Set up direct deposit for your charity
Direct deposit is the fastest way for charities to receive funds from Charitable Impact. Funds are disbursed to charities on direct deposit every Wednesday for gifts sent by donors before 6:00 pm (PT) on the preceding Tuesday.
This feature is currently only available on the web, and is not yet available on the mobile app.
To set up direct deposit:
- Complete the Direct Deposit Application form. There are three ways to submit this form:
- Complete and submit the form online using Docusign.
- Complete the Direct Deposit Application form and attach your void cheque in an email to firstname.lastname@example.org.
- Complete the Direct Deposit Application form, and mail the form and void cheque to the address below:
Attn: Disbursement Services
Suite 1250 - 1500 West Georgia Street
Required documents to send us
Please include a void cheque with your organization’s address in the top left-hand corner. For security purposes, Charitable Impact cannot accept void cheques with hand-written addresses. If you don’t have a cheque with your charity’s printed mailing address, include a direct deposit form or account verification form from your financial institution.
When is direct deposit activated?
Charitable Impact will activate direct deposit for your charity once we receive your direct deposit application form along with the required documents above. The Donor Experience team will be in touch as soon as direct deposit has been activated.