Fundraising for rare disease patient groups

Our first speaker was Beth Upton, CEO and Founder of Money Tree Fundraising. Beth, who across 14 years has raised millions of pounds for various causes, joined us to discuss how patient groups can ensure they have a thriving grant fundraising programme. Throughout her presentation, Beth summarised four key ingredients all patient groups need: organisation readiness, a pipeline of prospective grantmakers, compelling proposals, and capacity to deliver programmes. Beth argued that patient groups will find it easier to secure funding if they have charitable status and a two-year track record of running projects, as many funders are unwilling to give to non-charities. She also stressed the need to have clear evidence for why your organisation exists, be able to clarify the urgency behind your work, and have the ability to tell a compelling story that funders can buy into and support. Finally, Beth highlighted the need to make sure you have the right person for the job, hiring people who have the right skills for fundraising and making sure they are kept fully informed on both the project and financial direction of your organisation.

Our final speaker of the morning was Findacure’s own CEO, Rick Thompson. With Beth and Frances focusing on trust and foundation applications, Rick addressed another area of fundraising – company giving. Rick began by explaining some key reasons why corporates want to give to charities. Firstly, companies are concerned with their public image and perception of their brand, and secondly, they want to create a positive atmosphere within their own organisation. Working with charities helps in these areas as it promotes the idea that the company is socially responsible, and allows employees to feel like they’re making a difference to a specific cause. Rick then went on to overview three major routes for company giving – corporate grants, event sponsorship and active engagement. When looking at sponsorship, Rick put forward that this should be viewed more as a conventional business agreement, targeting marketing budgets, where charities can offer a company a set of benefits which allow the company to promote itself. Finally, Rick gave examples of where companies can actively engage with charities, whether this is through pro bono support, funding and delivering a specific project, or even running fundraising events on behalf of your organisation.

Following lunch, we were joined by Katie Rabone, Director of Fundraising Action and an Associate Trainer at the Directory of Social Change. Katie came to deliver a training session to our delegates on developing a fundraising strategy, which included discussing how and why organisations should involve its stakeholders when formulating a fundraising strategy, internal and external factors which need to be considered – such as who your audience is, the capacity of your team, and what the financial market looks like – and the importance of an easily identifiable mission and vision statement. The highlight of this session was an activity where we were asked to share what we thought fundraising meant, through the form of Lego. One group created a scene where multiple people were fighting over a single 50p – demonstrating how saturated the fundraising sector can be when thousands of charities are applying for the same pot of funding.