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Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

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Page 1: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Getting Started with Individual GivingMaryBeth BungeDevelopment DirectorAlternatives Impact/FCU

Page 2: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Who’s in the Room?

- Board Members?- Staff?- Askers?- Donors?- Believers?

Page 3: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Why Individual Donors Matter Reliable (BELIEVERS) Diversification of “Giving Portfolio” Easy Reporting Requirements Bequests!

Page 4: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Raising Money from Individuals is a Process

Identification

Cultivation

Solicitation

Stewardship

Source: Al Cantor Consulting

Page 5: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Start with Yourself a) Why are you involved in this organization—

why do YOU care?

b)  Why is this organization important to the community?

c)  What is this organization doing NOW that is especially exciting to YOU?

Source: West-Wind Consulting

Page 6: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Who (Else) Cares?

Your Circles of Influence Exercise

Page 7: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Prospect Possibilities Board-Current/Former Donors/Funders-Current/Former Customers, Members, Subscribers, Patrons Neighbors Staff Vendors Synergistic Sympathizers Friends and Family AND their suggested prospects, too

Page 8: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Now What?! Top Prospects: 1, 2, 3 rankings Communicate as THEY wish “Practice” AND Practice Take A Buddy Follow-up!

Page 9: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Trends to Keep in Mind White Americans Minority Status Women Gaining Economic Power Youth and Their Hunger for Impact Baby Boomers Lesbian and Gay Donors The Rise of the Secular Donor

Source: The Chronicle of Philanthropy, August 15, 2013 SPECIAL EDITION: Tomorrow’s Donors

Page 10: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Fundraising Truisms That are Actually True People Give to People Start with Your Board 80-20 Rule… Or is it the 90-10 Rule? Grassroots Fundraising…in its place “Top Down, Inside Out” To ASK, one must GIVE

Page 11: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

MB3’s Favorite Resources Chronicle of Philanthropy AskingMatters.com Association of Fundraising Professionals Reference Librarians Funders

Page 12: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

To Do List… Review your Prospects—PICK ONE Who’s your BUDDY? What’s your PLAN?

Start where you are, get where you can Success leads to success… Try it, you’ll like it…AND raise $$$!

Page 13: Getting Started with Individual Giving MaryBeth Bunge Development Director Alternatives Impact/FCU

Thank You!Mary Beth Bunge Alternatives ImpactAlternatives Federal Credit Union [email protected] (607) 273-4611

www.alternativesimpact.org