#GivingTuesday is a Success!

Now in its third year, #GivingTuesday is charitable answer to Black Friday or Cyber Monday. #GivingTuesday is a viral push, often by celebrities or individuals with a big social media following, to donate to a charity.

According to an article from The Non Profit Times, donations reached nearly $50 million on December 2nd  — a 45% increase from the previous year. The numbers are estimates from donation processing software, including Blackbaud, DonorPerfect, Network for Good, Razoo, Salsa Labs and Click & Pledge. PayPal hasn’t released their figures yet, but the payment processor pledged to match 1% of donations made through its platform. This was also the first year that crowdfunding website Indiegogo got in on the action.

For more fundraising statistics, check out the full Non Profit Times article here.

See how the PEX Platform and prepaid cards are purpose built to help compliant companies spend to fulfill their mission while maintaining compliance.

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