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Local fundraising example:
Book bank scheme ..... and much more

Main characteristics

Fundraising method

Fundraising with corporations
Fundraising with individuals
Sales of products

Rural/Urban

Rural and Urban

Net fin result (€)

89,700

ROI

0

Time investment

Varies per fundraising activity.

Organisation Realising Education for Development (READ)
Website http://readtanzania.or.tz/
Type NGO
Suitability Slightly experienced
Country Tanzania
Funding needed for READ's various programmes
Period of action Book Bank Scheme, corporate engagement - continuing; monthly individual giving - 2017-2019; consortium proposal writing - once a year; fundraising dinner/event - once a year, often in November; grants foundations - 2 foundations per quarter.
In-kind donations raised

Books

Types of donations

Financial contributions, sponsor money

Types of donors

Corporates, foundations and individuals

Summary

Book Bank Scheme: This is a project where individuals donate books, both used and unused, and READ sells them to collect funds to buy locally published fiction and text books to donate to schools.

Monthly individual giving: READ has initiated this as a three year campaign where individuals will be contributing not less than 5000 TZS (2.1 Euro) monthly for three years from 2017 to 2019, in order to increase local commitment. READ will continue to encourage as many people as possible to donate whatever amount they want.

Corporate Engagement: READ engages different corporates which operate locally and have an interest in what READ does. They fund their programmes as a social return to the community, but also to increase their visibility.

Consortium Proposal Writing: This is new initiative; READ partners with likeminded NGO’s who together write one proposal with the same focus. When funding is pledged the programme is also implemented together.

Fundraising dinner: This is another new initiative. READ expects to engage individuals/good Samaritans, businessmen, new corporates, government stakeholders, etc.

Grants Foundations: READ is writing proposals to different foundations within and outside the country.

Tips and lessons learned

Lessons:

  1. The big lesson is: local fundraising makes your organisation more sustainable. An organisation needs local funds, especially when grants from outside to keep your projects moving are diminishing.
  2. Successful fundraising with corporates takes time. Corporates are living in the profit making world; although they have corporate social responsibility their main concern lies with the targets of their company. Therefore you need patience and create possibilities for engagement. When they see tangible results they trust you and keep working with you.
  3. Local people are willing to donate for the development of their own country, what you need to do is to raise more awareness and to be able to show how much value for money they are getting.

Challenges:

  1. Not all corporates you try to engage are willing to donate, some can even promise and when you reach the point of signing the MoU they turn down the offer, this is sometimes because of the review of their market plan, management change etc.
  2. Another challenge is the fact that local funding is short-term. Though corporates/individuals might be happy to fund you this year, that is no guarantee that they will fund you in the coming years. No partnership agreement goes beyond a year.
  3. No corporates/individuals READ has engaged so far are ready to fund operational costs.

Review by Wilde Ganzen Foundation

READ has obviously understood the importance of not putting all your eggs in one basket. They are applying different fundraising techniques and are constantly thinking of new strategies that could be profitable. In order to be more successful in (inter)national fundraising, they co-operate with other NGO´s and write joint proposals. But READ also wants to concentrate on local fundraising and turn this into a reliable source of income. New initiatives have been developed and are now being put into practice. One of the biggest challenges that READ mentions is: how to keep your donors (corporates and individuals) happy, so that they will choose to contribute to your work in years to come. For all of you who are struggling with this problem: the Change the Game Academy offers a course on Donor Relations Management that teaches you how to stimulate existing donors to increase their contribution and/or to donate more frequently.

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