Transcript Overview
Your Foundation: A Powerful Partner for Schools © Copyright 2008 National School Foundation Association Thank you NJEFP for your work…… Benefits your school foundation work brings to your community (see handout for more details) Builds communication Raises awareness of school needs Improves academic and educational opportunities Prepares future school board members Adults acting on behalf of children 57% of school superintendents: high or very highly felt the foundation encouraged academics!! Meets needs currently unmet in children’s lives Offers the community the opportunity to be a part of supporting kids!! © Copyright 2008 National School Foundation Association 2 K-12 foundations place in school fundraising world Over 20,000 ESO’s in the US today: ESO = Educational Support Organization: PTA, PTO, booster clubs, education foundations Education foundations (EF’s) = 12% of all ESO’s EF’s = highest producers among all ESO’s EF production: 60% < $100,000, however the balance produce up to and more than $1M/year. ESO’s combined raise over $4.5 Billion © Copyright 2008 National School Foundation Association Urban Institute 2010 3 2009 charitable giving Total = $303.75 billion Giving by individuals, 1969–2009 Individual giving as a share of disposable income, 1969–2009 Giving by type of recipient as a percentage of total giving Five-year spans; does not include “unallocated” Data began in 1978 for foundations and in 1987 for environment/animals and international affairs. 8 Now…..what would you like to accomplish……. If money was not a problem? © Copyright 2008 National School Foundation Association 9 Seven Steps to Success in your Foundation 1. Clarify your mission: why you exist 2. Build a team to assist you: start with core group 3. Develop a vision: be definitive, written plans (30 days to 5 years) 4. Get equipped: program, Case, add to team 5. Raise awareness: website, media 6. Ask for support: see hierarchy of effectiveness 7. Recognition and rewards: keep the gifts coming, prepare for next fundraising cycle © Copyright 2008 National School Foundation Association 10 1. Clarify your mission (25 words or less) Over the top Under the radar Down the middle • Scholarships • Equipment • Graduate degrees • Return alumni to work, teach, create • Advocacy (Dental, eye glasses, coats, backpacks, psych testing, mentoring) © Copyright 2008 National School Foundation Association 11 Start with a clear mission & then….. 1.Mission & 2. Vision Internal © Copyright 2008 National School Foundation Association Ask for support Develop team, Case Fundraise Raise awareness RnR External 12 2. Build a team © Copyright 2008 National School Foundation Association 13 Average yearly amount raised over the past 3 years vs. BOD helping to identify, cultivate, and solicit donors 90% 80% 70% 60% 50% 87% 40% 70% 71% 72% 64% 30% 41% 20% 10% 0% n ha t ss Le 00 0 , 5 $2 © Copyright 2008 National School Foundation Association 00 5,0 $2 0 ,00 0 $5 1 ,00 0 $5 0 ,00 0 20 -$ 1 ,00 0 0 $2 0 ,00 0 50 -$ 1 ,00 0 0 $5 9 ,99 9 99 -$ on 1 $ er v O lli mi 14 BOD (and all team member’s) Responsibilities Attend and participate in meetings Donate ID, Cultivate, and solicit on behalf of the foundation Understand your responsibility to donors Understand your responsibility to integrity Understand you are building a stand alone NPO business • • • • Legal parameters Reporting responsibilities Policy standards Financial integrity (Insurance, employee care) Committees of the Board (average 3.5/EF) “ Committees offer members a unique chance to recruit others from the community to deep dive into projects, tasks and or oversight of specific programs. ” Supports Foundation’s mission Individually contribute to fundraising goals Proving ground for new BOD members K-12 foundations average four working committees Your “walk on” program….can be very successful! © Copyright 2008 National School Foundation Association 16 What does a ‘great board member’ bring? C Capacity Connections Commitment T Time Talent Treasure © Copyright 2008 National School Foundation Association W Wealth Wisdom Willingness to work 17 3. Establish a vision What do you want to accomplish for kids over the next 30 days to 5 years Develop written plans addressing who will do what, when, spending how much ID outcomes for kids Develop simple JD’s © Copyright 2008 National School Foundation Association 