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entrepreneurial mind set less interested in supporting existing projects interested in business...

Date post: 04-Jan-2016
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Page 1: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.
Page 2: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

entrepreneurial mind set• less interested in supporting

existing projects• interested in business plans• loyalty to an idea not an

organization• wants to be engaged in

substance• understands negotiation

Page 3: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

entrepreneurial donors are not interested in whatyou need

Page 4: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

problem solving/opportunity seeking• bold concepts

• transformational ideas

• outcomes

Page 5: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

large gifts are autobiographical

donors may want to• show who they are• say what they

stand for• have a naming

opportunity• leave a legacy

Page 6: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

cultivation model

• analysis

• engagement

• the ask

• follow-up

Page 7: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

do they have the means to fund the project?

Page 8: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

do they have propensity, a giving history?

Page 9: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

concept paperpaper attributes– concrete vs. abstract– articulate outcomes– brief and intelligible– include overall project cost– describe a model program

emotional attributes– speak the language of the donor– demonstrate the values of the donor– describe the transformation– be able to turn into a vision– create differentiation

Page 10: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

let the donor know early on you are going to ask for funding so they don’t feel ambushed

Page 11: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

follow-up• what’s a good time to call to get

feedback on the concept paper

• write a letter stating what happened at the first meeting.

• if/when you get a reply rewrite the paper incorporating ideas

• bring potential donor into the inner sanctum to discuss new opportunity with important people

Page 12: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

a successful solicitation is a process of overcoming objections

Page 13: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

finding donors• talk to Senior

Administrators who have championed your program in the past

• talk to your Foundation office

• ask your advisory board

Page 14: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

other strategies• demonstrations – “gee whiz factor”• student testimony and input• hold an open house - tour the

facility and meet the staff• review list of those who have given

to you in the past• follow-up on letters of appreciation

from parents and students

Page 15: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

so you want to write a grant?

Page 16: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

what do we want to do next? • review literature;

reports, articles, etc.

• review local, state and national data

• define scope of the project

• define budget

Page 17: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

options for funding new initiatives

• move proven strategies to regular budget line.

• for new demonstration on your campus look for outside funding

• identify potential unrestricted funds

Page 18: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

identify potential funding sources

• federal

• state

• foundations

• corporations

• local Partners

• private donor

Page 19: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

request and review grant announcement (minimum of two weeks)

Page 20: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

proposal development staff assignments(minimum of three weeks)

Page 21: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

review first draft against outline of proposal instructions(minimum of one week)

Page 22: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

budget(minimum of two weeks)

Page 23: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

polishing(minimum of two weeks)

Page 24: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.
Page 25: entrepreneurial mind set less interested in supporting existing projects interested in business plans loyalty to an idea not an organization wants to.

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