Charitable Payroll Deductions ("How it Works")
GIVING IN THE WORKPLACE: HOW PAYROLL DEDUCTIONS GET DISTRIBUTED T0 DESIGNATED NONPROFITS Charitable Payroll Deductions HOW IT WORKS NO. IST Employee establishes 2ND their desired charitable deduction (s) from online Pledges to system. donate X amount of dol- If a corporate matching program is in place, the system automatically matches all funds deducted. lars per paycheck. 54% of those asked to give to a work place campaign of employees seek to 81% get involved in CSR via matching programs· donated. 3RD 4TH System aggregates all deduction data, generating and delivering the required files needed by the payroll System produces matching file for department handing company's matching department. program. of employees, on average, 47% participate in workplace giving- of companies report increased 46% participation in matching programs in 2009. 5TH Payroll department deducts and deposits funds; sends back final deduction amounts to 6TH $S. paying agent and Upon receipt of funds, paying agent distrib- treasury account. utes funds to all des- $628 is the median total given per employee- ignated organizations. System is updated with processed donations. million is median amount $ 2.30 raised from employee payroll deductions 7TH Non-profits receive funds via ACH immediately. System delivers statement of reconciliation to company. 11% is the estimated payments to be made by check in 2020- SOURCES 1. "Workplace Giving 2010: Next Generation Workplace Campaigns." www.philanthropy.iupui.edu. The Center on Philanthropy at Indiana University, 2010. 2. 2010 Cone Cause Evolution Study." www.coneinc.com. Cone, 201o. 3. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 4. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 5. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 6. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 7. "2010 Billing Household Survey: Consumer Survey of Offline and Online Billing and Payment Practices" www.Fiserv.com. Fiserv, 2010 Payroll deduction accounts for the highest median dollar amount donated by employees: that's nearly O $2.30 MILLION OF $3.03 MILLION 75% of all employee giving Created by YourCause, LLC - Corporate Social Responsibility Solutions INDIN UTINDUT DUT ON DIYN DUT SAY IN DU 1ST. DAY D 3RD DAY 4THDAY STH DA 7TH. DAY Rate Amount Ameunt GIVING IN THE WORKPLACE: HOW PAYROLL DEDUCTIONS GET DISTRIBUTED T0 DESIGNATED NONPROFITS Charitable Payroll Deductions HOW IT WORKS NO. IST Employee establishes 2ND their desired charitable deduction (s) from online Pledges to system. donate X amount of dol- If a corporate matching program is in place, the system automatically matches all funds deducted. lars per paycheck. 54% of those asked to give to a work place campaign of employees seek to 81% get involved in CSR via matching programs· donated. 3RD 4TH System aggregates all deduction data, generating and delivering the required files needed by the payroll System produces matching file for department handing company's matching department. program. of employees, on average, 47% participate in workplace giving- of companies report increased 46% participation in matching programs in 2009. 5TH Payroll department deducts and deposits funds; sends back final deduction amounts to 6TH $S. paying agent and Upon receipt of funds, paying agent distrib- treasury account. utes funds to all des- $628 is the median total given per employee- ignated organizations. System is updated with processed donations. million is median amount $ 2.30 raised from employee payroll deductions 7TH Non-profits receive funds via ACH immediately. System delivers statement of reconciliation to company. 11% is the estimated payments to be made by check in 2020- SOURCES 1. "Workplace Giving 2010: Next Generation Workplace Campaigns." www.philanthropy.iupui.edu. The Center on Philanthropy at Indiana University, 2010. 2. 2010 Cone Cause Evolution Study." www.coneinc.com. Cone, 201o. 3. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 4. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 5. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 6. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 7. "2010 Billing Household Survey: Consumer Survey of Offline and Online Billing and Payment Practices" www.Fiserv.com. Fiserv, 2010 Payroll deduction accounts for the highest median dollar amount donated by employees: that's nearly O $2.30 MILLION OF $3.03 MILLION 75% of all employee giving Created by YourCause, LLC - Corporate Social Responsibility Solutions INDIN UTINDUT DUT ON DIYN DUT SAY IN DU 1ST. DAY D 3RD DAY 4THDAY STH DA 7TH. DAY Rate Amount Ameunt GIVING IN THE WORKPLACE: HOW PAYROLL DEDUCTIONS GET DISTRIBUTED T0 DESIGNATED NONPROFITS Charitable Payroll Deductions HOW IT WORKS NO. IST Employee establishes 2ND their desired charitable deduction (s) from online Pledges to system. donate X amount of dol- If a corporate matching program is in place, the system automatically matches all funds deducted. lars per paycheck. 54% of those asked to give to a work place campaign of employees seek to 81% get involved in CSR via matching programs· donated. 3RD 4TH System aggregates all deduction data, generating and delivering the required files needed by the payroll System produces matching file for department handing company's matching department. program. of employees, on average, 47% participate in workplace giving- of companies report increased 46% participation in matching programs in 2009. 5TH Payroll department deducts and deposits funds; sends back final deduction amounts to 6TH $S. paying agent and Upon receipt of funds, paying agent distrib- treasury account. utes funds to all des- $628 is the median total given per employee- ignated organizations. System is updated with processed donations. million is median amount $ 2.30 raised from employee payroll deductions 7TH Non-profits receive funds via ACH immediately. System delivers statement of reconciliation to company. 