warwick match together we can make a difference… mary mcgrath, director of major gifts faye...
TRANSCRIPT
Warwick MatchTogether we can make a difference…
Mary McGrath, Director of Major GiftsFaye Jennings, Deputy Director of Annual Giving
Session Objectives:• To give an overview of the work of the
Development & Alumni Relations Office.• To provide an understanding of the Government
Matched Funding scheme and how it can benefit Warwick.
• To help staff understand how they can be involved in maximising this opportunity.
DARO - What We Do
• Alumni Relations team – interface with 130,000 alumni worldwide
• Annual Giving – encouraging a culture of giving amongst alumni and friends
• Major Gifts Team – relationships with trusts and foundations and prospects giving greater than £1k
• Support functions of research, finance, gift administration and database
Improving how we engagewith alumni…
• Waiving Subscription to WGA
• Increasing giving (participation and income)
• Giving graduates a greater voice and presence in University affairs
• Alumni Weekend
• Digital Communications
Improving our Services…
• Prospect Management System• Completed First Ever Wealth Screening• Regular team meetings with emphasis on
knowledge sharing between DARO and other departments
• Institution of the ‘Major Gift’ team to bring about a co-ordinated approach to prospect management and campaigns
Fundraising Results at Warwick
TOTALS BYFINANCIAL YEAR
TOTAL INCOME RECEIVED
TOTAL RAISED (Fundraising Progress)
FY 02-03 £388,062.35 £401,303.59
FY 03-04 £599,825.04 £2,681,533.96
FY 04-05 £2,541,184.01 £5,308,549.48
FY 05-06 £2,852,709.84 £1,831,114.05
FY 06-07 £2,154,437.35 £2,770,939.61
FY 07-08 £2,357,251.00 £2,342,787.00
Totals £10,893,469.59 £15,336,227.69
DARO Targets for
2008
Activity Pledged in 08/09
Expected Income in 2008/09
Outstanding Pledges 1,200,000
Capital Centre
WMS 1,600,000
WBS 800,000
Annual Fund 330,000
Warwick in Africa 500,000
Arts Centre 1,200,000
Chemistry 250,000
PGR 250,000Student Union 75,000
IAS 50,000
MSP 50,000
UG Scholarships 75,000
IGGY 200,000
Islam 300,000
Caribbean Studies 20,000
Library 200,000
Warwick CommissionOther inc. WISER
200,000300,000
Total 6,400,000 2,133,333
Matched Funding 500,000
3,833,333
An example conversation
between a Student Caller and a Warwick Graduate!
Warwick Match
• Aim = to increase charitable income and participation
• £200 million available to Higher Education institutions in England until July 2011
• Up to £2.75 million is available to Warwick in the form of matched funds
• Matching ratio = additional £1 for every £3 raised• Warwick will match gifts from new donors and
increased/additional gifts from existing donors
What income is eligible?Only gifts are eligible for matched funding.HEFCE states that a gift is…• A voluntary transfer of money by a donor, made with philanthropic intent.• After receipt, the gift must be owned in full by the receiving institution.• The recipient institution must retain complete ownership of any resultant work or project.• The donor may not retain any explicit or implicit control over a gift after acceptance by an institution.
How can Warwick staff be involved in maximising this opportunity?
All philanthropic income should be directed through DARO in order to benefit from Gift Aid and Warwick Match.
Please contact DARO for advice on philanthropic income and Warwick Match.
Case for Support• Prospectus of funding opportunities in support of
Vision 2015– Health– Community– Scholarship– Responsibility– Culture
• Imminent review of potential for a Warwick Campaign to raise £50 million by 2015
How Warwick will raise its £50 million…
FY 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2104-15 2015-16 TOTAL
Lead Gifts 1,250,000 2,750,000 3,000,000 3,250,000 3,500,000 4,000,000 5,000,000 6,500,000 6,500,000 35,750,000
Major Gifts 750,000 850,000 945,000 1,000,000 1,100,000 1,200,000 1,500,000 2,000,000 2,425,000 11,770,000
Annual Fund 200,000 220,000 242,000 266,200 292,820 322,080 354,288 389,716 428,688 2,715,792
50,235,792
Thank You!Q & A and Discussion
Contact [email protected]@warwick.ac.ukWebsite: www.warwick.ac.uk/go/giving
HEFCE Matched Funding FAQs can be found at…www.hefce.ac.uk/Finance/fundinghe/vol/faq/