Effective Fundraising

Effective Fundraising
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Create a sustainable revenue model that can propel your mission-driven organization into the future  Effective Fund Raising: The Trustee's Role and Beyond  is the result of author F. Warren McFarlan’s two decades of research at Harvard Business School, along with over forty years of active social enterprise board service. This book offers a depth of knowledge and insight that will prove invaluable for trustees, donors, and others related to and responsible for the success of social enterprise. Social enterprise organizations have played a vibrant and important role in the USA for the past century. And yet, the business of fundraising has not become any easier or more elegant. In this book, you will discover how to help raise the financial resources that your organization needs to perform its good deeds.  This book focuses on the steps and strategies you need to know to secure funding to fulfill your mission. Development is the lifeblood of most social enterprises, be they large or small. You’ll also discover how to harness the energies of the right people to ensure the long-term success of your development efforts.  Learn why an effective, sustainable revenue model is critical to the success of even the most exciting mission-driven organization  Understand the core elements of the revenue model, including governance, fees, the annual fund, capital fundraising campaigns, planned gifts, and more Develop a strong plan for sustaining your organization’s revenue, regardless of organization size Build the skill of asking for money and lead your organization to a revenue and philanthropy orientation Many social enterprise CEOs spend over half of their time on fundraising. Why? Simply put: without a sustainable revenue model, even the most exciting mission-driven organization will collapse. The dirty truth is that, with no fund raising, there is no social enterprise or enduring mission. This book will help you shoulder the burden of fundraising and ensure the long-term success of your venture.

Оглавление

F. Warren McFarlan. Effective Fundraising

Table of Contents

List of Illustrations

Guide

Pages

EFFECTIVE FUNDRAISING. THE TRUSTEE’S ROLE AND BEYOND

Foreword

Preface

Note

Acknowledgments

1 Asking for Money

Three Propositions

Different Organizations and Their Needs

How to Get Started

Making the Ask

Your Role as a Solicitor

Book Organization

Exhibit 1.1: The Solicitor

Exhibit 1.2: The Connector

Notes

2 Governance

Governance Committee Composition

A Case Study

Board Recruiting and Structure

Term Limits

Trustee Career Path

Building Trustee Engagement

Donor Recognition

Multigenerational Trustees

Summary

Exhibit 2.1: Governance—Levers That Can Be Activated

Questions a trustee should ask about governance

3 The Players

The Development Director

Managing an Annual Fund

Managing Major Gift and Capital Campaign Officers

Managing Research

Supervising Operations

Stewardship

Sourcing Matching Gifts

Establishing Giving Societies

Creating Corporation/Overseer Support

Advisory Committees

Appropriately Distributing and Coordinating Development Staff

Head of Development Committee

Great Interpersonal and Listening Skills

Highly Persuasive but Sensitive

Persistence

Fearlessness

Comfortable in a Networked Environment

The CEO

Chair of the Governance Committee

Chairman of the Board

Head of Capital Campaign Committee

Summary

Questions a trustee should ask about the players

Note

4 The Annual Fund

Last Year's Target and Results

Performance Against Similar Organizations

Are There Special Opportunities This Year?

Are We Getting the Right Amount from Our Constituencies?

Is Our Budget Reasonable Given the Economy?

Annual Fund Staffing Adequacy

Stage of Development of Annual Fund

Picking the Annual Fund Chair

Logistics

Campaign Mission and Theme

Prelaunch Solicitation

Formal Launch

Tracking Asks

Persistence Is Critical

Volunteer Training

Cold-Call Telethons

Donors You Know

Initial Nonrespondents

Humans Have Habits

Donor Education

Emotional Impact

Transparency on Sources of Support

Tonality

Stewardship

Progress Measurement

Summary

Questions a trustee should ask about the annual fund. Strategic Questions

Participation Questions

Logistical/Operational Questions

Staff Support Questions

5 Capital Campaign

Campaign Feasibility

Campaign Setup

Silent Phase

Public Phase

Ending the Campaign

Conclusion

Questions a trustee should ask about a capital campaign

Note

6 Planned Giving and Foundations

Traditional Gift Approaches

Cash Gift Issues

Appreciated Stock

Bequests

Life Insurance

Major Planned Giving Tools. IRA (Individual Retirement Account)

Irrevocable Charitable Remainder Trust

Irrevocable Charitable Lead Trust

Charitable Annuity

Donor-Advised Fund

Foundations

Summary

Questions a trustee should ask about planned giving and foundations

Notes

7 Events

Board Events

Scheduled board meals are important

Board corporation/overseer events are important

Unscheduled time is important

Annual Events

Special Events

Trips

Capital Campaigns

Summary

Questions a trustee should ask about events

8 Information Support

Website

Communications

Database Management

Handheld Portable Intelligence

Changing Donor Contact

Summary

Exhibit 8.1

Questions a trustee should ask about information support

Note

9 Micro Social Enterprise Issues

Questions a CEO and trustee should ask

Note

10 What Can I Do?

Summary

Note

Bibliography

Index

WILEY END USER LICENSE AGREEMENT

Отрывок из книги

F. WARREN MCFARLAN

Foreword by Abby Falik

.....

Founder/CEO

Global Citizen Year

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