Proof of Usefulness Report

Croda Foundation

Analysis completed on 2/6/2026

+31
Proof of Usefulness Score
You're In Business

The submission describes a legitimate charitable entity (Croda Foundation) backed by a FTSE 100 company, which provides significant real-world utility potential. However, the submission itself scores poorly as a technology project evaluation due to verifiable falsehoods in the user data ('most people have used my product'), a lack of technological innovation (standard non-profit management), and low-quality response metrics. While the organization is real and funded (~£2.5M), the entry fails to demonstrate the specific utility of a technology solution and relies on exaggerated reach claims.

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Score Breakdown

Real World Utility+16.0
Audience Reach Impact+3.0
Technical Innovation+0.75
Evidence Of Traction+6.25
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+32.25
Usefulness Multiplierx0.96
Final Score+31

Project Details

Description
Croda Foundation, established in 2020, is an independent charitable company set up by FTSE 100 specialty chemicals company, Croda International Plc. The Foundation is solely funded by generous donations from Croda International Plc and led by an independent Board of Trustees. Registered in England but with a global reach, we are working to sustainably improve one million lives by 2030. Since achieving charitable status in November 2021, we partner with selected organisations, communities and charities around the world to identify and fund projects that will have a demonstrable, meaningful impact on people’s lives. Registered with the Charity Commission for England and Wales (number: 1196455)

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline