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
Living in London costs between 15% and 60% more compared to the rest of the UK. We need to bring down the cost of essentials like housing and childcare and boost incomes to tackle problems like child poverty in the capital https://bit.ly/2uxp9rw24 Apr 2019
For too many Londoners, housing is not affordable. We’re supporting organisations to campaign on #housing affordability and identify possible solutions. Read more about what we’re doing here https://bit.ly/2W2vyHg24 Apr 2019
Londoners need better #housing ! Community leaders are taking action with the help of fantastic orgs such as @trustforlondon @LondonCLT and @genrentuk People need safe, secure and affordable places to live. Find out more: http://bit.ly/2IHI10j23 Apr 2019