Everything you need to know about lockboxes, banks, and gift processors.
About the Webinar
Have you ever wondered if it would be better to process your donations using a bank or lockbox provider?
Our hosts, Nic Prenger and Andy Schroeder, are experts at the ins-and-outs of gift processing. Together, they’ve helped nonprofit organizations large and small outsource their gift processing, and, in a few cases, bring that processing back in-house.
Choosing the best strategy for your nonprofit can be a complicated decision. Finding the right solution depends on the volume and pace of gifts received, your staff size, your budget, the turnaround time you require, and the capabilities of third-party processors and banks in your geographic area.
Watch and learn:
• The types of gift processing services offered by lockbox providers and financial institutions.
• Areas where gift-processing vendors typically over-promise and under-deliver
• How it works to have an outside vendor process your gifts and what it typically costs
• New technologies that can help nonprofits who choose to process gifts internally
• Practical advice on a topic that is rarely explored
Register to Watch
Meet Your Hosts
Andy Schroeder, MBA Vice President of Digital Services
As a former major and planned gift officer, Andy provides clients real-world examples of how moves management creates meaningful donor relationships. Andy also brings extensive knowledge of Blackbaud Raiser’s Edge and helps clients leverage their CRM to enhance fundraising and stewardship efforts.
Nic Prenger, J.D. Founder/CEO
Nic Prenger founded Prenger Solutions Group in 2018 to help nonprofits modernize their communications and fundraising. He is passionate about using technology to help nonprofits raise more money with fewer headaches – a passion shared by each and every member of the PSG team. A former prosecutor, Nic worked for the U.S. Senate Finance Committee in Washington, D.C., and the U.S. Attorney’s Office for the Southern District of Iowa. He also served on the national advisory board for the National Catholic Education Association.