Every.org

@mark_ulrich Very interesting idea

@mark_ulrich @luiza_veygela Thanks Luiza!

@arjundarora Thank you, we're really excited!

@hellozach Thanks Zach, that's the hope!

@pollock Thanks Tristan for hunting us!

@daryl_sew Thanks Daryl!

@paulmwatson great question! We use the publicly available IRS Publication 78 database to determine which organizations are valid 501(c)(3) public charities. Whenever a nonprofit first receives a donation, we try to get them signed up and adding their bank account info. Today there are only 373 nonprofit administrators who are actively managing their nonprofit accounts, though those 373 make up a high percent of the popular nonprofits actually receiving donations. For nonprofits that never sign up, a check arrives in the mail. More information on the disbursement process at https://support.every.org/hc/en-... Checks in the mail is similar to how widely used donor advised funds DAFs work, with a couple important differences: 1) we don't require any sign up and anyone can instantly donate crypto, compared to creating Fidelity or Schwab DAF which could take weeks, and 2) you are encouraged to instantly choose charitable recipients, while DAFs usually encourage people to keep assets in their DAFs for as long as possible instead of going to real charities, so they can make money from management fees.

@mark_ulrich thank you for the detailed answer