What will Lose-Win Situation do for our charity?
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List your charity on this website under “Charities,” thereby
enabling the Charity to have funds raised for it through the weight loss of the
dieters who select it. |
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Enable your Charity to monitor its dieters and sponsors through the Lose-Win Situation website and to monitor the funds pledged and paid. |
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Include a Lose-Win Situation website link to your charity’s website. |
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Provide your charity with a free customized animated Flash ad which will include an embedded link to the Lose-Win Situation website. |
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Feature your charity on the Lose-Win Situation website as the homepage “Featured Charity” at some point in the future. |
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Handle all matters related to the billing of sponsors of dieters supporting your charity. |
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Each month deliver to your charity all the checks received from sponsor of dieters supporting your charity. In addition you will receive one check from Lose-Win Situation covering all your charity’s credit card transactions settled during the past month. |
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How do we monitor the funds raised by our dieters and sponsors?
Log in to your account to see a listing of your dieters and the accumulated totals of dollars pledged and dollars paid by their sponsors.
To whom do our dieters’ sponsors make their checks payable?
To your charity.
Where are the sponsors’ credit card donations deposited?
Into the Lose-Win Situation merchant account.
Does the entire amount of the sponsor’s donation get deposited?
The entire amount of the donation is deposited for American Express and Discover charges. For Visa and MasterCard charges their Discount rate reduces the amount deposited. At the end of the month a Discover Discount rate is applied to the amount deposited during the month.
Does Lose-Win Situation hold any of amount deposited?
No. Lose-Win Situation sends 100% of the net of the deposited amounts to your charity by mailing a Lose-Win Situation check for their sum.
How does Lose-Win Situation make money?
By having the participating charities pay us a percentage of the funds raised.
What is the percentage Lose-Win Situation is paid?
Lose-Win Situation is dedicated to motivating dieters (who are not
charged for our unique weight loss motivation service) and helping raise funds
for worthy charitable organizations. Accordingly, Lose-Win Situation is very
generous and magnanimous. Lose-Win Situation requests less than a third of what
many fundraisers and fundraising organizations are paid and significantly less
than the guidelines established by the Better Business Bureau Wise Giving Alliance.
When will we receive the funds?
Monthly, after the end of the calendar month.
How do we know the Lose-Win Situation check covering the monthly credit card payments is accurate?
Lose-Win Situation will also send you the Authorize.Net statement for the calendar month showing all settled credit card transactions for your charity. Authorize.Net is the IP Transaction Gateway used by Lose-Win Situation.
What must we do in return?
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Provide Lose-Win Situation with two monthly Charity update letters on Charity letterhead, one addressed “Dear Lose-Win Situation Dieter” and one addressed “Dear Lose-Win Situation Sponsor.” |
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Pay the monthly invoice which is based on the percentage specified in your contract. |
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