Disbursement

What it means

Disbursement is a general term describing money moving out of the fundraising platform and into a program's own control, whether through a single payout or a series of payouts spread across a campaign's active window and closeout. In practice, disbursement and payout are often used interchangeably to describe the same underlying event: funds leaving HypeRaise and landing in the program's bank account.

How it works on HypeRaise

Some programs, particularly those working closely with a school business office or a formal nonprofit accounting structure, may already use the term disbursement in their own internal financial language and processes. Recognizing that HypeRaise's payout terminology and a school's disbursement terminology are describing the same underlying movement of funds helps avoid confusion when a treasurer is trying to match platform reporting against school-level financial records.

Key details

Whether a program calls it a payout or a disbursement, the underlying mechanics are identical: net proceeds move from the program's Stripe-connected account to its designated bank account, following whatever payout schedule applies to that program's campaign.

For programs required to formally document disbursements as part of a nonprofit's annual filing or a school district's financial audit, HypeRaise's exportable reporting provides the underlying transaction detail needed to support that documentation, showing exactly when funds moved and in what amount.