How does it work?
It’s really simple. All you have to do is sign up and we’ll start you out with an Equal Dollars account. You can start by checking out our Online Marketplace where other members are offering goods and services for Equal Dollars. The easiest way to use your Equal Dollars right away is to come to one of our Redistribution Centers, like our Food Market, Treasure Chest or Urban Farm. Here is a list with some more ways to use Equal Dollars. We’re always expanding, so join our mailing list to stay updated about new opportunities.
How do I get my first Equal Dollars?
There are lots of ways to get your first Equal Dollars:
- Post gently used items online! Take a photo and list them in the our Online Marketplace. We’ll give you 15 Equal Dollars just for posting your first offer!
- Offer a service for Equal Dollars! Even if all you have to give is your time, someone out there can use your help. Here’s a list of potential offers to get you started.
- Community Service! Choose from our list of volunteer opportunities and you can receive a gratuity of 25 Equal Dollars!
- Invite Your Friends! If they mention you on their application that you referred them you get 15 Equal Dollars.
Once I sign up how do I access my online account?
When you sign up to me an Equal Dollars member we set up an account for you and send your username and password along with your welcome packet. You can login to your account from our homepage. Forgot your password? No problem! Just enter your email address here and you’ll receive your password in your inbox. Contact Ben Kincaid if you have any trouble at (215) 951-0300 x3735 or firstname.lastname@example.org.
What are the different ways to exchange Equal Dollars?
There are several ways to exchange Equal Dollars. You can trade using Equal Dollars paper currency, which you’ll receive in your welcome packet. Once you log into your account, you can send Equal Dollars to another member by posting a transaction. We also have checks which you can fill out and mail in to us at our office. You can read a rundown of all the nuts and bolts here.
Is using Equal Dollars legal?
Local currencies are legal and there are many of them throughout the United States. Like US Dollars, they are a form of taxable income. The Federal Reserve and the Internal Revenue Service have no prohibitions on local currencies, as long as their value is fixed to the US Dollar, the minimum denomination is worth at least $1, and the bills do not look like federal money.
“Legal Aspects of Local Currency,” Chapter 7 from Rethinking Our Centralized Monetary System: the Case for a System of Local Currencies, by Lewis D. Solomon, professor of law at George Washington University. See also Foreword by Robert Swann & Chapter Notes. Copyright © 1996 by Lewis D. Solomon, published by Praeger Press. Used here with the kind permission of Professor Solomon and the Greenwood Publishing Group, Inc., Westport, CT.
Can my business participate in Equal Dollars?
Absolutely! Equal Dollars operates a Business to Business Exchange where Philadelphia-area businesses are turning their unused inventory and capacity into currency for trade with other businesses. You can also gain access to our network of over 2,000 potential new customers. Contact Sara Reed at email@example.com or (215) 951-0300 ext. 3712 for more information about the Business to Business Exchange.
Can my non-profit, church or organization participate in Equal Dollars?
Definitely! Equal Dollars is a tool that many organization in Philadelphia are already using to reward volunteers, revitalize business corridors and gain access to a host of new resources and opportunities. We will work with you to find ways for your organization to participate in our program. Contact Ben Kincaid at firstname.lastname@example.org or call (215) 951-0300 ext. 3735 to learn more!