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Article
Publication date: 1 September 2005

Who's your donor?: A practical approach to building a revenue‐producing library prospect database

Gregory J. Griffin

To show how the use of a database of potential donors may increase the success of fund‐raising activities.

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Abstract

Purpose

To show how the use of a database of potential donors may increase the success of fund‐raising activities.

Design/methodology/approach

Explains how a database was used to collect information on potential donors. Each donor was given a value reflecting the strength of their connection to the library. These rankings were based on past gifts, areas of interest, and career, to name a few.

Findings

By using a database to collect, maintain, and monitor fund‐raising activities at the Syracuse University Library, the library has been able to collaborate with other university units and has achieved more visibility and success in development activities.

Originality/value

This study suggests a practical model that could be adopted by other libraries in similar institutions. Early results from the Syracuse University Library experience have been positive, and the library is now positioned as an important partner in campus fund‐raising activities.

Details

The Bottom Line, vol. 18 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/08880450510613614
ISSN: 0888-045X

Keywords

  • Academic libraries
  • Databases
  • Financing
  • Charitable donations

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Article
Publication date: 16 August 2013

Changing economic conditions for libraries: Fundraising performance in the University of Malawi libraries

Patrick Mapulanga

The purpose of this paper is to look at the impact of the Government subvention to the University of Malawi (UNIMA) from 2004 to 2009 financial years on its libraries and…

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Abstract

Purpose

The purpose of this paper is to look at the impact of the Government subvention to the University of Malawi (UNIMA) from 2004 to 2009 financial years on its libraries and assess levels of fund raising initiatives in the libraries.

Design/methodology/approach

The study adopted a case study approach. Interviews were conducted with five college librarians in the University of Malawi libraries. University budget estimates from 2004/2005 to 2009/2010 financial years were used to assess the amount of income generated by the libraries. Data are presented in the form of tables and analysed by calculating percentage increases and decreases.

Findings

UNIMA as a whole has done extremely well in generating income equivalent to subvention. On the other hand, UNIMA libraries are on the receiving end. From 2004/2005 to 2007/2008 financial years, no income was captured in the university budgets from the libraries. In the 2008/2009 and 2009/2010 financial years, UNIMA libraries realised 7.2 per cent and 5.4 per cent of the income. This means UNIMA libraries were heavily dependent on government subvention for their operations. Fundraising is not emphasised despite being an appropriate and alternative source of funding.

Practical implications

The study recommends that college librarians should consider diversifying income‐generating activities and consider fund raising activities as well. Heavy reliance on government subvention is not sustainable. Libraries should seriously consider fundraising.

Originality/value

There is an information gap on fund raising activities in UNIMA libraries. This information bridges the gap on sources of income for UNIMA libraries and provides an assessment of fund raising initiatives taken by UNIMA libraries.

Details

The Bottom Line, vol. 26 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/BL-12-2012-0035
ISSN: 0888-045X

Keywords

  • Changing economic conditions
  • Income generating activities
  • Fund raising
  • Government subvention
  • Academic libraries
  • Malawi

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Article
Publication date: 1 March 2002

ALADN: the Academic Library Advancement and Development Network

Gwendolen Rochester Leighty

Fund‐raising is becoming an integral part of contemporary library management, particularly for academic and research libraries. Libraries are establishing or strengthening…

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Abstract

Fund‐raising is becoming an integral part of contemporary library management, particularly for academic and research libraries. Libraries are establishing or strengthening development operations and seeking information on best practices in fund‐raising. In response to this growing priority of library directors and deans, and to meet demand for a forum in which development staff can share ideas and successes with each other, the Academic Library Advancement and Development Network (ALADN) was formed in 1996. This article highlights: the origins and purpose of ALADN; prime benefits of ALADN to the profession of library development; and a summary of the 2001 ALADN Conference in Washington, DC.

Details

The Bottom Line, vol. 15 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/08880450210415734
ISSN: 0888-045X

Keywords

  • Fund‐raising
  • Development
  • Libraries
  • Philanthropy

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Article
Publication date: 1 December 2000

Buck raising in a small academic library: endowed book funds are an answer

Leland M. Park

Fund‐raising has become a more important part of the job of academic library directors. Small college libraries with small staffs must devise methods to raise funds, which…

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Abstract

Fund‐raising has become a more important part of the job of academic library directors. Small college libraries with small staffs must devise methods to raise funds, which are not burdensome for any one staff member. Endowed book funds are described here as such a vehicle for fund‐raising. The case described, now 25 years in place, has raised an endowment of over $6 million.

Details

The Bottom Line, vol. 13 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/08880450010355913
ISSN: 0888-045X

Keywords

  • Fund‐raising
  • Academic libraries
  • Higher education

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Article
Publication date: 1 February 1989

The Small Library and Fund‐Raising for Automation

Dwight F. Burlingame

Small libraries can take advantage of alternative funding sources to address their automation needs and thus make available to their patrons the advantages of an…

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Abstract

Small libraries can take advantage of alternative funding sources to address their automation needs and thus make available to their patrons the advantages of an “information rich” society. However, careful planning, research to identify receptive funding sources, and consistent, confident, knowledgeable communication of needs and objectives are requisite to the successful solicitation of funds. Burlingame, a university vice‐president who is responsible for fund‐raising at his institution, provides advice on the principles of successful fund‐raising. A sidebar discusses the Foundation Center.

