REX WorldWide Review
REX WorldWide Review
REX WorldWide is a "for-profit fundraiser" that sells gift certificates through a network marketing model to support different causes, such as wildlife protection, child nutrition and education, environmental protection, and poverty alleviation. REX WorldWide reps are called "Social Entrepreneurs" and earn commission on the sale of gift certificates through their personal REX WorldWide websites. They can also build a team under them by referring new Social Entrepreneurs.
The company states on its corporate site that it donates 51% of the proceeds from the gift certificates it sells to charity, and the remaining 49% is kept by the company for cost recovery. Most of us are aware that when we donate money to a charity, some of the money is used for administrative costs, etc. But I have to wonder how many people would purchase a REX WorldWide "gift certificate" knowing that the cause of their choice will only receive 51% of the money. Wouldn't it make more sense to just write a check directly to the charity? I feel this would be a big stumbling block for anyone trying to succeed as a rep for this company.
I tried to find out how much the "gift certificates" are without actually purchasing one; however, I wasn't able to find any information on the corporate website. There is also nothing on the site about how much it actually costs to enroll as a "Social Entrepreneur" -- it only says that you must purchase a "fundraising license" before getting started. There is also nothing that explains how anyone would know that ANY of the money they spend on "gift certificates" is actually going to the charity.
The idea of being able to earn money while helping the less fortunate is definitely appealing; however, REX WorldWide has "possible scam" written all over it.