All tagged capital campaign strategies
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.
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?”
Congratulations on joining a capital campaign committee! Your involvement is crucial for the success of this major fundraising project. But if you’ve never served on a capital campaign committee, you may wonder how you got asked to join this committee and what you’ve gotten yourself into. Here’s what you need to know.
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?
If you hire a consultant to help plan and manage your campaign, that person should prepare and train you and your committee members to make professional and successful capital campaign solicitations. We’ve had the honor to see nonprofit leaders with the right direction and training raise millions more than they ever thought possible. Take a look at our process for preparing them.
Prepare for your capital campaign with this informative guide focused on pre-campaign planning steps and capital campaign phases.
