What documents or information do I need to provide during onboarding?
Our top priority as a payment facilitator is to ensure that all recipients are registered as an active campaign or organization with their appropriate authority (e.g., FEC, IRS) and that the funds get deposited securely & quickly to the appropriate bank account associated with that registered entity.
In order to do that, we will ask new recipients to provide two forms of account verification:
- Registration Documentation
- Campaigns (State/Local/Federal) - As part of our due diligence process, we require a copy of your registration with a relevant electoral board. Typically, this is a statement of organization, a declaration of treasurer form, or a signed and stamped declaration of candidacy. If your jurisdiction is one of the handful in the country that does not require registration, please contact recipients@oath.vote to arrange alternative verification documentation.
- Nonprofits (2 documents) - We require both federal and state filing/registration documentation. This is your (1) IRS Determination letter and (2) state registration/tax exemption certificate.
- EIN Letter
- As part of our due diligence process, we require a copy of your campaign/organization’s registration for an Employer Identification Number (EIN) with the Internal Revenue Service.
- If you established your committee using the candidate’s or treasurer’s SSN, please contact us at recipients@oath.vote to arrange alternative verification documentation.
To set up your profile on Oath and receive funds directly to your account, we also need:
- Bank Documentation
- Either a void check or a signed bank letter with the following:
- Printed on the bank’s official letterhead
- Signed by a bank representative
- Includes the full domestic ACH routing number
- Includes the full account number
- Lists the full legal name of the account holder and the committee's name
- Either a void check or a signed bank letter with the following:
- Recipient Headshot or Logo