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A capital campaign can raise more than just money. With foresight and
good planning, the campaign can improve the capacity of the whole organization even after
the campaign is over.
By: D.C. Dreger, ACFRE
Whether you are considering a capital campaign or are already in one, you
can take advantage of momentum, excitement and growth to advance the quality of the
governance, effectiveness, program development and fundraising capability of your
organization. Making a plan at the beginning of the process will help you to maximize the
outcomes from your fundraising efforts.
Here are five areas of activity that you should consider wrapping into
your campaign planning. Being proactive in this will give your organization the ability to
weather severe storms and succeed beyond imagination under sunny skies.
Develop the Board and its Committees
Many organizations, particularly grassroots ones, are operating under "founder’s
boards." These are boards typically have a very high degree of commitment, some
experience in governance practice, and a "hand-to-mouth" view of fundraising. It
means generally that they operate in status quo mode, doing the same things this
year that worked in previous years. Maintaining the status quo allows the
organization to continue its mission, but offers little or no opportunity for change,
progress, and breaking out to a new plateau of service.
A capital campaign provides an exciting, compelling impetus to attract new
people to the board. In many campaigns, community members are invited to participate. When
considered strategically, these additions should be men and women with helpful skills, who
may have giving capacity, and/or have significant connections within the community. In
these ways, additions to the campaign become prime prospects to be added to the board.
These prospects are often described as people who can bring to the
organization at least two, if not three, of the following qualities: wealth, wisdom, work,
and the “wow” or influence factor.
Grow the Donor Base
Because successful campaigns focus on affluent people that are often influencial and can
subsequently make an impact for your organization, you have an opportunity to network to
them and through them. You must ask, “Who do you know who should know about us?”
Your Feasibility Study will have opened doors to community leaders who
have not previously been involved with your organization. This is a wonderful time to pose
a question that opens new networks to you. I have served an organization that everyone
vowed “was not well-connected to the community.” Through the Feasibility and
Planning Study, we were able to uncover people we did not know and discover that informal
networks already existed.
Your donor base also can grow when you contact people who have been
hanging on the periphery. These are people who may have had tangential exposure to your
organization. Because of the momentum, publicity, and excitement of your campaign, you are
in a much better position to capture them—to demonstrate to them the value and
importance of giving to the campaign. You just need to reach out.
Raise the Level of Affluence
It only takes one. It only takes one key leadership gift to open the door to more people
of affluence. That’s the starting point
In your campaign, you will be asking for gifts that stretch the prospect
to consider involvement at a much higher level than they had previously. You not only do
this at the highest levels, but you also meet and challenge others at all levels of
ability to make a financial commitment. When you compare the average gift size of donors
to the campaign with donors to your routine program or annual fund, you quickly realize
that the campaign has raised your level of affluence.
It is then important to follow through on the campaign by challenging your
newly acquired major donors to continue their giving in support of annual programming.
It’s valuable to get the higher gift for the campaign, but how much more valuable to
continue a high rate of giving for many years—the lifetime value of the donor is
incredible!
Enhance Strategic and Operational Planning
The process that you employed to come to the decision to conduct a capital campaign must
continue in the future. In fact, many organizations are realizing that they will never
truly step down from the campaign mode—it is efficient, the need is great, and the
community deserves the resulting effect.
I’ve realized over 20 years of fundraising practice that improving
the level of affluence on the board and its committees often improves the level of
business acumen. And that means people who can help to drive your planning. Planning and
execution must be a constant factor for a robust organization. Economies and enhancements
go hand in hand.
The campaign is a key development function. It brings knowledge and
experience into the everyday activities of your organization. When you plan for it and use
it, the result can be an organization that soars like mare’s tails in the sky.
Improve your Fundraising Practice
Maybe this topic should not even be on the list. Too obvious? Probably not.
Here’s what you learn in a campaign: focus on the largest gifts, do
the solicitation in person, promote a pledge payment plan, ask for proportional gifts, and
more. Gosh, maybe that would work for your annual fund process! In fact, the concepts
learned in a campaign can be applied to every form of fundraising. When you listen to
Custom Development Solutions (CDS) campaign directors, they all say, “Follow
the plan.” It’s not a rote mantra, it’s the truth developed over decades.
In the process of the campaign, you will have enhanced your development
function, advanced your knowledge and capabilities with database records and pledge
redemption, understood research and planning, and raised the sights of board members. With
changes in the board, an expanded prospect pool, larger average gifts, and more
forward-thinking planning, your organization can be poised to capture more than a fair
market share. A little “blue sky” thinking at the beginning of a campaign can
result in many sunny days afterward. Good luck!
D.C. Dreger, ACFRE is a Senior
Campaign Director for Custom Development Solutions, Inc. (CDS). CDS has
become one of North America's best and most sought after fundraising consulting firms
specializing in the strategic planning and tactical execution of capital campaigns for
non-profits throughout the United States and Canada. More information on CDS can be
found on the web at www.cdsfunds.com.
If you have a fundraising question for DC, please call 800-761-3833 or send an email to dcd@cdsfunds.com.
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