All in Campaign Management
Libraries often face unique challenges when it comes to raising funds for new facilities. Funding the gap between public dollars and the full cost of your building project will likely have you considering a library capital campaign. Let’s explore the specific challenges faced by libraries during capital campaigns and how a bond election might impact a campaign.
There are five very basic stages to plan for if you’d like your capital campaign to be successful. If you are considering the transformative decision to embark on a capital campaign, study them now.
Most nonprofit leaders are familiar with the idea of a capital campaign being largely executed during “quiet” phases. During capital campaigns we don’t solicit the general population with splashy kick-off events, donate now buttons, and social media campaigns until reaching the goal is well in sight. But are capital campaigns required to be “silent?”
Are you a nonprofit executive director facing pushback from your board on hiring a capital campaign consultant? If your board is hesitant to invest in getting the expertise and support you need to do it right, share these reasons why hiring a capital campaign consultant can significantly impact your organization's fundraising success.
The decision to launch a capital campaign is often accompanied by a crucial question: What does it cost to hire a capital campaign consultant? The actual costs can vary widely based on your campaign goal, your specific circumstances and the type of consulting firm with whom you choose to work, but this strategic investment should bring a return that advances your organization’s mission and impact in your community.
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?
