We understand that it’s important to know how your donations are being processed and that they are going to the right place. That’s why we are committed to being 100% transparent with you.
Fundraising can take a tremendous amount of resources and funds from nonprofits. On average, fundraising costs may cost as much as 20% of each donation. As a social impact company, we are continuously innovating to find more efficient ways for people to give back. Our 9.75% fee helps us cover our day to day operating costs and also includes all payment processing & credit card transaction fees. The 5% we keep allows us to focus on creating the best experiences for both donors & charities. The way we look at is, the more we can help drive donations for your favorite nonprofits, the more time they can spend doing what they do best – changing the world.
Cause Fund donations are processed through our trusted partner Network For Good a non-profit donor advised fund which is accredited by the Better Business Bureau Wise Giving Alliance and meets all 20 of its standard for charity accountability. Network For Good makes it easy for over 750,000 nonprofits to receive your gifts.
All credit card payments are processed through Stripe. A leader in security, Stripe is known to have the most stringent level of security certification in the payments industry. For more information about their PCI Compliance, please click here.
TRADITIONAL FUNDRAISING DONATION
You may think that donating directly to a charity would be the best way to avoid any fees. However, even donations made directly to charities are subject to fees when they process your gifts. Charities incur credit card transaction fees with all digital donations. Even physical checks are subject to check processing fees.
To ensure that the charities receive 100% of your donation, dailyKARMA allows you the option of covering all platform fees. The majority of our users opt to cover these fees instead of passing them along.
With each donation, you may opt to either cover the processing costs for the charity or to include them with your donation. Need help deciding which way to give? See below for a breakdown:
|Cover fees upfront||Include with donation|
Total Billed to You
Amount Passed to Charities
Amount to Each Charity
Fees Incurred by Each Charity