A user account on the Givinga Software Platform that provides permissions to perform a variety of functions defined by the user's Givinga Account Type.
The Application to open a Funded Givinga Account on Givinga that goes through the Approval Process.
An individual who is authorized to recommend grants from a philanthropic account.
Account Holder Data
The electronic data or other information entered into the Givinga Platform by an Account Holder and all of the activity of that Account Holder that is tracked using the Givinga Platform.
Account Holder Profile
The required and optional information about the specific Account Holder.
Once an account is established, a Primary Account Holder may add to the fund at any time.
After a Sponsoring Grant is made to a Campaign, any additional Grants made by the founder are Add-on Grants.
The Infinity Benefit Foundation charges no annual Administrative fee and no fees based on assets under management.
Aggregate Social Multiplier, Aggregate Corporate Multiplier, Aggregate Private Foundation Multiplier
Aggregate Total Amplifiers / Total Campaign Grants from the Account Holder's Foundation.
Any Internal Donation or External Donation to a Givinga Campaign.
Annual Withdrawl %
Annual Grants / Average Annual Balance of the funded Givinga Account for the most recently completed Calander Year.
The infinity Benefit Foundation’s IRS Form 990 is accessible through public online resources but does not disclose individual giving amounts or activity. The IBF offers various levels of anonymity as part of the grant recommendation process. Primary Account Holders may indicate a default preference for anonymity when executing a grant.
To create/edit a funded Givinga Account or create/edit a Campaign, Account Holders must go through an approval process.
A charity specific fundraiser, sponsored by a funded Givinga Account that occurs over a set period of time (not to exceed 90 days).
The predetermined length of a Campaign.
The page that an Account Holder can create that provides information about the Campaign and offers the ability to Donate to the Campaign.
A broadly defined charitable mission served by numerous Charities.
Charity or Charitable Organization
An organization that operates exclusively for public benefit by furthering causes such as religion, education, lessening burdens of the government, promotion of health, relief of poverty or distress, or other charitable purposes. Generally, exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, and eligible to receive tax-deductible charitable gifts.
The page providing information about a charity that is populated by the Charity Navigator API.
Initial deposit to a Givinga Account by the Account Holder.
Corporate Account Holder
Representative on behalf of a Company, with associated user privileges and access.
Corporate Giving Program
A grant-making program established and administered by a profit-making company. Gifts or grants from the corporation go directly to charitable organizations. Corporate giving programs may work in concert with a philanthropic account.
Cumulative Withdrawl %
Annual Grants / Average Annual Balance of the Funded Givinga Account for the lifetime of the Account.
Current Account Balance
Initial Contribution + Additional Contributions + Donations - Grants
External Funds to transferred to a Givinga Campaign.
Someone who makes a Donation to a Campaign using External Funds.
Donor Advised Fund
A philanthropic giving vehicle administered by a charitable Sponsoring Organization. A donor advised fund (DAF) allows donors to establish and fund the account by making irrevocable, tax-deductible contributions to the charitable Sponsoring Organization. Donors then recommend grants from those funds to other charitable organizations.
Eligible Employees (EEs)
Employees that a Corporation deems eligible to participate in their giving program through Givinga.
Any funds that exist outside of the Givinga Software Platform.
The tax-deductible Donor Advised Fund (DAF) that is created at the IBF the first time an Account Holder establishes and Contributes to a Givinga Account.
Funded Givinga Account
An Individual or Corporate Account established at the IBF.
The actual source of the External Funds.
IBF Accelerator Fund
An Endowment fund established by the IBF from which grants are made to support Campaigns across the Givinga platform. The Infinity Benefit Foundation uses its discretion to make these grants.
National Sponsoring Organization
A tax-exempt organization with national reach in fundraising and grant-making. National Charities include independent organizations and other charitable organizations affiliated with financial institutions. Infinity Benefit Foundation is an Independent National Sponsoring Organization.
A nonprofit organization that is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code and generally receives financial support from the public. Religious, most educational, and many medical institutions are public charities. Other organizations exempt under Section 501(c)(3) must pass a public support test to be considered public charities, or they must be formed to benefit an organization that is a public charity.
A recognized entity that exists to further religious or related objectives. Additional documentation may be required from these of organizations before the Infinity Benefit Foundation can issue them grants.
Social Multiplier, Corporate Multiplier, Private Foundation Multiplier
Total Amplifiers / Total Campaign Grants from the Account
The Account that created a particular Campaign and provided the Sponsoring Grant.
The initial Grant made to start a Campaign.
A charitable entity that exists in order to support (for example, with fundraising activities) an established public 501(c)(3) charity. Additional documentation may be required from these organizations before the Infinity Benefit Foundation can issue them a grant.
Tax ID Number for the Infinity Benefits Foundation (IBF)
The EIN for the Infinity Benefit Foundation is: 47-4172718.
A nonprofit organization that does not have to pay state or federal income taxes. Any organization (other than a church) seeking recognition of its status as tax-exempt must apply to the IRS and may have to fulfill additional state applications or registration requirements. Charities may also be exempt from sales and local property taxes.
Total Philanthropic Impact (TPI)
Total of all Grants from all Accounts.