FundSvcs Community

Good Morning, As we work to expand our fundraising efforts with day of giving and crowdfunding, we are being asked to consider lowering or eliminating our fund minimum, for current use funds. Since our minimums are established through board approved policy, we recognize any change will need to go through those channels. I am curious if others have considered making changes either overall or specifically to support these types of initiatives that are short and have a specific focus. I am also curious how others are handling a department or student org who wants to start a project, such as crowdfunding, if they don’t have an existing fund established? Thanks, Michele mlmiller@bsu.edu

I wrote a related paper on this topic last fall that you might find useful. Please go to my website resources and look under the Management listing of papers I have written. It's called "How to Avoid Unnecessary Fund Creation": http://www.johnhtaylorconsulting.com/advancement-program-resources.html John John H. Taylor Principal, John H. Taylor Consulting 2604 Sevier St. Durham, NC 27705 johntaylorconsulting@gmail.com 919.816.5903 (cell/text) Serving the Advancement Community Since 1987 On Wed, Jan 30, 2019 at 9:57 AM Michele <mlmiller@bsu.edu> wrote: > Good Morning, > > As we work to expand our fundraising efforts with day of giving and > crowdfunding, we are being asked to consider lowering or eliminating our > fund minimum, for current use funds. Since our minimums are established > through board approved policy, we recognize any change will need to go > through those channels. > > I am curious if others have considered making changes either overall or > specifically to support these types of initiatives that are short and have > a specific focus. > > I am also curious how others are handling a department or student org who > wants to start a project, such as crowdfunding, if they don’t have an > existing fund established? > > Thanks, > Michele > mlmiller@bsu.edu >