Our fees.
Work for Good's digital service breaks down the barriers that hold businesses back from supporting the charities they care about. And we unlock untapped, sustainable income for charities.
Charities aren't always able to create a Commercial Participation Agreement with every sales fundraising supporter, due to the time and cost involved (often the process can cost the charity more than the value of the donation).
Work for Good digitally and cost-effectively creates this agreement, enabling charities to accept more sales fundraising support and raise vital income.
Work for Good uses Stripe, a third party Payment Services Provider, to seamlessly process each completed business CPA sales donation payment to the charity’s Stripe Connected Account and from there to the charity’s bank account. Stripe performs a verification (KYC) process on the charity’s authorised representative and the charity’s bank account prior to activating the charity’s Connected Account. (The U.K. Financial Conduct Authority has authorised Stripe PSP as an electronic money institution under reference number 900461.)
The charity receives the CPA sales donation net of the following fees:
- A ‘Transaction Fee’ deducted directly by Stripe at the time of payment of the donation by the business, to cover Stripe’s card payment processing cost; and
- A ‘Service Fee’ of 5% plus VAT which is Work for Good’s fee
Using a £100 donation to illustrate:
£100.00 | Completed CPA Sales Donation paid to Stripe by the business |
£2.10 | Stripe Transaction Fee: processing fee on amount paid by credit/debit card in the UK ( currently 1.9% + 20p = £2.10) |
£6.00 | Work for Good Service fee including VAT (5% = £5.00, VAT = £1.00). |
£91.90 | NET DONATION (processed by Stripe to charity’s Stripe Connected Account) |
£91.90 | NET DONATION (transferred by Stripe from charity’s Stripe Connected Account, first working day of the month to charity’s verified Bank Account) |
Refunds:
Once a business has paid a donation, it cannot be refunded. Please see our Terms and Conditions for further information.
Charity Membership Subscription:
Charities registered on Work for Good subscribe to an annual Membership Plan based on size of charity – see https://workforgood.co.uk/faqs/#sign-up-charity