Impact Index Fund: Economic Development
Support US-based charities improving society through economic development with a single donation.
Support Nonprofits That Support Economic Development
Global economics may be focused on national GDP figures, but there are other important metrics that determine growth on more local, community levels, such as unemployment levels, socioeconomic mobility, and financial stability. Unfortunately, fixing some of the barriers to economic empowerment is more difficult than reforming unfair policies or demanding governmental intervention. Many nations lack the infrastructure to mobilize their economies, resulting in stagnant or even declining business development trends.
Whether by empowering rural women farmers, training young leaders on sustainable business practices, or fighting to end the economic violence caused by prejudicial systems, there are plenty of nonprofits working to equal the playing field and make a difference in the lives of ordinary people. If you want to help provide resources to improve the social and economic conditions for millions, consider making a donation to this Impact Index Fund today.
Economic Development Nonprofits You’ll Support
To see all participating organizations, please read the FAQ below.
Save on Your Taxes by Donating Crypto
There’s a reason high net worth individuals tend to donate property instead of cash. Donating cryptocurrency directly to a 501c3 nonprofit is more tax efficient and can save you money.
The IRS classifies cryptocurrency as property for tax purposes which means it is typically the most tax efficient way to support your favorite cause. When donating crypto, you receive a tax deduction for the fair market value of the crypto, and you avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.
If you provide an email, you will automatically receive a tax receipt after donating.
Frequently Asked Questions
What is an Impact Index Fund?
Impact Index Funds bundle together multiple nonprofits that have a similar focus or mission. If there is a specific issue area that you or your brand want to support through charitable giving, donating to an Impact Index Fund is a great way to do so. With a single transaction, you can help charities of all shapes and sizes: large and small, global and local, new and established, traditional and innovative. For more information on Impact Index Funds, visit our Impact Index Funds page.
Which nonprofits are in this Impact Index Fund?
Women’s Entrepreneurship Day
Morningday Community Solutions, Inc
Africa Development Promise
United Way of Tarrant County
Caritas Aotearoa NZ
Financial Inclusion and Freedom Fund US
United Way of the Central Savannah River Area, Inc. (United Way of the CSRA, Inc.)
United Way Worldwide
Shining Hope for Communities
United Way of Greater Atlanta
Equity and Transformation Chicago
Jewish National Fund
International Development Enterprises (iDE)
Humanity Forward Foundation
ProsperUs Detroit Micro Lending
Wall Street Bound
Lunar Inc (Lunar Startups)
Foundation for Economic Education
United Way of Miami-Dade
ID Insight, Inc.
United Way of Massachusetts Bay and Merrimack Valley
How will funds be distributed?
Once per month, the total value of each fund will be distributed evenly to all of the nonprofit organizations participating in that fund.