We like chatting about all the fabulous ways to spend final gift collection funds. Today, we want to focus on the four main ways Inlu Gift Collection funds are pooled and sent.
(As the Gift Collection Organizer, you can choose how to handle your Gift Collection Funds)…
1. Consolidate and Send
Simply coordinate the collection and indicate that Inlu SEND the consolidated funds to someone. This can be the person or purpose being honored, or another person who will purchase a gift for the person being honored. You don’t know what the final collection total will be until your Inlu closes. This is perfect for gift certificate type giving – where the final amount is less important than the gift itself.
2. Purchase Ahead of Time, Reimburse Your Wallet
Consider the consolidated funds to be a REIMBURSEMENT to you. If you want to pre-purchase a gift for someone (for example, a new bike), and you want whatever donated funds to go toward that gift, then consider those funds to be a reimbursement back to you. This is helpful for things like birthdays when you want a specific item to be ‘opened’ at the party. Buy it whenever you want. And know that the collected funds will find their way back to you after your collection closes. The collection might not meet your total cost.
3. Many Honorees, One Contribution (Alternative Reimbursement)
IF a you are coordinating a SINGLE Inlu meant for MULTIPLE HONOREES (ie, 3 COACHES GIFTS, 1 contribution PER family), it is best to use the Inlu as a REIMBURSEMENT to you. The Inlu system enables you to list ONE person and address to which all funds can be issued. You can see the final amount collected on the day of your Collection End Date, divide that amount as you see fit, and purchase multiple items (like individual gift certificates) yourself. For example, if you collect $90 you can purchase 3 $30 gift certificates. Use the Inlu funds to reimburse yourself.
4. Direct-to-Store Group Gift Certificate
Purchase a single GROUP GIFT CERTIFICATE from our growing list of partners. In this case, the gift funds are sent directly to the shop and held as a gift certificate in your honoree’s name. The Inlu system issues a gift certificate announcement to the person being honored with the messages from all who contributed, as well as their group gift certificate number registered with that store. Nice and easy!
Know an awesome little local shop that should become a partner? Lets us know! Businesses LOVE when their own customers refer Team Inlu. You will help an awesome local business compete with ‘the big guys’ when they become a partner. —> Email us support@inlu.com!
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