Grant Compass A/S

In 2021 Grant Compass became the leading digital platform for foundations 2021 was a breakthrough year for Grant Compass. We launched the asset management solution that we have been working on for more than a year along with a range of product improvements to our digital platform. But what makes us most proud is our high customer satisfaction score and the fact that the vast majority of foundations in Denmark chose Grant Compass when they digitize. Becoming the leading digital platform for foundations is core to our mission of helping foundations donate more to their purposes. In collaboration with Nykredit, we launched an asset management solution Historical low interest rates have been hard on small foundations, and many have been forced to reduce their donations. In collaboration with Nykredit, we launched a low-cost asset management solution tailored to the particular needs of small and medium-sized philanthropic foundations. On average our customers see savings of 25-50% on asset management costs which helps them donate more to their purposes. Asset management was the final piece in the puzzle for our product vision of an all-in-one platform for running a foundation. Grant Compass was asked to advise the government's Foundation committee The Danish government has set up a committee (Fondsudvalget) tasked with making the first major revision of the foundation law since 1985. Grant Compass' founder, David Dencker, was asked to be part of the expert group that advises the committee. To provide further insights for the committee, Grant Compass conducted a large-scale study in collaboration with the Foundation Knowledge Center (Fondenes Videnscenter), where more than 600 small and medium-sized foundations contributed with answers regarding their practices and challenges. We have made Grant Compass free for the smallest foundations Many small foundations cannot afford to digitize, but increasing costs for manual workflows and compliance have reduced their donations. As part of our purpose of helping foundations donate more to their purpose, Grant Compass now gives our digital foundation management platform free of charge to foundations that donate less than DKK 100,000 per year.