Fundraising Flashcards
acknowledging that everybody can give small amount.
grassroots approach
the idea that 80% of your output (sales) comes from your top 20% customers….meaning not every customers are equally important, so you need to focus on those who can give (more affluent or more willing etc).
concentrated approach
Bringing Athletic Support Groups Under Institutional Control
NCAA rules and regulations
Institutional Control
Athletic Support Groups
A Booster Education Program
A written constitution / bylaws for the organization
All monies raised by the ASG will be spent only with the approval of the AD
A through rules-education program for all booster club members
Athletic Support Groups
in-house ASGs have
more control
A non-profit, tax exempt foundation independent from univ.
Potential problems associated with rule violations (difficult to control)
Independent Foundations (ASGs)
The importance of fundraising in intercollegiate athletics has been ________throughout the years.
increased
For many universities and colleges, donor contribution is ________________
one of the top revenue sources.
Participation in secondary events Public (name) recognition Inside Information Priority treatment / benefits (parking/tickets) Philanthropy Change Loyalty Power
athletic donor motivations
- Provide “Need” Satisfaction
- Demonstrate Ability / Competency to Help
- Remove Barriers
- Building/ Maintaining relationship
4 Key points in effective fundraising
name recognition? (you can recognize the donor’s name on bricks, wall…etc. )
Providing “Need” satisfaction for donors
potential donors wouldn’t donate to an organization which do not have the ability to carry out its mission.
The fundraising organization should demonstrate their ability to deliver
For example, direct deduction from your paycheck, one click from your cell
To make donations easy, you want to remove any possible barriers.
Donors who were satisfied were more likely to make a further donation than those who were not satisfied
Building/Maintaining Relationship
Effectiveness
Feelings that the organization honors promises, & delivers desired impact
Feedback
Received timely, courteous, and appealing feedback
E.g.) benefited children write letters to donors telling how the money helped them
What factors lead to donor satisfaction?