Our team of experts only selects legitimate charities tailored to your causes and continuously monitors their impact.
Receive regular updates on how your donation is making a difference. A new standard of transparency ensures your contribution is being put to the best use.
You’ll be able to see your impact grow each year, and monitor the results of your lifetime giving over time!
Manage and update your donation plan, causes and charities anytime - all through your own Giving Profile.
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No more searching for lost receipts during tax season. Stay organized with a single yearly tax deductible donation receipt, no matter how many charities you give to.
What better way to raise awareness for a cause than to invite others to join you?
Share your giving profile and your impact across social media. Every dollar counts when your donation is pooled together with other donors from the Bono community, making an even bigger impact.
* Based on an average monthly donation plan
Your entire donation goes to charity, less any payment processing fees which The Bono Way Charitable Foundation pays to our payment processor, Stripe. In the future, we plan to offer donors the option to add additional amounts in order to cover these fees.
The full 100% of your donations are included in a single yearly tax-deductible donation receipt provided by Bono. Your donation is processed by the Bono Way Charitable Foundation which has received a 501(c)(3) tax exemption from the IRS.
Bono works with the most trusted legal and financial firms in the U.S. so that you can rest assured that you feel comfortable giving through us.
On the financial side, we work with JPMorgan Chase as our bank, Moss Adams for tax advisory and Ernst & Young as our controller.
On the legal side, we’re represented by Sidley (Sidley Austin LLP) and Adler & Colvin for the Bono Foundation.
On the technical and processing side, we secure and process our transactions and funds through Stripe.
All your funds are transferred directly through the Bono Way Charitable Foundation, which is tax-exempt under Section 501(c)(3) of the Internal Revenue Code. If you are a U.S. taxpayer, Bono will issue you a receipt indicating that your contribution is fully tax deductible.
Bono works closely with foundations, philanthropists, creators and other professionals to suggest charities. We also have our own Impact team of experts who meticulously hand-picked the charities that are shown to make the most significant impact. With hundreds of worthy initiatives out there, our dedicated team continually updates our charity list to ensure a diverse range of organizations benefit from Bono. Our goal is to strike a balance between supporting established, well-known charities and championing smaller ones that, despite their impactful work, might not have the resources or marketing budget to gain widespread attention.
The Bono Way Charitable Foundation is tax-exempt under Section 501(c)(3) of the Internal Revenue Code. If you are a U.S. taxpayer, the Bono Way Charitable Foundation will issue you a receipt at the end of the tax year indicating that your contribution is fully tax deductible.
The Bono Way Inc is a for-profit company, that provides the tech platform for the Bono Foundation, through a licensing agreement.
Let’s start with the important stuff. We are here for one reason: to make giving easier. Bono is the simplest, most trusted and smartest way to donate to multiple charities all at once. You tell us what you care about and decide on a monthly budget, and leave the hard work to us. We will manage all your donations in one place, take away the hassle of selecting which charity to donate to, provide transparency with weekly impact reports, and so much more.
Your privacy is important to us, and we will never share your personal information. Each donation is sent to the respective charity through the Bono Way Charitable Foundation, which processes your donation and provides you with a receipt.
Your donations are split equally between the charities in your Giving Profile. Bono transfers the funds to the charities once a month, to save them the time and the efforts of dealing with small donations.
The Bono Foundation accounting team, overseen by top accounting firms Moss Adams and Ernst & Young, distributes the funds once a month so that the charities we work with do not have to deal with micro transactions on a daily basis.
The impact quantification indicators we use take into account industry benchmarks, information gathered from top charities and market cost. Please note that these indicators are for illustration purposes only. For specific details about the impact of your donation, please visit the charity’s annual report.
Bono will email you a weekly personalized impact report that will showcase impactful actions the nonprofits in your portfolio did over the past week and the accumulated impact of your donations over time. In addition, you can always track your impact at any time through your giving profile, accessible through app.bono.so.
Start your giving plan with as little as $5/month and watch your donation make a huge difference when pooled together with other donors from the Bono community.
The maximum donation limit is currently $1,000 per month. If you are interested in a giving plan that exceeds this limit, reach out to support@bono.so for additional information.
Yes, even $5 can make an impact. Each donation is pooled with thousands of other donors in the Bono community so even a small gift can create lasting change.
As much as we love Bono, he’s not part of this initiative. Our name is inspired by “Pro-Bono” which means “doing good for everyone” in Latin.
