Terms of Use and Privacy Policy
This policy describes the ways we handle the information we collect about you. You accept this policy when you sign up for or use our services and our website’s features, technologies or functionality offered by us online or through any other means (collectively the “Tip5 Services").
Information we collect about you and how we use it
- Account information: in order to start using our services, all you need to do is register with a user name and password.
- Personal information: a) an email address associated with a PayPal account to which we will redirect the tips you receive. b) once the total of your received donations is set to exceed $600, we will ask you to re-register and provide more detailed personal information required for reporting purposes.
- Financial information: we will keep a detailed log of the donations you receive for accounting purposes. This information will not be disclosed to any third party unless it is required by law as part of our financial reporting to the IRS and the State of California.
- Information you choose to share: you will have the option of creating your own online profile/message board which will be available to any fans who wish to communicate with you through our website.
We respect your privacy, and will not sell or rent your personal information to third parties for their marketing purposes.
You agree and understand that you are responsible for maintaining the confidentiality of passwords associated with any account you use to access our service. All information we collect about you will be kept confidential, and will not be disclosed or sold to any third party unless it is required by law, and only to the extend and within the time frame required by law.
Our financial responsibility to you
Once we receive a confirmation that your donations have been successfully transferred to your PayPal account, you will be notified by email or text message. You will then have 48 hours to let us know about any discrepancies and problems associated with that transaction. After the 48-hour period ends, we will deem the transaction complete and resolved, with no further obligations to you, financial or other, on our part.
Maximum donation amount
We are committed to full compliance with any laws and regulations applicable to the transactions done through our website. If necessary, we reserve the right to decline or return donations that may be from a suspicious or illegal source, or transactions that exceed the limits determined by the IRS for non-taxable donations and gifts. We will notify you of any such transactions by sending an email to the address listed on your account.
Soliciting donations: your responsibilities
We will not solicit tips or donations on your behalf. We will only provide the platform for processing the amounts you receive during performances. It is your responsibility not to use this website for any transactions other than donations pledged to you during performances you have registered with us online. You agree and understand that you are responsible for maintaining the confidentiality of passwords associated with any account you use to access the services. Accordingly, you agree that you will be solely responsible for all activities that occur under your account. If you become aware of any use of your password or of your account which may be unlawful, unauthorized or inconsistent with the type of service we have committed to provide, you agree to notify us immediately at support@Tip5.org.
We may terminate this Agreement or your account (or any part therein) at any time at our sole discretion. We reserve the right to change or discontinue any aspect or feature of the service at any time. You agree that we shall not be liable to you or any third-party for any termination or disabling of this service.
You agree to defend, indemnify and hold harmless us, and our affiliates and their respective directors, officers, employees and agents from and against any and all claims, actions, demands, damages, costs, liabilities, losses and expenses (including reasonable attorneys' fees) arising out of your use of the service.
We reserve the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice.
Changes to this policy
We may amend this policy at any time by posting a revised version on our website. The revised version will be effective at the time we post it. In addition, if the revised version includes a substantial change, we will provide you with 30 days’ prior notice by posting notice of the change on the "Policy Updates" page of our website.