As a nonprofit organization ourselves, we aim to maintain the provision of high-quality services at the lowest possible cost. TIPHIP is an option for donors to make a small additional donation that helps us cover our operations and means we can avoid passing on extra fees to the nonprofits we serve.
Nonprofits on HIPGive currently take home 97% of the funds they raise. Unlike other crowdfunding platforms, we do not charge nonprofit organizations an administrative fee. The only cost for nonprofit is the secure payment processing fee of 2.9% + 30 cents per transaction, which is collected by an external vendor.
When you are making a donation on HIPGive, you will see a “Suggested contribution to HIPGive” that is added to your donation total automatically (see the image below). You can always change this suggested contribution to whatever amount you feel confortable with by clicking on the “EDIT” button.
You can select one of the suggested amounts, or enter your own in the text box. (See image below).