how to become a fundraising hero - international bowl expo 2010

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How To Become a Fundraising Hero Making Friends and Profits for Your Bowling Center Marc A. Pitman, CFCC

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Slides from my session at the International Bowl Expo 2010 on how to position bowling centers as ideal locations for fundraising events. The first half deals with "fundraising 101" topics; the second is how to work with nonprofits.

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Page 1: How To Become a Fundraising Hero - International Bowl Expo 2010

How To Become a Fundraising Hero

Making Friends and Profits for Your Bowling Center

Marc A. Pitman, CFCC

Page 2: How To Become a Fundraising Hero - International Bowl Expo 2010

What would you do?

Page 3: How To Become a Fundraising Hero - International Bowl Expo 2010

What would you do?What do you do?

A.Charge them full price on people and rentals?

Page 4: How To Become a Fundraising Hero - International Bowl Expo 2010

What would you do?What do you do?

A.Charge them full price on people and rentals?

B.Try to capture names and contact information of participants?

Page 5: How To Become a Fundraising Hero - International Bowl Expo 2010

What would you do?What do you do?

A.Charge them full price on people and rentals?

B.Try to capture names and contact information of participants?

C.Risk it all by unilaterally changing the date?

Page 6: How To Become a Fundraising Hero - International Bowl Expo 2010

Introduction & Ground Rules– Author of Ask Without Fear!

– Decades of working with nonprofits, including running an coaching others to run fundraising events

• Rules:– Ask questions! – Remember: This is being

recorded

Page 7: How To Become a Fundraising Hero - International Bowl Expo 2010

Goals for Session: Mine & Yours

Page 8: How To Become a Fundraising Hero - International Bowl Expo 2010

Fundraising in a Nutshell

• 3 Income Needs of Nonprofits

• 1 Big Problem

• 3 Sources of Income

• 3 Ways to Raise Money

Page 9: How To Become a Fundraising Hero - International Bowl Expo 2010

3 Income Needs of Nonprofits

• Annual Fund: lights & operating

Page 10: How To Become a Fundraising Hero - International Bowl Expo 2010

• Annual Fund: lights & operating

3 Income Needs of Nonprofits

Page 11: How To Become a Fundraising Hero - International Bowl Expo 2010

3 Income Needs of Nonprofits

• Annual Fund: lights & operating• Capital Campaigns: bricks-and-mortar• Endowment: Invested funds that throw off

income

Page 12: How To Become a Fundraising Hero - International Bowl Expo 2010

1 Big Problem

• They need the money, but wait & wait & wait to ask. Then ask out of desperation.

Page 13: How To Become a Fundraising Hero - International Bowl Expo 2010

3 Income Sources

Where would you seek funds?

Page 14: How To Become a Fundraising Hero - International Bowl Expo 2010

3 Ways to Raise Money

1. Face-to-face: best (Labor intensive | High Potential)

Page 15: How To Become a Fundraising Hero - International Bowl Expo 2010

3 Ways to Raise Money

1. Face-to-face: best (Labor intensive | High Potential)

2. Direct Mail/web/email: good (Labor intensive | High Risk [1% response is “success”]

Page 16: How To Become a Fundraising Hero - International Bowl Expo 2010

3 Ways to Raise Money

1. Face-to-face: best (Labor intensive | High Potential)

2. Direct Mail/web/email: good (Labor intensive | High Risk [1% response is “success”]

3. Events: (Labor intensive | Marginal Success) [50% return is normal]

Page 17: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits of Events for Nonprofits

• Takes the edge off the ask– Lower ask amount– Easier to articulate “benefits”

Page 18: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits of Events for Nonprofits

• Takes the edge off the ask– Lower ask amount– Easier to articulate “benefits”

• Allows for wide range of volunteers

Page 19: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits of Events for Nonprofits

• Takes the edge off the ask– Lower ask amount– Easier to articulate “benefits”

• Allows for wide range of volunteers

• Creates opportunity for press coverage

Page 20: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits for Your Bowling Center

• Income

Page 21: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits for Your Bowling Center

• Income

• Relatively low maintenance

Page 22: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits for Your Bowling Center

• Income

• Relatively low maintenance

• Generates word-of-mouth advertising

Page 23: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits for Your Bowling Center

• Income

• Relatively low maintenance

• Generates word-of-mouth advertising

• Gives you access to media

Page 24: How To Become a Fundraising Hero - International Bowl Expo 2010

Benefits for Your Bowling Center

• Income

• Relatively low maintenance

• Generates word-of-mouth advertising

• Gives you access to media

• Give you the potential to look like a hero

Page 25: How To Become a Fundraising Hero - International Bowl Expo 2010

What would you do? Conclusion

Page 26: How To Become a Fundraising Hero - International Bowl Expo 2010

How to Benefit as a Bowling Center

• Be Relational

• Be Proactive

• Be Patient

• Be Generous

Page 27: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Relational

• This is about a long-term relationship, not a one-off event

• Find out what the nonprofit – Wants from the event– Hopes to do with the money– Has for scheduling needs

• Be clear on your needs & expectations– (income, fees, sponsorship, etc)

Page 28: How To Become a Fundraising Hero - International Bowl Expo 2010

An apology

• Beware: Many of my nonprofit colleagues tend to approach businesses like ATMs, thinking they’ll just get the cash/gift. I’m sorry about that.

• Honestly, many businesses come across as though the nonprofit needs them too.

Page 29: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Proactive

What is your goal?

What do you want to get out of the event? Income?Food sales?Wowing potential repeat customers?

Page 30: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Patient

• Successful fundraising events take time to grow to full potential

• You and the nonprofit need to work out the kinks

• The nonprofit will need to find out what people respond to

Page 31: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Generous

• What comes around, goes around• Don’t give away the store (the nonprofit will

want you to be in business next year! My 1000 books a day vs. a year line)

Page 32: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Generous

• Food deals– Even if merely bundles – % of sales to np cause?

• Let them know if you’re giving a discount (we aren’t mind readers)

Page 33: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Generous

• Contests– Tickets to every participant/#’s called for gifts/just

have to fill out contact info• Hats, t-shirts, logo-stuff (get’s name in community)• Free bowling (gets people back…and they bring friends)

– Corporate packages for free returns– Social media contests before• Maybe free drinks for team with most “likes” on your

FB page

Page 34: How To Become a Fundraising Hero - International Bowl Expo 2010

Be Generous

• Media– Do you know a DJ? Or advertise in some paper?

Introduce them to this cause– Include NP logo/event logo in your ad (It’ll make

you look good and help them!)

Page 35: How To Become a Fundraising Hero - International Bowl Expo 2010

Summary and Charge

• Hopefully you’ve:– learned about what nonprofits need– Seen how you can work with them to increase

your income – And seen how to do it in a way that makes you a

fundraising hero in you community!

Page 36: How To Become a Fundraising Hero - International Bowl Expo 2010

Summary and Charge

• Hopefully you’ve:– learned about what nonprofits need– Seen how you can work with them to increase

your income – And seen how to do it in a way that makes you a

fundraising hero in you community!

Page 37: How To Become a Fundraising Hero - International Bowl Expo 2010

Summary and Charge

• Hopefully you’ve:– learned about what nonprofits need– Seen how you can work with them to increase

your income – And seen how to do it in a way that makes you a

fundraising hero in you community!

Page 38: How To Become a Fundraising Hero - International Bowl Expo 2010

• Tool shop including: The Creating Donor Evangelists Program

• Give me your card for a free copy of $100,000 Guide to Email Solicitation e-course

• Free blog, articles, book reviews, and more!

[email protected]