Friday, August 19, 2011

Raising Funds

Throughout all the stress of raising financial support, I have come to this realization again and again:  It's not the worst thing ever!  I’m still in the early phases of that, but God has blessed me with an INCREDIBLE outpouring of support (through the most unlikely of people) so far.  The World Race mobilizers set up “mini-deadlines” for our fundraising to keep us on track, and our first is $3,500 by October 1st.  Despite my skepticism, I reached $3,830 on August 17th!  So only about $12,000 to go.  No problem.

I’ve had a few people ask me about where all the support money goes, so I did a little research and found this fancy pie chart (via Anna Maillet).

 
 



 
 

My 65% covers the following:


  • $4,235 for our intercontinental travel for the year 


  • $460 per month, broken down as: 


    • $3.75 per day for food


    • $5.25 per day for lodging


    • $3.00 per day for transport


    • $3.33 per day for long distance travel (buses, trains) and miscellaneous supplies




 
In case you’re curious, here are our the fundraising deadlines for the January 2012 World Race:


  • $3,500 - Due 10/1/2011 (2 weeks before Training Camp)


  • $6,500 - Due 12/18/2011 (2 weeks prior my trip)


  • $11,000 - Due 4/1/2011 (End of 3 months on the field)


  • $15,500 - Due 7/1/2011 (End of 6 months on the field)


 


 



Want to Support Me?



 



If you are interested in supporting me financially, check out these 4 options!



 



1. Credit and Debit Card



If you click the "Support Me!" link on the left side of my blog (http://reagantaylor.theworldrace.org), you will be taken to a form for giving that allows you to donate using a credit or debit card.  Obviously, this is mighty convenient. You can even set up an automatic monthly payment.  The drawback is that it requires a third-party service that charges a fee.  5% of what you give using a credit or debit card online is taken out before I see the donation.






  • Pros:  Quick.  Easy to find and navigate. Easy to set up monthly pledge.





  • Cons:  5% fee paid to the processing company.





 



2. Bank Draft



You can also set up a bank draft through the "Support Me!" link on my blog (http://reagantaylor.theworldrace.org).  It's similar to the credit and debit card donations, but the funds come directly out of your bank account rather than through your card.  This method is also easy and convenient.  It also requires a fee to be paid to a third-party processing company.  With a bank draft, the processing fee is only 3%.





  • Pros:  Quick.  Easy to find and navigate. Easy to set up monthly pledge.





  • Cons:  3% fee paid to the processing company.





 



3. Check by Mail



It's also possible for you to mail checks to Adventures in Missions (P.O. Box 534470 Atlanta, GA 30353-4470). Be sure to put “World Race: Reagan Taylor” in the memo line! This method may be a bit more tedious and take longer to process, but there is absolutely no processing fee. 100% of your gift goes to my support account.





  • Pros:  No processing fee.  Sent directly to AIM's bank to be deposited.





  • Cons:  May take up to 2 weeks from the date mailed for the donation to appear in my fundraising account.





 



4. DynaPay System



For those of you who know you would like to make a monthly commitment, the DynaPay system may be the all-around best option.  By entering a few bits of information online, you can give, by electronic check, once or twice a month. The best part: NO PROCESSING FEES. You MUST enter the end date of the gift in the online form or the donation will continue until AIM's Donor Relations department receives written confirmation that you would like to discontinue the donation.  You can direct donors to www.adventures.org/dynapay to give through the DynaPay system.





  • Pros:  No processing fee.  Automated giving.





  • Cons:  You must specify the end date or communicate in writing with Donor Relations.






Of course, regardless of whether you decide to give financially, I would love your prayers for me and my squadmates during this process.  It can feel pretty overwhelming, and it's easy to get discouraged.  But we're trusting that God will provide!

Feel free to let me know if you have any questions about anything.  If I don't know the answer, I can probably find out!