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How can I close my funding gap, fundraise and get charitable grants more quickly?

Some of the biggest challenges faced by charities and community groups (Applicant Organisations) today are how to find out which organisations are giving grants, donations and match funding to good causes like theirs and managing the multiple application processes. The Good Exchange’s proactive matching technology offers the solution.

The grant application process used by most charitable foundations, trusts and government bodies is inefficient, time-consuming and often-paper-based, involving multiple registrations with multiple organisations. Many small charities with part-time or voluntary staff lose out to with large charities’ professional fundraising teams.

Additionally, government grants (which provide the core funding for many local charities and community groups) have declined by two thirds over the last decade leaving them to close the gap or close down.

Read the Report “How technology will Transform the Charity Sector for Fundraising Organisations” to find out more.

How can I close my funding gap, fundraise and get charitable grants more quickly?

Some of the biggest challenges faced by charities and community groups (Applicant Organisations) today are how to find out which organisations are giving grants, donations and match funding to good causes like theirs and managing the multiple application processes. The Good Exchange’s proactive matching technology offers the solution.

The grant application process used by most charitable foundations, trusts and government bodies is inefficient, time-consuming and often-paper-based, involving multiple registrations with multiple organisations. Many small charities with part-time or voluntary staff lose out to with large charities’ professional fundraising teams.

Additionally, government grants (which provide the core funding for many local charities and community groups) have declined by two thirds over the last decade leaving them to close the gap or close down.

Read the Report “How technology will Transform the Charity Sector for Fundraising Organisations” to find out more.

Driving innovation and change

The Good Exchange drives innovation and change in the charitable sector just as companies such as GoCompare and Spotify have done in the insurance and music industries. It does this by enabling Applicant Organisations looking for funding to complete a single online application form which is then automatically matched with multiple funders, cutting the time wasted making speculative applications.

The technology also unites funders and the fundraising public through match-funding grants that incentivise donations – a “reverse-crowdfund” where funders initiate grants and donors and fundraisers collaborate to drive and build a community around a social cause or local need.  Projects with match funding can be identified by the “funding matched” logo. 

When a funder offers to double the amount of money raised on an Applicant Organisations’ project, donors and fundraisers are incentivised to raise and donate money more quickly so that they can benefit from match funding before it runs out.

Driving innovation and change

The Good Exchange drives innovation and change in the charitable sector just as companies such as GoCompare and Spotify have done in the insurance and music industries. It does this by enabling Applicant Organisations looking for funding to complete a single online application form which is then automatically matched with multiple funders, cutting the time wasted making speculative applications.

The technology also unites funders and the fundraising public through match-funding grants that incentivise donations – a “reverse-crowdfund” where funders initiate grants and donors and fundraisers collaborate to drive and build a community around a social cause or local need. Projects with match funding can be identified by the “funding matched” logo. 

When a funder offers to double the amount of money raised on an Applicant Organisations’ project, donors and fundraisers are incentivised to raise and donate money more quickly so that they can benefit from match funding before it runs out.

Join The Good Exchange community

Any registered charity or other group (Applicant Organisation) that operates for public benefit in the UK can use The Good Exchange to apply for fundinq and fundraise for a recognised charitable purpose, attract donations and raise funds.

To get started simply register your Applicant Organisation on The Good Exchange platform and complete the single on-line application form. Applicant Organisations will need to include details of the project for which funding is required (including a description of the project, the goals, expected impact and benefits, costs and the amount of funding needed).

Once submitted and approved, the project is published on the platform and matching begins. Live projects will be automatically matched and short-listed for Funders on the platform according to their specific grant-giving criteria.

Through their personalised dashboard, Applicant Organisations can see exactly how many potential Funder matches have been identified, the number of funding shortlists on which their project has been placed, the number of funding offers that the project has received and the total amount of money raised and still to be raised to meet the project’s target.

At the same time, funders looking for good causes to fund are alerted that a project has been added to the platform that meets their funding criteria and can contact applicants directly if they have further questions. When a funding offer is made, applicants will be notified by e-mail and can log-in to The Good Exchange to see the details of the offer, review the terms and conditions and accept the offer.

