All gifts must be made by credit card on the CoMoGives website (www.CoMoGives.com) between 12:01 a.m. on December 1, 2016, and 11:59:59 p.m. CST on December 31, 2016, to be eligible for the CoMoGives campaign. Only MasterCard, Visa, AMEX, and Discover donations will be accepted for CoMoGives. Gifts of cash or checks are not acceptable unless they are from a donor’s employer providing a matching gift. If a company writes a matching gift check it must be postmarked on or before December 31 to be counted in Challenge Grant totals. If a donor wishes to make a gift and cannot do so online, the donor should email info@cfcmfoundation or call 573-817-5027.
To be eligible for CoMoGives, all gifts must be made by donors. A donor is defined as an individual, foundation, or business entity. Participating organizations are prohibited from donating to themselves, although board members or staff are encouraged to make personal donations.
Definitions of Gift
Challenge grants are based on unique gifts designated to particular organizations through CoMoGives. A unique gift is defined as one gift to one organization from one donor. Multiple gifts made by the same donor to the same organization will be counted as a single gift to that organization for Challenge grants dependent on unique donors. Donors may give to multiple organizations through the shopping cart with one online transaction, and each individual donation counts as a unique gift to each organization.
Sharing of Information
Participating nonprofits will receive donor information regarding all donations made to the nonpofit during the campaign unless a donor has requested to remain anonymous.
There will be $12,500 in Challenge Grant funds provided by the Community Foundation of Central Missouri. The nonprofit with the highest amount raised at the end of the campaign will receive an additional $1,000 grant. The nonprofit with the highest number of individual (non-repeated) donors will receive $2,000. The nonprofit with the highest number of donors under age 35 will receive $2,000. The nonprofit with the most donations $250 and over will receive $1,000. The nonprofit not providing premiums that raises the highest amount at the end of the campaign will receive $1,000. The nonprofit participating in CoMoGives for the first time that raises the highest amount at the end of the campaign will receive $1,000. And the all-volunteer, no paid staff, organization that raises the highest amount at the end of the campaign will receive $1,000. Each of the seven categories above will also have a second place winner, each receiving a $500 grant. These awards will be added to the nonprofit donation totals at the end of the campaign. Nonprofits are limited to one Challenge Grant per organization.
The minimum gift that will be accepted for CoMoGives Challenge Grants is $10. Donors are encouraged to make gifts of $25 or more to multiple organizations of their choice.
Each gift is 100% tax deductible and irrevocable. Unless otherwise noted, all gifts are unrestricted. Organizations providing premiums are to declare the value of the premiums to their donors and send notice to the donor accordingly. Donors should consult their tax advisors with questions.
Commerce Trust Company, MayeCreate Design, the Columbia Daily Tribune, KOMU-8, and Cumulus Broadcasting do not receive any portion of CoMoGives donations. The Community Foundation does receive donations designated to the Foundation during CoMoGives. Less than 3% (varies with size of gift) is deducted from each donation to cover the actual costs of the credit card transaction and bank processing fees.