In this May 2009 issue:

Corporate fundraising
Application check
Dates for the diary
Vacancies
Special offer to Midas
Gift Aid
About Midas



Current Midas client: The Esther Benjamins Trust

This month, Midas’s Roger Holden gives us his take on how corporate fundraising should never be pigeonholed… 

A brave new world? 

As everyone knows charity income is being hit hard by the economic downturn and - it is suggested by the so-called experts - corporate fundraising most of all.  Corporate income contributes a paltry 1-3% of the total voluntary income so perhaps this doesn’t much matter.  However indirectly it makes a bigger contribution. 

Most people understand corporate fundraising in terms of Charity of the Year, Cause Related Marketing, affinity marketing deals, gifts in kind, trusts/foundations and volunteering.  The larger charities seemed to get the lion’s share – though there are enough examples of much smaller charities doing exceptionally well in these areas.  However many charities, even very small ones, are involved in some form of corporate engagement.  A captain of industry is a potential major donor; could be sitting on the board of a trust or supporting a fundraising event.   Whichever way one looks at it, there’s the possibility of a corporate connection. 

These disciplines are viewed as separate functions with their own income/expenditure lines and often compete with each other.  Information, knowledge, experience and charity resources are parcelled in different silos.  However, the inter-disciplinary nature of corporate fundraising offers a link between them.  This could be called business development.  Business development is a frame of mind: seeing the opportunities, hatching plans, looking for points of differentiation from other charities, maximising networks and channels to market.  People in business development tend to look for potential in what could happen. 

Smaller charities are well placed to take advantage of this attitude of mind.  They often have a strong organisational vision, allied to good personal networks, the ability to grasp opportunities and act quickly.  These organisations have their share of single-minded individuals.  They sometimes have already good corporate links through individual supporters.   

It isn’t easy cultivating business development opportunities when there is so little time and people are already experts in multi-tasking.   This is the time to identify employees within the organisation who could help.  Give these individuals encouragement in exchange for their insights and ideas. Set a clear brief: listen, support and facilitate action.  There is always the risk of failure but in the current climate, doing nothing and battening down the hatches is potentially a more dangerous strategy.  

The consultancy route is well suited to this approach.  Midas has a wealth in formulating ideas and using a variety of disciplines to find funding –within an agreed time and giving the charity additional capacity. Implementing new ideas shouldn’t be expensive.  The best (and most cost effective) are often the simplest.  In any event, it is important to develop a business plan with projected costs and income. 

There is no point pretending that any of this offers guarantees for the future: all of us are living through a period of uncertainty.  But adopting a more entrepreneurial business development turn of mind and reviewing received wisdoms must be as good an option as any for generating income in the future.

To contact Roger email him at rogerholden@midasappeals.org.uk

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Application Check

If you are in the process of preparing a concept note or an outline application to a funder or you already have been successful at the first stage and are now preparing your full application and feel you need an expert eye to improve the quality of your application, now is the right time to consider using Midas Charity Appeals’ application check service.   

Fabienne Poulet, one of the Midas partners, has been working successfully with a range of international development, social welfare, health and environmental organisation and projects to help them to improve the consistency, clarity and appeal of their major grant applications, budgets and logical frameworks. 

Application check takes between 1 and 6 days depending on the length and complexity of the application.  It always results in an application that more closely fits the funder’s priorities and more effectively communicates your project’s objectives and activities. Contact fabiennepoulet@midasappeals.org.uk

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Dates for the diary

Midas in Hove on 18th June 

Three local firms of accountants, solicitors and advisors join Midas to pool advice for charities on how to tackle the downturn in voluntary giving at a free seminar in Hove on June 18th 6.15-8pm.  There is an opportunity for a one-to-one on specific fundraising issues with Fabienne Poulet, Midas partner or Ian Kerr, Midas founder.  A light buffet, drinks and opportunities for networking will be provided.  Further details from Ian Kerr at iankerr@midasappeals.org.uk

Afghanistan from the Inside on 2 July 2009 at 7 pm at the Royal Geographical Society, Kensington Gore, London SW7 2AR

The BBC’s George Alagiah interviews Christina Lamb, Foreign Correspondent of the Year 2007.  This fundraising event and book signing in aid of BookPower will offer rare insights from an acknowledged expert on Afghanistan, with long inside knowledge of this lawless, violent land. Entry £20 (includes £15 donation to the charity).  For further details visit www.bookpower.org/latest.htm

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Vacancies

 Chair and Trustees

POWER International is a small charity with a wide reach, working in Mozambique, Zambia and Laos supporting disabled people and their organisations to improve their life choices and opportunities.  They are seeking to appoint a number of Trustees, including a new Chairperson, to provide strategic advice and specialist input.  Preferred candidates will have strengths in one of the following areas: management leadership; major donor initiatives in the UK; overseeing projects overseas.  The charity especially welcomes applicants with an understanding of disability and needs in developing countries.   Interested applicants should email Sarah Hodge in the first instance, supplying their CV, to sarah@powerinternational.org


 Director at the A -T Society, Harpenden, Herts.  Salary  £40,000
 

The A -T Society was established 20 years ago to meet the needs of those suffering from the rare neurological disorder Ataxia-Telangiectasia.  From a standing start the Society has become a national charity supporting medical research, disseminating information and providing equipment necessary for the day-to-day living with a severe disability.  The Society funds two specialist clinics, employs a dedicated Family Support Worker and enjoys the support of committed voluntary fundraisers throughout the U.K.  The post holder will be responsible for all aspects of strategic planning and day-to-day management as well as fundraising.  The closing date for applications is Monday May 25th.  To apply please send a CV and a letter explaining the reasons for your interest to atsociety@btconnect.com 


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The Window is the trading arm of educational charity EnlightenNext.  The charity hires out its conference and meeting rooms to many charities, corporations, and training companies.

The Window is London's only exclusively vegetarian conference venue and is offering Midas readers a 10% discount on all bookings before December 2009.  www.thewindow.org.uk

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Changes to the wording of Gift Aid declarations

Any charities taking advantage of Gift Aid should review the wording of their Gift Aid declarations.  HMRC has published revised recommended wording, which includes changes to the statement by the donor confirming that they will have paid sufficient tax to cover the Gift Aid being reclaimed.  The statement must now include the dates of the tax year.  For further details, see www.hmrc.gov.uk/charities/appendix_b1.pdf

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About Midas

Established in 1977, Midas delivers quality hands-on fundraising services, strategic advice and training to charities and not for profit organisations in London, the South of England, East Anglia and the West Country.  A team of 10 fundraisers, with a wide range of skills and experience raise funds for core costs and projects, including overseas, from UK and EU statutory funders, grant-making trusts, wealthy individuals, companies and many other potential income sources.  


Additionally, Midas offers mentoring to individuals/teams, help with fundraising communications and strategies, and an Application Check service including Monitoring & Evaluation, which gives charities access to experts in Big Lottery, European and Trust fundraising prior to the submission of major applications.  

Midas Charity Appeals is a Limited Liability Partnership No. OC333575. The partners are Catherine Farrell, Lesley Hynes, Fabienne Poulet and Martin Shaw. 

If this newsletter has been forwarded to you and you have found it of interest, please sign up to the Midas newsletter yourselves by emailing: martinshaw@midasappeals.org.uk  Midas can be contacted at 020 3271 0036 or email us on info@midasappeals.org.uk or look at our website http://www.midasappeals.org.uk

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