How the money works
Every dollar given through this platform is received by ALL Applied AI Network Foundation, a 501(c)(3), and restricted by your preference. This page is the plain-language account of what happens to it — and the paperwork that backs it up.
Where Your Money Goes
Three ways to give, each with a specific promise.
The variance covenantFunds restricted to a chapter are spent only for that chapter's purposes. If a chapter dissolves, its balance transfers to the nearest active chapter or the network fund, and donors are notified.
The $0 fee, honestly. ALL AI Network takes nothing from gifts — 100% of what you give reaches the chapter you chose. The specific things that make restricted giving to student groups possible at all — tax receipts issued and archived, settlement of every event account, general liability insurance over every chapter, and the software that runs the cards, the ledgers, and this site — are paid for by company network membership, the one thing ALL AI Network charges for. The only deduction you will ever see is card processing (about 3%), charged by the payment processor, not by us.
100% of your gift reaches the chapter — ALL AI Network takes $0; card processing is charged by the payment processor. Gifts are subject to the Foundation's variance power — if this event is overfunded or cancelled, funds support the chapter or the network.
The Paperwork
What a finance or legal team typically asks for. Items not yet posted here are provided on request — usually same day.
Fiscal Sponsorship in Plain English
Chapters are sponsored projects of the Foundation. They are student communities, not separate corporations — the Foundation is the legal entity behind each one.
That means the Foundation is the contracting party for vendors: venues, caterers, and suppliers sign with the Foundation, never with a student. The Foundation carries general liability insurance over chapter activity. And when you give, your receipt comes from the Foundation — one EIN, one audit trail, regardless of which chapter or event you supported.
For Companies That Also Hire
Hiring products — event hiring tracks and placements — are a separate, paid, non-deductible service, run apart from everything on this page. If that is what you are here for, it lives at Talent.