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 2019, 16% our funding came from regular and occasional donations from our individual supporters. 82% came from grants from trusts and foundations or other charities. Less than 1% came from the sale of books and other products 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, 78% of our total expenditure expenditure went on staff costs, including for research, influencing and advocacy, campaigning, and coordinating the UK and international campaigns. Other costs include communications and online services costs of 4%, events costs of 1%, office administration costs of 11% (including rent for a small 220sq ft office), and other sundry costs making up the remaining 6%.
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.
ANNUAL REPORTS: For more detailed information about our funders, finances and achievements over the years, please see our ANNUAL REPORTS & AUDITED ACCOUNTS.
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. 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 2018 – March 2019: 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 is included regarding our individual donors is also included at the bottom.
£183,443 – A Money and Banking System Hardwired for Sustainability and Tackling Climate Change
£54,720 – Climate Safe Lending
£50,000 – The Potential for Money to be Created for the Common Good
£40,000 – Escaping Growth Dependency
£30,500 – Economic Justice in Banking and Payments
€30,800 (£27,187) – Green Monetary Policy in Europe
$24,830 (£18,355) – Civil Society Voices in Eurozone reform and the European Central Bank (supported by the Open Society Initiative for Europe, within the Open Society Foundations)
INDIVIDUAL DONATIONS: In the financial year ending 31 March 2019 Positive Money received £80,501 in donations from 1,363 private individuals. One of these made a donation of £8,880. Of the remainder none contributed more than £2,000 in total during the year.