For Funders

The on-line charity matching platform built with funders in mind

No single charity or funding organisation can solve intractable social problems on their own but this is what many try to do.  Years and years of austerity has become the new reality so how can those with the money best drive proactivity and collaboration to really make a difference?

The established but reactive approach of requiring fundraisers to apply for grants one-at-a-time, and the subsequent allocation of grants to those that have the resources and time to submit applications tailored to each individual grant-maker’s criterion, may have worked successfully in the past, but today’s age of web-platforms has created an opportunity to challenge the status-quo.

From a Fundraiser’s perspective, having to apply for funding to each provider separately takes too long and leads people to try and “work” the system. Making several different applications for piecemeal parts of a project in the hope of covering the projected total cost leaves some organisations facing closure while others are over-funded.

Read the Report “How technology will Transform the Charity Sector for Charitable Trusts, Foundations and Businesses” to find out more.

The on-line charity matching platform built with funders in mind

No single charity or funding organisation can solve intractable social problems on their own but this is what many try to do.  Years and years of austerity has become the new reality so how can those with the money best drive proactivity and collaboration to really make a difference?

The established but reactive approach of requiring fundraisers to apply for grants one-at-a-time, and the subsequent allocation of grants to those that have the resources and time to submit applications tailored to each individual grant-maker’s criterion, may have worked successfully in the past, but today’s age of web-platforms has created an opportunity to challenge the status-quo.

From a Fundraiser’s perspective, having to apply for funding to each provider separately takes too long and leads people to try and “work” the system. Making several different applications for piecemeal parts of a project in the hope of covering the projected total cost leaves some organisations facing closure while others are over-funded.

Read the Report “How technology will Transform the Charity Sector for Charitable Trusts, Foundations and Businesses” to find out more.

Indentify funding gaps

The Good Exchange’s cloud-based platform allows everyone interested in a particular cause, region or charitable category to see the complete fundraising picture – who is granting funds, donating and fundraising and to instantly identify the major gaps.

Auto-match applications

As well as enabling funders to auto-match applications and projects to their specific grant making criteria, The Good Exchange also eliminates the huge volume of incompatible requests for funding received.

Strategic Collaboration

The technology acts as the catalyst for change, giving funders control of the bigger picture by enabling them to work strategically and collaboratively to address the root causes of major social issues rather than just addressing that part of a problem which is relevant to them or that they have budget to fund.

Charitable trusts and corporate funders can use The Good Exchange to set up, publish and manage funding schemes and grant rounds, with every application that meets their funding criteria presented in an equal and transparent way, facilitating more objective decision making and ensuring that funding goes to the areas of greatest need.

Instead of considering only their own list of discrete applications for grants, the technology enables groups of funders to work together to rapidly and proactively identify and provide funding to those in need, even if they did not previously know each other. As funders rarely cover 100% of any project’s costs on their own; these technology-enabled collaborative networks of funders can ensure projects are fully funded without the need for multiple applications, sharing funding information easily and transparently.

This can make the difference between a small charity continually struggling to pay the bills and facing closure to be able to deliver its core service well into the future.

Strategic Collaboration

The technology acts as the catalyst for change, giving funders control of the bigger picture by enabling them to work strategically and collaboratively to address the root causes of major social issues rather than just addressing that part of a problem which is relevant to them or that they have budget to fund.

Charitable trusts and corporate funders can use The Good Exchange to set up, publish and manage funding schemes and grant rounds, with every application that meets their funding criteria presented in an equal and transparent way, facilitating more objective decision making and ensuring that funding goes to the areas of greatest need.

Instead of considering only their own list of discrete applications for grants, the technology enables groups of funders to work together to rapidly and proactively identify and provide funding to those in need, even if they did not previously know each other. As funders rarely cover 100% of any project’s costs on their own; these technology-enabled collaborative networks of funders can ensure projects are fully funded without the need for multiple applications, sharing funding information easily and transparently.

This can make the difference between a small charity continually struggling to pay the bills and facing closure to be able to deliver its core service well into the future.

Due Diligence

Extensive validations are undertaken before an Applicant Organisation can apply for funding through The Good Exchange. In addition, funders can vet projects as part of their decision-making process to ensure their own governance and financial legitimacy requirements are met. At the conclusion of each project a full Monitoring and Evaluation is required, providing full transparency to grant givers and donors.

Drive independence through Match Funding

Offering grants through match funding incentivises grant recipients to become more independent by requiring them to run their own fundraising activities and seek additional donations before a grant will be made available.

In addition, match funding offers can also be targeted at specific charitable categories to create a multiplier effect for a particular region or social need (homelessness or mental health) for example by influencing organisations and individuals to donate or set up fundraising activities.

Due Diligence

Extensive validations are undertaken before an Applicant Organisation can apply for funding through The Good Exchange. In addition, funders can vet projects as part of their decision-making process to ensure their own governance and financial legitimacy requirements are met. At the conclusion of each project a full Monitoring and Evaluation is required, providing full transparency to grant givers and donors.

Drive independence through Match Funding

Offering grants through match funding incentivises grant recipients to become more independent by requiring them to run their own fundraising activities and seek additional donations before a grant will be made available.

In addition, match funding offers can also be targeted at specific charitable categories to create a multiplier effect for a particular region or social need (homelessness or mental health) for example by influencing organisations and individuals to donate or set up fundraising activities.

The Good Exchange platform has allowed us to be much more proactive in our giving as it provides an overview of local charitable activity. It also allows us to manage our grant administration in one place which has saved us significant time and effort. We find the ability to see the projects shortlisted by other funders registered on the platform particularly helpful as it allows a partnership approach to funding and means that resources can be allocated much more effectively. Through the platform we have also been able to trial match funding for good causes and this has been hugely successful and is something we will definitely look at doing again.
Catherine Haig
Chairman, Englefield Charitable Trust

The Good Exchange Platform helps with:

  • Aligning funding strategy with funding needs
  • Pro-actively matching applications to funding criteria for rapid short-listing
  • Full grant management service
  • Offering match funding for greater financial impact
  • Collaborating with other funders for optimal giving
  • Optimising charitable value
  • Cut the number of unsolicited applications

Want to find out more about how it works?

Ready to make a difference?

Become a Funder through The Good Exchange Today