Disbursements
#weGIVECATHOLIC Prize Check Distribution
All #weGIVECATHOLIC prize checks—including pre-event cash prizes, Grand Prizes, Power Hours, and all additional prize categories—will be distributed in January. Checks will be mailed to the address your organization provided on your registration page.
If your organization earned a Boyd Watterson matching gift, that match will also be issued in January.
#weGIVECATHOLIC Disbursement
Mightycause Charitable Foundation provides bi-monthly disbursements through Electronic Funds Transfer (EFT). Donations are distributed on the 10th and 25th of each month. Optionally, you can choose to receive funds by check which are disbursed on the 10th of the following month.
Nonprofits with EFT can expect to receive their donations on the:
- 10th of the month, for donations made from the 16th of the previous month through the last day of the previous month.
- 25th of the month, for donations made from the 1st through the 15th of that same month.
Locating the Disbursement Report
Your organization’s disbursement report offers a detailed breakdown of the funds deposited through EFT. If you are an administrator for your organization, follow the steps below:
1. Log in to your administrative account.
2. Click on your user icon in the top-right corner, and then select your organization in the dropdown.
3. Select Reports on the left-hand navigation
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4. Select Disbursement from the sub-menu or directly from the landing page.
5. After selecting Disbursements you will land on a page with details from each of your payouts. Simply click on one of the items to view the full details.
Understanding the Disbursement Report
Your disbursement report provides a detailed summary, including the donations included in the disbursement, any adjustments applied, and a final breakdown explaining how the total amount deposited into your account was calculated. Reminder: Donations are disbursed around the 10th or 25th for EFT disbursements and around the 10th of the following month for check disbursements. For example, if a donor makes a contribution in November, the disbursement will occur in December.
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At the top of your Disbursement Report, you will see some general informaiton including the date the EFT was processed, your organization information, and the amount deposited into your account.
In the next section, you will find every donation that was included in the disbursement, including the date the gift was made, and the amount of the donation.
Finally, you’ll find a summary that combines all the sections outlined above into a single, comprehensive breakdown.
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Need further assistance?
Contact our team:
https://www.wegivecatholic.org/contact-us/support