Impact Report
VAKOVAKO strives to be as transparent as possible with its users and non-profits. On this page you will find all information about financial movements, regular reports and information about the system of processing, receiving and settling payments.
Where has VAKOVAKO already made an impact?
Oncologically Ill Children in Ukraine
We sent $15,596 to the Ukrainian organisation Tabletochki
We Sent Donations to Ukrainian Defenders
$4,338 sent to Come Back Alive
We Sent a Donation to a Children's Hospital in Ukraine
$25,993 sent to help children
We Sent Funds to Protect Elephants
$25,339 sent to Save-Elephants
We Sent Funds to Help Sudan
Over $1,041 sent to Médecins Sans Frontières
Sent $64,447 to Ukraine
Post Bellum and UAnimals organizations
Every donation counts. Every little bit of help makes a big difference!
How it works
We aggregate all user micro-payments and use the most cost-effective methods and channels to send 100% of these contributions to the target projects and non-profits that our users have chosen to support. Everything happens in our transparent bank accounts, under the watchful eye of our users. Every transaction is displayed anonymously but as transparently as possible online on Received donations page.
Annual Impact Reports
VAKOVAKO provides its users with regular reports and annual Impact reports, where you can find out the structure of donations received and sent, and other useful statistics for the year. However, you will not find transaction costs here. These are covered by the VAKOVAKO project partners, led by the STARTEEPO financial group. Donating with VAKOVAKO is therefore completely free for donors and non-profits. 100% of donations are redistributed to the target causes.
Where Did the $499,531 You Donated Help?
Details in Impact Report
Transparent accounts
VAKOVAKO uses ČSOB as its main bank, which is part of the Belgian financial group KBC Group N.V. This bank is primarily used to receive and send payments within the so-called SEPA region, for EUR, USD and CZK.
Account number: 302999999/0300
Currency: EUR
Name: NADACNI FOND 2091
IBAN: CZ57 0300 0000 0003 0299 9999
BIC/SWIFT: CEKOCZPP
For the global region (outside the SEPA region) payment gateway, in case of a theoretical technical failure of the main CSOB payment gateway, the VAKOVAKO application uses the global Stripe service. Unfortunately, Stripe does not offer the possibility of transparet online viewing of all transactions, however, all received payments are then forwarded to our transparent accounts after the larger amounts are pooled.
The VAKOVAKO project has the ambition and plan to maximize efficiency within the first few years of its launch on the side of accepting payments from users all over the world, currency conversions within more than 10 world currencies and sending aggregated payments to non-profits with the goal of becoming a global payment service.
Note: Foreign currency payments are converted online at the current exchange rate into the main currency CZK. Any values that need to be converted at the exchange rate for presentation purposes are thus purely indicative, as they do not take into account realized currency fluctuations in practice.