How It Started
GiveBack was founded by Stephen Paletta, the winner of Oprah’s Big Give, a television show that aired in 2008. As a contestant on the show, Stephen traveled across the country and met people in every town who were making a difference; people giving back to their community and the world.
After being selected the biggest giver, Stephen was awarded $1,000,000 to give back to the causes he wanted to support. So he set up his own foundation with the winnings and gave away to causes in his hometown and around the world. Having extra money to give back was a life changing experience; one that he wanted to share with others.
GiveBack was conceived and built around the idea of empowering people to start their own foundation and then giving them more money to give back to the causes they care most about. GiveBack was built to make everyone a big giver.
The Give Back Foundation
In 2010, Stephen launched the Give Back Foundation, a 501(c)3 public charity created to help people give back. The Give Back Foundation was established to allow any person to join GiveBack and set up their personal foundation account. The funds that accumulate in that account are part of the Give Back Foundation. Each member has the ability to direct the funds from their account to any charity in good standing with the United States Internal Revenue Service.
Together, all of the members’ accounts are gathered under one Give Back Foundation account awaiting the direction of each member. The members can give their money away whenever they choose, either as a single donation or as part of a group of people coming together to support a cause. 100% of the money that is directed to a charity is sent to the charity. The Give Back Foundation charges nothing for the transaction.
Any money that a member adds directly into their GiveBack account is immediately tax deductible. Any additional money that may be added, either by our corporate sponsors or other individuals, is not deductible by the member. At year end the Give Back Foundation will issue every member a consolidated giving statement that may be used as an IRS tax receipt.
Create Your Foundation:
GiveBack allows you to do all your giving in one place, without hassle or any complexities. Any charity, any time, any amount. Free. No cost to you or to the charities you support. Manage all your giving through one account. One receipt for tax time. Give to any charity registered with the IRS. 100% of donations goes to charities. (We cover costs through our sponsors.)
Fill Your Foundation:
There are several ways to add money to your foundation. Earn up to 15% of each purchase when you shop at our merchant partners. Check out the shops! Make a donation directly using your credit card. Get the tax deduction now; give when you're ready. Our sponsors want to support your causes. Participate and get chances to earn more for your foundation.
Increase Your Impact
There's power in numbers. Spread the word by promoting charities and sharing stories. If you want, you can highlight your favorite charities on Facebook. Small donations add up: now you and your friends can donate together. Soon you'll be able to create campaigns on behalf of your favorite charity, so you can manage local fundraisers through GiveBack.
Its super simple to create your account it took me all of 10 seconds to do. I searched for some charities to see if they are available in their database which they were and I am now able to follow them for when it comes time to make my donations. Oh by the way when you sign up for an account you are automatically started off with $5 to donate to the charity or charities of your choice.
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