250 likes | 435 Views
Corporate Fundraising. Davinia Batley. Session Overview. Get Started Research Prepare Approach Relationship. Session Outcomes. Know how to identify potential business supporters Understand what attracts corporate support Build strong business relationships. About Me.
E N D
Corporate Fundraising Davinia Batley
Session Overview • Get Started • Research • Prepare • Approach • Relationship
Session Outcomes • Know how to identify potential business supporters • Understand what attracts corporate support • Build strong business relationships
About Me • Fundraising Manager for Black Cultural Archives (BCA) • In-house and consultancy experience in Corporate Responsibility • Developed and delivered the fundraising function at a number of charities
About You Two Truths, One Lie • Two interesting facts • One interesting lie • List them in any order Guess which one is the lie! Example • Igrew up in Papua New Guinea • I attended a reception at 10 Downing Street • I published a book when I was 18
Getting Started... • Get relevant legal and financial advice • Keep up with best practice • Self regulation is your friend! • IOF Codes of Fundraising Practice • FRSB self regulatory body • Charities Act 2011 & Part 2 of Charities Act 2006 and other regulations
The 5 General Principles of Corporate Fundraising The scattergun approach doesn’t work There are no quick wins Motivations vary There is unlimited opportunity 80% of business decisions are based on relationships
What is the ‘corporate sector’? Partnership SME Ernst & Young Linklaters Local medical practice Local shops Small agencies Estate Agents Company Foundation PLC BP Prudential McDonald’s Lloyds TSB Foundation Fidelity UK Foundation Shell Foundation
Corporate Fundraising What corporate fundraising mechanisms are there?
Research, Research, Re... What and how would you research?
Ethical Fundraising What is an ethical fundraising policy? Does it matter? How should it be drafted? What would it include? Who would own the policy?
Be Your Consultant As a group, find out the information you think you may need to package the project. What fundraising mechanism would you go to market with?
The Approach Aim for: • an introduction • meeting at a networking/other event • call for an informal conversation End goal is a face to face meeting
Make an Approach Pick a charity and a corporate prospect. Identify what trigger words may secure a meeting
The Elevator Pitch NSPCC is a national charity that delivers services, offers advice and actively campaigns to end cruelty to children across the UK. We strive to make a difference to all children and inspire the change in others.
After the No • Always acknowledge • Ask for feedback • Know the different ‘no’s’ • Try to stay in touch • Don’t be too disheartened!
After the Yes • Celebrate! • Be prepared • Briefing meeting • Paperwork in place • PR and internal comms • Roles and responsibilities • Deliver!
Remember Rule & regulations Best practice 5 principles Myriad opportunities Relationship Approach Listen Give your best Follow up Deliver
Questions? The scattergun approach doesn’t work There are no quick wins Motivations vary There is unlimited opportunity 80% of business decisions are based on relationships
Thank you Davinia Batley davinia@bcaheritage.org .uk 020 7582 8516