In a major fundraising effort, you will face a number of difficult questions and decisions. None may be bigger than this: Where do we begin? Simply put, the planning stages of successful capital campaigns can begin long before your initial call to the Steier Group. We want to be part of your planning process, but we also know we do our best work when we partner with you at the right time. That “right time” for your organization usually means after you have accomplished some, if not all, of the following: Strategic plan: Putting together a strategic plan allows you…
“There is an appointed time for everything. And there is a time for every event under heaven.” (Ecclesiastes 3:1) We all operate under the cyclic rhythm and pace of seasons and events important to us and our organizations. Just as our annual calendar moves through the four seasons, so too we live by other markers of time: academic calendars, fiscal calendars, tax season and more. The many Catholic clients we serve live by the liturgical seasons of Advent, Christmas, Ordinary Time, Lent and Easter. In addition, our communities celebrate special events yearly, from remembering the anniversary of a founding or…
As the calendar turns from year to year, you may be tempted to closely examine your master plan with the desire to take the next step toward fulfilling that strategic blueprint. Such intentions, designed to ensure or enhance the integrity of an organization’s mission, invariably lead to a discussion of a capital campaign and the best time for leadership to accept a major undertaking. Before moving forward and accepting the challenge, all nonprofits need to answer two capital campaign questions. First, study the validity of the project. Whether considering the construction of a new building, the expansion of the current…
It’s often the first question I am asked when I sit down with a potential client, “Jim, are we ready for a campaign?” The question, in theory, should be a straight forward “yes” or “no.” But as anyone who works in development knows, there are far more factors to be considered before you can make an educated answer. As you begin to consider the possibility of a capital campaign, do a quick inventory and ask yourself a few questions, but make sure you give honest answers. It’s a simple and quick exercise that will benefit you in the long run….