Mechanisms
We have three funding streams; Pools, Major Projects and FastTrack. All projects are sponsored and assessed by members who choose which of the funding streams to participate in and how to allocate their donations between the options on offer.
Within these streams about 90% of funding is to charitable projects and about 10% to non-charitable ones. Charitable funding can be very tax efficient for our members, but non-charitable funding is an important way to fund new or more radical campaigning organisations. These can make significant impacts but often struggle to get funding.
Pools: Members sponsor projects for grants of up to £15K per project from one of the 6 Pools. Currently these are Green Planet, Human Rights, Economic Justice, Health and Wholeness, Peace, Arts and Education. The projects are then assessed by members of the Pool who decide together on a portfolio to bring to the wider membership for funding. Around half our funding is via Pools.
Major Projects: These are projects which are each initiated and driven by a small group of Networkers. Typically these will focus on a neglected area of social change. The wider membership normally then provides funding for 3-6 years, typically raising £50-100K per project per year.
Our 3 current major projects aim to
FastTrack: FastTrack provides grants of up to £5000. Each project is identified, assessed and sponsored by a single member, who then invites fellow members to join them in funding it.
Charitable and non-charitable funding
Charitable projects are funded through The Network for Social Change. Registered UK Charity Number 295237. Company Registration Number 2037412
Non-Charitable projects are funded through Funding for Change Limited. Company Registration Number 2045547