Fundraising in a Challenging Economy

Post on 24-May-2015

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Transcript of Fundraising in a Challenging Economy

Andrea Snyder(410)396-5320

grc@prattlibrary.orgTwitter: grants_pratt

How Can You Use the

Grants Collection?

How to position your organization for fundraising to survive and thrive in the current economic climate

How to adapt your fundraising approaches to the current environment

Additional considerations to assist your organization to succeed

Helpful resources

http://www.flickr.com/photos/estebando/3696424041/in/pool-stimulus2008

Positioning for Fundraising Success

in the Current Economic Climate

•http://flickr.com/photos/jeffhester/2434283985/

Mission

Core Services & Programs

Board of Directors

Keep

Fundraising

Raising Funds in a Challenging Economy

Currently give or have given. May be ready to increase donation.

Have never given but have personal relationship with organization.

Have similar interests but no personal connection.

Creating

Prospect Lists

Porticohttp://indorgs.virginia.edu/portico/

APRA

http://www.aprahome.org/researchlinks/index.html

David Lamb’s Prospect Research Pagehttp://www.lambresearch.com/index.html

Stay in touch

Communicate the challenges as well as what you are doing to mitigate them

Emphasize the results

Ensure financial transparency

Build on/enhance donor relationships

•http://flickr.com/photos/wonderlane/2362777515/

Current environment

Most foundations lost 20–30% of their assets

Giving is likely to continue to decline next year

How foundations respond will vary

Finding Funders (Foundation Center)http://foundationcenter.org/funders

Guidestarwww.guidestar.org

Google

The News

•http://flickr.com/photos/pbo31/2403049863

Seek out any and all contacts at corporations

Ask for “in-kind” gifts

Explore corporate volunteer programs

Emphasize how giving to you benefits the corporation and its customers

Budget shortfalls have led to funding declines

Stay abreast of pending legislation

Keep an eye on opportunities under the Stimulus package

For more information: http://maps.foundationcenter.org/economic_crisis/stimulus/

Federal (U.S.) governmentwww.grants.gov

State (Maryland) government

Governor’s Grants Officehttp://www.gov.state.md.us/grants.html

Maryland Red Bookhttp://www.mdredbookonline.com

Other ideas….

•http://www.flickr.com/photos/johnspooner/2199685678/

•http://www.flickr.com/photos/mrtea/2114891329/

•http://flickr.com/photos/poppywright/266201478/

Andrea Snyder

(410)396-5320grc@prattlibrary.orgTwitter: grants_pratt