PhillyHoya
Golden Hoya (over 1000 posts)
Posts: 2,016
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Post by PhillyHoya on Apr 2, 2013 8:03:58 GMT -5
I wish GU would be more creative in its fundraising for the IAC. For example, my law school built a new law building 15 years ago, and in order to fundraise, it offered naming opportunities, for example, the John Smith Study Center, the John Doe Moot Court Room, etc. It affixed dollar values to each naming opportunity. Granted it got a bit cheesy (light fixtures, really?) but it raised the money. Why isn't the Athletic Department engaging in this fundraising technique? They actually did for the MSF. Look where that got them. There used to be a hidden page on GUHoyas with the list but haven't been able to find it as of late.
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hoyajmw
Golden Hoya (over 1000 posts)
Posts: 1,038
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Post by hoyajmw on Apr 2, 2013 8:09:05 GMT -5
SSHoya: The athletic department has begun the "naming rights" part of the IAC fundraising, I know going over a list of such opportunities in a few one on one meetings with donors during the Big East tournament. They generally range from naming the practice court to individual rooms -- and as far as I know the right to name the building itself is still up for grabs. Donations to secure these rights are based on "intent to donate" over a period of time, and not an upfront lump sum. I think making these "opportunities" available is helpful, encouraging both new IAC donors and existing ones to step up their level of contrbitution -- I hope/expect there will be pro-active outreach along these lines in the coming months. In the meantime, I'm sure the athletic department would be more than happy to go into detail with anyone interested...
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
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Post by SSHoya on Apr 2, 2013 8:34:52 GMT -5
jmw, thanks for the information. How publicized was that? If it was only communicated to donors at the Tournament, that would not have been very effective. I've been a donor for 35+ years and I guess it is possible that I missed an announcement of naming rights, but would have thought it's be a larger announcement than just at the Tournament? Not that I have a lot of $$ to give.
Bundling for a naming rights might be a good vehicle to energize fundraising -- while I can't afford to give $10,000, if I could get 9 of my friends to contribute a total of $1,000 each and procure the naming rights for a part of the IAC.
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hoyajmw
Golden Hoya (over 1000 posts)
Posts: 1,038
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Post by hoyajmw on Apr 2, 2013 8:42:32 GMT -5
SSHoya: it wasn't really "publicized" at all -- as far as I know, they approached existing donors invididually with a list of opportunities. I agree that something more comprehensive would be more productive, especially with respect to existing donors who would need to step up their contribution to secure rights (though I also agree with AluetianHoya's post below that this is a rather delicate process -- but the fact that it is underway in any form I think is a good thing/sign for the future...)
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Post by aleutianhoya on Apr 2, 2013 9:02:51 GMT -5
These things always are done in somewhat carefully calibrated phases. At the outset, the effort is almost entirely secret (or at least not acknowledged even if it's not secret) and the biggest of the big donors are approached. Once those initial talks have occurred (even if they remain ongoing), the project overall is announced and the next tier of donor-prospects is approached with naming opportunities. Generally, those are still donors the university believes can make significant (read $10K+, at an absolute minimum; probably even a higher basement than that) donations. That appears to be the phase we're at now. After that, existing donors at smaller levels will be approached.
The reason you don't skip down a few steps and publicize all of the naming opportunities is that the conventional wisdom is that people will give as little as they possibly can once they see a list of naming opportunities. That is, if a donor who can give $10,000 sees naming opportunities for $1,000, you risk that person "only" giving the $1K. Therefore, you approach the $10K donor personally before you even publicize the $1K opportunities. I would expect that the SSHoyas (and Aleutianhoyas) of the world will be given ample opportunity to give within their means. In this day and age of instant information (and Georgetown's history of failed fundraising), I can understand the frustration, but this is actually how one goes about facilities fundraising projects.
