TRANSACTION SYSTEM FOR CHARITABLE FUND RAISING, WITH TAX BENEFIT

摘要

A system for using financial transactions to raise funds for charitable purposes. A party who uses the system for carrying out financial transactions agrees to pay fee-like contributions for use of the system, such that a portion (up to 100%) of a contribution will be allocated to a charitable entity on behalf of the user. A business entity that facilitates the financial transactions records the details of the transactions and then reports to each user the charitable contribution the user has made through the system. This allows the users to obtain tax benefits on their respective contributions.