Virgin Money Giving has launched a brand new set of fundraising tools specifically for businesses.
From Tuesday 10th March businesses can sign up to Virgin Money Giving and create their own branded fundraising hubs in minutes and free of charge, taking away the stress often associated with corporate fundraising and making it much more accessible for smaller organisations.
As more and more businesses look to put purpose and social good at the heart of their strategies, there is a huge opportunity for charities to build new relationships with them. According to the latest Institute of Fundraising Charity Benchmarking report*, corporate fundraising is seen as one of the few areas that could help charities diversify and grow their income.
The new Virgin Money Giving fundraising hubs let businesses fundraise for their chosen charity partner or a number of charities. The hubs can be branded and customised for each business, providing an effective way for businesses of any size to enhance their Corporate Social Responsibility initiatives and bring colleagues together to do good.
To go alongside its new business fundraising hubs, Virgin Money Giving has also launched a ‘matched funding service’, to help charities raise even more with a supportive corporate partner. Match funding is a great way to boost colleague morale and funds raised for good causes. To allow businesses of all sizes to take advantage of this, and in line with our not-for-profit ethos, there is no charge for this new service.
The hub is just the first stage of Virgin Money Giving’s Corporate Fundraising proposition and as it develops it will continue to offer innovative new features, such as the ability to run inter-team fundraising competitions.
Jo Barnett, Executive Director at Virgin Money Giving said: “Virgin Money Giving has been watching the growth in corporate fundraising closely and it’s great to be in a position to help charities make even more of this opportunity with our new fundraising tools for businesses of all sizes. In true Virgin style, we’re challenging the status quo by offering this service for free and making it super easy for businesses and their employees to support local and national charities’”
“Charities using Virgin Money Giving for their corporate fundraising will also benefit from our unique Donor Covers Fee feature, allowing donors to cover 100% of our donation fees. Since 1 September 2019, we’ve seen generous donors cover charities fees on average 80% of the time, with no change to the average amount they give.”