Direct payout & Financial audit
We want to directly connect the laboratories to their supporters so that the funds are received without losing a percentage to institutional overhead fees. With this in mind, we still encourage the scientists to reach out to the appropriate grants/funding department at their institution prior to crowdfunding with us.
To keep with our commitment to transparency and accountability we will be carrying out random audits of labs we have funded, so we ask that all of our fund recipients keep receipts and a summary of all transactions related to the campaign.