Amazon Announces $100M Donated to Charities Through AmazonSmile
press.aboutamazon.com
press.aboutamazon.com
I'm wondering how something like Amazon Smile affects customer behavior. Amazon makes you really think about using Amazon Smile (doesn't just donate a portion of all sales to charity, no way to automatically make all direct amazon.com purchases automatically do this). You need to remember or use some tool to make everything through smile.amazon.com.
Is consumer spending affected by this? How much better do users feel about themselves after purchasing on smile.amazon.com vs amazon.com? Are they less likely to return an item? Leave a more positive review?
Obviously any money going to charity is great in the first place, and using smile.amazon.com to give that 0.5% is worth it. Just curious.
On the other hand, I really don’t know how much Amazon cares if I use their mobile app. They don’t get pushy about it.
http://fortune.com/2016/06/22/fortune-500-most-charitable-co...
And technically, net revenue is not the same as profit or net income. Net revenue would be gross revenue minus discounts and a few other things.
It seems like the figure you are using is probably net income.
Or raise your hands and claim it's all a conspiracy I guess.
[1] https://smile.amazon.com/gp/chpf/dashboard/ref=smi_se_rspo_l...
It wouldn't matter what they did there would be hard core naysayers finding issues with it.
Verify with the charitable organization that they registered to receive funds from Amazon!
Amazon's list of charities comes from GuideStar USA which compiled the information from the IRS, and includes organizations which may not have registered with Amazon and thus may never receive the donations. See the section "Charitable Organizations that Do Not Register" here: https://smile.amazon.com/gp/chpf/pd/ref=smi_se_saas_lpd_spd
Last I checked, there is no clear indication to consumers that a listed charity has actually registered.
The best way to verify this on your own appears to be to pretend you want to register that organization on Amazon's Org Central site[0] which will show if it's already registered. (An example search for Child's Play[1].)
As a shopper Amazon does not make this abundantly clear when you're selecting an organization. One thing to look for is the amount of information shown about the organization, specifically the incorporation year, as those that register have to fill out a profile.
According to the FAQ if a shopper selects an organization that is not registered and makes an eligible purchase they will track the donation. If the organization registers they'll get the donation, but if they have not after 2 years then Amazon will contact the shopper and give them 30 days to select a new charity. (I'm not sure if this then resets the 2 year clock or not.) If the shopper does not select a new organization then Amazon reallocates the donation across the registered organizations.
In any case the only way to be 100% sure is to inquire with the organization.
[1]: https://org.amazon.com/npo/search?q=Child%27s%20Play&p=1
Congrats to Amazon, its shoppers, and the employees who pushed for and built this feature.
When a TIN comes in handy is if there are two non-profits with similar names.