15

Strategies for Diversifying Funding

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Strategies for Diversifying Funding
Page 2: Strategies for Diversifying Funding

Why? v. Why not?

Where are you

now?

Why change?

How to change?

Page 3: Strategies for Diversifying Funding

Control revenue

Reduce reliance on

single source

Utilize resources

Donor stewardship

Why? v. Why not?

Page 4: Strategies for Diversifying Funding

What does yours look like?

Lots of government $

One large Foundation?

A few good donors?

Page 5: Strategies for Diversifying Funding

Giving in America

Source: Giving USA

http://www.aafrc.org/gusa/ways.cfm

Page 6: Strategies for Diversifying Funding

Questions…….

Page 7: Strategies for Diversifying Funding

Balanced Revenue

Focus on individuals

More control over cash flow

Show donors you are

committed to stewardship

Offers many points of entry

for donors

Page 8: Strategies for Diversifying Funding

It’s a Process

Commitment

Plan

Pro-actively seek new

money

Page 9: Strategies for Diversifying Funding

Commitment

Board engagement

Annual giving

Major giving

Cultivation

Solicitation

Time/Commitment

Page 10: Strategies for Diversifying Funding

Questions…….

Page 11: Strategies for Diversifying Funding

Cultivation

Raise awareness

Communication

Events

Ask

Page 12: Strategies for Diversifying Funding

Solicitation

Annual ask

Special events

One on one

Ask others to help

Page 13: Strategies for Diversifying Funding

Keep Trying

Don’t give up

Use many channels

Engage in social

media

Page 14: Strategies for Diversifying Funding

Questions…….