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The Big Give has announced a pound-for-pound matching offer which will launch on Monday (1st December).
Donations of up to £5,000 made via the website will be matched by the Big Give until a £1m donation by the Reed Foundation, runs out.
While original predictions from within the Big Give estimated it could take months for the fund to dry up, a spokeswoman told Professional Fundraising that some have suggested the full £1m could go within hours.
The matched funding offer will launch after 9:30am on Monday December 1.
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David Otway
Fundraising Officer
London Narrow Boat Project
3 Dec 2008
Money goes to money!! Would be interesting to see a list of the beneficiaries which no doubt will be in the main those large organisations with salaried fundraisers and probably already cash rich with assets not being used. Or am I being cynical?
Also suspect there may have been a bit of manipulation of funds arriving as "donations".
Surely the Reed Foundation could have found a fairer way of disposing their funds, possibly to voluntarily run charities whose needs are not so easily met. NOT IMPRESSED.
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