fundraising strategies for sustainability · session objectives yexplore the hbcu‐cdc...
TRANSCRIPT
Session ObjectivesExplore the HBCU‐CDC partnership’s competitive advantagesExplain the dimensions of sustainability for nonprofit organizations and partnershipsTips for Leveraging the Partnership’s ResourcesOutline next steps towards becoming a sustainable organization
2The NYMIA Group and Partec Consulting Group
Fundraising BasicsDevelop a Fundraising Goal
CDC goalPartnership Goal
Decide on realistic measures to raise fundsGenerate Individual/Corporate DonorsSeek Out GrantsSecure Loans and Other Financial Investments
Ensure all key leaders are engaged and committed to fundraising effortsDevelop and Implement A Plan of Action
3The NYMIA Group and Partec Consulting Group
5The NYMIA Group and Partec Consulting Group
What’s The Advantage?
7The NYMIA Group and Partec Consulting Group
Competitive AdvantagesEstablished Community InstitutionCDC as a liaison to the communityInternal institutional resources
StudentsFacultyStaff
Key relationships with funders and donorHigh Visibility LeadershipOthers?
8The NYMIA Group and Partec Consulting Group
10The NYMIA Group and Partec Consulting Group
How Strong Is Your Structure?Structural Dimensions:
Partnership is defined and understood by allMission, vision and purpose are clearStakeholders are clear about their roles and responsibilitiesStaff has sufficient resources and trainingOperating systems work well
11The NYMIA Group and Partec Consulting Group
What Is the Community Impact?Measurable changes in the communityResidents publicly support and acknowledge the contributions of the HBCU‐CDC partnershipThere are tangible assets developed in the communityResidents are able to shape and lead community change effortsPartnership and community are accountable to each other
12The NYMIA Group and Partec Consulting Group
13The NYMIA Group and Partec Consulting Group
Financial Resources StrategiesSubmit proposals for public and private grants and loansRaise funds through donorsSecure contracts for servicesEstablish an income generating stream
Social enterpriseHousing Production
14The NYMIA Group and Partec Consulting Group
Human Capital Resources StrategiesLeverage Local Talent
Use of student internsRecruit community residents as volunteersHBCU faculty/staff as volunteers or paid staffLoaned executives from major corporations
15The NYMIA Group and Partec Consulting Group
ImageUpdated websites acknowledging accomplishmentsCDC web link to HBCU websiteJoint community eventsJoint marketing materialEffective use of all media
16The NYMIA Group and Partec Consulting Group
17The NYMIA Group and Partec Consulting Group
What Could Be Improved?Challenges for the Partnership Possible Solutions
1.2.3.4.5.6.7.8.9.10.
1.2.3.4.5.6.7.8.9.10.
18The NYMIA Group and Partec Consulting Group
Making the CaseAssignment: Making a Fundraising Case for Supporting the Partnership
Developing a Case Statement: ExerciseInclude competitive advantages of PartnershipIntegrate dimensions of sustainability
StructureImpactResource Development
19The NYMIA Group and Partec Consulting Group
What Will You Work On When You Get Home?
20The NYMIA Group and Partec Consulting Group
Take AwaysDevelop a sustainability plan, not just a fund raising plan.Utilize all of the partnership’s assets : tangible and intangibleThe HBCU‐CDC partnership is unique. Develop and use your competitive advantages for the good of the partnership and the community.
Contact InformationRon Butler, the NYMIA Group305 754 4202917 972 [email protected]
Alyson Parham, Partec Consulting Group, Inc.708.503.40475202 Keith DriveRichton Park, IL [email protected]
22The NYMIA Group and Partec Consulting Group