Donors continue to seek online tools to maximize their giving. National Philanthropic Trust\u2019s (NPT) donor portal provides many ways for donors to manage their donor-advised fund (DAF) account online.<\/p>\n
NPT provides the option for donors to make credit card contributions to their DAFs via the portal. Contributing to a DAF with a credit card is especially convenient at the end of the year when donors wish to make a tax-deductible gift before the December 31st<\/sup> deadline.<\/p>\n NPT\u2019s Chief Technology Officer Christopher Adams explains how the process works and when you might want to take advantage of this giving option:<\/p>\n Q: When did NPT\u00a0begin offering\u00a0donors the option to contribute to their DAFs by credit card?\u00a0<\/strong><\/p>\n A: As online giving has increased and become an industry standard, NPT introduced this option during the 2018 Giving Season to provide donors with another way to make a contribution.<\/p>\n Q: Why would donors want to make a credit card contribution?<\/strong><\/p>\n A: It\u2019s a great option for anyone looking for an efficient, online way to add funds to a DAF. Your contribution is processed immediately. The funds are invested according to your allocation strategy and are available the same day for grantmaking. A gift receipt is emailed directly to the donor at the time of the contribution.<\/p>\n Q: Where can donors go to make credit card contributions? <\/strong><\/p>\n A: Once logged in to the NPT donor portal,\u00a0donors can contribute with a credit card from the Contributions page. Look for the blue button with the words \u201cContribute with Credit Card,\u201d<\/em> then follow the prompts. Donors will repeat this process each time they make a credit card contribution, as NPT values your security and will not store your credit card information.<\/p>\n Q: What do donors need to know about fees?\u00a0<\/strong><\/p>\n A: A credit card processing fee of 3 percent is charged at the time of the contribution. Donors who make a contribution to their existing DAF account of $1,000, for instance, would receive a $1,000 charitable gift tax receipt. However, after the 3 percent processing fee, $970 would be added to the DAF balance \u2014 which would be immediately available to grant to charities. Donors also have the option to cover the 3% fee by checking the box beneath the Gift Amount field.<\/p><\/blockquote>\n .<\/span><\/p>\n Blog updated December 2023<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" This Q&A with NPT’s VP of Technology answers commonly asked questions about making credit card contributions to a donor-advised fund. <\/p>\n","protected":false},"author":4,"featured_media":4108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"_has_post_settings":[],"footnotes":""},"categories":[48,44,30,43],"tags":[],"hashtags":[],"class_list":["post-4129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alerts","category-news-for-donors","category-philanthropist","category-trends-in-philanthropy"],"acf":[],"yoast_head":"\n