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, and from a network of committed individual supporters providing both regular and occasional donations.
In the financial year ending 31 March 2018, 18% our funding came from regular and occasional donations from our individual supporters. 79% 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 2% 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 cost is our team of staff and contractors, while our overheads are kept very low. In the same financial year, 74% of our total expenditure expenditure went on staff costs, including for research, influencing and advocacy, campaigning, and coordinating the UK and international campaign. Other costs include communications and online services costs of 6%, events costs of 5%, office administration costs of 11% (including rent for a small 220sq ft office), and other sundry costs making up the remaining 4%.
The organisations listed below have provided 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
List of funders April 2017 – March 2018: Funding organisations for the last financial year, and their contributions to our work received during that year, 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 at the bottom on our individual donors as well.
£175,000 – Monetary Financing & Green Quantitative Easing
£93,550 – Sovereign Money Research
£71,360 – The Potential for Money to be Created for the Common Good
£21,357 – 2° Lending Network
£20,887 – Escaping Growth Dependency
£12,605 – European Movement for Monetary Reform
£7,000 – The Future of Cash
£5,100 – Public Sovereign Money Creation
£2,000 – Money Matters Initiative
INDIVIDUAL DONATIONS: In the financial year ending March 2018 Positive Money received £94,415 in donations from 1,820 private individuals. None of these donors contributed more than £2,500 in total during the year.