A question we receive frequently from merchants is about how our service works with Foundations. We donate 25% of our processing commissions to an educational foundation chosen by each merchant. However, as in the case of the Lewisville ISD Education Foundation, we also can process the credit payments of the foundation itself.
When a foundation is also a merchant, they really maximizing the potential of School Spirit Pays. By generating their own School Spirit Pays donation, the Lewisville ISD is helping to create their own passive income stream. Plus, its the best possible endorsement when presenting School Spirit Pays to a potential local merchant is the fact that the foundation itself uses School Spirit Pays.
Thanks to the Lewisville ISD Education Foundation for doing it right! You can learn more about the goals and objectives of this foundation here: lisdef.com.