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Fundraising Tips
COD Living Leadership Program
September 26, 2013
The WHY & Challenges
• How many have donated to a cause?
• Why do you give to causes?
• How many have fundraised?
• What are some challenges of fundraising?
Overview
• Traditional Fundraising
• BEYOND Bake Sales
• WAY BEYOND Bake Sales
– Online Fundraising
Myth!
Assessing Needs
• Examine where funds currently go
• Identify resources to improve the club
• Establish goals
• Brainstorm projects
• What are your estimated costs/resources?
Common Fundraisers
• Vendor Sales
– During fall and spring semester
• Bakes Sales
– Sign up for a table anytime
– Clubs can purchase supplies to make items or
members can bake and donate items for sale
• Club Grants
– Detailed info available in Student Life
BEYOND Bakes Sales
• 2 Types of Strategies
– Personal Appeals
– Special Events / Activities
Personal Appeal
• Direct request for support from individuals,
other clubs, organizations, businesses,
and corporations.
– Face-to-face
– Letter or e-mail citing your club’s webpage
– Phone
Personal Appeal
• Personal appeals are the most effective
way to raise money.
– Identify your prospects
• Make a list
– Ask your prospects
• Select your approach
• Select style of message
• Suggest level of giving
– Thank donors
Special Events / Activities
• General Event Ideas
– Parties/get-togethers with a variety of themes
– Sell something
– Store front collection
– Coupon / Voucher Fundraising
– Home-based Retail Organizations
Special Events / Activities
• Important Tips
– A successful fundraising event takes
ADVANCED planning and TEAMWORK
– Do the math. Be realistic about your
EXPENSES and your potential INCOME
– Keep your fundraiser SHORT and SWEET
General Tips
• Asking for a donation is not begging
• Have specifics on exactly where the donations will go
• Part of the process is building relationships
• Do not be afraid of the “no”
• Be pleasant about taking rejection.
• Regardless of the donation outcome, always say
“Thank You”.
WAY BEYOND Bake Sales
Online fundraising is here!
•Crowd-funding: the practice of funding a project or
venture by raising many small amounts of money
from a large number of people, typically via the
Internet.
Student Launcher
• 6 Steps to Online Student Fundraising
– Pick you weapon
– Make it tangible
– Build your story
– Tell your story
– Champion your donors
– Close the feedback loop
Pick Your Weapon
Student Launcher
Make it Tangible
• When a donor gives $, they want to know
their $ is going towards something.
• Being specific = Higher giving rates
vs
Help Support a
Local Food Bank
500 Meals for
Local Homeless
Build Your Story
• Why does your project matter?
– Describe your project, highlighting WHY
• Video or Picture
– Telling who you are
– Telling the story
– Asking for support
– Thanking everyone
Tell Your Story
• Avoid the MASS BLAST
• Divide donors into
– High Probability
– Low Probability
• Personalize Outreach
• Follow Up
• The Final Plea
Champion Your Donors
• Do it right away!
– Spread good feelings around
– Current donors will be your best marketers
– “Thank Yous” pave the way for the final plea
– … and for coming back next year!
• Use social media
Close the Feedback Loop
• After the project is completed
• Thank donors in a special way
– They will feel great!
– Secures future giving!
Questions?
Stephanie Quirk
Coordinator of Student Life
quirks@cod.edu
630-942-2243

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College of DuPage Fundraising Tips for Student Clubs

  • 1. Fundraising Tips COD Living Leadership Program September 26, 2013
  • 2. The WHY & Challenges • How many have donated to a cause? • Why do you give to causes? • How many have fundraised? • What are some challenges of fundraising?
  • 3. Overview • Traditional Fundraising • BEYOND Bake Sales • WAY BEYOND Bake Sales – Online Fundraising Myth!
  • 4. Assessing Needs • Examine where funds currently go • Identify resources to improve the club • Establish goals • Brainstorm projects • What are your estimated costs/resources?
  • 5. Common Fundraisers • Vendor Sales – During fall and spring semester • Bakes Sales – Sign up for a table anytime – Clubs can purchase supplies to make items or members can bake and donate items for sale • Club Grants – Detailed info available in Student Life
  • 6. BEYOND Bakes Sales • 2 Types of Strategies – Personal Appeals – Special Events / Activities
  • 7. Personal Appeal • Direct request for support from individuals, other clubs, organizations, businesses, and corporations. – Face-to-face – Letter or e-mail citing your club’s webpage – Phone
  • 8. Personal Appeal • Personal appeals are the most effective way to raise money. – Identify your prospects • Make a list – Ask your prospects • Select your approach • Select style of message • Suggest level of giving – Thank donors
  • 9. Special Events / Activities • General Event Ideas – Parties/get-togethers with a variety of themes – Sell something – Store front collection – Coupon / Voucher Fundraising – Home-based Retail Organizations
  • 10. Special Events / Activities • Important Tips – A successful fundraising event takes ADVANCED planning and TEAMWORK – Do the math. Be realistic about your EXPENSES and your potential INCOME – Keep your fundraiser SHORT and SWEET
  • 11. General Tips • Asking for a donation is not begging • Have specifics on exactly where the donations will go • Part of the process is building relationships • Do not be afraid of the “no” • Be pleasant about taking rejection. • Regardless of the donation outcome, always say “Thank You”.
  • 12. WAY BEYOND Bake Sales Online fundraising is here! •Crowd-funding: the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.
  • 13. Student Launcher • 6 Steps to Online Student Fundraising – Pick you weapon – Make it tangible – Build your story – Tell your story – Champion your donors – Close the feedback loop
  • 15. Make it Tangible • When a donor gives $, they want to know their $ is going towards something. • Being specific = Higher giving rates vs Help Support a Local Food Bank 500 Meals for Local Homeless
  • 16. Build Your Story • Why does your project matter? – Describe your project, highlighting WHY • Video or Picture – Telling who you are – Telling the story – Asking for support – Thanking everyone
  • 17. Tell Your Story • Avoid the MASS BLAST • Divide donors into – High Probability – Low Probability • Personalize Outreach • Follow Up • The Final Plea
  • 18. Champion Your Donors • Do it right away! – Spread good feelings around – Current donors will be your best marketers – “Thank Yous” pave the way for the final plea – … and for coming back next year! • Use social media
  • 19. Close the Feedback Loop • After the project is completed • Thank donors in a special way – They will feel great! – Secures future giving!
  • 20. Questions? Stephanie Quirk Coordinator of Student Life quirks@cod.edu 630-942-2243