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Planning for the Future. Overview. Match requirements Fundraising 101 highlights Overcoming obstacles New opportunities Crafting Your Pitch Long-term strategies. Covering Kids & Families Fundraising Materials. Fundraising 101 (from Covering Kids & Families Annual Meeting)
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Overview • Match requirements • Fundraising 101 highlights • Overcoming obstacles • New opportunities • Crafting Your Pitch • Long-term strategies
Covering Kids & FamiliesFundraising Materials • Fundraising 101 (from Covering Kids & Families Annual Meeting) • Meeting the Match: A Guide to Fundraising
Match Requirements • RWJF requires a 50% match of grant award dollars for CKF Part I • Grantees must begin using match funds no later than the beginning of the third year of the grant. • The match requirement is designed to identify new sources of funding for the CKF initiative.
Match Requirements • RWJF will not provide more than 50% of the total RWJF funds until the match support begins, if earlier than the third year. • Should no match funds be secured by the beginning of Year 3, no additional RWJF funds will be provided to the grantee.
Match Requirements Match Sources that do not qualify: • No federal funds • No in-kind contributions • RWJF has a strong preference that match sources do not come from entities that manufacture or distribute alcohol, tobacco and/or firearms
Match Requirements • Grantees are strongly encouraged to submit match commitment documentation to their regional coordinator as soon as it is received • If a project fails to secure previously committed match funds, contact your regional coordinator immediately • For more information regarding the match certification process, please refer to Section 6 of the CKF Program Management Handbook, and/or contact your regional coordinator
Key Principles • People give to people • Fundraising is 90% networking and 10% grant writing • Market your services • Commitment, passion & expertise • Listen • Fundraising is not a science
Major Obstacles • Time • Economy • Size of prospect pool
Managing Your Time Focus on Your Best Prospects
Gaining an Edge • Cultivate a champion • Tailor your proposal to the funders interests • Get started!
Meeting the Match: Arkansas Rhonda Sanders Arkansas Advocates for Children & Families
Meeting the Match: Arkansas About AACF • Non-profit child advocacy organization founded in 1977 • Covering Kids Grantee (1999-2001) • 2 pilot sites • Covering Kids & Families Grantee (2002-2005) • 5 local project sites
Meeting the Match: Arkansas AACF Matching Funds • Arkansas Children’s Hospital (major donor) • Ford Foundation (major donor) • Poplar House Clinic • Harbor View Hospital • Healthy Connections • St. Mary’s Hospital • Our Kids Count Coalition
Meeting the Match: Arkansas AACF Philosophy • Apply for CKF only if matching funds were in place • Called upon all parties benefiting from CKF to be match players
Meeting the Match: Arkansas Approach • Utilized existing partnerships • Included coalition partners & local projects • Financial benefits of insuring the uninsured • Human capital benefits of participation
Meeting the Match: Arkansas Logistics • Make your presentation • ASK for the commitment • Obtain letter of commitment from each organization • Identify individual methods of providing the funds • Include their match funds in their individual CKF budgets
Meeting the Match: Arkansas Tips • Identify partners that will benefit the most • Draw on strong relationships • Be clear about what they will get from the investment
Best Practices • Personal connections – Virginia • Networking – Illinois • Finding a Champion – Missouri • Unique opportunities – Oklahoma • Diversified funding base – Hawaii
Why Do Corporations Give? • Increase profits • Improve image • Good corporate citizens
Why Do Foundations Give? • Issue • Geographic focus • Seed programs • Quality • Feasibility • Innovation
Why Do Government Agencies Give? • Politics • Community support • Budget
Talking points • Overview of CKF • Description of issue as it relates to your community (and their interests) • Specific objectives • Plan of action • Track record • Amount of funds to be requested
Rehearse • Avoid lingo • Use their terminology • Positive tone • Be succinct
The ”Ask” • Direct • Calm & Confident • Specific amount • Silence
Crafting Your Pitch Funder #1 Children’s Hospital • Public hospital • Serves metropolitan area (pop. 350,000)
Crafting Your Pitch Funder #2 St. Francis Community Foundation • Conversion foundation • Geographic focus: statewide • Programmatic focus: early childhood development, children’s health
Cultivate Champions • Good financial stewards • Deep company bench • Bipartisanship • Innovative programming