Course Description
Module Coverage
1. Fundraising Strategies and Ethics
i. Principles of Ethical Fundraising:
- Importance of maintaining donor trust.
- Aligning fundraising practices with the organisation’s mission and values.
- Transparency in communicating fundraising goals and fund allocation.
ii. Strategic Fundraising Approaches:
- Diversifying funding sources: individual donors, corporations, and grants.
- Creating annual and multi-year fundraising plans.
- Tailoring approaches for major donors versus grassroots campaigns.
iii. Fundraising Challenges and Solutions:
- Addressing donor fatigue and economic challenges.
- Building resilience through innovative strategies.
iv. Case Study & Example:
- Case study: A Singapore-based charity’s approach to maintaining donor trust through transparent reporting.
- Example: Unethical fundraising practices that led to reputational damage.
2. Developing Fundraising Processes and Methods
i. Creating a Structured Fundraising Plan:
- Setting clear goals and KPIs for fundraising campaigns.
- Identifying target donor segments (corporate vs. individual donors).
- Establishing annual vs. project-based fundraising strategies.
ii. Fundraising Methods for Charities:
- Direct donations and recurring giving programmes.
- Corporate sponsorships and matching gift programmes.
- Peer-to-peer fundraising and crowdfunding initiatives.
- Special events and charity auctions.
- Charitable legacy donations and bequeaths.
iii. Legal and Compliance Considerations:
- Following the Fund-Raising Regulations under the Charities Act.
- Ensuring proper donor disclosure and transparency.
iv. Case Study & Example:
- Case Study: How a mid-sized charity structured a multi-year fundraising campaign.
- Example: The effectiveness of recurring giving programmes in sustaining non-profit cash flow.
3. Grant Writing and Management Best Practices
i. Essentials of a Successful Grant Proposal:
- Understanding the funder’s mission and objectives.
- Crafting a compelling narrative: problem statement, objectives, and methodology.
- Budgeting and demonstrating value for money.
- Setting measurable outcomes for evaluation.
ii. Managing Grant Funds:
- Allocating funds according to donor restrictions and project needs.
- Monitoring progress and ensuring compliance with grant terms.
- Reporting outcomes to funders.
iii. Avoiding Common Pitfalls:
- Misalignment with grant objectives.
- Poor financial management leading to compliance issues.
iv. Case Study & Example:
- Case study: Reviewing a successful grant application, highlighting its strengths.
- Example: Challenges in managing multi-year grants and solutions adopted.
4. Donor Stewardship and Reporting
i. Building Long-Term Relationships with Donors:
- Strategies for effective communication: newsletters, social media, and events.
- Personalising donor experiences for major donors and smaller contributors.
ii. Transparency and Impact Reporting:
- Structuring reports to show how funds are used and the impact achieved.
- Balancing quantitative data (e.g., numbers served) with qualitative stories (e.g., beneficiary testimonials).
iii. Accountability Frameworks:
- Leveraging guidelines from the Code of Governance for Charities and IPCs.
- Ensuring timely reporting to meet donor expectations and regulatory standards.
iv. Case Study & Example:
- Case study: A charity’s impactful annual report that improved donor retention.
- Example: Effective use of storytelling to highlight project outcomes.
5. Fundraising Technologies and Tools
i. Leveraging Technology in Fundraising:
- Overview of online donation platforms (e.g., Giving.sg, JustGiving).
- Using CRM systems for donor management and engagement.
- Running effective crowdfunding campaigns.
- Efficiency and efficiency of fundraising (e.g. use of third-party fundraising providers)
ii. Innovations in Fundraising:
- Virtual fundraising events and hybrid campaigns.
- Accepting cryptocurrency donations and using blockchain for transparency.
- Social media campaigns: platforms, strategies, and metrics.
iii. Evaluating Technology:
- Cost-benefit analysis of different tools.
- Selecting platforms based on the charity’s size and needs.
iv. Case Study & Example:
- Case study: How a local charity used a crowdfunding platform to exceed its fundraising goals.
- Example: Comparing fundraising results before and after adopting a donor CRM system.