|Additional PBP fundraising tips for PeterRider||ms|
Mar 25, 2003 7:45 AM
|Since I posted my response to your post yesterday requesting sample letters for fundraising, I thought about successful proposals in which I have been involved. The usual package has included: (1) a short cover letter (two or three paragraphs essentially stating the purpose of the submission and what is attached to it); (2) any formal application the funder has requested; (3) if there is not a formal application, a description of the proposal and a detailed budget; (4) background information about the project. 1, 2 and 3 are farily standard. The background information is where you can be creative and the area that may have the greatest influence on your PBP proposal. If you were applying for funding to go the the Olympics or some other well-known thing, you really would not need to have much background. But, unless you are applying to a group of knowledgeable cyclists, my guess is that your prospective funder will know nothing about PBP. An article or other information about PBP from a third-party source would be a good attachment. Especially, something that describes how hard and important it is. Also, I think that attaching the PBP eligibility rules and an explanation of what you have to do to qualify could impress the funder. Before you can qualify, you and your compatriots will have to do a lot of work (i.e., brevets). You are not just asking for funding for a vacation. You are asking for funding to allow you to complete something upon which you have been working for some time. Finally, you need to emphasize that the event only occurs once every four years -- you need the money now, not next year. A lot of funders see proposals that they like, but try to stretch their budgets by postponing funding for some period of time.
One last thought: Do you or your fellow riders know anyone that has lots of frequent flier miles. For example, I would expect that administrators that have to travel a lot (e.g., fundraising trips, conferences) have lots of miles. It is a lot easier (and a lot less painful for the donor) to give up frequent flier miles than cash. A free plane ticket to France could cut your costs significantly.