US Bank makes easy for Min­nesotans to ‘Give to the Max’

The Pak Banker - - Front Page -


As Min­nesota non­prof­its and schools gear up for GiveMN's Give to the Max Day on Novem­ber 15, would-be donors should know that more of their dol­lars will go to the non­profit and school of their choice, thanks to a part­ner­ship with Min­neapo­lis-based U.S. Bank.

In Oc­to­ber 2010, U.S. Bank part­nered with Ra­zoo - the com­pany that pow­ers GiveMN's ro­bust on­line do­na­tion plat­form - to process all do­na­tions made through Ra­zoo at a dis­count. The bank also waived se­lect card pro­cess­ing fees. The dis­counts al­low more do­na­tion dol­lars to make their way to non­prof­its and schools. In fact, since the start of U.S. Bank's re­la­tion­ship with Ra­zoo, nearly $183,000 has been saved -- money that has gone to the non­prof­its Ra­zoo sup­ports, in­clud­ing GiveMN. The cost sav­ings is par­tic­u­larly im­por­tant to GiveMN, which was cre­ated to trans­form phi­lan­thropy in Min­nesota by grow­ing over­all giv­ing and mov­ing more of it on­line. Through its en­gag­ing web plat­form launched in Novem­ber 2009, GiveMN helps non­profit or­ga­ni­za­tions and schools of all sizes reach new donors, in­creases giv­ing through fun and en­gag­ing cam­paigns and sig­nif­i­cantly re­duces over­all fundrais­ing costs. The im­pact of U.S. Bank's part­ner­ship with Ra­zoo is much greater than the cost sav­ings, said Dana Nel­son, ex­ec­u­tive di­rec­tor of GiveMN. GiveMN was launched to take on­line giv­ing to scale in Min­nesota.

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