Who We Are
FAQGet answers to the most frequently asked questions. Not satisfied? Drop us a line!
The first non-profits we've selected are just some local favorites from our team. However, we'll soon be opening it up to your suggestions, letting the community vote and pick where donations go!
While we're getting started, it's extremely affordable! Sponsorships are exclusive for a 24 hour period, and we charge based on users and impressions. Best of all, we'll give discounts early on in exchange for feedback.
Our sponsorships are great for app developers and other online services. To learn more, check out our sponsorship page.
Well, nothing yet... but everything has to start somewhere! We just launched on September 9th 2017, but we will make donations equivalent to 50% of the revenue received from the previous month (a net 30 payment system).
Our first donation will be made at the end of October - and we'll post all donation confirmations to our website once available.
The minimum donation we'll make to each charity will be $25. If we don't have enough sponsorship dollars to cover a donation period, our team will chip in the difference.
There are a couple of reasons:
1) Our organization is not classified as a non-profit, so the IRS limits our charitable contribution deductions to 50% of our Adjusted Gross Income. This means we'd pay taxes on donations higher than 50% of what we earn - which is money we think can be put to better use.
2) Our awesome team has funded DollarUp out of their own pockets and spare time. We're normal working people with a passion project, so we'll use the extra funds to cover ongoing technology costs and (hopefully) help us recoup some of the startup costs!
Down the road, we plan to restructure payments so the money flows directly from the sponsors to the charities to avoid IRS restrictions - but we need to get ourselves set up first :)
No, but you should always be skeptical!
We never require any personal or payment information for you to use DollarUp. Our revenue and donations are derived from simple display advertisements (at no cost to you). We're just getting started, so we'll post proof of our first round of donations at the end of October 2017.
If you're looking for a charity to donate to, but want to be sure your money is being spent effectively - we recommend checking out GiveWell.
If you have any worries or questions, please let us know!