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Fundraising vs. Philanthropy

Fundraising vs. Philanthropy. Johansen Pico, Treasurer. Distinguishing Between the Two.

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Fundraising vs. Philanthropy

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  1. Fundraising vs. Philanthropy Johansen Pico, Treasurer

  2. Distinguishing Between the Two • Fundraising (n.):  the process of soliciting and gathering contributions as money or other resources, by requesting donations from individuals, businesses, charitable foundations, or governmental agencies  • Philanthropy (n.): The desire to promote the welfare of others, expressed esp. by the generous donation of money to good causes

  3. Comparison • Fundraising • Collecting money for a specific reason • Ex: Raising money for books for a library, benefitting an organization, etc.)

  4. Philanthropy Not just someone you know; could be a stranger Some Famous Philanthropists: Bill Gates, Walt Disney, Johns Hopkins, John D. Rockefeller, and many more… Philanthropists give of themselves without requiring anything in return Ex: Giving to a food bank, volunteering, donating money, etc

  5. Philanthropic Fundraising Only applies to money that is being collected for charitable purposes – to the cause or mission of the organization Not into the pockets of employees, other expenses outside of the fundraising, etc.

  6. Philanthropic Fundraising • A characteristic of human nature for thousands of years • Examples: • Classical Greece and Rome: amphitheaters, public feasts, Olympic Games • Several religions raised money to build places of worship and to provide for the poor • Chuck Feeney has spent the last 30 years trying to give $7.5 billion into education, science, health care, and aging/civil rights in several countries.

  7. Provides money to improve quality of life for many people Ensures that non-profit organizations can continue to exist Helps make our world a more diversified and humanitarian place to live Fundraising is necessary Stems from the reason why people give No. 1 reason why people give: they were asked to give Without fundraisers, many social services, arts, humanities, and educational agencies would not be able to provide

  8. Function • Fundraisers… • Create the bridge between the mission and the marketplace • Must be able to assure the donor that his/her money will be spent well and for the cause intended • Donors expect fundraisers to be accountable for the money raised

  9. Food for Thought • Are members being educated about their personal connection to those they fundraise for? • Do our positions as student leaders entitle us to lose sight of the initial and ultimate cause of philanthropy? • Introspect – why are you involved in this organization?

  10. OPEN FLOOR Questions?

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