The Library of Congress (LoC) seeks an online fundraising solution through a Request for Information (RFI) to enhance its data integration and donor interaction. The current challenges involve manual data entry and the maintenance of records across multiple systems, including financial management and constituent databases. The library desires improved integration to reduce errors, optimize resources, and accommodate increasing transaction volumes through automation tools like APIs and robotic process automation.
Additionally, the LoC aims to create targeted digital marketing tools for more efficient campaign management and gain insights into donation metrics. The library's online transactions in FY24 totaled nearly $15 million, primarily through credit and debit cards, highlighting the need for potential processing options beyond existing platforms like Pay.Gov and Worldpay.
The RFI includes inquiries about customization features for donation pages, peer-to-peer fundraising capabilities, and options for donors to cover processing costs. As the LoC's fundraising programs evolve, the requirement for flexible, user-friendly systems to manage numerous campaigns and personalized donation experiences becomes essential. The document underscores the Library's commitment to modernizing its fundraising efforts while adhering to federal regulations.
The document outlines the Capability Matrix required for responding to requests for proposals (RFPs) related to various support solutions for a library system. Respondents must assess and document their capability to provide essential services in areas including Donor Relationship Management, Donation Management, Payment Processing, Financial Management and Accounting, and Technology Standards. For each capability area, they must indicate whether they can fulfill the requirements, specify the type of support offered (such as standard, configurable, custom development, or third-party services), evaluate the complexity of the solution (high, medium, or low), and identify the hosting environment (cloud-based, software-as-a-service, or on-premise). The responses should include a succinct description of the functional and technical information that substantiates these claims. This process ensures that offerings are aligned with the library's unique needs and operational capabilities, facilitating informed decision-making during the evaluation of proposals.
The provided document is the "Online Fundraising and Payment Processing 5-year Lifecycle Cost Estimate Worksheet," outlining cost estimates associated with the implementation and ongoing maintenance of a fundraising system. The worksheet details various cost categories including licensing, system engineering, infrastructure, program management, training, documentation, quality control, change management, data management, security, continuity, service desk support, application management, software maintenance, and miscellaneous costs across five years.
Each category is anticipated to incur costs in both implementation during the first few years and operations and maintenance in subsequent years, though specific dollar values are not provided in the worksheet. The document highlights the importance of budgeting for various aspects to ensure successful system deployment and long-term support.
The main purpose of this worksheet is to assist in financial planning for the project, ensuring that all potential costs are identified for compliance with federal and state guidelines for funding and resource allocation in governmental projects. The structured layout facilitates easy modifications and updates as necessary, indicating the need for thorough financial assessment before proceeding with the system's implementation.
The document is a Request for Information (RFI) seeking an online fundraising solution for the Library. It outlines baseline capabilities necessary for donor relationship management, donation management, payment processing, financial management, and technology standards. Key functionalities include tracking donor and gift data, facilitating a user-friendly donation process, ensuring flexible payment options, maintaining audit trails, and ensuring system compatibility with existing financial management systems. The solution must allow for customization, support multi-channel marketing, and ensure security and data protection measures. It emphasizes the need for easy navigation, donor analytics, and streamlined financial reconciliation, while also requiring efficient user training and support. The overall aim is to enhance the Library's fundraising capabilities while ensuring compliance and operational efficiency, reflecting the context of government RFPs and the commitment to adopting public sector solutions.
The Library of Congress has issued a Request for Information (RFI) to explore commercially available online fundraising solutions and services. This RFI aims to modernize the Library’s fundraising and payment processing systems, which have remained unchanged for over twenty years, in order to enhance donor engagement and support various payment methods, including digital wallets. Respondents are encouraged to present solutions that can integrate donor management and financial systems effectively while complying with federal regulations set by the Treasury.
The Library receives a significant portion of its donations electronically and seeks to improve its infrastructure to accommodate the increasing volume of transactions and diverse donor needs. The RFI outlines specific capabilities required in vendor solutions, such as managing donor relationships, processing payments, and ensuring robust data integration. Additionally, it highlights the importance of compliance with federal financial policies.
Interested vendors have until January 3, 2025, to submit their responses, including details about their approaches, capabilities, and estimated costs associated with implementation and operation. The Library retains the right to cancel or alter the RFI at any time, with submissions being at the respondents' expense. This initiative reflects the Library's commitment to enhancing its operational efficiency and fostering a broader donor base.