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Pricing and Costs of Text-Message Fund-Raising Services

August 12, 2010, 10:00 am

Mobile giving may be the latest fund-raising tool for nonprofits seeking an easy and efficient way to raise money, but it doesn’t come without start-up and maintenance costs.

Jason Dick, a college fund raiser, writes on his A Small Change blog about the prices charged by an array of providers. Some require an application process and sign-up fees of $500 to $1,000. Some have monthly fee packages, from $49 to $1,500, and transaction fees for each text message.

1. mGive: $500 sign-up fee; $400 to $1,500 monthly fee; $0.35 plus 3.5 percent per transaction.

2. MobileCause: $350 sign-up fee; $100 to $250 monthly fee; $0.50 per transaction.

3. Give by Cell: waived sign-up fee; $49 monthly fee; $0.48 per transaction.

4. g8wave: $350 sign-up fee; $350 monthly fee; $0 to $0.35 per transaction.

5. iLoop Mobile: $1,000 sign-up fee; $500 monthly fee; no information about the per-transaction fee is provided.

Missing providers on the chart include Give on the Go, MPower Giving, and Mobile Commons.

With such a big range in costs, it may not hurt to shop around.

Have you used these providers before? What was your experience like?

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0 Responses to Pricing and Costs of Text-Message Fund-Raising Services

mobilegive - August 17, 2010 at 2:07 pm

Thanks for the post, Raymond. I’ve been working with MobileCause for 2 years (one of the founding ASPs with the Mobile Giving Foundation) and they have never charged a sign-up fee. The $350 is the standard application fee charged by the Mobile Giving Foundation and clients pay that directly to MGF.Hope this helps!steve@mobilegive.ushttp://mobilegive.us