‘Friend’Raising and events: cost effective community fundraising Community vs Events • ‘In aid of’ • Supporters organize • Primary aim is to raise money • The nature of the activity is a key benefit to the fundraiser • ‘On behalf of’ • Charity organize • Primary aim can be to raise money, profile or recruitment • The event ought to be connected to the charity’s ethos and beneficiaries © Institute of Fundraising ‘Friend’raising • • • • • • • • • Community groups Schools Clubs and societies Collaborators Online supporters Facebook Twitter Staff and volunteers Local, regional, national and international support © Institute of Fundraising Events • • • • Sponsored events Gala/dinner/fashion show Auction Challenge events © Institute of Fundraising Audit • • • • • External STEEPLE Competitor Collaborator Market Analysis • • • • • Internal Past Performance Product Lifecycle Segmentation Case for Support © Institute of Fundraising Objectives • • • • • • External audit Internal audit SWOT analysis Organisational Mission Overall Fundraising Objectives SMART © Institute of Fundraising Why plan? • • • • • • Increase efficiency Reduce duplication Ensure profitability Assess the resource implications Consider timings To walk away !!!!!! © Institute of Fundraising Research • • • • • • • • • Costs for the fundraising activity Quotes Suppliers – internal and external Volunteers Timings Location Technical Governance & legal Training © Institute of Fundraising Tasks Community Events • Recruit supporter groups • Update database or participants • Create packs • Test materials • Provide merchandise • Distribute packs • Attend? • Bank donations • Thank supporters • Plan donor journey and stewardship • • • • • • • • • • • Plan event Recruit volunteers Publicise event Send invitations Manage suppliers Develop the case for support Design and print merchandise Update database Run the event Collect donations Thank supporters © Institute of Fundraising Budget • Allocate the costs for each task • Allocate by budget heading © Institute of Fundraising Calculating ROI (Fundraising Target – Costs of fundraising) Costs of Fundraising x100 © Institute of Fundraising GANTT Chart