Our fundraising platform is proudly powered by Charity Hive to provide a safe and simple way to give online.
Charity Hive are heavily focused on transparency for its users. This includes being clear about the rights of donors, fundraisers and charities as well as communicating how we operate a subscription and setup fee free fundraising platform. Charity Hive is a trading name of Hively Limited, incorporated in England and Wales, and our registered number is 11891477.
The following hypothetical donation illustrates how much is received by Royal College of Music after the platform and payment processing fees. This applies to all payments made via our platform:
Donation amount: £10
Charity Hive transaction fee: £0.20
Card provider fee (e.g. Stripe): £0.14 + 20p
Gift Aid amount: £2.50 (claimed back by Royal College of Music on eligible donations)
Total received by Royal College of Music: £11.96 (including Gift Aid)
Costs to Royal College of Music or fundraisers
Set up costs: £0 (FREE) Cost per month: £0 (FREE)
All payments made via the Charity Hive platform are deposited directly into Royal College of Music's own payment gateway account and bank account. Charity Hive does not hold on to any of these monies.