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Capital campaign strategy best practices - Steier Group

How to incorporate Giving Tuesday into a capital campaign

By Steier Tips

A national or regional day of giving, such as Giving Tuesday, could seem to be at odds with a complex fundraising effort like a capital campaign. Devoting time and resources to one day of fundraising could take away focus and funds from a campaign. But that doesn’t have to be the case! With proper planning and clear communications, it’s possible to successfully incorporate Giving Tuesday or any day of giving into your capital campaign. At the Steier Group, we often conclude our onsite campaign management with Commitment Weekend. It’s a chance to celebrate the fundraising success achieved during the capital campaign while…

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Building faith through stewardship

By Steier Wire

Every day, 100 workers descend on the campus of St. Catherine of Siena Catholic Church for construction of a larger, permanent church and a new school gym for the growing parish in Wichita, Kansas. The Rev. Dan Spexarth, pastor, said parishioners drive through the parking lot at “1 mile per hour” just so they can get a closer look at the projects taking shape. “It’s very exciting,’’ Spexarth said. The parish’s Out of Love for God campaign is funding the projects. The dynamic parish in northwest Wichita partnered with the Steier Group on that successful effort in 2018, raising more…

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Power your capital campaign with wealth screening

By Steier Wire

Nonprofits planning a capital campaign can draw on plenty of effective tools to ensure success. There’s an essential one the Steier Group always recommends: wealth screening. Wealth screening is crucial because it helps nonprofits determine the capacity of donors to give. “Wealth screening provides our clients a tremendous advantage in a capital campaign,’’ said Matt Vuorela, Steier Group president. “We’ve seen countless examples of how wealth screening helps nonprofits not only meet but exceed their campaign goals.” The Steier Group partners with DonorSearch, a leading provider of prospect research, for wealth screening services. Sarah TeDesco, DonorSearch executive vice president, said…

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What to do between capital campaigns

By Steier Tips

You’ve just finished a successful capital campaign. Time to celebrate! All that hard work has helped you get a long-awaited project off the ground. However, you knew this project was going to take more than one capital campaign to accomplish. You’ve raised enough to get the project started, but you have more pieces that are part of your vision. And your organization needs some time in between campaigns. What do you do in between campaigns to sustain your vision and put yourself in position for a successful follow-up effort? Here are a few ideas: Effectively follow up on the first…

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Capital campaign follow-up leads to even greater success

By Steier Tips

So, your campaign ends with great success. Your effort raised millions, meaning you can address your organization’s pressing needs. You mark the achievement with a donor/volunteer appreciation party, say goodbye to your fundraising counsel, close the door on the capital campaign and wait for the pledge payments to arrive. Scenarios like this play out in the nonprofit community all the time thanks to generous benefactors and dedicated volunteers. But while the sacrifice of donors and the efforts of the campaign team eventually translate into completed projects or funded programs, the fundraising should not end with the conclusion of the active…

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Don’t miss out on donors by ignoring digital giving in a capital campaign

By Steier Tips

For a student, 10 percent is the difference between earning a grade of B or that coveted A. For a baseball player, 10 percent is the difference between being a good hitter or among the best all-time hitters in the game. For your capital campaign – and more importantly, for your cause – 10 percent is the difference between Almost and We did it! In its Charitable Giving Report, the Blackbaud Institute for Philanthropic Impact reported that nearly 10 percent of fundraising in the Faith Communities sector in 2018 came from online giving. Other sectors, such as Arts & Culture, K-12 Education and Animal…

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Support from staff, volunteers critical to capital campaign success

By Steier Tips

At a recent 10k race, I looked around at the starting line and noticed how many people were there. Not just the runners stretching before the race. There were course marshals, volunteers, spectators and all the people associated with the event behind the scenes. I see a race like this as a great metaphor for running a capital campaign. Before toeing the starting line, many training miles must be run in preparation. By the time most supporters of your organization learn about a proposed campaign, many months, if not years, of planning have gone into this vision. Leaders of the…

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Five capital campaign mistakes and how to avoid them

By Steier Tips

If you’re like many of the nonprofits with which we partner at the Steier Group, it’s been several years – or possibly even several decades – since your last capital campaign. You may be wondering how to start a campaign in the first place. And certainly, you’re hoping to avoid any capital campaign mistakes that could derail your effort. Even the most well-meaning nonprofit CEOs and development directors can make mistakes when it comes to capital campaigns. Many of these leaders conduct only a few campaigns over the course of their careers. Here are five of the most common capital campaign…

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Find your way with Stewardship GPS

By Steier Tips

It’s easy to think of a capital campaign in negative terms. It may seem like yet another request for money, a herculean effort to tax our already busy calendars, or — because it isn’t a regular part of our giving — simply an add-on expense. But these perspectives miss the mark when we consider a capital campaign as another expression of Christian stewardship. As King David exclaimed, “I will not sacrifice to the Lord my God burnt offerings that cost me nothing” (2 Sam 24:24). Scripture is replete with the call to offer God that which is dear to us….

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Major donor engagement is key to fundraising success

By Steier Tips

How well do you know your major donors? Your answer to that question is key to your organization’s chance for fundraising success, especially during a capital campaign. After 21 years of service and more than $2 billion raised for our clients, the Steier Group has learned that there are three critical success factors of a capital campaign: strong leadership at the CEO level, a compelling project vision and a dedicated volunteer force. Even when these factors are met, however, capital campaign success is not guaranteed. Our campaign managers often encounter nonprofits who have misidentified the engagement level of their major…

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