For more detailed information about our funders, finances and achievements over the years, please see our:
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 2020, 11% our funding came from regular and occasional donations from our individual supporters. 87% came from grants from trusts and foundations or other charities. Less than 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, 76% of our total expenditure expenditure went on staff costs, including for research, influencing and advocacy, campaigning, and coordinating the UK and international campaigns. 10% 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 2%, events costs of 1%, office administration costs of 7% (including rent for a small 220sq ft office), and other sundry costs making up the remaining 4%.
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 re-certified this rating in December 2020. 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 2019 – March 2020: 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.
£182,593 – 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
£36,480 – Climate Safe Lending
£40,000 – Escaping Growth Dependency
£29,500 – Economic Justice in Banking and Payments
£58,721 – Decarbonising the Bank of England
£26,982 – Green Monetary Policy in Europe
£11,532 – Aligning the Bank of England with net-zero
£47,982 – Climate Safe Lending (recieved via our partner on this project: Green America)
£15,000 – A co-ordinated Green Movement Strategy for money and banking reform at COP26
£2,000 – The Money Question
We also received £4,863 from our Brussels counterpart organisation, Positive Money Europe, for operational and advisory support services
INDIVIDUAL DONATIONS: In the financial year ending 31 March 2020 Positive Money received £62,706 in donations from 1,099 private individuals. None of these contributed more than £1,200 in total during the year.