Invest2donate is a public company limited by guarantee. It is a registered charity established to operate as a non-profit for the purpose of improving the Giving Environment for donors and charities. It is a pure non-profit… no profit for any person or entity. We want to save the charity sector the huge costs of asking and re-asking, and we want to empower donors with an efficient alternative to spontaneous one-off giving. We make it easy to plan ahead and then set up regular donations over which you have complete control. We call it Flexible Planned Giving.
Flexible Planned Giving is an alternative to spontaneous giving usually as a result of direct marketing and cold-calling, such as expensive mail packages, telephone calls, street-stoppers and endless emails. Rather than donate in response to these very expensive types of fundraising, donors plan ahead, select their charities and causes, and set up regular donations, so charities save the costs of asking and re-asking. And Charities love regular donations because predictable funding allows them to do more good things. Donors have complete flexibility to vary or cease at any time and do not have to pre-commit a large amount of money to a foundation.
Invest2Donate was set up by retired financial advisers and consultants and has been initially promoted with the generous and committed support of the Financial Advisory community. So, chances are your adviser will be aware of us and can explain the concept to you. Your adviser can assist with any financial issues surrounding the donation plan, such as: can you afford to donate; is a tax deduction valuable/who should get it; etc. but it is always YOU that selects the charities you wish to support. Your adviser does not make any recommendations in this regard.
The costs associated with running Invest2Donate and its website (including educating and supporting both the donor community and financial advisory community) are funded from sponsorship from a group of Financial Services and other organisations that have contributed funding or services to make Invest2Donate a reality.
Most charities use one of several methods of accepting regular donations. It will usually be via credit card, PayPal or Direct Debit. The latter is usually the cheapest in terms of fees and charges. But fees can often be difficult to pinpoint with some charges being made per transaction and some via separate annual fees to the charity.
The best way to discover your charity’s preferred donation method is to visit its website and locate its DONATE button. We provide you with a link directly to their site when you use our Donation Planner Tool as part of making the whole giving process as easy as possible. It’s possible some charities are on the BPay system and have contacted you with their BPay Ref No, and this makes it easy to give via online banking, but even then regular giving is subject to systems and funds availability. The New Payments Platform (NPP) may change all this in the future. The NPP relies on businesses registering for a “PayID” and if eventually most charities embrace this and register a PayID…then your own ONLINE BANKING MAY WELL BE THE PERFECT PLATFORM TO MAKE ALL YOUR REGULAR DONATIONS…Stay Tuned…
Easy, just contact the credit card provider or in the case of a direct debit, the charity to vary or cease the regular payment. This is usually much simpler and less time-consuming than if you were donating one-off every year and had to re-complete the entire donation process each time you wanted to donate again.
If your registered charity is not on our list, you can visit the ACNC’s Charity Register which will provide you with the details and, where available, the website address of all 55,000 registered charities, so you can then visit their website to donate… and hopefully they accept REGULAR DONATING. You can search for your registered charity using this ACNC link. https://www.acnc.gov.au/charity