Hi Michelle, congrats on undertaking such an impact. I always love it when people look critically at themselves. I also have to say that I’m amazed at how beautiful a lot of the visuals are! I love the graphic with the money ratio and I found the downloadable spreadsheet where I can put my own numbers in very useful and very well formatted. Thanks for going above and beyond to provide that. The Fundraising Prospectus also has a crisp layout, great pictures, and does a good job of going into more detail.
One question I had, though, was it seemed like this current assessment focused a lot on what Giving What We Can has done throughout time to date to get members. However, GWWC has expanded a lot in the past year, and the budget represents holding that expansion and continuing to expand. Has GWWC done any sort of assessment to track the impact of the expansion funding on the margin? I’d be concerned that it might be lower than the overall figure for all funding.
Thanks very much Peter! I’m really glad you’ve found it useful. Rob had just the same reaction, so he did a calculation on the margin—you can find it on p28 of the Fundraising Prospectus. Interestingly, the impact on the margin actually seemed higher than overall—it seems like there are some economies of scale now that we have enough people on the team to specialise, and we’ve been at it a bit longer so have more of an idea what we’re doing.
Hi Peter I would be interested to hear your reaction to my section on the value of marginal funding, and whether you can think of any other clever ways to infer it.
The main uncertainty in my mind is figuring out how long people will continue to give. While we have five years of data—and three years of higher quality data since we stopped relying just on volunteers—that isn’t enough to pin down the loss rate of members very well. We also only have one year of data since online-only sign-ups become easy, so we can’t yet determine the impact that will have.
Hi Michelle, congrats on undertaking such an impact. I always love it when people look critically at themselves. I also have to say that I’m amazed at how beautiful a lot of the visuals are! I love the graphic with the money ratio and I found the downloadable spreadsheet where I can put my own numbers in very useful and very well formatted. Thanks for going above and beyond to provide that. The Fundraising Prospectus also has a crisp layout, great pictures, and does a good job of going into more detail.
One question I had, though, was it seemed like this current assessment focused a lot on what Giving What We Can has done throughout time to date to get members. However, GWWC has expanded a lot in the past year, and the budget represents holding that expansion and continuing to expand. Has GWWC done any sort of assessment to track the impact of the expansion funding on the margin? I’d be concerned that it might be lower than the overall figure for all funding.
Thanks very much Peter! I’m really glad you’ve found it useful. Rob had just the same reaction, so he did a calculation on the margin—you can find it on p28 of the Fundraising Prospectus. Interestingly, the impact on the margin actually seemed higher than overall—it seems like there are some economies of scale now that we have enough people on the team to specialise, and we’ve been at it a bit longer so have more of an idea what we’re doing.
Hi Peter I would be interested to hear your reaction to my section on the value of marginal funding, and whether you can think of any other clever ways to infer it.
The main uncertainty in my mind is figuring out how long people will continue to give. While we have five years of data—and three years of higher quality data since we stopped relying just on volunteers—that isn’t enough to pin down the loss rate of members very well. We also only have one year of data since online-only sign-ups become easy, so we can’t yet determine the impact that will have.