How Does It Work?

For Donors and Offsetters:

Why should you consider our donation-based crowdfunding model over traditional carbon offsets?

1. Are you concerned about your environmental impact, but believe there is a better way than traditional carbon offsetting schemes? (for our article on this, please click here)
2. Are you just interested in doing your bit to try and make the world a better place?
3. Do you have a love for innovation and innovative ideas, and want to help small businesses grow in a tough business environment?
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If any of these describe yourself – please consider our Innovation Offsetting scheme. All businesses we partner with are fully audited to ensure they align with the UN’s Sustainable Development Goals, all donations are tracked to ensure the money is spent on developing products, and your donation could be the difference between a company failing due to lack of funds, or crossing the valley of death and developing the next great technology.

Offset your impact on the planet today and make the world a better place tomorrow!

In order to ensure your donation is spent appropriately, we ensure all businesses sign up to the following conditions:

  1. All money received must be spent on the further development of the project, i.e. a capital investment into the project rather than increasing profits or shareholder dividends. All companies will be required to state where any donations will be spent, which will be highlighted on their donation page. This is for two reasons: 
         a. It allows donators to understand what they are donating to, and therefore which company most aligns with their values.
         b. It allows Philanthropic Ltd to ensure that donations are being spend in line with company policy.
    Our business model relies on philanthropic donations, our donators are doing so because they believe they are making positive change – and in order to ensure that goodwill continues we need to ensure the money is never spent on profits or extraction from the business.
  2. Should any company that is on the website be sold, wound-up or further investment is obtained (such as through Venture Capital) then donations will cease immediately. As above, our intent is to fund businesses that need help with investment while struggling with a new idea – not to subsidise investors!
  3. All companies registered must provide an auditable trail of where Philanthropic donations have been spent, and will be submitted to regular auditing by Philanthropic Ltd. This ensures that we are getting value for money for our donators and their money is being spent appropriately.
  4. Philanthropic Ltd will take a 25% commission of any donations earned, before releasing funding in monthly installments (donations received that month, minus commission, in arrears). This is our only fee – there is no start up cost. So this really is ‘No Win, No Fee’. See our FAQs for further details on our fees and where they go.
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