Work for Good is a for profit, tech-for-good company. Our mission is to help charities raise funds from purpose-driven small businesses and make it possible and easier for these businesses to donate through their sales in a compliant way.
Our fundraising platform takes away the need for lengthy contracts and untenable commitments by digitising the legal requirements, meaning charities no longer have to turn down approaches from businesses. This makes the process quick, simple and most importantly, legally compliant for both the business and charity.
To enable us to grow and continue to raise even more money for charity we deduct 5% (exc VAT) when a donation is paid.
Using a £100 donation to illustrate:
|£100.00||Donation paid by a business|
|£6.00||Work for Good Administration fee inc VAT (5% = £5.00, VAT = £1.00). It is not currently possible for businesses to cover this fee but this is something we can consider in future.|
|£1.60||Payment processing fee if paid by credit/debit card inc VAT (1.4% = £1.40 + 0.20p)|
|£0.00||Payment processing fee if paid by BACS|
|£92.40||NET DONATION (if donation is paid by credit or debit card)|
|£94.00||NET DONATION (if donation is paid by BACS)|
If you have selected Gift Aid and once we have transferred your donation to the charity, the charity will be eligible to claim an extra 25p for every £ donated.
|£117.40||NET DONATION (with Gift Aid/if donation is paid by credit/debit card)|
|£119.00||NET DONATION (with Gift Aid/if donation is paid by BACS)|
We do not charge:
- Registration fees
- Monthly fees
- Interest arrangements (we do not keep any interest accumulated while donations are in our holding account)
Further explanation of our fee:
You may have wondered what we meant by ‘a compliant way’ at the top of this page. When a business wants to donate a £ or % of their sales to a charity and market this, they are required by law to have a Commercial Participation Agreement in place with the charity.
This legal requirement can be resource-heavy (in time and cost) for both the business and charity and unfortunately, many charities are forced to turn down approaches from businesses because of this. By working with Work for Good, and relying on our donations form which captures the correct information from businesses and creates the Commercial Participation Agreement in line with our Terms & Conditions, charities are able to welcome all sized donations and businesses to support them.
Once a donation has been paid, it cannot be refunded. Please see our Terms and Conditions for further information.
Keeping donations secure:
Donations are processed by Stripe (if paid by credit or debit card) or Cater Allen (if paid by BACS). Donations are passed from Stripe to Work for Good’s Cater Allen account before they are paid to the charity. Both Stripe and Cater Allen are regulated by the FCA.
For businesses: When a donation is charged to your card, the transaction is final and not disputable unless there is proven unauthorised use of your payment card. If you become aware of fraudulent use of your card, or if it is lost or stolen, you must notify your card provider in accordance with its reporting rules. This is outlined in our Terms & Conditions.