Gifts

All gifts must be made by credit card on the CoMoGives website (www.CoMoGives.com) between 12:01 a.m. CST 12/1/19, and 11:59:59 p.m. CST 12/31/19, 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 or a donor making an IRA rollover contribution (keep reading). 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.org or call 573-817-5027. Again for 2019: we will accept checks if they are RMD transfers from a qualified IRA retirement account. Such gifts must be designated for only one participating organization and each gift must be a minimum of $500. CFCM is not permitted to split larger RMD or other rollover gifts designated to multiple organizations. CoMoGives does not accept gifts of transferred securities.

Eligibility

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 distinct gift to each organization.

Sharing of Information

Participating nonprofits will receive donor information regarding all donations made to the nonprofit during the campaign. If a donor wishes to give anonymously, that donor may contact the Community Foundation of Central Missouri at 573-817-5027 or email info@cfcmfoundation.org.

Disclosures

The Community Foundation of Central Missouri reserves the right to review all charitable donations and determine their eligibility as qualifying gifts for all CoMoGives Challenge Grants.

Challenge Grants

There will be $17,000 in Challenge Grant funds provided by the Community Foundation of Central Missouri. The nonprofit with the highest amount raised by 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 by the end of the campaign will receive $1,000. The nonprofit participating in CoMoGives for the first time that raises the highest amount by the end of the campaign will receive $1,000. The participating organization who received at least $2,000 in donations during CoMoGives 2018 and has the highest ratio of increase in total donations from the 2018 campaign to the 2019 campaign will receive $1,000. The all-volunteer, no paid staff, organization that raises the highest amount by the end of the campaign will receive $1,000. The organization with a budget of $25,000 or less that raises the highest amount by the end of the campaign will receive $1,000. And the nonprofit raising the highest amount by the end of the campaign that has a fund with the Community Foundation will receive $1,000. Each of the ten categories above will also have a second place winner 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.

Minimum Donation

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.

 

Peer to Peer Campaigns

We encourage supporters of organizations to create their own personal Peer to Peer campaigns in support of their preferred organizations. The campaigns cannot offer alcohol or other potentially dangerous prizes or premiums to Peer to Peer campaign donors or challenge winners.

Tax Deductions

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 donors accordingly. Donors should consult their tax advisors with questions.

Deductions Policy

The Community Foundation of Central Missouri, Commerce Bank, 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 as indicated on their campaign page and other checkout options. Less than 3% is deducted from each donation to cover the actual costs of the credit card transaction and bank processing fees, which were 2.09% for the 2018 campaign.