Econus allows users to donate their spare change, rounded up from everyday purchases, as well as one-time and recurring donations to non-profit organizations and individual crowdfunding campaigns of their choosing.
Your donations are sent to a Donor Advised Fund (same process used by eBay for Charity, GoFundMe, PayPal, etc.), who distributes them on your behalf.
Your campaign contributions are transferred directly from your connected account to the campaign account via our Payment Processing Partner.
This process ensures payments never enter our servers and allows us to maintain the highest security standards possible.
Security is our top priority.
Your sensitive information never touches our servers. Bank authentication, transaction monitoring, and payment processing are handled by our trusted partners, all of which are subject to stringent federal regulations, including regular NACHA compliance audits and penetration testing. Any and all sensitive information is tokenized and transmitted over encrypted tunnels.
We use the same system trusted by Venmo, Acorns, Robinhood, Betterment, Digit, LendingClub, Upstart, Stripe, Coinbase, TransferWise, Justworks, Gusto, OnDeck, and Fundera, just to name a few.
We’ve got you covered.
We do not sell your personally identifiable information (Your Information) to third parties. Our primary purpose in collecting Your Information is to provide you with a safe, smooth, efficient, and customized experience.
Additionally, we only use non-personally identifiable information that we aggregate to better design our website and to share with advertisers.
Our technology partner provides us with comprehensive data and charity vetting on 2.2 million charities in the United States!
If you can’t find the non-profit you’re looking for, let us know by emailing firstname.lastname@example.org
You can change the non-profit receiving your Round-Ups by visiting the organization’s Profile, tapping Add to Dashboard, and pressing ‘play’ on the Dashboard.
You can set up one-time or recurring donations from the dashboard using Schedule a Donation or by visiting the non-profits profile you’d like to donate to and setting up a donation.
You can modify your donation preferences in the Round-Up Settings screen.
By setting up your Persona, you can link the spare change from the purchases you make to up to five organizations that are reducing the negative impact from those purchases (in economics lingo, mitigating externalities.)
You can also send your Round-Up change to an individual organization, and schedule recurring and/or one-time donations to as many organizations as you would like!
By visiting the Dashboard screen of Econus you will be able to see where your Round-Up donations are going as well as which organizations have one-time or recurring donation schedules setup.
Our strategic business partnerships handle all the heavy lifting when it comes to getting your donation where it needs to go.
At the end of the month, we authorize our payment processor to transfer the accrued donations to our Donor Advised Fund, who in turn sends the donations to the organizations of your choosing!
We never touch your banking information to ensure optimal security.
We do not supply lists of Non-profits because donors have the ability to give to over 2.2 million nonprofits in our database.
If you’d like to discuss specific causes or organizations, feel free to reach out to us at email@example.com
From the Dashboard you can select Schedule a Donation, which allows you to search through our list of 2.2 million non-profits and schedule one-time or recurring donations.
Or you can head to Discover and search for your organization’s Profile to set up one-time, recurring, or Round-Up donations.
Econus is your one-stop-shop for all things donating.
Yes. Econus will round up all transactions that are linked to your bank account, whether that transaction happens at a physical location or online.
There can be several reasons for this. Your bank credentials may have changed or expired and will need to be reauthorized or your donation card may need to be changed.
Please go to Round-Up Settings and check your Linked Account to make sure your bank connection is working properly. If you cannot resolve the issues, please reach out to us through firstname.lastname@example.org
Econus was built for environmentally conscious individuals who are looking to take their Conscious Consumption to the next level.
By linking your transactions, and their negative impacts, with the organization managing these negative impacts, we can create a more sustainable shopping experience.
When it comes to sending spare change to individual organizations, $0.37 cents here and $0.42 cents there may not seem like a lot, but when thousands of people are donating these amounts, it creates meaningful change!
The Round-Up feature of Econus is not meant to replace your current giving, but to supplement it and give purpose to your spare change.
You can pause your monthly donations by ‘Pausing’ all Round-Ups and ‘Toggling Off’ all one-time and recurring donations on the Dashboard,
You can also pause donations by visiting Round-Up Settings and turning off all donations.
Because all donations are made through our 501(c)(3) Donor Advised Fund partner, you can have a donation receipt emailed to your linked email address by tapping the Hamburger Icon and selecting My Tax Deductions. This receipt will come from our Donor Advised Fund as they are the organization that receives and then distributes the funds.
You may also receive a donation receipt from your non-profit, but that would be at their discretion. You may reach out to your non-profit directly for a custom receipt.
Your donations, less fees, are 100% tax-deductible. However, we must recommend that you certify the tax-deductibility of your Econus donations with your tax advisor.
When a transaction ends in a whole dollar ($1.00, $2.00, etc), we round it up by your selected amount.
For example, if your whole dollar Round-Up amount is set to $1, and you buy a $6.00 latte, you will give $1 to your organization.
Donations Happen on the Last Day of the Month
Econus keeps track of your change throughout the month. At the end of the month, the app will donate your accumulated change to the non-profit that you chose. You will see a new line on your card statement under the name of our Donor Advised Fund.
The average monthly Round-Up donation is $15-$20 per month.
Donations through Econus are tax-deductible to the extent permitted by law, just like a normal donation to a tax-exempt non-profit organization.
We can’t give you legal or tax advice, but our 501(c)3 Donor Advised Fund partner goes through strict State by State Compliance to ensure 100% of your donations, less fees, are tax deductible.
For more information on our Donor Advised Fund, please see Section 6 of our Terms of Service.