Switch Aid is a new not for profit fundraising scheme.
If you have ever used a comparison engine or broker you will know that you can compare the whole market, find the best deal and keep the savings all at no cost. They can do this because they are paid commission from suppliers – it’s a great model and Win/Win for everyone involved.
Switch Aid does the same service, specialising in Energy and Telecom’s for Charities & Not for Profits.
What makes them different is that they are a not for profit, so when they are paid commissiontheyhy pass up to 80% of the profits onto your charity/not for profit.
It means that you can gain sustainable income, as every time the contract is renewed, additional funds are raised.
How Does It Work?
Step 1: Arrange a call back to receive a no-cost review of your core running costs (Utilities & Telecoms)
Step 2: If you could be on a better tariff for your needs, they present their findings and you decide if you would like to change to the cheaper rates.
Step 3: As a social enterprise they give up to 80% of the profit given from the supplier back to your charity as a grant.
Because the profits are generated by commissions from the supplier there is no cost for their service and you pay the same as going direct.
THAT’S NOT ALL – At the end of the year, if they have money left over it goes into their foundation where you can apply for a further grant.