you are right, there are some organizations that do and Wikipedia and universities are good examples. But in our experience, many of the mainstream charities do not. This is partly for PR reasons as you indicate, because donors appreciate to see the direct action that was taken using their donated money. Another reason is that it can be illegal for charities to do so, because of legislation saying that charities can only hold money or investments as a reserve, not as a source of income.
We aim to change this, by explaining to donors why this is such a great system and how it can multiply the impact of each of your donations many times over! And we make it easy for people to support charities this way if they want: at the majority of charities, for regular-sized donations you cannot indicate currently that you want the donation to be invested, with the interest going to the charity.
Dear Relevantfiction,
you are right, there are some organizations that do and Wikipedia and universities are good examples. But in our experience, many of the mainstream charities do not. This is partly for PR reasons as you indicate, because donors appreciate to see the direct action that was taken using their donated money. Another reason is that it can be illegal for charities to do so, because of legislation saying that charities can only hold money or investments as a reserve, not as a source of income.
We aim to change this, by explaining to donors why this is such a great system and how it can multiply the impact of each of your donations many times over! And we make it easy for people to support charities this way if they want: at the majority of charities, for regular-sized donations you cannot indicate currently that you want the donation to be invested, with the interest going to the charity.
best regards and a merry Christmas,
Rik