Frequently Asked Questions

 

How Long has our company been around?

We have been in business since 1992, and carry an unsolicited A+ rating by the Better Business Bureau. We are fully licensed and insured money transmitter  and third party processor. We currently service over 1500 non-profit organizations with various aspects of their  fundraising payment activity.  

What are the tax implications of the funds raised for our organization through the DonorBOOST Program?

DonorBOO$T always recommends consulting a tax professional for final advice on tax-related inquired. For your non-profit entity, it may be best to compare the received funds to that of 1099 commission income since your organization's participation in the the DonorBOO$T program ultimately drives your network participants to sign up for our services. 

How and when do we get paid for our donor network?

The monthly residual sharing from the DonorBOO$t Program posts by the end of each month, and depends on several factors including the number of participating businesses, their unique processing volumes, and the services they utilize. This all factors in to what gets donated back to your 501(c)3 by GMS.