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Strive Conference, September, 2012

Money Matter$: Building a Funders Collaborative. Strive Conference, September, 2012. Money Matter$. Planning is only as good as its implementation! Investing in plan implementation is critical to success! Without the resources your projects may not succeed. Our goal is to share

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Strive Conference, September, 2012

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  1. Money Matter$:Building a Funders Collaborative Strive Conference,September, 2012

  2. Money Matter$ • Planning is only as good as its implementation! • Investing in plan implementation is critical to success! • Without the resources your projects may not succeed. • Our goal is to share some strategies to help build your success.

  3. Literacy Funders Network • The LFN is an affinity group of COF • Our mission is to promote improved literacy • We are a peer learning network of and for foundations and provide webinars, annual symposium, coaching and information dissemination • Our network of funders all support local and statewide lifelong learning literacy coalitions

  4. It’s Time to Start Blowing!! • Begin to Win strategies • Sustain to Gain strategies

  5. Begin to Win With great demand for scarce resources we must: • Understand the funding landscape • Develop a Funding Analysis • Build a Funders Collaboration • Maximize the existing pie • All steer in the same direction

  6. What is a funders collaborative? • How to get started • Funders briefings • Collaborative structure • Catalytic funding

  7. Begin to Win • Seek organizational and programmatic support? • Leverage public and private resources • Infuse collective impact strategies • Develop relationships that are broader than just funding • Build a coordinated fund development plan

  8. Creating Resource Collaboration

  9. Sustain to Gain • Build your community dashboard with funders • Develop return on investment strategies • Create public/private partnerships • Coordinate with local government • Encourage civic engagement • Maintain relationships/partnerships • Practice the rule of the seven thank you’s • Give away ownership and credit as often as possible

  10. Funding Lessons Learned • Columbus, OH • Dallas, TX • New Haven, CT Practice the nine month rule!

  11. Be Fearless “Looking back we found we were most successful when we were fearless – when we explored and experimented – and the least successful when fear or caution became a dominant driver of decision-making.” (The Case Foundation)

  12. To be fearless means … • …setting audacious goals, acting urgently and boldly, being unafraid of risk, being willing to strike unlikely alliances, and accepting the possibility of failure while pressing forward.

  13. It does not mean… • Reckless abandon, foolhardiness or arrogance, or presuming we have all the answers!

  14. Be Respectful, Appreciative and Aggressively Persistent

  15. The Gulf Coast Funders Collaborative • Development of the collaborative • Structure • Resources • Engagement • Follow up • Sustainability activities • Long term funding

  16. Matagorda County Palacios, Texas (pop. 5,000) Gail Purvis, Executive Director The Trull Foundationestablished in 1948

  17. Colorado, Wharton & Matagorda Counties Average 70% Children on Free and Reduced Lunch 25% Children are Below Poverty Level

  18. Gulf Coast Foundations Collaborative Members • The George Foundation – Richmond • Gulf Coast Medical Foundation – Wharton • M.G. & Lillie A. Johnson Foundation –Victoria • Mary Louise Dobson Foundation – Wharton • Matagorda Co. Community Fdn. – Bay City • Stanzel Family Foundation – Schulenburg • The Trull Foundation – Palacios • Conference of Southwest Foundations

  19. Gulf Coast Foundations CollaborativeSupport for Tri-County Coalition: • Support Individual 501c3 Organizations in Coalition • Foundation Membership on Coalition Board • Convening Meetings for Updates on Coalition‘s Progress/Needs • Coalition Executive Director Salary Support • i3 Innovations Federal Education Grant Matching Funds

  20. Partnerships Are Essential! • Foundations • School Districts • United Way • County/City • Non Profits • More…….

  21. Thank You For Your Hard Work and Caring!

  22. What would you like funders to understand about your needs?

  23. Questions?

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