Presentation Title Don’t Let Potential Donors Get Away Presented by Nancy Bikson, Managing Director Chapel & York Limited.

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Presentation transcript:

Presentation Title Don’t Let Potential Donors Get Away Presented by Nancy Bikson, Managing Director Chapel & York Limited

Presentation Title WHY ARE YOU LOOKING INTERNATIONALLY ? - Do you want ‘Friends Of’ organisations to support your brand? - Do you want to establish your ‘brand’ in another country? Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title WHAT DO YOU WANT ? - Name recognition. - Feeling of localness. - Tax benefits for donors. - Tax benefits for yourself. - Money. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title WHAT CAN YOU OFFER ? - Money. - Time. - People. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title TYPES OF COUNTRIES - Tax Advantages for Giving internationally. - Funds must stay in country for tax- advantages. - No tax advantages. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title HOW DOES IT WORK ? CHOICE # 1 Use another charity in the country Advantages - Easy. - Inexpensive. - Able to partner with a like-minded organisation. Disadvantages - Loss of control. - Have to share funds. - Donors may not understand arrangement. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title HOW DOES IT WORK ? CHOICE # 2 Join a charity specifically set up to help charities outside the country Advantages - Not too expensive. - No regulatory requirements. - Take the money and run. Disadvantages - The organisation makes the rules. - The fees may be high. - No name recognition for donor. - Donor may not be willing to give to an unrelated organisation. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title HOW DOES IT WORK ? CHOICE # 3 Establish a Named Fund This is a hybrid of having your own charity and using an intermediary Advantages - Name recognition is your organisation. - No regulatory requirements to meet. - May be able to have fundraising committee with no liability. Disadvantages - Will be more expensive than choices #1 or #2. - Donors may feel uncomfortable about separate organisation. - No control. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

Presentation Title HOW DOES IT WORK ? CHOICE # 4 Establish your own charity Advantages - It is your organisation to run as you wish. - Crucial if you want to build a ‘brand’ in the country. - Donors will understand it is related only to you. - May reward donors with Board positions Disadvantages - Cost. - Time. - Regulatory requirements to be met. Don’t Let Potential Donors Get Away – Think Locally and Act Internationally

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