Gift terms

Irrevocable gifts

Every contribution made through Sownfundis a gift to a minor's custodial account established under the Uniform Transfers to Minors Act (UTMA) or Uniform Gifts to Minors Act (UGMA), depending on the custodian's state of residence. Once a gift is submitted and the donor's payment is confirmed, the funds are irrevocably the property of the minor. Sownfundcannot reverse, refund, or redirect a completed gift at the donor's request.

What Sownfund does

Sownfundis a technology and gifting service that aggregates donor contributions and arranges for them to be invested in each child's custodial brokerage account. Sownfund is not a broker-dealer, not an investment adviser, and does not custody client assets. Investment, custody, and identity verification are handled by licensed third parties.

Sownfund does not recommend specific securities. Donors who self-select a stock for their gift bear the responsibility of that choice.

Fees

Each gift carries a transparent per-gift service fee and a pass- through payment-processing cost. The fee schedule is shown at the time of the gift. Sownfund does not charge balance-based or asset-based fees.

Investment risk

Investments involve risk, including possible loss of principal. Past performance does not predict future returns. Gifts made through Sownfund are not tax-deductible charitable contributions.

Disputes & chargebacks

Because gifts are irrevocable, donors should review the recipient and amount carefully before submitting. Initiating a chargeback with the donor's card issuer after a gift has been delivered to a custodial account does not entitle the donor to recover the funds; the minor's account holds the corresponding property. Suspected fraudulent charges should be reported to Sownfund promptly so we can work with the custodian on resolution.