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Finding the Funding

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Remember Mom's Rule: Treat others as you wish to be treated ... Family, friends, former staff etc, neighbors (secondary circle) ... – PowerPoint PPT presentation

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Title: Finding the Funding


1
Finding the Funding
JEAN CAMPBELL Vice President of
Development National Organization for Rare
Disorders
2
Finding the Funding
JEAN CAMPBELL
Before embarking on this search there are a few
planning steps to take..
  • Fundraising Questions to Ponder
  • Why do we need to raise the money?
  • How do we go about raising the money?
  • Where do we go to raise the money?

3
Finding the Funding
JEAN CAMPBELL
  • Why do we need to raise the money?
  • Believe in the mission of the organization
  • Connect the donor to the cause
  • Provide necessary programs and services
  • Promote research, treatments, etc
  • Keep the electricity and phones running

4
Finding the Funding
JEAN CAMPBELL
  • How do we go about raising the money?
  • Map out a plan
  • Great minds come up with great ideas
  • Be creative, innovative
  • Think about your target audience
  • In a pinch utilize the Andy Hardy principle!

5
Finding the Funding
JEAN CAMPBELL
  • Where do we go to raise the money?
  • People interested in your cause
  • Corporations that might have a connection to your
    cause
  • Educated general public
  • Anyone who is willing to listen to you!

6
Finding the Funding
JEAN CAMPBELL
  • Mapping Your Plan
  • Give serious thought to what you want to achieve
  • Be realistic
  • Chose the venues of fundraising that will work
    best for your group
  • Decide who are your potential donors and where
    you can find them
  • Think it out thoroughlyapproach staffing
    volunteers materials budget time energy
    publicity. Plan it from soup to nuts!
  • Designate responsibilitiesdont be a martyr
  • Communicate with your donors and sponsors
    throughout the process
  • Keep good records and evaluate how the program
    worked
  • Dont forget to say thank you.

7
Finding the Funding
JEAN CAMPBELL
  • Setting Your Sights on Finding the Donors!
  • Who is going to give to my organization?
  • Individuals are the most philanthropically minded
    sources of revenue for charities.
  • Corporations have created various giving policies
    to accommodate their mission and commitment to
    charities.
  • Private, Community and Family Foundations are
    established to support a specific area of
    interest or to extend support to a promising
    charitable program
  • Surveys generally indicate that non profits
    receive funds from the following sources
  • 39 from Individuals (e.g. dues, fees)
  • 31 from government sources
  • 18 from private sources (corporations,
    foundations)
  • 7 from other sources
  • 5 from endowments or interest earned

8
Finding the Funding
JEAN CAMPBELL
  • One person tells another person
  • who tells another person..
  • Everyone has their own reasons for making a
    charitable donation
  • Makes them feel good---improving the lives of
    others
  • Its personalhas a connection to the cause
  • Admires the work that the charity provides to the
    community
  • They are a volunteer or on the board of directors
  • Like to be patted on the back!
  • Looks good on their resume
  • Doing it to please others
  • Needs that tax deduction
  • They have been asked!

9
Finding the Funding
JEAN CAMPBELL
  • Profiling and Prospecting Individual Donors
  • So who are these people and
  • how do we meet and keep them?
  • There is no such thing as a one size fits all
    donor
  • There is a getting to know you process
  • Its all about cultivation making the
    connection doing your homework
  • Recognize their interests keep them in the loop
    communication
  • Respect their opinions and privacy!
  • Do a bit of googling. Reading newspapers,
    magazines
  • Remember Moms Rule Treat others as you wish to
    be treated
  • Always say thank you even if they say no