Join The Good Exchange Community

Any registered charity or other group (Applicant Organisation) that operates for public benefit in the UK can use The Good Exchange to apply for fundinq and fundraise for a recognised charitable purpose, attract donations and raise funds.

To get started simply register your Applicant Organisation on The Good Exchange platform and complete the single on-line application form. Applicant Organisations will need to include details of the project for which funding is required (including a description of the project, the goals, expected impact and benefits, costs and the amount of funding needed).

Once submitted and approved, the project is published on the platform and matching begins. Live projects will be automatically matched and short-listed for Funders on the platform according to their specific grant-giving criteria.

Through their personalised dashboard, Applicant Organisations can see exactly how many potential Funder matches have been identified, the number of funding shortlists on which their project has been placed, the number of funding offers that the project has received and the total amount of money raised and still to be raised to meet the project’s target.

At the same time, funders looking for good causes to fund are alerted that a project has been added to the platform that meets their funding criteria and can contact applicants directly if they have further questions. When a funding offer is made, applicants will be notified by e-mail and can log-in to The Good Exchange to see the details of the offer, review the terms and conditions and accept the offer.

The grants, top-ups and match funding were an incredible boost and encouraged greater support from our donors, knowing that their contributions would be matched. We accessed new funding sources and learnt from the experience of other grant seekers. It was like having another fundraiser in the office.
Jane Walker
Fundraising Manager, Ufton Court
We registered a project on The Good Exchange to raise money for a new sports wheelchair for club members to use. A combination of grants, matched donations and fundraising activities, enabled us to raise the funds in the amazingly short time of 11 days and we are now fundraising for 2 more wheelchairs, also through The Good Exchange.
Dave Carter
Treasurer, Thames Valley Kings Wheelchair Basketball Club

Four simple steps to start using The Good Exchange to raise money

Check your organisation’s eligibility for funding

Answer six simple, multiple choice questions to make sure your organisation meets the criteria for fundraising on The Good Exchange platform and is recognised for Charitable Purposes according to HMRC guidelines. You will be able to see straight away if your organisation will be able to register and apply for funding.

Create a personal Good Exchange account and then Register your Applicant Organisation

Click on the ‘Get Started’ button to firstly create a personal account on The Good Exchange.  You will then be guided through the Applicant Registration process to tell us about your organisation. You will need to provide information regarding your organisation structure (some types of organisations require Proof of ID), the type of work you do and your financial status.

Don’t worry if you don’t have all the information to hand – this can be completed later or simply add another administrator e.g. your treasurer, to fill in the missing details. The information provided creates an Organisation  Page on The Good Exchange See example.

Looking to join an organisation that is already registered?  No problem, follow the step above to create your personal account, search to find your organisation and request to join the team as an administrator.

Create a Fundraising Project

Create a project(s) to explain to potential funders and donors what you need funding for. The single application form guides you through the questions and the documentation you need to provide. Once you have submitted the project The Good Exchange team will review it and advise should you need to provide further information before the project goes live. Once live, the project will have an individual project page on The Good Exchange. See example

Manage your Fundraising Project

Once live, your project(s) will be able to receive public donations straight away and will also be automatically matched with multiple registered funders based on the information you have provided.  Funders can then choose whether to support your project with grants and/or match funding.

Sharing your Project on social media, newsletters, emails and websites can help to attract donors and fundraisers.

At any time, visit your Dashboard to manage your live projects.  You can increase the appeal of the page by adding images, videos, comments, updates and events.  From here you can also view and accept funding offers, respond to messages from funders, download funding reports and more….

Why The Good Exchange?

  • One application in one place for access to multiple sources of funds
  • Cut time wasted making speculative applications with limited chance of success
  • Applications automatically short-listed to all eligible funding schemes and funders
  • Free up time to focus on delivering core services
  • Compete equally for funds no matter what size of organisation
  • Benefit from grants, donations and fundraising activities
  • Motivate fundraisers and donors through match funding 
  • Attract new funders with full project transparency
  • Gift aid automatically collected and added   
  • Grow project and community awareness with integrated social media

Start your Application now

If you’d like more information on the application process download the Applicant Organisation User Guide