Hi All - Thanks for your interest! If you go to the link in my original post it explains everything 
The 1% is not out of the buyer's pocket at all. The first 0.5% is from Amazon (after you sign up for BitGive - or any charity - on Amazon Smile), the link to do so is provided. The other 0.5% is matched by Libra http://libratax.com/ to BitGive!
You save money by using Purse and get discounts on Amazon regardless - the 1% is an extra bonus opportunity to donate to charity with no $ out of your pocket.
As far as our financials, we are a very young start up nonprofit and only just hired our first staff person in November, so I assure you no one is making millions - LOL!! We released an annual report - http://bitgivefoundation.org/wp-content/uploads/2014/08/FY2013-14-AR.pdf for our first year that is on our website (please note this report is for July 2013-June 2014). It isn't much since it was our first year, and we had only volunteer staff, but we are doing our best to be transparent and share our successes with the community. Our second fiscal year will close at the end of this June, and we will release another annual report by mid-November when we file all our paperwork with the IRS. We are a 501 (c) (3) tax exempt nonprofit in the US and this requires a lot of compliance and paperwork, etc.
Thanks for support!
Connie Gallippi
Founder and Executive Director
BitGive Foundation
The 1% is not out of the buyer's pocket at all. The first 0.5% is from Amazon (after you sign up for BitGive - or any charity - on Amazon Smile), the link to do so is provided. The other 0.5% is matched by Libra http://libratax.com/ to BitGive!
You save money by using Purse and get discounts on Amazon regardless - the 1% is an extra bonus opportunity to donate to charity with no $ out of your pocket.
As far as our financials, we are a very young start up nonprofit and only just hired our first staff person in November, so I assure you no one is making millions - LOL!! We released an annual report - http://bitgivefoundation.org/wp-content/uploads/2014/08/FY2013-14-AR.pdf for our first year that is on our website (please note this report is for July 2013-June 2014). It isn't much since it was our first year, and we had only volunteer staff, but we are doing our best to be transparent and share our successes with the community. Our second fiscal year will close at the end of this June, and we will release another annual report by mid-November when we file all our paperwork with the IRS. We are a 501 (c) (3) tax exempt nonprofit in the US and this requires a lot of compliance and paperwork, etc.
Thanks for support!
Connie Gallippi
Founder and Executive Director
BitGive Foundation