An easy to set up charitable fund for groups and individuals raising over £25,000 a year. A Collective Fund under the auspices of Prism enables you to focus on the cause whilst we provide the administration, governance and charitable expertise to support your charitable endeavours all over the world.
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?
Prism offers a bespoke, personal and swift service to all Collective Funds. Detailed below are some of the key benefits associated with setting up a Collective Fund with Prism:
Create and name your own ‘restricted fund’
Operate under Prism's registered charity auspices
Benefit from access to a full board of Trustees
Gain transparency in your charitable activities - Prism conducts all due diligence on your behalf
Receive a dedicated account manager at Prism
Outsource all financial administration to experienced charity professionals - Prism receives and administers all income and expenditure
Receive 25% more in gift aid on all eligible donations
Save the cost of VAT on UK invoices
Provide you with the ability to fundraise online
If you think you would like to open a Collective Fund with Prism, or you would like to find our more about our services please send an email to email@example.com or call us on 020 7486 7760.
'Help Refugees' growth and achievements since 2015 would not have been possible without the guidance and support of Prism The Gift Fund. We are so grateful for the team at Prism for their hard work, professionalism and kindness. '
– Help Refugees
'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.'