Review on GoodExchange by Daniel Bamidele
Charity platform
Hello users, today I will be discussing about a new exchange platform that performs it's benefits to it's users and communities which is the good exchange. The platform is said to be one of the few online funding and fundraising platforms that is wholly owned by a charity firm, the project helps funders in its local environment or areas to give and receive grants more quickly and efficiently and to enable all charitable organizations from anywhere to run cost effective crowd funding appeals. The project is said to be a non-profit organization owned by greeham trust, this unique platform brings together for the first time a community of funders, fund raisers, donors, and the public in support of charitable projects
In my research, the platform enables transaction with money for good causes to identify projects that meets their giving criteria, while allowing charities to receive multiple grants from one application form, manage fundraising events and public donations in one place. Till date, users of the platform transact an average of 208 donations per months, the good exchange has become the latest online giving platform to revamp it's fee charging structure. The project also works with multiple funders in the trust local area to match charities/charitable projects, raising funds, with those who have money to give, it already offered the option to cover platform fees but from last month donors also cover the lost of the payment processing fees
However, the platform gives some of the following benefits; donations made in return of goods, services and personal benefits including entrance tickets to events, applications for sports or member organized tours, unless specifically for hardship cases. Please note that the platform is unable to match gift aid, payments for charitable organizations, grants givers and donations made in return for goods, services and personal benefits. Moreover, the platform plans to provide a completely free services, and many users appreciate that they deliver closing the charitable funding gap, must continually enhance their offering to attract new funders and donors. It has decided to make the services free for those donating money for good causes
Conclusion, the feedback has driven the announcement to make the platform free to use for funders and donors, with fundraising organizations receiving money through the platform holding ultimate. The good exchange platform allows funders to offer match funding - a defined amount of money available in part or whole when it has been matched through donations or fundraising activities, the project is proud to host a wide range of charitable projects, including funder priorities with the projects listed and offering a one-step solution to funders seeking to maximize the impact of their giving. So I would like to recommend any user looking for charity donations which is the good exchange platform
Pros
- Instant accessibility
- Charity home
- 24 hours customer support
Cons
- No roadmap
- Not a reputable company
