Quid for Good: Giving Disclosure

Quid for Good is the charitable giving program of Quidonomics, Inc., a Delaware public benefit corporation, doing business as "Quid." This page explains how the program actually works: where the money comes from, the exact moment a donation is created, what can undo one, who the donor of record is, and how money really reaches charities. It is written to match how our systems behave, not how we wish they behaved. If our marketing copy and this page ever disagree, this page wins. If this page and our Terms of Service ever disagree, the Terms of Service win — Section 15 explains exactly how this page and the Terms fit together.

This page is a disclosure, not tax or legal advice. Questions: hello@quid.network.

1. What Quid for Good is — and is not

Quid charges a 30% platform fee on every meeting payment we capture. We give away 9% of the gross meeting price out of that fee, which leaves us 21%. Every meeting we capture splits three ways: 70 / 21 / 9, meaning the company's share, ours, and charity's. One exception raises the giving rather than lowering it: when the seller reached the decision-maker through that decision-maker's own promotion link (a QR code, an email signature, a profile bio or button, a calendar or auto-reply deflection, or the Quidget on the company's site), we give 12% of the gross price and keep 18%. The company's 70% is the same either way.

Quid for Good is a corporate giving program. It is not:

• A charity. Quidonomics, Inc. is a for-profit public benefit corporation, not a 501(c)(3) or other tax-exempt organization.
• A donor-advised fund or fiscal sponsor. We do not hold money in trust for charities, and we never ask sellers, decision-makers, or the public to donate their own money to us. A donor-advised fund is involved, but it is not us: our grants are made through Change, whose affiliated 501(c)(3) sponsors the fund that receives our money and grants it onward. Section 8 describes that hop, because it changes who the recipient's money legally comes from.
• A way for sellers or decision-makers to donate. Sellers pay for meetings. Companies earn revenue. Quid then donates from its own receipts. Choosing or nominating a charity on Quid does not make you a donor, and it does not entitle you to a charitable tax deduction (see Section 5). A company that opts in to giving from its own share is the one exception — Section 5 covers that too.

One label we will not hide behind: many states regulate businesses that advertise "buy this and a charity benefits" (as "commercial co-venturers" or "charitable sales promotions") and platforms that receive and deliver other people's charitable gifts (as "charitable fundraising platforms"). Parts of this program can fall within those laws. We do not claim an exemption by calling ourselves something else — where those laws apply to Quid, we register, sign the required written agreements with charities, make the required disclosures, and transfer funds as those laws require. Section 14 spells this out.

2. The split, in plain numbers

Every captured meeting payment splits the same way:

On a $100 meeting: $70 to the company, $21 to Quid, $9 to charity.

The 9% is a single grant to a single organization; Section 6 explains how we choose it. Internally, giving is defined as 30% of Quid's fee rather than as a standalone percentage of the price — so if our fee ever changes, our giving scales with it automatically. All splits are computed in whole cents, rounded down, and any sub-cent remainder stays with the share it came from. We never lose or invent cents.

Quid does not currently offer company-funded giving: nothing comes out of a company's 70%.

3. Exactly when a donation accrues

On Quid, a seller's card is authorized when a pitch is submitted, and the payment is finalized only when the decision-maker marks the meeting joined. Donations accrue at the moment the meeting payment is finalized — and only then.

Most meetings are card-funded, and for those, "finalized" means the seller's card is charged. Some meetings are funded instead from a company's reinvested platform credit (a team-account feature where a company's earlier Quid earnings stay on the platform as spending credit). No card is ever charged for a credit-funded meeting — but the donation accrues at the same moment: when the decision-maker marks the meeting joined and the payment is finalized against the company's credit.

• At submission: nothing accrues. For card-funded pitches the card is on hold; either way, no payment has been finalized and no donation exists.
• At acceptance: nothing accrues. We take a snapshot of the giving routing — which charity the decision-maker has nominated and which the company has — so that later settings changes can't rewrite a meeting already in flight. A charity that has been deactivated by then is dropped from the snapshot rather than carried forward broken.
• At finalization: the moment the decision-maker marks the meeting joined — the card is charged, or the credit is drawn — the split is computed and the donation entries are written to our ledger. This includes meetings where the decision-maker attended but the seller did not: the seller is still charged under our Terms of Service, and the donation still accrues. (Sellers have 48 hours from the recorded outcome to dispute attendance; our operators resolve disputes, and a resulting refund unwinds the donation under Section 4.)
• If the payment is never finalized — the pitch is declined, withdrawn, expires, or the decision-maker no-shows — no donation ever existed, because no money ever moved.

