Company Information

Get to know charity charge

Founded by Stephen Garten, Charity Charge is a Public Benefit Corporation with a mission to support the nonprofit sector. Initially, the company offered a consumer credit card that allowed users to automatically donate their cash-back rewards to any K-12 school, college, or nonprofit of their choice in the U.S. In late 2023, the consumer card program was discontinued, and the company pivoted to focus exclusively on its business-to-business (B2B) product: the Charity Charge Nonprofit Business Card. This Mastercard, issued by Commerce Bank, is tailored for the expense and purchasing needs of nonprofit organizations, offering features like custom controls, tax-exempt reporting, and exclusive nonprofit rewards.

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Financial Other Service

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charity charge

United States

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.