SuccessFund makes deposits to your designated accounts each week. With each weekly deposit, you'll also have a detailed breakdown outlining where those funds go. You can even export a breakdown of every corresponding transaction that you can upload to your finance system to keep everything perfectly in sync.
What about payment processing fees?
While you won't find monthly, upfront, or recurring fees on SuccessFund, it does cost money to process payments online. At checkout, donors are encouraged to help cover our transparent, per-transaction fee of $1.00 + 5%. Over 90% of supporters choose to cover that fee meaning 100% of the donation goes directly to the program.
How do I know if I can use SuccessFund?
SuccessFund does not currently send money to individuals - so if you are part of a school or school district, you can use SuccessFund, and funds will be sent to your finance department. To find out if your organization is using SuccessFund to process fundraiser approvals, all you need to do is create your free account. Enter your work email address above, and we'll route you to the right place.
Our policy is "No Venmo," so why is this OK?
Peer-to-peer payment platforms like Venmo are a challenge for schools because the transactions are made between individuals without any visibility to the school or district. With SuccessFund, you can finally accept Venmo dollars without a user-to-user payment. The user does not need to open their Venmo app in search of your account. Instead, they'll visit your campaign, and select Venmo as their payment method at checkout. This provides the transparency districts require.