Institute Announces Results of 'Innovation Zone'
Howard Lake | 26 October 2007 | Newswire
Today, the Institute of Fundraising (‘Institute’) is announcing the results of the ‘Innovation Zone’ that took place on Thursday 20th September, and inviting suppliers to submit their products for Thursday 7th February 2008.
Three suppliers took part, presenting their products for review and assessment.
· PRIME (Payroll Income Management and Evaluation) – Presented by billets
This is a simulator which can be used to manage and forecast Payroll Giving income. PRIME is a system which enables charities to monitor attrition, forecast and report Payroll Giving income, and also facilitate the ‘flagging’ of missed payments.
· Charity Christmas cards – Presented by Studio51
Although charity Christmas cards are in themselves not innovative, Studio51’s cards offer a new solution to the common problem charities experience in receiving only a nominal amount from the sale of conventional charity cards. Studio51 is an online retail venture which passes 51 per cent of the sale price from its cards to charity, in comparison to the 10 per cent or less of most providers.
· JumbleAID
This website is a new concept in reducing landfill by reuse and supporting charities. Members of the public are assisted in finding new homes for unwanted items, in return for a donation to charity. JumbleAID combines the ethos behind Freecycle with the technology of ebay, effectively benefiting both ‘gifter’ and ‘seeker’.
The panel gave each product a rating on the scale of 1-5, (1*-low, 5*****-high).
PRIME Studio51 JumbleAID
Practical application **** **** ****
Innovation *** *** *****
Fundraising Potential **** **** *****
Megan Pacey, Director of Policy and Campaigns at the Institute of Fundraising says:
The Institute’s Innovation Zone is now well established itself as the leading road-testing forum for fundraising products and services, and as a facilitator and promoter of innovation to support fundraising organisations.
The three concepts described in the latest Innovation Zone all scored highly in their fundraising potential, and offer practical benefit to a range of fundraisers and fundraising charities. I was delighted by the high quality and innovative products that were presented to this panel.â€
The findings of the Innovation Zone Panel have been published in a full report, exclusively for Organisational members of the Institute of Fundraising. A summary report is available for all interested parties online at www.institute-of-fundraising.org.uk.
The Innovation Zone is a regular schedule of quarterly events. Suppliers and Organisational members who would like to take part or find out more are invited to email: po****@in**********************.uk. The closing date for applications from suppliers is Thursday 24th January 2008.
-ENDS-
MEDIA QUERIES
For further information, please contact:
Diana Mackie Tel. 020 7840 1027/ 07793 802 852
Institute of Fundraising email: di****@in**********************.uk
NOTES TO EDITORS
1. Institute of Fundraising
The Institute of Fundraising represents fundraisers and fundraising throughout the UK and is committed to the highest standards in fundraising management and practice. The Institute of Fundraising is the largest individual representative body in the voluntary sector with 4500 Individual members and 250 Organisational members.
2. Innovation Zone Panel
Innovation Zone is a road-testing system for fundraising products and services, established to facilitate and promote innovation in fundraising. New products and services are presented to a live panel of the Institute’s Organisational members, who will review and assess supplier’s proposals.
Panel representatives for the Innovation Zone are selected from the Institute of Fundraising’s Organisational member charities and will also include one of the Institute’s policy team. For enquiries about becoming a panel member, please contact po****@in**********************.uk
3. Organisational membership of the Institute of Fundraising
Through Organisational membership, charities and suppliers alike can sign up to best practice in fundraising. The Institute works to shape policy and influence legislation, engaging with charities, Government, media, general public, and other relevant bodies across a broad spectrum of issues that impact UK fundraising. As members, you will be kept up to date with key policy and regulatory developments, as well as changes to the recommended standards for fundraising, the Codes of Fundraising Practice. Organisational membership is your route to drive and effect change.
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.