Q. What is #HudsonGives?
#HudsonGives is an online giving event that provides nonprofits the opportunity to gain exposure to -- and start relationships with -- new donors, and for people in our region to unite around local causes and raise as much money as possible for local nonprofits.
Q. When is it?
#HudsonGives will take place over 24 hours on Thursday, May 12, 2022 from 12:00 AM to 11:59 PM.
Q. What organizations are eligible for the Giving Day?
Organizations must have a current IRS approved 501(c)(3) status and must have their headquarters located in Hudson County, New Jersey. Additionally, if a nonprofit is located outside of Hudson County, but provides a significant amount of direct services in Hudson County, they are eligible to participate. We may ask for additional information. Schools and churches with proper IRS documentation or a federal identification number/EIN are eligible to participate.
Please note that in extenuating circumstances, established nonprofits with a history of programming in Hudson County that are in the process of securing their tax-exempt status with the IRS or reestablishing their tax-exempt status with the IRS may be able to participate with a fiscal sponsor or request that the Hudson County Chamber Foundation act as a fiscal sponsor for #HudsonGives.
All organizations that register are subject to review and approval by the Hudson County Chamber Foundation.
Q. Why should my organization participate in #HudsonGives?
#HudsonGives is an exciting way to boost your nonprofit’s fundraising efforts and visibility in the region. #HudsonGives provides eligible nonprofits the opportunity to reach potential new donors and the type of visibility that only a county-wide effort of this type can generate. Participating nonprofits will also have access to webinar sessions, toolkits and training materials on how to maximize their giving day experience. To make the most of these efforts your organization should ensure that your profile is up to date on the site well ahead of #HudsonGives and is custom-branded to tell your story.
Q. How much does it cost to participate in #HudsonGives?
There are fees for organizations to participate in #HudsonGives based on whether they are members of the Hudson County/Hoboken Chambers of Commerce and based on the organization’s operating budget. These fees will help to pay for the GiveGab platform we are using for our giving day and to help with our marketing costs. Once registered, nonprofits can maintain a profile on the GiveGab platform year-round.
Q. What is the Hudson County Chamber Foundation?
The Hudson County Chamber Foundation, Inc., is an IRS-approved 501(c)(3) organization founded in 2017. The mission of the Chamber Foundation is to support the capacity building of established small- and medium-sized businesses and nonprofit organizations in the region. #HudsonGives is the first major initiative of the Chamber Foundation.
Q. What is GiveGab?
GiveGab is a nonprofit giving platform that helps nonprofits to raise money, engage donors and manage volunteers quickly and efficiently. GiveGab offers a full portfolio of simple and easy-to-use products that allow organizations to function in a more streamlined manner.
Q. How can I ensure that I have a seamless experience when visiting the #HudsonGives site?
While #HudsonGives' website will perform optimally with most browsers, we always recommend visitors use the most updated version of your browser for a better and faster user experience for both you and your donors. Of these, our recommended browser is Google Chrome. That's because Chrome undergoes regularly scheduled updates and tends to be more reliable due to its adaptability to a wide range of features and functionality. Should you or your donors run into any challenges using the #HudsonGives site, please write in the little blue chat bubble on the website for immediate assistance!
Q. How much of the donation will go to our organization?
GiveGab retains a 3% campaign management fee from all donations. Credit Card processing fees are an additional 2.5% + $0.30 for all credit cards. 100% of all donations are tax-deductible for the donor. All donations will be officially receipted for tax purposes by GiveGab. Donors are given the option to cover the fees and a majority of them do! If they cover the processing fees, 100% of their online charitable gift will go to your organization.
Q. What is my deadline to ensure my organization's participation in #HudsonGives?
Registration for #HudsonGives opens to nonprofits on Monday, January 24, 2022 and will close on Friday, April 8, 2022.
Q. Can more than one person claim administrative access on our organization's page?
Yes, pending approval from existing administrators. All administrators will need to create a personal profile on GiveGab. Every person who has administrative access will receive emails about updates to their page.
Q. When will my organization receive the donated funds?
Each donation made to a participating nonprofit will be disbursed directly from GiveGab via direct deposit within 5-7 business days of the donation date.
Q. How does an organization know who donated and how much? Can I download a donations report?
All organizations that participate in #HudsonGives will be able to access and download a .CSV file of their donations via their administrative dashboard on GiveGab. The report is updated in real-time and will include the donation payout date for bank account reconciliation, donation information (including a breakdown of the fees), and the donor's name and contact information.
Q. What is state charitable solicitation registration?
Nonprofits are held to a high standard of government regulation and public scrutiny. And that is with good reason! Eligible 501(c) nonprofits are exempt from federal corporate taxes and have access to public funding. These benefits are not typically available to for-profit businesses, so laws are in place to protect the public and ensure nonprofits do not abuse their financial advantages. The IRS and states all have requirements for nonprofits.
Q. Why is state charitable solicitation registration compliance important?
While 501(c) nonprofits receive key financial benefits, the penalties for non-compliance can be serious. The IRS can revoke a nonprofit’s tax exemption and impose fines that can accrue daily. The states can administratively dissolve a nonprofit corporation and levy steep financial penalties. Perhaps worst of all, an organization can lose out on a grant or large donation because it has not kept itself in good standing.
Taking a proactive approach to compliance helps ensure the sustained success of the organization. The cost of staying compliant is small in comparison to the much larger costs of noncompliance. The saying, “an ounce of prevention is worth a pound of cure” could not be more true in this context.
