Are you dreading having to manually calculate processing and fundraising
fees to be Standard-M compliant? Andar/360's Standard-M module will do
the calculations for you and prepare the reports you need to conform to
the Standard. Whether you are a processor or a recipient of
pre-processed gifts from another United Way, the Standard-M module will
do the dirty job for you.
Background Information
In late 2004, United Way of
America released the new Standard-M (aka Criterion-M) to formalize the
allowable fee sharing scenarios between United Ways. Standard-M is a
United Way of America membership requirement. It allows fundraising and
processing fees to be allocated between the United Ways involved. For
example: in some cases, a donor works in one United Way's territory [A],
the gift is processed by another United Way [B], and the donor
designates to a third (check-off) United Way [C] (possibly the donor's
home United Way). Processing fees can be charged by the processing
United Way [B] and the check-off United Way [C]. Fundraising fees can be
charged by the processing United Way [B] and the fundraising United Way
[A]. Whenever more than one United Way is involved in a workplace
campaign, the management of fundraising and processing fees quickly
becomes very complex. The purpose of standard-M is to assure the public
that:
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donors are charged no more than the actual cost incurred to process
and transfer gifts,
-
there are no duplicate charges or redundant services assessed to the
donor, and
-
all United Ways have a consistent, fair and understandable methodology
for calculating and recovering fundraising, processing, disbursement,
management and general expenses on designated donations (agency
transactions).
Andar/360 Standard-M
Although Andar can deduct fees
from gifts and handle processor versus check-off United Way, it does not
handle the separate fees for fundraising nor the payout of fees to the
United Way organizations involved. Andar/360's Standard-M module
addresses these issues from the perspective of all United Ways involved
in a campaign. This includes the processing United Way, the fundraising
United Way, as well as the check-off United Way. The module ensures that
as a processing United Way, fees can be deducted up-front for all
processing and fundraising activities in compliance with the standards.
Similarly, when information received by a fundraising United Way from a
processing United Way, Andar/360 ensures that donations are not assessed
additional charges. The Andar/360 Standard-M module also calculates the
fees to be distributed to other United Ways involved in the campaign.
Numerous windows within Andar have been updated to show information from
the perspective of the fundraising, processing, or check-off United
Ways. The reports produced by the module are also compliant with the
requirements of the standard.
