Does anyone experience with "pledge to win" initiatives where a donor's credit card is charged a predetermined amount when their favorite athletic team wins. How have you been managing this? Our main questions have to do with holding credit card numbers, what kind of volume to expect, limiting the designation of the gifts. Are there third-party venders who offer services to facilitate such initiatives?
Thanks in advance!
Either Annual Fund or Athletics Director Discretionary Fund or ONE SPORT. I'm just offering the two other athletic options because 1) I think this "idea" would most likely originate with the Athletics Office, and 2) they would 99.99999% NOT want the money going to a non-Athletics fund. Just my 2c.
Eric F. Valdescaro
Senior Director, Advancement Services
The University of Memphis