Q2 Impact Report

est. WELLBYs* for Q2

*Bloom takes a unique approach to philanthropic impact. For our impact measurements we use a measure of self-reported wellbeing, a wellbeing life year, or WELLBY, which is a 1-point increase in life satisfaction on a 0-10 scale for one year. This metric allows us to provide you with cost-effectiveness calculations for what we think ultimately matters: wellbeing.

EXECUTIVE SUMMARY


Peter Brietbart

Fund Manager

Lily Yu

Fund Manager

NEW GrantEEs


Grantee

Friendship Bench is a non-profit organisation that provides treatment for common mental health disorders such as anxiety and depression with problem-solving therapy (PST), primarily in Zimbabwe. Friendship Bench’s standard programme consists of six sessions of individual PST delivered by trained community health workers.

Grant

This grant will help Friendship Bench to expand its operations, bridging a critical gap in Zimbabwe’s healthcare system. The funding will support its efforts to reach new communities, strengthen existing processes and partnerships, and integrate its model within government.

Dixon Chibanda

CEO


Total WELLBYs for the grant: 7,883

*HLI estimation

Grantee

StrongMinds is a US charity that provides group interpersonal psychotherapy (g-IPT) for treating depression, focusing primarily on women in Uganda and Zambia. As of 2024, StrongMinds delivers its programme through six sessions of g-IPT delivered by trained community health workers. Alongside Friendship Bench, they are pioneers in scaling mental health services across Sub-Saharan Africa.

Grant

This grant will help StrongMinds to scale its programmes and expand essential mental health treatment across Sub-Saharan Africa. In particular, the funding will help support StrongMinds in reaching new communities, strengthening existing processes and evidence, and integrating its model within government frameworks.

Sean Mayberry

CEO


Total WELLBYs for the grant: 4,684

GRANTEE UPDATES




After an unexpected FDA Advisory Committee decision on MDMA-Assisted Therapy (MDMA-AT) as a treatment for PTSD, Healing Breakthrough has worked with Psychedelic Science Funders and other partners to launch media and fundraising campaigns to aid public education around the evidence of MDMA-AT. The team have since raised $650,000 from over twenty new donors indicating strong support for the project from funders.



A surprise snap UK election lead to WWM pivoting their strategy to leverage national media opportunities to place wellbeing at the centre of public policy discussions. Also this quarter, WWM was awarded charity status by the charity commission for England and Wales, opening up new funding opportunities.




Dr Prati’s research project is due to start in Q3 2024.

Wellbeing ecosystem building & development