Raised for Nonprofits

1. Who can donate?

Anyone with a credit card or debit card and access to the internet can donate.

2. When can someone donate?

Someone can donate to a participating nonprofit on May 1, 2018 from 12:00AM to 11:59PM

3. What forms of donations are accepted?

MasterCard, Visa, Discover and American Express donations received through the website. No donations via check, cash or stock will be accepted.

4. Is there a minimum gift?

Yes, a minimum donation of $10 is required.

5. How will the donations be reported on my credit card statement?

Your credit card statement will read: Givig Day Donation.

6. May I pay a pledge with my Palmetto Giving Day gift?

Palmetto Giving Day is designed to generate new support, not to pay off existing pledges.

7. May I designate how a nonprofit uses my gift?

Palmetto Giving Day gifts are considered unrestricted donations to a donor advised fund, ultimately granted out to a nonprofit as you specify, and no goods or services may be received in exchange for donations.

8.  Is my donation tax-deductible? How do I get a copy of my receipt?

All donations are fully tax deductible and irrevocable donations to a donor advised fund at The K Foundation, a 501(c)(3) organization which assists with the processing of the donation and forwarding of grant funds on to the nonprofit a donor specifies.

The K Foundation will provide an electronic receipt at the time of the donation via email. The e-mail you receive shortly thereafter meet all IRS requirements as a record of donation. If you are asked to provide a paper receipt for IRS purposes, please print out a copy of your email receipt.

9. How are donations processed by The K Foundation?
The K Foundation (“TKF”) is a tax-exempt 501(c)(3) public charity whose charitable purpose is to encourage the increase of philanthropy among people of all means by facilitating online donations for charitable purposes through the efficient receipt, processing, tracking and disbursement of charitable contributions for nonprofit organizations and schools.

TKF works with Palmetto Giving Day’s technology partner, Kimbia Inc., to handle the transacting and processing of funds donated through the givelocalamerica.org website. All donations are subject to The K Foundation terms for online donations found at http://thekfoundation.org/website-terms.pdf.

10. When will a charity receive my donation?
The K Foundation sends grant payments to nonprofits on the 15th of each month that include all donations made in the previous month.

11. If I have questions while making my donation who can I contact?

If you have any questions about your donation, please contact [email protected]

12. May I use my Palmetto Giving Day donation to buy event tickets, museum memberships, or other things that provide me a benefit?

No, Donations may not be used to pay for anything that might be perceived as a material benefit to the donor, advisor or other disqualified person – including dinner tickets, membership fees, golf fees, admission tickets or other gifts.

When you make a donation on Palmetto Giving Day, you are making a donation to a donor advised fund at TKF. This process exists to facilitate the granting of funds to the specific nonprofit or school you have recommended at the time of your gift.

All donations made through Palmetto Giving Day are final, irrevocable and non-refundable.

Nonprofits may not promise or provide good or services in exchange for your making a donation to a donor advised fund such as the donor advised fund administered by TKF. TKF may only accept contributions for which a donor will be receipted stating that “no goods or services were provided in return for the contribution.”