Knowing exactly how the money is spent is important to us. It’s important to
our charities. And we know it’s important to you, too. That’s why we’ve made
transparency one of our core values.
For every online auction, CharityStars shows the donation percentage to charity directly below the timer. These amounts vary, depending on the source of the item. Unless otherwise noted, 80% of the net raised amount is remitted to charity. When auctions are provided by one of our suppliers or private donors, CharityStars has a minimum donation rate of 5%.
The purpose of our service fee is to ensure optimal delivery of our services and to sustain
operational expenses crucial for CharityStars' existence. This fee contributes to covering
our daily costs, including sourcing exclusive lots and experiences for auction,
quality control efforts, promotional campaigns, marketing initiatives,
pre and post-sales support, as well as maintaining the technological infrastructure essential
for hosting numerous online auctions. The service fee will always be displayed in percentage
terms in the bidding widget within each auction and may vary from a minimum of 10% to a maximum of 15%.
All of our charity beneficiaries are aware of each item’s donation rate and fee
structure.
In addition to the CharityStars fees, where necessary, the following will be
deducted:
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2-4% flat rate for payment processing fees;
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VAT;
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Third party costs (e.g. agency fees, travel expenses, payment due to private
donors, etc). When possible, estimates of these costs are provided to the
charity prior to launch.
When working with a private donor, the donation percentage and commission
withheld, by means of personal reimbursement, is at the discretion of the
donor. CharityStars has a minimum donation rate of 5% for all private
donations accepted. The private donor must select a charity beneficiary
that is registered with CharityStars.
Private donors are collectors, designers, art gallery owners, artists or
anyone who is qualified to put their articles up for sale (objects and/or
experiences). Once the articles have gained approval from the CharityStars
team, they are put online with the donation percentage clearly listed under
the bid box for the item/experience.
In the case of gala dinners and, Live Auctions, the commission due to
CharityStars will be agreed with the charity before the event, taking into
consideration a range of variables including but not limited to: size of
gala, expected number of attendees, network coverage.