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Chapter and Division Sponsorship at SLA

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At SLA and other non-profits, solicitation of sponsorships is a type of fundraising. ... Tailor proposals to their needs. Understand their business. Provisos ... – PowerPoint PPT presentation

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Title: Chapter and Division Sponsorship at SLA


1
Chapter and Division Sponsorship at SLA
  • Betsy Blume, CFRE
  • Director of Fund Development
  • Special Libraries Association
  • Washington, DC
  • Presentation for LDI, June 9, 2002
  • Los Angeles, CA

2
Fundraising and Sponsorship
  • At SLA and other non-profits, solicitation of
    sponsorships is a type of fundraising.
  • All non-profit fundraising, including
    sponsorship, is regulated by the IRS.
  • SLA fundraising uses AFP standards of
    professional practice, and supports the AFP
    Donors Bill of Rights.
  • Fundraising is the art of selling someone good
    deeds.

3
Why Do People Donate Money?
  • Make a difference
  • Invest in a worthy cause
  • Share their good fortune
  • Express their beliefs in a tangible way
  • Demonstrate commitment to the community
  • Give something back
  • Join with others they know and trust

4
Why Do Corporations Buy Sponsorships (Donate
Money)?
  • SLA is a vertical market
  • Consumers place a high level of trust in
    non-profit organizations
  • Consumers prefer products marketed in association
    with a non-profit organization.
  • Corporations know it works. If they didnt see an
    increase in sales, they wouldnt do it.

5
Why Do Corporations Buy Sponsorships, Part II
  • Demonstrate commitment to the community
  • Give something back
  • Join with others they know and trust
  • Community pride
  • Sponsorships have greater credibility to
    corporations than other forms of fundraising.

6
Sponsorships Are GiftsSponsors Are Donors
  • Cultivate a relationship with your sponsors
  • Make personal visits on site or at conference
  • Correspond and make regular phone calls
  • Put them on your newsletter mailing list
  • Invite them to events and programs
  • Tailor proposals to their needs
  • Understand their business

7
Provisos
  • Product endorsements alienate competitors.
  • Product endorsements are completely taxable.
  • Inviting vendors to visibly support your chapter
    or division activities puts them in the best
    possible public relations position and the income
    is tax-exempt.

8
Get Started Who to Ask
  • Start early 18 months out
  • Most corporate budgets are set in the fall. You
    have to make your approach before the ledger is
    shut.
  • Get prospect names from other fundraisers and the
    exhibitor list from annual conference.
  • If your division or chapter seeks sponsorship for
    a program or event at annual conference, the
    sponsor must be an exhibitor.

9
Get Started How to Ask
  • Send a proposal which includes a deadline for
    response
  • Include a profile of expected attendees
  • List kinds of sponsorships available, with prices
    and a list of benefits
  • Include a variety of price ranges
  • Follow up with phone calls

10
How to Ask Tips and Reminders
  • Very large sponsorships will require a personal
    visit and on-going conversations.
  • Do your homework about the company before making
    a proposal
  • Match the sponsor with the event.
  • Be persistent, but not a nuisance.
  • Dont apologize. You are not begging for
    charity, you are giving the corporation a chance
    to cultivate a good relationship with your unit.

11
Negotiation
  • If a sponsorship is already taken, suggest an
    alternative of the same value.
  • Consider in-kind donations which can offset event
    or program expenses.
  • Consider seeking co-sponsorships if the exclusive
    is not selling. Make sure that co-sponsors are
    not business competitors.
  • Exclusive sponsorships are preferred.
  • If the answer is no, thank the prospect for
    their time and consideration.

12
They Said YES
  • Send a confirmation letter with thanks, and an
    outline of the rights and responsibilities of
    both sides.
  • Offer your sponsor VIP treatment on site with
    head table seating, introduction by the program
    moderator, photographs, etc.
  • Ask sponsor to bring additional reps to the
    event.
  • Allow sponsor to give a brief greeting.

13
Most Important of All
  • Thank your sponsor in writing after the event is
    over.
  • Do this even if youve already thanked them
    several times in writing and in person.

14
Sponsorships Are Gifts
  • The sponsorship benefits we offer do not come
    anywhere near being worth what the sponsors pay
    for them. This in turns means that most of the
    sponsorship income SLA receives from sponsorship
    is gift income, restricted to use for designated
    SLA activities. Selling a sponsorship might be
    compared to a college allowing a donor to name a
    building for whatever purpose the donor has in
    mind. Are we getting something for nothing? No.
    Sponsorship is a straightforward process of
    appealing to our vendors, who are interested in
    the success of our organization and providing
    them with incentives and opportunities for
    support. At SLA, sponsors are donors, not
    customers.

15
Keeping Your Sponsors
  • Talk to your sponsor about upcoming events they
    might be interested in sponsoring on site.
  • Stay in touch with the corporate representatives
    and offer them opportunities to participate as
    volunteers.
  • Always let them know you appreciate their
    support.
  • Dont take your sponsors for granted.

16
AFP List of Reasons That Donors Give
  • They are involved in the organization
  • Representatives from the organization really
    listen to them.
  • Emotions are stirred or heartstrings are touched
  • They are confident that contributions are used
    wisely and with care
  • They are clear about the organizations need for
    resources to accomplish their goals.

17
Reasons That Donors Give, II
  • They understand that their gift will really make
    a difference.
  • Someone they trust explains the urgency of the
    need.
  • They receive appropriate recognition.
  • They want to give back something to the
    organization.
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