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The Toronto Weekend to End Women's Cancers -> General Discussion -> Can donations be transferred to another team member?
Post Info TOPIC: Can donations be transferred to another team member?
awalker2010


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Can donations be transferred to another team member?
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Hello all,

I have a question regarding donations. My mom, a fellow team member isn't sure if she's going to be able to walk this year. In the event that she doesn't walk, is it possible for her to transfer some of her submitted donations to me, if say, I don't raise the minimum donation of $2000 to be eligible to walk?

Thank you in advance for your responses,

Lee,
(a total newbie!)





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Joseph


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no chance of that happening

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awalker2010


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Really, no chance at all??

We are helping each other raise funds. I'm trying to get in touch with my 'trainer-coach,' to ask her about this, but she hasn't gotten back to me. Must be a busy time of the year!



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Ashley Costa


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Hi,

Joseph is right... they will not transfer the funds onto your account from your mother's account.
As soon as monies are put online, they are given 'away' so they cannot relocate the money your mom raised.



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Ashley Costa   /    ac_144@hotmail.com    / 5th year walker
awalker2010


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Ok,

Thanks again to both of you for your responses.

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CarolynCL


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Your best bet here is to put aside any donations that the two of you do not need to allocate right away. So, put all monies raised through bake sales, garage sales and other fundraisers into a separate tracking account (either a separate bank account, or just keep good records on your own).

Only submit immediately into the system the donations that you get from individuals (as they will need to get their tax receipts). If you know that you will do the walk for sure, then I would submit all of those donations into your account - until you reach your $2,000... then you can get to work on getting donations into your mother's fundraising account.

At the end of the fundraising period you will be able to submit the pool of donations that you have been reserving into whoever's account is in need of the donations (and you will have the flexibility to split it up in whatever way you wish - e.g. 100% to one account or some split: 60%/40%, 70%/30%, etc.).

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Weekend to End Women's Cancers - Crew Member - Camp Concierge 2009 and Caboose 2010
Ride to Conquer Cancer - Rider - 2008, 2009, 2010 and registered for 2011
awalker2010


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Thanks for your advice Carolyn!

This is an excellent way of sharing funds to ensure we both meet our fundraising goals and can participate in the walk.

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