Two mechanics behind the charge itself, because they matter: sellers consent at checkout to having their card saved for this delayed, off-session charge, and our scheduling system only allows meeting times that fall safely inside the card authorization window — we do not capture against stale authorizations. The charge-on-joined rule, including the seller no-show case, is a term of the Terms of Service sellers accept when they pay for a pitch.

A newly accrued donation is a pending ledger entry: a recorded commitment, not money already delivered to a charity. Section 8 explains when it actually gets paid, and Section 15 explains the legal status of a pending entry.

4. What can reverse a donation

Donations track the underlying payment. If the payment comes back, the donation comes back too:

• Full refund. If we refund a seller in full, every still-pending donation entry from that payment is reversed. Money returned to the seller was never given away, and our public figures are restated to reflect that.
• Partial refund. Pending donation entries from a partially refunded payment are frozen for manual review. We will not pay a charity from a partially refunded payment until the numbers are reconciled.
• Chargeback. If a seller disputes the charge with their bank and the dispute resolves against us, pending donations from that payment are reversed.
• Already granted. A grant we have already sent is not reversed automatically, and once the fund has paid the organization we do not ask for it back. There is a window before that, though, and we use it: our grants are billed to us monthly, so a grant made and then undone by a refund or chargeback before that month's invoice can still be recalled. Our systems flag every one of these for a person the moment the payment reverses. After the invoice, the money is gone and the loss is ours, not the charity's.

Because of this, numbers on our public dashboard can be restated downward after a refund or chargeback. We think that's more honest than pretending donations are irreversible.

5. Donor of record and taxes

The 9% (Quid's giving). The donor of record is Quidonomics, Inc. The donation comes from Quid's own receipts — not from the seller's payment and not from the company's 70% — so any charitable tax deduction belongs to Quid alone. The receipt for each grant is issued to Quid, as donor of record, by the 501(c)(3) that sponsors the donor-advised fund our grants pass through — not by the organization that ultimately receives the money.

• Sellers: you paid for a meeting. Your payment is an ordinary business expense, not a charitable contribution. You do not receive a charitable deduction or a donation receipt.
• Decision-makers and companies: nominating a charity costs you nothing and gives you nothing for tax purposes. When we describe giving "in your name" or as "impact credit," that is attribution on our ledger — the legal donor is Quid.

Company-funded giving. Not currently offered. Nothing is withheld from a company's 70%, and no company is recorded as a donor of record on our ledger. If Quid offers it in future, this section will describe how it works before it is switched on.

Nothing on this page is tax or legal advice.

6. Where the 9% goes — nominations and routing

Quid's 9% (12% on a meeting the seller reached through the decision-maker's own promotion link, Section 2) is one grant to one organization. Exactly one of these applies, and we take the first that exists:

1. The decision-maker's nominated charity — whatever they nominated, in their profile or when claiming a door knock.
2. The company's nominated charity — used when the decision-maker has not nominated one.
3. Our standing default — used when neither has. One charity, named in advance on our partner roster, that every undirected grant goes to. We publish which one and can change it going forward, but we do not choose per meeting: deciding case by case where undirected charity money lands is the kind of discretion this program is built to avoid.

The decision-maker's pick outranks the company's, deliberately. The 9% is Quid's money, not the company's, so a company whose pick is outranked gives up nothing: its 70% is untouched, and it still controls the optional giving in Section 5, including how much of that follows the decision-maker's pick. No company is publicly tied to a charity it did not choose either, because our public ledger reports totals by charity and never attributes a grant to a company.

Details that matter:

• Decision-makers never give from their own pocket. A decision-maker on Quid only nominates where Quid's money goes; their company keeps its full share either way. Our outreach emails say the same thing: nominate a charity and Quid donates from its own fee — you give up nothing.
• Revenue goes to the employer, never the individual. The company's 70% is paid only to a payout account verified for the company as a business (sole proprietors must have a registered company) — never to the decision-maker personally. A decision-maker cannot route meeting revenue to an account they personally control.
• Who can take paid meetings. Quid is for commercial, business-to-business introductions. Government officials and employees may not accept paid meetings through Quid, and meetings touching healthcare purchasing, government procurement, or similarly regulated decisions get enhanced review — gift, anti-kickback, and commercial-bribery rules in those settings are strict. Our Terms of Service require each decision-maker to confirm they are authorized to take a paid meeting and to direct the funds to their employer's account.
• Companies nominate exactly one charity at a time, chosen from the active partner roster. Companies do not allocate across the whole roster.
• Company-funded giving is not currently offered, so no company money is routed under this section.
• Routing is frozen at acceptance. Changing a nomination later affects future meetings, not ones already in flight. An approved nomination is the same case: if a charity you asked us to add clears review, it applies to meetings accepted after that, and never redirects money already recorded against a different one.
• Quid-funded grants have no routing deadline. They stay committed on our ledger until disbursed on the schedule in Section 8.

