> This is the Markdown of a Backed Help Centre page, https://admin.backed.giving/help/administrator/outcomes/co-funders.md. Every page is listed at https://admin.backed.giving/help/llms.txt.

> This page uses Backed's default terms, such as Funding Round and Application Template. An organisation may rename them, so read each as your organisation's own term if you've renamed it.

A co-funder is an organisation that funds projects alongside yours. It reads a quarter only once the
Epic's Captain releases that quarter to it, and then only the projects recorded against it. Backed
sends a co-funder nothing: releasing makes the material readable, and you tell them yourself. This
appears only when it is turned on for your organisation.

The same register is used to co-fund grants: you can pledge a co-funder to a round and give it a
share of an application. See [Co-funders on grants and rounds](../funds/co-funders-on-grants.md).

## Record a co-funder

1. Go to `People > Co-funders` and select `Add a co-funder`.
2. Enter its `Name`, as the organisation names itself, and the `Contact name` and `Contact email` a
   pack is addressed to. Select `Save co-funder`.
3. Select `Choose projects` and pick the projects it co-funds.
4. Select `Who speaks for it` to give its people access, or invite a co-funder user from
   `People > Reporting access`.

`Retire` a co-funder that no longer co-funds anything. Its history is kept as it was, and nobody new
can be given access to it.

## Release a quarter

Open the quarter's report and select `Co-funder packs`. A pack is one co-funder's read of the
quarter: only the projects it co-funds, without any answer a partner asked to keep internal, and
without the Captain's own judgement. Once the quarter is finalised, select the release button
beside the co-funder, which names it. Select `Download the pack` for a copy to send them.

## What a co-funder sees

A co-funder signs in to the portal and sees `Your co-funded projects`: the quarters released to it,
and for each project the status, outputs and outcomes its partner reported, in the partner's own
words and figures.

Every quarter a co-funder opens is recorded, because the reader is outside your organisation. The
`What has been read` tab on `People > Co-funders` lists those reads. The co-funder cannot see it.

## See also

- [Captain's report](captains-report.md)
- [Reporting access and acting captains](reporting-access-and-acting-captains.md)
- [Co-funders on grants and rounds](../funds/co-funders-on-grants.md)