What happens after I launch my fundraiser and start receiving donations?
Once you have received your first donation, you will be prompted to complete the bank account form. You must have your bank account information added within 30 days of receiving your first donation. Otherwise, your fundraiser may be prevented from receiving further donations.
You will be asked for:
- Last four digits of the funds recipient's social security number
- Address assoicated with the bank account
- Bank account number
- Routing number
I have a nonprofit or other organization and my name isn't on the account. What do I do?
If you are raising funds on behalf of a nonprofit organization, it's very possible that the name on your bank account is the organization's name, and not the name of an individual. In this case, we recommend continuing to add the organization's bank information to the bank form, since you're raising funds for them.
Please note: you will also still need to enter the funds recipient's SSN, and they will need to be verified. Even if you have an EIN, you must enter the recipient's SSN.
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