10
Finding the Funding
JEAN CAMPBELL
How Do Individuals Donate? General Contributions
direct mail solicitations, memorial/in honor
gifts, end of the year solicitations just
because giving, manna from heaven Membership
Dues individual, family, professional,
corporate Employer Matching Gift Programdollar
for dollar on your gift Capital Campaign
building funds research endowments Workplace
Campaigns United Way, Americas Charities, ICA
either as a signed on charity or a donors choice
write in Planned Giving bequests, stocks,
advised funds Special Events auctions, dinners,
dances, walkathons Social Events car washes,
college activities, bake sales, health fairs,
a-thons On-Line Giving Auctions pledges, on
line charity malls, shopping sites Cause Related
Activities jewelry, apparel, accessories,
beauty products, home goods
11
Finding the Funding
JEAN CAMPBELL
  • Where Are These Donors?
  • They are closer than you think!
  • Board members, staff, volunteers, clients,
    members (inner circle)
  • Family, friends, former staff etc, neighbors
    (secondary circle)
  • Former clients, friends of the above (circle
    widens)
  • Working associates of any the above
  • Supporters of related organizations
  • Residents in your community
  • Healthcare professionals dealing with clients
  • Fraternal organizations, Civic groups,
    Educational institutions
  • Anyone who will listen to your story
  • And then theres you!

12
Finding the Funding
JEAN CAMPBELL
  • Maintaining an Individual Database
  • Keeping up with the Jones, Smiths, Campbells,
    etc.
  • After identifying donors, keep track of them!
  • Create an uncomplicated database to capture
    personal and giving history of your donor
  • Databases can be created for your group or
    purchased from a software company
  • Keep on the lookout for additional people to add
    to your list
  • Your donor database can be the financial
    foundation of your organizationrespect your
    clients and their privacy

13
Finding the Funding
JEAN CAMPBELL
  • Corporations Making the Connection
  • Looking for that win-win scenario
  • Many companies have corporate giving programs or
    divisions with specific guidelines. Some even
    have foundations!
  • Visiting a companys website is a must do prior
    to making any type of ask
  • Find the common thread that will tie your
    organizations work to the companys mission
  • Build contacts that will help open the door
    board members, clients, family, friends,
  • Become visible within your community offer to be
    on a community Speakers Bureau for civic and
    business organizations e.g Chamber of Commerce,
    Rotary
  • Connect your organization to a company based on
    product development, use, and research
  • Ask individuals on your database to utilize their
    employers workplace giving and matching gift
    programs. Then thank the company for providing
    these valuable services

14
Finding the Funding
JEAN CAMPBELL
  • Building a Corporate Relationship
  • Corporate giving programs and company-sponsored
    foundations often are created to improve the
    lives of their communities where their employees
    live and work.
  • Do your homework to establish if your group fits
    a companys criteria
  • Pick up the phone and speak to a company
    representative about eligibility
  • Introduce your organization to the company by
    mail, email
  • Find the one or two things that you can offer a
    company that no one else can!
  • If you have a current relationship with a
    company, dont take it for granted
  • Remember that companies have lean years just like
    yoube understanding!
  • Keep them on your mailing list even if they have
    turned you down
  • Employees come and go, so keep apprised of staff
    changes within a company
  • If a companys employees volunteer for you, tell
    them how much you appreciate their staffs time
    and loyalty
  • Dont compromise your organizations ethics for
    the sake of a donation

15
Finding the Funding
JEAN CAMPBELL
  • Searching for Foundations
  • Foundations are in the business of giving away
    money!
  • Once again there is a need to do your homework
  • Find the connection between your group and the
    giving preferences of the foundation
  • Be specific in your requestdont ramble
  • Family, public, community, government and
    corporate foundations look to support worthy
    causes
  • Research is the key-cast your nets then scale the
    list down to a manageable number (remember to be
    realistic!)
  • Take the challenge to write your own or hire a
    grant writer
  • Utilize the various grant resources e.g. The
    Foundation Center to assist with the search for
    suitable foundations
  • Communication is imperative. Always follow up
    with a letter of thanks!

