Funding Forum 4: Attracting Business Sponsors for
Lights On Afterschool and Beyond
Welcome to the Afterschool Alliance online Funding
Forum. Here we will host online chats with funding
experts to answer your questions. We'll also feature
guest columns and interviews with your peers and outside
specialists. Click
here to send us your funding questions or requests
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This funding chat builds off the previous chat with Thomas Buckley of AT&T (see Funding Forum 3) and responds to questions about attracting business sponsors for Lights On and beyond. Lights On Afterschool is October 12th and in past years a number of afterschool programs reported success in recruiting business sponsors of their program using Lights On Afterschool as the initial hook. Below are responses to the most frequently asked questions regarding recruiting business sponsors for Lights On Afterschool.
I don't have good business connections. How can I build them?
Try tapping into your social network to see what connections you already have that may not be on your radar. For example, possible business connections might exist through a third party such as members of your board, staff, or parents. Contact these individuals to see if they would be willing to make an introduction. To increase your own business connections, take advantage of networking opportunities to connect with the business community by attending your town's Chamber of Commerce meetings or consider becoming a member of business groups like the Kiwanis, Rotary or other such groups.
2. Which businesses should I concentrate on reaching out to? Are there particular industries that are more sympathetic to afterschool causes?
While for-profits that are youth-related
are usually more likely to consider sponsoring an
event focused on youth, don't limit yourself. Companies
are always looking for a direct connection to their
consumers and the community. Lights On Afterschool
provides that, and thus, is an ideal opportunity
for any business, especially a local one, to interact
with people from the communities they serve. We
have found that the banking community and utilities
(water and energy companies) have been especially
receptive.
3. I've never done any fundraising
before, how do you get started?
The primary reason that most businesses
do not donate money is because they were not asked,
so the first thing you need to do is to ASK! But
before you approach a potential sponsor, create
a plan to articulate what you need and why you need
it. For example, will an additional grant allow
your organization to serve more children or to provide
more services? There is no one-size-fits-all strategy
to successfully recruit a potential sponsor. For
example, some sponsorships can be as simple as dropping
by the local pizzeria that you frequent to ask for
an in-kind donations of food or drink for your Lights
On Event. Another sponsor might require you
to create a formal proposal according to their organization's
guidelines. You must do your homework and research
each potential sponsor to customize the best fundraising
approach.
4. What do you do when a sponsor turns
you down?
Do not be discouraged by a "no" because sometimes "no" might mean "not now, but maybe later". There are many reasons why you might have gotten turned down by a potential sponsor, but you won't know until you ask. Use the opportunity to find out why you were turned down because that can help you refine your approach and lay the groundwork for a possible future "yes". Finally, remember that nine out of ten groups you approach may say "no" but it's that final "yes" that counts!
5. There are a lot of organizations
competing for just a few business sponsors in our
(rural) community. How can I compete?
Consider ways that your organization
might team up with other groups in the community
to collectively recruit sponsors for Lights On
Afterschool. This is a great opportunity to
build important community partnerships that can
expand your organization's network. Additionally,
these partnerships are attractive to sponsors because
they can get maximum exposure through their contributions.
6. We already have a sponsor but we
want them to increase the amount they that are giving
to us. What is the best way to approach them to get
the increase?
First, congratulations on maintaining a successful relationship with your sponsor! To grow that relationship, it is important to continually cultivate and recognize the sponsor's contribution. Before asking for an increase, thank the sponsor for their support and articulate how the sponsor's contribution has benefited your organization. Then, consider creating different sponsorship levels to give the sponsor greater benefits and recognition.
7. How can we get the parents involved
in fundraising for our program?
Parents can be helpful allies to recruit
sponsors and to explore creative opportunities to
get in-kind donations. It is important to let them
and other contacts in your organization know about
your program's needs. Encourage your parents to
take advantage of their connections with the business
community to help your organization's development
plan. One organization asserts that the key to their
success in securing resources for their Lights
On Afterschool event is by capitalizing on the
valuable contacts that their parents could tap into.
For example, one parent who worked at a local Starbucks
helped them get Starbucks to provide free coffee
for their event.
8. Where can I get more information
about business sponsorship of afterschool programs
and especially sponsorship of Lights On Afterschool?
Check out the Funding and Sustainability section of our website at www.afterschoolalliance.org/funding_main.cfm. Under the heading, "Fundraising through Sponsorships", you'll find links to tip sheets for getting and keeping sponsors for Lights On and case studies for Lights On related fundraising.
For more information about building better relationships with business, you may also want to check out the afterschool resources from Corporate Voices for Working Families at www.cvworkingfamilies.org/Afterschool/Afterschool.htm