Everydayhero is a low-cost peer-to-peer fundraising platform for nonprofit organizations. To find out more about the fees involved with everydayhero, please click here.
The good news, is that many of today’s online donors want to ensure that 100% of their donation gets to your nonprofit, and are willing to cover the cost of the transaction fees associated with donating online. In fact, we see 80%-90% of donors opt in to cover the transaction fee when they make a donation.
Everydayhero’s donor cover feature allows donors to cover the cost of the transaction fees related to their donation. So, every time someone makes a donation to your nonprofit, they are encouraged to cover the fees. This includes the credit card processing fee and the platform fee combined into one increased donation amount.
Here's how it works:
A checkbox is included on the donation form, giving donors the choice to contribute a little bit extra to cover the transaction fees associated with the donation.
When the box remains checked, the donor will see the gift's total automatically updated-both beside the Donor Cover checkbox and on the confirmation button at the bottom of the donation form.
Once the donation has been processed at the new amount with Donor Cover and any associated transaction fees are calculated, the charity will receive a net donation equivalent to the amount the donor originally selected to give.