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.
Complete the Direct Deposit Application form
Note:
The signer of this form must be a director or trustee listed in the charity’s T3010 information that is publicly available on the CRA website. Follow these steps to determine whether someone is director or trustee of your charity:
- Access the CRA’s list of charities.
- Enter your charity's name and select it in the search results.
- At the bottom of your charity profile on the CRA website, select the Directors and trustees worksheet found under Additional information.
- The directors or trustees listed on this page should sign direct deposit applications.
There are three ways to complete and 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 hello@charitableimpact.com.
- Complete the Direct Deposit Application form, and mail the form and void cheque to the address below:
CHIMP: Charitable Impact Foundation (Canada)
Attention: Disbursement Services
1500 West Georgia St., Suite 1300
Vancouver, BC V6G 2Z6
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.