18 4. Get equipped Develop A Viable Case Written document showing programs needing donor support “Arms” foundation personnel with a tool to take to potential donors What are you specifically trying to do to improve the education of children in your community…. Be specific List multiple opportunities Surround these with success stories and pictures Include BOD member’s names List donor categories Abbreviated annual report © Copyright 2008 National School Foundation Association 19 ID programs that resonate with your community © Copyright 2008 National School Foundation Association 20 Align with the School/District & Superintendent “ Responsible for children’s education and responsible for marshalling the resources needed by the school’s staff to accomplish this task.” Provides visibility and influence Shares the district’s strategic plan and greatest needs Demonstrates support for the foundation within the district staff Most do not fully understand the critical power and potential of the foundation board © Copyright 2008 National School Foundation Association 21 5. Raise awareness Website E-mail Media: Radio, TV, billboards Newsletters Local newspapers Donor letters Events Palm cards Brochures © Copyright 2008 National School Foundation Association 22 6. Ask for support Direct Solicitation: Face to Face Phon-a-thons E-solicitations Direct Mail Events Grants Sponsorships/sales/endorsements/partnerships/contracts © Copyright 2008 National School Foundation Association 23 Key components Case: discussed previously Sources: Grants (corporate or foundations) , Major donors, Alumni, Parents, Internal campaign, Corps, Businesses, entrepreneurial, selling, PMO partnership Actions: card, e-mail, coffee, call, media clips, speaker’s bureau, event (Martini event) etc. Ask: ED calls, BOD member calls, e-mail news blast, on-line, direct mail (personal or bulk), Rotary, Alumni event, your event, door to door, whatever © Copyright 2008 National School Foundation Association 24 Sample fundraising plans Case + source + actions + ask = $ Robotics + high tech corporation + appointment + face to face meeting = 3 years of support ($100,000) Mentoring + local donor + mailings, cards, calls, media, appointment set by a board member + face to face meeting = 5 yr program of volunteers from his company assisting. I-pads + alumnus + newsblast, website with on-line giving program. Alumni bricks + alumni + alumni event + group request © Copyright 2008 National School Foundation Association 25 Foundation Performance: Implications from this survey. Selling small items is becoming less popular Events are reduced in favor of a “Signature Event” Major donor “asks” are becoming more popular Planned giving is growing in popularity as the US faces an aging society. More than one third have endowments. 20% are considering capital campaigns Average K-12 foundation performance: $10 $20/student. Alumni are more and more a focus of K-12 foundations © Copyright 2008 National School Foundation Association 26 Alumni must be a part of the process Smart Boards in all classrooms, PhD’s for high tech teachers: (6,000 students K-12/ EF raises $200,000 +/year) Each high school graduate receives $3,000 annually for all four years of college. $13 M endowment added to annually at alumni event. (1,000 students in K-12) A Midwest school district (1,200 students K-12) added $7.2 million in capital additions to their building largely through the efforts of an alumnus. 7. Recognition and Rewards Thank donors (more x’s the better) be creative, be genuine, think how you would like to be thanked. Recognize contributors: bricks, wall, plaques, annual report, newsletter, picture etc. Steward donors: talk with them about how their gift made a difference, meet with them to show them pictures, offer them a tour of the facility etc. © Copyright 2008 National School Foundation Association 28 Key Foundational Structural Benchmarks Data base/Alumni…. JD’s with budgets Strategic plan accountability (who, what, when, where) Annual report Gift acceptance guidelines Liability insurance Board orientation Policies and procedures manual • • • • • Conflict of Interest Fund management Fund handling/Audit policy Whistle blower Document Destruction © Copyright 2008 National School Foundation Association 29 Thank you for your POWERFUL work ! © Copyright 2008 National School Foundation Association