7. Named partners vs. the discretionary pool

Every donation entry either names a specific partner charity or sits in the discretionary pool — money committed to charity but not yet directed to a specific one. Discretionary funds come from meetings where neither the decision-maker nor their company had nominated a charity.

Undirected money now carries a destination from the moment it accrues: the standing default in Section 6. That makes it as traceable as any other entry — the ledger names the charity, not a pool — while the entry still records that nobody chose it, which is a different fact from a nomination and stays visible as one.

Entries older than that default, and any recorded while no default is set, remain genuinely undirected. Those appear on the public ledger as a single pool figure and are released by an operator, who records internally which charity received them. We have not built public per-recipient reporting for that older money, and rather than restate history we are letting it age out.

8. How money actually reaches charities — the honest version

Grants go out automatically, through a donor-advised fund. Accrued donations sit as pending entries on our ledger until they mature, and a scheduled job then sends each one to Change, our donation provider. Change confirms the organization's eligibility, runs sanctions and tax-status screening, and pays the organization out. A recipient does not need an account with us and does not need to onboard anywhere to be paid.

The money takes one hop we want stated plainly. Quid does not pay the recipient organization directly. Our grant goes to a donor-advised fund sponsored by Change's affiliated 501(c)(3), and that fund makes the grant to the organization. Three things follow from this, and all three are ordinary for donor-advised funds:

• The recipient's money legally comes from the fund, not from Quid. An organization receiving a Quid-funded grant is receiving a grant from the fund's sponsor. Where we say a charity received money "from Quid," we mean the grant our giving paid for, made on our recommendation.
• Our recommendation is a recommendation. By law, a donor-advised fund's sponsor holds final authority over its grants and is not obliged to follow the donor. We have no reason to expect a refusal for an organization Change has already cleared, and we are not aware of one happening, but we will not describe a routing choice on this page as something we can guarantee end to end.
• Quid's charitable deduction attaches at the fund, on the terms in Section 5.

What we commit to, and what is true in practice:

• Donations accrue per transaction and are granted by a daily sweep, not by a manual review cycle.
• A 30-day maturity hold. An accrued donation is not granted until 30 days after it accrues. That window exists so that a refund, dispute, or chargeback settling after the fact cannot send out money that was returned to the buyer. Refunded payments are never granted; a partially refunded payment is granted at the reduced amount.
• Each sweep is capped at a fixed number of grants, so a large backlog drains over several days rather than in one batch.
• Grants are idempotent. Each grant carries our ledger entry's own id as the provider's deduplication key, and that id is uniquely indexed on our side, so a retry after a timeout cannot pay the same entry twice.
• Until a donation matures and is granted, charity-bound money — Quid's 9% and the fallback pool in Section 9 — sits on Quid's payment-platform balance as part of our general funds. It is not held in a segregated trust, escrow, or client account. Where the money we hold belongs to someone else on its way to a recipient — a held payout — we hold it as the sender's agent for delivery, we structure these flows to comply with money-transmission and payment-platform rules, and the maturity window above exists partly to keep those holding periods short and predictable.
• If Quid ever winds down, accrued-but-undisbursed charity commitments are paid to charity before any distribution to stockholders.
• An entry stays pending if its destination is not currently active on our roster or is not linked at the provider. It is held, not redirected to a different organization.
• If a company-funded donation cannot reach its destination, we do not redirect it to a different charity. Each company-funded entry carries a 45-day marker; once that passes, the entry becomes eligible to be returned to the company as ordinary revenue. That return is a deliberate operator decision — no automated return exists — and until an operator resolves the entry, it stays pending on our ledger.

9. The 12-month unclaimed-payout rule (separate from the 9%)

There is a second, less obvious way money reaches charity on Quid, and we want it disclosed plainly. This rule is a term of our Terms of Service, which every company accepts when it joins; this section summarizes how it works.

