Giving just got easier for 6 million federal employees
In June, TASC was named the service provider for the U.S. government’s workplace giving program.
From the pages of In Business magazine.
Giving to charity shouldn’t be hard but it’s often not as simple as just writing a check. Thankfully, workplace giving just got easier for 6 million federal employees with the recent announcement that Madison-based Total Administrative Services Corporation (TASC) was selected by the GiveBack Foundation to be the service provider for the U.S. Federal Government’s Combined Federal Campaign (CFC).
The GiveBack Foundation is a 501(c)(3) donor-advised fund that was formed specifically to simplify workplace giving. The partnership with the CFC, sponsored by the Office of Personnel Management (OPM), makes sense because the CFC is a workplace giving program that currently serves more than 4 million federal government employees and more than 2 million federal government retirees. Bringing TASC on board will enable the CFC to take its paper-based enrollment system to a new online platform.
“Our mission is offering valued benefit administration services that give customers peace of mind and innovative solutions,” says Dan Rashke, CEO of TASC. “The charity enrollment system is built to do just that — have federal government employees and retirees know that CFC-included charities meet all IRS requirements and do what they say they will do.”
According to Rashke, TASC has enrolled more than 12,800 charities in the CFC program, which gives both current federal employees and federal retirees a variety of charities to choose from. The online system TASC is now developing also enables electronic movement of money and disbursement of contributions.
With this new online system, federal employees can search for charities by using keywords or entering specific names and locations, Rashke explains. One-time or recurring donations can be set up in what is an intuitive website that lists all pre-vetted charities, allows for centralized online employee giving, and provides donors with essential information on each charity.
In addition, employees can set aside a portion of their pay to be placed into their account electronically. This way, when they wish to donate, the money is ready and available to be donated with just one click. This change in systems is designed to increase donor participation, decrease the cost of the program, and improve transparency and accountability. “Employees will also be able to track their giving and receive an end-of-the-year receipt of their total amount given,” Rashke adds.
Since the first campaign in 1964, federal employees have donated more than $8 billion to charity. However, being paper-based made the CFC’s previous donation system quite cumbersome and donations from federal employees were dropping every year.
TASC aims to increase participation in the CFC through an improved and modernized program that offers enhanced accountability, transparency, and increased flexibility in electronic giving. By moving to an online system, TASC believes it can lower the federal government’s administrative costs by as much as 20%.
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