Clam Lorenz, GM of Social Innovation, PayPal

Red Nose Day is making its inaugural debut in the United States on NBC on Thursday, May 21 after thirty successful years in the UK. From today through May 21, when you donate to the Red Nose Day Fund through the PayPal Giving Fund, two great things will happen. First, for every donation made through PayPal Giving Fund, we’ll add 1% to that donationSecond, as always, all the fees are waived when you donate through the PayPal Giving Fund, which means 100% of your donation goes to the Red Nose Day Fund. If you did the math on that, this means you can count on the fact that 101% of your donation will go to the Red Nose Day Fund to be distributed to the 12 wonderful organizations it is supporting. To sweeten the pot, so to speak, PayPal will also add 1% to all donations made using PayPal on May 21 at www.rednoseday.org.

So, in case you’re wondering, the 1% match applies to all donations via PayPal Giving Fund from May 14 – 21 AND all donations directly to the Red Nose Day website on May 21. If you make a donation to both sites, PayPal will add a 1% to both of those donations!

Red Nose Day is a cultural phenomenon in the UK that has raised more than $1 billion in donations for organizations helping poverty stricken children and families in the UK and Africa and continues to grow every year. 40 million people in 77 countries have benefited from this great cause to date—let’s help continue that momentum. The proceeds raised during Red Nose Day will be given to nonprofit organizations that transform children's lives. Half of the money distributed will be spent on projects in America, and the other half will be spent in some of the poorest communities in the world including Africa, Asia and Latin America.

For more information on Red Nose Day visit www.rednoseday.org.