Welcome to One4All Charitable Fund ("One4All"). One4All is a 501(c)(3) public charity under the U.S. Internal Revenue Code (the "IRC") who manages and maintains donor advised funds ("DAFs"). This Donor Agreement ("Agreement") is intended to assist donors (who may be referred to in this Agreement as "account holders," "members," "you," or "your") in understanding both the benefits of participating in One4All's DAF program (the "Program"), and the important policies, procedures, rules and restrictions associated with establishing and maintaining a DAF account with One4All. Donor participation in the Program is subject to the terms and conditions of this Agreement, and by establishing a DAF account with One4All, you agree to accept and be bound by this Agreement. Subject to Internal Revenue Service (“IRS”) rules and guidelines governing the operation of DAFs, One4All reserves the right to modify the Program and this Agreement at any time. In the event of any such modification, this Agreement will be updated and published on Cauze, Inc.'s website at www.cauze.com (the “Site”), specifically at https://www.cauze.com/terms.
One4All is not limited to U.S. donors. All figures in this Agreement are in U.S. dollars.
The Site allows you to create your own charitable fund by opening a DAF account with One4All. A DAF account is a charitable giving vehicle administered by a third party (One4All) and created for the purpose of managing charitable donations on behalf of an organization, family, or individual. A DAF account offers you the opportunity to create an easy-to-establish, low cost, flexible vehicle to facilitate your charitable giving. While donors can enjoy administrative convenience, cost savings, and tax advantages by conducting their grant-making through a One4All DAF account, the DAF account is not a "private foundation" as that term is defined by the IRC. Once funds are donated to One4All through a contribution to a One4All DAF account, the funds will be tracked on the books of One4All as attributable to funds contributed by that particular donor, the funds will be owned and controlled by One4All, and One4All has the ultimate authority over how the assets in all One4All DAF accounts are invested and distributed. Donors may not impose restrictions or conditions on the assets in their One4All DAF account. However, the donor, or one or more persons appointed or designated by the donor (each a "donor advisor"), will have "advisory privileges" over the distribution of funds within the donor's One4All DAF account. This means that the donor (or his or her donor advisor(s)) will have the right to provide advisory recommendations and suggestions to One4All as to the U.S. based, IRC Section 501(c)(3) charities to receive distributions (i.e., "grants") from the donor's One4All DAF account. One4All is not obligated to follow these recommendations, however, and will only do so if the recommended organization meets the criteria set forth in this Agreement.
Contributions to a One4All DAF account can be made at any time, are irrevocable, are permanent gifts to One4All, cannot be returned or withdrawn, and are immediately tax deductible to the fullest extent provided by U.S. law, subject to individual and corporate limitations.*
* Availability of certain U.S. federal income tax deductions is limited to U.S. donors and may depend on whether you itemize deductions or not. Rules and regulations regarding tax deductions for charitable giving vary at the state level. Please check with your tax advisor. Tax deductions discussed herein refer specifically to U.S. federal taxes.
One4All DAF account holders have the opportunity to:
All donor funds established with One4All are subject to One4All’s “variance power.” The variance power gives One4All the authority to modify any donor recommendation or condition on grants from an account for any specified charitable purpose or to any specified charitable organization if, in the sole judgment of One4All, such recommendation or condition becomes unnecessary, incapable of fulfillment, or inconsistent with this Agreement. All contributions to One4All and grant recommendations are subject to the review and approval of One4All and its Board of Directors. One4All Directors may delegate any of their powers and authority under this Program to employees, agents, or other representatives of One4All.
Contributions may be made to your One4All DAF account by any means of electronic payment currently offered by One4All (such as credit card, PayPal, or direct debit from your bank account) via the Site. You may also have the opportunity to drive additional dollars to your One4All DAF account by purchasing merchandise from retail or corporate partners of One4All's affiliate, Cauze, Inc., or through employer matching grants, if your employer participates in the Cauze employer matching program administered by Cauze, Inc.** These dollars will appear in your One4All DAF account balance at the Site and will be held by One4All until you have recommended a qualified charity to receive the funds that is approved by One4All or the account has been terminated in accordance with the terms and conditions set forth in this Agreement.
** Cauze, Inc. is a for profit social media and marketing company which holds and manages all intellectual property used by One4All and which manages and maintains the online platform through which donors to One4All access and track their One4All DAF accounts. Cauze, Inc. also initiates and maintains business partnerships with corporate partners and employers, which partnerships facilitate and enhance individual philanthropy by consumers and employees who are members.
Once a contribution is accepted by One4All, it is an irrevocable charitable contribution to One4All. Accepted contributions are not refundable. However, to the extent dollars in your One4All DAF account are attributable to donations made on your behalf by retail and corporate partners, returning the merchandise will cause your One4All DAF account to be debited the amount that was previously contributed on your behalf.
If you are a U.S. taxpayer, you may be eligible for an itemized U.S. income tax charitable deduction on the date that you make your direct contribution to One4All if it is processed and accepted, subject to applicable limits under federal law. If you are not a U.S. taxpayer, you may not be eligible for such a deduction. Donations made to your One4All DAF account by retail and corporate partners or employers may not be deducted from your taxable income. Notwithstanding anything in this Agreement to the contrary, you specifically acknowledge and agree that nothing in this Agreement constitutes or should be construed as legal or tax advice, and that you should consult your own legal or tax advisor about your personal situation.
All DAF accounts at One4All are non-interest bearing. Donors have no advisory privileges over how funds in their One4All DAF accounts are invested, nor do donors have any ability to select or recommend investment options or provide advice on distributions from types of investments. All assets contributed to One4All DAF accounts will be managed by One4All or a delegate of One4All. One4All funds may be pooled for investment purposes. One4All’s Board of Directors or a delegate of One4All’s Board of Directors makes investment decisions for all assets of the One4All. IRS and Treasury regulations prevent fund donors (those who establish a fund) from making specific investment decisions.
