Donation timeline to U.S. based nonprofits
Timeline for a credit card or PayPal donation to a U.S. nonprofit
Donations are typically disbursed the month following the month of your donation.
Month of donation
- A donation is made to a US-based organization on Bright Funds.
- A donation acknowledgement email is sent from Bright Funds Foundation and the status of your donation is “Complete,” which is the final status of your donation.
Following month
- Bright Funds verifies that the nonprofit is eligible to receive tax deductible donations.
- Donations are processed and sent to nonprofits by the 15th of the month following the month of donation.
Timeline for a match to a U.S. nonprofit
In order to request a match, you must be an employee of a company that offers donation matching
Matching gifts are typically disbursed two months following the month the match was approved
Month of match request
- After a match is requested, it is approved provided the donation meets your company’s matching gift policy. The status of your gift changes from “Awaiting approval” to “Awaiting transfer.”
Following month
- On the 1st of the following month, an invoice is sent to your company for the matching funds.
- Once your company sends the matching donation to Bright Funds, it is queued for disbursement to the nonprofit and the status of your gift changes to “Matched.”
Month after Bright Funds receives matching funds from your company
- Matching gifts are sent by the 15th of the month after Bright Funds receives the matching funds from your company.
Timeline for a payroll donation to a U.S. nonprofit
Payroll donations are typically disbursed two months following the month the payroll donation was made/approved.
Month of donation
- A payroll donation is made to a US-based organization on Bright Funds.
- A donation acknowledgement email is sent from Bright Funds Foundation and the status of your donation is “awaiting transfer,” which indicates we are awaiting the transfer of the donation funds from your employer.
Following month
- On the 1st of the following month, an invoice is sent to your company for the payroll donation funds.
- Once your company sends the donation to Bright Funds, it is queued for disbursement to the nonprofit and the status of your payroll donation changes to “Complete.”
Month after Bright Funds receives payroll donation funds from your company
- Payroll donations are sent by the 15th of the month after Bright Funds receives the funds from your company.
Timeline for a credit grant to a U.S. nonprofit
Credit grants are typically disbursed two months following the month the donation was made.
Month of donation
- A credit grant donation is made to a US-based organization on Bright Funds.
- The status of your donation is “awaiting transfer,” which indicates we are awaiting the transfer of the donation funds from your employer.
Following month
- On the 1st of the following month, an invoice is sent to your company for the credit grant donation funds.
- Once your company sends the donation to Bright Funds, it is queued for disbursement to the nonprofit and the status of your credit grant donation changes to “Complete.”
Month after Bright Funds receives credit grant donation funds from your company
- Credit grants are sent by the 15th of the month after Bright Funds receives the funds from your company.