How Can a College Math Club Secure External Funding?

In summary: Then pitch it to the rest of the club and see if anyone has any qualms. :)In summary, Dave suggests contacting local businesses and asking for donations to support the Math Club. He also suggests establishing a meeting with the club to brainstorm ideas and garner support.
  • #1
dkotschessaa
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Does anybody have advice on how to get funding for a College Math club from sources outside the university? I know our physics club was able to write letters to various organizations requesting for donations and they got incredible results. I am going to check with them (though I hope we are not competing!) but I was wondering if anybody had advice on the following:

General format for the letter
Finding what companies might be interested (Companies who do math and science in our case)
Addressed to whom? Departments? Individuals?

I suppose we could also do fundraising, but I'm not sure what kind of things a math club can do that actually has added value for the students. (Meaning, we don't want to order whole pizzas and re-sell it by the slice).

Ideas? Thanks,

Dave K
 
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  • #2
dkotschessaa said:
Does anybody have advice on how to get funding for a College Math club from sources outside the university? I know our physics club was able to write letters to various organizations requesting for donations and they got incredible results. I am going to check with them (though I hope we are not competing!) but I was wondering if anybody had advice on the following:

General format for the letter
Finding what companies might be interested (Companies who do math and science in our case)
Addressed to whom? Departments? Individuals?

I suppose we could also do fundraising, but I'm not sure what kind of things a math club can do that actually has added value for the students. (Meaning, we don't want to order whole pizzas and re-sell it by the slice).

Ideas? Thanks,

Dave K

Hi Dave,

I was elected treasurer of the Math Club at my university for the upcoming fall and spring semesters. Fortunately, I was able to obtain most of the funding we needed internally, so I haven't had to go outside of the university yet. However, we're hoping to tour the Googleplex later in the semester, so I'm pretty sure I'll need external funding for that. My plan of attack is to write to local businesses and ask them if they would like to contribute to the success of our state's future employment base. I will explain how the club has contributed to the social and academic success of its members. I will also inform them of the write-off benefits of a donation, in hopes to appeal to the business aspects of such a decision.

Fundraising idea: Depending on the structure of academic services at your university, there might be a market for tutoring students. I would find out how much funding you need in order to do the things the club wants to do, then you can audit the tutoring idea against your needs to see if it's even practical and/or sufficient. If it looks like it will work, you can ask members for their schedules and assign them time slots that will work for them. Figure out a structure for the tutoring service: regularly scheduled sessions at specific times each week where members are available to walk-ins, or "upon request" sessions in which a student contacts the club and sets-up a session with a member who's available during the requested time(s). Find out what will work best for the majority of the club and print out some simple fliers to post around campus.

I also suggest a meeting; get the club together and ask for ideas. Make them contribute! A good brainstorming session can illuminate avenues you haven't explored or didn't know existed. Hint: I've found that if you provide food1, attendance skyrockets. :wink:

1 nothing fancy, cheap pizza has always been sufficient

Best of luck in your fundraising endeavors! :smile:
 
Last edited:
  • #3
dkotschessaa said:
Does anybody have advice on how to get funding for a College Math club from sources outside the university? I know our physics club was able to write letters to various organizations requesting for donations and they got incredible results. I am going to check with them (though I hope we are not competing!) but I was wondering if anybody had advice on the following:

General format for the letter
Finding what companies might be interested (Companies who do math and science in our case)
Addressed to whom? Departments? Individuals?

I suppose we could also do fundraising, but I'm not sure what kind of things a math club can do that actually has added value for the students. (Meaning, we don't want to order whole pizzas and re-sell it by the slice).

Ideas? Thanks,

Dave K

IMO, when in doubt, call math and science department alumni. Look for those that have obtained more significant positions in their companies, and ask them if they'd mind helping to sponsor the math club. Give them a realistic dollar number you'd need for startup and ultimately what you'd like to get to in club capability with multiple contributors and where the money will go. Tell them you hope to be able to obtain folks like them to speak, which would potentially require the club to at least pay their way. Additionally, you'd like the club to be able to take field trips to companies like theirs to see math in action. e.g. See what math majors do in the real world. As you can probably tell, stressing the connection with the donor's company (involving the company in more than writing a check, public relations, prospective employees, etc.) can help them see a benefit.

FWIW, I write a check every year to my college Engineering Physics Club, and I've been invited to speak a few times.
 
  • #4
Dembadon said:
Hi Dave,

I was elected treasurer of the Math Club at my university for the upcoming fall and spring semesters. Fortunately, I was able to obtain most of the funding we needed internally, so I haven't had to go outside of the university yet. However, we're hoping to tour the Googleplex later in the semester, so I'm pretty sure I'll need external funding for that. My plan of attack is to write to local businesses and ask them if they would like to contribute to the success of our state's future employment base. I will explain how the club has contributed to the social and academic success of its members. I will also inform them of the write-off benefits of a donation, in hopes to appeal to the business aspects of such a decision.

