What is the Lagniappe Fund?

The Lagniappe Fund is a pool of bonus dollars used to grow organizations' gifts. The Community Foundation secures these funds to be shared by all participating nonprofits receiving donations during Give For Good. The amount each organization receives from the Lagniappe Fund will be based on the overall percentage of funds raised during Give For Good. For example, if an organization raises 1% of the total funds collected, it will receive 1% of the Lagniappe Fund. Individual donations will qualify for the match up to a $10,000 limit to prevent substantial donations from skewing the allocation of the Lagniappe Fund.

Where does the Lagniappe Fund money come from?

The Lagniappe Fund is created from gifts made by local businesses, other supporting foundations, and generous donors. Individuals will also be able to give to the Lagniappe Fund during checkout on Give For Good day if desired.

How will each nonprofit's share of the Lagniappe Fund be calculated?

After Give For Good, CFNLA will determine each nonprofit's percentage of the Lagniappe Fund by dividing the total amount each nonprofit raised by the total amount of dollars raised by all participating nonprofits. This amount will then be multiplied by the total amount of dollars in the Lagniappe Fund. In other words, the percentage of the Lagniappe Fund received is equal to the percentage of the total funds donated during Give For Good.

Reminder: the Lagniappe Fund is NOT a dollar-for-dollar match. Matching is determined post-event after all donations are received. Organizations must raise at least $500 to receive a portion of the Lagniappe Fund.

What other prizes and bonus dollars are available to nonprofits?

More than $20,000 is up for grabs through Give For Good prizes. There are three categories of additional prizes and funds that can be awarded to participating organizations: pre-event, post-event, and giving day. Examples of prizes include:

Facebook contests
Awards for the most individual donors
Awards for the most donors in a specified time frame
Randomly selected Golden Tickets

Organizations will be given a full list of prizes and qualifications before the event, and donors can keep up with the winners on the Leaderboard and the Community Foundation's Facebook page.