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1.Schools / PTAs create a project to fundraise for something they think would make a difference to their school
2.They share the project with their contacts (friends / alumni / parents / local community)
3.People donate to the projects they want to support
4.If you hit your target by your fundraising deadline, the donations are transferred to your school / PTA's bank account
Your funders will be people from your personal network, your school's network and complete strangers! Parents, friends and family are a great place to start. Then go beyond, to the local community, school suppliers and alumni. How many people your project reaches is up to you! We’ll also do our best to share your project with our networks to maximise donations.
We strongly recommend you limit your initial target to £1,500. This is to help maximise your chances of success, as the lower the target, the easier it is to reach! You can raise more than this, so add a stretch target just in case.
Yes! If you hit your target (woohoo!), then we will contact you to ask if you'd like to add a stretch target.
Just click the big pink "get started now!" button above or checkout these videos we've created to explain the process.
If you’re employed by a UK school / college / pre-school or part of a school PTA / PTFA (Parent, Teachers and Friends Association) / Governors and your project is for the direct benefit of students, then you’re eligible!
You pick the products your school needs and write your pitch. When it's published, you need to share as much as possible (don't worry, we'll send you tips on how to do this). If your project meets its funding goal, we’ll ask you and your students to thank your donors with notes and photos of the project in action once the products arrive.
After a few months of using the product, we’ll also ask for a review / case study to help other teachers in the future.
We ask you for two amounts - the minimum you need, and your ultimate target. Funds only change hands if a project reaches its minimum target by its end date. We recommend setting the minimum at the smallest amount you need to complete your project.
Nope! Rocket Fund is totally free to use. We currently cover our costs via grant funding from Nesta and other partners.
If you reach your minimum target by your funding deadline then woohoo! You did it! Once you've stopped celebrating, we will ask you for your school / PTA's bank details so we can transfer the money you've raised.
You can create your first project in about 20 minutes (even faster when you get the hang of it!). Our team will then review and publish your project in about 3 days or at the start of the next wave. We will set you a fundraising deadline of 1 month from when your project is published. Once your project is funded, you should receive the money within a couple of days.
Products are the property of the school for which they were initially fundraised for, so future students can continue to benefit.