This webinar provides an in-depth overview of the CyberGrants Disbursement Solution (CGDS), a comprehensive payment processing system designed to enhance the administrative experience for corporations, employees, and nonprofit organizations. CGDS automates the entire payout process, including gift batching, organizational vetting, invoicing, and payments to eligible charities, both domestically and internationally.
This presentation explains the step-by-step payout process, from the corporation approving employee donations and grant payments to funding the invoices generated by CGDS. It also covers the handling of returned or stale checks, outlining the redirection process to ensure donated funds are allocated to qualified organizations. The webinar delves into the fee structure, including the CGDS service fee and credit card processing fees, and how corporations can choose to cover these costs. Finally, the session provides guidance on the next steps for implementing or optimizing the use of the CyberGrants Disbursement Solution to streamline philanthropic payouts.
Understanding CyberGrants Disbursement Solutions Presentation Slides