G1VE FAQ2019-01-31T13:21:53+00:00

FAQs

General

A registered public Benefit corporation (“B-Corp”), G1VE is a new way for businesses to easily donate a percentage of their monthly revenue to their favorite nonprofits, strengthen their brand, and align with their customers and communities.

G1VE was created by a happy band of technology-loving idealists! We come from a range of backgrounds, including the small business and corporate world. We created G1VE because we believe in the value of businesses giving back to their communities, and in the value of informing and encouraging communities to support those businesses in return!

Businesses using G1VE commit to giving a specific percentage of their revenue, usually 1% — hence the “1” in our name.

Using G1VE is easy: You choose the percentage of revenue you wish to give each month, which nonprofits you support, and how much of your overall donation goes to each. Then G1VE takes care of the rest: securely integrated into QuickBooks Online, each month the G1VE system calculates your overall donation amount based on your prior month’s revenue figure in QuickBooks. G1VE then collects and distributes your donation to the nonprofits you’ve chosen, provides you monthly reports and records for tax time, and creates a customizable profile page you can use to showcase your giving to your customers and community. For more details, please see the “How G1VE Works” section below.

There are several advantages of using G1VE:

Ease — You can donate to one or several nonprofits at once; plus, track and manage all your donations from a secure, single location. G1VE also provides you with consolidated records to make tax-time easier for you and your accountant.

Awareness — Do your customers, and potential customers, know you support nonprofits today? Now your giving is verifiable by an objective, third-party source and, with your customizable profile page, you can showcase your giving to your customers and community. 

Efficiency — By leveraging technology, G1VE automates the giving process and “pushes” donations to nonprofits. That means nonprofits can spend less on fund-raising (i.e., on “pulling” donations) and more on their mission cause. Also, recurring monthly donations help nonprofits more accurately budget and forecast, increasing their efficiency.

Yes. Currently, we are only integrated into US QuickBooks Online. We’ll be expanding our integration into QuickBooks Online outside of the US soon. We will also be integrating into additional accounting systems in the future! If you don’t use US QuickBooks Online and would like us to notify you of future integrations, please email us at hello@G1VE.org.

Yes! Any type of business, in any type of industry, and of any size can use G1VE. Whether you’re brick-and-mortar, online, or both, and whether you’re “business to business” or “business to consumer”, you can use G1VE. As long as you use QuickBooks Online and are US-based, G1VE is the best way to support nonprofits and align with your customers and community.

Usually the portion distributed to your nonprofits is deductible (as a charitable contribution), and the portions withheld for Stripe’s processing fees and G1VE’s fee are also deductible (as a marketing/advertising expense), but because every situation is different, we recommend consulting your tax professional to confirm the correct filing for your business.

How G1VE Works

A registered public Benefit corporation (“B-Corp”), G1VE is a new way for businesses to easily donate a percentage of their monthly revenue to their favorite nonprofits, strengthen their brand, and align with their customers and community. G1VE is a clearinghouse of numerous nonprofits, enabling businesses to manage their giving in a single, secure location and promote their giving to their customers and communities.

Integrated with QuickBooks’ Single Sign-On, joining is easy: from G1VE’s page on the QuickBooks App Store click the “Get App Now” button, or from G1VE’s website, click the “Sign Up” button.

Three Areas:

  1. Secure Sign-In: QuickBooks users sign up with G1VE using their Single Sign-On (for security, QuickBooks only provides an encrypted token to G1VE; G1VE does not have access to nor does it store your Single Sign-On information).
  2. Auto-Populated Data: Using QuickBooks’ secure APIs, G1VE makes joining fast and easy by auto-populating your business name, address, and contact info from QuickBooks into your G1VE profile. G1VE stores this data as part of your profile (which you can edit anytime if you like. Please note those edits do not go back to QuickBooks).
  3. Calculate your Donation Amount: Via its secure integration with QuickBooks Online, each month the G1VE system uses your monthly revenue total for the prior month to calculate your Monthly Donation Amount, and securely stores it to provide you with a history of your monthly donations, so you can track all of your giving in one secure location.

