Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did...

24
Strategic Fundraising and the Ice Bucket Challenge MND Victoria’s approach to fundraising, engagement and the Ice Bucket Challenge

Transcript of Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did...

Page 1: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Strategic Fundraising and the Ice Bucket Challenge

MND Victoria’s approach to fundraising, engagement and the Ice

Bucket Challenge

Page 2: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

MND Victoria: background 31 December 2014

• 384 people with MND registered

• 208 new, 133 deaths, worked with 540

• Three basic support services – complex case coordination (Regional Advisors), loan of disability aids and equipment, information and research

• Administration, volunteers and strategic fundraising

Page 3: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Finances - year ended 30 June 2014

• Income - $4,724,574

from – government (25%), fundraising (75%)

• Expenditure - $4,337,211

on - Service delivery (53%), aids and equipment (25%), fundraising (8%), research (10%) and administration (4%)

• Bumped up by one very large bequest

• Usual income around $3 million

Page 4: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Why fundraise?

• To support service delivery

• To ensure sustainability

• To create and deliver value-add support and services

• To support and encourage research

• To strengthen our ALS/MND community

• To generate awareness and hope

• To remain working until we are no longer needed

Page 5: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Fundraising budget

• Budget for what you know and expect

• Use historical outcomes/influences

• Adjust budget to reflect “new expected” and “new known”

• Ice bucket challenge – more later

Page 6: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish
Page 7: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Our strategy

• Multiple sources of income

• Minimal expenditure

• Coordinate, not do

• Support and guide

• Inform and report

• Nothing is too small

• Some things are too big

• Grasp opportunities and take advantage

Page 8: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Multiple sources of income

Government – purchase services for clients

Donors and donor development

Philanthropy – Trusts and Foundations

Investments – interest and dividends

Special events – run by others

F-IRE

Merchandising

Page 9: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Government

• May not be relevant to most other countries but important to us

• Government purchases services on behalf of people with disabilities

• Buy part of our complex case coordination, equipment and information

• Be aware of opportunities

• Core funding - contract

Page 10: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Donors and Donor Development

• Ask for funds – twice per year

• Parallel telephone donor campaign

• 4 page “donor update” - Mar/April and Sept – how we spent money and a soft ask

• Regular giving by credit card – monthly pledge

• Bequest program – money in Wills

• Promote unsolicited donations – funeral gifts/in memory

Page 11: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

More Donors

Acquisition

• Hardest part of donor development? Getting a donor in the first place

• Everyone who gives is a potential future donor, pledge or bequest

• Consider specific donor acquisition via mail and phone - expensive

• Value every donor – they are future income when well managed

Page 12: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

You can’t have too many Donors

Strategy

Every person who gives

• is asked to give again

• receives the Donor Update

• is informed about leaving a bequest

• is told about our F-IRE program

• encouraged to extend their engagement

Second gift indicates commitment

Page 13: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Philanthropy

Trusts and Foundations

• Project orientated

• Capacity building

• Direct investment – aids and equipment

Strategy

• Have projects and opportunities ready for discussion and presentation

• Not recurrent or core funding

Page 14: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Investments

• Funds not immediately required must be invested

• Investment with a purpose

• Best returns within legal ability/capacity

• Consider establishing a Foundation – either external or internal

Page 15: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Special Events Two types

• Public events – London Marathon, City to Bay, Walk Melbourne, ‘Round the Bay in a Day

• MND Events – to benefit our (your) organisation – F-IRE

Both have the same key attributes – run by others who hold the risk

Page 16: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Special Events - Public • Promote – social media

• Generate interest in participation

• Remind people they help us by participating

• Easy fundraising using online tools/services

• Reward with clothing to wear – singlets for runners, t-shirts for walkers, cycle tops for riders – promote our cause!

• Recognise participation

Page 17: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

F-IRE • Run and managed by volunteers

• Range of low to medium cost

• “Drink ‘T’ for MND”, “Walk to d’feet MND”, “Melbourne to the Mallee”, “Open Garden”, “sausage sizzle”, etc

• Support with insurance, hints, event plans, collateral, social media

• Remember costs – collateral, credit card, on-line services – measure and recover

Page 18: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Merchandise

• Double benefit of raising funds and awareness

• Wristbands, pins, flowers, cards, clothing, pens, dogs, celebration cards/calendars

• Don’t over invest – keep volumes low to match sales

• Close management of income and expenditure

Page 19: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Support your fundraisers

• Encourage, but don’t take over their event

• Develop and share event guides to help show the way – eg Alliance walk guide

• Collateral, promotion, social media

• Protection by authorising event, insurance, donation tax benefits

• Payment support via on line or in office

• Above all we try to MAKE IT EASY

Page 20: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Ice Bucket Challenge

Why did it work?

• It was easy, fun and a little bit crazy

• Phone to video and publish

• Communication easy via Twitter, YouTube and Facebook

• No control – do it yourself

• ALS/MND Associations promoted

• Celebrities joined the fun

Page 21: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

What did it achieve?

• Global fundraising of over $US163 million

• Over 1 Billion views on YouTube

• Significantly enhanced recognition of ALS/MND

• Huge number of new and repeat donors

• Critics created opportunity to continue to raise ALS/MND as a cause

Page 22: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Challenges of IBC

• Investing the money

• Reporting back to donors on impact

• Managing residual benefits

• What to do next > capitalise on recognition > tell our story to donors > “thanks for the money but we still need more”

Page 23: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

What is MND Victoria doing

• Have already purchased $370,000 in assistive technology

• Emailed every donor telling them how the IBC went

• Emailed them our Donor Update

• Will participate in Alliance anniversary activity in August

• Will continue to inform, ask and report on what we are doing

Page 24: Strategic Fundraising and the Ice Bucket Challenge · 2015-04-09 · Ice Bucket Challenge Why did it work? • It was easy, fun and a little bit crazy • Phone to video and publish

Take Home Messages

• Develop a fundraising strategy

• Coordinate, don’t do

• Identify multiple options to generate income

• Every person is a potential donor

• Keep people informed about what you are doing

• People don’t give if they are not asked