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Seeking Funding for CommunityUniversity Partnerships

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Being a charity is no longer the same as being an organisation that does ... Although exempt charities, universities must still be able to satisfy the public ... – PowerPoint PPT presentation

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Title: Seeking Funding for CommunityUniversity Partnerships


1
Seeking Funding for Community-University
Partnerships
  • Mrs Sam DaviesDirector of Development
    AlumniThursday 2nd April
  • Cupp Conference II

2
The view from the UK bridge
  • Fundraising in the UK higher education context
    currently faces
  • A huge opportunity
  • A growing trend
  • And a new challenge

3
A huge opportunity!
  • Help us solve the formula!

4
The huge opportunity
  • The Government Matched Funding Scheme
  • Eligible gifts to participating institutions will
    be matched through a fund of 200million.
  • Institutions will receive matched funding
    according to their place in one of 3 tiers.
  • Scheme started on 1st August 2008 and will run
    until 31st July 2011.
  • Intention is to create a culture of giving to
    universities and to increase participation of
    alumni and friends.

5
The huge opportunity Govt Matched Funding
  • The cap level for tier 1 is 200,000.
  • The cap level for tier 2 is 1,350,000.
  • The cap level for tier 3 is 2,750,000

6
The huge opportunity Govt Matched Funding
  • What donations count under this scheme?
  • Eligible gifts are donations of cash or shares
    which are given voluntarily with philanthropic
    intent for the benefit of the institution. After
    receipt, the institution must own the donation in
    full, and any work, project or intellectual
    property that results. There must be no
    contractual conditions attached to the donation.

7
The huge opportunity Govt Matched Funding
  • What donations count under this scheme?
  • A donor can request that a specific area should
    benefit from their donation (for example,
    research, a school or faculty), but this cannot
    become a condition of the donation. The
    institution may report informally on the use or
    impact of their donation as appropriate, but the
    donor may not retain any explicit or implicit
    control over it. Neither can the donation benefit
    the donor - the donor should not receive
    exclusive information or rights, promotion or
    sponsorship (indirectly or requested),
    preferential consultancy arrangements, or any
    other forms of financial benefit.

8
How can this huge opportunity can help you?
  • Universities will be looking for ways to ensure
    they can maximise the match on offer.
  • They might be on the lookout for new partners and
    new projects.
  • Access to new potential donor/volunteer
    audiences, e.g. alumni and friends of
    institutions.
  • Tell institutions that you know about the scheme
    and want to help them to promote the scheme.

9
A growing trend
  • Social Entrepreneurship

10
The growing trend Social Entrepreneurship
  • Social entrepreneurship is the work of a social
    entrepreneur. A social entrepreneur is someone
    who recognises a social problem and uses
    entrepreneurial principles to organise, create,
    and manage a venture to make social change.
  • Whereas a business entrepreneur typically
    measures performance in profit and return, a
    social entrepreneur assesses success in terms of
    the impact s/he has on society. While social
    entrepreneurs often work through nonprofits and
    citizen groups, many work in the private and
    governmental sectors.

11
The growing trend Social Entrepreneurship
  • The terms social entrepreneur and social
    entrepreneurship came into widespread use in the
    80s and 90s.
  • The non-profit organisation Ashoka Innovators
    for the Public was founded in 1981 by Bill
    Drayton in support of social entrepreneurship.
  • From the Ashoka home page (www.ashoka.org)
  • Over the past two decades, the citizen sector
    has discovered what the business sector learned
    long ago There is nothing as powerful as a new
    idea in the hands of a first-class entrepreneur.

12
The growing trend Social Entrepreneurship
  • This new type of philanthropist seeks close
    involvement in projects and possess the desire to
    fully understand the activity they support.
  • They apply the same criteria to a charitable
    donation as they would to a business investment.
    They take the view that they are not just going
    to write a cheque and forget about it. They want
    to know for certain that their money is working
    hard.
  • Quote from Arpad Busson, the driving force behind
    ARK, (Absolute Return for Kids)
  • We wanted to apply our business experience to
    philanthropy, to measure rigorously the outcomes
    of our work, and to be accountable to our
    supporters about how their money is used. We also
    set out to get the best management teams to
    deliver excellent projects for children.

13
How can this growing trend can help you?
  • Engaged partners as opposed to benevolent distant
    supporters.
  • Wealth of expertise, knowledge, contacts become
    accessible.
  • More of a business approach in support of social
    goals.
  • Social entrepreneurs may already be associated
    with their universities.

14
A new challenge
  • Satisfying public benefit rules

15
The new challenge Public Benefit
  • Under the Charities Act 2006, all charities must
    demonstrate that they are established for public
    benefit.
  • Public benefit is the legal requirement that
    every organisation set up for one or more
    charitable aims must be able to demonstrate that
    its aims are for the public benefit if it is to
    be recognised, and registered, as a charity in
    England and Wales.
  • Charities have a kind of covenant with society
    charities bring public benefit and, in their
    turn, are accorded high levels of trust and
    confidence and the benefits of charitable status.
  • Benefits are considerable significant tax
    advantages, access to specific funds, time and
    money from volunteers and donors, etc

16
The new challenge Public Benefit
  • Being a charity is no longer the same as being an
    organisation that does good things
  • Charities need to be able to demonstrate the
    public benefit they provide and trustees must
    report on the same.
  • Although exempt charities, universities must
    still be able to satisfy the public benefit rules
    and report on the same.
  • Universities may need to look outside their
    immediate environment to seek projects which
    assist them in satisfying the public benefit
    rules.

17
How can this new challenge can help you?
  • Community engagement will assist universities in
    satisfying the public benefit rules.
  • More opportunities for interaction and
    collaboration may arise as a result.
  • Chance to open up horizons for unenlightened
    institutions?
  • Links with universities could increase your
    profile.
  • You can make approaches to universities armed
    with knowledge of public benefit rules.

18
In conclusion
  • Be aware of what faces the university fundraising
    sector at present and be proactive in making
    contact.
  • Take advantage of the moment and opportunities,
    trends and challenges ahead!
  • ANY QUESTIONS?
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