Fundraising Salaries

moncs

Hi,

I have been running an annual fundrasing event which generates on average £10,000 each year for local charities. The event has now been running for 5 years and well established in the city, so much so a large organisation has came to me asking if I would be willing (with their help) roll out the idea nationwide (and hopefully beyond)

They have asked me what salary I would be looking for. Thats the problem, I have no idea what to say... I run the annual event solely in my spare time and take no money as 100% of the money raised goes to charity.

My FT job earns me £32k p/a and would not want to move for any less.

So I suppose my question is, is asking for the £32k feasable for that sort of role?

It has potential to make £10k per city each year and we would be looking to expand to at least 20/25 cities within 3 years.

silaren

If you're looking to set it up as a separate entity, have you tried googling 'charity CEO" jobs? - that will give you some guidelines regarding how much they get paid. But from memory, I think it's around the £60-£100k mark.

Otherwise, if you just want to focus on the fundraising part rather than setting up your work as a separate entity, try googling "fundraising jobs."

PlutoinCapricorn

You might be able to get advice from job agencies. Have a look at some of these:

https://www.charityjob.co.uk

jobs.thirdsector.co.uk

jobs.guardian.co.uk/jobs/charities

https://www.charitypeople.com

oldtoolie

There's a big range in fundraising salaries depending on the size of the organisation and the responsibilities. For a funded start-up, £32k with reasonable benefits is a good starting place. And you say that is your requirement anyway.

But you need a detailed business plan to see if the plan is feasible. Is the £10k per event before or after expenses? What might be practical as a volunteer run event might not add up as staff run event. No doubt there will be economies of scale but you do need to work it out.

moncs

Thanks for all the replies, after doing some more digging £32k does seem like a feasable salary for this position.

Oldtooloe - The £10k I mentioned if after costs, so there is no reason why we cant raise at least £10k per city and running this in at least 20 or 30 cities around the UK and possibly beyond.

Much to think about :-)

paulwf

I don't think there is any harm in saying to them that you are on £32K currently so wouldn't want to move for any less. The ball is then in their court to decide whether or not they can make the numbers work.

Don't forget though that both sides will need to think about the overall package. If you are co-ordinating events in 25 locations you will probably need a company phone, company car, and a hotel and meals budget. Will you also be prepared to spend a considerable amount of time on the road if that is what the job entails?

paddyrg

How about a basic and a bonus? Basic to cover your bare living costs, bonus based on a few % of the amount raised after costs. It'll keep you keen, and it'll make it easier for the employer to agree your salary as it'll be lower risk and upfront cost.

oldtoolie

A bonus wouldn't help. The aim is to build a sustainable project not to whip in with a quick take-the-money and run. If they don't have enough money to do the long term development including a reasonable salary for the promoter, it probably isn't viable anyway.

Savvy_Sue

oldtoolie wrote: »

A bonus wouldn't help. The aim is to build a sustainable project not to whip in with a quick take-the-money and run. If they don't have enough money to do the long term development including a reasonable salary for the promoter, it probably isn't viable anyway.

true, but some of our f/r jobs have 'raise x times salary within the first Y months' as part of their job targets.

I think a key question is "would you want to do this f/t as a job?" something that is enjoyable in your spare time once a year could become quite tedious after the first 6 events in 3 months.