Bright Funds vs. Foundant Grant Lifecycle Manager

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bright Funds
Score 8.9 out of 10
N/A
Bright Funds, headquartered in Oakland, helps companies of all sizes multiply their impact through their eponymous corporate social responsibility platform. For nearly a decade, Bright Funds has been connecting people to purpose with their employee giving, volunteering and grants management solution.N/A
Foundant Grant Lifecycle Manager
Score 6.0 out of 10
N/A
With Foundant GLM, users can create, launch and receive online applications and grant reports, manage online proposal reviews, and manage grants and information from a single, integrated solution from anywhere they have internet access.N/A
Pricing
Bright FundsFoundant Grant Lifecycle Manager
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Bright FundsFoundant Grant Lifecycle Manager
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsThe standard cost for Bright Funds is just $2 per employee month on a monthly or annual subscription.
More Pricing Information
Community Pulse
Bright FundsFoundant Grant Lifecycle Manager
Best Alternatives
Bright FundsFoundant Grant Lifecycle Manager
Small Businesses
Submittable
Submittable
Score 8.8 out of 10
Blackbaud Grantmaking
Blackbaud Grantmaking
Score 9.0 out of 10
Medium-sized Companies
Submittable
Submittable
Score 8.8 out of 10
Submittable
Submittable
Score 8.8 out of 10
Enterprises

No answers on this topic

Workday Financial Management
Workday Financial Management
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Bright FundsFoundant Grant Lifecycle Manager
Likelihood to Recommend
9.5
(0 ratings)
3.0
(0 ratings)
User Testimonials
Bright FundsFoundant Grant Lifecycle Manager
Likelihood to Recommend
Bright Funds is the best software to me as the software helps to give philanthropy programme to the worlds. It helps the employees donations and easily done with transparent pricing process. It is simple software which is easily done by the customers. Sometimes customers support is taken longer time than necessary. But it gives the best social responsibility to the world
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This product is great and well-suited for smaller organizations who are interested in doing an online grantmaking system for the first time or upgrading from a simple survey-type application. You would love this product for basic applications and reports; [...] [its also great] if you want to do some light reporting. This is not a product that is robust enough to handle complex budgets, contact or email management, or complex outcomes metrics. It also will not work if you are trying to track your conversations with potential grantees before they apply.
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Pros
  • Low cost and transparent pricing
  • Real time Reporting
  • Automatic matching and disbursement of donations
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  • Customer Service: Foundant is always super helpful and speedy in their responses to my questions, whether it's an email or call.
  • Connections to other users: There's a great online community that's willing to share what works for their organizations.
  • Company Response/Development: Foundant is continually updating (where it needs to) to make their product the best it can be, and is willing (and does) take comments and suggestions from clients for how the software could be improved.
  • Training: A variety of training options- ranging from in person conferences to web-based tutorials. Very helpful, and updated as the product is.
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Cons
  • Can also focus on plantation at mass scale
  • Should work aggressively on Healthcare sector
  • Can knowledge the people with government facilities as many peopdont dont know what government is providing to their class
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  • I don't think about what's lacking. This is much better than our previous grants management software.
  • The landing page could have a snappier design.
  • I wish our grantees could see more than one follow-up for a process at a time. Sometimes there needs to be a project mod submitted while that is an active renewal going on.
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Alternatives Considered
Bright fund is one of the good Platform who are working in to all the sectors and their managers are very knowledgeable and they are making sure that the expenditures are utilizing in better ways and ensuring that each and evperson is getting benefited. They are different from other platforms in giving the clean financial audits
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I used GIFTS more than 10 years ago. Their development was glacial, and it was clumsy software. They took much longer to develop the on-line application process.
I also reviewed Philan Tech. They did not offer the same flexibility that Foundant's GLM did. Nor did the company have the depth of software engineering experience that Philan Tech had at the time.
Finally, I used a back-office support company for a short time that has an on-line grant management component. This option proved to be too cumbersome and too expensive. And I did not personally get along with the staff there. Definitely not a good fit for the Replogle Foundation and me.
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Return on Investment
  • Provides a satisfaction that donation is getting utilized for good cause
  • Claims the donation under income tax
  • Working in evey sector where improvements are needed
  • Working with government to achieve this in good ways
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  • This software has made it much easier to work with reviewers (panels of community volunteers who provide scores and comments for the grant applications). While we only use the Evaluator function for two of our many grant programs, the merge templates have saved a lot of time in assembling the materials to send digitally (one PDF per application) for the other grant programs. In our old database, I had to download each document from the application, convert to PDF, then combine. That was very labor intensive! In this software, I create a merge template and all the documents that I want included are automatically converted to PDF, in the order I want them. This was a big reason we moved to this software and it continues to be a fantastic feature.
  • The automatic email reminders that have been built into the software (this is one example of an excellent improvement that has been added since we got the software - showing their constant efforts to get even better) have saved a lot of time and effort. I used to set reminders on my calendar every year to write a long involved email to all the grantees for a particular grant program, to remind them to submit their grant reports. And then, if they still forgot, I had to chase them down. Now, I just set up the reports in the software and there is an automatic reminder that goes out two weeks before; if they still forget, there is an automatic reminder that goes out one day after the deadline to let them know that it's late. I still have to chase a few of them down but the majority are taken care of.
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ScreenShots