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4.4 Raise Funds |
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Finding appropriate ways to fund programs is a significant barrier to longterm success. Funding models vary from solely private to public / private partnerships. There is no single correct model of success and while privately funded programs have greater flexibility on messaging and delivery, they can lack sustainability. Publicly funded programs can address the issue of sustainability, however they are susceptible to political change and bureaucratic processes. A combination public / private model can work well with a clear MOU stipulating roles, responsibilities and goals. This may still suffer from the same issues facing other structures where political change and private sector expectations for longer term government investment can affect overall funding.
The United States, “More Matters” Program works within a unique public / private partnership bringing together industry and government on common messaging. The Australian model operates under a similar public / private sector partnership arrangement, where the campaign is “owned” by government and licensed to private sector interests. This approach ensures messages are consistent across the campaign and are in line with government policy.
Within today’s competitive fundraising market, fundraisers must address various donor concerns. The most prominent is “what is the return on investment” (ROI) that the donor will receive for their contribution.
ROI can be shown in a variety of ways. Produce industry sponsorship will look for increased sales and awareness of products. Government and public sector groups are more likely to require an evaluation showing impact on a social behaviour or a specific demographic group within society. Overall, determining the ROI is critical before developing a funding request.
Program costing will also vary depending on the marketing strategies formulated and the integrated nature of the tactics for the program. Appendix 6 provides a generic budget which can be used in considering this issue. In addition it includes sample letters used within the Canadian National program requesting funds.
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Appendicies
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