This document discusses developing a fundraising mix. It provides examples from Irvinestown, Northern Ireland of how shared leadership, learning from mistakes, and cooperation led to successful community development projects. It emphasizes the importance of creating economic, environmental and social capital through developing human, physical, financial, organizational, and community resources. The document concludes by advising to consider all fundraising options, leverage external relationships, diversify funding sources, and have confidence in your strategies.

1. Developing your
fundraising mix
Jenny Irvine
7TH October 2014

2. Pride before the…

3. Adaptable to change..
Irvinestown
Trustee
Enterprise
Company Ltd
1992
Irvinestown
Community
Partnership
ARC LTD 2000
Irvinestown
Fairs and Market
Trustees
1908

4. Why it worked in Irvinestown.. (under
the microscope)
 Shared leadership commitment
 Learning from Mistakes
 Business-like approach
 Knowledge of and the development of
flexible, creative responses to address
need
 Cooperation - Building reciprocity in
relationships and partnership of common
interest
 Luck

5. Share the learning or Re-invent wheels?

6. Create a safe(er) structure
 Reduce personal Liability

7. Plan your Journey
 Alice – Which way should I go
 Cat – That depends where you’re going
 Alice – I don’t know where I’m going
 Cat – Then it doesn’t matter which way you go
Alice Through the Looking Glass – Lewis Carroll 1872

8. Collective wisdom..
Harness intelligence

9. Cash-flow
 Vanity v’s sanity..

10. Store your Barley!
 Seven years of plenty, seven years of famine..

11. The myths and realities of
diversification..

12. Fast & Easy – its not!

13. Irvinestown Creating Economic, Environmental &
Social Capital
 Human capital – Skill mix, staff & volunteers
 Physical capital –
Over 50,000 sq ft of workspace
22 businesses operating from ITEC managed space
Over 200 Jobs created
 Financial capital
Significant income across companies
Reinvestment of revenue into social development projects
 Organisational capital
Corporate Governance - controls assurance, strategic,
compliance, financial accountability
 Community Capital – Quality intervention

14. Route map to success……….
 Consider all options
 Ask the audience
 Phone a friend – External
relationships
 Go 50 – 50,not many eggs, not
many baskets (but more than 1)
 Have confidence in your final
answer

15. Go for broke!
I honestly think it is
better to be a failure at
something you love than
to be a success at
something you hate." -
-- George Burns