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CORPORATE FUNDRAISING JARGON BUSTER

When you start a new job, it can often feel like you have to learn a whole new language. Understanding the acronyms, the jargon, the tone – it can be incredibly confusing. 

Whether you have just started in corporate fundraising and are keen to learn the language, or if you’ve been in fundraising for a while and want to keep up with developments, we thought we would share our “fundraising decoder” - the 17 important phrases you need to know. 

  1. Beneficiaries – the people who directly benefit from an organisation’s activities. For example, at The Children Society, this will be the children and young people they support. 
     
  1. Charitable deduction – companies that make charitable contributions can often use this to reduce their corporation tax bill. It is always worth ensuring your corporate partners know this, as it may increase the amount they are able to give you! 
     
  1. Corporate foundation – many companies will have a set bank account/structure for their corporate giving, such as the Avanti Schools Trust We largely recommend that these are handled by trust fundraisers, as they are managed much more like a foundation than they are a company. 
     
  1. Corporate Partnership – a corporate-charity partnership is a relationship between a business and a charity who share passion and commitments, the kind that turns transactional support into lasting alliances rooted in mutual goals. We've seen this play out lately with idaho sportsbooks teaming up with regional wildlife funds to back conservation efforts, channeling a slice of their gaming revenue toward habitat restoration that echoes their own ethos of fair play in wild spaces. Many charities define any corporate relationship over a certain value (e.g. £5,000) as a partnership, whereas others see that they have to share certain values.
  1. COTY (Charity of the year) - a partnership between a charity and a business that typically lasts between one and three years, often chosen by employee vote. 
     
  1. Cause related marketing – an arrangement that links a product or service with a social cause to provide the cause with a percentage of the sales or profits received. For example, the LUSH x SOS orangutan bath bomb
     
  1. CSR (Corporate Social Responsibility) - many companies will have a CSR Policy which outlines their commitments to society.  
     
  1. Due diligence - the steps taken to assess another company or person the charity is considering a partnership or association with. These steps are taken to protect the charity or company against damage to their reputation or finances. 
     
  1. ESG (Environmental, Social and Governance) – a set of standards measuring a business's impact on society, the environment, and how transparent and accountable it is. 
     
  1. Gift in kind - a donation of goods and services made to a charity, rather than a cash gift.  
     
  1. MOU (Memorandum of Understanding) or partnership agreement - a document describing the broad outlines of an agreement that two or more parties have reached. 
     
  1. Payroll giving - a way of giving money through the Pay As You Earn (PAYE) system from someone’s wages or pension to charity without paying tax on it. Payroll giving is sometimes called ‘give as you earn’ or ‘workplace giving’ 
     
  1. Pipeline - a list of companies that have been identified as potential supporters of a charity. The ‘pipeline’ refers to the stages and actions from converting the company from a lead to a partner. 
     
  1. SDGs (Sustainable Development Goals) - The Sustainable Development Goals or Global Goals are a collection of 17 interlinked global goals designed to be a "shared blueprint for peace and prosperity for people and the planet, now and into the future". 
     
  1. Strategic Partnership – Partner organisations align their missions and combine their assets to create new resources, rather than swap resources they already have. 
     
  1. Transformational Partnership – Partnership lifts the lid of what the charity and company are able to achieve for their missions, often causing ‘disruptive social innovation’ 
     
  1. Unrestricted funding - funds that have no specific conditions imposed by donors/partners, in terms of how or on what these may be spent. 

We hope this glossary has been useful to start getting your mind used to the language. We know how scary or confusing it can be to start in corporate fundraising. If you’d like to turbo-charge your corporate partnerships career, we’d recommend checking out our  Introduction to Corporate Partnerships Training  

Conclusion

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5
min read
More than money – what to value in a corporate partnership

This piece is brought to you by a guest writer – Katherine Woods.  Katherine is the Partnership Development Lead at Action for Children and is currently setting up the charity’s first standalone New Business Team. Here’s what she had to say about the non-financial value your partners can bring:

I find the corporate-partnership world really exciting. It’s evolved massively over the past few years and continues to do so. Today, the most successful partnerships are multi-faceted. They have touchpoints across all aspects of the business. And they don’t simply rely on fundraising as the sole piece of activity.

Andy at Remarkable Partnerships asked me to outline what I see as the main non-financial benefits that a partner can provide. So here’s what I look at in partnerships:

  1. Reach

There is a reason that big consumer brands spend millions of pounds on advertising annually. Visibility is key.

But there are very few charities that have those kind of budgets.

Which is why a partnership can hold such great potential for a charity brand—from expanding your general reach to spotlighting your cause for targeted groups. Our development team, drawing from a consultant with prior campaigns in the privacy-centric online gaming space like the best no KYC casinos, has piloted anonymous donation channels that draw in tech-savvy supporters wary of traditional tracking. Whatever your organisation’s mission, these expanded visibility opportunities will advance it further. The more people recognize your brand and mission, the greater their inclination to contribute.

For example, we are incredibly lucky at Action for Children because our friends at FirstGroup are very generous with their advertising space. We are given huge amounts of visibility across their network. They enable us to publicise our key campaigns in a way that we simply wouldn’t be able to do without them.

