Network for Good is an online fundraising platform for charities and non-profit organizations. The company was founded in 2001 by America Online, Cisco Systems and Yahoo! and has processed over $1 billion in donations since inception. Network for Good charges between 3% to 5% transaction processing fee for donations, in addition to any subscription fees that the charity might incur. Transaction processing costs may be covered by the donor or by the nonprofit organization. Network for Good was set up in 2001 as a collaboration among America Online, Cisco Systems and Yahoo, replacing AOLs earlier charitable platform, Helping.org. By 2002 it was reporting receipts of about $1 million per month, and by 2005 it reported about $30 million in annual collections. In 2005 Network for Good absorbed Groundspring, another online charitable platform that had been founded by the Tides Foundation in 1999. In 2007 actor Kevin Bacon collaborated with Network for Good to set up his charitable project, SixDegrees.org, as a "celebrity-based" variant on Network for Goods existing model.