I have been taking advantage of our 8 Chase Freedom/Freedom Flex cards to make charitable donations via PayPal to earn 5 points per dollar spent this quarter, up to $1,500 per card.
Many charities are setup via the PayPal Giving Fund, which I’ve written about in the post. It’s a fantastic service as that allows charities to receive donations without paying any processing fees. If your charity isn’t setup for that, you can join the PayPal Giving Fund here.
You can search for charities setup with PayPal Giving Fund here.
If you do run a website for a charitable cause, you can offer the option to donate via the PayPal Giving Fund on your site to make it easier for people to donate without processing fees. For example at our shul, Bais Dovid Cleveland, we offer the option to donate via the PayPal Giving Fund, which requires a PayPal account, and we offer another option to donate if you don’t have a PayPal account.
Funds from PayPal Giving Fund are typically released once per month, so there is a greater delay than with a regular donation, but hey, free is free!
Which charities have you donated to via the PayPal Giving Fund this quarter?
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Another option is to process donations through Facebook. It doesn’t earn 5 points per dollar, but charities that are set up correctly receive it within 2 weeks.
I’ve donated to the donors fund, (DAF) best combo to manage my charity…
How does the Donor’s Fund identify you as the donor from paypal?
+1
If you use the same email in PayPal as the your TDF account they will match it otherwise you email them the receipt keep in mind it only funds after the 25th of each month
PP also gives the option to pay bills like utilities and insurance without any fees
Great for some places that charge fees or don’t take amex.
How?
https://www.paypal.com/myaccount/payments/?link_name=pay_your_bills
Now you tell me?
I feel like I’m at a neilas hachag.
Thanks for the tip! Can’t believe Dan never shared that…
@Dan should do a updated post with this info
I need to bookmark this. I’ve used it a couple times and it’s always hard to find it through Paypal.
Can you choose how the payment gets processed in PayPal… like CC vs bank Debit? Because then you’d be able to pay your CC with another CC…
Ha. no it wont work paying another card with a CC
Too bad for that… 😀
So PayPal uses your money for a month to invest it and make themselves more money before giving it to the receiver.
Could be a few days, could be a few weeks. Either way, you’re not making 3% in that time.
Is there a limit in how many donations or a maximum donation amount a charity can receive for free?
No
Wow! Thanx!
Congregation Bet Shmuel
Donated to Zemach Zedek on Lee Rd 🙂
If you don’t have a charity now in mind but you still want to get the PayPal bonus points you can open up a donor account like https://pledgercharitable.org/ and than fund it thru PayPal https://www.paypal.com/fundraiser/charity/4158810 and whenever you want to donate to a specific charity you can than recommend donations. However it could be that they charge a fee,, when you make a recommendation need to check with each donor fund for their terms
I help out a charity and have not switched them from PayPal non profit to the PayPal giving fund because I was told that PayPal does not give any information on who the donors are. Is that true?
No.
If PayPal has problems with your charity or getting funds to your charity, they have the right to GIVE THE FUNDS TO A CHARITY of PAYPAL’S CHOICE.
Given what we read on Yom Kippur afternoon from the Torah, we will likely have our funds reassigned AND PayPal will fine us $2500 for being unwoke in their eyes.
In actuality, that doesn’t happen.
I’ve donated via PayPal thru ViznitzBP.org
Dan, do you have any recommendations for bank accounts that pay high interest to park excess cash for non-profits? Needs to be a business or commercial account (I think)… and most pay only 0-.25%. Ideally we keep our current bank, and ach the money back and forth to a high yield account.
you can chose to stay anonymous if you want
@Dan can you tell us about paying bills like insurance and utilities via PayPal and getting 5 points for freedom cards and no fees
“So PayPal uses your money for a month to invest it and make themselves more money before giving it to the receiver.
REPLYNovember 13, 2022 6:57 pm
Dan
Could be a few days, could be a few weeks. Either way, you’re not making 3% in that time”
since paypal is jewish see https://www.kfikosher.org/kosher-bank-directory its a shalah of ribis.
PayPal is a publicly traded company. Those services that come up via that search engine are not Paypal, but other branded services.
thanks, what do you mean that PayPal Business Loan, and PayPal Working Capital, is diffrent ownership then PayPal Giving Fund?
Yes.
i belive something here missunderstood. all of them seems to be owned by paypal, and even though, all/most poskim arent חוששים for very minor shareholders, there is still a peoblem if the big shareholders are jewish, witch is the case by paypal.
please clearify if i massed up something about the ownership of this services
thank you
No, those are 3rd party branded services. No connection to PayPal or PayPal Giving.
thanks got it