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What is a flat donation?

What is a flat donation?

A donation is simply an outright contribution to a fundraising campaign. For example, a baseball fan can make a one-time flat donation to his favorite baseball team. One-time flat donations are processed immediately.

Is Apex Fun Run Tax deductible?

Is my donation tax deductible? All donations are made to each school or their PTO/A groups and not Apex, and can be written off as a tax deduction in most cases.

How much money does Apex Fun Run Keep?

In the Apex Fun Run model, teachers keep 10 percent of what their students earn, Barnhart says. Of the pledges collected, 48 percent goes to the franchisee to cover the costs of producing the run and leadership training component, and the school receives the other 52 percent.

What is fun run boosterthon?

The Boosterthon Fun Run is a fundraising company designed for America’s top schools. Since 2001, Boosterthon’s taught millions of students across the nation about the importance of fitness, leadership, and character while helping schools raise needed funds.

What’s the difference between a pledge and a donation?

But the big difference between a donation and a pledge is the timing. A donation describes the immediate exchange of money or goods from a donor. A pledge is the promised exchange of money or goods from a donor. A pledge results in a donation eventually, just not right away.

What percentage does 99Pledges take?

99Pledges is a FREE platform, so why not raise more and make things easier for everyone? You’re only responsible for the standard credit card fee of 2.9% + $0.30 cents per transaction. This fee goes directly to the credit card companies and allows us to make sure all donations are secure.

How long is a boosterthon lap?

How big is the track? Yes, even kindergarteners! The Fun Run track is about 1/16th of a mile, 1/4 the size of a normal high school track.

What is Apex Fun Run?

Apex Fun Run is an innovator in the fundraising industry. Apex Fun Run offers a 2-week hassle-free fundraiser promoting fitness and leadership for elementary schools. Apex also offers a leadership only program, a middle schools program and an Anython program that allows fundraisers for all other organizations/teams.

How long is an apex fun run lap?

26-36 laps
Parents and community members are invited to watch the run and be part of the fun! In the 45 minutes, most students run for 26-36 laps (36 max). As the Fun Run ends, students are back in class within the hour.

What are the apex prizes?

1st. $500,000.

  • 2nd. $300,000.
  • 3rd. $200,000.
  • 4th. $160,000.
  • 5th. $120,000.
  • 6th. $90,000.
  • 7th. $72,000.
  • 8th. $60,000.
  • Are boosterthon donations tax deductible?

    Your donations will be tax deductible. If your school has an online payment option and you pay online, a receipt will be emailed to the email on file after the transaction. Any donation less than $250 does not require a voided check or a letter from the charitable organization being donated to.

    What does a flat pledge mean?

    Simple Donation means that you pledge to pay a flat amount regardless of how many laps your student runs. For example, you can pledge $1 per lap or pledge $30 no matter what. The awards are given to each student based on the pledge per lap amount raised.

    How are flat rates different from other services?

    Electricity. A flat rate for electricity is different from that for other services. An electric utility that charges a flat rate for electricity does not charge different rates based upon the demand that the customer places on the system. A customer pays the same amount whether they use the electricity in bursts during mid-day,…

    Which is the best definition of flat rate?

    A flat fee, also referred to as a flat rate or a linear rate refers to a pricing structure that charges a single fixed fee for a service, regardless of usage. Less commonly, the term may refer to a rate that does not vary with usage or time of use. 1 Advantages.

    What does flat rate mean for package delivery?

    Parcel/document delivery. In dealing with the shipping of parcels and documents, a “flat rate for international deliveries of packet size #1” would mean that the same shipping charge (for example US$15.00) would be applicable to all packets of this size, regardless of their designated destination (country of recipient),…

    When to use a flat rate pricing structure?

    Flat rate pricing can also work well for companies with a narrow product and a single buyer persona. In this situation, a flat rate pricing structure frees founders to focus on monetization, acquisition, and retention instead of tailoring the pricing strategy to diverse personas that don’t yet exist.