How It Works




How It Works

triplethegift.com is an online gift registry where every gift made becomes three gifts in one. triplethegift.com allows parents to communicate a very easy gift giving solution for a special occasion. It's a simple and convenient way to give a gift that is both quick & eco-friendly. Each gift made becomes three gifts to the registered child:

    One gift becomes:

    • A Gift Card for that perfect gift you want
    • A donation to a charity
    • A contribution to your College Savings Plan*
    *If you don't have a College Savings Plan yet, you can open an account easily by using our featured plan

    All of the gifts made for the registered child are pooled together and at the end of the registry, the total is split into the three gifts.

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How does triplethegift.com work?

  1. A Celebrating Person creates a registry and invites family and friends to view a registry
  2. Family & friends view the registry and give a gift
  3. Celebrating Person receives three gifts in one!

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Who can use triplethegift.com?

A Celebrating Person and Family & Friends who would like to make a gift to a registered Celebrating Person can use triplethegift.com

A Celebrating Person defined as someone celebrating an occasion like a

  • Birthday
  • Graduation
  • New Baby
  • Christmas or Hanukkah
  • Bar or Bat Mitzvah
  • Sweet 16
or Any Special Occasion... that creates a Registry.

Then, the Gift Giver defined as someone generous enough to give a gift like

  • Friends
  • Family
  • Co-workers
  • International Family & Friends
... can view the Registry and make a gift

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What are the gifts a Celebrating Person receives?

After family & friends make the gifts, the gifts are totaled and a small transaction/processing fee (as little as 2%) are deducted from the total. Based on the choice made by the Celebrating Person for the triplethegift.com split, once the registry is closed, the following will happen:

  • A Visa Gift Card will be purchased for the Celebrating Person [Other options are available such as receiving a check or receiving multiple cards]
  • A deposit will be made to the Celebrating Person's College Savings Plan [If you choose to use an existing college savings account, we may not be able to directly deposit into your account, but instead will issue you a check to deposit into your existing account]
  • A charitable donation will be made to the Share our Strength®. Click here for more information about Share our Strength®

The Gift Card portion will be rounded to the closest $5 increment, with the difference going to the college savings contribution.

Within 10 business days the Celebrating Person will receive a letter from triplethegift.com which will include their Visa Gift Card or check, the amount of the deposit made to their College Savings Plan account (date & check number) and the amount sent to Share Our Strength®.

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College Savings Plans

What is a College Savings Plan?

A College Savings Plan, also known as a "529 Plan" is an education savings plan operated by a state or educational institution designed to help people save for future college costs. These plans are named after the section of the Internal Revenue Code, Section 529 that created the rules for these types of plans. The Federal Government wanted to promote savings for college by allowing for special tax benefits to the person creating the plan and the plan participant. Money is deposited in the College Savings plan similar to a savings account but instead using investment choices designated by the State. Although the contributions to this savings plan are not federally tax-deductible, the investment grows tax-deferred, the annual income is tax-deferred and distributions to pay for the person's college costs come out federally tax-free. The money from a 529 plan can be used for tuition, fees, books, supplies and equipment required for study at an accredited college or university. Additionally, the money can be used for room and board or off-campus housing costs (up to the allowance for room and board for that particular college). [Please consult with your tax advisor for further information.]

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What if I don't have a College Savings Plan account yet?

You can still open your registry without the College Savings Plan account information. You will receive e-mail reminders once a week reminding you to complete the missing information.

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Does triplethegift.com recommend a College Savings Plan?

There are many good plans out there to choose from. Some have unique features which may interest you. We suggest you check out a great website www.savingforcollege.com. Each state plan is profiled with details on how to enroll, how much you need to open an account, the investment management service provider, etc.

By using a college savings plan, your choice of school is not affected by the state sponsoring your 529 savings plan. For example, you can be a Maryland resident, invest in a 529 plan sponsored by the state of Kansas and send your child to a university in California.

