---
title: "Charityvest Launches Workplace Giving for Philanthropy"
url: https://stacklist.com/card/83937f18-367a-4936-bf25-945bd3dd7b05
source_url: "https://hypepotamus.com/companies/b2c/charityvest-launches-workplace-giving/"
stack: https://stacklist.com/c/finance/stack/1b8918ba-a0e1-46e9-b610-63ebee80386d
summary: "Charityvest, an Atlanta-based startup founded by Georgia Tech grads and backed by Y Combinator, launched its Workplace Giving platform to help companies streamline corporate philanthropy with zero transaction fees and automatic employee matching. The platform consolidates donations into a single tax receipt and has raised over $2 million in charitable giving to date."
tags: "charitable-giving, fintech, workplace-giving, philanthropy, donor-advised-funds, atlanta-startups, corporate-culture"
key_entities: "Charityvest (organization), Stephen Kump (person), Jon Koon (person), Ashby Foltz (person), Y Combinator (organization), Georgia Tech (organization), Atlanta (location), Workplace Giving (concept), donor-advised funds (concept), Kabbage (organization), Cardlytics (organization), Metro Atlanta Chamber of Commerce (organization), Maija Ehlinger (person)"
classification: "notes"
content_hash: "sha256:8322cc550596b9724f2d0355194bb53c3f3adbc4917625bf3f8278da995466e8"
acp_version: "0.2"
token_counts_approximate: 863
visibility: public
agent_accessible: true
status: "final"
---

# Charityvest Launches Workplace Giving for Philanthropy

Skip to content Home // Atlanta-based Charityvest Launches an “HSA for Doing Good” to Help Employees Become Philanthropists Atlanta-based Charityvest Launches an “HSA for Doing Good” to Help Employees Become Philanthropists Maija Ehlinger August 4, 2020 Charityvest started with a simple premise: Giving back should be easy. Founded by Georgia Tech grads Stephen Kump , Jon Koon and Ashby Foltz , and backed by Y Combinator, Charityvest believes that their technology platform does just that, by empowering individuals to create and run their very own tax-deductible charitable fund. And now with the launch of Workplace Giving, the latest addition to Charityvest’s platform, companies can easily make philanthropy part of workplace culture by streamlining corporate giving programs. The traditional model of charitable giving requires employees to navigate outdated company matching websites. Many donation platforms charge high transaction fees, and employees can find themselves stuck keeping track of old receipts in order to claim any deductible benefits come Tax Day. Donations made through Charityvest funds are consolidated into one tax receipt so individuals can easily manage and track their charitable giving throughout the year. Users can also contribute stock or cryptocurrency directly into individual tax-deductible funds. Workplace Giving launched in December 2019 with individual fund options. The program helps companies large and small offer an automatic employee matching program with zero transaction fees, while empowering employees to give money to nonprofits they care about. The standard Workplace Giving plan is free, but a small per-user subscription allows companies to easily set up matching programs and gain monthly insights into where employees are sending their money. To date over $2 million of charitable giving has been raised on the platform. Charityvest is part of a growing list of Atlanta-based startups who have transformed banking, lending, and payment options, such as Kabbage and Cardlytics. According to the Metro Atlanta Chamber of Commerce , Atlanta is home to over 160 FinTech companies. In April, the company launched Charity Gifts , making it easy for individuals to send money from their fund to another person, who in turn decides how and where to donate. Co-founder Stephen Kump got the idea for Charityvest after working as a philanthropic consultant. Recognizing that large donors benefit from access to donor-advised funds (DAFs), Charityvest launched to bring such fund opportunities to the general public. Charityvest founders believe now is the time to innovate individual and corporate donations. As 2020 has reshaped how companies and individuals think about equality and accessibility, Kump noted that there is an increased “sense of urgency around giving back.” According to Kump, this new workplace platform was built to “be a tool in the hands of companies to be engaged during tough times like these.” Watch more about the employee experience on Charityvest here . Click here to sign up for the Hypepotamus newsletter, and you’ll get two weekly emails covering the tech startup community in the Southeast, with all the latest jobs, news, events and announcements. Prev Previous Metro Atlanta Chamber is helping hire the next generation of tech-savvy poll workers Next AtlBlackTech to host virtual panel on the State of Atlanta’s Black Tech Ecosystem Next Maija Ehlinger View Posts