Developing your fundraising mix

Jenny Irvine

7TH October 2014

Pride before the…

Adaptable to change..

Irvinestown Trustee

Enterprise Company Ltd

1992

Irvinestown Community Partnership

ARC LTD 2000

Irvinestown Fairs and Market

Trustees1908

Why it worked in Irvinestown.. (under the microscope)

Shared leadership commitment Learning from Mistakes Business-like approach Knowledge of and the development of

flexible, creative responses to address need

Cooperation - Building reciprocity in relationships and partnership of common interest

Luck

Share the learning or Re-invent wheels?

Create a safe(er) structure

Reduce personal Liability

Plan your Journey

Alice – Which way should I go

Cat – That depends where you’re going

Alice – I don’t know where I’m going

Cat – Then it doesn’t matter which way you go

Alice Through the Looking Glass – Lewis Carroll 1872

Collective wisdom..

Harness intelligence

Cash-flow

Vanity v’s sanity..

Store your Barley!

Seven years of plenty, seven years of famine..

The myths and realities of diversification..

Fast & Easy – its not!

Irvinestown Creating Economic, Environmental & Social Capital

Human capital – Skill mix, staff & volunteers Physical capital –

Over 50,000 sq ft of workspace

22 businesses operating from ITEC managed space

Over 200 Jobs created Financial capital

Significant income across companies

Reinvestment of revenue into social development projects

Organisational capital

Corporate Governance - controls assurance, strategic, compliance, financial accountability

Community Capital – Quality intervention

Route map to success……….

Consider all options

Ask the audience

Phone a friend – External relationships

Go 50 – 50,not many eggs, not many baskets (but more than 1)

Have confidence in your final answer

Go for broke!

I honestly think it is better to be a failure at something you love than to be a success at something you hate." --- George Burns