To participate in this program an approved non-profit, charity or organization must sign up in the Clubvivanet downline ($9.95 cost per month), and prepay for 100 VivaFundraiser Cash Cards at $10.00 per card for a total of $1,000. This creates an environment of co-creating the fund raising project between the non-profit and Clubvivanet.
The regular cost of the VivaFundraiser Cash Cards is $19.95 so the non-profit can sell these first 100 cards to their membership or supporters to cover the cost of the set up and administration fee of $1,000.
Once the program is launched the non-profit, charity or organization will receive $1.00 per month from the monthly fees associated with the VivaFundraiser Debit Card, for every debit card distributed in which the purchaser designates that organization as the recipient of this money from that particular debit card.
Every purchaser of every VivaFundraiser Debit Card anywhere in the world must choose one of the non-profits, charities or organizations from Clubvivanet’s list who will receive this $1.00 per month per card. In some marketing programs the choice may be left up to Clubvivanet. In these instances the monthly donation will be spread among the participating organizations in an equitable and fair way.
Imagine the funding mechanism this could produce for organizations worldwide! If only 1,000 VivaFundraiser Cash Cards users designated that non-profit it would automatically receive $1.00 every month per card or $1,000 per month. What about 10,000 Cash Cards for that non-profit – or 100,000 of them? $25 Billion Dollars was collected in credit and debit card fees in 2004. It’s time to create a new paradigm for where these normal monthly fees go to, which is what we are now doing with the VivaFundraiser Cash Card.