The benefits & challenges of matched crowdfunding
This report contributes evidence from a matched crowdfunding pilot between Trust for London and City Bridge Trust. Many funders are experimenting with matched crowdfunding as a way to make parts of the grant funding process quicker, more accessible and more transparent. This report looks into whether these benefits are borne out in practice, and what challenges arise from the crowdfunding approach. The Fund - "Improving Life for Londoners" - was a £100,000 joint fund from Trust for London and City Bridge Trust for projects tackling poverty and inequality in London. This pilot project offered grants of up to 50% of a project's crowdfunding goal, with a maximum of £10,000 per project.
From our Twitter
“All too often the voices of those who are living on low incomes are unheard.” Our Grants Manager @AustinTL1 asks how funders can best engage with people with lived experience of poverty http://bit.ly/2SbqUcn19 Feb 2019
Thank you to all of our grantees who do brilliant work every day to make London a fairer city #charitytuesday19 Feb 2019
Millions of people face a twin injustice: sky-high prices for new homes, built on land owned by profiteering developers. We work to find sites for affordable #housing & put the power in the hands of local people http://ow.ly/kCie50lF7NF @LondonCLT @trustforlondon18 Feb 2019
We're seeking applications for secondments into the Greater London Authority Social Integration Team as part of our Citizenship & Integration Initiative. Deadline 13 March. Full details here http://bit.ly/2N4SxOi19 Feb 2019
Do you or does someone you work with find it difficult to cover the high cost of living in London? Would you be interested in talking to the BBC with our support? To highlight the problem and push for change? Then email email@example.com Feb 2019