On your donor report, you might be curious about what each Transaction Type might mean. Here, we break down the different types that may come through the Bright Funds platform from donors.
Contributions from individual donors
Credit card Donation
The donor donated to your nonprofit on Bright Funds using their credit card.
The donor donated to your nonprofit on Bright Funds using their PayPal account.
Bank Transfer Donation
The donor donated to your nonprofit on Bright Funds using their personal account.
Contributions from companies
The donor had their original donation made to your nonprofit matched by their company. Their company made the matching donation contribution.
The donor's company offers matching for volunteer hours they complete. For example, a donor could volunteer at your nonprofit, and receive $10 for each hour volunteered. Similar to Matched Donation, the donor's company made the volunteer matching donation contribution.
The donor was awarded a credit from their company to direct to your nonprofit. Similar to the Matched and Volunteer Match Donations, the donor's company made the donation contribution.
DaaS transactions are a new type of donation that Bright Funds Foundation has recently started to accept as part of our new Disbursements as a Service (DaaS) product. We rolled out this service to help Family Foundations and other charitable giving platforms by managing their backend grantmaking operations on their behalf. DaaS transactions are essentially donations collected by a DaaS client and issued to Bright Funds Foundation to process and disburse to nonprofits, like yours. Similar to our other donation types, we can only share the original donor behind the donation if the donor opted into sharing their details.
Please note for matching, volunteer, and credit donations, these are paid for by the donor's company, and is not tax-deductible by the individual donor.
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