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Crowdfunding in the Big 12

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Presentation on theme: "Crowdfunding in the Big 12"— Presentation transcript:

1 Crowdfunding in the Big 12
Mary Evanson Executive Director of Annual & Special Gifts Iowa State University Foundation Kellie Sullivan Assistant Director of Special Programs The University of Texas at Austin

2 HornRaiser: The University of Texas at Austin
68+ Projects In FY18 $1,016,786 Raised in FY18 5,987 unique donors making 6,360 gifts 4 internal projects 2 staff dedicated part time

3 FundISU: Iowa State University
21 projects in FY18 $170K raised thus far in FY18 About 1000 unique donors this FY 1 staff dedicated part time

4 What has been the most successful project on your crowdfunding page?
Harvey Relief Efforts Andrew Jones and Family Support Fund 5 of top 10 projects related to disaster fundraising

5 FundISU:Most successful project to date:
Fashion Show American Meteorological Society BugGuide Center for Sustainable Rural Livelihood Marching Band Normandy Trip

6 How do you keep your project directors and ambassadors engaged
Weekly Project s “Tip Tuesday s” Performance Based Check Ins

7 How do you handle stewardship for your projects?
Card Signing Party Project Specific and Project Fulfilled

8 FundISU Stewardship Set expectations upfront
Each project handled individually Postcard from ISU Foundation New donor welcome packets Tax receipting handled separately

9 What timeline do you use for your projects from planning to stewardship?
Project Applications Due (2 week processing window) Project Quiet Phase (30 Days) Project Active Phase (30-45 Days) Project Stewardship Fulfillment (Up to 1 year)

10 Project timelines Rolling applications
Project build out and quiet phase 2-4 weeks Typical campaign 4-5 weeks Donor list delivered day after project closes Stewardship several weeks after campaign Updates published after project is realized Updates published on expired projects as new ones are launched annually

11 How do you keep campus partners involved in utilizing your crowdfunding platform?
Development staff is not required to help projects that fall under CSU They are given Veto power We encourage support/collaboration

12 Campus Wide Faculty Staff Email Campus Wide Student Email
How do you promote crowdfunding projects? Does your universities marketing office promote your crowdfunding platform and its projects on social media? Campus Wide Faculty Staff Campus Wide Student Presentations at various department/organization meetings (If they call we go!)

13 How do you promote crowdfunding projects?
Promotion is limited Via ISU Foundation social media channels, typically during week 3 of a project Provide lists to project leads if affinity for project can be identified (i.e.: Marching Band)

14 Questions? Mary Evanson mevanson@foundation.iastate.edu
Kellie Sullivan


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