SteelTree Venture Philanthropy Fund: An Innovative Approach to Self-directed Funding Presented by: Scott Tobe, SteelTree Founder & Chair Emily Richman, SteelTree Lead Staff

Engage the unengaged. Serve as entry point for future engagement. Educate SteelTree Board members about Federation’s work. Fund innovative ideas focused on Jewish Continuity.

Membership retention Goal: 100% year 1 => year 2 Actual: 80% New Annual Campaign Donors Goal: 10 over 2 years Actual: 8 (4 each year) Funding Goals Goal: Fund a minimum of 5 projects annually, 1 of which hasn’t received past Federation funding Actual (Y1): 10 total, 1 new Actual (Y2): 4 total, 1 new (to date)

Year One 15 members 4 new donors Member Donations: – A2014 = $25,902 (pre- SteelTree) – A2015 = $33,941 (year 1 as SteelTree member) Funded 10 projects for 9 different organizations Year Two 21 members (9 new members) 4 new donors New Member Donations: – A2014 = $4,736 (pre- SteelTree) – A2015 = $8,960 (year 1 as SteelTree member) Funded 4 projects for 4 different organizations, to date TOTAL GIVING OF ALL MEMBERS (Past & Present) A2013 (Pre-SteelTree) = $25,463 A2014 (Y1 SteelTree) = $32,239 A2015 (Y2 SteelTree) = $44,551

Emily Richman Scott Tobe