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Capital Campaign Strategy

Giving is personal: Cookie-cutter approaches to fundraising don’t work

By Steier Tips
It typically starts something like this: Campaign leaders are talking strategy with their campaign manager about how to raise the necessary funds to meet their goal, when someone asks: “How many – take your pick: parishioners, members, donors – do we have?” Followed by: “How much money do we need to meet our goal?” Next comes a moment of silence as the person who started the conversation does some quick division. “That means if we asked everyone to give – fill in the amount – we would reach our goal.” If only it was that simple. For the past 19…
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In-kind support is just one way to fundraise outside the box

By Steier Tips
Nonprofit organizations face the constant and ongoing challenge of raising dollars to fund their missions. Oftentimes, donors complain that they are approached too often or that nonprofits should look to other sources in order to obtain support. While those closest to your organization will always be the strongest givers, there may be other opportunities worth considering. LOCAL BUSINESSES AND VENDORS Most nonprofits have a list of vendors with whom they work on a weekly, monthly or annual basis. Approaching those vendors for occasional support is another good way to help your nonprofit. Typically, if the vendor wants to maintain a…
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Designing a winning volunteer team

By Steier Tips
Throughout history, successful armies have received wise leadership from their generals who coordinate positions and strategies, working to win a war. However, while an army’s leaders may spend hours discerning, studying and calculating before making a decision, it’s the frontline troops who put a plan into action. When reviewing the organizational structure of your campaign, you may consider your volunteer team in the same light. A pastor, CEO or president represents the five-star general, while the volunteer team serves as the troops, the foot soldiers responsible for enacting campaign strategy. And just as a successful army requires dependable troops so…
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Tips for hosting a successful capital campaign event

By Steier Tips
Campaign events can be tricky. Your guests know they’ve been invited for a reason – you’d like them to consider making a gift. But you also want to show your deep appreciation and gratitude. It’s a delicate balance because these gatherings are cultivation events and also platforms for your request for support. Donors expect a lot from you at these events. Noting that these gatherings are a representation of your overall fundraising effort, donors want to see an organized yet thoughtful occasion. When planning your next campaign event, consider some of the following tips: Engage your volunteer team and ask…
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No need to apologize when asking for donations

By Steier Tips
Some apologies are a must: neglecting to take out the trash on garbage pick-up day (guilty) and accidentally breaking your child’s favorite toy (guilty again). Some apologies, however, should remain unspoken. A request for support for an organization that does good work resides at the top of this list. Too often, development directors, stewardship coordinators and volunteers with a passion for a cause feel compelled to piggyback a request for support with an apology for asking. “Sorry to bother you.” “Sorry to ask you for such a large gift.” “Sorry to ask you for support when times are so tough.”…
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Passing on the torch to millennials

By Steier Tips
There is a good chance your organization has discussed the idea of how to reach the millennial generation. Smart leaders recognize the importance of keeping young people integrated and active within churches, schools and community nonprofits. It is critical to engage young constituents – one day they will serve as the next generation of leaders. Without young, dedicated people in our communities, our missions and organizations would cease to exist. I’ve identified three areas on which to focus when it comes to engaging this unique and sometimes hard-to-reach generation. CONNECT Start with active members. These individuals may have children in…
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Two questions to ask yourself before you start a capital campaign

By Steier Tips
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…
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Beware the bake sale

By Steier Tips
The building project has finally been approved and it’s time to raise funds to turn this long-awaited dream into a reality. You put your apron on because you know you’ll need to sell more than a few desserts to get where you want to go. After you, and countless others, have put in hours, days and weeks of planning and baking, you’re finally ready for the annual bake sale. When it’s all said and done, you netted $900 toward your multi-million dollar project. Sound familiar? I love a good piece of apple pie, but when your organization needs to raise…
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Capital campaign philosophy: people give to people, especially people they know

By Steier Tips
Let’s face it: People typically don’t enjoy asking their friends, neighbors and coworkers for money. At the Steier Group, this approach to fundraising has led to hundreds of successful capital campaigns for our clients. Our clients know our capital campaign philosophy is based on two simple premises: People give to people they know People give when asked Sometimes, our clients shy away from using personal visits as the staple in their campaigns. They would rather ask for support through group gatherings, telephone calls or direct mail. We know that our campaigns are most successful when prospective donors receive a personal…
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Why pay for capital campaign counsel?

By Steier Wire
Former clients often have a confession: They never imagined conducting a capital campaign would take so much time and effort. These same clients originally wondered whether they could run their campaigns without outside counsel. I’m routinely asked why organizations should incur the cost of hiring an organization, such as the Steier Group, to run their campaigns. I typically answer their question with a few of my own: Does your organization have a staff member who can devote 100 percent of his or her time to the campaign for the next six months (or longer)? Our campaign managers typically devote up…
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