Method and system for direction of funds to non-profits
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United States of America Patent
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N/A
Issued Date -
Sep 21, 2006
app pub date -
Mar 15, 2005
filing date -
Mar 15, 2005
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
The disclosed embodiments provide systems and methods for facilitating transfer of funds to a charitable organization or a charitable cause, for example, and facilitate the use of accounts that are established for charitable gift-giving in making contributions to a charitable cause through a website, for example. Such accounts include, but are not limited to, donor advised funds (DAF). A method includes receiving a first signal including instructions, a request or advice indicating a desire to direct one or more payments to a donor-selected charity. At least a portion of the payment is to be transferred from a giving account, the giving account having been established to hold funds for charitable gift-giving.
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