Presentation on theme: "WCS Development Overview 1 Presented to the Development and External Relations Committee WCS Board of Trustee Meeting June 15, 2009 Librado Romero/The."— Presentation transcript:
WCS Development Overview 1 Presented to the Development and External Relations Committee WCS Board of Trustee Meeting June 15, 2009 Librado Romero/The New York Times
GALA: Fundraising success! Because there is absolutely nothing cooler than partying with sea lions Vanity Fair
GALA: Fundraising success! Over 600 guests filled 3 beautifully decorated tents at Central Park Zoo on June 10 th
GALA: Fundraising success! All to honor the Wildlife Conservation Society and celebrate the opening of the Allison Maher Stern Snow Leopard Exhibit at Central Park Zoo
GALA: Fundraising success! WCS raised $1.8M from gala ticket sales, the WCS Gala journal, and donor contributions
2009 Fundraising Update For the 11 months ending 5/31/2009, overall fundraising is trending up vs. the same period last year 11 FY09 YTDFY08 YTD YTD Variance % chg Individual Giving $17,290$15,058$2,23215% Foundation Giving $15,283$15,856($573)-4% Corporation $2,127$4,562($2,435)-53% Bequests $3,793$2,130$1,66378% Events (Gross)$1,392$1,652($232)-14% Membership $9,706$9,336 $3694% TOTAL$49,713$48,615 $1,0972%
2009 Fundraising Update: Individual Giving Donor Category FY 2009 FY 2008 Variance # of Donors $ Total# of Donors $ Total # of Gifts$ Total $1M or more 8$9,4574$6,763 4$2,694 $250K-$999K 5$1,8464$1,481 1$365 $50K- $249K 39$3,73238$3,616 1$116 Total52$15,03546$11,860 6$3, Accounts for 35% of total--the biggest area of fundraising for WCS Strength driven by closing campaign gifts and developing major gift commitments Because of the intensified focus on major gifts this year, we have seen a growth in gifts of over $50K, particularly those over $250K. Gifts of over $50K represent 87% of the Individual Giving total
2009 Fundraising Update Though overall results are strong, total operating support is -2% YTD. Softness in some of our fundraising programs such as paid events and corporate philanthropy have impacted general operating and unrestricted support. As such, we are facing a $500K shortfall in Unrestricted fundraising 13 GoalRaised to Date Variance General Operating Support $4.6M$4.2M $400K Global Unrestricted $3.8M$3.7M $100K
2009 Fundraising Update: Board Giving Board annual giving fuels a substantial part of our operating support and is critical to our success in maintaining programmatic flexibility 4 Ways to Give 1.Annual gift 2.Campaign or multi-year, long-term commitment 3.Event giving 4.Planned giving Year to date, 50% of Board members have made an annual gift to WCS Total raised from Board annual giving thus far is $2.7M Our goal this year is 100% Board participation in annual giving 14
Reorganized Development program to grow our fundraising capabilities Opportunities for growth in three key areas: 1.Individual Giving 2.Corporate partnerships – Unified corporate sponsorship and philanthropy areas in order to develop better integrated and strategic approaches to corporations. – Corporate funding partnerships will span traditional philanthropy, business and CSR relationships, marketing sponsorships, and corporate employee membership programs. 3.National membership fundraising – Develop a broad-based small-donor program that taps into national and international conservation constituencies – Membership division will lead this effort and will use the newly launched wcs.org as a core platform to develop and grow our donor base.
Key Findings: Corporate Opportunity for a better integrated approach to corporations. Currently, WCS approach to corporations is segmented in several areas: There has not been a dedicated corporate point-person or lead fundraiser at WCS. Development-led fundraising activity is heavily focused on facilities- based Corporate Membership Membership revenue: $400K (7% to total corporate revenue) Larger gifts have been highly programmatic. The top 5 gifts account for close to 70% of total revenue Corporate sponsorship deals have provided a steady but flat stream of income 20 Development Public Affairs Business Services Program Office of the President
Recommendations: Corporate Develop strategy that integrates philanthropy and sponsorship in order to take advantage of the corporate business opportunity Approach corporations as strategic partners in WCS mission fulfillment Define WCSs value proposition Identify companies to target in key industries National and international is scope Interest in conservation and aligning their brand with WCS Reformulate Corporate membership program to be in line with other NYC cultural institutions in terms of benefits and giving levels.
Key Findings and Recommendations: Online Fundraising Recommendation The re-launch of wcs.org can provide the necessary platform for building a national small donor program. Strategy will need to be aligned with WCS communications efforts Investment in online marketing as well as direct mail to build awareness and acquire donors will be essential. 22 Finding The web has been underutilized as a fundraising channel. In addition, the only national small gifts program in place is centered around the sale of Wildlife Conservation magazine. FY08 FY07 # of giftsTotal $ % to Total # % to Total $ # of giftsTotal $% to Total #% to Total $ $0-$249609$33,62080%22% 975$58,61984%31% $250-$999118$41,34716%28% 132$44,70716%23% $ $74,5005%50% 49$87,5505%46% Totals763$149,467100% 1156$190,876100%