Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 


The Funding Network fires up NZ philanthropy

The Funding Network fires up NZ philanthropy


“Dragons’ Den for charities” to launch here


As a London art dealer, trading the works of Picasso and Munch, Dr Fred Mulder made a dollar or two. But he realised early on stashing his riches away for himself wasn’t an especially satisfying way to live.


So, in 2002, he launched The Funding Network (TFN) in Britain. Described as ‘Dragons’ Den for charities’, the not-for-profit organisation allows social entrepreneurs to pitch for funds at live crowd-funding events. Next month, Dr Mulder will be here for the launch of the concept in NZ.


Given his own impressive track record, Dr Mulder is great at encouraging others to loosen their purse strings, with The Funding Network flourishing in every country it has reached. Across Britain, Canada, South Africa, Bulgaria, Romania, the United States and Australia, more than 150 events have been held, 750 charities supported and in excess of NZD $13 million raised.


New Zealand’s first TFN event will be held at Auckland’s Q Theatre on Tuesday, September 9. Broadcaster Carol Hirschfeld will MC and, along with representatives from TFN UK and Australia, Dr Mulder will be here – he doesn’t miss many TFN events and pledges at all of them.


“The Funding Network aims to democratise philanthropy by providing an attractive and accessible entry point for new givers,” says Dr Mulder. “The TFN model caters to a group we describe as the ‘mass affluent’; those whose giving may not put them in the same league as a Bill Gates, but who nonetheless have the capacity to make meaningful financial and in-kind contributions to issues they care about. They also get to experience the fulfilment and enrichment that comes from this.”


TFN’s model recognises success in this space isn’t just about finances; it’s about community.


“The environment we create inspires people to raise more as a group than they could as individuals,” says Dr Mulder. “It also encourages people to give more than just money. Our guests hear about new solutions to community issues, they ask questions, and then they pledge support to social entrepreneurs who have big ideas but limited resources.”


Following nominations by TFN members, four Kiwi groups have been selected for the Auckland showcase. They include a unique approach to empowering vulnerable young mums, Auckland’s only mobile environmental classroom, a programme bringing the medicine of laughter to hospitals, and an arts-based initiative for teaching those excluded from mainstream schooling.


The groups are currently being mentored and receiving pitch training, in preparation for six minutes each on stage on September 9 where they’ll field six minutes of questions before the pledging session starts. A year later, each organisation will report back to donors on the impact of the funding they received.


While this is the first time TFN has been in New Zealand, Dr Mulder has a strong connection to the country. After the Rainbow Warrior was sunk in Auckland Harbour in 1985, he suggested Greenpeace use advertising as a means of attracting new members. He took the risk of underwriting the advertising campaign, which he insisted be placed on the front pages of newspapers alongside news about Greenpeace. The ads were extremely successful and Dr Mulder has since helped other groups, such as the anti-apartheid movement, fund similar campaigns. In the UK, he was awarded a CBE in 2012 for his service to philanthropy.


Helping launch The Funding Network in New Zealand are two Kiwis who had the same idea at the same time. Earlier this year, businessman Nick Edgar and the CEO of Auckland Communities Foundation Hilary Sumpter independently enquired to the UK about establishing a New Zealand group. They formed a steering committee with the aim of bringing TFN to Auckland.


“We’re delighted to be at this stage,” says Edgar. “We believe The Funding Network can have a big impact in New Zealand as it provides a terrific platform for individuals, foundations and corporations to give collectively.”


Sumpter believes working with TFN can help widen the fundraising landscape in New Zealand. “Our aim is to use TFN to broaden the culture and practice of giving by making it accessible, engaging, collaborative, fun and rewarding for all,” she says. “Pledges at TFN events can start at $100 and we’re aiming to raise at least $10,000 for each organisation that pitches.”


The Macquarie Group Foundation helped establish TFN in Australia and, alongside Macquarie Private Wealth NZ, is a key supporter of the Auckland event. “We have seen the impact TFN has had in Australia and we want New Zealand to share that experience,” says Laurence Fitzpatrick, Head of Macquarie Private Wealth NZ. “TFN brings together the elements innovative charities need to succeed. It offers social entrepreneurs the rare opportunity to showcase their work, secure funding and mentoring, and expand their donor base and networks. It’s a special mix and one we’re proud to be part of.”

ends


© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Shipped On A Bottle: Young Change-Makers Take To The Sea On Plastic Bottle Kayaks

With the aim of harnessing innovative design to construct kayaks solely from recycled materials, the “waste positive” project Plastic Bottle Kayak brings adventure into Kiwi classrooms. The call is out now for classrooms to send in messages and artwork to be inserted into the bottles. More>>

TV3 Video: Auckland Arts Festival Kicks Off

The Auckland Arts Festival kicks off March 4, with artists from New Zealand and all over the world on show. More>>

ALSO:

Te Matatini: Minister Applauds National Kapa Haka Festival

Education Minister Hekia Parata wishes the best of luck to everyone involved in this week’s national kapa haka festival, Te Matatini, in Christchurch. “Te Matatini showcases the very best of Māori performing arts talent. It’s a celebration of identity, language and culture at the highest level and I’m looking forward to being amongst it,” says Ms Parata. More>>

ALSO:

Kiwi Pride: Accolades For Film About Man Who Falls In Love With A Stick

A short animated film written and directed by New Zealand born Matthew Darragh has been selected for the Courts des îles, International Festival of Short Fiction Films. More>>

ALSO:

Anniversaries: Vivid Memories Four Years After Christchurch Quake

Four years ago, an earthquake that would change the lives of thousands shook Christchurch at 12.51 p.m. More>>

ALSO:

Environment 'n' Conservation: Slash Meets Tāne The Tuatara

Rock and Roll superstar and former Guns 'n' Roses guitarist Slash visited Zealandia Ecosanctuary along with collaborating band Myles Kennedy and the Conspirators. More>>

Canterbury Quakes: Feedback Sought On Short-Listed Memorial Designs

Six short-listed designs for the Canterbury Earthquake Memorial have been released for public input... The Memorial will honour the victims of Canterbury’s earthquakes and acknowledge the suffering of all those who lived through them as well as the heroism of those who participated in the rescue and recovery operations. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news