Articles with Tag ‘nonprofit’

Social service agency’s fundraising

Friday, June 25th, 2010

Six months ago the nonprofit social service agency launched a campaign to raise $4.5 million to pay off mortgages on five properties in Oceanside and Escondido, so more money could be devoted to services for low-income, homeless or underserved residents.

The agency is now within $1.5 million of its goal.

Once those funds are found, Interfaith will pay off the mortgage on a 72-bed transitional housing complex for homeless veterans in Oceanside, said Greg Anglea, the agency’s director of development.

The drive has already paid off mortgages on four housing projects in Escondido and San Marcos that serve families, battered women and the mentally ill.

Anglea said the campaign was launched at a critical time.

Compared to the same period two years ago, “we’ve had a 52 percent increase in the number of people coming through our doors every day with people needing food, shelter and other services, and a frighteningly similar 54 percent decrease in funding,” he said.

In the last fiscal year, the agency served 33,700 people, Anglea said.

With the mortgages paid off, the agency will free up $370,000 a year in its $9.5 million annual operating budget to spend on services to an increasingly stressed clientele struggling to find footing during the recession.

“That’s almost 4 percent of the whole budget. That’s massive,” Anglea said.

The final push has been aided by the Leichtag Family Foundation, which has issued a grant of up to $1 million to match any other donations.

The transitional housing for homeless veterans — the remaining mortgage yet to be retired — opened a year and a half ago in three apartment buildings near downtown Oceanside. In that time, 91 men and women have graduated successfully, which is defined as having a steady income, permanent housing to move to and the demonstrated ability to live independently. Anglea said that’s a success rate of 79 percent.

The program offers the veterans job training, counseling, life-skills programs, substance abuse treatment and other help.

“I don’t know what I would have done without them,” Travis Carter said.

Carter was stationed at Camp Pendleton when he completed his eight years of service in the Marine Corps in May 2008. He and his wife, who is a Marine, split up. By December 2008, Carter was without a job, with nowhere to live and in despair over his inability to care for his three young children.

“I didn’t have anywhere to go. It was just me and my truck,” he said.

Carter stayed at Interfaith’s Oceanside facility for a year while he got his life back on track. He now is working full time, attends MiraCosta College and, in April, moved into a two-bedroom apartment.

“Interfaith helped me set goals so I could see what I was slacking on and what progress I had made. That helped me to not get so down on myself,” he said. “I was able to save $8,000 there so now I have an apartment and a place for my kids. That was my biggest goal.”

via Social service agency’s fundraising on track – SignOnSanDiego.com.

Social Entrepreneurship Brings Challenges

Thursday, May 13th, 2010

As more charities develop business ventures to further their missions and generate revenue, a series of challenges is erupting both for organizations and for fund raisers, according to a panel of fund-raising consultants who met in Baltimore just before the Association of Fundraising Professionals opened its annual meeting.

Charities that are successful at raising money through social entrepreneurship may have a harder time making a case to donors that they still need to provide support, noted Kristina Carlson, president of Ketchum, a Pursuant Company, in Dallas. She spoke about a charity she has worked with that had gone public with a business venture, raising $300-million in an initial stock offering. “Their major-gifts officer quit,” she said.

On the other hand, the opportunity to invest in certain business ventures by nonprofit organizations—such as helping to bring new drugs or medical treatments to market—can spark supporters' imagination, said Peter J. Fissinger, president of Campbell & Company, in Chicago. “Donors are very interested in contributing to future of our economy.”

But as with for-profit entrepreneurs, business ventures always carry risk, as audience member Henry (Hank) Goldstein, a partner in the Oram Group, in New York, noted. “You have an inalienable right to go broke,” he said. “Just because your heart is pure and your motivation sincere, doesn't mean you won't fail.”

The panel was moderated by Holly Hall, a Chronicle features editor, and sponsored by the Giving Institute and Giving USA Foundation.

Technology’s Limits

Speakers also debated the role of technology and data analysis in modern-day fund raising. Some panel members said that too many fund raisers are leaning too heavily on those tools at the expense of face time with supporters. Ideally, fund raisers should spend 70 percent of their time with potential donors, says Keith Curtis, founder of the Curtis Group, in Virginia Beach, Va.

“If they're just sitting in their office looking at things, either they're not going to have a job, or the nonprofit isn’t going to last,” said Mr. Curtis.

While charities’ efforts to raise money from social networks like Facebook have thus far not lived up to the hype, Ms. Carlson said that nonprofit groups should still look to such outlets as a way to prove broad support for their causes to donors, many of whom are “obsessed” with the wonders of Web 2.0.

“How many of you have been in a meeting with a major donor who asked, ‘What are we going to do about Twitter? What’s our social-media strategy?” she asked.

Having a robust presence online, she said, allows charities to go back to those same donors and say, “Look, we have this online community, there are all these young people who care about this cause, we just need your money to take it to the next level.”