Saturday, November 12, 2011

American Express' Charitable Giving

American Express is the world’s largest card issuer, processing thousands of transactions daily. It also helps small businesses succeed by providing them purchasing power and financial control. This Fortune 500 Company offers commercial payment tools that aid individuals and companies in controlling their spending and saving money to pursue ventures.

As one of the most innovative companies in the financial services industry, American Express continues to think of ways to improve their services – not only to their clients but also to the community. As a way of giving back, the financial services institution created programs that encourage community service and engagement. They do this by supporting organizations that cultivate meaningful opportunities for civic engagement, and by providing immediate support and relief to help victims of natural disasters.

One of their recent grants was awarded to the Asian Women’s Welfare Association (AWWA) in Singapore. This organization provides shelter and rehabilitation to over 100 seniors lacking financial or familiar support. American Express’ funding made possible the improvements in the living conditions of the residents, uplifting their morale.

AWWA is just one among thousands of non-profit organizations that American Express supports. There are many other unnamed benefactors of their charitable giving, realized through the use of any American Express card. This new innovation in their system allows clients to make charitable donations with every credit card swipe.  It works this way: every credit card purchase is rounded up to the nearest dollar, and the additional change added to the charge is donated to a charity the client has chosen. A passive cycle of charitable giving is fostered through this method.

Clients can also purchase charity certificates from American Express. Charity certificates are a gift people can send to anyone all over the world. This gift not only benefits others but you as well. Every tax benefit purchase is tax deductible to you to the extent allowed by the law.

American Express is one of the best partners you can have when giving to charity.

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