Why would you consider locking capital into a long-term fund?
Arts organizations are the proverbial spinners of straw into gold, as your donors come through every year. But the world of philanthropy is changing. More donors are thinking strategically, and that often means long-term.
When it comes to delivering a product on time and on budget, you have few equals in the business world. An opening night is set for some distant date, and by 8pm on that given evening, the doors open and the magic starts... and your audience has no idea of the financial challenges involved in making that happen. Year after year, you cast a much longer shadow than your resources would seem to make possible.
So we’re not going to lecture you about the need for financial independence, accountability and long range planning. We understand that it is difficult to plan for long-term financial stability when there are so many urgent needs in the current operating year. But with access to investment strategies, advice and resources that might not otherwise be available to you, perhaps we can help you start each new year with a growing pile of straws that have already been spun into gold. As you attract other donors who want to make an enduring difference, we can work with you to devise fundraising strategies that will help you generate money for current needs by leveraging the capital you are raising for the long-term.
We live in the same non-profit world that you do, so we understand not-for-profit thinking. We take the time to consider each situation on a case-by-case basis so that, in tandem with you and your donors, we can build innovative long-term funds with varying degrees of flexibility. And do so at a low cost and with access to leading investment managers.
Let’s have a conversation about how we can collaborate to create a more financially secure future for your organization.
Where are you going over the next 20 years and how can we help you get there?
Quote from Alan Walker, Executive Director of the Ontario Arts Foundation
“To determine whether a long-term fund is the right solution for your organization, you’ll need to be able to answer three questions.
- Where are you in your journey of growth as an organization?
- What do you know about the people who support you and how they prefer to support you?
- If a long-term fund is for you, what form should it take?”
Executive Director, MASC
MASC started 26 years ago as an Ottawa-based arts education organization, delivering arts education, workshops and arts residencies in school boards in Ottawa. Twenty-six years later, MASC represents a roster of over 68 professional artists who offer workshops, performances, artist-in-residence programs and professional development in music, dance, drama, literary, media and visual arts.