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Expanding Your Organization’s Fundraising Base . Welcome to Global Summit of Women. A presentation to Global Summit of Women in Athens By Suzan Bayazit subayazit@yahoo.com. Athens, May-2012. Key Considerations & Measures. Key considerations in Fund raising. Principals& Contradictions
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Expanding Your Organization’s Fundraising Base Welcome to Global Summit of Women A presentation to Global Summit of Women in Athens By Suzan Bayazit subayazit@yahoo.com Athens, May-2012
Key considerations in Fund raising • Principals& Contradictions • Tax environment (individual, corporate) • Identification of Stakeholders that are close to your org, mission. What happens when you throw a stone into the sea? • Have you written your story , impact and planned achievements? • Do you have our B/S and Income Statement? Audited? Budget? • Diversity of Sources: Long-term Strategic Sponsors, Short term, Non-profit, public, private (individual, corporate, family foundations), online, international organizations, various products and organizations that you may create fund from sale of products& services such as a sale of a card, magazine, second hand stores, etc. • Sustainability. Can we repeat this fundraising event/product every year? Conference, product fairs, Gala dinners, Races..? • Can you get in-kind of donations? Don’t forget to keep the statistics. • How many volunteers will be involved? • What are the costs involved? Can we attain %8 GA expenses? • When you mature what are other financial tools you may consider?. Legacies& bequests, endowment, operating reserves.
Renovation of 35 libraries in three years. 35,000 persons participated in activities, talks, shows, films, exhibitions. 400 volunteers from nearby universities.
Peking Paris Classical Automobile Race Raised more than $ 300,000 for scholarships Our main sponsor donated $100,000 received $2,500,000 worth of media coverage. 15 Volunteers.
Organizations www.adım.adim.org Started first at 2008 with 50,000 euros to 250,000 in one event in Antalya in 2012. Founders are still active 2 women in their 30’s. 1000 runners collected money from 19,000 donors. Togbazaar event 2000 visitor. Total income from entrance and stant sale is 200,000 euros. 25 women working for 3 months.
Funerals and Happy Days • Collection of money at funerals and happy days instead of giving flowers (27,000 events of 8.2 million net of TL 5.65 million in 2011) • TEV gave scholarships of 182,ooo students in Turkey and 1359 students abroad.
Internet help tools • Utilize free, low cost marketing tools, emails and websites. • Social marketing tools: Facebook, socialvibe, www1.networkforgood.org, causemarketingforum.com, nonprofitfinancefund.org, non • Help tools: Virtueventures.com, financial managementhelp.org, foundationcenter.org, nten.org • Consider of becoming member of UN’s Global Compact , Charity navigator
Your Case? • Tell the world what’s unique about your organization • Can your staff communicate values, purpose and goals? • Can you articulate this in one sentence? • Who are your definitive stakeholders? • Do you want to share your experiences and ask questions to us?