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Benevity 101

Social Consciousness goes Mainstream
Helping Companies Engage their Stakeholders
The Benevity Solution
How Benevity is Used
Benefits for Companies Implementing Benevity
For More Information

Social Consciousness goes Mainstream

Doing well by doing good: it’s not just a corporate catch phrase or nice-to-do anymore, it’s a must do for a growing number of businesses. With Pepsi cancelling its 23 year stint of Super Bowl commercials to instead invest $20 million in a philanthropic social media project, it is safe to say that social responsibility has gone mainstream. A growing number of consumers expect businesses to not only “do good” but to provide opportunities for them to give back to causes that resonate with them. And to be more open, innovative and collaborative about how they do it. Cone Research found that 88% of millennial consumers (aged 18-24 years) and 79% of all consumers would switch from one brand to another (all else being more or less equal) if the other brand was associated with a good cause. (Source: 2008 Cone Cause Evolution Study). Furthermore, a 2009 Edelman study found that 61% of consumers have bought a brand that supports a good cause even if it wasn’t the cheapest brand. (Source: 2009 Global Edelman Good Purpose Study). Employees also want to work for companies that care. Cone Research found that 79% of people would also prefer to work for a socially responsible company (Source: Cone Millennial Cause Study 2006) and 79% of employees think it’s important that their companies match their giving. (Source: 2008 Cone Cause Evolution Study). In today’s climate where companies have a growing need to deliver authentic social responsibility and community investment programs, and where individuals feel more strongly about supporting worthy causes with micro-donations, Benevity offers a powerful and incremental way for corporations to make a difference.

Helping Companies Engage their Stakeholders

Benevity’s microdonation software is the engine for socially responsible businesses to engage their customers, employees and others (such as their supply chain or advertisers) in optional charitable giving. Benevity lets companies embed user-directed, tax-receiptable donations and corporate matching programs into their existing transaction environments, using their own brands and systems. Benevity makes it easy for companies to build authentic and impactful cause marketing, workplace giving and other social responsibility initiatives that increase engagement, brand differentiation and return on investment, while tying directly to business activities that drive the company’s bottom line. Benevity’s goal is to help build user-driven giving opportunities into all types of existing online interactions to involve customers and employees in giving to causes they care about; building greater loyalty, differentiation and customer and employee stickiness. Benevity wants to help companies and their customers, employees and partners turn “feel good” into real good, and change the landscape of philanthropy in the process.

The Benevity Solution

  • Built from the ground up to integrate easily into existing applications and online environments, most typically financial account interfaces, e-commerce stores, loyalty programs, workplace giving or HR intranets, event ticketing, etc.
  • Enables user-directed, receiptable charitable donations to all or any subset of the registered charities in Canada and/or the US to made part of an existing customer, employee or supplier transaction or process
  • Features the creation of “Personal Foundations”, as well as real time donation matching programs, customized portfolios of charities, charity selection, funds transfer to charities, charitable gift card functionality, and brandable electronic receipting

How Benevity is Used

Benevity can power an initiative that has charitable giving as part of its goal. Some main applications are:

  • E-Commerce
  • Promote product sales with socially responsible charitable donation incentives
  • Benevity platform integrated into e-commerce engine
  • Workplace Giving
  • Centralized donation management by payroll deduction and personal foundation capabilities
  • Benevity platform embedded inside employee intranet or HR application
  • Donation Management (For Financial Services or Bill Payment Interfaces)
  • Centralized donation management and personal foundation capabilities
  • Benevity platform embedded inside online banking, bill payment or customer profile interface
  • Charitable Gift Cards
  • Purchase of a donation on behalf of a card recipient who selects charitable donee
  • Recipient of gift represents new conversion opportunity
  • Employee Gift Cards
  • Purchase of a donation on behalf of a gift recipient who selects charitable donee
  • Benevity platform embedded into employer site
  • Loyalty Redemption
  • Convert loyalty points into a receiptable donation to charity of choice
  • Benevity platform is easily embedded inside existing redemption application

Benefits for Companies Implementing Benevity

  • Differentiate from competitors on the basis of social responsibility
  • Increase loyalty, retention and engagement by enabling customers, employees and partners to bring causes they care about into existing business interactions
  • Embed social responsibility into core business activities in a tangible, measureable way
  • Enable authentic, unique public relations and marketing campaigns
  • Create additional revenue streams

For More Infomation

To view our short video, go to www.benevity.org/Goodness3.0 To find out more or to request a meeting or demo, please visit us at www.benevity.org or email us at info@benevity.org