Justgiving
 |
|
| Just Giving | |
| Limited company | |
| Founded | 2000 |
| Founder | Dame Zarine Kharas (CEO) Anne-Marie Huby (managing director) |
| Headquarters | Bankside, London, England, UK |
| Revenue | £14m (2011) |
| £1.5m (2011) | |
|
Number of employees
|
120 |
| Website | justgiving |
JustGiving is a global online social platform for giving. The firm's headquarters are located in Bankside, London.
In 2000, Zarine Kharas and Anne-Marie Huby founded JustGiving, a company to provide online tools and processing services to enable the collection of charitable donations. The company's website allowed people to donate to charities registered with the site with a credit or debit card online, and offered people doing sponsored events the chance to build their own webpage to collect sponsorship from supporters.
2006 was JustGiving's first profitable year.
In June 2011, JustGiving claimed that it had provided its service for more than 9,000 UK registered charities and 1.9 million fundraising pages for users, collecting over £770 million since launch. The cumulative total passed £1 billion in March 2012.
In the UK, donations by individuals are treated as being given after the deduction of income tax at the basic rate (20% in 2011), and charities can reclaim the basic rate income tax paid on the gift from HMRC via Gift Aid.
Charities that register on the JustGiving site complete the necessary legal forms to authorise JustGiving to request the tax from HMRC on the charities' behalf. JustGiving then automates the reclaiming of Gift Aid on individual donations made through its website, and passes this on to the charities. 85% of donations through the site are eligible for Gift Aid tax relief.
JustGiving charges a 5% fee on donations to cover the cost of running the business. The fee does not include card processing fees, which are deducted additionally.
For donations that are eligible for Gift Aid, the 5% is charged on the reclaimed tax as well as on the original donation, and the fees are deducted only once the claim has been settled by HMRC.
Additionally, charities have to be registered with JustGiving to receive donations. Charity registration required a monthly subscription fee of £15 since 1 April 2002, regardless of whether any donations are made. Justgiving has just announced (Justgiving email August 3 2016) that charities receiving more than £15,000 per annum will from September 2016 pay £39 a month plus VAT, up from the £15 a month previously. Charities raising up to £15,000 a month (Gift Aid included) will continue to be charged £15 a month plus VAT.
JustGiving Foundation has a "Use of 'Limited' exemption" status in the UK. This requires it to meet all of the following conditions.
In May 2011, JustGiving launched JustTextGiving in conjunction with Vodafone, which allows mobile phone user to donate between £1 and £10 to a charity using a SMS message, which is paid for by the donor through reverse SMS billing. Vodafone invested £5 million to ensure that charities do not incur any set-up costs, or commissions deducted from donations, ensuring that they receive 100% of donations.
...
Wikipedia