PayPal has released the PayPal Kit for Non-Profits, with the claim that qualified organizations -- essentially, you have to have 501(C)(3) status -- can set themselves up to accept donations through a PayPal Donate button in just 45 minutes.

They're also offering $50 to the first 1,000 eligible nonprofits that use the kit to generate $500 in donations by March 31st.

The "kit" isn't so much a kit as a page with links to:

1. Set up your PayPal account
2. Download the instructions for adding the donate button to your site
3. Sign up for the $50 challenge

Their aim seems to be to get smaller organizations and individuals who are starting out with online fundraising campaigns started in a fast and simple way.

So, are their claims true? Can someone with just basic computer knowledge set up the donation widget in less than 45 minutes? If you've had the experience, tell us in comments, below.