Does Philanthropist.org make money off of its members’ socially-minded endeavors?
Yes. Philanthropist.org imparts an extremely modest 3% facilitation fee on all transactions. 3% facilitation fee is a standard amount in the non-profit and social causes industry. That being said, please keep in mind that if the 3% facilitation fee does not “pay our bills”, then the company loses money. Just like members must find a way to make their endeavors economically feasible, Philanthropist.org itself must continually find ways to make our endeavor economically feasible. However, in the interest of social causes, Philanthropist.org was established with a self-cannibalizing profit structure, meaning the bigger the company gets, the fewer profits its shareholders make. Please see our charter and mission statement (insert link) to understand why profit and social responsibility are entirely compatible in the Philanthropist.org business model.
