Xperedon

Xperedon is an initiative started in 2010, intended to revolutionise the way people make charitable donations. The company's website allows users to add a percentage of their monthly expenditure which is then donated to charity. The website allows customers to then disperse that amount to as many charities as desired. As of June 2011 Xperedon has over 5250 different charities in 25 countries available to support listed on its website, however new charities can be proposed by anyone. Xperedon does not charge charities for being listed on its website.

Expenditure Related Donation System

Xperedon is based on the concept of an 'Expenditure Related Donation System' whereby charitable donations correlate to a persons general expenditure. Xperedon is the first major initiative to match what a person spends to their level of charitable donation. Customers control who they give to, the amount they give, and how the amount is spread. Xperedon then takes care of all of the administration and settlement with the charities. Customers can choose to prioritise their donations, offering a higher percentage to a particular charity, and can alter this amount at any time, for example increasing aid to African charities in a particularly bad year of famine. Xperedon calls the amount a particular customer decides to give their "uplift". Xperedon users can opt to be known to the charities they donate to or to remain completely anonymous.

Relevant Expenditure Related Donation

'Relevant Expenditure Related Donation' is an initiative by Xperedon allowing customers to donate a percentage of their credit card/debit card expenditure whislt ensuring their donations are relevant to their expenditure. The system allows customers to match the nature of charitable donations with the nature of a customer's spending. For example if a customer spends £100 in a restaurant, a £1 donation could automatically be made to a charity that prevents famine.