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CROWDFUNDING:
THE FUTURE?
SARAH GEE

            Philanthropist
            Arts Lover
            Marketer
            Fundraiser
SARAH GEE

   Bored    Philanthropist
   Bored    Arts Lover
   Bored    Marketer
            Fundraiser
   Bored
TRADITIONAL ARTS
    FUNDRAISING

•   Public sector funding
•   Trusts and foundations
•   Individual givers
•   Corporate supporters
•   Community & events
WHY CROWDFUNDING?

Economic circumstances: biggest potential is
in individual giving
Need for new and/or deeper relationships
Demographic & technological changes
Definition of madness
Putting the fun back into fundraising
A JOINED UP APPROACH?
 FREQUENCY           MEMBERSHIP               GIVING
                                                                Legacies


Frequent attender                         Regular donation
                         Friend                                     Major
                      (£40 per year)
                                                                   donors
Regular attender
                                          Single donation

Irregular attender
                     Priority Mail List
                      (£5 per year)

  New attender

                     Free Mailing List
  Non attender
                                                    Source: Katy Raines,
                                                      The Leaky Bucket
GEE’S PARADOX

If Audiences = Potential Donors

could

 Donors = Potential Audiences ?
WHERE IT ALL STARTED
HOW DOES IT WORK?




                   Project




          Raise
          money
                              Benefits




                  Advertise
WHAT WORKS?
Choosing project & benefits wisely: make it fun & sexy


Planning – this is a serious campaign


Artists / marketing / digital / fundraising working
together


Being creative
WHY ANGELSHARES?


•    Flexible approach – not all or nothing

•    Built by a fundraiser – Gift Aid

•    Creating relationships needs data
POSSIBLE BENEFITS
•   A lapel badge
•   A cloth bag with your company logo on it
•   A certificate of thanks, signed by Patrick Stewart
•   An invitation to attend a rehearsal
•   Afternoon tea with the cast and crew
•   The chance to have your name sewn into David
    Tennant’s costume
•   Sponsor Yorick’s skull: have your name inside it in
    Swarovski crystals and get it at the end of the run
BARRIERS TO SUCCESS?
•   Not having enough supporters in the first place
•   The ‘Fry Factor’
•   Insufficient planning: use all customer touchpoints
•   Lack of ‘digital’ knowledge
•   Always wanting ‘jam today’
•   Silo thinking between departments
•   Fear of trying something new
•   Fear of failure
CROWDFUNDING THE FUTURE
AngelShares:   Giving the arts wings



T: @LoveAngelShares
E: hello@AngelShares.com
W: AngelShares.com

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Crowdfunding the Future: AngelShares Gives the Arts Wings

  • 2. SARAH GEE Philanthropist Arts Lover Marketer Fundraiser
  • 3. SARAH GEE Bored Philanthropist Bored Arts Lover Bored Marketer Fundraiser Bored
  • 4. TRADITIONAL ARTS FUNDRAISING • Public sector funding • Trusts and foundations • Individual givers • Corporate supporters • Community & events
  • 5. WHY CROWDFUNDING? Economic circumstances: biggest potential is in individual giving Need for new and/or deeper relationships Demographic & technological changes Definition of madness Putting the fun back into fundraising
  • 6. A JOINED UP APPROACH? FREQUENCY MEMBERSHIP GIVING Legacies Frequent attender Regular donation Friend Major (£40 per year) donors Regular attender Single donation Irregular attender Priority Mail List (£5 per year) New attender Free Mailing List Non attender Source: Katy Raines, The Leaky Bucket
  • 7. GEE’S PARADOX If Audiences = Potential Donors could Donors = Potential Audiences ?
  • 8. WHERE IT ALL STARTED
  • 9. HOW DOES IT WORK? Project Raise money Benefits Advertise
  • 10. WHAT WORKS? Choosing project & benefits wisely: make it fun & sexy Planning – this is a serious campaign Artists / marketing / digital / fundraising working together Being creative
  • 11. WHY ANGELSHARES? • Flexible approach – not all or nothing • Built by a fundraiser – Gift Aid • Creating relationships needs data
  • 12.
  • 13.
  • 14.
  • 15.
  • 16. POSSIBLE BENEFITS • A lapel badge • A cloth bag with your company logo on it • A certificate of thanks, signed by Patrick Stewart • An invitation to attend a rehearsal • Afternoon tea with the cast and crew • The chance to have your name sewn into David Tennant’s costume • Sponsor Yorick’s skull: have your name inside it in Swarovski crystals and get it at the end of the run
  • 17. BARRIERS TO SUCCESS? • Not having enough supporters in the first place • The ‘Fry Factor’ • Insufficient planning: use all customer touchpoints • Lack of ‘digital’ knowledge • Always wanting ‘jam today’ • Silo thinking between departments • Fear of trying something new • Fear of failure
  • 18. CROWDFUNDING THE FUTURE AngelShares: Giving the arts wings T: @LoveAngelShares E: hello@AngelShares.com W: AngelShares.com