Which business are you targeting? I'm not sure which ones are "mathy."

Fundraising idea: Depending on the structure of academic services at your university, there might be a market for tutoring students. I would find out how much funding you need in order to do the things the club wants to do, then you can audit the tutoring idea against your needs to see if it's even practical and/or sufficient. If it looks like it will work, you can ask members for their schedules and assign them time slots that will work for them. Figure out a structure for the tutoring service: regularly scheduled sessions at specific times each week where members are available to walk-ins, or "upon request" sessions in which a student contacts the club and sets-up a session with a member who's available during the requested time(s). Find out what will work best for the majority of the club and print out some simple fliers to post around campus.

Unfortunately (or fortunately) our school offers free tutoring to all students, so we'd have a hard time making money off this one. In fact in addition to math club I will be tutoring this semester.

[QUOTE
I also suggest a meeting; get the club together and ask for ideas. Make them contribute! A good brainstorming session can illuminate avenues you haven't explored or didn't know existed. Hint: I've found that if you provide food1, attendance skyrockets. :wink:

1 nothing fancy, cheap pizza has always been sufficient
Best of luck in your fundraising endeavors! :smile:[/QUOTE]

Yes, our typical meetings (every two weeks) consist of pizza, soda, and a speaker or some other activity, plus whatever announcements need to be made. I suppose we could ask there, though I was trying to keep it the concern of the officers and advisors. hmmmm

-DaveK
 
  • #5
dkotschessaa said:
Which business are you targeting? I'm not sure which ones are "mathy."

There are a few software companies, of varying size, in the area. They provide internships for math majors at the university, so I figured they'd be a good place to start. GE also has a location not far south of the campus ('bout a 30 minute drive) and I've been told they might be willing to throw some money our way.

Unfortunately (or fortunately) our school offers free tutoring to all students, so we'd have a hard time making money off this one. In fact in addition to math club I will be tutoring this semester.

Yes, our typical meetings (every two weeks) consist of pizza, soda, and a speaker or some other activity, plus whatever announcements need to be made. I suppose we could ask there, though I was trying to keep it the concern of the officers and advisors. hmmmm

-DaveK

My university offers free tutoring as well, so this wasn't a viable option for us either, but I figured I'd throw it out there just in case.

It might be interesting to contact your tutoring center and try to get some data from them regarding math tutoring service usage. If there are people waiting in line for tutoring, you might be able to snag some of the students who've procrastinated to the point of needing help right away.

I'll ask about funding ideas at our first meeting, if I can remember. Our president has been involved for a few years and might have some ideas for you.
 
  • #6
Thanks. Some good ideas here. I didn't even think about software companies, for whatever reason... At our campus, the math and compsci departments are kind of in different worlds, which I think is unfortunate.
 
  • #7
Any ideas yet? :biggrin:

dkotschessaa said:
Thanks. Some good ideas here. I didn't even think about software companies, for whatever reason... At our campus, the math and compsci departments are kind of in different worlds, which I think is unfortunate.

Here, the CS dept. is under the college of engineering, and the Math dept. is under the college of science.

That said, even with the segregation of departments, there are a few professors in the math department who do research in computational mathematics (flow through porous medium, etc.), so they collaborate with some of the professors in the CS dept. who're doing theoretical computer science. There are also a few upper-division CS courses that count as applied mathematics electives (compiler theory, automata, algorithm analysis, numerical methods I & II, etc.).
 

Related to How Can a College Math Club Secure External Funding?

1. What types of funding are available for a college math club?

There are various types of funding that a college math club can pursue, such as university grants, sponsorships from local businesses or organizations, fundraising events, and crowdfunding campaigns.

2. How do we apply for funding for our college math club?

The process for applying for funding may vary depending on the source. Some may require a formal application with a detailed proposal, while others may simply require a letter of request. It is important to research the specific requirements and deadlines for each funding option.

3. Are there any restrictions on how we can use the funding?

This will also depend on the source of funding. Some may have specific guidelines or restrictions on how the funds can be used, while others may have more flexibility. It is important to clarify this before accepting any funding.

4. How can we make our funding application stand out?

To increase your chances of securing funding, it is important to have a clear and well-organized proposal that highlights the goals and impact of your math club. You may also consider including testimonials from members or showcasing past events or achievements.

5. Is there any ongoing support or reporting required for the funding?

Some sources of funding may require regular updates or reports on how the funds are being used and the impact it is having. It is important to understand these requirements and fulfill them in a timely manner to maintain a good relationship with the funder.

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