Great Fish Community Challenge

Nonprofit Information

Great Fish Label

NONPROFIT INFORMATION


Nonprofits that participate in the Great Fish Community Challange receive 100% of gifts that donors designate for them, as well as a matching grant from Whitefish Community Foundation. Participating nonprofits are responsible for adhering to all Rules & Procedures.

2021 NONPROFIT MEETING SLIDES

2022 Important Dates

The 2022 Great Fish Community Challenge dates will be announced January 27, 2022. Stay tuned for details.

January 27th
2022 Great Fish Community Challenge Informational Meeting
Thursday, January 27
8:30 to 10 a.m.
ONLINE only
Register here

This meeting is mandatory for nonprofits that have never participated in the Great Fish Community Challenge and for those that did not participate in the 2021 Challenge. It is highly recommended that all other nonprofits that plan to apply for the 2022 Challenge attend this meeting.

April 18th – June 2nd
Great Fish Community Challenge Application Period. Applications are submitted online through the Whitefish Community Foundation online portal.

 

Nonprofit FAQ

HOW DO NONPROFITS RAISE FUNDS DURING THE CHALLENGE?

Organizations will invite donors to give through the Great Fish Community Challenge during the giving period of the campaign and to include their organization on the official donor form or through the online donation portal.  Donations MUST be payable to the Whitefish Community Foundation AND be accompanied by an official donor form or made through the online donation portal.  The Community Foundation processes the gifts and acknowledges donors with a tax receipt.  Organizations will receive 100% of the designated gifts. There is a 2.9% to 3.5% fee assessed to credit card gifts only by the processor. Donors have the option to help cover this fee when checking out. At the end of the Challenge, the Foundation calculates a percentage match on the first $20,000 raised by the charity.

IS THERE A FEE TO PARTICIPATE?

No. Organizations must apply to participate but there is no fee to participate.  Whitefish Community Foundation covers all of the costs of the campaign including: advertising, marketing, administration, gift processing, and the Fun Run and Community Celebration on September 11th. Gifts that are made by credit card are assessed the credit card processing fee, currently 2.9% to 3.5%. Gifts made by check, cash, IRA Rollover, and stock gifts are not assessed a fee.

WHAT ARE THE NONPROFITS’ RESPONSIBILITIES?
  • Support and promote your participation in the Great Fish Community Challenge to the public, as well as to your board members, donors, and volunteers.
  • Nonprofits should promote the Challenge through their usual marketing efforts, on their website, and through other public outreach opportunities.
  • Developing special events to raise funds specifically for the Great Fish Community Challenge is prohibited. The idea behind the Great Fish Community Challenge is to cut down on fundraising expenses and events not add to it.
  • Host a booth at the Great Fish Community Challenge Fun Run and Community Celebration on September 11, 2021.
  • Be willing to serve on one of the many event committees.
  • Write personal thank you notes to your donors who make donations to your organization through the Great Fish Community Challenge.
WHAT ARE THE COMMUNITY FOUNDATION’S RESPONSIBILITIES?
  • Receive and process all gifts made through the Challenge on behalf of the nonprofit and provide a tax receipt to the donor.
  • Provide marketing and public relations support to create community awareness of the Great Fish Community Challenge.
  • Include the participating nonprofits’ Use of Funds statement in its printed materials.
  • Solicit contributors to the match pool, known as the Great Fish Match Fund.
  • Oversee the Great Fish Community Challenge Fun Run and Community Celebration.
HOW ARE THE FUNDS DISTRIBUTED?

All eligible contributions are passed on to participating organizations that the donors designate (subject to the Whitefish Community Foundation Variance Power), along with a percentage match on the first $20,000 raised on their behalf. Each participating nonprofit will have a designated fund at the Community Foundation where funds will accumulate for your organization. You will receive login information in order to access your fund balance and view the names and addresses of donors who have contributed to your fund.

YOUR FUND WITH THE COMMUNITY FOUNDATION.

Each nonprofit will have its own fund with the Foundation and 24/7 online access to that fund.  Nonprofits can access the online portal by clicking here.  Once logged in, nonprofits will be able to monitor donations throughout the campaign and write personal thank you notes to donors. Do not send a tax receipt. The Whitefish Community Foundation receives all donations and will send tax receipts.

UNDERSTAND THE RULES FOR PARTICIPATING.
WHERE ARE THE POP-UP DONATION STATIONS?

Stay tuned for 2022 information.

 

MARKETING FAQ.

Please read this document carefully regarding best practices for marketing your participation in the Great Fish Community Challenge.

 

2021 IMPORTANT APPLICATION INFORMATION

UPDATE YOUR GUIDESTAR


You will need to have a Guidestar Profile of at least Bronze Level to participate. Levels of participation expire on Guidestar so be sure to double check your organization’s profile is current.

UPLOAD YOUR 2019 990


Returning nonprofits must upload their 2019 signed, and filed Form 990 or 990-EZ when applying for participation. Nonprofits applying for the first time will not be required to submit a Form 990 or 990-EZ.

Determine your use of funds


Organizations must designate how they will spend funds raised during the campaign. Gifts received during the campaign must be allocated to your Primary and/or Secondary Use of Funds.

PREPARE FINANCIAL REPORTS


You will need to submit a Project or Program Budget, a Budget vs. Actual P&L Statement for the most recently completed fiscal year, and a two-year comparative Balance Sheet. Make sure your net income on your P&L matches your Balance Sheet.

2021 fine print & variance power

The Fine Print

  • *All donations are subject to the Community Foundation‘s variance power.
  • To ensure your gift is fully tax deductible, you may not receive any goods or services in return for your contribution.
  • Whitefish Community Foundation is a 501(c)3 Nonprofit Corporation, EIN#81-0533002.

*Variance Power.  Donations to the Great Fish Community Challenge are subject to the variance power described in Treas. Reg. Sec. 1.170.A-9(f)(11)(v)(B)(1), as amended from time to time. Pursuant to the variance power, the Whitefish Community Foundation Board of Directors shall have the power to modify any restriction or condition on the distribution of funds for any specified charitable purpose or to specified organizations, if in their sole judgment (without the approval of any advisor, trustee, custodian, or agent) such restriction or condition becomes, in effect, unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the Community Foundation.