spring forward: eight months left for 2014 fundraising
TRANSCRIPT
Spring Forward: Eight Months Left For 2014 Fundraising
80% of funds should be committed If not, what are you plans? Where are you looking
Banks (CRA) Foundations Corporations
Loan Committee
2013…Where Are You?
Let’s Talk 2014…
There Is That CRA Thing Again…
Banks can receive Community Reinvestment Act (CRA) credit for supporting your WtW program Operating grant Volunteering on loan committee Teaching financial education classes Providing checking and savings accounts to
clients
Ways to Work - CRA Connection
Bank’s interest in WtW: Financial education Volunteer loan committee Exposure/visibility from any involvement
Need to be able to leverage this interest to secure key program resources: Operating grants Donated office space
Still Unclear About the WtW-CRA Connection?
You don’t need to be a CRA expert Banks understand their CRA needs What you need to know:
The opportunities for a bank to get involved with your WtW program
What the bank’s involvement will cost in terms of time and resources
What you need from the bank (grants, volunteers, office space, etc.)
Foundations
Are you engaging them How are you presenting your program Research is key Elements of a good proposal What next
From No to Yes Importance of relationship
Corporations
Vested interest in the community Good corporate citizen Marketing opportunities Volunteer Research
Research Tips for Corporations
Varied language “Corporate Responsibility” “Community Relations” “Sustainability”
Varied places Stand alone foundation Corporate giving Investor driven
Corporate Donor - Caterpillar Found under
“Sustainability” “Caterpillar
Foundation”
Corporate Donor - Caterpillar Caterpillar
Foundation – “The Brag Page”
We’re looking for “Request a Grant”
Corporate Donor - Caterpillar Launch into
questionnaire Series of yes/no
questions Serves as a
check for eligibility
Corporate Donor – A.O. Smith This time,
we’ve hidden it under “About A.O. Smith”
Corporate Donor – A.O. Smith “Foundation” –
on the right side of the page
Corporate Donor – A.O. Smith Foundation
Mission Click on
“Foundation Guidelines”
Corporate Donor – A.O. Smith Instructions for
a mail-in letter of inquiry
Engaging Your Loan Committee
They are your greatest asset How are you engaging them Strategies for your LC:
Make introductions to the potential funders Host an annual open house Recruit new members
2014…What Are Your Plans?
Engaging Your Team Internal External
What are you goals WtW Budget What is your fundraising gap Current donors – can you count on them Bringing in new donors
Tools
Grants Calendar Severson Center
http://alliance1.org/severson
Ways to Work Grant Guide New Update Summer 2013!
Outcomes Studies Business Talk – “Return on Investment”
(ROI)
Sample Grants CalendarDeadline Funder
New Funder? Ask $ Hear-Back By Funded $
Thank-You Sent
Reporting Requirements Notes
January1/18/13 MKE CNTY Child Support ServicesY 75,000$ 6/1/2013 N/A Quarterly As part of economic advancement project1/25/13 Kubly Foundation N 15,000$ 3/1/2013 15,000$ Yes Year-End Year two of competitive third year gift1/31/13 MAWIB Earn & Learn N 68,000$ 6/1/2013 N/A Project-End Provides in-kind support from summer student interns. Value=$68,000
TOTAL 158,000$ 15,000$
February
TOTAL -$ -$
March
TOTAL -$ -$
April
TOTAL -$ -$
May
TOTAL -$ -$
June
TOTAL -$ -$
Questions?
Funding Support Services
Matt MuellerPhone: (414) 359-6573Mobile: (414) 975-7527Email: [email protected]: www.linkedin.com/in/mattmuellerwtw
La VangPhone: (414) 359-6616Mobile: (414) 335-1982Email: [email protected]: www.linkedin.com/in/lavang
Peter MetzgerPhone: (414) 359-6606Email: [email protected]: http://www.linkedin.com/in/pmmetzger