As part of our ongoing efforts to streamline our payment systems, we are excited to announce that Berks County Community Foundation will begin distributing all grant payments via ACH (Automated Clearing House) effective January 1, 2025. This transition marks a significant step toward enhancing the efficiency and security of our financial processes.
As you may already know, an ACH payment is an electronic payment credited directly to your bank account on the payment date. This method is not only reliable but also safe and convenient. By implementing ACH payments, both the Foundation and our payment recipients will benefit from improved controls, reduced chances of check fraud, better cash management, and decreased bank charges.
Recent challenges such as inconsistent mail delivery, rising instances of mail theft, and lost checks have prompted us to make this necessary transition. We believe that moving to ACH payments will mitigate these issues and ensure that your funding arrives securely and on time.
To receive future grant payments, all individual grantees and organizations will need to complete an ACH authorization form. You can fill out the form by clicking here. This form must be filled out by an authorized signer from your organization and submitted along with a copy of a voided check. Payments will continue to be made on the 1st and 15th of each month. You will receive an email notification detailing the remittance of payments once they are processed.
If your organization has already completed an ACH form with us, there’s no need to fill it out again unless you have updated account information to provide.
We hope you find this new process smooth and beneficial. Should you have any questions or need assistance regarding this transition, please don’t hesitate to reach out to me at my email, sallyc@bccf.org or call 610-685-2223.