Q. What are the key aspects of state charitable solicitation registration compliance?
The IRS provides tax exemptions to eligible nonprofits under IRC 501(c). Public charities and private foundations receive 501(c)(3) tax exemption. The IRS scrutinizes organizations when they apply for 501(c)(3) but also ensures that those organizations meet the ongoing obligations to remain eligible. Nonprofits must file a 990 tax form each year with the IRS to disclose their financial data for the year.
Each state has its own set of requirements. Nonprofits are typically incorporated in a given state as a nonprofit corporation. The state in which the nonprofit has incorporated will impose requirements on the nonprofit, and those responsibilities typically span across multiple state agencies. Usually, nonprofits must submit an annual filing to the corporations division of the secretary of state, maintain their license to fundraise (charitable solicitation registration), file for a state business license, and maintain state-level tax exemption with the revenue department. As nonprofits expand outside of the state or operate nationwide, they must comply with the same items in each other state as well.
In addition to IRS and state filing requirements, nonprofits must keep adequate records. Keeping accurate and complete records is critical in the event that an organization is audited. It is also common that board members or donors request information from the organization. Finally, records are necessary for submitting applications and renewal filings with various government agencies.
Q. When I check the box on GiveGab to declare state charitable solicitation registration compliance, what am I attesting to?
When you check the box you are attesting (defined as "declaring that something exists or is the case") that your organization is compliant with applicable state fundraising requirements in the states in which you may solicit donors using the GiveGab platform.
Q. Who can donate?
Anyone with a credit/debit card and access to the internet via a computer or their smartphone.
Q. What is a "unique donor"?
For the purposes of awarding prizes, a unique donor is one individual or corporation/business. Multiple donations from one donor to the same nonprofit will count as one gift. Organizations cannot donate to themselves.
Q. What forms of donations are accepted?
MasterCard, Visa, Discover and American Express donations received through the website on the giving day will be matched from the bonus pool on a prorated basis. No donations via check, cash or stock will be accepted.
Q. Is my donation tax-deductible?
When donations are received through the website, a receipt is automatically generated for the gross amount of your gift and emailed to the address you provide. Your tax professional can advise you on the tax deductibility of the donation.
Q. Will I receive a receipt for tax purposes?
Yes. You will automatically receive an emailed receipt acknowledging your gift.
Q. Is there a minimum gift?
There is a $5 minimum donation.
Q. May I pay a pledge with my gift?
Since #HudsonGives is designed to generate new support, we are unable to accept gifts to pay off existing pledges.
Q. May I designate how a nonprofit uses my gift?
All donations made during #HudsonGives are considered unrestricted gifts to the nonprofit. However, you may express your desire that your gift be used for a specific program or project (in the notes field of the giving form).
Q. How much of the donation will go to the nonprofit?
GiveGab retains a 3% Credit Card processing fees are an additional 2.5% + $0.30 for all credit cards. 100% of all donations are tax-deductible for the donor. All donations will be officially receipted for tax purposes by GiveGab. Donors are given the option to cover the fees and a majority of them do. If they cover the processing fees, 100% of their online charitable gift will go to your organization.
Q. May I use my donation to buy event tickets, museum memberships, or other things that provide me a benefit?
No, donations may not be used to pay for anything that might be perceived as a material benefit to the donor, advisor or other disqualified person - including dinner tickets, membership fees, golf fees, admission tickets or other gifts.
Q. What if I can't find my favorite nonprofit on the website?
If you can't find them on the site, they may not be participating in the event this year. After the event, please encourage the nonprofit to contact us so we can be sure they are ready for next year.
Q. What if I don't have a favorite nonprofit but want to support #HudsonGives?
If you do not have a favorite nonprofit but would like to support #HudsonGives, you can direct a donation to the Hudson County Chamber Foundation. The Chamber Foundation is hosting #HudsonGives. A portion of your donation will be used to cover expenses for this year’s event and/or distributed equally to all the nonprofits participating.
Q. What is the Hudson County Chamber Foundation?
The Hudson County Chamber Foundation, Inc., is an IRS approved 501(c)(3) organization founded in 2017. The mission of the Chamber Foundation is to support capacity building of established small- and medium-sized businesses and nonprofit organizations in the region. #HudsonGives is the first major initiative of the Chamber Foundation.
Q. Who is GiveGab?
GiveGab is an online giving platform that helps nonprofits raise money, engage donors, and manage volunteers quickly and efficiently. GiveGab offers a full portfolio of simple and easy-to-use products that allow organizations to function in a more streamlined manner. Your profile on GiveGab is available 365 days a year for fundraising and volunteer management should you choose to use it beyond the giving day.
Q. Do I need to create an account with GiveGab?
No. You do not need to create an account to make a donation. The benefits of creating an account include having your tax receipts collected in one location, being able to track your donations, follow the charities you support, and engage in future volunteering and donations. Your tax receipt is emailed immediately upon processing your donation. To claim a donation as a deduction on U.S. taxes, you should retain the donation receipt as an official record.
Q. How will donations be distributed?
Each donation made to a participating nonprofit will be disbursed directly from GiveGab via direct deposit within within 5-7 business days of the donation date.
Q. Who will receive my contact information?
The organization(s) you choose to support will have access to your name and email address. This information is used solely to send thank you messages, provide the option to receive future notifications, and to notify you of future activities.
Q. Can I make donations via a mobile device?
Yes! Simply visit hudsongives.org.