February 2025: Introducing Charitable Allowance
As of February 2025, we’ve added a new feature to the Impact Account to get kids and teens involved in charitable giving.
Introducing Charitable Allowance
Help the kids and teens in your life practice their generosity while learning valuable life skills. Give them a monthly allowance to donate to charities and causes they care about.
Learn how to create and manage a Charitable Allowance.
Explore giving back, together
Engage your kids and teens in conversations about generosity and charitable giving when you send them their allowance. We’ll support you and your kids’ journey every step of the way.
Here are some resources to get started:
- Simple Everyday Ways to Talk to Your Kids About Giving
- Inspire Kids to Give Back by Exploring What They Love
Frequently asked questions
How often will I need to contribute to a Charitable Allowance?
An allowance can be given weekly, monthly, or annually. Our recommendation is to schedule a monthly allowance.
How much time will I need to spend on this?
That’s up to you, but you likely want to spend about an hour a month with your child or teen to help guide and discuss how they want to give. This doesn’t need to be a formal conversation, but rather a chat you can have while driving to sports practice, on a walk, or at the dinner table.
What can my kid use the allowance for?
Once they receive the allowance, they can choose how to use the charitable dollars. Charitable dollars stay in their account until they're ready to give to the charities and causes they care about.
How do we get help deciding which charity or cause to give to?
For tips and ideas, check out our blog and follow us on Instagram. You can also contact us for guidance. We’re happy to help.
Is Charitable Allowance only for my own kids?
You have the opportunity to give an allowance to any kid or teen in your life—whether it's a niece, nephew, grandchild, or another young person. This can be a wonderful way to strengthen your bond with them while offering guidance and mentorship.
What features are available on the mobile app?
The Impact Account is available on iOS and Android, but to create and manage a Charitable Allowance, you must use the desktop version.
The mobile app currently allows admins to access an existing Charitable Allowance account, search for charities and give to charities. We’re actively working to expand mobile functionality and bring more features to the app in future updates—stay tuned!