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Better Giving Inc

Rosendale, NY · EIN 873758939 · Form 990 · FY2024 · NTEE T12 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$2.0M
expenses
$1.6M
net assets
$454K
employees
0
volunteers
2
program ratio
84%
mission · from form 990

Better Giving is a nonprofit dedicated to expanding financial access digital giving capacity and long-term sustainability for organizations of every size and mission. We provide free high-converting online donation processing and support all major gift typesincluding card ACH stock DAF and cryptoso nonprofits can accept more contributions with less friction and no platform fees. Our integrated savings accounts and professionally managed Sustainability Fund help teams build reserves strengthen financial stability and grow future capacity. We reduce administrative burdens through automated tax receipts unified reporting donor tools and simple embeddable forms. As a member-powered commons we offer transparent equitable infrastructure and fiscal sponsorship for international nonprofits. Our mission is to help nonprofits raise more today grow funds for tomorrow and keep more resources focused on charitable impact.

profile · synthesized from sources

Better Giving Inc is a nonprofit based in New York that provides financial infrastructure to strengthen the sustainability of other charitable organizations. It offers free online donation processing for all major gift types—including credit card, ACH, stock, DAF, and cryptocurrency—and supports nonprofits with FDIC-insured savings accounts and a professionally managed Sustainability Fund. The organization also provides fiscal sponsorship, particularly for international and emerging nonprofits, enabling them to receive tax-deductible contributions and operate with compliant financial oversight.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $138K
    Program: Financial Growth Services for Nonprofits Savings & Investment Fund. Better Giving provides nonprofits with accessible low-cost financial growth services designed to strengthen long-term stability build healthy reserves and expand organizational capacity. This program includes two integrated offerings: an FDIC-insured Savings option for short- and medium-term reserves and a professionally managed Sustainability Fund designed to support long-term growth for mission-driven organizations. Together these services form a comprehensive financial empowerment program that enables nonprofits of all sizes to steward resources responsibly operate with greater confidence and support future mission priorities. Through our Savings program nonprofits can hold idle or unallocated funds in interest-bearing accounts that help preserve purchasing power and reduce financial vulnerability. Many small and mid-sized organizations lack access to straightforward nonprofit-specific savings tools or face administrative hurdles in opening and managing multiple accounts. Better Giving simplifies this process by providing a centralized user-friendly structure in which organizations can allocate funds for reserves upcoming program needs or general stability. Funds held in Savings are FDIC-insured up to applicable limits ensuring that organizations can maintain secure and risk-appropriate reserves without additional administrative work. Our Sustainability Fund supports nonprofits seeking long-term financial growth by offering access to a pooled investment vehicle managed by professional advisors. Many nonprofits-especially those without large endowments or investment committees-lack the expertise or resources required to participate in diversified investment strategies. This program removes those barriers by providing an accessible pathway to long-term growth with clear reporting prudent oversight and an emphasis on helping organizations build durable financial resilience. While investment results are not guaranteed the Fund is structured to give nonprofits an opportunity to grow reserves over time so they can better weather economic fluctuations pursue multi-year projects and sustain mission-critical operations. Both the Savings and Sustainability Fund programs are integrated directly into Better Givings platform allowing nonprofits to track contributions grant inflows reserve allocations and investment balances in a unified environment. We provide reporting tools statements and administrative support to ease back-office burden and reduce the need for additional vendors or financial intermediaries. By simplifying the management of both liquid reserves and long-term funds this program empowers nonprofits to make informed financial decisions while maintaining compliance and transparency. As a nonprofit ourselves Better Giving provides these financial growth services without platform or fund-management fees and has no minimum requirements ensuring equitable access for organizations regardless of size budget or prior financial sophistication. This program strengthens the nonprofit sector by democratizing access to financial stewardship tools traditionally available only to larger organizations thereby allowing charities to focus more resources on mission while building long-term security and capacity. Expenses reported here reflect the operational administrative and technological infrastructure required to provide these services.
  2. #2 $92K
    Program: Fiscal Sponsorship. Better Giving provides fiscal sponsorship services that enable mission-aligned charitable initiatives-particularly international nonprofits and emerging community projects-to receive U.S. tax-deductible contributions and access compliant transparent financial management without needing to establish their own U.S. 501c3 entity. This program expands access to the U.S. philanthropic landscape lowers administrative and regulatory barriers for smaller or non-U.S. organizations and ensures that charitable projects around the world can benefit from resources donors and opportunities that would otherwise be inaccessible. As part of this program Better Giving conducts due diligence to confirm that sponsored organizations and sponsored activities meet IRS requirements for charitable purpose public benefit and allowable use of funds. We oversee gift acceptance maintain donor records and ensure that funds received for sponsored partners are used exclusively for their stated charitable activities. This includes compliance measures related to expenditure responsibility anti-money-laundering controls organizational verification and ongoing monitoring. For international nonprofits our fiscal sponsorship program serves as a gateway to U.S. philanthropy allowing supporters to give tax-deductible donations while ensuring that funds are stewarded responsibly and distributed in accordance with U.S. charitable standards. Many international organizations-especially those operating in developing regions or without access to sophisticated financial infrastructure-lack the ability to receive U.S. charitable contributions directly. By sponsoring these organizations Better Giving bridges that gap expanding the reach of global charitable work and ensuring that high-impact initiatives can connect with donors who care deeply about their missions. For domestic initiatives Better Givings fiscal sponsorship program provides a home for new emerging or project-based charitable efforts that have not yet established their own nonprofit entity. Rather than navigating the lengthy and complex process of forming and maintaining a standalone 501c3 sponsored projects receive administrative support donation processing fund management and access to Better Givings broader charitable infrastructure. This allows project leaders to focus on program execution community engagement and direct impact while we handle the administrative responsibilities that ensure compliance and accountability. All fiscal sponsorship partners receive access to Better Givings donation platform including support for ACH card stock and crypto contributions; automated tax documentation; unified reporting; and grant disbursement. Funds are held and managed in accordance with IRS rules for sponsored projects and disbursements are made only for approved charitable purposes. Our team provides clear documentation transparent financial records and ongoing review to ensure that sponsored organizations and projects maintain appropriate stewardship and alignment with their charitable objectives. As a nonprofit ourselves Better Giving provides fiscal sponsorship without platform fees removing financial barriers that often prevent small or emerging initiatives from participating in compliant U.S. fundraising. This program strengthens global and local charitable ecosystems by expanding access reducing administrative burden and supporting organizations that need a sponsor in order to pursue meaningful mission-driven work. Expenses reported here include program administration compliance oversight partner support and grant distributions made on behalf of sponsored organizations and projects.
named programs · 2 · from sources

