Swifty, brilliant as usual

Swifty has come up with a fairly clever way to help out those hurricane victims.

Take all of those jars/cups/piggy banks full of spare change you’ve been collecting and bring them to a CoinStar machine, which will let you directly donate all of that cash to the Red Cross. You’ll be suprised how much that change you’ll never spend adds up to (my last trip was over $40!) and it’ll help out the folks that need it most. If you don’t know where one is, there’s a tool on the CoinStar website that finds the nearest one.

Update: Based upon the suggestion of , I emailed Coinstar to find out if they are planning on skimming money off of donations to the Red Cross during this disaster. Here’s what they said:

Dear Mr. Stratton,

Thank you for your inquiry regarding the American Red Cross’ relationship with Coinstar. In order to offer this very valuable service to the American Red Cross, Coinstar must retain a nominal program fee. Even with this service fee, Coinstar is able to pass through 92.5% directly to The American Red Cross and the Disaster Relief Fund..

The American Red Cross agrees to this and has named Coinstar its premier national supermarket-based coin-counting partner because of the various benefits. The American Red Cross feels very strongly that this minimal cost is worth the convenience afforded to donors and more importantly the access it provides to coin donations that would not otherwise be available. Coinstar donations are similar to credit-card donations, donors receive a tax-deductible receipt for the full value of their donation, but a nominal service fee is retained to implement the program.

Additionally, Coinstar transmits the funds to the American Red Cross on a daily basis, which means that the funds can be put to work right away! We appreciate the work of the American Red Cross and are honored to be a partner in their important mission. Our mutual efforts on this and other initiatives throughout the year exceed the value of this nominal fee.

Again, we appreciate your inquiry and welcome you to use this convenient, cost-effective method to send your spare change to a worthy cause.

Sincerely,
Wiley Scutt
Coinstar Customer Service

Advertisements

~ by Matt Stratton on September 2, 2005.

16 Responses to “Swifty, brilliant as usual”

  1. Excellent! Mind if I copy the idea into my own journal?

  2. Hey, I stole it from Swifty, so it’s okay by me 🙂

  3. Thanks!

  4. Thanks!

  5. Stealer!

  6. Stealer!

  7. Your mom’s a stealer.

  8. so the question in my mind is: will coinstar still keep their ridiculous 8% or does that go to the flood victims, too?

  9. so the question in my mind is: will coinstar still keep their ridiculous 8% or does that go to the flood victims, too?

  10. It’s unclear if they’re doing anything special for Katrina, but according to their website:

    Coinstar is proud to offer a reduced fee of 7.5% to qualified 501(c) 3 non-profit organizations.

    So basically, it sounds like they’re still fucking them over.

  11. It’s unclear if they’re doing anything special for Katrina, but according to their website:

    Coinstar is proud to offer a reduced fee of 7.5% to qualified 501(c) 3 non-profit organizations.

    So basically, it sounds like they’re still fucking them over.

  12. I just emailed Coinstar to find out if they are planning on skimming money off of donations to the Red Cross during this disaster. I’ll let you know what I find out.

  13. It’s good thing and a bad thing. I’ll still do this (we have tons of change lying around) but it sucks that 8% goes to pay someone sitting behind a desk.

  14. It’s good thing and a bad thing. I’ll still do this (we have tons of change lying around) but it sucks that 8% goes to pay someone sitting behind a desk.

  15. I understand that coinstar needs to skim a bit to keep their machines up and their network running, but 7.5%? Last time I emptied out my coin jar it was over $100.00! They could reduce their skim for red cross donations to 2% or 1%.

  16. I understand that coinstar needs to skim a bit to keep their machines up and their network running, but 7.5%? Last time I emptied out my coin jar it was over $100.00! They could reduce their skim for red cross donations to 2% or 1%.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: