[Leonidas243]

Trust is an important factor for us. You're right, and YC helps, but we also have other structures that make things transparent.

The charitable assets in our app actually go into a 501c3 public charity (Charityvest Inc), a part of our social enterprise, which has to file a Form 990 every year making its financials and board members public. We launched in 2019, so our first 990 filing is this year. We also conduct our own internal financial audit which we plan to make public on our site. Our charitable operations will be increasingly transparent.

We're also partnered with / backed by other significant institutions: Yale University, The Farm at Comcast NBCUniversal, Dwolla, Plaid, Synovus Bank, etc.

You can also follow up with any charity you grant to out of Charityvest yourself and ask them if they receive Charityvest's grants in a timely manner. Generally all charities will gladly confirm receipt of a donor gift.

Hope this helps!

[JustARandomGuy]

> You can also follow up with any charity you grant to out of Charityvest yourself and ask them if they receive Charityvest's grants in a timely manner. Generally all charities will gladly confirm receipt of a donor gift

This is an important part to emphasize, and it's good practice IMO. My work does a year end charity drive through United Way - you can donate to any charity, but the donation has to be made through United Way to get work-related benefits (for example, a pizza lunch for the dept, etc).

I donate to my college every year during these year end drives, but I also book an appointment for the end of January to call up my college and verify they've received my donation.