How FundGrid works
Individuals contribute to the FundGrid Impact Pool, allowing FundGrid to allocate funds fairly across verified community projects, while companies can either contribute to the pool or directly sponsor projects that align with their CSR goals.
1. Two ways in
Verified organisations (NGOs, schools, clinics, community institutions) submit projects after FundGrid has verified the organisation itself. Community members can also report a need without any proposal or budget; FundGrid then develops it as a FundGrid-led project.
2. Screening
FundGrid checks eligibility, scope, budget realism and duplication before anything moves forward. Incomplete submissions are returned with clarification requests.
3. Independent verification and assessment
Partners and trained volunteers confirm the need on the ground with dated, located evidence. An organisation that would implement the project is never its only verifier. FundGrid then scores the project out of 100 on evidence, and hard gates (such as land rights and safeguarding) must pass whatever the score.
4. Independent authentication
An Independent Project Authentication Committee of five reviewers, none of them FundGrid staff, examines the evidence dossier and votes. Only independently authenticated projects are published, with a public verification summary.
5. Funding
Individuals contribute to the FundGrid Impact Pool. FundGrid allocates pooled funds across authenticated projects by urgency, readiness and funding gap. Companies may contribute to the pool or sponsor a specific authenticated project.
6. Milestone release and reporting
Funds are released milestone by milestone. Each release needs evidence reviewed by FundGrid, with an independent check for larger milestones, and progress updates are published on the project page.
Nothing is released on trust alone
Every naira allocated is tied to a verified project, a named milestone and evidence submitted from the field.
Pooled
Individual contributions enter the Impact Pool cycle.
Allocated
FundGrid assigns funds to independently authenticated projects and records every allocation.
Released
Milestone funds unlock only after evidence is reviewed and accepted.