With G1VE, businesses donate a percentage of their choice (most do 1%) of their monthly revenue to Charity. When you join G1VE, you choose:

a] The overall percentage of gross revenue you’d like to donate each month;

b] Which nonprofits you’d like to donate to; and

c] What portion of your overall donation you’d like each of them to receive (e.g. 20% to Nonprofit A, 65% to Nonprofit B, and 15% to Nonprofit C).

Then G1VE does the rest: calculating, collecting, and distributing your donations each month based on your G1VE profile settings.

By securely integrating with QuickBooks Online, the G1VE system multiplies your QuickBooks monthly revenue total (for the prior month) by your Pledge Percent (the overall percentage you’ve chosen to donate), and the resulting figure is your Monthly Donation Amount. Since your revenue likely varies each month, your Monthly Donation Amount also varies each month.

G1VE uses Stripe, a leader in processing online payments, to collect your Monthly Donation Amount on the 17th of each month via the credit/debit card you have on file.

When you join G1VE, you select your nonprofits and how much of your Monthly Donation Amount is allocated to each (e.g. 20% to Nonprofit A, 65% to Nonprofit B, and 15% to Nonprofit C). After collecting your Monthly Donation Amount, G1VE divides it based on your chosen allocations and distributes it to your selected nonprofit(s). G1VE then provides you with reports of all distributions for tax time.

G1VE creates a private profile page for businesses using its services, which you log into using your secure QuickBooks Single Sign-On credentials. On your private profile, you can adjust your Pledge Percent (i.e. the overall percentage you’d like to donate each month), your selected nonprofits, and how much of your Pledge Percent you’d like allocated to each. You can also update your contact information (name, address, etc), your credit card information, as well as manage the settings for your public-facing profile page (see below for more details).

G1VE provides a secure, consolidated report of your all your donations. Simply log into your private profile page and select the reports link to view your giving history.

G1VE showcases every participating business by creating a public-facing profile page. As a G1VE user, you control how much of your giving-related information you’d like to share publicly, and how much you’d prefer to keep confidential. In your private profile settings, you can choose to share or not share: your business name, address, contact information, business description, images, and logo, your Pledge Percent, your Monthly Donation Amounts, and your selected nonprofits.

Your public profile represents a 3rd-party verification of your business’s commitment to charitable giving! You can share this page anywhere. We suggest including it in your newsletter, social media, email signature, and website. Let your customers know you’re a social enterprise!

Pricing

In almost all cases, 94% of your Monthly Donation Amount goes directly to your nonprofits!

  • Stripe processing Fee: 2.9% + $0.30 cents
  • G1VE Fee: 3% (minimum $9.99)

Fees are deducted from your Monthly Donation Amount.

See G1VE’s Service Fee FAQ for more details and examples.

Nope! We believe in transparency, and our fee structure is outlined above and is also published in greater detail (including examples) in G1VE’s Service Fee FAQ (located on the G1VE website here).

No. Using G1VE is month-to-month, and businesses can join (or stop) whenever they wish.

Yes, you can choose to skip your donation anytime before the 17th.

Yes – unless you’ve chosen to skip your donation – a minimum donation of $25.00 will be collected and distributed each month.

For example, if your revenue for the previous month is $2,000 and your Pledge Percentage is 1%, rather than $20, a minimum donation of $25 will be collected.

Nonprofits

G1VE’s portfolio of nonprofits continues to grow (see the current list here)!

Nonprofits must be verifiable 501(c)(3)’s in good standing to be eligible to join G1VE.

You can recommend a nonprofit by emailing us at hello@G1VE.org. Please include the nonprofit’s name and if known, their website address and we’ll reach out to them. Please note nonprofits must be verifiable 501(c)(3)’s in good standing to be eligible to join G1VE.

Excellent! Please contact us at hello@G1VE.org. Please note nonprofits must be verifiable 501(c)(3)’s in good standing to be eligible to join G1VE.

Support

We are happy to help you! We can be reached by email at support@G1VE.org or by phone at 303-424-8551 from 8:00 am to 6:00 pm Mountain Time M-F. We respond to inquiries within one business day.

Please contact us by email at hello@G1VE.org or by phone at 303-424-8551. We’d love to hear from you!

Careers

We’re growing and always on the lookout for great people to join our team! Please contact us at careers@G1VE.org.