Historical Commission Agenda and Packet 2012 05 16

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Historical Commission Minutes March 21, 2012 Page 3 of 3 Treasurer’s Budget:Dave Ferguson A. Dave presented the following report: Previous Balance $7,604.84 Expenses $ 2,149.84 Receipts $ 862.00 CD $25,140.63 Savings $17,514.91 Checking $ 6,317.00 Total $48,972.54 The Commission approved the Treasurer’s report. Membership and Fundraising B. Membership statistics and fundraising report 1. Plan for contacting members with renewal reminders. 2.Everyone is willing to help and will wait for Dan to assign a list of names to call or email. Business Sponsorships 3. Update -- Renewal reminders a.. Update – Sponsor Logos. b.Several Commission members have been working on getting sponsor logos. Jennifer encouraged members to contact Dan within two weeks with status. Discussion/Approval of expenses. C. The Commission approved the following expenses: 1. Facilitator for April Planning Meeting. Chairperson’s Report D.. As Dan Mellish was absent, Jennifer Strand provided a summary of an Association of Northern Front Range Museums professional group meeting (ANFRM) that they both attended along with Bridget concerning “Cultivating Individual Donors.” Families are the key to Museum funding. Donor cultivation is a personal, face-to-face activity in which a museum must first understand what motivates its donors and then create opportunities to meet those needs and receive their support. Patterns of giving and a broad overview of donor characteristics were shared: -- 73% of museum giving comes from individuals. -- Women give more often than men, but men give larger sums. -- All want to feel connected and to be thanked. -- People 65+ have 47 times more weather than those 35 and under. -- Museums need support from all age and gender groups and need targeted outreach. -- Older donors tend to be attracted to heritage tourism where they may travel and learn. -- Millennials (30 and under) tend toward the new and value personal contact over electronic contact. Cocktail parties and single volunteer day events may attract their participation. -- Women tend toward social events and are more likely to share what they learn with the wider community. -- When planning a building fund may need to consider attracting two kinds of donors: support for construction and sustaining support. Commission Comments and Discussion Items for Next Meeting. E. None. Close Fundraising Board Meeting and Adjourn. F. The meeting adjourned at 8:10 p.m.