Blog Post

Blog-Header-Newsletters-e1667941515928.jpg

Changing the Way Money Moves

Dear JustFund Community,

 

A few years ago, I remember reading an email about a (then) new initiative called “Black Mama’s Bail Out Day.

Organizers from Southerners Organizing on a New Ground were raising money to bail out as many mothers and caregivers as possible so they could be home on Mother’s Day. Funds would go toward services to support people bailed out, actual bail, and legal costs. I remember wishing I had a way to tell friends and family outside of the donor network I was in – and track our collective giving to help that organization hit its financial goal as quickly as possible.

While activists and leaders of organizations like SONG were working around the clock doing this critical frontline work, I thought the least we could do is make their ability to find new funding easy and simple.

Why should activists take time away from their life-changing work to spend time navigating complicated applications from dozens of funders?

Surely, philanthropy could find a streamlined solution, a way to help organizations lift up their needs; a way for us to organize our peers and make sure these critical leaders have the resources they need.

We have spent five years designing that solution in JustFund and have strengthened our capacity to regularly improve the platform by introducing new features monthly. We started by providing the nation’s first-ever common proposal. Over 75 funds use the common proposal today, and collectively we’ve moved $154M through this equitable solution.

When we heard from some JustFunders that they don’t even need proposals to consider making a grant – just the organization’s name, address, and EIN – we jumped in to respond. JustFund has been working closely with both grant-seekers and grantmakers to launch new Organization Profiles: a way for organizations to tell their story and for JustFunders to search for, view, and share funding decisions at the organization level. JustFunders will still have the chance to request the common proposal when running a grant cycle and view proposals.

We are excited to share this feature with JustFunders next month!

 

 

JustFund is the only national platform where you can learn about and track collective funding to frontline work happening right now on the issues you care most about. Keep your ideas coming – we’re listening. Let’s change the way money moves, together.

Warmly,

Iara Peng, Founder & CEO

Iara Duarte Peng

Iara Duarte Peng

Iara Duarte Peng is the Founder and CEO of JustFund.

Related Articles

May 31, 2022

The Role of Trust in Grantmaking

Dear JustFund Community,  You’ve heard us say that Money Moves at the Speed of Trust™ and undoubtedly you’ve been in a meeting or read a piece…

Read More
April 30, 2022

Changing the Way Nonprofits Apply for Funding

Dear JustFund Community,  Did you know that JustFund is the nation’s first – and only – national common application grantmaking solution? We launched the common proposal…

Read More
March 31, 2022

Equity in Philanthropy

Dear JustFund Community,  It’s happening! There are so many more dynamic conversations in motion today about how to truly center equity in philanthropy. The most…

Read More
February 28, 2022

Funding Historically Excluded Organizations

Dear JustFund Community, JustFunders are off and running in 2022 as they center equity in their grantmaking and work to move more resources to historically…

Read More
December 9, 2021

What a year 2021 was…

Dear JustFund Community, I continue to be struck by the exclusionary and expensive nature of traditional philanthropy, which makes funding accessible to only select nonprofits…

Read More
wooden stick figures around a roll of money
November 15, 2021

Challenging Inequity: Collaborative Funding and Participatory Grantmaking in Action

Read More
November 9, 2021

Philanthropy Built on Trust

Dear JustFund Community, JustFund was developed a few years before the revolutionary trust-based philanthropy movement came to be, as a way to operationalize best practices…

Read More
$100 million moved and counting...
October 12, 2021

We’ve Reached A Major Milestone! 🎉

When we first launched JustFund in 2017, our mission was to simplify grantmaking and build a solution rooted in equity, trust, and transparency. By disrupting old models of giving and offering new…

Read More