Creating More Extending Digital Solutions for Giving & Fundraising 44 Generosity by the Numbers Ways to Give 270M+ $20B+ In 2022, we continued to enhance giving solutions for Number of Nonprofits Supported YoY45,46 our customers across our products. For example, we At PayPal, we aim to promote generosity through the donations in funds donated facilitated over 23 million donations through our Give 2022 1.0M power of our technology. In 2022, we enhanced our enabled through PayPal at Checkout solution, which provides customers the 2021 1.1M platform and embarked on new partnerships to provide option to give a microdonation when they check out customers with more ways to support the causes they with PayPal. 2020 1.1M care about. In addition, we supported donations to personal 0 200 400 600 800 1000 1200 fundraising campaigns from more than 1.1 million Offering Multiple Channels to Make Optimizing Grant Accessibility people through PayPal Fundraisers, representing a Giving Easier 124% increase from 2021. Funds Raised for Nonprofits YoY46 In 2022, we partnered with 1,400 charities We continued to leverage our technology and scale to National Philanthropic Trust supported We launched several new giving tools in 2022, including 2022 $19.2B provide organizations and customers with new ways and Vanguard Charitable to the following: launch Grant Payments, a $25M in grants 2021 $18.4B to give. In 2022, we enabled more than 270 million new tool that enables donor- distributed • We recently introduced Donate with Rewards in donations through the PayPal Giving Platform, directly the U.S. to allow customers to donate the cash 2020 $16.6B supporting nearly 1.4 million nonprofits and other advised funds sponsors, community foundations and others to deliver equivalent of their PayPal Rewards points to the cause 0 5 10 15 20 causes, and surpassing $20 billion in funds donated grants to charities electronically for faster and of their choice. The addition of Donate with Rewards for the first time in PayPal history. easier grantmaking. expanded donation options within the PayPal app is Our Four Giving Channels one of the many ways we helped customers raise over Funds Raised for Causes Through Personal or $255 million through the digital wallet in 2022, a 40% Business Fundraising 1 Nonprofit-Owned: Donations made directly “Grant Payments helps nonprofits focus on their increase from 2021. 2022 $1,239.1M on the nonprofit’s site. charitable mission without the hassles of lost • To make it easier for customers to time and resources associated with legacy see the impact of their donations +71% in first- 2021 $773.5M 2 Platform-Owned: Donations made indirectly checks. This year, we were proud to help pilot across PayPal, we also introduced time donors to support causes on giving platforms or this new solution from PayPal through the 2020 $393.7M and found that the majority of an impact summary feature in the digital wallet third-party sites. digital wallet to U.S. customers with in 2022 0 300 600 900 1200 1500 NPT’s grants completed through plans to add it on the web platform 3 PayPal-Owned: Donations made on PayPal- Grant Payments were received in 2023. owned properties supporting charities and in a charity’s account within Number of Donors fundraisers. 24 hours.” Eileen Heisman • We launched Venmo charity President and CEO, profiles, allowing charities to 10K Venmo Charity Payouts: Payouts from charities National Philanthropic Trust create their own Venmo profile to charity profiles 2022 55.1M 4 created since to individuals or from grant makers to raise funds directly through the launch in 2021 56.1M other charities. Venmo app, giving them access October 202242 to the platform’s community of 90 2020 52.3M million active customer accounts.43 0 10 20 30 40 50 60 42 43 44 45 46 As of March 31, 2023. As of December 31, 2022. Our giving methodology presents a comprehensive view of our Powering Giving impact. The data consist of funds processed by PayPal and Braintree to all nonprofits, Represents the total number of nonprofit Does not include personal which include organizations identified as charities, other nonprofits and elementary/secondary schools and universities, as well as donations to individuals and accounts supported each year. fundraising. businesses from personal fundraising campaigns. We continue to revise prior period metrics based on improvements in data quality and calculation methodology.
2022 Global Impact Report | PayPal Page 21 Page 23