Updated February 9, 2021
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Use of our Services
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DailyKarma Technology Platform Overview
DailyKarma provides technology that facilitates online charitable giving as part of your everyday shopping and online activity.
We are not a financial, tax, or law firm. Do not rely on the information we provide to assess the implications of using the Services, including tax-deductibility of any donations made using the Services. Consult your own professional advisors.
Shop for Good tool
DailyKarma has developed a unique technology platform that allows e-commerce retailers to promote charitable giving as part of its customers’ shopping experience, by embedding DailyKarma's technology directly into e-commerce websites. DailyKarma facilitates charitable giving by allowing brands to utilize a number of different campaign structures built on the DailyKarma technology platform.
Customers shopping on DailyKarma’s e-commerce partner websites can use the DailyKarma Shop for Good tool to add a donation to support a selected charitable cause by either adding a donation or rounding up their purchase and donating the change. In some cases, the e-commerce retailer offers a discount on customer orders when you donate a preset amount (or your change) to support a selected cause, in which case your donation is not tax-deductible. Customers making donations using the DailyKarma technology on an e-commerce retailer partner’s store will see their donation listed on their e-commerce retailer transaction receipt.
Some e-commerce retailers designate a portion of their sales to support charity. In certain campaigns, you can select from one or more causes to benefit from the donation.
The DailyKarma technology platform allows you to create “Cause Funds” which gives you the power to support your favorite charities in one trackable donation and to share your Cause Fund with others. It is also possible for you to donate to support another user’s Cause Fund. DailyKarma will provide the user with a donation statement based on a calendar year containing donations made through DailyKarma Cause Funds donated to registered charities within the DailyKarma platform. DailyKarma does not provide donation receipts in connection with donations to Cause Funds. All donations are final and may not be refunded. Minimum Cause Fund donation by the creator of the Cause Fund. The minimum donation to a Cause Fund is $10 per charity associated with the Cause Fund.
Minimum Cause Fund donation to another user’s Cause Fund. The minimum donation to a Cause Fund that has been created by another user or DailyKarma is $10 per charity associated with the Cause Fund.
Supporting Selected Causes
DailyKarma has pre-funded a donor-advised fund at The GoodCoin Foundation, so when customers make a purchase or donation powered by the DailyKarma technology, they are directing funds that have already been donated to go to one or more selected causes, while making a new donation. All donations made through the DailyKarma technology go to The GoodCoin Foundation, a 501(c)(3) tax-exempt non-profit (tax ID 47-5570019) (“GoodCoin Foundation”), which processes donations and makes grants to the designated charity(s). GoodCoin Foundation takes all reasonable steps to attempt to grant donated funds to the designated cause(s) selected, however, GoodCoin Foundation retains exclusive legal control over all donations. In the rare cases when a designated cause fails to meet GoodCoin Foundation’s grantmaking requirements (e.g., the charity’s tax-exempt status is revoked or is otherwise not in good standing), GoodCoin Foundation reserves the right to reassign funds to another organization, and will aim to grant the funds to a similar charitable cause.
To view GoodCoin Foundation’s charitable solicitation disclosures, click here.
DailyKarma’s e-commerce retail partners select one or more causes they care about to benefit from its campaigns. Information regarding these organizations is obtained and verified using the database provided on the IRS charity database. DailyKarma is not responsible for the accuracy of the information obtained from the IRS database.
Any nonprofit that does not wish to be included as a beneficiary of DailyKarma campaigns can send an email to firstname.lastname@example.org. DailyKarma will promptly remove your organization from any DailyKarma campaign and our database of eligible causes.
On a monthly basis, DailyKarma collects donations received from its e-commerce partners, and transfers them to the GoodCoin Foundation. GoodCoin Foundation distributes grants to selected causes on a monthly basis. The average time for a grant to be distributed is 45 - 75 days from the date a purchase or donation is made.
When e-commerce retailers install and use the DailyKarma Shop for Good technology under the Entrepreneur plan, a 10% platform fee is assessed on all donations made using the DailyKarma platform. The 10% fee excludes in certain cases, other third-party partner fees. In addition, when the e-commerce retailers transfer the donations generated using the DailyKarma Shop for Good technology via credit card, an additional 2.9% + 30 cent fee is deducted from the aggregate donations. Some e-commerce retailers choose to cover some or all of these costs. As such, after deducting the standard platform fee of 10% and the above mentioned credit card fee, the selected causes typically receive between 87 - 90 cents of every dollar donated.
When e-commerce retailers install and use the DailyKarma Shop for Good technology under the Emerging or Scaling brands plan, the 10% platform fee is not assessed on donations. 100% of the donations will be transferred to charity if the e-commerce retailer covers the credit card fee involved in transferring the aggregate donation amount to DailyKarma.
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About Software in our Services
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Changes to our Fees or Terms of Service
User agrees that its continued use of the Services following changes and/or modifications will constitute acceptance of such changes and/or modifications. Please revisit this Terms of Service regularly to ensure that you stay informed of any changes and/or modifications to this Terms of Service.
By continuing to use any of the DailyKarma software or websites after we post any such changes, you accept the Agreement, as modified.
Changes to our Services
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Business uses of our Services
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