Set Up Recurring Payments

  1. Use one of the Donation forms on our Join or Donate page.
  2. Click the Show my support by making this a recurring donation box on the form and you’ll be asked how often you want to make payments (weekly, monthly, quarterly, every six months, and annually) and the start date for the next payment. Use the 
  3. Choose Other from the list of suggested options. Enter the amount you want to be charged for EACH recurring payment (see Determine Your Recurring Payment Amount, below).
    NOTE: DO NOT ENTER THE FULL AMOUNT OF YOUR DONATION on the form as the recurring amount. That would cause that amount to be charged immediately and again with each recurring payment. If you are unsure how to calculate a recurring payment, contact us at joinus@impact100indy.org and we will be happy to help.
  4. If you would like to help pay our administrative expenses, you can either click the Increase My Impact option or add a little extra to the amount entered in the Other payment field. Either way, the extra will be included in every recurring payment.

Note: A few important things to know about Recurring Payments:

  • Please see Set Up Recurring Payments, below, to determine what dollar amount you should enter in the Other blank to ensure the amount you pay each month will result in a full membership payment before December 31.
  • Recurring Payments can only be made using electronic payment methods: credit card, bank withdrawal. etc.
  • It is up to you to manually calculate the amount of each recurring payment (see Determine Your Recurring Payment Amount, below). The tables in that section should help you determine the amount you wish to pay on a regular basis. 
  • Recurring membership payments can only be used to PREPAY your annual membership. Recurring payments must be completed in the calendar year before the membership year. For example, recurring payments made in 2025 go into the 2026 Grant Pool and are for 2026 membership, payments made in 2026 go into the 2027 Grant Pool, etc. This is because we need to know how much money is in the Grant Pool in January of the year the grants will be given in June at the Annual Celebration Dinner and Meeting.
  • All payments for a membership MUST be completed by December 31 to be a voting member the following year, so you need to divide your total donation by the number of payments you will make between the time you begin the payments and December 31 (see Determine Your Recurring Payment Amount, below).
  • You can reach out at any time to ask us to stop or change your Recurring Donation. You will be reminded in December of each year and again in January to check your recurring payments so you can change the frequency and amount as needed.

 

Determine Your Recurring Payment Amount

Recurring transactions can be set up for these repeating time periods: weekly, monthly, quarterly, every six months, and annually.

It is up to you to manually calculate the amount to be charged with each recurring payment. It should be the amount of your total donation divided by the number of payments you will make from your first payment through December 31. To help you we have provided the tables below as guidance. Go to the table for the Membership Level you want for the following year, look under the month you will make your first recurring payment, and that is the dollar amount you should enter as your recurring payment amount. Feel free to add a little to each recurring payment to help cover the Administrative costs of managing the recurring payments and credit card fees (3%). 

These tables assume monthly recurring donations. If you wish to make weekly, quarterly, or other time periods, divide your donation by the number of payments between now and December 31. You can also contact us at joinus@impact100indy.org for help in determining the recurring payment amount.

Full Membership Donation of $1000 per year

Look under the month you will make your first recurring payment, and that is the dollar amount you should enter as your recurring payment amount.

JanFebMarAprMayJunJulAugSepOctNovDec
$83.33$90.91$100.00$111.11$125.00$142.86$166.67$200.00$250.00$333.33$500.00$1000.00

Shared Membership Donation for Half Membership of $500 per year

Look under the month you will make your first recurring payment, and that is the dollar amount you should enter as your recurring payment amount.

JanFebMarAprMayJunJulAugSepOctNovDec
$41.67$45.45$50.00$111.11$55.56$62.50$71.43$100.00$125.00$166.67$250.00$500.00

Shared Membership Donation for Third Membership of $334 per year

Look under the month you will make your first recurring payment, and that is the dollar amount you should enter as your recurring payment amount.

JanFebMarAprMayJunJulAugSepOctNovDec
$27.83$30.36$33.40$37.11$41.75$47.71$55.67$66.80$83.50$111.33$167.00$334.00

Shared Membership Donation for Quarter Membership of $250 per year

Look under the month you will make your first recurring payment, and that is the dollar amount you should enter as your recurring payment amount.

JanFebMarAprMayJunJulAugSepOctNovDec
$20.83$22.73$25.00$27.78$31.25$35.71$41.67$50.00$62.50$83.33$125.00$250.00

The full amount of your membership donation MUST be received by December 31 each year for the next Membership year.