• Posts
  • RSS
  • ◂◂RSS
  • Contact

  • PayPal Giving Fund

    September 26th, 2017
    ea  [html]
    The PayPal Giving Fund seems good enough that I feel like there must be a catch, but looking at it I think it's fine. So either there's something I'm missing, or we should be sending basically all large donations via the fund.

    The idea is, PayPal maintains a 501c3 that you donate to, then they batch the donations and send them on to the charity you chose, and PayPal covers all transaction costs. If you're funding PayPal with a credit card, then you still get the associated rewards (cash back etc). There is administrative overhead for the recipient charity, similar to as if you had sent a check, so it doesn't make sense to do this for small donations, but for large ones it looks like this is a way to donate $10k and then get $150 back from your credit card via PayPal.

    Charities have to sign up for this, and I noticed that the AMF has, so I wrote to them to ask what they thought of it. Rob wrote back:

    Yes, it's a good way of giving as the fees are zero and the admin for us is light. It is on a par with donating via check and bank transfer.

    Currently the AMF recommends check or bank transfer for amounts over $5k, so it sounds like that's the threshold to apply here as well.

    So: is there a reason not to use this?

    Comment via: google plus, facebook

    Recent posts on blogs I like:

    Economics: not as bad as I thought

    Also, it's not all about money. The post Economics: not as bad as I thought appeared first on Otherwise.

    via Otherwise May 13, 2022

    Buckingham Palace

    I love England. Especially because of the big castle called Buckingham Palace. I got to see the outside there, but my mom showed me some pictures of the inside. I love it there. But the outside doesn't look very fancy to me. But I never knew why those …

    via Anna Wise's Blog Posts April 25, 2022

    What is causality to an evidential decision theorist?

    (Subsumed by: Timeless Decision Theory, EDT=CDT) People sometimes object to evidential decision theory by saying: “It seems like the distinction between correlation and causation is really important to making good decisions in practice. So how can a theor…

    via The sideways view April 17, 2022

    more     (via openring)


  • Posts
  • RSS
  • ◂◂RSS
  • Contact