17
COLLEGE of Literature, Science, and the Arts University of Michigan Fundraising for Education Presentation for: Taipei Municipal University Of Education Peggy Burns, Assistant Dean for Advancement

COLLEGE of Literature, Science, and the Arts University of Michigan

Embed Size (px)

DESCRIPTION

COLLEGE of Literature, Science, and the Arts University of Michigan. Fundraising for Education Presentation for: Taipei Municipal University Of Education. Peggy Burns, Assistant Dean for Advancement. College of Literature, Science, and the Arts (LSA) Facts. 16,000 Undergraduate Students - PowerPoint PPT Presentation

Citation preview

COLLEGE of Literature, Science, and the ArtsUniversity of Michigan

Fundraising for EducationPresentation for: Taipei Municipal University Of Education

Peggy Burns, Assistant Dean for Advancement

College of Literature, Science, and the Arts (LSA) Facts

•16,000 Undergraduate Students

•980 Faculty

•1,200 Graduate Students

•Three Divisions: Natural Science, Social

Science, Humanities

•26 Departments, 20 Programs /Centers / Institutes and 7 Museums

•200k Alumni (400K UM Total)

Rankings• First Year Student Experience

– Learning Communities, Service Learning, Study Abroad, UROP

• #22 for Best Undergraduate Education• #8 Commitment to Undergraduate

Teaching– Above Yale, Stanford and Harvard

• #29 among National Universities (US

News & WR)

• #1 in Research and Development Funding (NSF)

• #15/200 World’s Greatest Universities (QS

Rankings)

• 26 LSA Departments in the top 15 (NRC)

Rankings• #11 Most Desirable large School• #15 Top Schools for Future Power

Brokers• #24 Most desirable Urban Schools

(Newsweek)

• #2/50 Top MFA Programs (Poets

and writers Magazine)

• 26 LSA Departments in the top 15 (NRC)

My Office - LSA Advancement

•Development•Marketing •Communications •Student Recruitment and Scholarship

Vision: to create a culture of giving for the nations preeminent public liberal arts college

ResourcesPersonnel Breakdown

9 Regional Fund Raisers with Department Liaison Assignments

Annual Fund and External Relations DirectorEvents Team for College and Development

EventsStewardship TeamMarketing/Communications TeamWeb TeamStudent Recruitment and Scholarship Office

The Need for Private Support

UM Philanthropy2008 – UM Completed $3.2B Campaign

LSA – Raised $350MIndividual Donors, Sponsored

Research, Foundations, Corporations

Student SupportProgram Support Faculty Support Building Projects

Integrated Fund RaisingDefine your Message – marketingDeliver your Message - communicationsFocus on Students Segment your AlumniSteward your donors

Types of GivingAnnual Giving $1- 10KMajor Gifts $50K+Principle Gifts $1M+FoundationsCorporationsEstate Gifts

Major Gift Fund Raisers

• Believes in the Product• Builds a Pipeline via a Process• Listens to the Donor• Engages the appropriate support

resources• Asks the “Magic” Question• Always closes for the next step

Major Gift Fund Raisers

• Does pre-call planning and research• Has prompt follow up• Knows how to negotiate • Establishes a “relationship”• Sets and Achieves goals • Is able to create a sense of urgency• Is creative in providing solutions• Seeks a win-win situation

Major Gift Process

Donor Perspective

• Ignorance• Awareness• Interest• Experience• Participation• Ownership

From Advancement Resources LLCCedar Rapids, IowaJoe Golding, President(866) 398-3376www.advancementresources.org

Institution Perspective

• Preparation• Planning/

Strategy• Donor

Interaction• Donor Response• Stewardship

Gift Engagement Process

PreparationPlanning/StrategyDonor InteractionDonor ResponseStewardship

Distribution of Gifts

Principal Gifts: 7 & 8 figure 30 asks 25 closes 85% close rateMajor Gifts : $100K - $999K 900 asks 300 closes 33% close rateLeadership Gifts: $10K-$100K 500 asks/yr 250 closes/yr 50% close rateAnnual Fund/ Annual Giving

thousands of asks/yr

Why support higher education?

Investment in creating KnowledgeA Gift that can solve real world

problemsInstitutional SecurityLegacyEmotional ConnectionLoyaltyConfidence

Why Not?

• Wrong Idea

• Wrong Time

• Wrong Amount

YOUR QUESTIONS?