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THE BONO WAY CHARITABLE FOUNDATION
NEW YORK, NY · EIN 933886495 · Form 990EZ · FY2023 · NTEE T12 · Philanthropy & Grantmaking · Micro (<$100K) · bono.so
revenue
$0
expenses
$0
net assets
$0
employees
—
mission · from form 990

THE MISSION OF THE ORGANIZATION IS TO MAKE CHARITABLE GIVING EASY, ACCESSIBLE, AND MEANINGFUL, ENSURING THAT EVERYONE CAN PARTICIPATE IN BUILDING A BETTER WORLD.

profile · synthesized from sources

The Bono Way Charitable Foundation is a nonprofit organization based in New York that facilitates charitable giving through a technology platform. It enables users to set up monthly donations and select preferred causes, then distributes those funds to pre-approved nonprofit organizations aligned with the chosen causes. The foundation provides impact reports and operates an online portal to streamline accessible, meaningful philanthropy.

named programs · 2 · from sources

What they call their work

Impact Reporting
Provides users with periodic reports detailing the impact of their donations, including updates on supported causes and organizations.
Monthly Giving Plan
Enables users to set up recurring monthly donations, select preferred causes, and have their contributions distributed to approved nonprofit organizations by Bono.
activities · 2 groups

What they do

  • Digital Donation Processing Platforms 3 activities
    • Funding selected nonprofit organizations based on user-chosen causes
      Uses user-contributed funds to make donations to selected nonprofit organizations aligned with causes chosen by donors, distributing contributions after deducting only payment processing fees.
    • Operating a browser-based giving platform with AI-driven charity matching
      Provides a Chrome extension and browser-based giving platform that uses AI to match users' online reading content to vetted charities and facilitates seamless monthly donations.
    • Processing donations and issuing tax-deductible receipts
      Processes charitable donations through Stripe, covers payment processing fees for charities, and issues tax-deductible receipts to U.S. taxpayers for all contributions processed.
  • Annual Impact and Evaluation Reporting 1 activity
    • Providing measurable impact reporting on funded outcomes
      Generates impact reports that track and communicate outcomes such as meals provided, trees planted, animals rescued, and other quantified results of funded programs.
financials · form 990EZ · fy2023
revenue
Total revenue$0
Contributions & grants——
Program service revenue——
Investment income——
Other revenue—
expenses
Total expenses$0
Program expenses—
Admin / overhead—
Fundraising—
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balance sheet
Total assets$0
Cash—
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Net assets$0
1 years on record · 2023–2023
leadership · form 990 part vii · fy2023

Who runs it

board members · 4
  • DAN EBLAGON — PRESIDENT/DIRECTOR
  • DINA KRAFT — DIRECTOR
  • EYAL SHUKER — DIRECTOR
  • RON LEVY — SECRETARY/TREASURER/DIRECTOR
relationships · 18

Who they work with

  • Adler & Colvin Partner — Legal representation for the Bono Foundation
  • Better Business Bureau Partner — Organization to report suspicious charity activity and verify legitimacy through its Wise Giving Alliance
  • Bono Partner — Collaborates through a licensing agreement to provide real-time donor update technology and platform infrastructure.
  • Bono Partner — Platform partner enabling recurring microdonations, impact tracking, and donor management for the foundation.
  • Charity Navigator Partner — Platform used to verify charity legitimacy and financial transparency
  • Ernst & Young Partner — Controller services provider
  • FTC Government — Agency to report suspected charity fraud and referenced as a source for enforcement actions
  • GuideStar Partner — Platform used to verify charity legitimacy and financial transparency
  • IRS Government — Source for verifying tax-exempt status and accessing Form 990 filings
  • IRS Government — Uses IRS Exempt Organizations Select Check tool to verify tax-exempt status of charities
  • JPMorgan Chase Partner — Banking partner for financial operations
  • Moss Adams Partner — Tax advisory services provider
  • Payment Provider Partner — Third-party service provider that processes user payments for monthly donations.
  • Read and Give Partner — Chrome extension developed by Bono to enable instant giving in response to emotionally impactful online content.
  • Sidley Austin LLP Partner — Legal representation
  • Stripe Government — Uses Stripe's secure payment system to process transactions and protect donor privacy.
  • Stripe Partner — Payment processor used to handle donations.
  • Stripe Partner — Technical and transaction processing partner
strategies · 5

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 for Charities
    methodology: administrative-efficiency
    By handling donation processing, tax receipts, donor communications, and impact reporting, the foundation reduces operational load on recipient charities, because minimizing administrative overhead allows nonprofits to focus resources on program delivery and scale impact.
  • Democratizing Access to Philanthropy
    methodology: democratizing philanthropy
    By lowering barriers to giving through microdonations, fee coverage, and automated systems, the foundation enables broader public participation in philanthropy, because reducing friction and cost increases accessibility and inclusivity in charitable giving.
  • Donor-Advised Fund with Strategic Allocation
    methodology: donor-advised fund model
    By aggregating donations and allowing users to select causes while retaining final allocation decisions, the foundation ensures funds are distributed in alignment with its broader objectives, because this model balances donor intent with strategic, impact-driven distribution.
  • Emotional Moment Giving
    methodology: emotional-moment-giving
    By leveraging emotionally resonant moments during online content consumption, the foundation prompts immediate charitable giving through real-time interventions like browser extensions, because spontaneous emotional engagement increases donation conversion rates.
  • Transparency-Driven Donor Trust
    methodology: real-time impact transparency
    By providing real-time impact tracking and consolidated, transparent reporting, the foundation increases donor trust and sustained engagement, because donors are more likely to continue giving when they can clearly see the measurable outcomes of their contributions.