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pahs1994
02-01-2008, 12:02 PM
ok i took this from another sub-forum on here:



These are the major category expenses from the 4th Quarter FEC report for the RPPCC (taken from the raw FEC data files and then sucked into a DB and totaled.)



Bulk Mail Printing/Processing/Postage ........ 4,329,007.44
Radio Spot Expense ........................... 3,092,519.89
Television Spot Expense/Production ........... 2,192,292.56
Telecommunications ........................... 1,514,587.03
Television Spot Expense ........................ 906,702.32
Salaries ....................................... 532,929.25
Credit Card Contributions Processing Fee ....... 483,249.47
Signs/Sign Supplies ............................ 451,796.19
Payroll Tax Expense ............................ 394,600.75
Airline Travel ................................. 380,840.50
Reimbursement Expenses ......................... 328,504.73
Consulting-Political Field Work ................ 320,851.92
Campaign Shirts ................................ 247,442.55
Freight/Shipping Expenses ...................... 220,911.91
List Rental/Purchase ........................... 220,046.04
Freight ........................................ 206,369.07
Bulk Printing-Slim Jims ........................ 202,890.00
Bulk Mail Postage\Processing ................... 200,020.99
Bulk Printing .................................. 160,250.28
Campaign Buttons/Stickers/Etc .................. 125,910.00
-----------------------------------------------------------
TOTAL ....................................... 16,511,722.89





Now my concern is that when we donate multiple times on a money bomb day, is that jacking up the credit card processing fee? or is that a standard fee because we get alot of $ in donations? maybe it is better to donate in one big sum? maybe someone here works for a credit card company and can help?

anyways i am not going to tell anyone how they should donate. i know alot of people like to donate several times in a day, that is cool. but if it is true about higher costs maybe we should atleast think about giving 2 donations of $50 instead of 4 of $25, or give it all at once

pacelli
02-01-2008, 12:04 PM
Yes, it is jacking up the processing fee if you donate multiple times. One big sum is a better option to save the campaign processing fees.

MJfromCT
02-01-2008, 01:25 PM
The cost per transaction is negligible and only looks large when seen as a sum. The campaign is more than happy to receive multiple donations barring it is not less than $2.00 or whatever number impacts them negatively. A one time donation of $2,300 is optimum, however the campaign will be basically as grateful if you donated $2,300 with 10 donations. Figure the 10 donations have an average of $230.00 then multiply that by 3%(credit card processing fee)=$6.90 is lost from your donation multiply by 10=$69.00. $2231.00 is the amount the campaign has use of in this scenario, so it is not a big deal.

Aldanga
02-01-2008, 01:29 PM
I use paypal with a direct transfer from my checking account.

AisA1787
02-01-2008, 01:32 PM
ok i took this from another sub-forum on here:





Now my concern is that when we donate multiple times on a money bomb day, is that jacking up the credit card processing fee? or is that a standard fee because we get alot of $ in donations? maybe it is better to donate in one big sum? maybe someone here works for a credit card company and can help?

anyways i am not going to tell anyone how they should donate. i know alot of people like to donate several times in a day, that is cool. but if it is true about higher costs maybe we should atleast think about giving 2 donations of $50 instead of 4 of $25, or give it all at once


As long as the campaign was smart and signed a deal where they pay a simple percentage per transaction (i.e. 2.9% or whatever) then it shouldn't matter at all. If they signed a poor merchant agreement that includes a flat rate per transaction plus a percentage of the transaction (i.e., $0.30 per transaction plus 2.9%) then multiple donations would have a small negative effect compared to one large donation. But even if you reached your limit of $2300 in $100 installments, and they charged $0.30 per transaction plus percentage, you would only be paying $6.90 for the flat rate part of the transaction fee. So basically it's not a big deal whether you donate in relatively small amounts or one lump sum. Just don't donate in $0.50 increments :D

WilliamC
02-01-2008, 01:35 PM
Any donation is better than no donation.

One big one is better than several little ones.

pahs1994
02-01-2008, 01:56 PM
yea i guess you guys are right. it isn't that big of a deal. seeing almost $500,000 going to the credit company kinda sucks though. but compared to sending a check i think i remember a RP video with him saying that the costs involved with contributions in the mail is worse than online anyways