Endaoment Announces Partnership with Active Cause to Help Influencers Give Back

Endaoment Announces Partnership with Active Cause to Help Influencers Give Back
  • A new partnership between Donor-Advised Fund (DAF) provider Endaoment and philanthropic advisory firm Active Cause will help creatives, athletes, entertainers, and influencers make charitable donations in cash, stock, crypto, and other assets.
  • A DAF works like a charitable investment account, enabling investors to make tax-deductible contributions and to recommend charitable grant outlays from the fund, while the assets grow in value over time.
  • Founded in 2020, Endaoment made its Finovate debut at FinovateSpring 2024 in San Francisco. Robbie Heeger is President and CEO.

Next-generation Donor-Advised Fund (DAF) provider Endaoment has teamed up with philanthropic advisory firm Active Cause. The partnership combines Endaoment’s DAF infrastructure with Active Cause’s experience in serving the philanthropic needs of athletes, creatives, entertainers, and other influencers. Active Cause clients will be able to leverage the Endaoment platform to set up their own personalized DAFs where they can make charitable donations in cash, stock, crypto, as well as other assets.

“Active Cause is leading a cultural shift in philanthropy by centering creatives, athletes, and entertainers,” Endaoment President and CEO Robbie Heeger said. “We’re proud to provide the technology and infrastructure that allows their members to give seamlessly and confidently, while tracking their impact in real time.”

A DAF is a financial vehicle that acts like a charitable investment account. Contributions to DAFs are irrevocable to the sponsoring 501(c)(3) organization, which gains legal control over the funds. And while funds cannot be withdrawn for personal use, contributors—donors—still retain advisory rights over how the funds are invested and ultimately distributed.

DAFs provide donors with immediate tax benefits, enabling them to deduct the full amount of the contribution from their tax bill. The invested assets appreciate and grow tax-free over time and donors can recommend grants from the fund to qualified charities as they deem appropriate.

The partnership will embed charitable giving options directly into Active Cause’s membership platform, empowering influencers to support the causes that matter most to them. In addition to providing streamlined, simplified philanthropic service and tax advantages for creatives with often high-but-unpredictable income streams, the personal DAFs also offer a degree of privacy to help keep charitable donations out of the headlines.

“Our partnership with Endaoment gives members access to a modern platform that makes giving easier, faster, and more transparent,” Active Cause Co-Founder and CEO Yonis said in a video statement posted on LinkedIn.

Active Cause has more than 20 athletes, artists, and creators who have launched funds through the company and granted more than $10 million to community organizations as of 2025. The company provides philanthropic strategy and impact monitoring on key metrics like tax savings and fund growth. Working with Active Cause streamlines philanthropic processes, cutting administrative time by up to 50%, and lowering administrative costs to as low as 1.5% for DAFs greater than $10 million.

Founded in 2020 and headquartered in San Francisco, California, Endaoment made its Finovate debut at FinovateSpring 2024. Earlier this year, the company launched its Farcaster mini-app that helps users “convert emotional resonance into immediate impact.” The app enables users to find and donate to causes directly within their social feed and to share giving opportunities with those in their network. Donations can be made in USD, USDC, or ETH.


Photo by Tara Winstead

Meet the Sustainability & Inclusion Scholarship Winners for FinovateSpring 2024

Meet the Sustainability & Inclusion Scholarship Winners for FinovateSpring 2024

This year FinovateSpring will feature eight startups that are winners of our Sustainability & Inclusion Scholarship program. The program is designed to showcase underrepresented founders and startups who are creating innovative solutions to combat climate change, promote diversity, and create financial inclusion.

To be eligible for the Finovate Sustainability & Inclusion Scholarship program, fintech and technology companies must have less than $7 million in funding. There are five categories in the program: environmental, social, governance, BIPOC founded/owned, and female-founded/owned.

Here are the Sustainability & Inclusion Scholarship winners for FinovateSpring 2024:

Blee – Scholarship winner in the Governance category. Headquartered in New York and founded in 2022, Blee helps organizations move to market quicker while increasing revenue and minimizing compliance risk. LinkedIn.

Endaoment – Scholarship winner in the Social category. Headquartered in San Francisco, California and founded in 2020, Endaoment empowers nonprofit organizations to accept donations in crypto and stock without having to accept the asset directly. LinkedIn.

Instarails – Scholarship winner in the Female Founded/Owned category. Headquartered in Alpharetta, Georgia and founded in 2022, Instarails enables banks and other organizations to offer instant, inexpensive, and inclusive payments to boost revenue, generate growth, and pave the way for entry into new markets. LinkedIn.

Kobalt Labs – Scholarship winner in the Female Founded/Owned category. Headquartered in New York, NY, and founded in 2023, Kobalt Labs helps fintechs and financial institutions accelerate and strengthen third-party diligence, facilitating revenue-generating partnerships and improving operational efficiency – without increasing headcout. LinkedIn.

LiquidTrust – Scholarship winner in the Female Founded/Owned category. Headquartered in Los Angeles, California, and founded in 2019, LiquidTrust enables banks to offer an improved customer experience to their business customers, grow non-interest bearing deposits, and generate additional revenue. LinkedIn.

Nav.it – Scholarship winner in the Female Founded/Owned category. Headquartered in Seattle, Washington, and founded in 2019, Nav.it integrates with existing HR systems to help organizations grow their businesses by enhancing employee financial wellness. LinkedIn.

Parlay Protocol – Scholarship winner in the Female Founded/Owned category. Headquartered in Alexandria, Virginia, and founded in 2022, Parlay Protocol offers technology that boosts the odds that an applicant will secure access to small business funding while helping banks gain new customers and attract new borrowers. LinkedIn.

Remynt – Scholarship winner in the BIPOC Founded/Owned category. Headquartered in San Francisco, California, and founded in 2022, Remynt helps creditors achieve higher recoveries and recapture defaulted consumers as customers as their financial position improves. LinkedIn.

FinovateSpring (May 21-23) is only a few weeks away! Take advantage of big early-bird savings on your registration when you buy your ticket by May 10.


Photo by Emily Ranquist