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TUL 640-8 Fundraising

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TUL 640-8 Fundraising

  1. 1. Fundraising—beyond Cupcakes TUL 640—Lecture March 6,2015 Viv Grigg
  2. 2. Considerations for MATUL students: Level 1: Personal Fundraising  Next years: each of you might average $50,000 (wage to survive in the US) x 50 yrs = $2,500,000  If living by faith most people have the ability to raise (50%) of their needs  Consider being a part of a church denomination. This greatly increases that  Accomplish something well on the field in benefit of the poor. This gives you a focus and credibility.  Start cell groups and disciple when back in the US each tiem and these people will support you for the long run  NGO’s to survive need to spend 10-15% on fundraising
  3. 3. Considerations for MATUL students:  How do you support the funding of projects you want to develop? Schools, NGO’s, movements?  Build a resource base for long term sustainability…you are accountable for the gifting's God has given you.  Access foundation and business money for projects over an extended period of time.  The US $ will crash in the next few years. Brazil or China are the likely next financial resource bases in the future. For now access eh US resources. Build credibility:  Build your leadership capital= your Mana + your studies + your expereince + your wisdom + your spirituality + your location in the web of relationships of your people.  Organizational skills  Develop in character  Seek to accomplish something while in the MATUL
  4. 4. US Foundations as a tribehave connections with each other. A herd….pecking order, rituals, barriers to access, Search Databases  Foundation are well known and easy to track down  990 is the Foundation tax form which is open to public. Get familiarized with it.  Take a course in the Grants Foundation site (600$) www.foundationcenter.org  Most won’t fund buildings or overhead costs only “hands-on” projects (Businessmen will fund those or retirees who want a name)  A good start up Foundation is the “Mustard Seed Foundation” Msfdn.org  Relationship building during the completion of a grant is in important step. As you work through application call contact and build a relationship. Possibly even have him/her check the application before you submit applications.  Work towards their deadline. In your proposal, plan for the delay of funds--- meaning from the point of when you get “approval” to the point when the funds are in the “bank” may be from 1-3 months.
  5. 5. Businessmen/women Not part of Foundation network, they just show up Do not write an academic document for them. They want to make a decision quickly Successful businessmen are often deeply insecure people… Plan to counsel them…they just want friends. Call them once in a while, visit… Involve them in what you are doing Pastor them… They are interested in OUTCOMES and PROJECTS not PHILOSOPHY
  6. 6. Self Case Study-- 7 page proposal This what you keep always updated and available. Then for each proposal you pull bits and pieces from this master document. • Keep it simple, just seven pages. • Lots of white space • A pic per page • A left column with a quote or a picture. Cover Page: Catchy title ◦ Executive summary--300 words (densely written) ◦ 1st line: the focus of the project and the need ◦ 2nd line: vision and how you will meet the need ◦ 3-4th line organization description ◦ 5th line: Further description ◦ 6th line: Who will do the work/leadership ◦ Final line: xxx Amount of funding needed over yyy years for 3 outcomes ◦ Location, phone, contact person
  7. 7. Self Case Study 2nd page: Needs Page (draft a creative title) ◦ Most of the page will be white space ◦ Describe the need 3rd page: Vision ◦ Organizational Vision ◦ 1st paragraph description of vision referencing the need. ◦ Be precise—logic model inputs 4th page: Strategy ◦ Describe the steps that will be taken for project implementation 5th page: Leadership ◦ Leadership: Describe, in one paragraph each, the CEO and leaders. ◦ Include an Org Chart and staff selfies ◦ History of the Organization
  8. 8. Self Case Study 6th page: Organization financials (previous year or 3) ◦ Income and expense ◦ Demonstrate major sources of funds ◦ 5-7 expenses (better to be project specific than things like postage) ◦ Balance sheet 7th page: Org budget and Reporting System (Accountability) ◦ 3 year budget (Simple 5 lines income, 5-7 expenditure) ◦ Reporting System (Accountability) Integrity in your reporting is worth more than your success. Possible Appendices ◦ Legal NGO registration ◦ Annual Report ◦ Recommendations
  9. 9. Key Communications 1. Yearly 4 page Report with Graphics and stories 2. Brochure 3. Monthly thankyous and newsletter 4. Website 5. Blog 6. Yearly conference 7. November fundraising letter

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