We all know that joyous, warm, and cozy feeling like we once had as a kid on Christmas morning unwrapping presents that washes over us when we get our online-shopping order delivered. But wouldn’t it be so much better if your purchase did some social good in the world as well? Instead of having the guilty wet blanket feeling right after buying a guilty pleasure, what if instead we could feel empowered, like we made a real difference?
VetCashback.com, a coupon-and-cashback website that offers its members the highest amount of cashback and exclusive deals, coupons, and real time cost savings, just announced that they’re entering the market to end Veteran homelessness by flipping the script on the donor-recipient relationship. Instead of asking for money, VetCashback.com‘s approach is to pay donors for their involvement in ending Veteran homelessness by paying a cashback rate higher than the competition as well as provide a tax writeoff on the remaining proceeds used by the foundation and not paid out to members.
Instead of pursuing donor lists or using taxpayer funded government grants, the Parkman Foundation Inc, a Florida charitable nonprofit corporation will instead use revenues it generates from advertising revenue and affiliate commissions across multiple web properties in order to provide for Veterans needs.
Founder & CEO, JD Parkman of Orlando, FL, said, ”We simply took what we know and used it in a way that’ll hopefully bring an end fo Veteran homelessness and needless suffering.” He went on to say that the Parkman Foundation, Inc will both allocate funds to other Veteran nonprofit charity programs around the country as well as run their own private program free from regulation and constraints. Parkman mentioned, “We just want to focus on what’s best for each and every Veteran given their unique circumstances so they’re able to recover. Our focus is strictly on the Veteran.”
How cash-back sites reward you
Users sign up for a free membership and then use VetCashback.com as their personal shopping portal. Rather than going directly to a retailer’s website, you first log in to VetCashback, click on a store or product link that would take you to that retailer’s site, where you then complete your shopping as usual.
After VetCashback.com verifies your transaction, the earnings get approved and made available for withdrawal. VetCashback.com offers cash back at over 1.300 online retailers, according to Parkman.
The percentage of earnings varies by store. The average cash-back offer at VetCashback is 7%, Parkman says. “Our cash-back site has both coupons and cashback, which gives you double the savings, not to mention that you will also be able to write off the other 50% of the proceeds that were used to help Veterans. This makes us the highest cash savings website online today and we are excited about what we’ve worked countless hours and months to bring as a solution.”
Where the money comes from
“Take a cash-back site with an offer for 7% cash back at Best Buy, for example. If you click on the offer link before shopping, it will take you to the Best Buy website to complete your purchase. On a $300 TV, you would get back $21 after your transaction is completed and verified. All you have to do is to take one extra step in the whole shopping process,” he says.
So where does your cash come from? Cash-back websites develop relationships with retailers and get paid affiliate commission fees to refer customers. Parkman’s website then shares a portion of their referral revenue with their members who shop through him and donates the rest to help end Veteran homelessness.
“The Parkman Foundation is committed to donating profits to Veterans to end the plague of homelessness while working tirelessly to add efficiency to the entire system,” said Parkman.
Company Name: Parkman Foundation, Inc
Contact Person: JD Parkman
Email: Send Email
Address:7901 4th St N Ste 4000
City: St Petersburg
Country: United States