In order to deliver Beam’s 100% giving model, Beam receives grants and additional funding from foundations and private funders to cover our running costs. Organisations we’ve received financial backing from include:
- Greater London Authority
- Social Tech Trust
- Three Oaks Trust
- 13 individual funders
This funding goes towards Beam’s running costs e.g. employee salaries, operational and software development costs and also payment processing costs.
In addition to these grants, supporters can choose to leave "tips" when they donate through the platform to help meet a small portion of our running costs. Supporters must opt in to leave a tip - it is not automatically added.
We have also been commissioned by a handful of local authorities in London to deliver our services, which is another way we can generate some income. We will never charge homeless people to join Beam.
We are urgently looking for new grant funders to ensure that we can continue to operate and grow Beam. If you are interested in providing a grant to Beam of any size, please email our CEO, Alex, on [email protected] Thank you.