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How does my donation work?

How does Better Giving process and accept my donation

Laira avatar
Written by Laira
Updated this week

Donations are made to Better Giving. This is a US 501(c) (3) non profit and then granted out to the nonprofit of your choice.
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Better Giving grant out the donations to the chosen nonprofit on a monthly basis as requested by the nonprofit. The nonprofit can choose to invest the funds in
1) a Savings account deployed in an FDIC approved Money Market account in partnership with Fidelity Investments. This is passively managed with an expected APY of 4%.

2) an Investment account (the Sustainability Fund) managed by our Investment Committee with a team of expert investment advisors that has over a 5 year period attracted about 20% APY - this is not guaranteed. We currently offer one Fund option that comprises (50%) Domestic and International Equities (30%) Fixed income, (15%) Bitcoin and Ethereum (5%) cash. The fund is rebalanced monthly. We will also be introducing risk and theme based investment options in the future to provide more options for nonprofits.

These accounts are invested as a Board Managed quasi-endowment, and Better Giving grants out 75% of the yield every quarter to the nonprofit, investing the other 25% of the yield into the sustainability fund to mitigate against such as inflation. In this way, donors can give today, but see the impact continue into the future.

Can I donate Cryptocurrencies?

YES - take a look here for the currencies currently accepted.

Can I donate different currencies by card, paypal, google pay or bank transfer?

YES - A wide variety of 'cash' payments are accepted in different currencies according to YOUR region. Here's some more detail about that.

Can I keep track of my own donations and get more tax receipts?

YES: Create a personal user account and you can see all your donations in one place.

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