Reaching Your Parents Fund Potential - PowerPoint PPT Presentation

1 / 19
About This Presentation
Title:

Reaching Your Parents Fund Potential

Description:

Parents Fund is one part of the MHC Annual Fund, along with our ... Parent giving to all funds has increased by nearly 30% in new gifts and pledges since FY07 ... – PowerPoint PPT presentation

Number of Views:43
Avg rating:3.0/5.0
Slides: 20
Provided by: hig98
Category:

less

Transcript and Presenter's Notes

Title: Reaching Your Parents Fund Potential


1
Reaching Your Parents Fund Potential
  • Mount Holyoke College
  • South Hadley, MA
  • Kenyon College
  • Gambier, OH

2
Kenyon History and Background
  • Funds raised by and from current parents and
    parents of alumni
  • Four (4) written appeals,
  • Follow up calling effort by Parents Advisory
    Council (PAC) volunteers
  • Student phonathon
  • Founded in 1972, the Parents Fund includes three
    major initiatives
  • Senior Parent Challenge
  • Freshman, sophomore, and junior class fundraising
  • Parents of Alumni initiative
  • Accounts for nearly one-quarter (1/4) of Kenyons
    Annual Funds, bringing in over 1,000,000 in
    recent years
  • Raises unrestricted funds to help with everyday
    function and maintenance of the College,
    supporting various areas of campus life
  • Kenyons fiscal year, July 1 through June 30,
    every year!

3
Mount Holyoke History and Background
  • Current parents and parents of alumnae
  • 2 mail appeals annuallyFall/Winter and Spring
  • Student PhonathonFall and Spring (10 days each
    season)
  • Working to increase parent-to-parent cultivation
    and solicitation
  • Senior parents are sometimes approached for
    Senior Gift initiative as an additional appeal
  • Parents Fund is one part of the MHC Annual Fund,
    along with our Friends Fund.
  • Parents Fund raises unrestricted funds fiscal
    year runs July 1-June 30
  • Parent giving to all funds has increased by
    nearly 30 in new gifts and pledges since FY07
  • In FY08, parents gave 878,672 in new gifts and
    pledges vs. 687,048 in FY 07

4
Kenyon Goals and Achievements
  • 2004-2005
  • Goals 700,000 and 50 participation
  • Year End 769,068 and 54 participation (14.2
    monetary increase over 03-04)
  • 2005-2006
  • Goals 850,000 and 55 participation
  • Year End 885,436 and 53 participation (15.1)
  • 2006-2007
  • Goals 1,000,000 and 60 participation
  • Year End 1,065,255 and 52 participation
    (20.3)
  • 2007-2008
  • Goals 1,125,000 and 55 participation
  • Year End 1,197,681 and 53 participation
    (12.4)

5
MHC Goals and Achievements
  • 2004-2005
  • 184,941 raised, goal has been set at 250,000
    for the past several years as we reach to achieve
    it.
  • 2005-2006
  • 235,075 raised
  • 2006-2007
  • 224,605 raised
  • 2007-2008
  • 250,000 raised

6
KC Parents Advisory Council (PAC)The Executive
Branch of the Parents Association
  • Group of 58 couples or parents
  • ranges from freshman parents to parents of
    alumni (within five years of son or daughters
    graduation)
  • Two year terms
  • invited in freshman and junior years, majority of
    parents are invited back in junior year and serve
    a four year term
  • Meet twice a year on campus
  • October over Family Weekend and early April
  • Fundraising responsibilities
  • Assist with Parents Fund efforts through follow
    up calls, e-mails or letters throughout the year
  • Lead donors to the Parents Fund
  • act as role models during follow up
    communications

7
MHC Parents Annual Fund Committee
  • Group of 7 sets of parents, including our Annual
    Fund Chair who is a parent and an alumna
  • Committee is made up of current parents and
    parents of alumnae
  • Each committee serves on a two-year term, which
    can be extended
  • Committee Chairs serve for two years and then
    become part of the committee if they wish most
    Committee Chairs start as daughter enters her
    second or third year
  • Meet once a year on campus during Family
    Friends Weekend each Fall
  • Committee leads donors to the Parents Fund by
    encouraging participation
  • Committee members will send thank you notes as
    needed and author appeal letters when asked
  • Committee members are available to parents who
    have questions about the Parents Fund throughout
    the year

8
(No Transcript)
9
Kenyon PAC Challenge!
  • Implemented 5 years ago, the PAC Challenge is a
    collection of pledges made by PAC members to
    raise current parent participation rates. It is
    completely voluntary and usually an additional
    gift to the Parents Fund.
  • Through the student phonathon, current parents
    hear that the Parents Advisory Council has
    pledged an additional X amount of money, if the
    Parents Fund reaches X percentage current
    parent participation.
  • Whether the parent contributes 5, 500, or
    5,000, PAC will kick in the additional challenge
    total if and/or when the participation percentage
    is reached
  • SUCCESS!
  • Parent participation went from 26 in the 01-02
    year to 41 in the 02-03 year, the first year
    PAC Challenge was implemented
  • In 03-04, current parent participation
    increased from 41 to 46
  • 46 to 54 in 2004-2005, where it has stayed for
    the past three years.

