Thank you for completing the profile form! It has been submitted successfully.
Here are the next steps:
1. BOOK AN ONBOARDING CALL (MANDATORY)
Please book a call on a date 3 – 14 days after the submission of the profile form.
The 2 objectives during this call:
- To provide a brief introduction to the program and to answer any questions you might have
- To understand and refine the projects that are to be listed on B1G1
You may choose to include additional team members in this call, if necessary.
*On the call booking page, enter your organisation name under Company Name and in the comments fields, enter ‘WC Onboarding Call’.
2. OVERVIEW OF THE WORTHY CAUSE PROGRAM
When you are part of B1G1, your projects will have a chance to receive additional funds from the global business community. We want to enable you and your team to focus more on creating greater impacts with your work.
Your principal obligation in this partnership is to apply the donated funds to the intended projects within three to six months of your receipt of the funds (exceptions may be granted in special circumstances – please let us know if you require more time). We’d also love you to regularly share with us any updates about your projects and new pictures and resources.
To ensure that contributions received through B1G1 can always fulfil the intended project activities, we also ask you to review your projects and the associated costs at least annually. If you want to list new projects (that you have been working on more than 2-3 years already), you can contact us any time.
The B1G1 Giving Board reviews the status of each Worthy Cause annually to confirm effectiveness and integrity. So, prompt submission of your annual report and financial statements after the end of your financial year is highly appreciated.
Your Worthy Cause Partnership will be renewed annually as long as these annual reviews are completed satisfactory and your projects are receiving enough support.*
* Minimum amount we expect that you raise is SG$3,000 per year (approx. US$2,200). And we hope that your projects will receive much more support from the B1G1 community.
LISTING YOUR PROJECTS
We will be reviewing the projects submitted on the profile form and we will work together to refine the projects together on the Onboarding Call.
Here is an example of a project on B1G1: https://www.b1g1.com/projectdetail/285
RECEIVING FUNDS FROM B1G1
Remittances of contributions to Worthy Causes are done once a month (towards the end of each month). All giving contributions are first accumulated in B1G1 Giving’s bank account. When the total contributions towards a Worthy Cause reaches a minimum of SG$500, the Worthy Cause gets added to the month’s remittance list. The reason we wait for an accumulation of at least SG$500 in funds is to ensure that fixed bank transfer fees are not wasted on small remittances.
All remittances are done in Singapore Dollars, unless specifically requested and approved. B1G1 Giving, our internal organisation that manages all contributions, is registered and located in Singapore. To ensure the consistency, accuracy and cost effectiveness of the fund management, all contributions made on our website are converted into Singapore dollars using the latest currency rates.
B1G1 fully remits 100% of the amount to you even topping up the credit card processing fees charged by the bank. We ensure that we are accountable for every dollar and cent to help your organisation achieve more. When you receive the remittance, the amount will be automatically converted into your own currency by your local bank (conversion rates vary depending on the bank you are using).
Every remittance will be accompanied by a remittance advice that details the distribution of the contributions to the respective projects you have listed. Acknowledging the advice gives your confirmation that the funds will be distributed according to the breakdown summarised on the advice.
COMMUNICATION WITH DONORS
To protect the privacy of B1G1 Members and Partners and keep things simple, you will not receive donor contact details and you are not allowed to contact donors directly.
However, B1G1 ensures that all donors supporting your projects will receive acknowledgement and information about the project. You will also receive statements for the clear breakdown of all contributions. Please update us when you have any changes, new pictures or other resources. If a donor requests additional information about you, we’ll facilitate the communication process.
PROVIDING PROJECT UPDATES
As a general expectation, all Worthy Cause Partners are required to provide an update on their listed projects at least once every quarter (4 times a year). Our business members would have the permission to use the stories and images provided in the updates provided for their business marketing purposes. If you have any questions, do reach out to us at [email protected].
The project updates can be submitted on this link: https://www.b1g1.com/businessforgood/wc-add-updates/
ANNUAL AND PROJECT REVIEW
After an approved Worthy Cause has been listed on the B1G1 website for at least one full year, the Worthy Cause is subject to our Periodic Review process. The primary purpose of this review is to confirm that the Worthy Cause is still operating effectively, appears to be following appropriate governance practices (such as filing audited financial statements), and has not been the subject of material adverse publicity. The review also provides an opportunity to evaluate how well a Worthy Cause is doing as a member of the broader B1G1 community – e.g., is it receiving contributions, is it responsive to our communications, and so on.
All Worthy Cause Partners are reviewed annually and are expected to meet these criteria to renew:
- Able to provide latest annual report and audited financial statement
- Acknowledges remittance promptly
- Website is updated
- Program scope has not changed
- Does not have negative Google search results (on the organisation, staff or Board members) without a satisfactory explanation
- Communication turnaround <7 days
- Activities are not associated with evangelism
- Has raised more than SG$3,000 in the last year
- Provided regular project updates (minimum 4 times in the last year)
3. WORTHY CAUSE PROGRAM RESOURCE CENTRE
Please bookmark this link: https://www.b1g1.com/businessforgood/wc-resource-centre/
The link above provides all the information above and more about the Worthy Cause Partnership Program with B1G1. You can use this link to pass it on to other team members who might be involved in managing this partnership.