Big Give is delighted to relaunch our Anchor Match Fund for 2023, which will help charities to run their own match funding campaigns. This is a fantastic opportunity for charities to receive additional funding from us, and we are committed to supporting them in every way possible.
Big Give will contribute £1k of match funds for every £4k that charities raise from pledges (match funds from their own supporters), up to a maximum of £10k per charity.
First Edition
The first edition of Anchor Match Fund 2023 will run from 1st March until 30th June 2023.
Campaigns must launch and close between 1st March and 30th June.
Second Edition
The second edition of the Anchor Match Fund 2023 will run from 1st July until 31st December 2023.
Campaigns must launch and close between 1st July and 31st December.
Big Give voluntary tips
We rely on the generosity of the public to help us cover the costs of running and managing our match funding campaigns. Thanks to the kindness of donors, we have been able to use additional funds raised from voluntary tips to support Anchor Match Fund charities in their efforts to raise money for good causes.
Stage 0: The Raise
Big Give puts money secured from tips aside into a match funding pot.
Stage 1: Initial application
Big Give markets the opportunity to charities. The application involves completing the information for the project charities are seeking to raise funds for.
Stage 2: Vetting and notification
Big Give completes due diligence checks on all applications and assigns funding to the campaign. Big Give will offer charities £1,000 of match funding for every whole £4,000 in pledges secured by the charity. The maximum in match funds that will be awarded to a charity is £10,000.
Stage 3: Pledge collection
Charities that complete the application are automatically enrolled on to the next stage, which involves securing Pledgers for the campaign. Their pledges make up part of the match funding pot. Charities must secure a minimum of £4k in pledges to be eligible for Anchor Match Funding.
Stage 4: Campaign
All donations to participating charities are doubled. The combined funds are used to match online donations. Any donations raised over the overall target count as extra, unmatched, unrestricted donations to a charity’s campaign.
Stage 5: Post-Campaign
Learning and impact assessments are sent out, and any charity reporting requirements (if applicable).
The Anchor Match Fund follows our pledge model
Charities
Eligibility criteria:
- Be a UK-registered charity with a Charity Commission number or tax-exempt status and an annual income of at least £25,000 (as per last filed accounts).
- For the first edition, campaigns must launch and close between 1st March and 30th June 2023.
- For the second edition, campaigns must launch and close between 1st July and 31st December.
Sign-up process:
Applications will be considered on a rolling basis.
- Log in or sign up, head to My Campaigns, and click on ‘start a new match funded campaign’.
- For the question about how much match funding (pledges) you intend to secure, please include the match funding you hope to secure through the Anchor Match Fund. Eg. If you are secure £8,000 of pledges (match funds) from your own supporters to apply for £2,000 of match funds from the Big Give, please put £10,000 for this question.
- Once you have submitted your campaign for approval, contact Big Give at hello@thebiggive.org.uk to notify us that you wish to apply for the Anchor Match Fund.
Ready to get started today? Join our community of like-minded changemakers
FAQs
Who matches donations?
Funders, who we call Champions, and Pledgers.
Champions are our Big Give partners, and include high-net-worth individuals, foundations, philanthropists, trusts, statutory bodies, companies and more. Pledgers can be anyone in the charity’s network. This may include a trustee, foundation, trust, company, volunteer, high-net-worth individual and others.
How does online matching work for the public?
The public will be told if matching funds are available or not when they donate. When donating, match funds are reserved for 30 minutes to complete the donation. All donations are matched in real-time, and donors can see how much match funding has been allocated to their donation.
Why do Big Give ask for tips?
As a charity ourselves, we don’t charge our partners for using our platform, so we’re incredibly grateful to people who choose to leave a voluntary tip. Those tips are what make us able to keep doing what we’re doing, run our match funding campaigns, and help make an impact on the world’s biggest problems — together.