Is there anything interesting about supporting different currencies here? E.g. if I pledge to give $25 per month, but I’m actually likely to donate in £, do you tell me a dollar amount and ask me to convert it at time of donation? If so, do you need me to submit evidence of the FX rate in addition to evidence of the donation? Or perhaps you could ask me for my preferred currency, and send me pre-converted amounts when it comes time to do the donations?
Thanks! That’s a great question and something I should figure out how to handle. I’ll think about the ideal implementation of this and include something for November, but I think if it comes up for October participants:
Pledge in USD, stating the other currency amount planned to give in the alternate currency (spot converted on the day of the pledge) in the comments.
Give them amounts to give in their preferred currency using that rate.
Once donated and receipts are submitted, I’ll spot convert at the time they donated, and if the dollar weakened relative to their original pledge substantially, backstop it.
Is there anything interesting about supporting different currencies here? E.g. if I pledge to give $25 per month, but I’m actually likely to donate in £, do you tell me a dollar amount and ask me to convert it at time of donation? If so, do you need me to submit evidence of the FX rate in addition to evidence of the donation? Or perhaps you could ask me for my preferred currency, and send me pre-converted amounts when it comes time to do the donations?
Thanks! That’s a great question and something I should figure out how to handle. I’ll think about the ideal implementation of this and include something for November, but I think if it comes up for October participants:
Pledge in USD, stating the other currency amount planned to give in the alternate currency (spot converted on the day of the pledge) in the comments.
Give them amounts to give in their preferred currency using that rate.
Once donated and receipts are submitted, I’ll spot convert at the time they donated, and if the dollar weakened relative to their original pledge substantially, backstop it.