Where in the world where we can find organizations willing to venture partnership with the most destitute sector in society?
Our city dumpsite scavengers community manage to organized themselves as instructed by local funding agency. After being duly recognized as an association in 2009, still nothing happen.
Today, another requisite is being ask. This time it is close to impossible to comply.
Maybe Watsi can be of assistance Chase.
Nice article. Thanks for posting.
Chase—
Thank you for sharing your experiences. Do you have any plans to do long-term analysis on this approach—e.g., using an fundraising analytics partner like Target or Analytical Ones? Would be very helpful to you (and anyone you’re willing to share info with). Thanks again for posting!
Hi Laura! We do plan to measure the success of this approach over time. We’re raising our second round now and we’ll likely raise our third (and hopefully final) round in two years. After each round we plan to post a follow-up blog to share our learnings. If there’s any data in particular that would be helpful to you, please let me know and we’d be happy to share.
We’re still at the very 1st stage of setting a common goal and slowly gathering local partners. Last Wednesday, July 8, we’ve conveyed concept with local church and very happy to align goals with local Diocese and Edmund Rice Ministries Foundation. Elated to finally receive comments regarding concept.
Great insights.
I will follow the advice and adopt the “funding rounds” approach to scale my social enterprise in Mozambique.
Any experience in fundraising directly in developing countries?
I would like to involve corporate sector in the country, in addition to international donors there. I believe establishing strategic relations (based on funding and strategic partnership) would add value to market the product itself.
Great concept. Out of the 138 meetings, how many were visits with the same donor. I ask because if they were each unique visits, the rate of fundraising return is 10%, with median gift of $85k. I’m trying to understand how many people said no, or not now and whether you had a minimum ask for these particular donors. Thanks for sharing the concept!
Hi Michelle—No minimum ask, we weren’t very professional fundraisers to be honest (actually, we were absolutely terrible at the start). I’d have to scrape my schedule again to be sure, but IIRC we averaged about 2 meetings per donor. That means we spoke with approximately 70 people resulting in a 20% conversion rate. Hope that helps!
Hi Elena—We have a bit of a unique fundraising model. We raise rounds for our operations (team, office, etc.) and we fundraise online for patients’ healthcare. The round fundraising happens mostly in person and we don’t have any experience fundraising in developing countries. However, about 1/3 of our online donations to patients are from outside the US, and a chunk of that is from developing countries. Press, word of mouth, and being able to support patients in ones own country / region have been the main drivers there. Corporate seems like a great strategy, since most companies aim to support the communities where their employees and customers live. Sorry we can’t be more helpful here but we’re still trying to figure this out too!
Hi Chase! Thank you for sharing your experiences.
You answer for Laura: “...We’re raising our second round now and we’ll likely raise our third (and hopefully final) round in two years.”
How you are planned to be financed after “third (and hopefully final) round”?
COMMENTS
BY Nelson
ON July 10, 2015 12:38 AM
Hi Chase,
Where in the world where we can find organizations willing to venture partnership with the most destitute sector in society?
Our city dumpsite scavengers community manage to organized themselves as instructed by local funding agency. After being duly recognized as an association in 2009, still nothing happen.
Today, another requisite is being ask. This time it is close to impossible to comply.
Maybe Watsi can be of assistance Chase.
Nice article. Thanks for posting.
Pleasant greeting to SSIR Team!
BY Laura
ON July 10, 2015 06:52 AM
Chase—
Thank you for sharing your experiences. Do you have any plans to do long-term analysis on this approach—e.g., using an fundraising analytics partner like Target or Analytical Ones? Would be very helpful to you (and anyone you’re willing to share info with). Thanks again for posting!
BY Chase Adam
ON July 10, 2015 04:26 PM
Hi Nelson! We’d be happy to help in any way we can. Feel free to shoot me an email at chase at watsi.org.
BY Chase Adam
ON July 10, 2015 04:32 PM
Hi Laura! We do plan to measure the success of this approach over time. We’re raising our second round now and we’ll likely raise our third (and hopefully final) round in two years. After each round we plan to post a follow-up blog to share our learnings. If there’s any data in particular that would be helpful to you, please let me know and we’d be happy to share.
BY Nelson
ON July 11, 2015 04:59 AM
Dear Chase,
Thank you so much. Highly appreciate your reply! Many thanks! For the mean time, we have a facebook group to document campaign, at https://www.facebook.com/groups/southernleyteaction2020/.
We’re still at the very 1st stage of setting a common goal and slowly gathering local partners. Last Wednesday, July 8, we’ve conveyed concept with local church and very happy to align goals with local Diocese and Edmund Rice Ministries Foundation. Elated to finally receive comments regarding concept.
Thank you again Chase. We really need advice to guide us as we try to implement cross sector approach. Hoping you’ll find time to visit our forum page https://www.facebook.com/groups/southernleyteaction2020/.
Please do share some messages and inspire us more Chase. Once again, thank you so much for sharing your time. We are so happy to hear from you.
Pleasant greeting from the Philippines, have a great weekend too.
BY Chase Adam
ON July 13, 2015 02:55 PM
I just joined your group, Nelson. Excited for updates!
BY Elena Gaffurini
ON July 14, 2015 06:21 AM
Great insights.
I will follow the advice and adopt the “funding rounds” approach to scale my social enterprise in Mozambique.
Any experience in fundraising directly in developing countries?
I would like to involve corporate sector in the country, in addition to international donors there. I believe establishing strategic relations (based on funding and strategic partnership) would add value to market the product itself.
Any insights?
BY Michelle Moskowitz Brown
ON July 14, 2015 12:09 PM
Great concept. Out of the 138 meetings, how many were visits with the same donor. I ask because if they were each unique visits, the rate of fundraising return is 10%, with median gift of $85k. I’m trying to understand how many people said no, or not now and whether you had a minimum ask for these particular donors. Thanks for sharing the concept!
BY Chase Adam
ON July 14, 2015 01:08 PM
Hi Michelle—No minimum ask, we weren’t very professional fundraisers to be honest (actually, we were absolutely terrible at the start). I’d have to scrape my schedule again to be sure, but IIRC we averaged about 2 meetings per donor. That means we spoke with approximately 70 people resulting in a 20% conversion rate. Hope that helps!
BY Chase Adam
ON July 14, 2015 01:14 PM
Hi Elena—We have a bit of a unique fundraising model. We raise rounds for our operations (team, office, etc.) and we fundraise online for patients’ healthcare. The round fundraising happens mostly in person and we don’t have any experience fundraising in developing countries. However, about 1/3 of our online donations to patients are from outside the US, and a chunk of that is from developing countries. Press, word of mouth, and being able to support patients in ones own country / region have been the main drivers there. Corporate seems like a great strategy, since most companies aim to support the communities where their employees and customers live. Sorry we can’t be more helpful here but we’re still trying to figure this out too!
BY Jari
ON October 29, 2015 11:55 PM
Hi Chase! Thank you for sharing your experiences.
You answer for Laura: “...We’re raising our second round now and we’ll likely raise our third (and hopefully final) round in two years.”
How you are planned to be financed after “third (and hopefully final) round”?
BY Elena
ON December 3, 2015 02:36 AM
Chase this is another great article by you. So far I have read everything written by you. Congrats