Frequently Asked Questions
1. How much of the charity gift card donation goes to the charity?
2. Are charity gift donation cards tax deductible?
3. Will I receive an acknowledgement of my donation for tax purposes?
4. What happens to the donation when I purchase a charity gift donation card?
5. Do charity gift donation cards expire?
6. Who is 360° Giving LLC?
7. What charities are available for card recipients to choose from?
8. When are the funds from ‘spent’ charity gift donation cards distributed?
9. Will any personal information be sold to marketers?
1. How much of the charity gift card donation goes to the charity?
Charity gift card purchasers pay an incremental $5 to cover costs. This way, the charity receives 100% of the donation. Our incremental card fee covers all costs: production, distribution, banking fees and other services we need to support our operations. [go to top]
2. Are charity gift donation cards tax deductible?
Yes. Charity gift card and service fees are 100% tax deductible immediately, as permitted by law, to the person or company that funded the donation. The charity gift card recipient does not receive a tax deduction. [go to top]
3. Will I receive an acknowledgement of my donation for tax purposes?
If you purchase a charity gift donation card at a retail store, your merchant receipt can be used for tax purposes. Please note, if lost, we cannot replace your merchant receipt. [go to top]
If you purchase charity gift donation cards at our web sites and the total donation is over $250, a receipt will be mailed to you from the Congressional District Programs in a few weeks. If your purchase is below $250, please use your canceled check or your credit card statement for tax purposes.
4. What happens to the donation when I purchase a charity gift donation card?
Charity gift card donations are made to the Givft Fund-CDP and later forwarded to the chosen charity beneficiary. Givft Fund-CDP is a tax exempt (Tax ID 65-0970090) donor-advised fund, managed by a third party, the Congressional District Programs of Falls Church, VA. Please note that per IRS indications for donor-advised funds; the donor relinquishes all control over the funds, and there is technically no legal recourse should the funds be directed to a charitable purpose, not in accordance with the desired charity designation. This is to affect the immediate tax deductibility of the donation purchase. In practice, however, we are ethically committed to honoring the recipient's wishes. [go to top]
5. Do charity gift donation cards expire?
To ensure that the donated funds do not lie uselessly dormant, but instead serve a worthwhile purpose, charity gift donation cards expire one year after activation. Upon expiration, funds from unredeemed cards are distributed to predetermined IRS approved charitable organizations – where they can do the most good. [go to top]
6. Who is 360° Giving LLC?
360° Giving LLC is a social enterprise - a financially sustainable company that has a social mission. We incorporated in 2005 to market and license our (patent pending) charity donation cards and other cause-related marketing products.
7. What charities are available for card recipients to choose from?
Please view a sample list of well-known and respected charities we frequently offer with our products and services. We can, however, accommodate donations to thousands of IRS approved charitable organizations. Listings do not imply any affiliation and are solely for the purpose of offering a choice of charities. Please note, charity lists are often largely determined by our distribution partners and thus, very by product. [go to top]
8. When are the funds from ‘spent’ charity gift donation cards distributed?
To keep costs reasonably low, we distribute checks of $100 or more to charities four times a year. Our goal is to distribute donations to charities as efficiently and as soon as practically possible. Our business flow is dependent on merchants and corporate partners that, upon weekly or monthly reconciliations, transfer donated funds to our donor-advised fund. These funds are subject to delays for such reasons as bank errors and credit card company holds and charge-backs. [go to top]
9. Will any personal information be sold to marketers?
No. 360° Giving LLC, the producer of charity gift donation cards, assures you that the identity of all who contact us through this website is kept confidential. [go to top]
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