Fund Progress, Not Just Plans
Achieve greater impact with milestone-triggered giving.
Unlock enhanced data visibility and drive measurable outcomes with data-backed funding through criteria-based payments.
Why Donors Choose Impact
Real Results, Verified
Your donations deserve to create real change. With Impact, funds are released only when verified milestones are met, ensuring your giving leads to measurable outcomes. This multi-party verification process guarantees that every dollar you give creates tangible impact, allowing you to see the difference every dollar you give is making in real time
Instant Insights, Transparent Transactions
Stay connected with real-time updates on your funded projects. Our user-friendly dashboard lets you effortlessly track every milestone, view fund usage, and witness the immediate effects of your generosity—all on one intuitive platform.
Maximize Your Giving
Make every donation count with Impact’s data-driven insights. Our platform guides you in allocating resources to the most effective projects, helping you achieve the highest possible social return on investment (SROI) without disrupting the critical work of your grantees.
Empower Change Together
Impact encourages stronger collaboration between donors and service organizations. Our milestone-based payments and real-time reporting incentivize continuous improvement, ensuring lasting results that amplify your philanthropic efforts.
How it Works
1
Select organizations and projects that matter to you.
Customize your Verified Impact Fund to match your giving goals. Select causes, organizations, and projects that matter to you. Direct funds to areas like education, healthcare, or community development. Set clear objectives for meaningful outcomes.
2
Contributions are safely held in a Verified Impact Fund
Your contributions are safely held in a Verified Impact Fund. Payments are disbursed only when predefined milestones are met. Our escrow-like system ensures your donations are used as intended, adding a level of accountability that's unmatched in traditional giving.
3
Payments are disbursed when criteria is met.
Service providers are paid upon reaching clearly defined milestones. Each milestone is verified through our multi-party system. This ensures funds are tied directly to concrete progress, maximizing the impact of every dollar you donate.
4
Access a transparent dashboard of your initiatives' progress
Keep track of your projects with real-time reporting. Access a transparent overview of your initiatives' progress. Monitor fund usage and milestone completions, all through your personalized dashboard.
5
Refine your giving strategy using real-time data.
Use real-time data to refine your giving strategy. Reallocate resources or support new initiatives as needed. Continuously improve your impact by adapting to what works best.
Impact is a financial technology company and is not a bank. Banking services provided by Thread Bank, Member FDIC.
Gloo Impact's detailed reporting and milestone verification have redefined our approach to giving.
Gloo Impact has set a new standard for how we manage our philanthropic efforts. The platform’s detailed reporting and milestone verification have redefined our approach to giving, allowing us to be more strategic and effective in our donations. It’s incredibly rewarding to see the real-time progress of the projects we support, and we are more confident than ever that our contributions are driving meaningful change.
I can confidently say that Gloo Impact is a game-changer for philanthropy.
In the past, tracking the effectiveness of our donations was a challenge. However, with Gloo Impact, we now have full transparency and accountability in our giving process. The milestone-based payment system gives us peace of mind, knowing that our donations are directly linked to outcomes. I can confidently say that Gloo Impact is a game-changer for philanthropy, allowing us to support initiatives that truly make a difference.
How to get involved
Request a Demo
Request a personalized demo and see how Gloo Impact can help maximize your organization's social impact.
Request a Demo
Stay in the loop
Join our email list to get monthly updates, feature releases, new initiatives, and stories of transformation.
SubscribeFrequently Asked Questions
Is Impact a Bank?
No, Impact is a financial technology company and is not a bank. Banking services are provided by Thread Bank, Member FDIC. FDIC Insurance is available for funds on deposit through Thread Bank, Member FDIC.
What is the Impact platform?
The Impact platform is a cutting-edge philanthropy management tool designed to ensure that every dollar you donate yields measurable, tangible outcomes. Through milestone-triggered payments, multi-party verification, and real-time reporting, Impact provides complete transparency and accountability in charitable giving.
How does Impact differ from traditional donation platforms?
Unlike traditional platforms, Impact holds your donations in an escrow-like fund, releasing them only when specific, verified milestones are achieved. This approach guarantees that your contributions are used as intended, maximizing the impact of every dollar you donate and allowing you to witness real-world change.
How does the multi-party verification process work?
The multi-party verification process involves several stakeholders, including the Impact platform, service providers, and external software integrations. Each milestone must be verified by two or more parties before funds are released, ensuring that progress is genuine and your donations are tied to real, measurable outcomes.
Can I see the results of my donations?
Absolutely! With Impact, you can monitor the progress of your funded projects in real time. Our platform provides detailed reports and visual updates on milestone completions, allowing you to witness the tangible effects of your generosity.
How often is the project data updated?
Project data is updated in real time, giving you up-to-the-minute insights into how your funds are being used. You can track every step of the project’s progress directly from your personalized dashboard.
Can I adjust my funding strategy after the project has started?
Yes! Impact offers flexibility in managing your donations. You can adjust your fund allocation based on real-time outcomes, reallocate resources, or support new initiatives as needed to maximize your impact.
What are Verified Impact Funds (VIFs)?
Verified Impact Funds (VIFs) are personalized funds you create on the Impact platform. These funds hold your contributions securely and release them only when pre-set milestones are verified. VIFs allow you to tailor your philanthropic goals, choose the causes you care about, and ensure your donations are used effectively.
How are service providers paid through the Impact platform?
Service providers are paid only upon the successful verification of pre-defined milestones. This ensures that funds are used efficiently and that all parties involved are accountable for delivering real results. Each payment is tied to verified progress, giving you peace of mind that your contributions are making a difference.
What happens if a project doesn’t meet its milestones?
If a project fails to meet its milestones, the funds remain securely held in your Verified Impact Fund. You have the flexibility to reallocate these resources to other projects or initiatives that align with your goals, ensuring that your donations are always used effectively.
Can I support multiple causes and organizations through the Impact platform?
Yes, the Impact platform allows you to diversify your philanthropic efforts. You can create multiple Verified Impact Funds, each tailored to different causes, organizations, and projects. This flexibility enables you to make a broad impact across various areas of interest.
What is the fee for using this product?
The transaction fee is 3% collected from the fund after impact occurs. This fee covers the cost of utilizing Impact’s tech platform, collecting data and verifying the Impact that the fund is making. It will also provide the donor with a portal that will allow them to visualize the impact that their fund is having.