When a meeting payment is captured, the company's 70% is paid out through our payments provider (Stripe Connect). Three paths exist:

• Connected payout account: the money is transferred to the company.
• Reinvested earnings: companies that opt to reinvest keep the 70% as platform spending credit instead of a cash payout. They never enter the holding flow below, and the 12-month rule does not apply to them.
• No connected payout account: we hold the money and keep trying. Once the company connects — even on the last day — the held money is paid out at the next daily processing run (payouts resolve once a day, so allow up to about 24 hours after connecting).

While money is held, we send the company repeated reminders that money is waiting and a payout account is needed — by email, and through any other contact channel we have on file.

If the company still has not connected a payout account 12 months after the charge, the held amount is routed to charity instead:

• to the charity the decision-maker had nominated (as snapshotted at acceptance), if there was one;
• otherwise into the undirected pool, for Quid's operators to direct at disbursement.

Once routed, the company has forfeited that payout — subject to three honest qualifiers:

• Review before the money is gone for good. Routed money is not granted immediately: it waits out the maturity hold in Section 8 first. Until it has actually been granted to a charity, a company can email appeals@quid.network and ask us to review its case; we decide such reviews at our reasonable discretion.
• Unclaimed-property law comes first. State unclaimed-property (escheat) laws govern money owed and unpaid. Where the law requires us to handle an unclaimed payout differently — including reporting and remitting it to a state — we follow the law, not this rule.
• Refunds and disputes. Disputed payments are held until the dispute resolves; refunded payments are closed out of the queue entirely — that money went back to the seller, so there is nothing left to hold or route. If a payment is refunded after its 70% was already routed to charity, we reconcile manually.

Taxes on routed payouts. If your company's 70% was routed to charity, our payment processor's tax reports (such as a Form 1099-K) may still show the gross amounts processed for you, including money you never received. We do not issue a donation acknowledgment to the company for routed amounts, and a company should not assume routed money counts as its charitable contribution — the tax characterization of forfeited payouts is genuinely unsettled, and we are resolving it with tax counsel; we will state the treatment here once it is settled. Talk to your tax adviser, and contact us if a tax report doesn't match what you were actually paid.

Transparency note: this fallback pool is tracked on a separate internal ledger and is not yet included in the public dashboard totals described in Section 10. We're disclosing it here so the public numbers can't be mistaken for the whole picture.

10. The public dashboard and ledger

Our Quid for Good page shows live program figures: the total committed to charity, the number of contributing transactions, the average per transaction, the number of partners actually funded, an allocation breakdown by cause area (education, climate, health, and so on, plus the discretionary pool), and a full partner ledger listing each active partner's received total plus a single figure for the discretionary pool (which, per Section 7, stays a single pool figure even after discretionary money is paid out).

Read it with these definitions:

• "Committed" includes money not yet paid out. Totals count both granted donations and accrued-but-pending ones. Pending money is on our ledger and our balance, not yet granted to anyone. A granted one has gone to the donor-advised fund described in Section 8, which pays the organization; our ledger records the grant, not the organization's deposit.
• Figures can be restated. Refunds and lost chargebacks reverse pending donations (Section 4), so numbers can go down as well as up.
• The page is updated every few minutes, not literally in real time — it is cached for about five minutes.
• Aggregates only. The dashboard shows no names, no individual payments, and no personal information. The underlying donation ledger is not publicly readable.
• The Section 9 fallback pool is not yet reflected in these totals.

11. Who a grant can go to, and who checks

Eligibility and compliance are our donation provider's, not ours. Grants are made through Change. Change determines whether an organization is eligible to receive a grant, performs the verification and screening a grant requires, and issues the receipt. Those checks are governed by Change's own terms and policies, not by this page, and we do not restate them here — read theirs.

What remains ours is narrower and worth stating plainly:

• Which organizations we put on our roster. We choose them, and we may decline, suspend, or remove any of them at our discretion. Being eligible at Change does not make an organization a Quid partner.
• We don't fund advocacy organizations or political action.
• We may withhold or suspend any disbursement we reasonably believe would violate law. A held company-funded entry still follows Section 8: back toward the company, never to a different organization.

Nominating a charity. Anyone with access to a company's Quid for Good settings can nominate a charity for the roster from their workspace, and anyone at all can nominate one by emailing good@quid.network with the organization's name, website, EIN (or equivalent), and why it belongs. The workspace form searches our donation provider's directory, so a nomination can name the exact organization rather than describing it.

Nominating is prospective, always. It is a request to add an organisation, not an instruction about money. While it is under review your meetings fund whatever your current pick routes to, and if it is approved it becomes available to choose from then on. Grants already recorded keep the routing they were recorded with, because the alternative — quietly re-pointing committed money when the roster changes — is the thing that would make every figure on our public ledger provisional.

