Givzey Launches Give Now, Pay Later Solution for Nonprofit Events

Credit: Givezy

Givzey, fundraising’s first flexible giving and patent-pending Give Now, Pay Later (GNPL) solution, launched a new offering that every nonprofit can put to use, immediately. Introducing Give Now, Pay Later for events from Givzey.

From small community affairs to large annual galas, events help nonprofit organizations spread awareness, find new donors, and secure gifts from current donors. But events take significant resources – both financial and human – to run successfully. Much of the financial burden is then passed onto donors by way of ticket prices. Add a fundraising component on top, and suddenly there’s an inherent barrier to entry that excludes some of your most important supporters and community members.

“Across the nonprofit sector, we’ve seen such a loud call for greater diversity, equity, and inclusion. Many events and activities, however, are cost-prohibitive and don’t fulfill the financial or inclusive intentions of the organizations,” said Adam Martel, founder and CEO of Givzey. “Givzey believes flexible giving options can empower new donors and supporters to have deeper engagement with the causes that they are most loyal to. It’s our hope that Give Now, Pay Later gives access and exposure to all donors who want to engage with these organizations working to change the world.”

Givzey’s GNPL for events changes this dynamic by empowering donors to match their financial values with their philanthropic values. Give Now, Pay Later for nonprofit events means that donors can purchase a ticket now, pay over time, and your organization receives all ticket and donation revenue upfront.

Givzey’s Give Now, Pay Later for events is already being used in the following ways:

Give Now, Pay Later for Gala Tickets

Many higher education institutions and independent schools have trouble attracting young alumni and young donors to annual galas or formal events and must balance pricing discounts with giving revenue goals. Givzey changes this dynamic by lowering the cost of entry without impacting revenue, and empowering anyone to pay for their admission or a table with the flexibility of Give Now, Pay Later.

Give Now, Pay Later for Auctions

Live and silent auctions are fixtures at fundraising events. But bidding often stalls when the perceived value of an item conflicts with what a donor is willing to pay on their next credit card statement. Give Now, Pay Later through Givzey empowers donors to spread those payments over time – without fees or interest, significantly expanding their bidding capacity..

Give Now, Pay Later for Golf Tournaments

Golf Tournaments are an effective way to bring together a community, cultivate prospects, and expand your reach into your existing donors’ own networks. But, funding a foursome, calling out of work for the day, and keeping it on the short stuff is a lot to juggle. Give Now, Pay Later with Givzey helps donors ease the financial burden of a golf tournament and opens entry to a more diverse crowd.

Givzey’s patent-pending Give Now Pay Later (GNPL) solution empowers donors to give to nonprofit organizations now, and pay in interest-free installments with zero fees. Donors’ credit scores are never run (hard or soft) and never impacted, because of Givzey’s patent-pending PHILO Score. Through Givzey, nonprofit organizations receive their full gift up-front and never have to worry about lost pledges or a donor defaulting. Donors, meanwhile, are usually inclined to give more and more often with GNPL, because smaller payments are in line with monthly budgets.

Source: Givezy

The preceding press release was provided by a company unaffiliated with NonProfit PRO. The views expressed within do not directly reflect the thoughts or opinions of the staff of NonProfit PRO.