We are committed to giving back.
The pledge fund is our way of giving back to our users. With our fund, we contribute matching funds to pledges made by users! In fact, we invest 20% of our annual revenue back into our user’s causes because we care about you, our users!
If we were like a traditional startup, we would spend a ton of money on marketing to get new users and to tell them just how amazing GiveMore is. This didn't sit well with us. We would rather see those funds go to and support great causes. So that is what we are doing! It is our belief that doing good will get us further and encourage people to GiveMore. We can't do this alone however and we need your help!
Rather than direct where these funds go ourselves, we want you (our users) to help us choose!
Our aim is to reward activities that help us grow.
Opt into receiving pledges from The Pledge Fund and once you have raised at least $5,000 you will receive $600 added to your pledge fund balance spread out over 5 years. That comes out to $10 a month to pledge to a cause of your choice for 60 months!
There are expenses that we need to cover in order to operate and expand. To help pay for them we have set up a self-funding campaign. In return for contributing to GiveMore directly, you will receive the amount of your donation added to your pledge fund balance over the following 5 years. So if you believe in our mission, support our growth and contribute today.
From time to time we will run social media promotions. So follow us on Facebook and spread the word.
Once you have at least $5, you can pledge to any cause of your choice that is participating in The Pledge Fund. Pledges can be a powerful incentive to encourage your friends and family to support the causes that matter to you. So once you pledge, share with your friends.
Can I withdraw my pledge balance? Simply put, no. When you pledge to a cause on behalf of The Pledge Fund and they are matched, the funds transfer between GiveMore and the receiving organization. The only way to use your pledge balance is to put the funds to work by pledging them to a cause you would like us to support.
Once a pledge has been matched by donors, it then gets paid out to the receiving cause as funds are available. We cut checks monthly for campaigns with a balance over $10. Our goal is to keep the pledge fund as close to $0 as possible because stockpiling funds isn't helpful to anyone. With that said, campaigns must opt-in to participate as there will be times when campaigns will need to wait for revenue to replenish The Pledge Fund.