Additionally, college savings plans are reported on the federal aid application as an asset of the parent (assuming the parent is the account owner which we recommend), not the child. Any distributions (withdrawals) from the plan that are used to pay for the child (beneficiary's) education expenses are not counted as either parent or student income. Ultimately, there is little effect on receiving Financial Aid while having a huge upside of additional savings for your child at a time they will most need it.

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What if I already have a College Savings Account for my child?

If you already have a college savings account for your child, please provide us with the name of the plan, the account number and mailing address for the Plan. In some cases, we may not be able to directly deposit into your account, but instead will issue you a check to deposit into your existing account.

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What is Upromise?

This free service helps you save for college by returning a percentage of your spending at hundreds of America's leading companies-such as McDonald's®, ExxonMobil, and many of your favorite local supermarkets. These automatic rebates can be transferred directly into participating 529 plans account (subject to a $25 minimum transfer amount) supplementing your own savings.

Click here to register at www.upromise.com. It's Free!

Every quarter Upromise will deposit the rewards into your participating 529 plan account (subject to a minimum deposit of $25). All you have to do is sign up at Upromise.com, register your credit cards and store rewards cards, shop online starting at their website, give them your plan account number and that's it! Watch your account grow!

Upromise.com

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Do other college savings plans take Upromise rewards?

Yes, currently some state sponsored plans do accept the rewards. Go to www.upromise.com to see the current list.

Upromise.com

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Charitable Donations

What charitable organization does triplethegift.com support?

triplethegift.com, as a business aimed towards facilitating gift giving between individuals, believes that it's our responsibility to help those in need. We have chosen Share our Strength®, a not-for-profit organization because they help better the lives of children in the same fashion that you have chosen to better the life of a child you know.

Share our Strength® is a national organization that works hard to make sure no kid in America grows up hungry. They weave together a net of community groups, activists and food programs to catch children at risk of hunger and surround them with nutritious food where they live, learn and play.

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Tell me more about Share our Strength®

Share our Strength's vision is to end hunger and poverty in the United States and abroad.

Why they do what they do
In the world's wealthiest nation, no child should grow up hungry. By the end of the year, more than 12 million children in America will worry about when their next meal will come. That's one in six who are at risk of hunger, and who have limited or uncertain access to the nutritious foods they need to develop to their full potential.

Despite its devastating and highly visible consequences, childhood hunger is invisible. You can't see it just by looking, and you can't measure it in pounds, but it is among us: It affects black, white, Asian and Hispanic, short and tall, thin and chubby.

Poverty is complex; feeding a child is not. Despite the good efforts of governments, private-sector institutions and everyday Americans, not all of our children have daily access to the nutritious meals they need to live active, healthy lives. Through dedicated, committed volunteers and community organizations, Share Our Strength finds childhood hunger where it hides and works to end it.

How they do it
Share Our Strength is focused on holistic, long-term solutions that support access to nutritious food and healthy food choices - the difference between feeding a family tonight and ensuring that they never have to worry about when their next meal will come. To do this, they support the most successful organizations working to end childhood hunger in the United States.

Our efforts are focused in three areas: increasing access to public and private programs that provide food to children and their families; strengthening community resources that connect children to healthy food; and improving families' knowledge about available programs and how to get the most from limited resources. To accomplish these objectives, they have developed and are implementing a national strategy to end childhood hunger, along with a supporting 10-point plan. They follow a three-prong approach to implement this plan: through comprehensive state partnerships, grant making activities and nutrition education.

What they've done
Share Our Strength's innovation and creativity has helped earn its reputation as one of America's most effective nonprofits. Since its inception, Share Our Strength has raised over $200 million, providing support for more than 1,000 groups around the world working to end hunger.

On a state-by-state basis, Share Our Strength is developing partnerships to address state-specific needs, priorities and resources that are aligned with our strategy to end childhood hunger in America. Together, they are weaving a net of community groups, activists and food programs to make sure no kid in America grows up hungry.

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Can the Celebrating Person choose a different charitable organization?

Yes, you can choose a different charitable organization. Upon withdrawing from your Registry, you will need to provide us with the full name, address, phone number and tax identification number of the charitable organization.

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