Donor Advised Fund
Charity Exchange is a technology platform that facilitates global charitable giving.
We offer two options for charitable gifting:
(i) a donor advised fund option and
(ii) a global donation matching program.
(i) a donor advised fund option and
(ii) a global donation matching program.
A donor-advised fund (DAF) allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants to charities from the fund over time.
You click on the donate button on the left menu in your account and donate by recommending and selecting a gift be made to the selected charity
You click on the donate button on the left menu in your account and select the charity of your choice. You indicate the donation amount you would like to match. Upon being matched with a donor, your funds are donated to the recommender charity. (The matching occurs automatically based on your recommendation to grant matching funds to the charity.)
No, we do not send funds from one jurisdiction to another. The charity in the other jurisdiction receives a matching donation from a matching donor in their jurisdiction using our matching platform.
It fluctuates based on market price. However, our conversion rates are similar or lower than the currency conversion rates at many major banks.
This will depend on if there is a donation match available in the selected jurisdiction. If there is a match, the donation will occur instantly when you click submit on your donation. If there is no matching funds in the selected jurisdiction, your matching donation will remain as pending until a match is found.
When a Matching donation is created it appears as “pending” until it is paired with a matching donation in the jurisdiction of the selected charity. Once the donations are paired the status will appear as “completed”.
When matching donations are paired with each other, the matching amounts may differ. The matching donation of the larger amount will be split into two. One part is paired and adjusted to match with the other matching donation and the second part remains as pending until a further match is found and paired with the remainder. In some instances, the matching donation may be divided into several matching donations. This will depend on the matching donation amounts available in the charity’s jurisdiction.
If the donation is still "pending" the donation can be canceled and the funds will be redeposited into your account. If the donation has been completed, the donation can not be canceled.
Private Donors – Individual or joint account users.
Corporate Donors – Businesses or corporations.
Charities – Registered charities.
Corporate Donors – Businesses or corporations.
Charities – Registered charities.
You can only send donations to registered charities. A full list of registered charities is accessible through our platform. If the charity is not listed, this may be a sign the charity is not a registered charity and is not eligible to receive donations through the Charity Exchange Platform. If you feel this may be incorrect, please contact Charity Exchange to verify.
You can only grant a donation to charities that are listed on the Charity Exchange Platform.
Even if a charity is listed as a registered charity, the charities must register with Charity Exchange (claim their account) to received the funds. A popup window will appear indicating if the charity is not registered with Charity Exchange. You can still donate to the charity but they will need to register to claim their funds.
You can only grant a donation to charities that are listed on the Charity Exchange Platform.
Even if a charity is listed as a registered charity, the charities must register with Charity Exchange (claim their account) to received the funds. A popup window will appear indicating if the charity is not registered with Charity Exchange. You can still donate to the charity but they will need to register to claim their funds.
To donate you must first fund your account. There are several options to fund your account. Please see the Donor and Charity FAQ page for more details.
We offer several options in different countries. Some funding options are through Credit card, check, wire transfer, eTransfer or Zele.
For charities, if you have received a donation from a donor, you can use those funds to donate to other charities on our platform.
For charities, if you have received a donation from a donor, you can use those funds to donate to other charities on our platform.
Depends on the method used to fund your account there may be a delay for your funds to become available in your account.
Below are the average times for funds to clear/appear into your wallet/account.
Cheque deposit: Same day. At times, can take up to 6 business days. (From the time it is recieved)
eTransfer or Zelle: 30-60 minutes. At times, can take up to 3 business days.
Wire/ACH/EFT: Same day. At times, can take up to 3 business days.
Credit Card: Imediately.
PayPal: Same day. At times, next business day.
Below are the average times for funds to clear/appear into your wallet/account.
Cheque deposit: Same day. At times, can take up to 6 business days. (From the time it is recieved)
eTransfer or Zelle: 30-60 minutes. At times, can take up to 3 business days.
Wire/ACH/EFT: Same day. At times, can take up to 3 business days.
Credit Card: Imediately.
PayPal: Same day. At times, next business day.
Some funding options are free while others have a funding fee. When you select a funding option in your account you will see if there is any fee associated with that option. Generally, checks, eTransfer or Zele are free. Some of the other funding options may have a fee associated with them.
The is no annual or monthly fee for opening a Charity Exchange account. However, there is a 3% donation processing fee to donate using the platform. The fees are clearly shown for each transaction.
If the charity has registered and opened an account with Charity Exchange, they will receive automated email notifications for every donation received.
If the charity has not registered with Charity Exchange, then we will try to notify the charity through the available contact details the donor provides or through the contact details in the charity listing. We strongly encourage donors to notify their charity of choice to register with Charity Exchange to access and keep track of their donation progress in real time.
If the charity has not registered with Charity Exchange, then we will try to notify the charity through the available contact details the donor provides or through the contact details in the charity listing. We strongly encourage donors to notify their charity of choice to register with Charity Exchange to access and keep track of their donation progress in real time.
The foundation, in the donor’s jurisdiction, issues the tax receipt. Charity Exchange operates a donor advised fund where the donor makes a gift to the foundation in their jurisdiction. The foundation grants the gift in accordance with the donor’s recommendations.
Please review the Donation Terms of Understanding for more information.
Please review the Donation Terms of Understanding for more information.
Deposits into My Wallet: Funds remain in your wallet until you make a recommendation for a donation. Once a donation is made and completed, the foundation issues a tax receipt for the donation.
Deposit into My Foundation Account: The foundation issues the tax receipt immediately upon receipt of funds and holds the funds in the foundation account until you recommend a donation and or matching grant be made.
Deposit into My Foundation Account: The foundation issues the tax receipt immediately upon receipt of funds and holds the funds in the foundation account until you recommend a donation and or matching grant be made.
