What Board Members Need to Know About Fundraising

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What Board Members Need to Know About Fundraising
Linda Lysakowski, ACFRE CAPITAL VENTURE
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2007 charitable giving Total 306.39 billion
( in billions)
Corporations15.695.1
Individuals229.03 74.8
Foundations38.52 12.6
Bequests23.15 7.6
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Donor Pyramid
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The Boards Role in Fund Raising

• Three Gs
• Give
• Get
• Get Off

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The Boards Role in Fund Raising

• Three Ws
• Work
• Wealth
• Wisdom

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The Boards Role in Fund Raising

• Three Ts
• Time
• Talent
• Treasure

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What You Should AskBefore Joining a Board

• What is the organizations mission?
• What is their vision?
• Who else is on the board?
• How is the organization funded?
• What is the relationship between staff and board?
• Is there a position description for board members?

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Minimum Board Requirements

• Belief in Mission
• Attendance and Participation at Meetings
• Financial Commitment
• Committee Participation
• Willingness to Use Expertise Connections
• Willingness to be a Roaring Advocate

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Conflict of Interest

• Clear Policies
• Sign Conflict of Interest Statement
• No control over decisions that could be conflict
  of interest
• Abstain from voting on issues where potential
  conflict occurs

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Fund RaisingWhat Funders Look for in a
Nonprofit

• Board Strength
• Excellent Management
• Integrated Development Program

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Board Strength

• Diversity
• Representative of Community
• Fiscal Oversight
• Community Leadership
• Fundraising Strength
• Financial Commitment

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Excellent Management

• Long Range Planning
• Experienced, Credentialed Staff
• Clear Mission Vision
• No Duplication of Services
• Collaboration in Community

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Integrated Development Program

• Grants
• Special Events
• Direct Mail
• Telephone Solicitation
• Personal Solicitation
• Internet Fundraising
• Major/Planned Gifts
• Capital Campaigns

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FundraisingEthics and the Law

• Donor Bill of Rights
• Code of EthicsProfessional Organizations
• State Registration
• IRS Regulations

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Thank You
CAPITAL VENTURE www.cvfundraising.com