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Each one of us has a story to tell, especially when it comes to why
we become development professionals.
By: Bruce P. Byrne
Each one of us has a story to tell, especially when it comes to why we
become development professionals. In my case, I was district manager for a promotional
advertising sales firm and I was volunteering for an Archdiocesan Catholic Social Service
Agency when I became interested in fundraising. The Agency maintained multiple programs
for the blind, hearing and speech impaired and mentally retarded as well as focused on
rehabilitation, behavioral health, migration and many others. It was at this point that I
realized I wanted to work in a profession where I could help others.
I was involved in a number of special events during the ‘70’s. As a result of
my success with the Archbishop’s Gala, the Agency invited me to join their staff. I
was a college graduate with a marketing degree and the development field was a relatively
new industry. The pay was fair, but I would have worked for even less because I
categorized my work as a vocation in helping some very worthy causes. In retrospect, I
realized I should not have been afraid to ask for a reasonable and somewhat of a stretch
salary. After all, candor and forthrightness are qualities that every development
professional must learn in order to be successful.
Initially, I was sent to a school for special training in wills, estates and tax laws
that affected people’s charitable giving. I was named Director of Development and I
spent ten years running special events, golf tournaments, galas and a small capital
campaign. I also raised money from foundations, corporations, and church organizations.
Changing leadership then prompted me to seek other areas of development work. A friend
advised me to look into hospital development because of the need to raise money to support
new equipment, programs, and facilities. To my pleasant surprise, I found a position that
included a 50% pay increase. I felt that if the doctors were making good incomes and the
salary was high, it would be a good place for me. I spent the next twenty years as a
hospital fundraiser sometimes taking over public relations responsibilities as well as
other hospital management functions. Despite my successful tenure of Children’s
Hospital of New Jersey, I served seven different Presidents and experienced the toll that
the transient nature of the industry was taking on the hospital. I found that the average
life span for a development officer was less than three years at a particular job. I
therefore set my sights on a new direction in the fundraising industry.
I wanted to raise monetary resources in an organized way following simple principles
that I had learned over the years. Unexpectedly, someone suggested that I become an
outside fundraising consultant. I knew that I liked the security of a full-time hospital
based position and I worried whether consulting work would be secure. I achieved Vice
President status in the Hospital and had been exposed to a broad range of departments,
which I enjoyed, but it took me away from fundraising. I enjoyed my years as a hospital
staff development professional, but it was no longer driving me. The life of an outside
consultant was beginning to seem like an enticing possibility. To make a long story short,
I became a consultant and began a new life.
As a consultant, my focus is to raise very large gifts from high-end prospects. I
learned to shoot for the stars and not be distracted by those who are not familiar with
raising large quantities of money.
I plan my work and work my plan. During my career, it became evident that upwards of
90% of all money raised will come from as little as 10 % of the prospects. Therefore, I
focus on the 10%. I learned to be vigilant in staying on course by securing the highest
and largest gifts early in a campaign because others will be drawn to higher gifts.
Finally, I have learned to always be myself. Learn from others but never forget who you
are.
The gifts don’t always come to you. You must go to them with the leadership
leverage that’s required to maximize the gift. You have got to be relentless in your
pursuit. Always preach the need as well as what the gift will mean to your institution.
Don’t be shy, ask for the stretch gift after you have done your homework. Remember,
you can have fun in this business, especially after a successful asking process that
results in a leadership gift that nobody but you thought could happen.
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, please call 800-761-3833 or send an email to lcs@cdsfunds.com.
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