Presentation on theme: "1. 2 Planning for the Future 3 Overview Match requirements Fundraising 101 highlights Overcoming obstacles New opportunities Crafting Your Pitch Long-term."— Presentation transcript:
6 RWJF requires a 50% match of grant award dollars for CKF Part I Grantees must begin using match funds no later than the beginning of the third year of the grant. The match requirement is designed to identify new sources of funding for the CKF initiative.
7 Match Requirements RWJF will not provide more than 50% of the total RWJF funds until the match support begins, if earlier than the third year. Should no match funds be secured by the beginning of Year 3, no additional RWJF funds will be provided to the grantee.
8 Match Sources that do not qualify: No federal funds No in-kind contributions RWJF has a strong preference that match sources do not come from entities that manufacture or distribute alcohol, tobacco and/or firearms Match Requirements
9 Grantees are strongly encouraged to submit match commitment documentation to their regional coordinator as soon as it is received If a project fails to secure previously committed match funds, contact your regional coordinator immediately For more information regarding the match certification process, please refer to Section 6 of the CKF Program Management Handbook, and/or contact your regional coordinator Match Requirements
19 Meeting the Match: Arkansas Rhonda Sanders Arkansas Advocates for Children & Families
20 Meeting the Match: Arkansas About AACF Non-profit child advocacy organization founded in 1977 Covering Kids Grantee (1999-2001) –2 pilot sites Covering Kids & Families Grantee (2002- 2005) –5 local project sites
21 Meeting the Match: Arkansas AACF Matching Funds Arkansas Children’s Hospital (major donor) Ford Foundation (major donor) Poplar House Clinic Harbor View Hospital Healthy Connections St. Mary’s Hospital Our Kids Count Coalition
22 Meeting the Match: Arkansas AACF Philosophy Apply for CKF only if matching funds were in place Called upon all parties benefiting from CKF to be match players
23 Meeting the Match: Arkansas Approach Utilized existing partnerships Included coalition partners & local projects Financial benefits of insuring the uninsured Human capital benefits of participation
24 Meeting the Match: Arkansas Logistics Make your presentation ASK for the commitment Obtain letter of commitment from each organization Identify individual methods of providing the funds Include their match funds in their individual CKF budgets
25 Meeting the Match: Arkansas Tips Identify partners that will benefit the most Draw on strong relationships Be clear about what they will get from the investment
26 Best Practices Indiana’s Cost Benefit Analysis Current level of SCHIP and Medicaid enrollment Supporting expanded SCHIP and Medicaid enrollment # self pay births in county X Average % remittance = Amount of money the hospital actually made (or lost) Payment hospital would have received had the mothers been enrolled in SCHIP or Medicaid
27 Best Practices Personal connections – Virginia Networking – Illinois Finding a Champion – Missouri Unique opportunities – Oklahoma Diversified funding base – Hawaii
28 Why Do Corporations Give? Increase profits Improve image Good corporate citizens