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“Little did I know, as a high school junior, I was learning
valuable lessons for a future career in fundraising.”
By: Greg Bowden
Fundraising is a business oriented around communication. As such, we often
think through our life’s experience, trying to find good analogies to demonstrate
some of the fundamentals we discuss on a daily basis. We often talk about how fundraising
is all about building and keeping momentum by sparking some activity with positive
results. The equations for determining physical momentum bear more than a little
similarity to how we work to generate momentum in our development efforts.
It has been a long time since high school physics, but I had a good
teacher in Jean Sharland, and so some of his lessons have stuck with me. If memory serves
me correctly, the equation for momentum is,
p = mv
Where, p = the momentum of an object
m = the mass of the object, and
v = the velocity of the object
This is a relatively simple aspect of physics. The idea is that if you
have an object with some mass, or weight, and if you get it moving pretty fast, it will
have a large amount of momentum capable of being applied to a particular task. If
something is very heavy, or moving very fast, or (preferably) both, it will possess a
great deal of momentum.
This is applicable in fundraising, with simple corollaries between
physical momentum and momentum in a campaign. Both are critical for getting any work done.
In physics, as in fundraising, momentum is great for getting things done and producing
some effect. In both arenas momentum can be passed on to another body. In physics, one
moving body can strike another and pass some momentum to the second object. In
fundraising, one person can use their momentum to push another volunteer and create some
momentum in them.
The two components of momentum, mass and velocity, transfer directly to
fundraising. The fundraising equivalent of mass would be the total “weight” of
the potential solicitations. This is the cumulative mass of your prospect list. The more
prospects you can identify, the more momentum you can add to your campaign. Identification
of additional prospects is something upon which good development officers are always
working. There has to be new raw material continually entering the pipeline in order to
expect positive results. This is an ongoing process, and the goal should not be to exhaust
your prospect list, but rather to continually add to it. In the campaigns directed by
Custom Development Solutions, Inc. (CDS) our prospect list is often
longer when we leave than it was when we arrived.
The other way to add “weight” to the equation is to increase the
amount of money requested from each prospect. The easy way out in fundraising is to not
place great demands on our potential supporters. Settling for a gift at any level is a
trap that will rob a campaign of its momentum as surely as whittling down the weight of an
object will take away its potential momentum in a physics equation. Instead, every
prospect should be asked to make the most generous gift possible. In this way, each pledge
will add the maximum amount of momentum to the overall campaign.
The other half of momentum is velocity. In physics, velocity is the speed
with which an object is moving. If you look at the equation, it literally multiplies the
mass of the object. In terms of fundraising, velocity is simply how quickly you can move
through your prospect list. Speed creates momentum. It imparts a sense of urgency to a
campaign. As in physics, velocity in a fundraising campaign multiplies the potential
momentum. The “weight” of every solicitation in a campaign can be multiplied by
the rapidity with which those gifts are closed.
Once the initial prospect list for a campaign has been determined, and the
appropriate “weight” has been assigned to each name, it is incumbent upon the
leaders of the campaign to move through that list as quickly as possible. The faster the
process goes, the more momentum will be generated for the campaign.
If handled properly, all of these factors combine to create a campaign
that is a juggernaut and is running full speed ahead. With enough momentum, obstacles will
be more easily swept aside and everyone involved will have a sense that they are part of a
winning project. You will begin to see a representation of another law of physics: an
object in motion tends to stay in motion. In other words, once something has a good amount
of momentum, it tends to want to keep moving, almost with a will of its own. Successful
fundraising campaigns are like that as well. They will start to feed on themselves, adding
energy to their own progress. Like a rock rolling downhill, its own momentum provides
additional speed, which in turn adds more momentum.
This physics equation does nothing more than illustrate one of the first
rules on fundraising: campaigns succeed in part based upon the amount of momentum they
generate. As in physics, this momentum is created from two primary components: weight and
speed. Provide the greatest possible amount of weight and speed for your development
efforts and you will be rewarded with a campaign that possesses a tremendous level of
momentum.
Greg Bowden was formerly a campaign director at Custom
Development Solutions, Inc. (CDS). CDS is one of North
America's 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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