Everyday Money Management

The Money Carer Foundation provides a long-established and trusted appointeeship service for thousands of vulnerable adults across the UK established in 2009. 

We are completely independent and assist thousands of individuals, some with very complicated circumstances, by managing their day-to-day finances and working alongside the people who also support them such as carers, social workers and other professionals. Our independence enables us to avoid conflicts of interest when undertaking our fiduciary responsibility to act in the best interest of our clients.

We are a national social enterprise and a long-standing member of Social Enterprise UK. We have earned an excellent reputation for supporting people with different care needs using creativity and innovation every step of the way. In 2017 we were selected to represent Best Practice and Innovation in the Finance Sector of the Parliamentary Review.

An Open Door Policy

Our clients range from people with learning disabilities or individuals who may have memory problems to people who may suffer from substance misuse issues or have mental health problems. We provide unique support for some of our most vulnerable and complicated members of society.

Our referring partners range from local authorities to the NHS, private hospitals, care providers, solicitors, accountants, general practitioners, psychiatrists and age, mental health or disability-focused charities.

Read Some Of Our Case Studies Here

How We Are Funded

The Money Carer Foundation provides a comprehensive daily money management service with a transparent monthly fee structure. In many cases, the fees for our services are offset due to recognition that the service qualifies for disability disregard expenditure. We do not receive funding from any third parties whatsoever.

Individuals are also able to pay for our daily money management service directly if alternative funding is not available. We are often creative in finding funding solutions for clients and in some cases a funding split from supporting organisations or individuals may be possible.

We operate a fixed monthly fee structure for our daily money management service as follows:

  • Supporting Service Users in Community Settings - £75 PCM

  • Supporting Service Users in Nursing or Residential Home Settings - £45 PCM

Managing the everyday money management needs of vulnerable people can often be an expensive and time-consuming process for care providers, local authorities, family members or other support teams and as such providing an effective money management service can often prove to be problematic and costly for many organisations that do not have the technology or necessary experience in this area.

The appointeeship services from Money Carer provides a practical and efficient way to deliver a secure and cost-effective money management service as part of the wider care teams that supports people in need of financial assistance.

To learn more about how the Money Carer Foundation can assist you or your organisation with please call us today on 0161 791 3054 or email us at refer@moneycarer.org.uk

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