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
Calling all @trustforlondon grantees - Trust for London is putting together a submission to the government's most recent consultation on employment rights - take a few minutes to fill in their survey https://trustforlondon.formstack.com/forms/sebtfl16 Aug 2019
"Londoners from African Caribbean, Asian and minority ethnic backgrounds continue to face racial discrimination…we must remember not to repeat the mistakes of the past and dispel the myths of centuries-old tropes about racial inferiority” @DawnButlerBrent http://bit.ly/2OY76b416 Aug 2019
Want to know more about our grant making in 2018? Our Evaluation and Learning Manager @hilary_research delves a little deeper into the 141 grants and £9.8 million spent across our seven different funding programmes last year in this blog post http://bit.ly/2YKzj9H16 Aug 2019