World Cup Dreams Foundation (WCDF) exists to support, protect and inspire athletes. Financial need is one of the main issues facing many upcoming athletes. WCDF helps athletes raise money for their expenses providing back-end support, but does not raise money directly for specific or individual athletes. All funds to go to WCDF, which will then determine grant recipients.
Using WCDF to raise money is primarily beneficial for the donor. Donors tend to give more to a 501(c)3 non-profit and some have funds or trusts that can only donate to a registered non-profit. In order to do this properly, the correct process must be followed for WCDF to remain compliant with IRS regulations.
An athlete must fill out a Grant application before starting or receiving any grant money from WCDF. Donations go directly to WCDF (not the athlete), we can only grant money to athletes who have documented financial need (shown in the application). WCDF can issue grants on behalf of athletes directly to the USSA, which has several benefits (Tax issues, NCAA eligibility, etc.) If your expenses are outside of the USSA, we can issue grants directly.
Apply here to be eligible to use the WCDF for fundraising: Athlete Grant Application
Option 1: Use RallyMe + World Cup Dreams Foundation (WCDF)
Option 2: Fundraise through WCDF PayPal link on your website or direct donors to us
Option 3: Do it the old fashioned way and have donors send checks to WCDF
A Google doc will be created where you can see what donations we have received and will be updated as donations come through.
You can use the crowdfunding service along with WCDF processing your payments so your donors can make tax deductible contributions.
Get started: Rally Me page
Fees: RallyMe= 5%, Stripe (Credit card Processing), 2.9%+.30, WCDF 5%
Contact: Email Scott Macartney to set up RallyMe & WCDF option: email@example.com
Follow these steps:
Fees: PayPal, 2.2%+.30, WCDF 6 or 7.5%
World Cup Dreams Foundation
12902 SE 7th PL
Bellevue, WA 98005
Need to send WCDF donation acknowledgment
Fees: WCDF 6 or 7.5%
How do I get my money? When you have received a donation and have an application on file and have expenses (documented need), we can issue a grant. Usually the best way is directly to a governing body (ex. USSA on behalf of the athlete.) We can also issue directly to the athlete. If there is on-going need or long term fundraising, grants will be issued once a month. We will issue grants based on the budget estimates that you provide in the application to either the athlete or the governing body. WCDF is NOT a bill pay service. We would prefer not to issue grants for specific items- airline tickets, equipment purchases, etc... Instead we issue grants based on the budget estimates that you provide in the application to either the athlete or the governing body. This way you can receive funds in advance of expenses the accounting is less time consuming.
How can I keep my expenses low - 6% vs 7.5%? We recommend that the athlete send out the thank you notes and include the official donation acknowledgment from WCDF for the donor’s tax purposes. If the athlete commits to doing this, WCDF extends the time savings to the athlete and reduces the amount retained to 6%.
Does every penny that is raised go to the Athlete? Not Necessarily. All funds that you raise go directly to WCDF. We do not “pass through” funds to individuals. This is strictly prohibited by the IRS. We carefully track donations that come in with the donor’s desire to help specific individuals, and then evaluate the needs and the qualifying criteria of those individuals. After a thorough review of all criteria, WCDF determines whether we can issue a grant to a specific athlete. If it is important that all funds you raise go directly to a certain athlete, you should not work with WCDF. You can always fundraise directly without seeking non-profit status for the proceeds.
Are donations tax deductible? WCDF is a 501(c)(3) non-profit organization and donations to our general fund are tax deductible in compliance with all applicable IRS regulations. Every donor to the WCDF general fund will receive a letter with our federal tax ID number on it. They should keep the letter for documentation and consult their tax advisor about the deductibility of the donation. ***Donations from Parents/ Family of the athlete CANNOT be run through the foundation***
What help does WCDF provide for Athlete fundraisers? We can set you up with a “Donate now” (PayPal) button on for your website, and we can process checks, cash and provide an easy way to track your donations. Donations can be made through our website as well. We will also provide all the advice we can. If you are planning an in-person fundraising event, contact us for other options.
What are some of the details of running fundraising? Checks need to be made out to “World Cup Dreams Foundation” (NOT the name of your event. NOT the name of the person for whom you are fundraising.) You may add the individual’s name in the note section of the check. When promoting the event, please use terms like- “benefiting WCDF and Athlete X” or “Beneficiaries include Athlete X.” Please avoid statements like “All proceeds go to Athlete X.”
Why does WCDF keep a percentage of donations? Our costs, including time to properly process a tax-deductible donation, accounting, tax preparation, etc. usually exceed the 6%-7.5% we “retain” if we were to back-out our expenses. Quite simply, it is not free to run a non-profit entity. We offer this as a needed service for athletes.
Who runs the Foundation? Scott Macartney (USST 1998-2010) keeps it afloat in his spare time. Please keep in mind that it is a grassroots organization that runs on a very small budget to keep costs as low as possible.