Friday, 21 August 2009

Eating an elephant

Our fundraising team say it is 'do-able' to raise £350,000, you break it down into managable chunks - maybe one large donation of perhaps £50k, three or four of £30k each, a few more of £20k and so on. They say success will breed success so the key is to get a couple of big amounts first then you can ask others to follow the trend. The hard work is researching who to ask - trust funds, companies, wealthy individuals and to have several options for each 'ask'. This will take time.

The Board met for their quarterly meeting on Wednesday, there was a lot on the agenda but this was an important item. Naturally they are worried about the financial commitment - will it be worth investing such a lot of money in one building? Actually it's an investment in the young people of west Newcastle. We know they have valued and used the service for the last 10 years during which time the building has become very tatty, a renovated building will say to young people 'You are important.' Having bought the building and needing it to run the service, it's hard to see an alternative to renovating it now.

The Board agreed to our proposal to set up an Appeals Team which will include one of them. They also recognise they each one of them has an obligation to get people they know interested in this appeal and in our other work too. The fundraising team are excited to have a project to work on with a fundraising target.

So how do you eat an elephant? One piece at a time.

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