AG Paxton: Settlement with PayPal Charitable Giving Fund Ensures Donors Receive Necessary Information About Their Contributions

AG Paxton: Settlement with PayPal Charitable Giving Fund Ensures Donors Receive Necessary Information About Their Contributions

Attorney General Ken Paxton

AUSTIN – Attorney General Paxton joined 23 states in an agreement with PayPal Charitable Giving Fund, Inc. (PPGF), the charitable arm of PayPal, to ensure donors are given clear information and disclosures on where their money goes when making charitable contributions through the company’s online platform. Previously, PPGF aggregated and distributed funds to the donors’ chosen charities without collecting fees; however, charities that maintained a PayPal account received contributions more quickly than others. PPGF did not disclose this fact to donors. […]