Seeking Funding for CommunityUniversity Partnerships

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Seeking Funding for Community-University
Partnerships

• Mrs Sam DaviesDirector of Development
  AlumniThursday 2nd April
• Cupp Conference II

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The view from the UK bridge

• Fundraising in the UK higher education context
  currently faces
• A huge opportunity
• A growing trend
• And a new challenge

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A huge opportunity!

• Help us solve the formula!

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The huge opportunity

• The Government Matched Funding Scheme
• Eligible gifts to participating institutions will
  be matched through a fund of 200million.
• Institutions will receive matched funding
  according to their place in one of 3 tiers.
• Scheme started on 1st August 2008 and will run
  until 31st July 2011.
• Intention is to create a culture of giving to
  universities and to increase participation of
  alumni and friends.

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The huge opportunity Govt Matched Funding

• The cap level for tier 1 is 200,000.
• The cap level for tier 2 is 1,350,000.
• The cap level for tier 3 is 2,750,000

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The huge opportunity Govt Matched Funding

• What donations count under this scheme?
• Eligible gifts are donations of cash or shares
  which are given voluntarily with philanthropic
  intent for the benefit of the institution. After
  receipt, the institution must own the donation in
  full, and any work, project or intellectual
  property that results. There must be no
  contractual conditions attached to the donation.

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The huge opportunity Govt Matched Funding

• What donations count under this scheme?
• A donor can request that a specific area should
  benefit from their donation (for example,
  research, a school or faculty), but this cannot
  become a condition of the donation. The
  institution may report informally on the use or
  impact of their donation as appropriate, but the
  donor may not retain any explicit or implicit
  control over it. Neither can the donation benefit
  the donor - the donor should not receive
  exclusive information or rights, promotion or
  sponsorship (indirectly or requested),
  preferential consultancy arrangements, or any
  other forms of financial benefit.

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How can this huge opportunity can help you?

• Universities will be looking for ways to ensure
  they can maximise the match on offer.
• They might be on the lookout for new partners and
  new projects.
• Access to new potential donor/volunteer
  audiences, e.g. alumni and friends of
  institutions.
• Tell institutions that you know about the scheme
  and want to help them to promote the scheme.

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A growing trend

• Social Entrepreneurship

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The growing trend Social Entrepreneurship

• Social entrepreneurship is the work of a social
  entrepreneur. A social entrepreneur is someone
  who recognises a social problem and uses
  entrepreneurial principles to organise, create,
  and manage a venture to make social change.
• Whereas a business entrepreneur typically
  measures performance in profit and return, a
  social entrepreneur assesses success in terms of
  the impact s/he has on society. While social
  entrepreneurs often work through nonprofits and
  citizen groups, many work in the private and
  governmental sectors.

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The growing trend Social Entrepreneurship

• The terms social entrepreneur and social
  entrepreneurship came into widespread use in the
  80s and 90s.
• The non-profit organisation Ashoka Innovators
  for the Public was founded in 1981 by Bill
  Drayton in support of social entrepreneurship.
• From the Ashoka home page (www.ashoka.org)
• Over the past two decades, the citizen sector
  has discovered what the business sector learned
  long ago There is nothing as powerful as a new
  idea in the hands of a first-class entrepreneur.

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The growing trend Social Entrepreneurship

• This new type of philanthropist seeks close
  involvement in projects and possess the desire to
  fully understand the activity they support.
• They apply the same criteria to a charitable
  donation as they would to a business investment.
  They take the view that they are not just going
  to write a cheque and forget about it. They want
  to know for certain that their money is working
  hard.
• Quote from Arpad Busson, the driving force behind
  ARK, (Absolute Return for Kids)
• We wanted to apply our business experience to
  philanthropy, to measure rigorously the outcomes
  of our work, and to be accountable to our
  supporters about how their money is used. We also
  set out to get the best management teams to
  deliver excellent projects for children.

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How can this growing trend can help you?

• Engaged partners as opposed to benevolent distant
  supporters.
• Wealth of expertise, knowledge, contacts become
  accessible.
• More of a business approach in support of social
  goals.
• Social entrepreneurs may already be associated
  with their universities.

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A new challenge

• Satisfying public benefit rules

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The new challenge Public Benefit

• Under the Charities Act 2006, all charities must
  demonstrate that they are established for public
  benefit.
• Public benefit is the legal requirement that
  every organisation set up for one or more
  charitable aims must be able to demonstrate that
  its aims are for the public benefit if it is to
  be recognised, and registered, as a charity in
  England and Wales.
• Charities have a kind of covenant with society
  charities bring public benefit and, in their
  turn, are accorded high levels of trust and
  confidence and the benefits of charitable status.
• Benefits are considerable significant tax
  advantages, access to specific funds, time and
  money from volunteers and donors, etc

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The new challenge Public Benefit

• Being a charity is no longer the same as being an
  organisation that does good things
• Charities need to be able to demonstrate the
  public benefit they provide and trustees must
  report on the same.
• Although exempt charities, universities must
  still be able to satisfy the public benefit rules
  and report on the same.
• Universities may need to look outside their
  immediate environment to seek projects which
  assist them in satisfying the public benefit
  rules.

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How can this new challenge can help you?

• Community engagement will assist universities in
  satisfying the public benefit rules.
• More opportunities for interaction and
  collaboration may arise as a result.
• Chance to open up horizons for unenlightened
  institutions?
• Links with universities could increase your
  profile.
• You can make approaches to universities armed
  with knowledge of public benefit rules.

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In conclusion

• Be aware of what faces the university fundraising
  sector at present and be proactive in making
  contact.
• Take advantage of the moment and opportunities,
  trends and challenges ahead!
• ANY QUESTIONS?