At the end of the year, there’s a giving BOOM.
An incredible one-third of the year’s giving comes during December. Perhaps even more incredibly, 12% of giving for the entire year comes in the last three days of December! (more…)
Today is Giving Tuesday! If you panicked because you forgot to prep your church for it, then this post is for you.
Giving Tuesday began in 2012 with a simple purpose: to connect people around the world through the act of generosity. It’s also a day that churches can use to celebrate all that God has done and offer ways for people to give back. [Read more…]
Generosity is part of who God is—there are thousands of Bible verses that teach us about his generous character. We can also learn about biblical generosity from one another. Because we’re created to live in community, we are designed to care for and meet each other’s needs. [Read more…]
“To cover fees or not cover fees, that is the question.”
While Shakespeare never debated the benefit of giver-covered fees, it is a debate in churches.
Before we look at the “why” behind giver-covered fees, let’s break down the “what.”
A processing fee is an amount it costs to process or facilitate a gift. Processing fees apply to credit/debit transactions and ACH transactions.
For credit and debit cards, a processing fee is an amount charged by the credit card company that issued the card. Most card processing fees are around 3% plus a small fixed amount for each gift. (For example, Faithlife Giving’s premium rate is 2.49% plus 30 cents.)
For ACH transactions, a processing fee is usually a smaller percentage with a fixed amount. (Faithlife Giving’s premium ACH transaction fee is 1.0% plus 30 cents per gift.)
Every time you swipe a card or make an ACH payment—even when you’re buying groceries—someone is paying a processing fee to your bank or card issuer (Visa, Mastercard, etc.).
The question is, should a church pay the processing fee for online gifts or make it optional for a giver to cover the fee as part of their gift?
Theologically, churches hold different positions on giving and so also differ on whether to cover fees or not. They fall into two main camps:
No matter where you fall in the discussion, Faithlife Giving could be a great fit for your church. That’s because our goal is not to tell you how your church should give but provide you with an online giving platform that supports your goals and mission.
That’s where one of our customers’ favorite features comes in.
If your church is using Faithlife Giving, you can enable givers to cover processing fees. This means that your regular givers can increase their gifts to include processing fees, so the church gets 100% of what your giver intended you to receive. (Note: The entire gift, even the portion covering the fees, is tax-deductible.)
It’s fun to see how giver-covered fees are working out for churches using Faithlife Giving:
For our customers who make it optional for givers to cover fees, givers choose to pay them 60% of the time.
With Faithlife Giving, givers can choose to pay the processing fees in addition to their gift amount, ensuring your church receives the full gift amount.
Or you can choose for your church to cover processing fees.
Either way, Faithlife Giving gives you peace of mind so you can focus on serving people.
Learn how Faithlife Giving can make online giving an enjoyable, seamless experience for your church.
You might be wondering how mobile giving, a simple technology, could help your church be more generous. Stay with me.
As believers, we all experience times when the Holy Spirit speaks to us and we are compelled to action. During those moments, we’re in good company.
There were many times during Jesus’ earthly ministry when he was moved with compassion to help others. He stopped in the middle of a huge crowd to talk with the woman who touched the hem of his cloak (Mark 5:25–34). And He passed by a man who was born blind and healed his sight (John 9). He also let a woman who was an outcast wash his feet with her tears and forgave her sins (Matt 26:6–13). [Read more…]
Summertime doesn’t have to be a season that stretches your church funds. If you aren’t capitalizing on the ways people use mobile devices, including recurring giving, you’ll probably face the dreaded summer slump every year. Taking advantage of technology could increase giving at your church by thousands of dollars a year.
The generation known for its nomadic, trend-following tendencies is (somewhat) settling down and becoming (slightly) more predictable. Millennials are aging and will make up the largest demographic of the American workforce by 2020.1 According to Forbes, there are 53 million freelancers in the United States. [Read more…]
You’re probably noticing, like the rest of the world, that people are hardly carrying cash or checks anymore. Most transactions are happening from our phones.
That’s why having text-to-give in your church is so important. (Though passing the plate is, too, for those who still use cash and as a visual reminder about giving.)