SPIRE-NetGiver Partnership Delivers Financial Impact to Local Charities
January 19, 2021
Driven by Midwestern Values. We care and we are here to improve lives.
Falcon Heights, MN - SPIRE Credit Union ran the “Give Freely” giving campaign this holiday season, offering a $20,000 match to SPIRE members who used the NetGiver app to support charities of their choice.
During the 21-day campaign, SPIRE members donated a total of $23,883. Through the campaign, SPIRE witnessed the passion and dedication members have for their favorite nonprofit organizations. Because of this, SPIRE raised its match from $20,000 to $23,883, ensuring every donation was matched! The total impact of the campaign was $47,765.
SPIRE has partnered with NetGiver to help charities reduce the fees that they pay on donations. Net Giver is a donation app that allows credit union members to give to charitable causes, with zero fees to organizations or donors. Other payment platforms charge in excess of 7.5% of the transaction, so charities do not receive the full amount of the donation. Throughout 2020, NetGiver collected a total of $242,948 (of which $17,000 would have been lost to fees) from 718 donors, benefitting 351 nonprofits.
“We want people to become aware of the Net Giver app,” said Dan Stoltz, President and CEO of SPIRE Credit Union ”And use it when they do their giving so that deserving charities can receive 100% of the donations given to them.”
About SPIRE Credit Union: A full-service financial institution, proudly serving Minnesota and Wisconsin residents since 1934. SPIRE is committed to providing smart products, great rates and excellent service with a goal to improve the financial lives for both personal and business members. SPIRE has 20 branches throughout Minnesota. To learn more about SPIRE, please visit www.myspire.com.
About NetGiver: NetGiver is an exclusive-to-credit union charitable giving app available to members of participating credit unions. Using NetGiver, members can make donations to any 501(c)(3) nationwide at no cost to them or their charity, directly from their credit union checking account. To learn more, please visit https://www.netgiverapp.com/.