Our Federal Tax ID number is 84-2812184 and you can find us on the IRS's Tax Exempt Organization Search website
The folks who started My Giving Hub got fed up with making donations to worthy charities and then being flooded with emails and snail mail. First the charity sends you emails thanking you for your donation. Then, around the holidays, they send you more emails and postal mail, asking for more money. Finally, many charities sell your contact information to other charities, so you start getting messages from charities you've never even heard of. Sound familiar?
When we donate to a charity, we wanted as much of that donation to go to the charity's work as possible, and we definitely didn't want our donations wasted on sending emails and postal mail. So the idea of My Giving Hub was born.
You tell us how much you want to donate and what charity you want to donate to, and we send that money to the charity. The charity never knows who you are, so they can't bug you with email or postal mail. My Giving Hub is an IRS 501(c)(3) nonprofit, so you still get a tax deductible receipt for your donation. The only difference is that the charity can't bother you for more money because they don't know that you donated.
When you donate through My Giving Hub, we request the bare minimum amount of information from you that is necessary. We process all of our payments through PayPal so we never have to store your name, address, or credit card information. We don't need that information, and we don't want to have it. PayPal handles the payments, we just need your email address so we can send you your tax receipt. By storing the bare minimum information about you, you can be certain that we won't sell your information to anyone; we don't have anything to sell!
Instead of sending your money to the charity as soon as we get it, we will do a rollup of all the donations every two weeks. That way, if more than one person donates to any charity, we can consolidate all of those donations and send the money to the charity at one time, saving us and the charity a lot of hassle. As we get bigger, we expect to move to a weekly rollup to help the money move faster to the charities.
We have two sources of income. First, when you donate to the charity of your choice, you are asked if you would like to donate an extra little bit to My Giving Hub. Those donations are used to help with our expenses, which include website development, hosting, and maintenance, legal compliance (so we can maintain our nonprofit status), and employee salaries (all of our staff are currently volunteers). You don't have to donate, but we appreciate every dollar we can get. Your donations keep the lights on and keep our service running. But if you choose not to donate, that's fine, too. You'll still be able to make your donations to the charities of your choice and never be bothered by anybody.
The second source of income comes from the 4% charge that's added to all transactions. We really don't like that one, but it's an unfortunate business necessity. Credit card transactions chew up as much as 3% of the donation that you make, so without this, we'd be losing money on every transaction. That fee goes mostly towards those credit card fees, and whatever's left helps with our bills. For a $50 donation, after credit card fees, My Giving Hub might get $0.50 to help towards the bills, so it's not a whole lot, but every penny counts.
If you want to see a full breakdown of My Giving Hub's income and expenses, please go to the Expenses Detail Report page, which has all of the information you may want. We believe in complete transparency, so if there's more information that you want to see, contact us and let us know.
There are several reasons why a charity may not be listed in our system:
If you look at the Charity Donations Rollup report, you'll see a sum total of how much donors have given to a charity and how much we've donated to that charity. You may notice that the Received number does not always match the Paid Out, which is not what you would expect, right? Here's how it works: You can go to our website at any time, 24 hours a day, 7 days a week, and make a donation. Once a week, we look at all of the donations we've received and figure out what needs to be paid to which charities, then we make those donations and update our records accordingly. So if you were to look at that report after we submit all of our donations, you'd see that every charity listed on the Charity Donations Rollup report would have a Received number that's equal to the Paid Out number.
However, if you find a math error on one of our other reports, please let us know! All of the numbers should add up and make sense, so if they don't, please tell us.
Some employers like to encourage their employees to donate to charities, and sometimes the company even does a dollar-for-dollar match for donations made by their employees. These companies will have their employees donate using their Corporate Giving Code to help track the donations. If you would like to get a Corporate Giving Code for your company to use, please submit a request using the Contact form here.
As of right now, all of our staff is volunteering their time and skills to get My Giving Hub up and running. There are times that we have to get some outside help that we have to pay for, which you will see listed separately. Eventually, our staff will want to get paid, and at that time you'll see Employee Salary as a line item in the expense report.