By Paul Morris
A pragmatic advisor to fund-raising for faculties. investment for faculties from the commonplace resources has develop into more challenging and faculties are having to elevate cash via schemes concerning neighborhood and advertisement aid. This advisor explains every thing that faculties want to know approximately investment, including;*researching money available*commercial funding*government funding*European investment initiatives*business sponsorships*how to go into neighborhood partnerships*writing a bid*making and protecting contacts*paperwork*legalities*staffing the investment team*target-setting and monitoring*the governing body's position.
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Additional info for Practical Guide to Fund-Raising for Schools
Example text
How to match up with funding agencies 49 Case study In February 1997 Dorset County Council became the first LEA to sign up for a PFI scheme. A consortium of nine private companies won the contract to build and maintain a brand new comprehensive secondary school in Bridport. It will also run certain services such as catering, grounds maintenance and cleaning, over a period of thirty years. The new school will replace the very first comprehensive school in Dorset, built over forty years ago to accommodate 650 students.
In many fund-raising initiatives and schemes there have been schools who were first to test the water, and many of these are now 30 What is your fund-raising destination? happy to share their experiences so that you do not have to experience the same disappointments or struggle to overcome the same hurdles. Look out for them in your area. If these contacts are not obvious, then there are established bodies who can provide such networking for your school. If they cannot help with your problem directly, then they will know someone who has experience of something similar.
However, always make room for volunteers, especially those who are keen on your strategy or those who are actively seeking project management experience. Sometimes those defining the strategy may have been vociferously lobbying for the resources that your fund-raising will provide. Make sure their vocal commitment is matched by their active support. Who audits your strategy? To a degree, the personnel who define the strategy need not be responsible for its delivery, but they should remain responsible for monitoring its progress and ensuring that targets are met and milestones reached.