Charity Exchange is a technology platform that facilitates global charitable giving.
We offer two options for charitable gifting:
(i) a donor advised fund option and
(ii) a global donation matching program.
(i) a donor advised fund option and
(ii) a global donation matching program.
A donor-advised fund (DAF) allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants to charities from the fund over time.
You click on the donate button on the left menu in your account and donate by recommending and selecting a gift be made to the selected charity
You click on the donate button on the left menu in your account and select the charity of your choice. You indicate the donation amount you would like to match. Upon being matched with a donor, your funds are donated to the recommender charity. (The matching occurs automatically based on your recommendation to grant matching funds to the charity.)
No, we do not send funds from one jurisdiction to another. The charity in the other jurisdiction receives a matching donation from a matching donor in their jurisdiction using our matching platform.
It fluctuates based on market price. However, our conversion rates are similar or lower than the currency conversion rates at many major banks.
This will depend on if there is a donation match available in the selected jurisdiction. If there is a match, the donation will occur instantly when you click submit on your donation. If there is no matching funds in the selected jurisdiction, your matching donation will remain as pending until a match is found.
When a Matching donation is created it appears as “pending” until it is paired with a matching donation in the jurisdiction of the selected charity. Once the donations are paired the status will appear as “completed”.
When matching donations are paired with each other, the matching amounts may differ. The matching donation of the larger amount will be split into two. One part is paired and adjusted to match with the other matching donation and the second part remains as pending until a further match is found and paired with the remainder. In some instances, the matching donation may be divided into several matching donations. This will depend on the matching donation amounts available in the charity’s jurisdiction.
If the donation is still "pending" the donation can be canceled and the funds will be redeposited into your account. If the donation has been completed, the donation can not be canceled.
Private Donors – Individual or joint account users.
Corporate Donors – Businesses or corporations.
Charities – Registered charities.
Corporate Donors – Businesses or corporations.
Charities – Registered charities.
You can only send donations to registered charities. A full list of registered charities is accessible through our platform. If the charity is not listed, this may be a sign the charity is not a registered charity and is not eligible to receive donations through the Charity Exchange Platform. If you feel this may be incorrect, please contact Charity Exchange to verify.
You can only grant a donation to charities that are listed on the Charity Exchange Platform.
Even if a charity is listed as a registered charity, the charities must register with Charity Exchange (claim their account) to received the funds. A popup window will appear indicating if the charity is not registered with Charity Exchange. You can still donate to the charity but they will need to register to claim their funds.
You can only grant a donation to charities that are listed on the Charity Exchange Platform.
Even if a charity is listed as a registered charity, the charities must register with Charity Exchange (claim their account) to received the funds. A popup window will appear indicating if the charity is not registered with Charity Exchange. You can still donate to the charity but they will need to register to claim their funds.
To donate you must first fund your account. There are several options to fund your account. Please see the Donor and Charity FAQ page for more details.
We offer several options in different countries. Some funding options are through Credit card, check, wire transfer, eTransfer or Zele.
For charities, if you have received a donation from a donor, you can use those funds to donate to other charities on our platform.
For charities, if you have received a donation from a donor, you can use those funds to donate to other charities on our platform.
Depends on the method used to fund your account there may be a delay for your funds to become available in your account.
Below are the average times for funds to clear/appear into your wallet/account.
Cheque deposit: Same day. At times, can take up to 6 business days. (From the time it is recieved)
eTransfer or Zelle: 30-60 minutes. At times, can take up to 3 business days.
Wire/ACH/EFT: Same day. At times, can take up to 3 business days.
Credit Card: Imediately.
PayPal: Same day. At times, next business day.
Below are the average times for funds to clear/appear into your wallet/account.
Cheque deposit: Same day. At times, can take up to 6 business days. (From the time it is recieved)
eTransfer or Zelle: 30-60 minutes. At times, can take up to 3 business days.
Wire/ACH/EFT: Same day. At times, can take up to 3 business days.
Credit Card: Imediately.
PayPal: Same day. At times, next business day.
Some funding options are free while others have a funding fee. When you select a funding option in your account you will see if there is any fee associated with that option. Generally, checks, eTransfer or Zele are free. Some of the other funding options may have a fee associated with them.
The is no annual or monthly fee for opening a Charity Exchange account. However, there is a 3% donation processing fee to donate using the platform. The fees are clearly shown for each transaction.
If the charity has registered and opened an account with Charity Exchange, they will receive automated email notifications for every donation received.
If the charity has not registered with Charity Exchange, then we will try to notify the charity through the available contact details the donor provides or through the contact details in the charity listing. We strongly encourage donors to notify their charity of choice to register with Charity Exchange to access and keep track of their donation progress in real time.
If the charity has not registered with Charity Exchange, then we will try to notify the charity through the available contact details the donor provides or through the contact details in the charity listing. We strongly encourage donors to notify their charity of choice to register with Charity Exchange to access and keep track of their donation progress in real time.
The foundation, in the donor’s jurisdiction, issues the tax receipt. Charity Exchange operates a donor advised fund where the donor makes a gift to the foundation in their jurisdiction. The foundation grants the gift in accordance with the donor’s recommendations.
Please review the Donation Terms of Understanding for more information.
Please review the Donation Terms of Understanding for more information.
Deposits into My Wallet: Funds remain in your wallet until you make a recommendation for a donation. Once a donation is made and completed, the foundation issues a tax receipt for the donation.
Deposit into My Foundation Account: The foundation issues the tax receipt immediately upon receipt of funds and holds the funds in the foundation account until you recommend a donation and or matching grant be made.
Deposit into My Foundation Account: The foundation issues the tax receipt immediately upon receipt of funds and holds the funds in the foundation account until you recommend a donation and or matching grant be made.
