Funds are batched together and regranted by the Mightycause Charitable Foundation. We offer disbursements via EFT or check.
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.
(Actual posting to your bank account will depend on your bank's schedule but is typically no more than 2-3 business days.)
Learn how to set up EFT here.
If you prefer check disbursements, checks will be mailed around the 10th of the month for donations made in the previous month. There is a $5 service fee for each check, so we highly recommend signing up for EFT.
*When checks are not cashed within their 90-day grace period, they are automatically cancelled and reissued. Please note, the $5 service fee applies to reissued checks as well. There is no re-issuance fee for EFT.
Checks are mailed to the disbursement address as listed in our database. This can be viewed in the "Settings" > "Organization" tabs on your dashboard. Scroll down to view the "Legal Name" and "Legal Address" sections.
If you would like to view a detailed report and breakdown of all your Mightycause disbursements, you can do so by following the steps here.