ShareGiver Community Fund
The ShareGiver Community Fund is an exciting non-profit venture created by Trio Technologies and Trio Merchant Services.
With tremendous help from the Community Foundation of Abilene, we have established both donor advised and endowed charitable funds that are fully financed by Trio Merchant Services. As a result, a portion of all revenue generated by Trio Merchant Services is invested in non-profit charities and educational institutions. The Community Foundation of Abilene provides complete and independent accountability for these funds.
Our Pledge
Trio Merchant Services is pledging 10% of its net revenue to be placed into the ShareGiver Community Fund. Net revenue is defined as all revenue remaining after paying sponsoring banks, ISOs, and agents. Trio Merchant Services does not deduct any operating or salary expenses from this total.
Our primary focus is on promoting education. All of the awards handed out by the ShareGiver Community Fund are in the form of grants to educational institutions and scholarships to motivated young people. The Community Foundation of Abilene has created two funds for ShareGiver.
Endowment Fund
The ShareGiver endowment fund is comprised of 40% of all annual contributions and interest growth. This fund is used for long-term investing and growth. The Community Foundation of Abilene manages the investment of this fund with advice from the ShareGiver Executive Board.
Donor Advised Fund
The ShareGiver donor advised fund is comprised of 60% of all annual contributions and interest growth. All outgoing gifts and grants are awarded from this fund as advised by the ShareGiver Executive Board.