Total dollars raised to support the collective impact effort
Current Value
$434,045
Definition
Story Behind the Curve
Restricting Factors:
- Current funding is not sustainable and budgeting could be inflated due to one time factors below
- There are some inactive leadership group members
- No minimum or maximum expectation from leadership group members or no group goal
Contributing Factors:
- 10 year celebration led to better funder engagement and fundraising
- ECE issue (childcare specifically) resonated greatly with all the stakeholders involved
- In FY21, we received two one-time $100,000 grants from the County Government
- Roughly 80% of the leadership group members made a direct contribution or raised money
- Have consistent support from Montgomery County Government and White Family Fund
Partners
- Leadership group members
- Montgomery County Government
- Philanthrophy
- Private donors
- MMF staff
- Montgomery County Public School
- Montgomery College/USG
What Works
- Set individual and group giving expectations
- Relationship building
- Having an inspiring issue
- Fundraising events and goals
- Hosting events underwritten by sponsors
- Matching efforts motivate leadership group members
Action Plan
- Identify and obtain guranteed and continuous significant funding over several years
- Require a financial commitment of all Leadership Group members
- Change of Leadership Group framework to increase community involvement/leadership (pay to participate)
- Moving forward with third issue will stimulate fundraising opportunities
- More and better communication strategy about Collective Impact, MMF and issue.
- Relationship building with newly elected public officials to make sure they are informed on importance of MMF