All tagged capital campaigns
Many organizations fear that a capital campaign will negatively impact their annual fund. Capital campaigns are built on approaching your biggest and most loyal donors with a vision for your next milestone in advancing your nonprofit’s mission and asking how they will help. Will donors simply shift their gifts from the annual fund to the capital campaign?
Understanding the responsibilities of capital campaign consultants and the expertise they should provide to your nonprofit organization is vital. In this guide, we'll delve into the specifics of what capital campaign consultants do and why their involvement can be a game-changer for your organization.
Prospects assigned to a capital campaign’s quiet phase are all-in. They have the ability and willingness to support the vision, much like my wife did all those years ago. She was ready to marry me (yea!). All I had to do was ask. But from that moment forward, once we moved beyond our lovefest, complexity set in.
Our team has partnered with more than 100 nonprofits. Some were sprinkling impersonal elixirs like special events, direct marketing, website or social media announcements on to their donors hoping to create one or two super-duper generous mega donors. That didn’t work. But let’s not completely dismiss alchemic philanthropy just yet. Maybe there’s still something to it… something beautiful.
Hiring an experienced consultant to conduct your feasibility study interviews and analyze the results is an efficient approach to gathering this information and finding out if your campaign goal is reachable. However, we believe a comprehensive feasibility study should do much more to fully prepare you to enter a capital campaign.
CampaignCounsel.org client the North Lake County Library Foundation was named Nonprofit of the Year by the Polson Chamber of Commerce and recognized for its Next Chapter Campaign at the chamber’s annual awards banquet Jan. 28, 2023. Learn how members of this all-volunteer organization excelled to become major gift fundraisers.