being bold with your fundraising
DESCRIPTION
Hilary Burwell, National Galleries of Scotland Presentation from the Museums Galleries Scotland 'Fortune Favours the Brave' conference, September 2013.TRANSCRIPT
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Being bold with your fundraisingHilary BurwellNational Galleries of Scotland
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Objectives of session Crash course Different types of fundraising Different types of donors How to manage and be strategic with your fundraising Applying knowledge to museum scenarios Sharing experiences
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Why We’re Here
ASK THE AUDIENCE
Reduction in funding for many museums The need for money! Sustainability MGS Strategy MGS HLF Catalyst Umbrella Fund
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Fundraising is fun!
‘Development’ - does what it says on the tin
The people are interested and interesting
Takes you in directions you might not expect
Keeps you up to date and on your toes
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Different types of fundraising
SPONSORSHIP For publicity For benefits
Profile Access to audiences Hospitality Staff engagement – family workshops etc
For Corporate Social Responsibility (CSR)
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Different types of fundraising
PHILANTHROPY TRUSTS & FOUNDATIONS
Different shapes and sizes Transparent motivations Require evaluation against application Are still people
Hints and tips for applications Read the guidance Make contact Follow the rules Images images images
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Different types of fundraising
PHILANTHROPY INDIVIDUALS
Major Gifts Memberships Donation boxes Online giving Text giving Crowdsourcing Gift Aid Visitor
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Managing your fundraising Always link your FUNDRAISING STRATEGY with your
CORPORATE PLAN Use your BOARD Have a convincing VISION Invest in RESEARCH Be realistic with your TARGETS and TIMETABLE Make the ASK Manage your gifts – good DATABASE and regular meetings. Have a STEWARDSHIP plan TALK to one another Develop a TOUGH SKIN
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Managing and looking after your donors - 7 Stages of fundraising
1.IDENTIFY
2.RESEARCH
3.CULTIVATE
4.ASK5.CLOSE
6.THANK
7.STEWARD
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Managing and looking after your donors - 7 Faces of Philanthropy
Understanding giving motivations Prince & File – Seven Faces of Philanthropy
The Communitarian The Devout The Investor The Socialite The Altruist The Repayer The Dynast
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Managing and looking after your donors – The Donor Pyramid
Legacies
Bequests
Major GiftsCapital CampaignsSpecial Campaigns
Annual GivingMembership Programmes
Special Events Annual Campaigns
One-site / First Time GivingDonation Boxes Gift Aid Visitors
Volunteers Online Donations Telephone Campaign
Visitor Awareness and Quality Experience
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Managing and looking after your donors – Final Tips
Donor Recognition Thanks Keep in contact Keep a good database and USE IT Remember no-one was ever offended by being asked for
their support.
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FINAL THOUGHTS
What’s specific to Museums & Galleries?
WHAT DO WE THINK MAKES MUSEUMS & GALLERIES PARTICULARLY ATTRACTIVE TO FUNDERS?