When a customer makes a donation through the Giving Center, funds are moved to the Financial Institution’s GL or Clearing Account (1-2 days processing). Tax receipts are immediately issued to donors by Spiral Giving Network immediately after a donation is made.
Once the funds have been fully processed, they are transferred to Spiral Giving Network (SGN) and accumulated over time (1-30 days). Donation distributions for each nonprofit organization are processed on a monthly basis in alignment with SGN Terms and Conditions.
SGN grants to Qualifying Charities will be distributed via ACH or mailed check. It may take up to 45 days from the date of the Donor’s contribution to SGN for a grant to be distributed to a Qualifying Charity.