Chariot Disbursements solves the many risks, costs and pain points for Payers (e.g., Donor Advised Funds (DAFs), foundations, etc.) sending grant payments.
Chariot Disbursements is a product that Payers sign up for to manage their outbound payments to nonprofit grant recipients. Once a nonprofit claims their Chariot Deposit Account, they will automatically be able to receive rapid electronic payments from all Payers within their dashboard.
Eligible nonprofits are encouraged to create their Chariot Deposit Account so that they can receive gifts from Payers as quickly as possible and see all gift details in the user-friendly Chariot dashboard. If a nonprofit receives a gift from one of Chariot’s Disbursement partners but has not yet created their Chariot Deposit Account, they will receive a check in the mail.
We encourage all eligible nonprofits to sign up for their Chariot Deposit Account to begin capitalizing on the Chariot Disbursements solution.