Why Would A School Bother Fundraising?

A little controversial… I agree. In this podcast episode I ask the question “Why would a school bother fundraising?”.

I could have asked this question privately to a number of people but I thought why not post this in the public domain to spark some interesting conversation and feedback.

Last week, I attended an ADAPE event where Dr Alan Kerbey from Monkton Combe School, Bath, UK talked about how he has successfully raised millions of dollars for a number of projects at the school. A very interesting presentation and well spoken by Dr Kerbey.

The general consensus from the schools that attended indicated that it had previously been difficult to raise even 500k through annual giving campaigns. This made we wonder why a school would bother spending time and effort fundraising when their annual net income is between 10 to 30 million. There’s obviously something I’m missing so in this podcast episode I invite you to add your opinion and feedback on this topic.

Why would a school bother fundraising?

Thanks
Mike

Mike Leembruggen

CEO at ImagePro Studios
Mike Leembruggen specialised in digital marketing and software development. Currently working with a number of schools and universities. If you are interested in working with Mike then please email [email protected]

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2 replies
  1. Ron Woolley says:

    Hi Mike
    I don’t use the social networking sites so I can’t post a comment to Facebook etc.
    The question you asked is similar to one I asked Alan Kerbey on the previous day’s conference for Principals. His school is independent which in the UK means no government funding. In Australia, we have both recurrent and capital funding from both federal and state governments. However, the UK has very generous tax benefits for donors – I gathered they were more generous than ours.
    The income you see in MySchools reflects the dependence we have in Australia on government funding – only the very wealthy schools might contemplate a future without such funding, and they would be motivated only if they were looking to be truly independent (e.g. if they were for-profit rather than not-for-profit).
    However, government grants for capital works don’t ever cover the full cost of a building, so there is considerable motivation to cover the gap with private fundraising, and this is why we invited Alan to speak to us – he has a proven track record,. While the context is different, the principles remain the same.
    I thin we have been too timid in our approach to this kind of fund-raising.
    Glad you enjoyed the seminar!
    Ron

    Reply
  2. Mike Leembruggen says:

    Thanks for your comment Ron, I was hoping you would chime in.

    A wealth of knowledge you have… I’ll have to do a podcast episode with you one of these days when we both get a chance.

    Thanks
    Mike

    Reply

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