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Making the Numbers. Nick Insley Financial Director Tavistock Repertory Guarantors Ltd. Sunstone House Our New Home 2017 -. Opening Night. Our Fundraising Sources. Litigation Investments Bequests Crowdfunding – individual giving Major donors Gifts in kind Trusts and foundations
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Making the Numbers Nick Insley Financial Director Tavistock Repertory Guarantors Ltd
Our Fundraising Sources • Litigation • Investments • Bequests • Crowdfunding– individual giving • Major donors • Gifts in kind • Trusts and foundations • Volunteering
Our path – not always replicable £30k? £10k £35k £0k £112k £372k £366k £1.8m Total ~ £2.75m
Nest-egg invested in fixed interest bonds and stock market £300k – May 2018 FTSE 100 £1.9m - November 2017
Professional fundraisers and external fundraising • Do they understand you? • What is your proposition? • Why should anyone fund your clubhouse? • What public benefit do you provide? • Is it the right time? • Do you have the resources to manage them? • Do you have the contacts? • Do you have the guts to ask?
Lots of contributions – the few large ones really matter £92,600 Donations + £19,600 Gift Aid = £112,000
Trusts and Foundations • Hard work • Need to match their criteria exactly • Very slow for funds to materialise • May come with strings
Our members provide invaluable support • Professional skills • Project management • Legal • Architectural • Design • Technical specifications • Financial • Trades • Decorating • Removals • Basic construction