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Looks to me like the Giving Fund option would be ideal for recurring, long-term giving/fund-raising over time, but I agree that any immediate assistance with our situation would be best served by the initial donation form. I'm not crazy about Paypal getting
to decide if we're still a worthy charity (I presume that depends on maintaining our status on the other charity trackers and with the IRS), but since it appears they would notify the donor to identify an alternate option, that's not as unreasonable as I initially
thought as they could choose another path to donate if desired. </div>
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Thanks for keeping up with all this! I know it's been a constant stream of work/notices for the last few weeks!</div>
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-Anna</div>
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<p>Anna Goben</p>
<p>Evergreen Indiana Coordinator</p>
<p>Indiana State Library</p>
<p>140 N. Senate Ave.</p>
<p>Indianapolis, IN 46204</p>
<p>Telephone: 317-234-6624</p>
<p>Fax: 317-262-3713</p>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> Board <board-bounces@list.evergreen-ils.org> on behalf of Galen Charlton <gmc@equinoxinitiative.org><br>
<b>Sent:</b> Thursday, October 22, 2020 10:35 AM<br>
<b>To:</b> EOB-public <board@list.evergreen-ils.org><br>
<b>Subject:</b> Re: [Board] Next steps re accepting donations</font>
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<div><span style="font-size:12.0pt; font-family:"Arial","sans-serif"; color:red">**** This is an EXTERNAL email. Exercise caution. DO NOT open attachments or click links from unknown senders or unexpected email. ****</span>
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<div dir="ltr">Hi,<br>
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<div dir="ltr" class="x_gmail_attr">On Mon, Oct 19, 2020 at 9:43 AM Galen Charlton <<a href="mailto:gmc@equinoxinitiative.org">gmc@equinoxinitiative.org</a>> wrote:<br>
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<div>Our application to become a "Confirmed Charity" has been approved. PayPal will now automatically consider whether to enroll us in the PayPal Giving Fund, and the confirmed charity status will make it possible for us to enroll with GoFundMe Charity should
we choose to pursue that option for specific fundraising campaigns.<br>
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<div>We are now registered with the PayPal Giving Fund, and we now have a fundraising page here:
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<div><a href="https://www.paypal.com/us/fundraiser/charity/4106223">https://www.paypal.com/us/fundraiser/charity/4106223</a></div>
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<div>There are some tradeoffs involved with choosing to use the PayPal Giving Fund versus the PayPal donation form I created a few days ago:</div>
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<div>PayPal Giving</div>
<div>-------------------</div>
<div>pro: PayPal covers the transaction fees</div>
<div>pro: PayPal sends the donation receipt</div>
<div>con: Funds are not available immediately. Instead, funds are deposited into our PayPal account monthly and thus can take 15-45 days to show up after the donation</div>
<div>con: Disbursements to charities are at PayPal's discretion, so they could choose to redirect donations for various reason</div>
<div>con: There is no option to set up a recurring donation through this form<br>
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<div>Donation form</div>
<div>-------------------</div>
<div>pro: Funds are available immediately</div>
<div>pro: Funds go directly to us, although of course we're always subject to a donor deciding to change their mind and challenge a donation in a way that might disrupt our PayPal account</div>
<div>pro: The donation form allows the donor to easily set up a monthly recurring donation<br>
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<div>con: While while PayPal does of course generate a receipt when the donation is made, we still have to ensure that we send out tax receipts as well with the appropriate language</div>
<div>con: PayPal charges us transaction fees<br>
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<div>For the short term, I think we should direct people to the donation form. Longer-term, the PayPal Giving form would be suitable for campaigns where somebody wishes to pay via PayPal or credit card but where we don't need quick availability of the funds.</div>
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<div>By the way, I supplied the "About This Charity" text on the Giving form, so suggested edits are welcome.
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<div>Regards,</div>
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<div>Galen<br>
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<div>Galen Charlton<br>
Implementation and Services Manager<br>
Equinox Open Library Initiative<br>
phone: 1-877-OPEN-ILS (673-6457)<br>
email: gmc@equinoxInitiative.org<br>
web: <a href="https://protect2.fireeye.com/v1/url?k=3442e800-6af275ae-3446a100-86e696e30194-4a0f2d40ce25d9c4&q=1&e=11a97637-906f-4119-bd89-9df6bba3148b&u=https%3A%2F%2Fequinoxinitiative.org%2F" target="_blank">https://equinoxInitiative.org</a><br>
direct: +1 770-709-5581<br>
cell: +1 404-984-4366</div>
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