Save time for donors, free more funds for non-profits.

A DAF account administered by CyberGrants takes the cost and overhead out of distributing funds for philanthropy.

Get more impact.

Disburse the maximum donation in the shortest amount of time at the lowest possible cost to the non- profit. Enjoy those advantages — and more — with a donor-advised fund (DAF) administered by CyberGrants.

Why our DAF solution is better for donors

Cut administrative costs

You don’t have to create payable accounts for NPOs, accept and track employee donations, account for matching gifts, cut checks, or process tax receipts. A single tax receipt and reconciliation reports dramatically reduce your internal costs.

Offload legal risk

By contributing through a DAF, the fund assumes the legal liability for violation of anti- terrorism legislation such as the Patriot Act.

Make funds flow predictable

Costs are tied to your funds flow and disbursements happen at monthly or quarterly intervervals. With regular payments and the fees tied to the scope of your programs, you can expand your efforts and confidently know what the costs will be.

Free more funds for NPOs

The more-efficient approach allows us to handle the administrative overhead for both you and the NPOs for a 2.97% funds transfer fee, capped at $250 per transaction. More than 97% of your philanthropy dollars are available to the NPOs to devote to your causes.

Outsource NPO support

CyberGrants handles the entire disbursements process, including handling any questions the charities have regarding your donation on your behalf.

Accelerate tax benefits

Because you are contributing to a DAF, you can claim your tax deduction immediately and allocate the funds later to the NPOs as you see fit.

Why our DAF solution is better for NPOs

Reduce administrative burden

CyberGrants handles the NPO’s internal costs of processing donations, maintaining donor records, issuing tax receipts and attendant costs such as bank fees and postage. This means they can devote more of your dollars to the cause.

Accelerate payments

All your donations go to the NPO, monthly or quarterly, in a single transmission that’s executed electronically. Bypassing paper checks gives them a more-predictable source of funds that they can put to immediate use.

Get help via portal and call center

NPOs access information about your grants and donations through an online reporting portal. When they have questions, the CyberGrants support center answers them on your behalf so they have a single convenient source for information.

Tailor a solution to your specific accounting practices with comprehensive disbursements options.

If disbursing through a DAF isn’t an option, CyberGrants is ready to custom-fit a disbursements solution for you. We can set up a for-benefit-of account dedicated to your donations, and issue disbursements via ACH or printed checks that carry your branded identity while we handle the administration. Or if you need to handle the payments in-house, we can furnish reports to your accounting department directing disbursements. When you choose either of these approaches, we provide a complete set of options to support your desired process.

Achieve Agile Social Impact across all your CSR efforts

Grants Management

Speed and streamline the granting process for your team and the NPOs you support, so they can devote more time and effort to their causes.

Employee Giving

Quickly implement new programs and provide employees choice. Use Viral Engagement techniques to build camaraderie and excitement.

Volunteerism

Create innovative programs, tap the unique expertise of your employees, and give them the flexibility to pursue your chosen causes or their own.

Disaster Relief

Harness the flexible platform to quickly create targeted programs whenever unforeseen events make news or impact your communities.

Get the latest from CyberGrants

FROM OUR BLOG

  • CyberGrants is launching a new multi-faceted customer training initiative: IncredibleU

      CyberGrants is launching a new multi-faceted customer training initiative: IncredibleU Get practical training videos, live Q+A sessions, pro tips and so much more! CyberGrants is a remarkably robust platform, which means there can be a lot to learn and remember. On the other hand, there are endless opportunities to enable best practices and leverage CyberGrants functionality to expand, improve and level up your programs. “Over my three years at CyberGrants, I have witnessed our clients’ tremendous focus and dedication as administrators, managers, and business owners. Their duty to achieve, and exceed, their social impact objectives is unmatched,” says Pete Karns, SVP, Product & Client Services. 

  • Impact Makers: Xcel Energy Foundation

      Impact Makers: Xcel Energy Foundation Creating Process Efficiencies to Fuel Greater Impact for Local Communities. The Xcel Energy Foundation oversees all charitable activities and sponsors the volunteer programs of Xcel Energy and its subsidiaries. Xcel Energy is a utility holding company based in Minneapolis, Minnesota, serving more than 3.3 million electric customers and 1.8 million natural gas customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas and New Mexico.  The majority of Xcel Energy Foundation funding comes from Xcel Energy shareholder dollars. In 2019, the Foundation granted more than $3.5 million to nonprofit organizations for programs that aligned with its four focus areas of education, economic sustainability, environmental stewardship and access to arts and culture. Additionally, the Foundation distributed nearly $3 million to match the donations and volunteer hours that employees contributed to qualified nonprofit organizations.

  • Why Energy Companies Choose CyberGrants

      Why Energy Companies Choose CyberGrants “Today our world is changing faster than ever before—economic, geopolitical, and environmental challenges abound. However, taking shortcuts is not the pathway to achieving sustainable competitive advantage, nor is it an avenue toward satisfying customers. In times such as these, a company must invest in the key ingredients of profitability: its people, communities, and the environment.” -Warren Buffet Corporate Social Responsibility in Energy The energy industry plays a singularly unique role at the intersection of serious environmental, social, and political issues. With global demand for energy growing by almost 50% between 2018 and 2050 (1), the sector is poised for significant growth. However, unlike in years past, energy companies today must strive to meet the “triple bottom line”. They are increasingly feeling the pressure - from everyday citizens, environmental groups, government agencies, and even activist shareholders and board members - to become more attentive to global challenges such as climate change, pollution, poverty, sustainability, and development.

LATEST RESOURCE

New eBook

Download the guide: Four Trends Dramatically Reshaping Corporate Philanthropy

Ready to talk?

Get a demo with one of our experts to see how we can help you achieve your corporate philanthropy goals and achieve Agile Social Impact.