The rising costs of elder care
As the elderly population increases, demand for care services is steadily rising, bringing dramatically higher costs each year. Too many American families struggle to manage these fast-growing yet essential expenditures.
47%
Americans age 40+ are not confident they can afford their long-term needs
$7,200
Average annual out of pocket cost for elder care expenses
63%
Families caring for an elderly parent have no plan to pay expenses
Collectively support loved ones
AutoGive seamlessly links communities and families for simplified, private, collective elder care funding.
You control access to the group for maximum privacy. Post private updates to your members.
Group members cover the fees so you can put the full gift amount toward expenses.
Monthly donations provide reliable, ongoing support for your ongoing care.
Launch your elder care support group
Build a caring circle for your loved one. Start an AutoGive group to manage expenses together. Friends and family contribute, so every penny goes directly to their care.
1
Set up a group for your loved one
2
Invite family and friends to join and contribute
3
Connect your bank account to receive weekly direct deposits
Common Questions about using AutoGive to pay for elder care
Does AutoGive offer loans or other assistance to help with raising funds for elder care?
No, AutoGive does not offer loans, grants or other funding. We focus all our efforts on making our platform great so you can get your loved one the support they need.
How do I, or someone I invite actually receive the money?
When you create your group, we’ll ask you for the name and contact info of the person who will be receiving the monthly donations (even if it’s you).
Then, the Recipient of the money will be invited to securely add their banking info so they can begin to receive a weekly deposit. The total of all weekly deposits is equal to the amount of donations that the group collects each month.
What fees do Group Members pay?
Group members are charged a card processing & payout fee equivalent to 3.25% + $0.30 of each month’s total charges.
AutoGive does charge each Group Member $1 per week to use the service. This small fee helps support our team and is billed as $4 per month.
Learn more about Fees and how your total monthly payment is calculated here.
We think you’ll find our service very helpful and the low fees well worth the price.
What about my senior loved ones’ friends? Can they help with elder care expenses?
Of course! Group organizers are welcome to invite anyone they feel would make a great addition to their group.
What about taxes?
While we’re not Certified Public Accounts (CPA) and cannot offer tax advice, receiving a financial gift/donation in the U.S. from another person is generally not considered income and is not taxed as income.
Please consult your financial advisor to determine whether gifts received will impact your eligibility to other income or assistance programs.
Additionally, in the U.S. an individual can give up to $18,000 per year to another individual without requiring any tax filings. This amount increases to $36,000 per year for gifts from married couples to an individual. This is called ‘The Annual Gift Tax Exclusion’.
Donations made on AutoGive are considered personal gifts and are not tax deductible.
Myself and/or my loved one has friends in other parts of the world — can they participate?
While anyone receiving funds from AutoGive needs to be based in the U.S., anyone anywhere in the world can participate as a group member as long as they have a valid debit card or credit card.