To understand the donation system, we first need to explain some terms.
Funds: Funds is the money we get from our survey partner Pollfish after taxes have been deducted. As an example, if the survey was worth $ 1, we would have to pay 19% sales tax. Then there would be $ 0.81 left to be paid out. This $ 0.81 would then be the funds value of the survey. The funds value of every survey can be seen before entering the survey. If a survey would have a karma value of 81 the funds value would be $ 0.81.
Donation share: The donation share is the percentage of the funds that are donated to the social organization at the end of each month. That means, if this month $ 1000 has been achieved with a donation share of 80%, $ 800 will be transferred to the social organization at the end of the month. The donation share starts at the beginning of each month for every project at 60%. The more funds are generated during the month, the more increases the donation share. At which fund-levels does the donation share increase?
In dollars per month
<$100 = 60%
$100-$499 = 70%
$500-$999 = 75%
$1000-$4,999 = 80%
$5,000-$9,999 = 85%
$10,000-$49,999 = 90%
$50,000-$99,999 = 95%
$100,000-$499,999 = 96%
$500,000-$999,999 = 97%
$1,000,000-$4,999,999 = 97.5%
$5,000,000-$9,999,999 = 98%
$10,000,000-$49,999,999 = 98,5%
$50,000,000-$99,999,999 = 98.75%
>=$100,000,000 = 99%
Donations: Donations are the part of the money that ends up in the account of the social organization. No further deductions will be made from this amount. In the app, the global monthly donations and the global alltime donations can be seen for each project in order to offer full transparency.