Money (It's What We Want)
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Transcript of Money (It's What We Want)
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Money (It’s What We Want)#12NTCmoney
Ruth Williams, ZeroDivideAndrea Berry, IdealwareCynthia Bailie, The Foundation Center
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Money (It’s What We Want)#12NTCmoney
AGENDA•Introductions (5)•Grantmaking and Technology - Ruth Williams (10)•Fundraising and Technology - Andrea Berry (10)•Q&A (10)•Building Awareness Exercise - Cynthia Bailie (20)•Finding Funders –Cynthia Bailie (15)•Q&A (15)•Wrap up (5)
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How to persuade foundations to fund your technology needs
April 3, 2012
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Talked to funders
• Conducted a 6 month survey - 41 funders, 13 TSPs
• Learned how and why funders are – and are not –
supporting NPO’s in using tech for social
change/programmatic work
• Exec Sum: http://zerodivide.org/funder_report
or http://bit.ly/e0qgFo (that’s zero, small “o”)
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What we learned
• High funder interest; limited familiarity or expertise
• Modest investments; mostly back end
• Investment are tactical, not strategic
• Strategies for impactful tech investment are unclear
• Skeptical about tech ROI
• Better impact measurements needed
• Good News: Future $ possible, Grantees lead the
charge
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What we recommend to Funder
• Increase tech education and advising activities
• Expand their pool of investments
• Strengthen TSP infrastructure
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Recommendations to Persuade Funders
• Don’t be shy, ask for funds and other tech support
• Provide Funders with good data: modest experiment, show #’s & commitment
• Propose TA/trainings across a cohort of their grantees
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Funding Your Project
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There Are No Magical Tech Funders
Unfortunately.
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Can You Lower the Price?
Check TechSoup for discount software
Ask hardware vendors about nonprofit discounts
See if consultants offer a discount or compressed project
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Will Local Businesses Help?
• Check with local banks or partners
• Might they donate (good quality) hardware or software?
• Are there volunteers who could help you design and implement the project?
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Can You Interest Major Donors?
• Do you have donors who might fund part or all of the project?
• It’s a nice, tangible investment for the right donor
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Approach Your Current Funders
• Would they be interested in supporting their mission through tech?
• Consider including it in a larger project.
• Do they offer any capacity services or funding programs?
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Building Awareness
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Finding Funders
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Thank You!
Let’s stay in touch:
•Ruth Williams | Senior Program Officer| ZeroDivide | [email protected]
•Andrea Berry | Director of Partnerships and Learning | Idealware | [email protected]
•Cynthia Bailie | Director, Cleveland Office and Special Information Initiatives | The Foundation Center | [email protected]
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Additional Resources
“How a Small Nonprofit Made Simple Tech Tweaks and Saved
$176,000.” By William Grassie - http://bit.ly/eZMFp3
Unleashing Innovation: Using Everyday Technology to Improve Nonprofit
Services. By MAP for Nonprofits and Idealware -
http://idealware.org/reports
Grants for Information Technology - 2011 Digital Edition. By The
Foundation Center - http://foundationcenter.org/marketplace
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Evaluate This Session!Each entry is a chance to win an NTEN engraved iPad!
or Online using #12NTCmoney at www.nten.org/ntc/eval