cfd basics started in 1984 became state law in 2003 moved to office of the secretary of state in...
TRANSCRIPT
CFD Basics
• Started in 1984
• Became state law in 2003
• Moved to Office of the Secretary of State in 2010
• An official part of state business
What…
Washington State Combined Fund Drive 2015 Local Coordinator Training
Facts and Figures
• Raised $120 million since 1984
• $5.2 million in 2014
• One of only four states that give more
than $5 million annually
• Over 4,000 member charities
What…
Washington State Combined Fund Drive 2015 Local Coordinator Training
Ways to
MONTHLY• Employee selects a charity, start
date and amount
• Donation runs until employee cancels or separates from state government
ONE-TIME• Employee selects a charity, pay
date and amount
• Donation is taken out on specified date
LIMITED-TIME• Employee selects a charity, start
and end date and amount
• Donation is taken from each paycheck during specified time
Payroll Contribution
Ways to
CASH• Follow all cash handling
procedures
• Deposit into agency CFD account within 24 hours
CHECKS/MONEY ORDERS• Check must be made out to CFD
• Donor can fill out an individual paper contribution form or volunteer can send checks in a group to CFD office
CREDIT CARD• Register your event with the CFD
office
• Must be treated as a standard fundraiser transfer in CFD system
Fundraising Events
Ways to
SEARCHThe CFD has multiple ways for a donor to search for volunteer opportunities in their area.
LOGDonors can log volunteer hours with any CFD member charity through the search engine or their donation account.
GET RECOGNIZEDAgencies will be rewarded for logging the most volunteer hours at CFD recognition events.
Volunteer Tracker
Benefits to Charity
• It’s FREE to join!!!
• Reduces administrative cost
• Helps charities plan their budgets for the
year to come
• Access to thousands of potential donors
Why…
Washington State Combined Fund Drive 2015 Local Coordinator Training
Benefits to Charity
Why…What it takes to make a buck
The average cost per service it takes to make $1.00 for charity
In 2014, CFD member charities received 95 cents of every dollar pledged to them.
Washington State Combined Fund Drive 2015 Local Coordinator Training
Benefits to Donors
• It’s easy
• It’s safe
• It’s your choice
• It’s tax deductible
• Anonymity
Why…
Washington State Combined Fund Drive 2015 Local Coordinator Training
Why…
3-8%
• $.50 per transaction fee• $500 per keyword• $2,000 annual flat rate• $1,000 set up fee
4-7%
• Up to $20 to process individual checks 5%
How the CFD gets to 5%
CFDNON-SPECIFIED
FUND
PayrollContribution
Agency Fundraisers
CorporateDonations
InterestEarned
OPERATIONALEXPENSES
If there is money left, the remaining funds are disbursed to member charities
If costs remain, administrative fee is charged to member charities
Washington State Combined Fund Drive 2015 Local Coordinator Training
