Charityvest
Charityvest, formerly known as Vennfi, is a fintech company based in Atlanta, GA, specializing in modern donor-advised funds that allow individuals and corporations to manage and grow their charitable donations tax-free.
Company History
Charityvest, formerly known as Vennfi (Charityvest), was part of the S20 Y Combinator batch. Based in Atlanta, GA, USA, the company operates within the fintech industry, specifically focusing on payments. It is an early-stage company supported by notable investors and organizations. Charityvest has facilitated over $100 million in contributions since its inception.
Services
Charityvest offers a modern donor-advised fund designed for both individuals and corporations. The platform enables users to grow their giving funds tax-free using low-cost ETFs and supports automatic recurring donations to charities. Users can also make anonymous grants and manage their charitable activities with just one tax receipt. Key features include the capability to contribute cash, stock, crypto, equity, and other assets, along with investments for tax-free growth.
Fintech Solutions
Operating in the fintech sub-industry of payments, Charityvest allows users to invest their charitable balance for tax-free growth and has already facilitated significant financial contributions. Their platform enables the donation of complex assets and offers a comprehensive guidebook to help users understand their services. A unique quiz is available to determine if a giving account is right for potential users.
Collaborative Giving and Community Funds
Charityvest supports collaborative giving through Community Funds, offering users the opportunity to participate in collective charitable efforts. The platform also enables granting to a vast network of 1.4 million charities. This facilitates diverse and extensive charitable contributions, empowering users to make a substantial impact.
Team and Locations
Charityvest operates with a team of nine members based in Atlanta, GA, USA. Their services are available across the United States and Canada, with options for remote and partly remote operations. This geographical flexibility allows them to serve a broad array of users effectively, capitalizing on the digital nature of their fintech solutions.
