In this video we cover the ‘Last 3 Feet’ tied to Creating Great Funding Rationales (hint: “Unrestricted” does not make a great Funding Rationale!)
Create a Funding Rationale tied to a Unit of Impact if possible – “Our goal is to underwrite all 3000 of our families each year at $1500 per family. How many families can you help support?”
Package up your Programs – “Here is the Impact we’d like to have in each community and it will take about $100,000 per community to make it happen.”
Use a Leadership Circle membership goal as it relates to the Opportunity to Save, Change and Impact Lives – “When we have 50 members in our Leadership Society (@$10,000+ per year) it allows us to innovate new programs and provide core support to existing impact. It also allows us to move quickly when needed – To save and change more lives.”
What projects or special campaigns do you have and/or want to have?
What are your goals for endowment or legacy gifts?
What is your annual operating budget?
Are there any other costs or fundraising goals that have not been accounted for above?
Do you currently have an annual giving circle? If so, how what is the total income?
Does this total match the total from question 3.?
If you do not currently have an annual giving circle, take the total from question 3
and divide by 10, 20, 50, 100 until you get an amount you are comfortable with.
Fill in the funding model. (LINK TO FUNDING MODEL DOWNLOAD)
“I pledge to start thinking about the lives I am saving, changing, and impacting and agree to incorporate these new words in conversation with my friends, co-workers, and potential investors because I understand that words are important and reflect my thoughts and attitudes.”