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Welcome to the Stroud Pound website.

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How will the local currency work for local charities?

 

  • For every Stroud Pound purchased by an individual, 3% of its value is allocated to a local charitable organisation of the individual’s choice provided that it is a member of Stroud Pound Co-op Ltd.

 

  • Each participating charity or not-for-profit organisation is listed below on the website and in the Stroud Pound catalogue.

 

  • Charities or not-for-profit organisations can also buy (or be given) local currency vouchers to spend with participating traders.

 

  • Funds will be transferred to the charity on an annual basis. Anything less than £20 will be rolled over to the following year. Payments will be made in Stroud Pounds.

 

  • A 5% administrative charge up to maximum of £20 will be deducted when funds are transferred .

 

  • Charity members will not be able to redeem local currency units back into Sterling.

 

  • Charities can also register separately as traders to sell their products or services.  They will then be listed with other traders on the website and in the printed directory.  If neccessary, they can also redeem their Stroud pounds (less 5% redemption fee).

 

What are the benefits for local charities?

 

A charity or not-for-profit organisation can gain support for its own cause by encouraging its own supporters to join the local currency scheme and to nominate the charity for donations.

 

The more local currency members a charity signs up, the more potential donations it receives.  For example, if 25 supportingconsumers were to purchase £100 each per month (total £2,500/month = £30,000 / year) a charity could receive £900.

 

Participating charities/not-for-profits

 

The organisations listed below are eligible to receive donations through the scheme.  Please note that you may nominate a different organisation but, unless and until your nominated organisation formally joins the scheme, the 3% proceeds cannot be transferred.

 

Stroud Valleys Project

Transition Stroud
Biodynamic Association

Christian Community
Cotswold Care Hospice
Innishfree
Marah Trust

Global Bee Project

GREEN

 

 

FAQs Charities

Click here for charity joining form

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