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Legacy Promotion
in a Recession

Eifron Hopper, RNIB
•   September 2007 run on Northern Rock
•   September 2008 Collapse of Lehman Brothers
•   October 2008 Bank bailouts begin
•   December 2008 Woolworths closes!!!
•   October 2009 GDP shrinks for 6th Quarter
•   May 2010 General Election
•   October 2010 Announcement of public spending cuts
•   February 2011 beginning of the Euro crisis
•   November 2011 unemployment hits 2.6m
•   March 2012 Budget-cuts in welfare spending and 50p
    tax rate
What is the impact on charities?

• The double whammy

• "You ain't seen nothin' yet!"
What is the Impact on Legacies?
• Immediate
  - Values
  - Numbers

• Future
  - Will people be less generous?
  - Will the shift to pecuniaries grow?
What are the pressures?

• Forecasting
• Everyone is struggling
• Honesty: is it the best policy?
Charities' response

• Short-termism

• "That way madness lies"
How do we respond?

• Analysis- be equipped
• How do you measure your activity?
• Implications of cuts (make
  assumptions)
• Make the case -everybody else will!
What if it happens?

• Back to basics
• Why do people leave legacies?
• Why do they support your charity?
• Who are our stakeholders?
• How can we reach them?
• What are our most responsive
  activities?
• Analyse & Prioritise
• Geographical prioritisation
• Returns not ease of access
•   Piggy-backing
•   Advertising
•   PR
•   Newsletters
•   Internal marketing
• Messaging

• Emergency appeals?
And finally…


Make yourself indispensible - because you are!
Contact details
Eifron Hopper email address:
eifron.hopper@rnib.org.uk

Remember a charity website:
www.rememberacharity.org.uk

Legacy Foresight website:
www.legacyforesight.co.uk

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Legacy promotion in a recession eifron hopper - rnib

  • 1. Legacy Promotion in a Recession Eifron Hopper, RNIB
  • 2. September 2007 run on Northern Rock • September 2008 Collapse of Lehman Brothers • October 2008 Bank bailouts begin • December 2008 Woolworths closes!!! • October 2009 GDP shrinks for 6th Quarter • May 2010 General Election • October 2010 Announcement of public spending cuts • February 2011 beginning of the Euro crisis • November 2011 unemployment hits 2.6m • March 2012 Budget-cuts in welfare spending and 50p tax rate
  • 3. What is the impact on charities? • The double whammy • "You ain't seen nothin' yet!"
  • 4. What is the Impact on Legacies? • Immediate - Values - Numbers • Future - Will people be less generous? - Will the shift to pecuniaries grow?
  • 5. What are the pressures? • Forecasting • Everyone is struggling • Honesty: is it the best policy?
  • 7. How do we respond? • Analysis- be equipped • How do you measure your activity? • Implications of cuts (make assumptions) • Make the case -everybody else will!
  • 8. What if it happens? • Back to basics • Why do people leave legacies? • Why do they support your charity?
  • 9. • Who are our stakeholders? • How can we reach them? • What are our most responsive activities? • Analyse & Prioritise • Geographical prioritisation • Returns not ease of access
  • 10. Piggy-backing • Advertising • PR • Newsletters • Internal marketing
  • 12. And finally… Make yourself indispensible - because you are!
  • 13. Contact details Eifron Hopper email address: eifron.hopper@rnib.org.uk Remember a charity website: www.rememberacharity.org.uk Legacy Foresight website: www.legacyforesight.co.uk