Creating Corporate Relationships That Fit

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Presentation by Elizabeth Engel and Laura Feldman for the 2012 Bridge Conference. Say NO to financial support?! In association fundraising, sometimes saying no to corporate funders is as important as saying yes to new revenue. But knowing how to determine when to say No is difficult when a company is offering your organization money, free stuff or both. Expert association fundraisers from the Children's Hospitals Association will share their guidelines, processes, and criteria for vetting corporate suitors to help you get to the happily ever after of corporate partnerships.

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Creating Corporate Relationships That Fit

Laura S. Feldman, Children’s Hospital AssociationElizabeth Weaver Engel, M.A., CAE, Spark Consulting,

LLC

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Your Therapists

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CEO & Chief StrategistSpark Consulting, LLC@ewengel

Director, Corporate Alliances, Grants and Development Children’s Hospital Association@feldman1

Setting the Stage

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The Children’s Hospital Association advances child health through innovations in the quality, cost and delivery of care.

Founded 1968Over 220 member children’s hospitalsOver 20,000 active individual records

Staffing

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3%

Revenue

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5.4%

Tailored relationships with national companies

Mission driven and philanthropic

Doing good while doing well

Overview Corporate Alliances

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Child and family centered

Promote a child’s positive experience

Enhance value for Association members

Overview Corporate Alliances

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Sponsorship

Meetings

Sales to hospitals

Vendors

Our Structure

Corporate Alliances

Mission oriented

Child centered

Play and fun

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Corporation

Access

Brand image

CSR

Benefits and Value Exchange

Association

New resources

Awareness

Brand development

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Guidelines

Checklist

Potential for growth

Added value to association members

Choosing Alliances

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In-Kind Product Donation

Cash Grants

Cause Marketing Opportunities

Joint Product Development

Licensing

Types of Corporate Alliances

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Our Story

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Company looking to go national with philanthropy

Revived Foundation 2004

Introduction by Mattel Children’s Hospital/ UCLA

Mattel and Association crafted programs together

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Mattel, Inc.

Mattel – Toy Program – 7 years

Perfect fit with PLAY and JOY

Good metrics

Value to members

Value to Mattel

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Mattel – Grant Support $ Expand type and

amount of support

Work with funder on matching priorities

Next great idea?

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Mattel – Lessons Learned

Leverage Relationships

Build Trust

Ensure Good Fit

Measure Impact

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American Girl Mattel facilitated

Shine on Now Campaign (2010)

Public Relations

$300K + doll donations

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American Girl

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American Girl – Lessons Learned

Recognize Good Brand

Creative Stewardship

Grow Relationship

Be Patient

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Activision - Blizzard Facilitated by Good

360

HR/ Employee Communications

Video game donation

Employee visits in operating locations

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Activision – Lessons Learned

Manage expectations

Time commitment?

Involve corporate side

Maintain contacts

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In the beginning, there was

In 2004, we got help from

In 2006, we created guidelines, thanks to

What’s the model?

Corporate Partnerships

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Revenue Growth

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2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011.5 2012$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Annual Revenue Growth 60%

Partnership

Sponsorship

Exhibiting

Attendance

Advertising

Free options

Lead generation

Ladder of Engagement

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Q&A

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Exercise

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Leverage your relationships Build trust Be patient Manage expectations Treat it like what it is: a relationship (not a

transaction)◦ Ask for a date before you ask them to marry you◦ Has to meet the needs of both partners◦ Communication is key ◦ Don’t be afraid to pick up the phone!

Takeaways

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Don’t forget to visit the Solutions Showcase!

Many of the ideas discussed today are on display at the Solutions

Showcase!

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Laura S. FeldmanDirector, Corporate Alliances, Grants & DevelopmentChildren’s Hospital Association

e: lfeldman@nachri.org t: feldman1p: 703.797.6015

Keep in touch!

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Elizabeth Weaver Engel, M.A., CAECEO & Chief StrategistSpark Consulting, LLC

e: ewengel@getmespark.com w: getmespark.com t: @ewengelli: www.linkedin.com/in/ewengel p: 202.468.3478