Faced with daunting new times challenging libraries’ traditional reliance on public sector sources, such as sales and property taxes, bonds, grants and contracts, city/county budgets, etc. participants will learn how to augment these funds with previously lesser known or overlooked opportunities in the private sector. This presentation will provide an empowering tool kit of the latest proven “best practice” strategies and techniques designed to unlock new revenue streams to close the income gap in operations, or provide capital funding needed to maintain a modern library system. A prime vehicle for this can be establishing or growing a non-profit fundraising foundation solely committed to supporting its library’s mission. You’ll learn basic principles of • building a foundation board that’s representative of the communities served • working in collaboration with the library, its various volunteer groups, and agencies that complement its programming and resources • creating and sustaining a successful fundraising plan • building a diverse donor family of individuals and institutions looking for ways to support their communities, and • overcoming perceptions that often stifle interest in fundraising and actually discovering how mutually rewarding fundraising can be for both foundation members as well as the donors.
Learning Objectives:
Participants will learn about the emerging need for stronger private sector fundraising as traditional models based on public sector sources evolve
Participants will lean basic principles of fundraising in an upbeat way that will also help them overcome typical perceptions of fear in fundraising.
Participants will learn the basic organizational and structural components needed to establish and grow a successful Foundation.