Telephone: 01442 910135
FundStar is the trading name of Future Proof Finance Limited – Company Register Number 11459431
Please see separate document: school registration form project application for guidance about suitable FundStar projects (the ‘FundStar Guide’).
All funding payments approved by us must be used to cover costs that are directly connected to delivering the project/s that your FundStar account manager has agreed to fund from your supporters’ donations. Unless your school is able to demonstrate that the expenditure is essential for, and directly linked to, the approved project/s, funding payments must not be used to fund salary costs or contributions to overheads. You agree that FundStar shall determine conclusively whether your project complies at all times with FundStar’s funding objectives based on any written submissions you may wish to make applying the criteria below:
FundStar projects are capital projects; tangible items that have a direct benefit for students. The following projects are not suitable for FundStar fundraising:
When any of your supporters make a donation and confirm that they are a UK taxpayer in accordance with the requirements of the Gift Aid scheme, FundStar can pass this information to the school in order for the school to claim the Gift Aid.
FundStar provides this information once the school has reached the project fundraising goal and received the donation from FundStar. Your school must be registered with the Charity Commission or exempt from registration to reclaim Gift Aid. Gift Aid can be claimed up to four years after the donation was made.
FundStar will charge the School fees equal to 5% plus VAT of all Donations payable to the School. The Donations will be paid to the School within 28 days upon completion of the fundraising project net of Fundstar’s fees.
FundStar may require repayment of all of the funding payment/s (‘claw-back’) if:
For a maximum period of  years (‘retention period’) FundStar will retain the following sums (‘retained sums’):
At any time before the expiry of the retention period the you may elect in writing to apply all or part of any retained sums towards any other outstanding or new project which has been approved by us as meeting our funding objectives.
Any retained sums applied in this way will be subject to all the above terms relating to donations.
Following the expiry of the retention period any remaining retained sums shall be paid (in FundStar’s sole discretion) to such charity or charities as FundStar may consider as having charitable objectives which are the same or similar to FundStar’s funding objectives. [Such charity or charities may be a registered or exempt charity and may include any other school, college or education provider which has a project for which Fundstar is fund raising through its card programme].
FundStar agrees to comply at all times with the FundStar Guide (as updated from time to time and available on the FundStar website) in relation to the above matters and to co-operate with the School in all necessary and reasonable respects to ensure it can take the steps set out in the FundStar Guide to monitor FundStar’s compliance.