Last updated October 2020
GreenFunder, Inc. (“GreenFunder”) retains ten percent (10%) of all Monthly Subscription fees received from Backers. Ninety percent (90%) of Monthly Subscription fees received from Backers by GreenFunder will be distributed evenly among listers once per calendar month, if such fees have been received that month. Transaction/wire/bank fees, credit card processing fees, as well as the cost of any credit card chargebacks will be subtracted from the amount available for distribution.
The cutoff day for Monthly Subscription fees to be included in a given month’s distribution is the fifteenth (15th) day of each calendar month. Monthly Subscription fees received from Backers after this day will be part of the following month’s distribution to Listers. The distribution amount will be determined on the same day, based on the number of Listers present on the “Explore All Sustainability Organizations” page of the GreenFunder website that day.