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Funding Success Strategies for Gaining Financial Support for Your Mission.

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Presentation on theme: "Funding Success Strategies for Gaining Financial Support for Your Mission."— Presentation transcript:

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2 Funding Success Strategies for Gaining Financial Support for Your Mission

3 MISSION?  Goals  Outcomes  Impact on others  Can you capture your mission in a minute?

4 The PROMISE!  Coca-Cola  Burger King  Others?

5 What Is Your Promise?

6 Why People Give?

7 Today’s Donors – What Do They Seek?  Christian Stewardship Fulfillment  Solid history of community service  Clear, supportable CASE FOR SUPPORT  Reflection of donors “heart”

8  Persuasive presentation, solicitation by trusted, credible organization volunteers & staff  Absence of pressure  Invitation to become “partner” …to share, to join

9 How People Give?

10 Donor Pyramid

11 Constituency Model

12 The RIGHTS  Right person  Right Prospect  Right $ amount  Right purpose  Right time  Right way  And … RIGHT REASONS TO MAKE THE ASK!

13 The Giving Cycle

14 Annual Giving  Direct Mail  Events

15 Special Events Criteria Who is the audience? Could you reach the audience through a different strategy or means? What will attract them? What is the event’s purpose?

16 Special Events? Purpose Possibilities Publicity “Visibility Quotient” Fundraising Cultivate or Reward Donors/Involve Volunteers

17 Is the event unique and a “go to” event? Is the price OK for market? What type of event considering resources of volunteers & staff?

18 Ladder of Effectiveness  Personal: face to face Team of two One person  Personal letter (on personal stationery) With telephone follow-up Without telephone follow-up  Personal telephone With letter follow-up Without letter follow-up

19 Gift Chart for a Giving Strategy  Select a Round Figure for Annual or “Campaign” Goal  The 1 st two gifts equal 10% of goal (5% each)  For instance…for $60,000 campaign, the 1 st level is $6,000 or two $3,000 gifts

20 Campaign Strategy  Select a Round Figure for Annual or “Campaign” Goal  The 1 st two gifts equal 10% of goal (5% each)  For instance…for $60,000 campaign, the 1 st level is $6,000 or two $3,000 gifts

21 $60,000 Campaign Gift Size# Gifts# ProspectsRange TotalCumulative $3,000 2 10 $6,000 $6,000 $1,500-2,999 4 20 $6,000$12,000 $750-1,449 12 48 $9,000$21,000 $500-749 18 72 $9,000$30,000 $250-499 24 72 $6,000$36,000 $100-249 120 360 $12,000$48,000 Under $100 400 800 $12,000$60,000

22 Planned Gift A planned gift is legally provided for during the donor’s lifetime and transferred upon death or term to charity.

23 Planned gifts  Bequests via will or living trust  Life insurance  IRAs  Charitable Gift Annuities  Charitable Remainder Trusts  And more

24 Planned Gift Significance  For the continuing “foundation” of your mission in the future  Oftentimes the largest gift a donor will make  Source of the gift may be non-liquid or reserved assets, such as property

25 Forum

26 Resources  LCMS Foundation  www.lcmsfoundation.org  Association of Lutheran Development Executives  www.alde.org  Thrivent  www.thrivent.com

27 More Resources  Books Funding Your Vision by Gerald H. Twombly Asking by Jerold Panas

28 Christian Stewardship What Drives Us? God’s Love His Mission Our Response


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