A nomination is a proposal, and it clears two gates before it is a destination. Our donation provider has to be able to make a grant to the organization at all, and we have to add it to the roster. We match organizations by provider ID rather than by name, because names collide in ways that matter — a grant sent to a similarly named organization is not traceable from our side afterwards — and Section 12 covers the consent we seek before naming a charity or sending it money. Nominations are reviewed by a person. We don't promise a response time, and we don't promise that any nomination will be added.

12. Partner consent and no endorsement

Charities on our roster passed our eligibility review — nothing more. A listing is not an endorsement of Quid by the charity, and a donation does not imply the charity's affiliation with, sponsorship of, or approval of Quid or its users. Charity names and marks belong to their owners.

Consent is our policy, not an afterthought. Before we name a charity in marketing or send it money, we seek its written consent through a partner agreement covering use of its name and marks, the promotion itself, payment mechanics, and what happens if a payment behind a donation is later refunded after disbursement — the same agreements several states require for charitable sales promotions (Section 14). A charity that does not want to appear on our roster or in our materials can email good@quid.network and we will remove it.

13. Substitution and removal

If a partner charity loses its tax-exempt status, becomes unable to receive funds, or otherwise stops meeting our standards, we may suspend or remove it from the roster. Money already disbursed to a charity is not affected. For pending donations directed to a removed charity, the path depends on whose money it is:

• Quid-funded entries are redirected at our reasonable discretion — to the nominator's replacement choice where practical, otherwise through the discretionary pool — and the eventual recipient is recorded in the ledger like any other disbursement.
• Company-funded entries follow Section 8 instead. We never redirect a company's own money to a different charity; those entries stay pending and may be returned to the company as ordinary revenue.

14. How we advertise this program — and the rules our outreach follows

Charitable-promotion laws. Advertising that a purchase triggers a donation makes the advertiser a "commercial co-venturer" or "charitable sales promoter" in many states, and receiving and delivering company-directed gifts can make a platform a "charitable fundraising platform" under California's regime, which other states are copying. We treat these laws as potentially applying to this program and comply where their terms reach us: registering and posting bonds where required before a promotion runs (Massachusetts and Alabama require both), signing written agreements with each charity named in a promotion (Section 12), making the disclosures those laws require in the advertising itself, filing required accountings, and transferring funds within statutory windows where they apply.

Per-unit disclosure in the ads themselves. Any Quid marketing or outreach that invokes this program states the actual giving amount — 9% of the meeting price ($9 on a $100 meeting), or the dollar figure for the specific meeting — in the message itself, not just on this page.

Outreach is written, never dialled. Door-knock outreach and program marketing reach people in writing. We do not send marketing text messages or place marketing calls, and we will not start without first building a documented consent framework that satisfies telephone-consumer-protection laws.

Email rules we follow. Where we send commercial email, every message identifies Quid as the sender, uses accurate header and subject lines, includes our physical postal address, and contains a working unsubscribe. Opt-outs are honored within 10 business days, applied across every tool we send from, and once you opt out we send you no further marketing — transactional messages about a meeting or payment you are already part of are separate.

15. Legal status of this page

This page is incorporated into, and subordinate to, our Terms of Service. The order of precedence is: the Terms of Service first, then this page, then anything in our marketing copy. Any dispute about Quid for Good is governed by the dispute-resolution provisions of the Terms of Service.

No third-party rights. A pending ledger entry is a commitment Quid makes unilaterally and can revise only as described in Sections 4, 13, and 14. It is not money held in trust (Section 8), and until the money is actually disbursed, no charity, company, seller, or decision-maker acquires an enforceable right to it. This page creates no third-party-beneficiary rights. This does not weaken the pledge — 9% of every captured payment is committed to charity, subject only to the reversals in Section 4 — it means that Quid alone decides where and when, within the rules on this page.

16. Changes to this program

We may change Quid for Good — the percentages, the routing options, the partner roster, or this disclosure — on a prospective basis. Donations already recorded on the ledger keep the routing they were recorded with. The current version of this page, as published on quid.network, is the one that applies, and we keep dated, archived copies of every version we publish.

17. Contact

Quidonomics, Inc., a Delaware public benefit corporation, d/b/a Quid [POSTAL ADDRESS]

• General questions: hello@quid.network
• Charity nominations: good@quid.network

Quid for Good is administered by Quidonomics, Inc. It is governed by the laws of the State of Delaware and by our Terms of Service, into which this page is incorporated (Section 15).