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John R Frank Consulting Group Newsletter
September 2005

Greetings!

Welcome to our September issue of the John R. Frank Consulting Group eNewsletter!

As we all prepare for the busy fall we hope our newsletter gives you encouragement and a good idea or two to assist you in your important work. We pray you have great success in building relationships with your friends and supporters.

If we can ever assist you in any area of your ministry, please feel free to contact us.

John R. Frank, President

In This Issue
  • Better Foundation Relationships - Match their mission or go home
  • Client News
  • Firm News - Happenings at JRFCG
     
  • Better Foundation Relationships - Match their mission or go home

    By: Dan Mirgon, CFRE, CLU, ChFC

    When I began working with ministries in the early 90s, foundation grants were an important part of our annual fund. I joined the development department of an established ministry that already had some history of receiving funding from foundations. Most of the grants were for programs that the ministry had established years before, and I was given the task of adding new funders to the list.

    It was then that I began studying how foundations gave money away. Not only were they required to give a certain percentage of their earnings away just to keep their tax-exempt status, but most of them published their criteria for how to get the money. The focus of grant writing seemed to be on the quality of the proposal and how many you sent out.

    I’ve learned a few things since then, mostly about how things change.

    Back then, it was common that the foundation simply wanted to receive your proposal as the first action. You spent hours writing a “perfect” proposal, added all the attachments and shipped it overnight. Then you called to see if there were any questions. Pretty simple, and for the most part, if you sent enough out, you got enough back. It was a numbers game.

    Not any more. I returned to the grant process a few years ago while working with a major Christian university. Things had definitely changed. The same directories were published and for the most part, the same topics were covered in the books – write a good proposal. But now it was harder. What had changed?

    I have identified at least two things that require a shift in how funding is sought from foundations: The “fixed income markets” and “Enron.”

     
    Client News
    Congratulations to the Union Gospel Mission in Yakima, Washington, for receiving their license to offer Charitable Gift Annuities.

    Rick Phillips, executive director of the Mission announced that the Department of Insurance for the State of Washington approved their application to offer these valuable giving instruments. Dan Mirgon, Director of Planned Giving Services for the John R Frank Consulting Group is providing counsel to Yakima in development of their program.

    The mission will be able to help its donors increase their income through the use of Charitable Gift Annuities. In one of his first conversations about the license, he became aware of an opportunity to use the annuity to purchase land adjacent to the Mission inYakima.

    The potential gift would allow the Mission to make income payments to the landowner instead of loan payments, and the donor would receive a tax deduction rather than a large capital gains tax bill. Not a bad deal.

    Please be praying with Rick and the team about this great opportunity.

     
    Firm News - Happenings at JRFCG
     
    - There is still time to sign up for John R. Frank’s tele- seminar, “Development Fundamentals: Is it time for a tune-up?

    Hosted by the Christian Stewardship Association, this information-packed seminar will be held September 29, 2005 at 11 am CST. Sign up now at: CSA Registration

    The cost is $49 for CSA members and $59 for non- members.

    Each person participating will also receive the FREE special report by John R Frank: “Where the Money Is: Preparing today for the donor of tomorrow.”

    - We are pleased to announce that Dan Mirgon, senior counsel, recently passed the certification exam for the Certified Fundraising Executive (CFRE) credential. To qualify for this exam, a person must meet stringent requirements of experience, service and education.

    Considered the preeminent certification for professional fundraising, the CFRE is known internationally as an expert in all areas of fund development.

    Congratulations on a job well done!

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