In 2011 goodcompany merged with the Karma Currency Foundation, creating a combined platform enabling people to give of their time, money, or both. This will have a much greater impact on the community sector, adding strength and capacity as well as providing a compelling story for workplaces to contribute both their talent and their funds.
The Karma Currency Foundation (ABN 54120979809) is a national, independent, charitable not-for-profit that seeks to revitalize the philanthropic landscape in Australia. We look for innovative ways to help people and companies support their favourite charities.
By joining Karma Currency your community organisation will be able to list as many projects/ethical gifts as you wish plus have full access to 6 new fundraising streams:
1. Workplace Giving (both matched & unmatched)
2. Charity Gift Registries (for weddings, birthdays)
3. Fundraising Pages (for fun runs and other events)
4. Charity Gifts/Donations (straight donations)
5. Charity Gift Vouchers (redeemable to your charity) and
6. Loyalty Programs (donations via loyalty points)
On average our current beneficiaries (over 200 charities) raise $3000 p.a. and donations have been growing at 43% p.a. year on year since 2007.There is an annual fee of $330 (Inc GST) to use the Karma Currency site, but membership of goodcompany will remain free.
“The Big Issue has enjoyed three years working with Karma Currency. During that time over $27,000 has been raised in support of our initiatives. We are impressed with the level of service that we receive and by the great outcomes for our organisation.” Jenn Fowler Corporate Partnerships Coordinator, The Big Issue
“Karma’s workplace giving platform has just the right mix of engagement, ease and reporting tools for a large and diversified workforce like Origin Energy. We couldn’t be happier with the result” Mirella Gigliotti Employee Engagement Manager, Origin Energy
“Since 2008 Karma Currency has helped raise a little over $20,000 via Workplace Giving, Charity Gift Vouchers and Charity Gift Registries. At $300 per annum we feel it’s a great investment. Karma Currency have made it so easy to set up and manage and they are really friendly to work with.” Annie Wormald External Relations - Engineers Without Borders Australia