What they call their work

Financial Growth Services for Nonprofits
Provides nonprofits with FDIC-insured savings accounts and access to a professionally managed Sustainability Fund to build financial reserves and long-term stability. Designed for organizations lacking investment capacity or secure savings options.
Fiscal Sponsorship
Enables international and emerging charitable initiatives to receive U.S. tax-deductible donations by serving as their 501(c)(3) fiscal sponsor, with compliance oversight, donor recordkeeping, and expenditure responsibility.
activities · 2 groups

What they do

  • Credit Union Financial Services 1 activity
    • Provides FDIC-insured savings accounts and Sustainability Fund for nonprofits
      Offers FDIC-insured savings accounts and a professionally managed Sustainability Fund to help nonprofits build financial reserves and achieve long-term financial stability.
  • Uncategorized 1 activity
    • Provides fiscal sponsorship services for international and emerging nonprofits
      Enables international and emerging nonprofits to receive U.S. tax-deductible donations and access compliant financial management through fiscal sponsorship services.
financials · form 990 · fy2024
revenue
Total revenue$1.96M
Contributions & grants$1.95M99%
Program service revenue$00%
Investment income$13K1%
Other revenue$0
expenses
Total expenses$1.65M
Program expenses84%
Admin / overhead15%
Fundraising1%
Salaries & benefits$261K
Grants paid out$1.16M
Largest expense lineCompensation
balance sheet
Total assets$454K
Cash$301K
Investments$153K
Liabilities$0
Net assets$454K
Liquid reserves3.3 mo
2 years on record · 2023–2024 · YoY revenue +1393.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
Chauncey St John President 60 $144K
Timothy Stirrup Treasurer 40 $91K
Pallav Vora Secretary 10 $26K
relationships · 1

Who they work with

  • international nonprofits Partner — Provides fiscal sponsorship and financial infrastructure to international nonprofits to access U.S. tax-deductible giving.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Administrative Burden Reduction
    methodology: administrative burden reduction
    By automating tax receipts, unifying reporting, and providing embeddable donation tools, we improve nonprofit operational efficiency, because reducing administrative load frees resources for mission-focused work.
  • Member-Powered Commons Model
    methodology: member-powered commons
    By organizing as a member-powered commons, we enable equitable access to financial infrastructure, because collective ownership reduces cost barriers and aligns incentives to maximize charitable impact.