Creating and operating Donorbees comes with the costs of technology development, hosting, administration, marketing, Charity partner management and community engagement. Being a new start-up our costs are the most active part of our financials. As we work towards break-even and then modest profitability our charges have been set at 10% of total donations. We have a goal to reduce this to as low as possible. We have a couple of ways these costs can be covered: employers cover the costs for their employees' giving, or it is deducted from total donations before paying to charities monthly.

Donorbees is a social enterprise, which is a business with a social-good purpose at its heart. We exist to super-charge the giving process and maximise the impact. We do this by making sure donors are rewarded with tax credits without admin, and charities receive their donations very cost-effectively. All deposits to donors' Giving Wallets are handled by our registered charitable trust. Donorbees Charitable Trust receives your deposits to your Giving Wallet and then pays donations to your chosen charities, less the service fee if applicable. A registered company, Donorbees Limited, provides all the administration, marketing and technology management and levies an administration fee to cover these costs.

We have some exciting products in the works. Some of these will come with a subscription, which will provide an additional revenue stream. This will mean we can reduce the service fee deduction that we are currently charging, giving more to Charities. Sign up for our newsletter to hear about our developments.