Details

Library Hi Tech, vol. 7 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/eb047756
ISSN: 0737-8831

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Article
Publication date: 1 June 2005

Creating partnerships that pay off

Linda Bennett

To assist library development staff in redefining who their library donors and constituency are in order to broaden the donor pool.

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Abstract

Purpose

To assist library development staff in redefining who their library donors and constituency are in order to broaden the donor pool.

Design/methodology/approach

Uses strategies developed by fund‐raising efforts at the University of Michigan.

Findings

Cooperative development initiatives can lead to untapped fund‐raising opportunities by looking across campus and considering developing new relationships with departments and colleagues, thinking creatively about cultivation opportunities, and educating and finding ways to reward new friends.

Originality/value

Suggests ideas that lead to a library development program that can engage and touch lives on campus and in the community, which also can translate into fund‐raising opportunities.

Details

The Bottom Line, vol. 18 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/08880450510597541
ISSN: 0888-045X

Keywords

  • Fundraising
  • Academic libraries
  • Charitable donations
  • Libraries
  • Partnership

Content available
Article
Publication date: 1 March 2002

Fund-raising

Gwendolen Rochester Leighty

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Abstract

Details

The Bottom Line, vol. 15 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/bl.2002.17015aab.003
ISSN: 0888-045X

Keywords

  • Fund-raising
  • Development
  • Library advancement
  • Philanthropy

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Book part
Publication date: 7 July 2006

Raising Revenues for Charity: Auctions Versus Lotteries

Douglas D. Davis, Laura Razzolini, Robert J. Reilly and Bart J. Wilson

We report an experiment conducted to gain insight into factors that may affect revenues in English auctions and lotteries, two commonly used charity fund-raising formats…

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Abstract

We report an experiment conducted to gain insight into factors that may affect revenues in English auctions and lotteries, two commonly used charity fund-raising formats. In particular, we examine how changes in the marginal per capita return (MPCR) from the public component of bidding, and how changes in the distribution of values affect the revenue properties of each format. Although we observe some predicted comparative static effects, the dominant result is that lottery revenues uniformly exceed English auction revenues. The similarity of lottery and English auction bids across sales formats appears to drive the excess lottery revenues.

Details

Experiments Investigating Fundraising and Charitable Contributors
Type: Book
DOI: https://doi.org/10.1016/S0193-2306(06)11003-0
ISBN: 978-0-76231-301-3

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Article
Publication date: 16 April 2018

Use of Big Four auditors and fund raising: evidence from developing and emerging markets

Leif Atle Beisland, Roy Mersland and Øystein Strøm

This study is motivated by recent research suggesting that the funding benefits of using Big Four auditors may not be as uniform as were previously assumed. The purpose of…

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Abstract

Purpose

This study is motivated by recent research suggesting that the funding benefits of using Big Four auditors may not be as uniform as were previously assumed. The purpose of this paper is to analyze the relationship between use of Big Four auditors and access to debt capital by applying data from microfinance institutions (MFIs) in emerging countries, a population typically not investigated in accounting research.

Design/methodology/approach

The authors apply a unique hand-collected data set from 60 emerging markets and empirically investigate whether access to various debt categories is related to the use of Big Four auditors.

Findings

The authors find that access to international commercial debt, international subsidized debt and government agency debt is positively related to the use of a Big Four auditor. For local commercial debt, the authors find no association between auditor type and access to debt capital. The association between auditor choice and access to debt capital is stronger for nonprofit than for-profit MFIs.

Originality/value

This is the first audit quality study to include a broad sample of emerging countries, which in itself is an important contribution. As far as general audit quality research is concerned, the authors take the literature one step further by showing that the benefits of using a Big Four auditor may be dependent on the specific source of debt financing a firm or organization seeks to use. Moreover, the authors demonstrate that the for-profit vs nonprofit dimension influences the relationship between auditor choice and access to capital.

Details

International Journal of Emerging Markets, vol. 13 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/IJoEM-11-2016-0321
ISSN: 1746-8809

Keywords

  • Accounting
  • Governance
  • Emerging markets
  • Microfinance institutions

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Article
Publication date: 1 September 2002

A case study of successful library fund‐raising: the right mix of deliberate strategy, “opportunity knocks” and “Lady Luck”

Gillian M. McCombs

In November 1998, the new Fondren Library Center (FLC) was dedicated at Southern Methodist University (SMU) in Dallas, Texas. This building, connecting the main Fondren…

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Abstract

In November 1998, the new Fondren Library Center (FLC) was dedicated at Southern Methodist University (SMU) in Dallas, Texas. This building, connecting the main Fondren Library with the Science and Engineering Library (SEL), was the first building to be completed in SMU’s five year capital campaign “The campaign for SMU: a time to lead”, 1997‐2002. Was this seminal event a reflection of the university’s commitment to its library system; a tribute to donor generosity; the result of intense lobbying on the part of faculty and library staff; a happy accident; or some combination of all of the above? The article hopes to show that, like much fund‐raising, the latter was the case.

Details

The Bottom Line, vol. 15 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/08880450210438180
ISSN: 0888-045X

Keywords

  • Fund‐raising
  • Development
  • Libraries
  • Philanthropy

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