Chariot’s a payment option that nonprofits can add to their website, allowing donors to ‘one-click’ give with their Donor Advised Fund. Chariot enables this by creating a network connecting Donor Advised Funds and nonprofits. Charities add our “Pay with DAF” widget to their website/payment page. Donors click the button, log in to their DAF account, and make a payment in 3 clicks. A donor-advised fund (DAF) is a specialized financial account used for the purpose of charitable giving. It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants (that become donations) to 501(c)3 charities over time.
Salo is the CEO/CTO of Chariot. Before Chariot, Salo was a backend engineer at BlackRock and a founding engineer at Forage (YCS21). Salo graduated Magna Cum Laude from the University of Pennsylvania with a degree in computer science. Salo was a President Innovation Prize finalist, received an outperformance rating at BlackRock, and at the age of 18 co-built a roommate app with 5,000+ users in 2 months with 0 CAC, 5 interns & 50+ brand ambassadors. Salo was born in Caracas, Venezuela.
Aaron is the COO of Chariot. Before Chariot, he was a consultant at Bain & Company. At Bain, he worked for a $100B+ hedge fund looking at public equities in the tech/telecom space. Aaron graduated Summa Cum Laude from the University of Pennsylvania, receiving the highest distinction in his major. He also worked with Adam Grant on his NYTimes’ best-selling book Think Again and Angela Duckworth on her upcoming book.
Drew is the Chief Product Officer of Chariot. Before Chariot, he was a consultant at Bain & Company. At Bain, he ran due diligence on software systems for top healthcare providers. Drew graduated Summa Cum Laude from Dartmouth College with a degree in Human-Centered Design. He has an extensive background in UI/UX and the design workflow process.
Charities add our “Pay with DAF” widget to their payment page. Donors click the button, log in to their DAF account, and make a payment – as easy as Paypal.
A donor-advised fund (DAF) is a specialized financial account used for the purpose of charitable giving. It allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants (that become donations) to 501(c) charities over time. Once considered a tool primarily for the wealthy, DAFs have started gaining mainstream adoption. With over 1.3 million accounts, growing at 37% a year, DAFs are now the fastest growing vehicle in all of philanthropy.
We are planning on launching this fall!
Have a relationship with a nonprofit you think we can help? Invite them to sign up for our Nonprofit Waitlist here
Do you know anyone at nonprofit fundraising platforms like GoFundMe or Blackbaud? We would love an intro!
If you are using any Donor Advised Fund, we would love to learn from your experience.
Let us know what you think!
Aaron