How do donations flow through Millie?

Donation payments are processed by Stripe (an industry-leading payment processor) and are received directly by our donor-advised fund (DAF) partner Percent Impact Foundation (EIN: 87-3165286). Donations are then disbursed from Percent Impact Foundation to the nonprofits.

Utilizing a donor-advised fund ensures the payment is always considered a donation, allows tax-deductible eligibility, and gives the donor the opportunity to create a mini donor-advised fund, doing all their giving in one place.

What are the Fees?

DAF

Percent Impact Foundation’s fee is 1.5%.

Payment Processor

Stripe fees depend on the payment method. The breakdown is:

Example

Employee donates $100 via their Mastercard, and employer matches $100 via ACH…

• The fees on the employee’s donation are $2.50 from the payment processor and $1.50 from the DAF.
• The fees on the employer’s match are $0.80 from the payment processor and $1.50 from the DAF.
• The nonprofit receives a total of $193.70.

How are payments delivered to nonprofits?

Our donor-advised fund partners make donation payments out to nonprofits at the end of each month, provided they have amassed more than $45 in donation balance (their total raised across Millie and from Percent’s other partners).

That said, if the balance has not reached $45 within 365 days, Percent will also process the payment at that time. Donors are also able to get in touch with Percent’s support team in order to expedite donations.

If the nonprofit is onboarded to Percent’s platform, Percent will deliver funds to them via electronic payment, typically within 15-45 days of them reaching $45 in donations.

If the nonprofit is not onboarded to Percent’s platform, Percent will make efforts to onboard them, typically for 30 days. If they have not onboarded after this time, Percent will then attempt to pay them via check.

Where this is not possible (for some countries, or where the check can’t be delivered), we will reassign funds to a nonprofit with a similar mission and geography.

For more information, see Percent’s Donation Delivery Policy and Undeliverable Donation Policy.

What happens if my donation is for an urgent appeal?

If your donation is for an urgent appeal, where time is of the essence, Percent will aim to deliver funds on an expedited schedule, via check or electronic payment.

I’m a nonprofit - how do I onboard to Percent?

To onboard to Percent, simply:

1. Search for and ‘claim’ your nonprofit here: https://causes.poweredbypercent.com/
2. Once your account is verified (in 1-2 days), you will receive a confirmation email. You can then log into your account to add your payment details to receive donations.

If you have any questions on Percent, see their help page: https://poweredbypercent.zendesk.com

Are there any fees to onboard with Percent?

There is no cost, either to onboard, or remain on Percent.