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Post by hoyasaxa2003 on Apr 2, 2013 9:46:10 GMT -5
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DFW HOYA
Platinum Hoya (over 5000 posts)
Posts: 5,861
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Post by DFW HOYA on Apr 2, 2013 10:29:14 GMT -5
They actually did for the MSF. Look where that got them. There used to be a hidden page on GUHoyas with the list but haven't been able to find it as of late. The MSF fundraising effort does not go unnoticed re: the IAC, inasmuch as there are people who donated or pledged $12.7 million at least through 2004, only to see little come of their commitments. As someone who gave far less to the MSF than those who made the naming gifts, my capacity to support the IAC would be tempered by a question I have raised in the past: what happened to that gift? In the 11 years since my gift, there has been no formal communications from Advancement on what happened, if/when they plan to ask for more, and when the project will actually be completed. Absent answers to those three questions, it will prove difficult to engage these donors, and I would think Georgetown has refrained on soliticiting them for the IAC as a result. "In the second phase, slated for completion in the fall of 2006, additional amenities will be added, and the focus will be on the home (west) side. New home stands will be constructed. Underneath the stands will be locker rooms, a training room and storage space. A new press box will be added and lights will be installed. This phasing is being done to accommodate a road realignment taking place on the west side of the facility around the same time. To-date, over $12.7 million in cash and pledges has been raised for the new Multi-Sport Facility. A final goal for the project will be determined this summer when designs are finalized."grfx.cstv.com/photos/schools/gu/genrel/auto_pdf/Hoya-Saxa-Aug04.pdf
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FormerHoya
Golden Hoya (over 1000 posts)
Posts: 1,262
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Post by FormerHoya on Apr 2, 2013 22:03:52 GMT -5
They actually did for the MSF. Look where that got them. There used to be a hidden page on GUHoyas with the list but haven't been able to find it as of late. The MSF fundraising effort does not go unnoticed re: the IAC, inasmuch as there are people who donated or pledged $12.7 million at least through 2004, only to see little come of their commitments. As someone who gave far less to the MSF than those who made the naming gifts, my capacity to support the IAC would be tempered by a question I have raised in the past: what happened to that gift? In the 11 years since my gift, there has been no formal communications from Advancement on what happened, if/when they plan to ask for more, and when the project will actually be completed. Absent answers to those three questions, it will prove difficult to engage these donors, and I would think Georgetown has refrained on soliticiting them for the IAC as a result. "In the second phase, slated for completion in the fall of 2006, additional amenities will be added, and the focus will be on the home (west) side. New home stands will be constructed. Underneath the stands will be locker rooms, a training room and storage space. A new press box will be added and lights will be installed. This phasing is being done to accommodate a road realignment taking place on the west side of the facility around the same time. To-date, over $12.7 million in cash and pledges has been raised for the new Multi-Sport Facility. A final goal for the project will be determined this summer when designs are finalized."grfx.cstv.com/photos/schools/gu/genrel/auto_pdf/Hoya-Saxa-Aug04.pdf Agreed. I have an extremely hard time pushing MSF thoughts from my head when I write my check every year. "Hoya Paranoia" is cute when it's applied to the inner workings of the basketball team, and a joke when it is applied to donor/alumni relations. The arrogance of the school is often shocking.
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skyhoya
Golden Hoya (over 1000 posts)
Posts: 2,496
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Post by skyhoya on Apr 3, 2013 19:01:32 GMT -5
quit talking, show them your money
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FormerHoya
Golden Hoya (over 1000 posts)
Posts: 1,262
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Post by FormerHoya on Apr 3, 2013 19:33:49 GMT -5
quit talking, show them your money You are consistently the worst poster on the board. Add something of value or shut up. If you're looking to blindly support something with your money, May I suggest the Sandusky defense fund. You're on that bandwagon too, right? Don't bother responding. Your long overdue ignore finally got clicked.
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DanMcQ
Moderator
Posts: 32,097
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Post by DanMcQ on Apr 4, 2013 6:00:57 GMT -5
OK, that's quite enough of that exchange.
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Post by JohnnyJones on Apr 4, 2013 16:17:11 GMT -5
quit talking, show them your money You are consistently the worst poster on the board. This is not true. And there are 15,385 posts to prove it.
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skyhoya
Golden Hoya (over 1000 posts)
Posts: 2,496
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Post by skyhoya on Apr 4, 2013 17:46:46 GMT -5
quit talking, show them your money You are consistently the worst poster on the board. Add something of value or shut up. If you're looking to blindly support something with your money, May I suggest the Sandusky defense fund. You're on that bandwagon too, right? Don't bother responding. Your long overdue ignore finally got clicked. Are you waiting to write a check for the naming rights or just going to continue to sit on your hands and run your mouth because you don't have a pot to Edited in?
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Post by HometownHoya on Apr 4, 2013 17:58:32 GMT -5
You are consistently the worst poster on the board. Add something of value or shut up. If you're looking to blindly support something with your money, May I suggest the Sandusky defense fund. You're on that bandwagon too, right? Don't bother responding. Your long overdue ignore finally got clicked. Are you waiting to write a check for the naming rights or just going to continue to sit on your hands and run your mouth because you don't have a pot to Edited in? Maybe that IS what he wants to name
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skyhoya
Golden Hoya (over 1000 posts)
Posts: 2,496
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Post by skyhoya on Apr 4, 2013 18:20:58 GMT -5
good point
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DanMcQ
Moderator
Posts: 32,097
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Post by DanMcQ on Apr 4, 2013 18:57:35 GMT -5
Just a friendly note to let y'all know I'll be deleting any future salvo(s) in this exchange.
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lichoya68
Blue & Gray (over 10,000 posts)
OK YOUNGINS ARE HERE AND ARE VERY VERY GOOD cant wait GO HOYAS
Posts: 17,443
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Post by lichoya68 on Apr 4, 2013 21:52:43 GMT -5
cant we all just be hoya family friends huh?? its almost november you all yup
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skyhoya
Golden Hoya (over 1000 posts)
Posts: 2,496
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Post by skyhoya on Apr 4, 2013 22:15:27 GMT -5
lic, R U ready for Kenner?
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lichoya68
Blue & Gray (over 10,000 posts)
OK YOUNGINS ARE HERE AND ARE VERY VERY GOOD cant wait GO HOYAS
Posts: 17,443
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Post by lichoya68 on Apr 7, 2013 12:40:02 GMT -5
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skyhoya
Golden Hoya (over 1000 posts)
Posts: 2,496
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Post by skyhoya on Apr 11, 2013 14:21:03 GMT -5
time to ask Michael Graham to step up
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