Benevity is a software-as-a-service (SaaS) technology company based in Canada that works with various independent charitable foundations around the globe in order to facilitate charitable donations to charities and non-profit organizations (causes) for charitable purposes.
Each independent charitable foundation (foundation) is a registered charitable organization with its own mission, governance and compliance requirements that are aligned with the laws and regulations of the jurisdiction where it is established and operating. Each foundation is governed by an independent board of trustees or directors. The trustees/directors oversee the governance of the foundation and make sure it remains compliant with applicable laws and regulations.
Benevity currently works with Foundations registered in the following countries:
- Aotearoa New Zealand
- Australia
- Canada
- France
- Germany
- India
- Ireland
- United Kingdom
- United States
Some of these foundations work exclusively with Benevity for disbursing donations, while others work with Benevity as well as other entities. Benevity conducts extensive vetting and due diligence of charitable foundations prior to working with them and it continues to monitor them throughout the relationship.
Benevity also acts as a service provider to the foundations, to varying degrees and under formal written agreements (Master Services Agreements) with each.
Benevity services include:
- Preparing and sending donation reports.
- Preparing and sending donation receipts or acknowledgements.
- Conducting vetting and validation of causes.
- Collecting due diligence documentation from recipient causes.
Each foundation pays fees to Benevity for the services provided. Please visit our Foundation partners (disbursing entities) article for more information.