Frustrated at how hard it is to make
grant payments? You're not alone.
As a foundation or DAF, you want to distribute grants to charitable organizations. You need to ensure that the funds get to the charity safely and securely, sometimes only after the grantee agrees to the terms of your grant.
So, if you're like so many other donors, you'll do one of the following:
Send a check
You search for the charity's legal address and mail them a check. But checks get lost and stolen, and don't enable you to get the charity's consent to your grant conditions.
Send a wire transfer
You need to first track down the charity, and obtain from them their bank account information, as well as a copy of a cancelled check. You need to store this information securely, and to review and vet it. And you still need a whole platform to manage grant acceptance and track distributions.
Now with GivingTech Grant Payments, there's a (much) better way.
Dedicated granting account
Search for your grantee
Trusted by some of the America's leading grantors
Vetting by PayPal
All charities in the Grant Payments platform have undergone an extensive vetting process by PayPal including 501c3 verification, are in good standing with PayPal's risk and compliance practices and policies, and have provided proof that the account holder is authorized by the charity to operate the account on the charity's behalf.
When you make a grant through GivingTech Grant Payments, an email is sent to the charity's official representative. In order to claim the grant, the charity logs into its Paypal Grant Payments account, and accept the terms of the grant. The funds are then instantly deposited into the charity's verified bank account or Paypal account).
Trusted by global companies
Among the companies and charities who distribute grants using the Paypal Grant Payments infrastructure include: Meta (Facebook Fundraisers), the National Philanthropic Trust, and Vanguard Charitable. GivingTech is a global technology company founded in 2009 that facilitates global giving for over 1,200 foundations and DAFs.