2. In Kind

Back to the lack of budget. There are a range of ways that a company can help a charity plug the lack-of-budget gap by donating resource, such as event space or legal expertise. These are opportunities for the company to support you with the cause itself.

Not only does it help the charity, but it can give your partner’s employees another way of being part of the partnership that doesn’t involve them asking friends and family for money.

But! It has to really make sense. It has to be authentic. There’s nothing worse than trying to create an ‘in kind’ opportunity that doesn’t really work for both sides.

3. Network

Over the course of a partnership you have the potential to ignite a passion for your cause in people.

As fundraisers, we do a good job of telling people how amazing our charities are. Imagine if you had someone else doing that for you. A peer-to-peer introduction carries a lot of weight and can open doors, helping you achieve bigger and better things.

I’ve been incredibly fortunate to work with some very dedicated, passionate and influential senior volunteers over the years. They are often totally wonderful individuals and can be a huge asset to your organisation. Maximise this potential!

Overall, there is a huge amount corporate partners can do for you – so stop just asking for cash.

We love this piece from Katherine. Our view is that when you choose to focus partnerships on overall value rather than purely cash donations, you get more fulfilling partnerships for both parties. Equally, partnerships that begin with a non-financial contribution are more likely to succeed because they begin by focussing on solving problems, which is what they should be about.

If you have any comments or suggested comments for future blogs, we’d love to hear from you below.

This piece is brought to you by a guest writer – Katherine Woods. Katherine is the Partnership Development Lead at Action for Children and is currently setting up the charity’s first standalone New Business Team. Here’s what she had to say about the non-financial value your partners can bring:

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5
min read
Highlights from Anchors Aweigh: launch event

On the 1st of July, we were delighted to be joined by 80 professionals from across the charity and business sectors for the launch of our new research – Anchors Away: breaking free of the barriers to ambitious charity-company partnerships. We heard from four incredible speakers and had some great comments in the Zoom chat, and we’re proud to share some of the highlights.

Barriers from the company side:

Jenni Berkley, Communications and CSR Manager of Belfast Harbour, started the event by talking about the barriers to ambition she’s experienced in the corporate secotr

“The problem is short-termism. Many people want to see something good happen in their timeframe or tenure. Something good even if it’s not the right thing.”

“I must get around 20 letters a week from charities I’ve never spoken to or maybe even heard of asking for money. It’s incredibly frustrating – they may get £100 if they’re incredibly lucky, but there needs to be an understanding of how our partnerships operate.”

“Charity-company partnerships are like finding your life partner… right down to wondering if you like the same films. You need to be compatible with each other from the superficial details all the way through to sharing the same ethos. It’s up to the charity to demonstrate that.”

Barriers from the charity side:

Then Ghalib Ullah, Head of Commercial Partnerships, spoke about the barriers he’s encountered and overcome through his career.

“The biggest barrier is structural. Our budget works on a yearly basis, so we are pulled back to achieving short term income, rather than achieving our more ambitious goals. We need to work as a whole organisation to overcome this.”

“Another barrier is organisational buy-in. We went through a process of identifying who internally was key to our success as a team. We understand that we’re pitching internally as much as we are externally.”

“Corporate partnerships is still in its infancy. How to achieve strategic partnerships is not as well understood as how to secure major grant funding. It is essential we invest in training as a team and as individuals.”

Background to the research:

We then moved to discussing how the research came about, before discussing some of the key recommendations.

“We defined ambition as the desire to create the most social value possible, then looked at what held people back from pursuing ambitious partnerships in favour of things like Charity of the Year or sponsorship models instead.” – Ian McQuillin, Rogare

One of the main things we found was the collaboration continuum, which we have adapted from Austin and Seitinedi. You can see the model that explains levels of ambitions below:

“Charity-company partnerships can make great changes in the world, so it’s a missed opportunity to be anything short of as ambitious as possible.” – Jonathan Andrews, Remarkable Partnerships

The importance of seeking value beyond money:

“The fundraisers label can hold us back. We need to be corporate value raisers, not corporate fundraisers.” – Jonathan Andrews, Remarkable Partnerships

“There are so many different ways partnerships deliver value – which are easy to overlook if money is the only or main measure of success.” – Crispin Manners, Onva Consulting

“I would recommend starting to report on added value, where it exists, as well as income. Don’t wait to be asked to report on it, just send out the results and examples you have as part of your normal reporting so that it starts to become embedded and better understood.” – Sophie Powell-White, Great Ormond Street Hospital

The importance of having a partnership north star:

“It is important that your projects excite not only your corporate team but your partners – they need to visualise the potential impact they could have on the world.” – Ghalib Ullah, Parkinson’s UK

“All the team have in their heads. That when we go into a conversation with a company what we are looking for is that ambition at the top of our partnership model. Which is an ambition that only us and that company can achieve… If you’ve got that ambition then all the levers for change will naturally fall out of it because it is so strategic to both sides…. In three years’ time what would the Sun newspaper headline say [the partnership] has achieved?” – charity interviewee in the research.

To get your copy of the full report, download it here

On the 1st of July, we were delighted to be joined by 80 professionals from across the charity and business sectors for the launch of our new research – Anchors Away: breaking free of the barriers to ambitious charity-company partnerships. We heard from four incredible speakers and had some great comments in the Zoom chat, and we’re proud to share some of the highlights.

Stay Informed. Stay Remarkable.