How does it work?
- Your non-profit organization fills out a Non-Profit Fundraiser Program Participation Form and submits it to a representative at a Kinecta Member Service Center. A Kinecta representative will follow up.
- When members, employees, friends, and supporters open a new Kinecta account, they tell a Kinecta representative that they want to support your organization. Existing Kinecta accounts qualify as well!
Which organizations qualify?
All organizations recognized by the Internal Revenue Service as non-profit can apply for participation in the Fundraiser Program.1 Some examples include: PTAs; religious, alumni, and youth sports organizations; and local/union groups.
When do we receive our donation?
Based on the total balance of the accounts linked to your organization at the end of each calendar year, Kinecta will make a donation to your non-profit organization in the first half of the following year.
Where can our members, employees, and supporters open accounts?
Kinecta has several convenient member service centers throughout Southern California. Click here for locations.
How can my organization help raise funds?
- Distribute flyers to your members, employees, friends, and supporters
- Write about it in your newsletter
- Post it on your Web site
- Personalize the program for your organization
How exactly is the money raised?
Savings, Share Certificates, and Money Market accounts generate $100 per $100,000, based on an annualized term on the average balance maintained in the account. Checking accounts generate $1,000 per $100,000, based on an annualized term on the average monthly balance maintained in the account.
To qualify, Share Certificates must be opened by December 1 of the qualifying year; Money Market, Checking, and Savings accounts must be open for at least 90 days before they are eligible for donation credit. Participants must also have a checking account to be eligible for donation award. There is a maximum annual donation limit of $10,000 per organization.
Accounts opened for less than one year will be prorated. Accounts closed on or before December 31 are ineligible.
The organization must have a minimum of $100,000 worth of aggregate deposits tied to the organization before a donation is granted.
Your employees and supporters can take advantage of all the benefits of Kinecta membership while raising funds to support your organization.
Click here and submit a fundraiser program participation form today!
1Organization eligibility for the Non-Profit Fundraiser Program is subject to the approval and discretion of Kinecta Federal Credit Union.