How we raised $100,000 for charity in one day.
June 22, 2009 Miscellaneous, Guru thoughts on life No CommentsJust about all of us have, at one time or other, been motivated to raise money for charity. It could have been after being emotionally moved by some televised fundarising event, sitting in on a presentation for a worthy cause or, as is more often the case, as the result of an event that deeply affected us personally and acted a catalyst for action.
Last week, I had the privilege of participating in a one-day event that raised $100,000 to be donated to a local hospital foundation’s expansion project. In and of itself, this doesn’t compare to the massive amounts raised by the many fundraising machines that drive revenues for orgnaizations. In fact, it’s a drop in the bucket. The significance of the result lies in the fact that it was raised entirely through the efforts of a small group of volunteers, with no budget allocation and in spite of a shorter-than-normal planning schedule.
This is a relatively-unkown event in our area. The dual purpose of the Plowing Fore a Cure Legacy Golf Tournament is to increase awareness of the contribution agriculture makes to our community and raise money for the fight against cancer, specifically directed to the Ottawa Hospital Foundation’s 20/20 Fundraising Campaign.
Here are the contributing factors to our success. We were able to re-connect with past golfers and prize donors who were happy to return to what they perceived was a successful and worthwhile project. We actively leveraged each of our networks to access new contacts and donations. We hosted this year’s tournament in memory of a recently-deceased committee member, which unexpectedly brought us a five-figure sponsorship linked to his name. We benefitted from our association with the local hospital foundation to create an exponential growth factor in the funds received.
Here are five components that led to our unexpected financial outcome:
1. Belief: this volunteer group firmly believes in the foundational factors that encompass the event. The core group returns every year, believing in the value of both the tournament and its capacity to contribute to our community. It has become as much an annual reunion as it is a fundraising project.
2. Persistence: The event was created as a part of a recovery program from a less-than-successful agriculture-related event (a whole separate story) eight years ago, and has existed in its current format for six years . Each year has brought its successes and challenges, but with each one has come growth, experience and the confidence in our ability to succeed.
3. Partners: One of the critical success factors for our event has been the ability to attract and include event partners who have bought into our vision: from long term partnerships with the local agriculture associaton and our golf course partner (Emerald Links) who, year after year, has been there, to annual partners who have contributed their money, expertise or resources.
4. Opportunities: Each successive year has brought a new environment with its own unique set of circumstances. Each one has proven to hold opportunities we were able to identify and benefit from. We have started each year with new optimism, hope and the firm belief we could make a difference and, difficult as it is to believe, it has worked.
5. Leverage: represents the single most important factor that has contributed to the on-going success of the event, and the perfect storm that created this year’s amazing financial outcome. From volunteers who leveraged their networks to get golfers and prizes, to leveraging personal networks and expand on a unique “in memory of” component, to leveraging the local business community through links with both the event and its purpose, to leveraging donations with our matching funds component to maximize the impact of money recieved.
No matter what your reasons for raising money for a charity, use these five key areas effectively and watch your project grow and succeed.
Michael Hughes is the co-chair of the Plowing Fore a Cure Legacy Golf Tournament that in 2007 pledged to raise $100,000 over a five-year period, with all profits donated to the Ottawa Hospital Foundation’s 20/20 Fundraising Project. It is eligible for an Ontario Government matching funds component of $2.30 for every dollar raised. If you would like to make a donation, please contact info@PlowingForeaCure.ca
