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Explore effective fundraising strategies for Tavistock Repertory Guarantors Ltd to support its new home at Sunstone House in 2017. From investments to bequests, crowdfunding, major donors, and trusts, discover how to secure £2.75m for the clubhouse project. Learn about the challenges and benefits of different fundraising avenues, including the importance of individual giving, crowdfunding, major donors, and trusts. Get insights on managing resources, contacts, and the courage to ask for support. Uncover the value of member contributions and the significance of professional skills in achieving fundraising goals.
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Making the Numbers Nick Insley Financial Director Tavistock Repertory Guarantors Ltd
Our Fundraising Sources • Litigation • Investments • Bequests • Crowdfunding– individual giving • Major donors • Gifts in kind • Trusts and foundations • Volunteering
Our path – not always replicable £30k? £10k £35k £0k £112k £372k £366k £1.8m Total ~ £2.75m
Nest-egg invested in fixed interest bonds and stock market £300k – May 2018 FTSE 100 £1.9m - November 2017
Professional fundraisers and external fundraising • Do they understand you? • What is your proposition? • Why should anyone fund your clubhouse? • What public benefit do you provide? • Is it the right time? • Do you have the resources to manage them? • Do you have the contacts? • Do you have the guts to ask?
Lots of contributions – the few large ones really matter £92,600 Donations + £19,600 Gift Aid = £112,000
Trusts and Foundations • Hard work • Need to match their criteria exactly • Very slow for funds to materialise • May come with strings
Our members provide invaluable support • Professional skills • Project management • Legal • Architectural • Design • Technical specifications • Financial • Trades • Decorating • Removals • Basic construction