Leaving money to charity
Bequeathing part of your inheritance (a legacy gift) via Give For Good
A gift for the future
Leaving money to charity via Give For Good
Give For Good is a charity donation platform that is specifically suitable for leaving money to charity. The reason for this: via our platform, your favorite charity will receive support year in, year out — forever — owing to your gift.
- Ever-continuing impact: the charity gets support every year, even when you donate only one time. This continues year in, year out, for Good.
- Ever-growing impact: more money goes to charity every year because of your donation.
How we achieve this
We achieve this by investing your donation in the stock market (in ethical, social and social businesses). Every year, we transfer the profits on this investment to the charities that you have chosen.
Investing is safe and reliable, if you A) invest for a long time and B) spread your investments. We do both. Investing is a well-known way for people to leave money to charity, because it results in support every year for the charity that you want to support. And that support continues forever.
How it works
You choose a charity and an amount you want to donate. We invest your donation in the stock market. Then, each year, we transfer interest on the investment to the charity. The amount, and as a consequence the transfers to charity, become a bit bigger each year.
Here below are some examples of the charities that you can support via our website. However, if you want to leave a legacy, you can leave money via Give For Good for any registered charity. Contact us for more information!
How it works in 4 easy steps
You leave an amount for a charity via Give For Good. You choose the charity + the amount.
We invest your donation in ethical, sustainable and social investment funds. Your invested donation generates a profit.
Every year, we transfer the profits to the charity. These transfers keep going forever. They even become bigger every year.
The result: a stable, annual, growing income for your favorite charity that goes on forever.
Bonus: double impact
Interest rates vary per year, but long-term results are remarkably reliable for stock investments (7.0% interest on average per year). This means that if you make a one-time donation today, based on that average interest on stocks, more than 25 times your initial donation will be given to the charity over the next 100 years. This is so much because the amount grows exponentially through a compounding interest-on-interest effect.
The support continues forever: it is a gift that keeps on giving! The charity receives interest on your donation every year, even when you have just made a one-time donation.
To cover our costs, we ask a % of the interest on the donations that we invest for donors. This is on purpose a % of the interest, and not of the donation itself. This way, we only get money if the charities get money!
Legally, we can never ask more than 10% of the interest. At the moment, we ask 5%. Our long-term goal is that this will become 0%. Just like to any other charity, people can donate to us. We hope that in time, these donations will be enough to cover our costs.
Suppose: you invest $ 100 for your favorite charity and that in the first year there is a 10% interest (amounting to $10). Then:
- $ 4.75 is transferred to the charity for which you invested the donation
- $ 4.75 is added to the original $ 100. As a result, next year’s interest is made not on $ 100, but on $ 104.75! This way, the charity gets a little bit more support every year.
- $ 0.50 is transferred to us at Give For Good to cover our operational costs
You can invest safely and with a reliable long-term interest by:
- investing in many businesses at the same time and
- holding those investments for a long time
By holding to these two rules, we know the interest on the donations will move to the average interest on all stocks combined: 7.0% per year.
How do we know this? By studying more than 150 years of stock market history. Read more here!
All investments are done through an ethical, sustainable and social investment fund. This means that there are no investments in unethical sectors, such as fossil fuels and weapons. Instead, ethical, sustainable and social businesses receive extra support. You can read more about our investments here.
Each year, we transfer 50% of the interest to the charity. The reason for transferring 50% — and not 100% — is that the other 50% is used to increase the invested value of your donation. This way, the charities get a little bit more every year! This is because this 50-50 method generates an “interest-on-interest” effect. This results in your invested donation, and with it the money that is transferred to the charity each year, growing exponentially. So based on your one-time donation, the charity not only gets ever-continuing financial support, but it gets an ever-growing amount! In time, this results in more money for the charities than if we transferred 100% of the interest to them.
We encourage people to do both: support charities now AND support their futures. When you support charities directly, they will spend your money directly. The difference with Give For Good is that with us, your one-time donation results in a stable income for the charity year in, year out. Many charities are not allowed to invest money like this themselves as a source of income (only as a reserve), because of government regulations. Also, practically, they generally do not offer the option to label your donation as an investment. That is why Give For Good exists!
What people say about Give For Good
As part of your inheritance, leave money to your favorite charities via Give For Good and give them a gift that keeps giving: a donation that generates interest for them every year!