Legal
Donation Terms
The Tip Jones StartUP Scholarship · tipjones.com
Effective date: August 19, 2026
Thank you for supporting aspiring entrepreneurs. These terms apply to donations made to The Tip Jones StartUP Scholarship through links and pages on tipjones.com.
1. Who receives your donation
The Tip Jones StartUP Scholarship has awarded microgrants to aspiring entrepreneurs since 2016. It is incorporated as a North Carolina nonprofit corporation (2021) and is recognized by the IRS as a 501(c)(3) tax-exempt organization. Donations made to the Scholarship are gifts to that nonprofit corporation — not to Tip Jones Global, LLC, which is a separate, for-profit entity that provides administrative support and public visibility for the Scholarship.
2. Tax deductibility
Donations to the Scholarship are tax-deductible to the extent permitted by law. No goods or services are provided in exchange for your donation unless expressly stated at the time of giving (in which case only the amount above the fair market value of what you receive is deductible). You will receive an acknowledgment suitable for tax records; for donations of $250 or more, a written acknowledgment will be provided as required by the IRS. Please consult your tax advisor about your specific situation.
3. Use of funds
Donations support the Scholarship's charitable mission, including microgrants to aspiring entrepreneurs, program administration, and outreach. Unless a written agreement states otherwise, donations are unrestricted and the board directs their use where the need is greatest. If a designated purpose becomes impractical or is overfunded, the board may redirect funds to a closely related charitable purpose.
4. Processing
Donations are processed by third-party payment platforms, whose terms and privacy practices apply to the transaction. We do not store full payment card numbers.
5. Recurring donations
If you set up a recurring gift, you authorize charges at the interval you select until you cancel. You may cancel at any time through the payment platform or by contacting us; cancellation stops future charges but does not refund past ones.
6. Refunds
Donations are generally final. If you made a donation in error (wrong amount, duplicate charge, unauthorized use), contact us within 30 days at info@tipjones.com and we will review the request in good faith and in accordance with applicable law.
7. Eligibility and compliance
Donors must be legally able to make charitable gifts. We reserve the right to decline or return any donation that presents a legal, ethical, or reputational conflict with the Scholarship's mission. The Scholarship complies with applicable state charitable solicitation requirements; financial information is available upon request.
8. Donor privacy
Donor information is handled under our Privacy Policy. We do not sell, rent, or trade our donor list.
9. Contact
The Tip Jones StartUP Scholarship · info@tipjones.com