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Chai Match Info Session

Chai Match Info Session. What You Need to Know. January 18, 2011. Julia Riseman. Mentor. Grinspoon Institute. Gretchen Laise. Director of Grants Administration. Harold Grinspoon Foundation. Get Involved.

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Chai Match Info Session

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  1. Chai Match Info Session What You Need to Know January 18, 2011 Julia Riseman Mentor Grinspoon Institute Gretchen Laise Director of Grants Administration Harold Grinspoon Foundation

  2. Get Involved A) Grab Tab – Click red arrow to open/close Control Panel. Click square to toggle Viewer Window between full screen/window mode. Click mic icon to mute/unmute your audio. Click hand icon to raise your hand. B) Audio Pane – Select audio format. Click Audio Setup to verify Speakers & Microphone. C) Questions Pane – Attendees can submit questions and review answers. D) Type your question and click Send to submit it to the organizer. A  B  C  D 

  3. Agenda • Introduction to the Grinspoon Institute’s Chai Match Grant • Step-by-Step Overview • Strategy for creating a competitive application • Questions and Discussion

  4. Fundraising Challenge Raise $432,000 in one year: between March 18th, 2011 And March 18th, 2012

  5. Chai Match Phase 1: Create a matching pool of funds Raise $54,000 + $54,000 Grinspoonmatch Phase 2: Match gifts of $1,800 or more 3:1 from the pool Raise $324,000 in phase 2

  6. Phase 1: Find Major Donor(s) to partner with Grinspoon Your Major Donor(s) Phase 1

  7. Phase 1: Find Major Donor(s) to partner with Grinspoon Your Major Donor(s) Grinspoon Match Phase 1

  8. Phase 1: Find Major Donor(s) to partner with Grinspoon Major Donor Gifts between $10,000 to $54,000 Could be three donations of $18,000 Your Major Donor(s) Grinspoon Match Phase 1

  9. Phase 1: Find Major Donor(s) to partner with Grinspoon Major Donor Gifts between $10,000 to $54,000 Matched 1:1 Your Major Donor(s) Grinspoon Match Phase 1

  10. Phase 1: Find Major Donor(s) to partner with Grinspoon Major Donor Gifts between $10,000 to $54,000 Matched 1:1 Total Pool will range from $20,000 - $108,000 Your Major Donor(s) Grinspoon Match Phase 1

  11. Phase 1: Find Major Donor(s) to partner with Grinspoon Pledges must be paid in full by March 18, 2012 Your Major Donor(s) Phase 1

  12. Phase 2: Raise gifts from the Camp Community Your Major Donor(s) Grinspoon Match Phase 1 1 : 3 Gifts from the Camp Community Phase 2

  13. Phase 2: Raise gifts from the Camp Community The pool of matching $$ Phase 1 1 : 3 Gifts from the Camp Community Phase 2

  14. Phase 2: Raise gifts from the Camp Community Gifts in Phase 2 must be $1,800 or more Phase 1 1 : 3 Gifts from the Camp Community Phase 2

  15. Phase 2: Raise gifts from the Camp Community If pool = $20,000: raise $60,000 in Phase 2 Total Campaign = $80,000 $20,000 Phase 1 1 : 3 Gifts from the Camp Community $60,000 Phase 2

  16. Phase 2: Raise gifts from the Camp Community If pool = $108,000: raise $324,000 in Phase 2 Total Campaign = $432,000 $108, 000 Phase 1 1 : 3 Gifts from the Camp Community $324,000 Phase 2

  17. Phase 2: Who can make a gift? • Gifts in both phases may come from new or previous donors and from individuals, families (spouse, parents, grandparents, siblings, and children), foundations or corporations. • Excluded are gifts from a Jewish Federation or the Foundation for Jewish Camp.

  18. Competitive Process • Only 18 camps will be awarded the grant • Must not be active under a current Grinspoon Match Grant at time of application • In good standing with the Grinspoon Institute • Must apply by February 18, 2011

  19. How Applications will be evaluated • Demonstrated need • Success in previous HGF matching grant programs (including Legacy) in relation to their operating budget • Administrative track record with HGF • Appropriateness of timing to existing or planned campaigns • Recommendation of Grinspoon mentor • Selection will be made by Grinspoon Institute staff in consultation with HGF Founder and Trustees

  20. Time Table • Applications Due:  Friday, February 18,  2011 • Participants Announced:  Friday, March 18, 2011 • Fundraise from March 18, 2011 - March 18, 2012 • Payment of matching funds from Harold Grinspoon Foundation available beginning April 2012 • Pledge amounts must be paid in full by September 18, 2014

  21. How will you spend $432,000? Half Half The remainder 50% is unrestricted and may be used for: scholarships, endowments, or annual operating needs Camps must use at least 50% of Chai Match funds for: • capital improvements or • facility enhancements

  22. Chai Match Grant Process Application • List of eligible camps on website • On-line application available now (see e-mail invitation)

  23. Questions on the Application • Describe your Camp's previous success with Grinspoon Institute matching campaigns • Describe the proposed use of the funds raised in the Chai Match campaign • How does the timing of the Chai Match campaign align with your Camp's other strategic fundraising goals? • What percentage of your Camp's Board has supported the Camp financially in the last year? • Is the Camp Board and staff aware of the work involved, and committed to achieving success in the Chai Match? • Who is the volunteer leader who will be coordinating this match program? Who is the staff person administering this match program?

  24. Chai Match Grant Process Phase 1 Gifts • Send signed pledge letters from Donors and Phase 1 Report to Grinspoon Institute no later than October 18, 2011. • Collect cash and submit proof of payments to Grinspoon Institute by March 18th, 2012.

  25. Chai Match Grant Process Phase 2 Gifts • Submit signed pledge letter and Phase 2 Donor Information Form for each donor to Grinspoon Institute by March 18th, 2012 • Proof of first 1/3 (minimum) of each Phase 2 pledge due to Grinspoon Institute within 60 days of sending in pledge letters • Collect cash and submit final proof of payments to Grinspoon Institute by September 18th, 2014

  26. Fundraising Hints Phase 1 Phase 2 Start asking for and collecting pledges on phase 2 gifts as soon as possible. Use visits to camp over the summer to inspire Phase 2 gifts from grandparents, parents, and alumni Identify a major donor to help “close” phase 2 to finish (before March 18. 2012). • Start cultivating major donors now • Make a fundraising plan with your mentor • Proceed with a campaign even if you don’t get the Chai Match • Incorporate Chai Match in 2011 annual fundraising strategy

  27. Questions: • Yes, but 1.) be careful of how you describe the matching pool to donors, and 2.) Grinspoon funds capped at $54,000. • Yes, but it isn’t the intent of the grant. We are looking for Camps who will use the campaign to reach out to more Alumni and camp supporters and increase the base of philanthropic support for camp. • A thoughtful fundraising strategy for this campaign. A current and compelling need. • Go for it, but plan accordingly. Speak with your mentor about strategies. Grinspoon payment of the Phase 1 match is dependent on receiving proof of payment of Phase 2 gifts. This will have budget implications. Can the Campaign be larger? Can a few major donors fulfill Phase 2 and finish the whole campaign quickly? What are you looking for in a “competitive application”? What if we take a risk to reach out to more Alumni in phase 2 and don’t meet our full goal?

  28. Your Questions

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