Building Bridges with College Funding Beyond 529 Plans: Advanced College Funding Strategies
Strategies for Diversifying Funding
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Transcript of Strategies for Diversifying Funding
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Why? v. Why not?
Where are you
now?
Why change?
How to change?
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Control revenue
Reduce reliance on
single source
Utilize resources
Donor stewardship
Why? v. Why not?
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What does yours look like?
Lots of government $
One large Foundation?
A few good donors?
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Giving in America
Source: Giving USA
http://www.aafrc.org/gusa/ways.cfm
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Questions…….
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Balanced Revenue
Focus on individuals
More control over cash flow
Show donors you are
committed to stewardship
Offers many points of entry
for donors
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It’s a Process
Commitment
Plan
Pro-actively seek new
money
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Commitment
Board engagement
Annual giving
Major giving
Cultivation
Solicitation
Time/Commitment
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Questions…….
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Cultivation
Raise awareness
Communication
Events
Ask
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Solicitation
Annual ask
Special events
One on one
Ask others to help
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Keep Trying
Don’t give up
Use many channels
Engage in social
media
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Questions…….
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Thank you!
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