Charitable Giving
AssigneeCharity Partners, Inc.
InventorJord Williams Poster
Life of this patent
Estimating the term…
Abstract
A method for identifying charitable organizations to receive the proceeds generated from the sale of merchandise includes communicating information to purchasers of the merchandise including a price, identities of charities to which donations can be allocated, and a donation amount. An offer to purchase the merchandise and the identities of two or more charities to which the donation is to be allocated is received.
Claims29
A method of bifurcating a purchase transaction into a first transaction and a second transaction, comprising the steps of:
- purchasing by a purchaser merchandise of a sale value from a vendor for a price, said price comprising a sum of said sale value and a donation amount;
- processing by said vendor of said sale value through a first transaction route;
- and
- processing by said vendor of said donation amount by a second transaction route.
A method of triggering a predetermined course of fund distribution by associating fund distribution logic with a variable in a purchase transaction, the method comprising the steps of:
- communicating by a vendor information about merchandise item a source to a purchaser, the information comprising a price, said price comprising a sale amount and a donation amount to go to a third party;
- receiving from the purchaser an offer to purchase the merchandise;
- accepting by said vendor, said offer to purchase;
- associating fund distribution logic with a variable in said purchase transaction, wherein said variable is selected from the group of the merchandise, the source, the purchaser, and the third party;
- and
- Distributing said price according to a predetermined distribution pattern according to said fund distribution logic.
A method of inducing a merchandise source to donate merchandise to a vendor for a charitable transaction comprising:
- communicating information about said merchandise by said vendor to a purchaser, the information comprising a price, identities of charitable organizations, and a donation amount to be allocated to the charitable organizations upon purchase of the merchandise.
Dependencies are inferred from the claim text.