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Are there financial risks to a beneficiary organization?

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Are there financial risks to a beneficiary organization?

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10

None. The organization receives unrestricted funds without obligations. How does the cardholder select a beneficiary? When a consumer purchases a card directly from your organization, or if they purchase a card online and choose your organization as the beneficiary. How does a beneficiary organization get paid? Beneficiary organizations will receive a direct deposit via ACH or check. Payment is issued if contributions exceed $10, otherwise funds are held until balance reaches $10 before payments are made. Are there costs to a beneficiary organization? NO. There are no costs to any organization participating in the MYCR Rewards Cards program. How can my organization check to see how much money we are raising? Organizations can log on 24/7 to check their account balance. Log on to our website and click on the “Member Login” link. You will be able to run reports and view how much money members of your organization have contributed. How much money will our organization make? The amount a b

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