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 30% of that fee — 9% of the gross meeting price — out of our own money.

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 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 three equal slices of 3% each; Section 6 explains where each slice goes. 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.

Separately, a company can choose to donate part of its own 70% (Sections 5 and 6). That is optional, defaults to zero, and is on top of — never instead of — Quid's 9%.

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 the company's giving settings — 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 disbursed. If money was paid to a charity before a refund or chargeback, we cannot automatically pull it back from the charity. We reconcile those cases manually.

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.

• 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.

Optional company giving. A company can direct 0–100% of its own 70% to charity (default: 0%). On our ledger, the company is recorded as donor of record for those amounts. Mechanically, Quid withholds the amount from the company's payout and pays the charity itself. Whether and how a company can claim a deduction for amounts handled this way depends on its own circumstances — talk to your tax adviser. The giving statements we provide are exports of our ledger, not charity-issued donation acknowledgments. Because Quid receives and delivers these company-directed funds, this feature may be regulated as platform-based charitable fundraising in some states; Section 14 describes how we handle that.

Nothing on this page is tax or legal advice.

6. Where each slice goes — nominations and routing

Quid's 9% is three equal slices:

1. Quid discretionary — always. Quid picks the recipient at disbursement, from our active partner roster.
2. The decision-maker's nominated charity — if the decision-maker has nominated one (in their profile, or when claiming a door knock). If not, this slice joins the discretionary pool.
3. The company's nominated charity — if the company has nominated one. If not, this slice joins the discretionary pool too.

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.
• Optional company giving splits between the company's nominated charity and the decision-maker's nominated charity according to the company's settings. Any portion that has no valid destination charity simply stays with the company as revenue — we never force a company's money to charity.
• Routing is frozen at acceptance. Changing a nomination later affects future meetings, not ones already in flight.
• Quid-funded slices 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 the always-discretionary first slice and from meetings where nobody nominated a charity.

When we disburse discretionary money, the operator records internally which charity received it. We want to be precise about what that record does and does not buy you: directed donations are publicly traceable to a named partner on the ledger. Discretionary donations are not — on the public ledger, discretionary money appears as a single pool figure, including after it has been paid out. The recipient of each discretionary disbursement exists in our internal records, but we have not yet built public per-recipient reporting for it. Until we do, read the public discretionary figure as "committed, and once disbursed, paid to charities Quid chose" — not as a per-recipient accounting.

8. How money actually reaches charities — the honest version

Disbursement is manual and periodic. There is no automated payment from Quid to charities today. Accrued donations sit as pending entries on our ledger until a Quid operator reviews them, pays the charity, and marks the entries disbursed with a reference. Before paying, we check that the underlying payment wasn't refunded.

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

• Donations accrue per transaction and are disbursed periodically, in batches, after manual review.
• Our disbursement schedule. We run a disbursement review at least quarterly, and we disburse each accrued donation within 90 days of accrual unless it is held for refund or dispute reconciliation (Section 4), held for compliance screening (Section 11), or its destination charity cannot yet receive funds. Nothing in our software enforces this schedule — it is a policy we keep by hand, and we would rather tell you that than imply automation we haven't built.
• Until disbursed, charity-bound money — Quid's 9%, optional company giving, 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 company's own giving, or 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 schedule above exists partly to keep those holding periods short.
• If Quid ever winds down, accrued-but-undisbursed charity commitments are paid to charity before any distribution to stockholders.
• A charity that hasn't completed onboarding with us can still accrue donations; they stay pending until we can pay, and the 90-day clock pauses until the charity can receive funds.
• If a company-funded donation can't reach its destination charity (for example, the charity never completes onboarding), 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. The return is a manual operator decision — no automated return exists today — and until an operator resolves the entry, it stays pending on our ledger.

9. The 30-day 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% — net of any optional company giving it elected under Section 5 — 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 30-day 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 30 days 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. Like everything in this program, disbursement to charities is manual and periodic (Section 8). Until routed money has actually been paid to a charity, a company can email hello@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, the number of member companies on the platform (that is every active company — not a count of companies that give), 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 disbursed donations and accrued-but-pending ones. Pending money is on our ledger and our balance, not yet in a charity's bank account.
• 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. Partner vetting, eligibility, and compliance screening

Our partner roster is curated by people, not algorithms. Our eligibility policy:

• Partners must be verified 501(c)(3) organizations or, for non-U.S. organizations, verified as charitable under the law of their home country — that is what we mean by "international equivalent," and any non-U.S. partner gets enhanced review before we pay it.
• We don't fund advocacy organizations or political action.
• In vetting, we look at third-party ratings (such as Charity Navigator), audited financials, and clear impact metrics.

These are review standards we apply with human judgment — they are policy, not guarantees enforced automatically by our software. We may approve, decline, suspend, or remove a partner at our discretion.

Two screening commitments that are firm:

• Sanctions. We screen every partner against U.S. sanctions lists (including OFAC's) at onboarding and again before each disbursement.
• Ongoing status. We re-verify partners' tax-exempt status periodically — including against the IRS auto-revocation list — rather than checking once and assuming forever.

We may withhold, suspend, or redirect any disbursement we reasonably believe would violate law. (Redirection of company-funded entries still follows Section 8: back toward the company, never to a different charity.)

Nominating a charity. Any signed-in user can nominate a charity for the roster — from their workspace, or by emailing good@quid.network with the organization's name, website, EIN (or equivalent), and why it belongs. Nominations are reviewed manually. 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 ad or email itself, not just on this page.

Outreach is email only. Door-knock outreach and program marketing go out by email. 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. Every commercial email we send 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).