We received a disbursement from the Benevity Community Impact Fund; what is it?

Our platform and donation fund disbursement model was designed to make it easy for as many employees as possible to find and donate to the charities of their choice—no matter how large or small the donation—while reducing the overall administrative burden and cost for companies, donors and recipient charities. To make this possible, we partner with foundations across the globe who use Donor Advised Funds to process and disburse funds. Our partner foundations in the Benevity Community Impact Fund are dedicated to disbursing funds donated via the Benevity platform, and their operations are optimized for our technology.

The following are Donor Advised Funds that may appear on your reports:

  • The American Online Giving Foundation
    • This DAF is used when both the donor's local currency and the organization's local currency are USD.
    • This DAF can issue tax-effective receipts if the donor is eligible.
  • The Canadian Online Giving Foundation
    • This DAF is used when both the donor's local currency and the organization's local currency are CAD.
    • This DAF can issue tax-effective receipts if the donor is eligible.

  • The UK Online Giving Foundation
    • This DAF is used when the donor's local currency and the organization's local currency differ from one another.
    • This is the only DAF that we use in which we do not provide tax receipts.
    • This is the disbursing entity that permits international/cross-border donations.

  • The Irish Online Giving Foundation
    • This DAF is used when both the donor's local currency and the organization's local currency are EUR.
    • This DAF can issue tax-effective receipts if the donor is eligible.

  • Australian Online Giving Foundation
    • This DAF is used when both the donor's local currency and the organization's local currency are AUD.
    • This DAF can issue tax-effective receipts if the donor is eligible.

  • Charitable Giving/The Charity Service
    • This DAF is used when both the donor's local currency and the organization's local currency are GBP.
    • This DAF can issue tax-effective receipts if the donor is eligible.