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by adam 2158 days ago
This sounds great. We already use https://percentpledge.org though. How is this different?
1 comments

Percent Pledge focuses its giving on cause portfolios, and you can't give to specific organizations.

We invite our donors to give into their own charitable fund, and support specific organizations when they feel like a strategic opportunity has arisen. Donors are more satisfied when they can give bigger on things they are really passionate about.

Percent Pledge also has a 5% fee on every dollar given through them. We have no fee. 100% of your money goes to the charities you support. We want to eliminate fees from giving!

How do you make money?
In two ways: 1. We charge a per employee per month SaaS subscription to companies for our workplace giving product. 2. We invest a portion of the balances in our charitable funds (aggregated across all users) in safe, highly liquid assets to create a financial return. The money is not restricted in any way and is available for granting to nonprofits at any time. Robinhood uses this same model with uninvested cash in its app.