by Sarah Musgrave and Sophie-Louise Hyde
Loughborough Students Rag raised over £1.4million pounds during 2011-12 whilst still ensuring that volunteer satisfaction was of key importance to the section.
As Student Fundraising Organisations or Rags (as they are most commonly known), increasingly raise millions of pounds for their chosen charities all across the country each year, it is not surprising that the organisation, their Rag Chair or Manager, and the students involved within the sections, are having to become more business-minded. However, it is with this moment of change in mind that one must ask the question that all Rag Chairs and Committee Members of university charity sections have come to fear: ‘What is more important – the amount of money you raise or the satisfaction of your volunteers?’ Of course the answer might be obvious to you, but in the world of fundraising where competition is fierce and to be best in the field, a keen eye on the finances of your organisation is needed, it can and has been, a tricky question for some.
University of Warwick student, James Beavis, has raised more than £26,000 for charity Crisis, which raises money for homeless people.
The 22-year-old Biomedical Science student from Devon spent eight nights sleeping rough in Lewisham, from December 22 to December 30.
Missing Christmas with his family and friends, he said his motivation was twofold: “I wanted to get people challenging the stigma and stereotype attached to homelessness. People don’t realise how difficult being homeless actually is. Every day is a struggle. “I only did it for eight nights and nine days, but people go through this struggle 365 days of the year.”
by Cara Pleym
Intern at Bloom VC
As a young skint student myself, I can empathise with printing 4 pages per sheet because you can’t afford any more paper or ink, and giving up on the diet because let’s face it, it’s cheap and gives us an excuse to fuel study sessions with sugar. I also know what it’s like to pray for pay day and beg your mum for an extra tenner for ‘uni supplies’. There’s a lot that we have to give up and put to one side for our studies, but thanks to the revolution of crowdfunding, your ideas are no longer one of them!
At Hubbub, we meet a lot of people and talk to a lot of people about crowdfunding. We pitch to investors, education departments, student unions. And we have been explaining crowdfunding to the UK market now for over a year.
A post by recently successful crowdfunder, Sarah Bedford of Durham University, on what she learned about crowdfunding through her own campaign with Hubbub. What can you learn from Sarah’s experience?