Network for Good appears on your credit card statement because you made an online donation to a charity through their website or through any of our partner sites like Facebook, Google, CharityNavigator, or Crowdrise.
Network for Good’s Donor Advised Fund is an accredited charity by the Better Business Bureau that helps charities by collecting donations from thousands of donors like yourself and disbursing it in an efficient manner to nonprofits that have been chosen by you.
Network for Good has created technology that allows you to support any charity, anywhere online. Networkforgood.org is a nonprofit Donor-Advised Fund*, so when you make a donation through the Network for Good giving system we re-grant your contribution to the nonprofit(s) you have selected in our monthly disbursement. That is why Network for Good is the merchant of record that appears on your credit card statement.
Thousands of nonprofits and hundreds of thousands of your fellow donors trust Network for Good to distribute their donations: Over $1.25 billion dollars have been disbursed to over 100,000 nonprofits since our inception in November 2001 by AOL, Cisco and Yahoo.
When will the charity receive my donation? Disbursement can take between 15-75 days depending on the platform on which the donation was made.
Can I change my transaction details? Unfortunately not. Once the donation has been completed we cannot change donor name, address, amount, or recipient charity.
Is the donation fully tax deductible? Yes, the full amount of the charitable transaction, including any grant to Network for Good is tax-deductible, as long as the donor is not receiving any goods or services for their donation. For any thank you gifts or incentives offered independently by the charity, the value of the gift is non-tax deductible and is fulfilled directly by the charity.
What is a Donor-Advised Fund? A Donor-Advised Fund is a charitable giving vehicle administered by a third party (in this case Network for Good) and created for the purpose of managing charitable donations on behalf of other nonprofit organizations (in this case up to 1.8 million U.S. 501c3 charities).
Comments
0 comments
Article is closed for comments.