What is DailyKarma? Why is my donation directed there?
TalkShopLive partners with DailyKarma, a U.S. based charitable giving technology company and their donor advised fund, The Good Coin Foundation (EIN 47-5570019) to collect and distribute funds to nonprofits according to TalkShopLive’s recommendations. In accordance with U.S. tax law, DailyKarma and The Good Coin Foundation, as a donor advised fund, have exclusive legal control over the donations once received.
More information about how disbursement works can be found on their website: https://dailykarma.com/business-terms-service/
Is my donation tax deductible?
Donors in the United States
If you are a resident of the U.S. contributions to 501(c)(3) organizations are generally tax deductible, but please check with a tax professional to be sure. All contributions made through DailyKarma are processed through our nonprofit donation processing partner, The GoodCoin Foundation. Shoppers that make contributions through e-commerce platforms using our Shop for Good will not receive receipts from the nonprofits. You will receive a confirmation email from TalkShopLive, which serves as your receipt and confirms that no goods or services were received.
Donors in Canada
If you are a resident of Canada, your donation may not be tax deductible. You should check your local tax regulations and review with a local tax professional to be sure.
Your donation is not tax deductible if you are a resident of one of the following countries:
- Hong Kong
- New Zealand
- United Kingdom
Will I be charged any fees or other levies?
90% of your contribution will go to the nonprofits with 10% going to processing fees incurred by TalkShopLive and DailyKarma, but if you reside outside the U.S., your bank or credit card issuer may charge you currency conversion / foreign currency transaction fees and taxes depending on the currency you donate in and your location -- please consult with your bank or credit card issuer for more information.
Is my donation refundable?
Donations are non-refundable.
If I don’t have a TalkShopLive Account, can I still donate?
Yes, you can use your credit card to make a donation using TalkShopLive’s Guest Checkout. If you choose to make your donation using Guest Checkout, you do not need to have a TalkShopLive account or be logged into your TalkShopLive account (if you have one). The confirmation email from TalkShopLive, which serves as your donation receipt, will be sent to the email address you provide when you make a donation using Guest Checkout.
How does TalkShopLive use my information?