11% is the estimated payments to be made by check in 2020- SOURCES 1. "Workplace Giving 2010: Next Generation Workplace Campaigns." www.philanthropy.iupui.edu. The Center on Philanthropy at Indiana University, 2010. 2. 2010 Cone Cause Evolution Study." www.coneinc.com. Cone, 201o. 3. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 4. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 5. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 6. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 7. "2010 Billing Household Survey: Consumer Survey of Offline and Online Billing and Payment Practices" www.Fiserv.com. Fiserv, 2010 Payroll deduction accounts for the highest median dollar amount donated by employees: that's nearly O $2.30 MILLION OF $3.03 MILLION 75% of all employee giving Created by YourCause, LLC - Corporate Social Responsibility Solutions INDIN UTINDUT DUT ON DIYN DUT SAY IN DU 1ST. DAY D 3RD DAY 4THDAY STH DA 7TH. DAY Rate Amount Ameunt GIVING IN THE WORKPLACE: HOW PAYROLL DEDUCTIONS GET DISTRIBUTED T0 DESIGNATED NONPROFITS Charitable Payroll Deductions HOW IT WORKS NO. IST Employee establishes 2ND their desired charitable deduction (s) from online Pledges to system. donate X amount of dol- If a corporate matching program is in place, the system automatically matches all funds deducted. lars per paycheck. 54% of those asked to give to a work place campaign of employees seek to 81% get involved in CSR via matching programs· donated. 3RD 4TH System aggregates all deduction data, generating and delivering the required files needed by the payroll System produces matching file for department handing company's matching department. program. of employees, on average, 47% participate in workplace giving- of companies report increased 46% participation in matching programs in 2009. 5TH Payroll department deducts and deposits funds; sends back final deduction amounts to 6TH $S. paying agent and Upon receipt of funds, paying agent distrib- treasury account. utes funds to all des- $628 is the median total given per employee- ignated organizations. System is updated with processed donations. million is median amount $ 2.30 raised from employee payroll deductions 7TH Non-profits receive funds via ACH immediately. System delivers statement of reconciliation to company. 11% is the estimated payments to be made by check in 2020- SOURCES 1. "Workplace Giving 2010: Next Generation Workplace Campaigns." www.philanthropy.iupui.edu. The Center on Philanthropy at Indiana University, 2010. 2. 2010 Cone Cause Evolution Study." www.coneinc.com. Cone, 201o. 3. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 4. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 5. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 6. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 7. "2010 Billing Household Survey: Consumer Survey of Offline and Online Billing and Payment Practices" www.Fiserv.com. Fiserv, 2010 Payroll deduction accounts for the highest median dollar amount donated by employees: that's nearly O $2.30 MILLION OF $3.03 MILLION 75% of all employee giving Created by YourCause, LLC - Corporate Social Responsibility Solutions INDIN UTINDUT DUT ON DIYN DUT SAY IN DU 1ST. DAY D 3RD DAY 4THDAY STH DA 7TH. DAY Rate Amount Ameunt GIVING IN THE WORKPLACE: HOW PAYROLL DEDUCTIONS GET DISTRIBUTED T0 DESIGNATED NONPROFITS Charitable Payroll Deductions HOW IT WORKS NO. IST Employee establishes 2ND their desired charitable deduction (s) from online Pledges to system. donate X amount of dol- If a corporate matching program is in place, the system automatically matches all funds deducted. lars per paycheck. 54% of those asked to give to a work place campaign of employees seek to 81% get involved in CSR via matching programs· donated. 3RD 4TH System aggregates all deduction data, generating and delivering the required files needed by the payroll System produces matching file for department handing company's matching department. program. of employees, on average, 47% participate in workplace giving- of companies report increased 46% participation in matching programs in 2009. 5TH Payroll department deducts and deposits funds; sends back final deduction amounts to 6TH $S. paying agent and Upon receipt of funds, paying agent distrib- treasury account. utes funds to all des- $628 is the median total given per employee- ignated organizations. System is updated with processed donations. million is median amount $ 2.30 raised from employee payroll deductions 7TH Non-profits receive funds via ACH immediately. System delivers statement of reconciliation to company. 11% is the estimated payments to be made by check in 2020- SOURCES 1. "Workplace Giving 2010: Next Generation Workplace Campaigns." www.philanthropy.iupui.edu. The Center on Philanthropy at Indiana University, 2010. 2. 2010 Cone Cause Evolution Study." www.coneinc.com. Cone, 201o. 3. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 4. "Giving in Numbers 2010 Edition." www.corporatephilanthropy.org. CECP, 2010. 5. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 6. "Giving in Numbers 2011 Edition." www.corporatephilanthropy.org. CECP, 2011. 7. "2010 Billing Household Survey: Consumer Survey of Offline and Online Billing and Payment Practices" www.Fiserv.com. Fiserv, 2010 Payroll deduction accounts for the highest median dollar amount donated by employees: that's nearly O $2.30 MILLION OF $3.03 MILLION 75% of all employee giving Created by YourCause, LLC - Corporate Social Responsibility Solutions INDIN UTINDUT DUT ON DIYN DUT SAY IN DU 1ST. DAY D 3RD DAY 4THDAY STH DA 7TH. DAY Rate Amount Ameunt
Charitable Payroll Deductions ("How it Works")
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