Funds are batched together and regranted by the Mightycause Charitable Foundation.
We encourage all organizations to set up direct deposit, or electronic funds transfer (EFT), for your organization’s disbursements. With EFT, you’ll receive your funds on a twice-monthly schedule.
For the EFT or direct deposit option, nonprofits can expect to receive their donations on the:
— 25th of the month for donations made from the 1st through the 15th of that month.
— 10th of the month for donations made from the 16th of the prior month through the last day of the prior month.
Learn how to set up EFT here.
If you prefer check, checks are mailed by the tenth of the following month to the disbursement address as listed in our database (displayed under "Legal Name and Mailing Address for Check" in "Settings" section of your admin dashboard). A check will not be sent if you have set up an electronic funds transfer. As of Dec 1, 2017 there is a $5 service fee per check.
When checks are not cashed within their 90-day grace period, they are automatically cancelled and re-issued.
If you would like to view a detailed report and breakdown of all your Mightycause disbursements, you can do so by following these steps here.