Holding Fund

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I noticed that I have a holding fund on my account can you explain what this is? 
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John

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Posted 2 years ago

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Debbie Skacel Tovar

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I assume you gave money for a correspondence kid gift?  That always is marked as 'holding fund' because you aren't the actual sponsor.  
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John

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I am the sponsor.
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Katherine

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John, I apologize for the confusion. It looks like you were sending a $25 family gift to Nuching Phrue Marma in Bangladesh. Those funds are being sent to her and her family as you intended, but in order to process that gift we first had to assign it to the holding fund and then transfer it as the family gift. It is indeed being sent to the family, it was just a matter of processing it correctly. Again, I'm sorry for any confusion this caused. Thank you so much for blessing your sweet kiddo with this gift! Have a great weekend!

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