For more detailed information about our funders, finances and achievements over the years, please see our:
ANNUAL REPORTS & AUDITED ACCOUNTS
How is Positive Money funded?
Positive Money is a not-for-profit company and receives the majority of its funding from a number of charitable trusts and foundations. We also receive funding from a network of committed individual supporters providing both regular and occasional donations.
In the financial year ending 31 March 2021, 14% of our funding came from regular and occasional donations from our individual supporters. 84% came from grants from trusts and foundations or other charities. 1% came from miscellaneous sales and a final 1% came from other operating income including income received for the provision of services. More detail on our funders and donors and the amounts given for each project is provided at the bottom of this page.
In terms of expenditure, our main costs are salaries for our team of staff and contractors, while our overheads are kept very low. In the same financial year, 77% of our total expenditure went on staff costs, including for research, influencing and advocacy, campaigning, and coordinating the UK and international campaigns. 6% of costs were sent to our Brussels counterpart, Positive Money Europe, and came from those grants to us that had portions of their budgets specifically earmarked for activities in Belgium. Other costs include communications and online services costs of 6%, office administration costs of 5% (including rent for a small 220sq ft office), other sundry costs making up the remaining 6%. We had no expenditure on events during this financial year due to the COVID19 lockdown restrictions.
The organisations listed at the bottom of this page provide funding for our core projects, but we depend on the support of dedicated individual supporters in order to keep campaigning for a banking system that works in the interests of ordinary people. If you can, please help with a small monthly donation.
We are extremely grateful for the generous support of all our funders, without whom our work would simply not be possible.
Transparency: Positive Money is committed to transparency about its sources of funding. In March 2019 Transparify awarded Positive Money their highest rating of 5 stars, after evaluating our public funding information, and has repeatedly re-certified this rating in subsequent years (most recently in December 2021). Transparify is an independent assessor of the funding transparency of think tanks all over the world.
“Positive Money’s level of financial disclosure is exemplary. Stakeholders can see exactly who funds its work, what sums they provide, and for which activities, and so can rest assured that there are no hidden agendas. Transparency is a core democratic value, and Transparify is delighted to see that Positive Money walks the talk when it comes to revealing its own funding sources.”
– Dr Till Bruckner, Advocacy Manager, Transparify
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List of funders April 2020 – March 2021: Organisations from whom we received funding within the last financial year, and the amounts they provided, are listed below with the name of the project or area of work funded. Click on the logos below to be directed to their websites. A note regarding our individual donors is also included at the bottom.
The Kestrelman trust
£183,443 – A Money and Banking System Hardwired for Sustainability and Tackling Climate Change
£50,000 – The Potential for Money to be Created for the Common Good
£41,132 – Organisational Effectiveness grant to support the setup of Positive Money US
£40,000 – Escaping Growth Dependency
£20,000 A wellbeing economy
£20,000 Campaigning on climate finance in the run up to COP26
£15,000 – A co-ordinated Green Movement Strategy for money and banking reform at COP26
£11,532 – Aligning the Bank of England with net-zero
£10,563 – Decarbonising the Bank of England
£8,838 – we received from our Brussels counterpart organisation, Positive Money Europe, for operational and advisory support services.
£4,949 – for our support on the Climate Safe Lending project (received via our partner on this project: Green America)
£500 – Economic Justice in Banking and Payments – Barrow Cadbury Trust
INDIVIDUAL DONATIONS: In the financial year ending 31 March 2021 Positive Money received £66,950 in donations from 1,124 private individuals. None of these contributed more than £500 in total during the year.