Problem:

Nonprofits rarely use the latest technologies in their work. The reasons are clear: "lack of funds" and high competition for talent. Despite the advantages of using platforms to increase efficiency and impact, the nonprofit sector lags in adopting these technologies, relying on "simple" solutions for highly complex problems. However these problems can only be solved with effective collaboration, data collection, and analytics. The lack of technological acumen and tools leads to one-off grants with no continuous improvement or potential, resulting in inefficient use of funds and minimal impact. We observe that grantees often focus on quantity over quality in their efforts.

Solution:

Leveraging tech-platforms on the funder side can dramatically improve efforts towards positive outcomes, not only for individual projects but for entire causes. Platforms serve as continuous and holistic sources of information, frameworks, data, and communication between various stakeholders, enabling cross-pollination between different grants. The cumulative effects of this foundation lead to dramatic increases in efficiency towards set goals. Continuous improvements provided by tech-platforms offer steady growth in impact and understanding of problems, allowing new grants to be more informed and effective over time. Communication platforms can unite stakeholders, fostering community and mass collaboration, and creating long-lasting impacts beyond the scope of individual grants.

At Funds' disposal, our platforms-as-a-service solution - a holistic in-house service equipped with a deep understanding of social systems and meeting the highest privacy requirements.

Funds are Empowered By:

• Data Platforms: Developed for specific causes or grants, increasing efficiency in data collection, processing and analytics
• Communication Platforms: Enabling dialogue and information exchange between grants and multi-stakeholder discussions within one or multiple causes.
• Incentives and Tokenized Platforms: Tracking progress and rewarding participants.
• Impact Platforms: Collecting data across many points to create a holistic picture and tangible metrics of impact.
• Collaboration Platforms: Enabling mass collaboration, empowering grantees to attract volunteers, and increasing the efficiency of efforts.
• AI Capabilities: Supported by iPhi and Elixirs solutions, providing structured and flexible AI capabilities out of the box for every grant.
• Continuous Support and Development: Providing ongoing platform support and development without the budget burden of creating a dedicated team, saving millions while improving the efficiency of grantmaking.

This on-demand, continuous, and in-house solution aims to become a solid base for Funds to be more informed, scalable, and efficient.