What does the verification badge mean?
Verified accounts on Givebutter have been vetted and reviewed by the Givebutter team to ensure their legitimacy as a federally registered 501(c)(3) tax-exempt, charitable organization.
You may be wondering: what does that mean and why does it matter? That's a great question, and it's why we implemented the Verification Program in the first place.
In the United States, donors to tax-exempt charities have the opportunity to write off their charitable donations on their taxes (with some exceptions). This is a huge win for charities and donors alike, since it incentivizes individuals to support charitable causes by allowing them to deduct donations and pay less in taxes.
However, there are many misconceptions regarding what types of donations are deductible and when. That's why Givebutter implemented nonprofit verification – to help you, the donor, know two things without question:
- The organization holds 501(c)(3) tax-exempt, charitable organization status with the IRS and can accept tax-deductible donations
- The organization is who they say they are
Thanks to this system, donors on Givebutter can support verified nonprofits with confidence and peace of mind knowing that their charitable dollars are going to exactly the right place.
Please note: Givebutter's nonprofit verification badge is only intended to verify an organization's legitimacy as a registered 501(c)(3) tax-exempt, charitable organization. Givebutter does not guarantee that donations made to verified nonprofits are eligible for a tax deduction. We also strongly recommend that you consult an accountant about your own personal eligibility for taking any tax deductions.