10
Engaging Parents as Volunteers Kenyon
  • How it helps motivate to raise funds
  • Sub Committees
  • Academic Advising
  • Advising and Career Development
  • Parents Fund and Resource
  • Public Affairs and Admissions
  • Student Affairs
  • Engages parents in other aspects of the college
    besides just fundraising
  • Place to express opinion or concern about an area
    of the college and have it heard and taken into
    account
  • They are used as a resource in all areas of
    college life
  • Useful during fundraising calls to other parents
    as ambassadors of the college

11
Kenyon On and Off Campus Events for Parents and
Donors
  • Leadership Giving Appreciation Breakfast over
    Family Weekend
  • Donors of 1,000 and up
  • Leadership Giving Appreciation events
  • Once a year in different cities each year
  • Admissions Winter Receptions for prospective
    students and parents
  • Held in 13 cities across the US
  • Learning in the Company of Friends events
  • September through May, different cities each
    month
  • Alumni and Parent Program events
  • APP events are open to all parents, current and
    past
  • Regional Parent Association events
  • Parents are invited to any regional event
  • Burton D. Morgan Lecture Series

12
MHC Parent Events
  • Family Friends Weekend in the Fall
  • Reception at the Presidents House
  • Regional events at venues and parent homes
  • San Francisco, Boston, Brooklyn over the past
    couple of years
  • All Community events related to the campaign
  • Campaign Gala in NYC as a regional kickoff
  • Our hope is to expand regional events and bring
    faculty/college leadership on the road

13
Potential of the Past Parent at Kenyon
  • Initiative started in 2004 by graduating PAC
    members and Annual Giving staff
  • At the end of 04-05 889 past parents donated
    over 200,000
  • In 05-06, 910 donors for 232,000
  • 06-07 974 past parents gave over 320,000
  • 07-08 over 1,000 past parents gave
    approximately 347,000
  • Kenyon continues to work with a group of parents
    of alumni through the PAC to engage and motivate
    past parents to give to Kenyon
  • One P of A is chair of the initiative,
    attending bi-annual PAC meetings, setting goals,
    and guiding other past parent PAC members
  • Goal for longevity of program enlist one
    parent/couple on PAC to stay on for five years

14
Kenyons Student Phonathon
  • Student phonathon workers call past parents and
    current parents throughout the year
  • PAC members spend a portion of April meeting
    making follow up calls from campus
  • Current parents are usually called after PAC
    meetings, if the PAC Challenge is in effect
  • Past Parents called in January and February

15
MHC Phonathon
  • Current parents and parents of alumnae are
    included
  • Two sessions typically held in October/November
    and March/April for approximately 10 days each
    session
  • Parents with targets up to 2500 are called by
    students during the Phonathon
  • Leadership donors are handled by me or the major
    gifts officer assigned to the parent

16
Other Volunteer Options for Parents at Kenyon
  • Parents who dont want to sit on PAC are also
    welcome to volunteer as Regional Association
    Parent Chairs
  • Regional Association chairs are asked to assist
    in any regional events for current students,
    prospective students and parents, and/or alumni
  • Kenyon parents open up their homes for
    prospective student winter receptions through the
    Office of Admissions
  • The Career Development Center offers an extern
    program for students frequently parents
    volunteer to have a student shadow him/her at the
    work place

17
MHC Annual Fund Scholars Program
  • Any donor of 10,000 can become part of our AFSP
  • Donor is connected to a student who he is
    essentially sponsoring for that academic year
  • Student writes a letter to donor thanking him as
    a stewardship piece
  • AFSP luncheon each Spring that brings the student
    and donor together to meet
  • Often these relationships continue beyond the
    single year
  • Works to keep major donors connected with campus
    and student life
  • Especially works for parents of alumnae who no
    longer have a student on campus

18
MHC Parents Fund Future
  • Increase committee involvement in fund and campus
    activities/departments
  • Increase size of committee and activities
    throughout the year
  • Increase Parents Fund participation and dollars
    (of course!)
  • Hold additional events on-campus and regionally
  • Customize cultivation/solicitation by parent
    group (first year, second year, parents of
    alumnae, etc.)

19
Thank you and safe travels Jessica Kansas Annie
Higby Ellsworth
Write a Comment
User Comments (0)
About PowerShow.com