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5.8 Developing a Fundraising Plan
Fundraising includes the solicitation of donations from various sources,
such as individual and corporate donors, special events, endowments,
planned giving, and bank loans. If patient care revenue will not be
adequate for current or future operations, fundraising can help cover
clinic costs. Some fundraising tips appear below.
- Outline
the oral health care needs for your target population, and show
how your clinic is responding to these needs.
- Make a wish list. Do you need
money, equipment, supplies, or human resources? What could particular
amounts of money buy?
- Brainstorm about how you could
leverage additional resources if you had some initial funding.
- Make a list of potential donors,
including local businesses, other organizations, and individuals.
Ultimately, you will want to establish a dependable donor database
of clinic supporters who can be counted on to produce a regular
stream of contributions over the years. These individual donations
represent the broad base of the fundraising pyramid, in which many
small donations account for a large proportion of gifts. In this pyramid
analogy, progressively larger individual gifts represent the higher
levels of the pyramid, but they represent a smaller number of gifts
and a smaller proportion of total donations.
- Take time to create a thoughtful
and personalized solicitation letter.
- Offer different choices and
levels of involvement.
- Make a list of potential sources
of matching funds.
- Make sure that you show your
appreciation for your volunteers and donors.
Case Study |
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In response to an overwhelming need for access to dental
care in Richland County, the Dental Department at Third Street
Family Health Services (a Federally Qualified Health Center)
opened in March 2002 with five dental operatories, one dentist,
one hygienist, two dental assistants, and one secretary.
In May 2006, after a local Community Capital Campaign
raised $3.5 million, the clinic expanded to include 13
completely furnished dental operatories. The clinic’s
success can be attributed to relationships forged with
The Ohio State University College of Dentistry, the AIDS
Resource Center of Ohio, the Richland County Foundation,
Ohio Heartland Head Start, and the Ohio Department of Health
dental division. Clinic staff now comprises three full-time
dentists, two part-time dentists, two dental student interns,
two hygienists, six dental assistants, one expanded function
dental auxiliary, and two secretaries. The clinic has implemented
an electronic dental record and digital radiography. As
of September 2006, the clinic is completely paperless. |
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