
Steier Tips
Hosted Events in Capital Campaigns
Donor cultivation plays a major role in the success of any capital campaign. People give to people, thus it is important for a nonprofit’s staff to develop a relationship with those capable of providing support. Creating a connection with those donors will help determine the success of future fundraising efforts. Hosted events held periodically throughout a capital campaign are one way to cultivate prospects.
The following are a few ideas for hosted events:
• Campaign Kickoff
This can be an invitation-only event to announce the silent phase of the campaign. Invitees should include Lead Gift and Advanced Gift prospects, who have been most supportive of the organization. Since one-half to two-thirds of the funds typically raised in a capital campaign come from these prospects, the nurturing of those individuals, families or corporations is vital.
• Ground Breaking
A great way to draw attention to a campaign, featuring an addition or new
construction, is by holding a ground-breaking ceremony. Celebrate by inviting major donors, key dignitaries and civic leaders to be part of the festivities. Give them a hard hat and shovel and watch their pride in the organization soar. Keep your cameras handy since these events are media friendly and help attract broader, community-wide attention to a capital campaign.The donor evaluation process involves research, planning and discernment
before beginning the actual solicitation process. When donor evaluation
is done properly and your request amounts challenge your donors, your
organization will be well on its way to achieving the campaign goal!
• Small Group Gathering
Invite a small group of major donors and prospective donors to a cocktail or dinner party on behalf of the campaign. The campaign leadership can use this type of intimate setting to personally visit with major donors and new friends about the needs of the nonprofit and how the campaign will address those needs. Brochures, architectural renderings and even campaign videos can be on hand to further the education process.
• Sporting or Civic Events
Invite them to join other donors, benefactors and friends at a local sporting or civic event. It could be as simple as a night at the local ballpark or attending a local concert. A “wine and cheese” reception or a “beer and brats picnic” before or after the event allows for continued cultivation.
Make sure you have the following on-hand during a hosted event:
• Name Tags—You know your donors but it allows others to associate a face with a name.
• Food and Drink—Ensure you have enough food and drink for those attending.
• Agenda—While the value of any event is the one-on-one time with donors, it is important to have a limited (15 minutes or less) formal section. Make certain you know your message and how best to get it across to the donors. Take advantage of campaign leaders and allow them to personally speak on behalf of the organization.
Example:
During a recent high school capital campaign, the development staff rented space at a local country club. At the wine and cheese event, the school introduced key campaign leaders, who provided emotional testimonials in support of the needs of the school. The event also featured the campaign video as well as brochures, which were handy as a print reference to the needs of the campaign. The donors were personally thanked for their past support and challenged to play an important role in the success of the current campaign.
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Other Steier Tips articles:
Ask Amounts
Creative Campaigning
Getting Read
Development Doldrums
Getting to Goal
Selling the Mission
Preparing for the Feasibility Study
Volunteer Involvement
Striking Out in a Campaign
New Year's Resolution
Preparing for Campaigns
Past Donors
Strategies for Success: Job Descriptions
Strategies for Success: Leadership Recruitment
Strategies for Success: Successful Donor Evaluations
Strategies for Success: Solicitation Training
Strategies for Success: Communications
Strategies for Success: Efficient and Effective Databases
Strategies for Success: Thanking Your Volunteers and Donors
Tax Provision a Great Benefit for Donors
"Challenge" Your Campaign
Are You Ready for a Capital Campaign?
Strategies for Success: The Tortoise and the Hare
The Importance of Personally Visiting Foundations
Make Summer Special
Post Campaign Strategy
Continuous Cultivation
Staying in Front of "Seasonal" Donors
Assessing Your Organization's Year-End Giving Program
Differences Between Development Audit and Capital Campaign
Identifying the Right Leaders
Campaign Communications
Assessing Your Organization's Campaign Readiness
Recruiting and Training Volunteers
The Magic Words
Donor Evaluation - Setting the Request Amount
Consistency in your Development Efforts
Keeping Your Donors Involved
Keeping the Excitement Alive
The Ask
The Importance of Hosted Events
Back to the Future
The Internet: Taking Advantage of the New Normal
The Importance of Recognizing Your Donors
Getting Off to a Good Start: The Importance of the Feasibility Study
Volunteer Training
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