What is GoGenerosity? GoGenerosity is a Software as a Service (SaaS) business that enables customers to pay-it-forward at businesses e.g cafe, restaurant, retail store, supermarket etc. The business then produces goods and or services to be distributed to those in need via one of our trusted charity partners.
Where does my money go? 100% of all pay-it-forward donations received are used in the business to produce goods and services to help those in need and distributed via a Charity Partner.
How do I see the impact I’m having? Keep an eye on our social media pages to see the contribution you have made to the local community!
Is this tax-deductible? Pay-it-forward gifts are not tax-deductible as they are treated like any normal sale for the business. This way the business wins too.
My company wants to give money to GoGenerosity. Is this tax-deductible? Yes. If your business would like to make a donation directly to GoGenerosity this is tax-deductible. Another added benefit is you can also claim on the GST as well.
How does my business account for GoGenerosity donations? We’ve found the easiest way for our existing GoGenerosity business partners to account for pay it forward donations is to keep GoGenerosity donations separate from their retail revenue.
What happens to my pay-it-forward donations if my business closes down or stops trading? In that case, pay-it-forward donations are to be transferred back to GoGenerosity. GoGenerosity will re-distribute all pay-it-forward donations to a different business partner on our platform in a similar industry.
How do I receive a pay it forward donation? Process the pay it forward amount as you would when selling a voucher
How do I redeem a GoGenerosity donation? When you have accumulated enough pay it forward donations and you’re ready to give your goods & services to your charity partner, simply process items the same as you do when redeeming a voucher.