16
Finding the Funding
JEAN CAMPBELL
  • Getting the Word Out
  • Raising Awareness Goes Hand in Hand with Raising
    Funds
  • Telling your story educates the public
  • Design PR pieces (brochures, logos) to distribute
  • Publish a newsletter
  • Design a website keep it updated make it easy
    to navigate
  • Cultivate media contacts locally and nationally
  • Seek a board member with PR experience or hire a
    consultant to help
  • Ask a local Universitys Marketing Department to
    adopt your cause as a project
  • Write letters to the Editor of newspapers that
    carry articles related to your cause
  • Put media contacts on your mailing list keep
    them apprised of your activities
  • Invite potential contacts to visit your office to
    see what it is you do
  • Get on Calendar Lists, Month lists
  • Attend Medical Meetings related to your cause
  • Ask your members to spread the word by sharing
    their stories
  • Create Public Service Announcements (PSAs) print
    ads
  • Send out Press Releases announcing breaking news
    or accomplishments
  • Once people know you and what you do, they will
    be more willing to give.

17
Finding the Funding
JEAN CAMPBELL
  • Summary 10 Helpful Fundraising Suggestions
  • Dont be afraid to ask
  • Practice asking on the people that you know
  • Share your story with whomever will listen, in
    direct mail letters, with the media
  • Brag about your organization and how you do good
    things!
  • Keep your asking simple and to the pointthat old
    KISS method
  • Do your research
  • Find who will make a good donor
  • Build your donor base. Ask your donors to help
    you spread the word if they like you they wont
    mind
  • Dont get too wordy Make it easy for a donor to
    give you a donation
  • Keep your donor database up to date
  • and never forget to say Thank You!

18
Finding the Funding
JEAN CAMPBELL
  • RESOURCES
  • Grants
  • The Foundation Center www.fdncenter.org
  • AAFRC Trust for Philanthropy www.aafrc.org
  • Association of Fundraising Professionals
    www.afpnet.org
  • The Grantsmanship Center www.tgci.com
  • Government Grants www.grants.gov
  • Guidestar www.guidestar.org
  • Council on Foundations www.cof.org
  • GrantSmart www.grantsmart.org
  • CD Publications www.cdpublications.com
  • Abes Email Reports www.abespg.com

19
Finding the Funding
JEAN CAMPBELL
  • RESOURCES (more)
  • Grants
  • Philanthropy Journal www.philanthropyjournal.org
  • Philanthropy News Digest www.foundationcenter.org
  • Federal Assistance Monitor www.cdpublications.com
  • Federal Research in Progress www.ntis.gov
  • Periodicals
  • Chronicle of Philanthropy (72 for 24 issues)
    www.philanthropy.com complimentary issue by
    calling 800-347-6969
  • The Non-Profit Times free to qualifying
    organizations www.nptimes.com

20
Finding the Funding
JEAN CAMPBELL
  • RESOURCES (more)
  • Periodicals (contd)
  • Contributions Magazine 6 issues 40
    www.contributionsmagazine.com
  • Successful Fundraising Newsletter 12 issues 149
    www.stevensoninc.com
  • Other
  • Pro Bono Partnership www.probonopartner.org
  • www.ephilanthropy.com
  • www.charitychannel.com
  • DonorSpeak www.campbellrinker.com

21
Finding the Funding
JEAN CAMPBELL
  • RESOURCES (more)
  • Other (contd)
  • BBB Wise Giving Alliance www.give.org
  • Charity Navigator www.charitynavigator.org
  • Venture Philanthropy Partners www.venturephilanthr
    opypartners.org
  • www.futureofphilanthrophy.com Designed for
    donors gives insight into what charities they
    like and why
  • Corporate
  • Corporate Giving Directory published by Taft
    Group gives a state by state listing of
    corporate givers
  • Whos Who in America published by Macmillian
    Directory Division
  • The Social Register published by the Social
    Register Association

22
Finding the Funding
JEAN CAMPBELL
  • RESOURCES (more)
  • Technology For good ideas on internet
    philanthropy
  • www.heifer.org www.groundspring.org
  • www.ephilanthropy.org
  • www.beaconfire.com
  • Workforce Assistance with staffing
  • www.brookings.edu
  • www.compasspoint.org
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