Frequently Asked Questions
The Jewel In Giving family has been in the wholesale jewelry business for over 30 years. For 20 years, philanthropy has been at the heart of who they are both personally and professionally. The Jewel In Giving created the "blended philanthropy" model to connect the ever thriving jewelry industry with philanthropy to allow for charities to increase their fundraising revenues in a way that has never been done before. It became so apparent that jewelry and philanthropy are a natural complement to each other, for they both create an emotional connection. Jewelry purchases are always a special purchase! Jewelry honors milestones, it commemorates a special moment or event, it is always a heartfelt gift for someone special and a beautiful investment for a gift for oneself. Donating to a charity that is near and dear to your heart has the same level of significance and evokes the same kind of feelings and emotions. Purchasing jewelry and making a difference in the world fit beautifully- for every time the jewelry is worn it is a reminder of how the jewelry “sparkles” the soul and how the world is a better place because of that purchase. The Jewel In Giving created the "blended philanthropy" model to connect the ever thriving jewelry industry with philanthropy to allow for charities to increase their fundraising revenues in a way that has never been done before.
In order for this hybrid relationship to carry out our vision to offer charities a tool that would afford them a substantial financial impact, we had to determine how much we could realistically share of our profits. Since we have been wholesalers of diamonds and manufacturers of all different types of jewelry for over 30 years, we had a solid reference point to confidently determine how we could offer the most competitively priced jewelry, while being able to share a significant amount of donate-able dollars with the charities. It is our belief that business and charity can work together and mutually benefit from each other's success. We also feel that it is a gift to be able to share 12.5% of our total gross sale and know that we are able to do our part in changing the world. We can't imagine spending that profit in any better way!
With each and every purchase made 12.5% of the TOTAL GROSS SALE (not net sale) is donated to the designated charity. 24/7, 365 days a year, the jewelry customer can confidently make a purchase knowing that they are buying beautiful jewelry at the most competitive prices and that is with the 12.5% always included in that price. Your organization always receives 100% of the total donation.
TRANSPARENCY is the most important aspect in how The Jewel In Giving distributes the donations to the designated charities. Once a customer has made a purchase and designates the donation to a participating charity of their choice, an acknowledgement is sent to the customer showing the amount and to which charity the donation will be distributed to. The charities also receive an email apprising them of how much and from whom the donation has been designated. This allows for your organization to personally thank the customer. The only time a charity is not afforded the name of the donor, is when someone chooses to remain anonymous. However, the organization is always apprised that a designation has been made to their organization. It is our hope that all customers will afford the organization their name, so that they can have the gratification of doing something good and of course also to allow for the organization to be able to thank them accordingly and cultivate a beautiful giving relationship.
The Jewel In Giving Foundation has been established to be the vehicle in which all donations are distributed to the respective charities. The Jewel In Giving wanted their jewelry customers and the charities to have full confidence that the entire 12.5% of each jewelry sale was being donated. The Jewel In Giving LLC manages all of the expenses and there is never a deduction from the amount being donated.
No, The Jewel In Giving is donating the 12.5% of the gross sale to the charity that is designated by the customer. All donations are made possible because The Jewel In Giving has allowed for the jewelry customer to use 12.5% of the gross receipts of every sale to designate to a participating charity that is meaningful to them.
Every participating organization can go into their Account and under Ecommerce Donations they will be able to see a complete history of who has designated them as the beneficiary of donations, how much they designated, how much has been designated to date, how much has been designated that quarter (both pending and approved) and how much will be distributed through ACH transfer on the next quarterly disbursement. The jewelry customer is also able to follow their designated donations within their Account page.
The one time $250 Participation fee allows for an IRS 501(c)(3) vetted organization to be continually listed on The Jewel In Giving eCommerce site and affords them the opportunity to receive 12.5% of the total gross sale in which they have been designated as the beneficiary. Also, for one full year upon sign up, the organization has the ability to utilize our Consignment Program and our Marketing and Fundraising Materials.
Yes, for an annual $100 fee, your organization will be able to continue to utilize The Consignment Program and also have access to the Quarterly Marketing and Fundraising Materials.