Lasting Change connects users with charitable organizations already making an impact by providing transparent information and streamlining the donation process, allowing our users to make an immediate impact. There are three different donation methods users can select on the mobile app: automatic roundups, reccurring donations and manual donations. The Lasting Change platform allows users to donate to one or more multiple charities simultaneously and will withdraw the funds to donate on behalf of the user. Lasting Change is a 501(c)(3) organization, with an IRS ruling year of 2021. All donations are tax-deductible.

A depository account is an account that Lasting Change can withdraw money from, such as a checking account. A non-depository account is an account that Lasting Change can’t withdraw money from but can be used to track transactions for auto-roundups.

Lasting Change doesn’t charge users’ credit cards. A credit card’s transactions can be used to determine the dollar amount that Lasting Change will withdraw for automatic roundup donations. Instead, Lasting Change will charge your depository account on file.

Setting the automatic roundup feature requires a few simple steps to get started. Begin by linking a depository account on the account page of the application (you can link any number of depository and non-depository accounts as long as you have at least one depository account connected). Once accounts are linked start browsing the charities listed on the app’s Charities page. Once you find a charity you would like to donate to, tap on the charity name and you will see an option at the bottom of your screen labeled “Add to Portfolio”. Once you select this option you will be routed to your portfolio. Here you can customize what percentage of your roundups you would like to donate to this charity. Alternatively, you can select the “Distribute Evenly” option to equally distribute your roundup donations across all organizations in your portfolio. Once you have finished customizing your selections, tap “Save” and you are all set! You can have up to 3 charities in your roundup portfolio at a time and can change your selections at any time.

Once a user sets up automatic roundups, Lasting Change will take each transaction from linked accounts and round up the change to the nearest dollar. For example, if a user purchases a cup of coffee using their linked card for $4.50 cents, the roundup charge for this purchase would be 50 cents. Roundups will be automatically withdrawn from the user’s linked depository account once the roundup donation total adds up to $5 dollars or more. Users can select up to three different charitable organizations to donate to in their roundup portfolio and customize what percentage of the roundup donations go to each organization.

Lasting Change does have donation minimums for both reccurring and manual donation options. The minimum for a reccurring donation is $2 dollars per charity and the minimum for a manual donation is $5 dollars per charity. Separately, while there is no minimums for the automatic roundup option, Lasting Change will withdraw the funds from your depository account once roundups total $5 or more.

Yes, Lasting Change will provide users with a tax receipt.

Lasting Change will provide tax receipts to users by the 1st of February for the appropriate tax year. In addition, Lasting Change will provide users with a separate tax receipt for each manual or reccurring donation of $250 dollars or more.