How to double your number of known legators in 12 months andrew gilruth - gwct

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Double your number of known legators in 12 months? IoF Legacy Fundraising Conference Brunei Gallery Monday 1 st October Andrew Gilruth

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Transcript of How to double your number of known legators in 12 months andrew gilruth - gwct

Page 1: How to double your number of known legators in 12 months   andrew gilruth - gwct

Double your number of known legators in

12 months?IoF Legacy Fundraising ConferenceBrunei GalleryMonday 1st OctoberAndrew Gilruth

Page 2: How to double your number of known legators in 12 months   andrew gilruth - gwct
Page 3: How to double your number of known legators in 12 months   andrew gilruth - gwct
Page 4: How to double your number of known legators in 12 months   andrew gilruth - gwct
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GWCT legacy information 1994-2009• 1994-2009 income total = £436,587• Average over 16 years = £27,286

• Equates to 1% of our income

• 40 Potential legators (Average 2.5 per year)

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Could we do better?

1) Already tried everything, we are doing okay

2) Anything else we did would cost a lot of money

3) Our members don’t leave legacies to us

4) Most of our members are men that, survived by their wives. They don’t leave us legacies

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Page 12: How to double your number of known legators in 12 months   andrew gilruth - gwct
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Prospective model

• No. in target age range (60-75)6,000

• % “declared supporters” to DM0.75%

• No. “declared responders” to DM 45• No “declared responders” to ad 5• No. “undeclared” to “declared” x

1.5• No “undeclared responders” 75

• Total number of legators after year 1125

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Prospective income

• Total number of legators 125

• Average legacy £15,000

• Total potential income £1,875,000

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Proposed costs

• Strategy and legacy proposition£6,000

• Creative, artwork and printing £9,000

• Fulfilment & Postage£5,625

• Total Cost £20,625

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First year results – declared responders• Target response = 50 declared

(plus undeclared, total potential = £1,875,000)

• Actual result = 237 declared(plus undeclared, total potential = £8,887,500)

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Could we do better?

1) Already tried everything, we are doing okay

2) Anything else we did would cost a lot of money

3) Our members don’t leave legacies to us

4) Most of our members are men that are survived by their wives. They don’t leave us legacies

Page 20: How to double your number of known legators in 12 months   andrew gilruth - gwct
Page 21: How to double your number of known legators in 12 months   andrew gilruth - gwct