A number of our alumni are interested in making Annual Fund contributions
using Venmo. We have looked at the Venmo site, and there is a note posted
there about them no longer “accepting applications from non-profits” at
this time. However, some schools seem to accept Venmo payments. Does anyone
have experience accepting Venmo payments, and if so, how do you set up an
account to receive them? Our understanding is that it is usually tied to an
individual. Also, how do you ensure you can record donor information to
comply with tax law and provide tax receipts to donors?
Mark Zarbailov
Senior Director of Advancement Services and
Development Information Systems
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*Teachers College | Columbia University*
525 West 120th Street, Box 306
New York, NY 10027
P: 212.678.4031 | F: 212.678.3723
E:
mark.zarbailov@tc.columbia.edu