Pledges

Overview

Establishing a stream of recurring donations is a powerful method to secure necessary funds for many non-profit organizations. Steady, predictable revenue creates a financial base that allows organizations to thrive and flourish, increasing the positive influence of your mission in the community.

Sumac provides powerful research tools that help identify then follow through on your most promising prospects for recurring or one-time pledges. Automated payment processing eliminates the work of repeatedly entering recurring pledge payment details, allowing staff to focus on obtaining new donors and pledges for continued financial support.

Features

• Convert loyal annual donors to monthly giving programs, raising more money with greater consistency.
• Identify your best donors and prospects for monthly gift programs using built-in, analytical reports.
• Record and process pledges with ease.
• Automate pledge payment processing.
• Track variable pledge schedules including fixed length, ongoing and one-time major gifts.
• Prevent lapsed pledges using delinquency reminders and reports while flagging soon-to-expire credit cards.
• Monitor start and stop dates for pledges while issuing timely renewal reminders.
• Reduce donor attrition and costs for renewal campaigns using automated reporting processes.
• Schedule and produce combined tax receipts annually or on schedules determined by your organization or donor preferences.
• Built-in revenue projection reports support program analysis and cash flow planning.
• Create pledges that can be earmarked for a specific fund.
• Identify pledges that occurred as a result of a specific campaign or event, providing a more complete picture of the effectiveness of specific fundraising strategies.
• Each pledge allows you to specify its status (active, completed, written off)
• Accept pledges online through your website. Pledge and payment details are recorded in the Sumac database, and thank-you letters are generated and emailed immediately. See pledges online screenshots.