An easy to set up charitable fund for fundraising groups raising over £20,000 a year. You benefit from Prism's charitable status, and donations can be gift aided to support your global initiatives. You focus on the cause; we provide the administration and governance.
Prism offers a unique service to individuals and groups who are raising funds for a specific issue area. The Collective Fund model aims to remove the obstacles involved with setting up a standalone charity, instead providing fundraisers with a charitable account underneath Prism’s auspices. If you are thinking of raising over £20,000 a year for your chosen cause, then this service could be for you. A Collective Fund appeals to those who are new to the charity sector, have a new idea, are new to raising funds in the UK, or simply don’t have time to run their charitable projects at the same time as running the back office. It additionally appeals to people or groups where time is of the essence, and waiting for charitable registration might seriously impact their ability to carry out good work.
What are the benefits?
Among many other things, a Collective Fund with Prism allows you to:
Create and name your own ‘restricted fund’
Operate under a registered charity’s auspices
Receive 25% more in gift aid on all eligible donations
Save the cost of VAT on EU invoices
Benefit from a full board of Trustees
Gain transparency in your charitable activities
Outsource all financial administration to experienced charity professionals
If you think you’d like to open a Collective Fund with us, the application process is simple- please fill out our Collective Fund Questionnaire. Once completed, send it to firstname.lastname@example.org . If you’re the right fit for Prism, we’ll be in touch with further information. If you’d like to look at our existing clients, you can scroll through them below.
"We are so incredibly grateful for the invaluable work of Prism the Gift Fund which has enabled Help Refugees to work in such an unprecedentedly efficient and diligent way. The Prism team have been a huge asset to us and together we have been able to help hundreds of thousands of refugees worldwide".
– Lliana Bird, Co-Founder, Help Refugees
We are a new, small and still learning charitable organisation. Prism The Gift Fund has been an ideal vehicle for us, not least in it simplification and ease of access but in its welcome and ongoing flexibility to suit our needs as we grow and change.
– Olivia Rowe, Founder, The Jack Rabbit Foundation
The World Food Programme began working with Prism in 2015 to support the flow of donations for our high profile Tackle Hunger campaign linked to the Rugby World Cup. Prism provided a fast and flexible service which formed a key part in helping WFP to deliver a successful fundraising campaign. WFP now works with Prism on a long-term basis to enable our supporters to donate towards our work in a tax effective manner.
– Patrick McKenna, Partnerships Manager, World Food Programme
"Since the opening of our account in 2014, PJ Library have regularly benefited from the expertise and professionalism that the Prism the Gift Fund team provides. Thank-you for your ongoing support".