The two most common uses for BoostMySchool are one-time campaigns and long-term funds.
Examples of one-time campaigns
Class milestone gifts (e.g. Class of 1992 25th year anniversary), holiday campaigns, beginning or end of school-year campaigns, giving days.
Examples of long-term funds
Annual funds, school renovation projects.
One of the main benefits of BoostMySchool is that we aggregate donations across all of your campaigns and funds. Regardless of which causes a donor has given to, it is easy to find the total amount that donor has given to your organization (great for year-end tax-receipts).
What do I need to sign up?
Just your name, email, and school on our sign up page! A member of the BoostMySchool Fundraising Team will reach out with next steps to set up an account.
When you want to transfer donations raised on BoostMySchool to your bank account, we will provide you with a secure link to enter in information as required by Stripe, our payment provider. See Stripe’s Connected Account Agreement for more details. Transfers arrive in your bank account 1-2 business days after the transfer is initiated.
At this moment, we require all users accepting donations to be affiliated with a registered 501(c)(3) organization.
How much does BoostMySchool cost?
BoostMySchool charges a one-time setup fee – which is dependent on the school – and an online processing fee for on donations collected through our payment processor. Donations raised outside of BoostMySchool can be added to the site for no additional charge.
BoostMySchool charges a 5% fee on credit and debit card transactions and a 2% fee on bank account transactions, in order to best serve schools in support of their online fundraising. Our fees are the much less than the fees that popular crowdfunding sites like GoFundMe (8% fee) and Razoo (7% fee) charge.
In addition, on our check-out page, there is an option for donors to cover the BoostMySchool fee, which they do 70% of the time!
See the following case study on BoostMySchool costs, based on a real user: (details hidden for privacy reasons)
Case study: Donations to High School Alumni Association in 2016
Donations raised on BoostMySchool: $20,000
Donations raised outside of BoostMySchool: $15,000
Total donations ($15,000 + $25,000): $35,000
Fees from the 30% of donors who did not cover the fee: $300