Gravyty, a supplier of engagement and fundraising expertise, introduced the launch of the DAFpay characteristic, an modern cost choice that lets donors give from their DAF to 501(c)(3) registered nonprofits immediately via the Gravyty digital giving platform.
This thrilling new characteristic is powered by our partnership with Chariot, the creator of DAFpay and a DAF options supplier to nonprofits.
“DAF donors can usually be a nonprofits’ most extremely valued and constant supporters. By Gravyty’s highly effective DAFpay integration, we allow fundraising organizations to supply an optimized digital giving expertise for his or her supporters,” stated Josh Robertson, World Vice President of Product at Gravyty.
DAFs are the quickest rising automobile in philanthropy, having grown from 7% of annual charitable contributions in 2017 to 17% in 2022. By the top of 2022, there was $230 billion in DAF accounts and $52 billion was given from DAFs to nonprofits (supply: Giving USA and Nationwide Philanthropic Belief). The issue is that DAF giving has all the time been disconnected from a company’s fundraising efforts and giving campaigns. Since DAF donors could not use their DAF in any giving varieties, an excessive amount of cash has stayed in DAFs as an alternative of transferring to working nonprofits in want quicker.
“We’re thrilled to accomplice with Gravyty and collectively present a extra highly effective giving expertise,” stated Drew Schneider, Co-Founder and CPO at Chariot.
“Organizations that implement DAFpay are discovering extra DAF donors, constructing higher relationships with them and bettering their inner processes. It is an unbelievable alternative for nonprofits as a result of DAF donors’ common present measurement is almost $5,000 – that is 24x the common on-line bank card present!”
“The Gravyty staff is deeply dedicated to creating modern options that assist fundraisers meet their targets,” stated Gravyty President Sevonne Eliyahu.
The previous press launch was offered by an organization unaffiliated with NonProfit PRO. The views expressed inside don’t immediately replicate the ideas or opinions of the employees of NonProfit PRO.