In 2010, Stephen Paletta launched the Give Back Foundation, a 501(c)3 public charity created to help people give back. 

The Give Back Foundation (EIN 26-2449481) was established to allow any person to join GiveBack and set up their personal foundation acco
unt. The funds that accumulate in that account are part of the Give Back Foundation. Each member has the ability to direct the funds from their account to any charity in good standing with the United States Internal Revenue Service.

Together, all of the members' accounts are gathered under one Give Back Foundation account awaiting the direction of each member. The members can give their money away whenever they choose, either as a single donation or as part of a group of people coming together to support a cause. 100% of the money that is directed to a charity is sent to the charity. The Give Back Foundation doesn't charge you or the charity anything for the transaction.

Any money that a member adds directly into their GiveBack account is immediately tax deductible to the full extent allowed. Any additional money that may be added, either by our corporate sponsors or other individuals, is not deductible by the member. At year end the Give Back Foundation will issue every member a consolidated giving statement that may be used as an IRS tax receipt.