Back in the early days of my career – when high tech meant you had a fax machine – one of my grant proposals to the National Endowment for the Humanities for an elementary school enrichment project was rejected, and we wanted to find out if it made sense to reapply. I traveled from New …
Finance/
Financing & Loans
What Does “Six Figures” Mean & How Can You Earn It
Earning six figures refers to making between $100,000 and $999,999 annually. This income range is often seen as a milestone in financial success, symbolizing comfort and greater opportunities. For many, reaching this salary level represents financial stability, allowing for more discretionary spending, investment opportunities, and freedom to enjoy a better lifestyle. It’s frequently viewed as …
A basic concept of grants for capital campaigns is that you shouldn’t need to go beyond the smallest number of major donors necessary to reach your goal. Referencing Tuesday’s posting, however, the decision you must make is what you want to accomplish with your campaign. If you want to keep it simple, and all you …
It’s important to understand that, for many nonprofits, the benefits of conducting a successful capital campaign often extend beyond merely raising a specific amount of money. Of course, the purpose of the campaign is to raise the dollars, but an effective/successful campaign will also have a number of very worthwhile side benefits: • The more …
Reading Hank’s postings on “Corporate Fundraising,” made me think about a recent series of conversations my firm has had with a potential client about managing a conference (including a major dinner event) for them. During one of those conversations, I was asked about assisting them with getting corporate sponsors for the conference. My response to …
Being “ready” for a Capital Campaign does not mean that the CEO and/or Board/Staff members have decided they want or need to raise a lot of money. Being “ready” means that all the elements are in place to assure success if a capital campaign is implemented. An organization/board cannot risk committing to a capital campaign …
• A capital campaign is not a “fundraiser.” It is as far beyond a dinner event as building a motorcycle is beyond building a skateboard. • A capital campaign is not for the faint of heart. In conducting a capital campaign, an organization puts its credibility and its future on the line. It is one …
This series of postings (don’t know yet how many will be in the series) is to help you understand and prepare for a capital campaign, so that, when you hire a staff campaign director or engage counsel, their time (and your money) will be used most effectively. To start, a definition: A Capital Campaign is …
