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classy.org Join the conversation on Twitter. Tweet @classy, @Vs_Cancer How to Turn a Passion Project into a $1M Organization February 2015

How to Turn a Passion Project Into a $1M Nonprofit Organization

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Page 1: How to Turn a Passion Project Into a $1M Nonprofit Organization

classy.org

Join the conversation on Twitter.

Tweet @classy, @Vs_Cancer

How to Turn a Passion Project into a $1M Organization February 2015

Page 2: How to Turn a Passion Project Into a $1M Nonprofit Organization

classy.org

#Classyedu

Tweet @classy, @Vs_Cancer Join the conversation.

classy.org

Page 3: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Meet your host and learn about the Vs. Cancer Foundation

Chase Jones • Founder & CEO

!  Founded in 2013

!  Dedicated to saving kids’ lives by empowering athletes and communities to fund lifesaving childhood cancer

!  $1.5M raised has helped fund 14 research trials

!  50 children’s hospitals and 40,663 kids have been impacted by vs. Cancer

Page 4: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Table of Contents

1. THE VALUE IN NONPROFIT PARTNERSHIPS

2. WHY STARTUP NONPROFITS NEED TECHNOLOGY

3. COMMUNICATION STRATEGIES

4. THE POWER OF FACE-TO-FACE INTERACTIONS

5. WHEN TO SAY NO

Page 5: How to Turn a Passion Project Into a $1M Nonprofit Organization

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The Value in Nonprofit Partnerships

Page 6: How to Turn a Passion Project Into a $1M Nonprofit Organization

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“The best tools you hope to one day build, often lie in other organizations.” Chase Jones, Founder of Vs. Cancer.

Tweet this!

Page 7: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Small NPOs Can’t Do it All

BENEFITS OF PARTNERSHIPS –

!  Operational efficiency

!  Valuable connections

!  Brand validation

classy.org

Page 8: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Vs. Cancer + The V. Foundation

Page 9: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Why Startup Nonprofits Need Technology

Page 10: How to Turn a Passion Project Into a $1M Nonprofit Organization

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“There are only so many times you can put together a Google document and accurately

keep track of your data.” Chase Jones, Founder of Vs. Cancer.

Tweet this!

Page 11: How to Turn a Passion Project Into a $1M Nonprofit Organization

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What tools does Vs. Cancer rely on?

Page 12: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Online Fundraising Platform

CLASSY ALLOWED US TO–

!  Build fundraising micro-sites for each respective team

!  Empower teams of athletes to fundraise individually

!  Accept donations through WePay

!  Send donation receipts automatically

Page 13: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Online Email Marketing

MAILCHIMP ALLOWED US TO –

!  Communicate with donors and supporters in a visually aesthetic way

!  Segment communications on a campaign level

!  Create customized emails for different groups of donors

Page 14: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Donor Management Software, CRM

SALESFORCE ALLOWED US TO -

!  Break free from Google docs

!  Record conversations with leads, donors, etc.

!  Identify when we needed to re-engage with contacts

!  Manage our overall communication strategy

Page 15: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Startup Communication Strategies

Page 16: How to Turn a Passion Project Into a $1M Nonprofit Organization

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“Startup nonprofits don’t have the same value as established ones do.” Chase Jones, Founder of Vs. Cancer.

Tweet this!

Page 17: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Make Your Story Stick

VS. CANCER’S STRATEGY –

!  Created a concrete story

!  Tied it to local communities

!  Presented in a 10 second high concept (elevator) pitch

!  Followed up with an easy way for people to take action

Page 18: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Page 19: How to Turn a Passion Project Into a $1M Nonprofit Organization

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The Power of Face-to-Face Interactions

Page 20: How to Turn a Passion Project Into a $1M Nonprofit Organization

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“When Vs. Cancer was first starting, the only thing that powered us through was the personal

relationships with board members and people in the community.” Chase Jones, Founder of Vs. Cancer. Tweet this!

Page 21: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Focus on Relationships, Not Funds

Page 22: How to Turn a Passion Project Into a $1M Nonprofit Organization

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“Vs. Cancer raises at least $1,400 more

at the events we attend and speak at versus those we do not.”

Tweet this!

Page 23: How to Turn a Passion Project Into a $1M Nonprofit Organization

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When to Say No

Page 24: How to Turn a Passion Project Into a $1M Nonprofit Organization

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“Having the power to say NO, is what helps an organization become GREAT.” Chase Jones, Founder of Vs. Cancer.

Tweet this!

Page 25: How to Turn a Passion Project Into a $1M Nonprofit Organization

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The Hedgehog Concept

INSPIRED BY JIM COLLINS’ BOOK, GOOD TO GREAT–

!  Know what your passion is

!  Know what you’re the best at

!  Know what will raise you money

Page 26: How to Turn a Passion Project Into a $1M Nonprofit Organization

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The Value in Saying No

WORDS OF ADVICE –

!  Everything you do has to be rooted in your core values and beliefs

!  Don’t agree to doing things that take time away from your target market

!  Understand that someone will disagree with you

!  Always keep pushing forward

Page 27: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Questions?

Page 28: How to Turn a Passion Project Into a $1M Nonprofit Organization

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Take your passion project to the next level.

FUNDRAISE FOR FREE

Start a campaign