As a One4All DAF account holder, you have the right to recommend grants from your One4All DAF account to qualified charitable organizations. Grant recommendations can be made online at any time via the Site. Subject to the restrictions stated in Section 8 above, you may request that a grant be made to any charity that is listed on the Site. One4All retrieves the list of charities that appears on the Site from IRS data sources (such as IRS Publication 78 data and/or the IRS Exempt Organizations Business Master File). Charities featured on the Site are listed merely for informational purposes; the existence of the featured charities does not constitute a solicitation of donations. One4All and Cauze, Inc. are not soliciting donations for featured charities. One4All and Cauze, Inc. have not entered into a contract with a featured charity providing for solicitation and do not receive any compensation from any featured charity. One4All will review your completed and submitted recommendation to ensure that the proposed grant is consistent with charitable purposes within the meaning of IRC Section 501(c)(3) of the and that the recommended charitable organization satisfies the criteria set forth in Section 8 above.
Recommendations for grants are advisory only and are not binding on One4All. One4All reserves the right to deny a grant recommendation and will generally notify you of the denial within 30 days with a request that you provide a recommendation for a grant to an alternative charitable organization.
Grants are processed on a monthly basis. If other members have requested grants to the same eligible charity(s), these grants are aggregated and one payment is made to the charity(s). Due to the costs associated with processing small donations, One4All reserves the right to reserve disbursement of funds until the aggregate sum is greater than $20.00.
One4All encourages all members to make grant recommendations on a regular and continuous basis throughout the year – after all, this is the best way to ensure that the funds in your One4All DAF account achieve immediate charitable impact – but, at a minimum, One4All requires that at least 5% of each DAF account be distributed over the course of a consecutive 12 month period. One4All monitors account activity on a regular basis to ensure that the minimum distribution requirement is met and flags accounts that are in danger of not meeting the requirement. If your account is flagged, One4All will contact you via e-mail as your minimum distribution deadline approaches and encourage you to make grant recommendations.
If you fail to make grant recommendations by the deadline, but have otherwise had account activity over the course of the past 12 months (such as logging in, making a direct donation, or receiving amounts in your account through donations by retail and corporate partners or employer matching programs), One4All will maintain your account in active status but will distribute 5% of the balance of your account in one of the following ways, as determined in One4All's sole discretion: (a) to one or more organization(s) that have previously received distributions from your One4All DAF account, as long as such organization(s) still satisfy the criteria set forth in Section 8 above; or (b) to One4All's general charitable operating fund (a One4All grant making program where funds will be distributed by the One4All to meet charitable needs identified by One4All), subject to administrative fees and transaction processing fees described below.
If you fail to make grant recommendations by the deadline, and your account has otherwise been inactive over the course of the past 12 months, your account will be terminated and 100% of the account balance will be distributed as set forth in Section 12 below.
An account will be deemed inactive if over a consecutive 12 month period there is no activity in the account such as logging in, making a direct donation, receiving amounts in the account through donations by retail and corporate partners or employer matching programs, or making a grant recommendation. One4All will make reasonable efforts to contact the account holder via e-mail prior to the end of such 12 month period and encourage him/her to engage in some activity with the account. If the account holder(s) does not respond, One4All will terminate the account and distribute the account balance to one or more organization(s) that satisfy the criteria set forth in Section 8 above, as determined by One4All in its sole discretion.
One4All will provide confirmations of all account transactions, usually within one business day after the transaction. Contribution confirmations serve as your receipts, and should be kept with your tax records.
CONTRIBUTION PROCESSING FEE: For all contribution transactions, a transaction processing fee of approximately 2.2% of the amount of the contribution + $.30 per transaction is payable by the associated account holder to One4All (these fees may vary, depending on the transaction processing fees charged by third-parties). One4All's policy requires the account holder to pay this transaction processing fee up-front at the time of the contribution to the DAF account. One4All reserves the right to change the transaction processing fee and this policy at any time.
ADMINISTRATIVE FEES: Except for grants from an account holder’s Gift Balance account (as set forth below), in order to offset One4All's administrative cost of managing and maintaining its DAF accounts and use of the Cauze Platform, One4All currently charges an administrative fee of 2.9% of the amount of each grant made by an account holder. One4All reserves the right to change the amount of the applicable administrative fee at any time.
Gift Balance account transactions: To the extent an account holder elects to make a grant using a Gift Balance account associated with their DAF account, One4All currently charges an administrative fee of 7.9% of the grant amount. One4All reserves the right to change the amount of the applicable administrative fee at any time.
The following example illustrates how One4All's current processing fee and administrative fee policies work for contributions and grant recommendations:
One4All DAF account holders may access their account online at any time by logging into the Site with the username and password created at signup. Your account allows you to:
Since members can access account information on their own at any time via the Site, One4All's current policy (which is subject to change at any time) is that One4All will not separately e-mail or otherwise provide statements to members reporting account information about the member's One4All DAF account. However, as noted in Sections 11 and 12 above, One4All will contact members via e-mail in the event an account is in danger of not meeting the minimum distribution requirement and/or of being deemed inactive. Each One4All DAF account holder is responsible for making recommendations via the Site using their username and password and each One4All DAF account holder is responsible for ensuring the security of their username and password. Each One4All account holder is responsible for all activities occurring under their email address.
If you have any questions about these Terms, please direct them to: email@example.com
Information concerning One4All may also be obtained, without cost, by writing to its principal place of business at the following address:
One4All Charitable Fund
300 Main Street, Suite 300
Boise, ID 83702