Transparency
Giving Policy
Our commitment
Throttle Before the Bottle currently communicates a commitment of 20% of profits from merchandise and 90% of direct donations received toward mental health awareness initiatives.
What “profits” means
Legally in business, profit is the financial gain or net surplus remaining when total revenue, income, or proceeds from the sale of property exceed the total associated costs, expenses, and statutory basis.
Direct donations
Throttle Before the Bottle is committed to using direct contributions in a transparent and mission-focused way. Ninety percent (90%) of all direct donations received are designated for established mental health advocacy and awareness organizations, which may include organizations such as the National Alliance on Mental Illness (NAMI) and other reputable mental health groups selected in alignment with our mission. The remaining ten percent (10%) is retained to help cover reasonable operational and administrative costs associated with processing donations, maintaining the platform, outreach, and supporting the continued growth of the Throttle Before the Bottle mission.
Special campaigns
From time to time, Throttle Before the Bottle may operate clearly identified special-purpose fundraising campaigns with allocation terms that differ from the standard direct-donation policy above. Any such campaign will state its designated purpose, allocation terms, and TBTB retention policy on the campaign page. Funds designated to a special campaign are tracked separately from ordinary direct donations. Each special campaign will identify its intended recipient or purpose and publish supporting closeout documentation. For TBTB Rides for Colombia, TBTB intends to contribute net campaign proceeds to UNICEF for humanitarian relief in Colombia; this is an independent TBTB fundraiser and does not represent a UNICEF sponsorship, endorsement, or partnership.
Tax deductibility
Throttle Before the Bottle is not currently represented as a tax-exempt charitable organization under Section 501(c)(3). Accordingly, contributions made directly to Throttle Before the Bottle should not be assumed to be tax-deductible as charitable contributions. The IRS generally allows charitable deductions only for contributions made to qualified organizations. Donors should consult a qualified tax professional regarding their individual circumstances.
Reporting
Our goal is to publish periodic impact updates documenting amounts committed and recipients once giving begins.