
Major Gifts
Inside-Out Fundraising
The notion of "inside-out" fundraising forms
the basis for all successful development efforts, especially the
capital campaign. Unfortunately, we encounter countless nonprofit
organizations which fail to grasp this concept and fall prey to
the dangerous premise that its mission is so overpowering and
enticing that outside support will serve as the foundation of
their campaign. This is simply not the case.
Any successful fundraising effort must start with the people who
are closest to and most knowledgeable of the organization—the
board of directors. Before you can expect community support and
new donors to enter the mix for your cause, the members of the
board must lead the effort by committing their dollars first.
Because some boards are not composed of major prospects, the
emphasis needs to be placed first on 100% participation. Ideally,
when you are recruiting board members, you are determining
financial potential before asking anyone to serve. Clearly, board
members can contribute to your cause in a great variety of ways
but in that mix you are wise to include major gift potential.
Getting your board members to make their gifts first will simply
position your organization for success!
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Other Major Gifts articles:
Don't Vacation from Your Major Prospects