Posted at 12:05 AM on November 16, 2012
by Marianne Combs
(4 Comments)
Filed under: Funding
In its fourth year, Give to the Max Day set new records for fundraising, despite technical glitches which plagued the website for much of the day.
At midnight, GiveMN.org's ticker showed that 53,339 donors raised $16,391,905 for 4,381 Minnesota nonprofits.
Those are new records across the board.
In past years revised totals have been issued the following day - it remains to be seen whether site crashes experienced by donors throughout the day had a significant impact on the accuracy of the tally.
Some of the increase can be attributed to the addition of several public schools to the pool of participating organizations.
Past years' totals were:
2009: 38,000 donors raised $14 million for 3,141 MN nonprofits
2010: 42,596 donors raised $10 million for 3,663 MN nonprofits
2011: 47,537 donors raised $13,559,530 for 3,978 MN nonprofits
Additional cash prizes went to the top three fundraisers in each of four categories. They are:
MAIN LEADERBOARD (all nonprofits except colleges and universities)
1 Cretin-Derham Hall
2 Interfaith Outreach and Community Partners
3 Second Harvest Heartland
MEDIUM NONPROFITS
1 Shir Tikvah Congregation
2 Wildcat Sanctuary
3 LISTENING HOUSE OF ST PAUL INC
SMALL NONPROFITS
1 WHITE DOVE FOUNDATION
2 MINNESOTA SHELTIE RESCUE
3 A Rotta Love Plus
COLLEGES AND UNIVERSITIES
1 St. Olaf College
2 CONCORDIA COLLEGE CORPORATION
3 College of Saint Benedict
According to tonight's tally, people gave an average of $11,383 a minute to Minnesota nonprofits and schools over the past 24 hours.
Do you know how much Razoo takes off the top of each donation throught GiveMN? I have been with a non-profit and donated yesterday, but forgot that they take a chunk and the funds do not get to the non-profit for quite a while. Is that still true?
If one donates $20 how much does the non-profit actually receive?
Linda
It takes about a month to get payment. They take a 2.9 % administrative fee.
It seems to me that if one were making a relatively small donation (less than $50), that GiveMN would not be the way to go.
But good for Razoo as they made a lot of profit in ONE day!
Thanks for the reply.
GiveMN partners with Razoo and the Razoo Foundation to administer the www.givemn.org website and to manage donations. A donor's donation is 100% tax deductible. A 2.9% processing fee is passed onto the nonprofit. This low fee covers the cost of the credit card transaction and disbursement of funds to the nonprofit. Thanks again to the 53,339 people who gave to the Max on Thursday! And thank you Marianne for your coverage of the event this week.
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