developing a case statement cswe/nadd spring 2006 meeting randy l. holgate senior vice president,...
TRANSCRIPT
Developing a Case Statement
CSWE/NADDSpring 2006 meeting
Randy L. HolgateSenior Vice President, University Resources
The University of Chicago
What we will cover
Your development advantage Why make a case for support? Why a written case in only a beginning
• Characteristics of a solid program
• Donor focused fund raising
• Measures of success
• Challenges and Rewards
Skill base
Communication Desire to help others Ability to build rapport Inclusiveness, others feel safe Optimism, belief in possibilities Meaning in your life, in what you do Teachers and learners
Belief in Positive Outcomes
“I find a universal belief in fairness, kindness, dignity, charity, integrity, honesty, quality, service and patience.”
-Steven Covey
Principal Centered Leadership
Mission Statement
To seek and secure resources that will sustain the University as a preeminent research and teaching institution, by providing institutional leadership in fund raising and alumni relations, and by creating and nurturing a community of alumni and other friends who help us achieve that mission through their personal advocacy and financial support.
The University of Chicago Office of Development and Alumni Relations
Fund Raising Myth #1
• It’s our job to convince people to give
• $240.72 billion of charitable giving in 2003
• 84% of college educated people make gifts
• 91% with post graduate study give
Giving USA, 2004 – researched at written at The Center on Philanthropy at Indiana University
Fund Raising Myth #2
Most gifts come from foundations and corporations
• Individual gifts comprise 75% of total giving
• 21.6 billion in bequests, 9% of total giving
Giving USA, 2004 – researched at written at The Center on Philanthropy at Indiana University
Fund Raising Myth #3
All we need are a few really big gifts
• $1 million donors begin with small gifts
• Gave first gift within 4 years of graduation
• Usually give multiple gifts each year
CORE Group
Fund Raising Myth #4
People give us what we ask for
• Giving is highly personal
• Match of interests and timing
• “Yes” and “no” can mean “yes, no or maybe”
Fund Raising Myth #5
Giving is a rational decision
• Emotion, experience, and case influence donors
• Philanthropy is very personal
• Donor motivations vary
Characteristics of a solid development program Donor centric Focused
• Shared vision, goals, direction
• Clear priorities and plan
• Results oriented Integrated cross team Creative Responsive Consistent Forward looking
Giving inspires giving
Gifts come from the heart The heart follows gifts
• Consistent donors give 50% more during their lifetimes
• Most $1 million+ donors began with small gifts
• Significant bequests come from consistent donors of modest gifts
Philanthropic Relationships Lifecycle
Commitment
EngagementCommitment
Commitment: Gifts from Individuals
Principal Gifts: President, Trustees, Deans
Major Gifts: personal visits,
Volunteer solicitation
Annual giving: mail, phone
Time Individual Attention
Prioritizing Activity
High:move to solicitation
Medium:heavy cultivation
Low:newer prospects
Critical Development Responsibility
Clarify objectives Define pool Prioritize Strategize Communicate Track Progress
Quantitative Measures
Contacts• Visits, phone calls, letters, email
Events, other initiatives Proposals Stewardship Dollars raised Participation rates
Qualitative Measures
Regular discussion of what is happening in our relationships
Assessment of quality, frequency, continuity
Self-Help for Effective Strategies
Does your strategy deepen a prospect’s relationship with your institution?
Does your strategy increase knowledge of your prospect’s interests?
Does your strategy result in more information about a prospect’s financial ability?
Does the strategy lead to a gift?
Food for Thought and Conversation
What is the most satisfying gift you have ever made to any institution?
How does it feel to be asked for a gift? What do you expect after you have made a
gift? What has been most rewarding for you as a
volunteer? What advice would you give to help us work
better with donors and volunteers?
Challenges
Time Flexibility Achieving goals in timely way Resources Disappointments Discipline
Connect and recognize people
Build a culture of philanthropy
Celebrate success
Recognize continued commitment
Increase engagement