Tagged: Customized Capital Campaigns

Capital campaign fundraising costs explained

Warning! This Steier Tips article is laced with clichés and overused statements – but they all are purposely included to make the point that partnering with a professional stewardship, fundraising and development firm to run your capital campaign is a wise investment. Don’t go it alone (cliché No. 1) Launching a capital campaign is important, serious business. Some nonprofits are equipped to run their own – if they have a team of professionals on staff… Read more »

Strong leadership allows Rice Memorial High School to fundraise through pandemic

COVID-19 was officially deemed a pandemic on March 11, 2020. That day all aspects of American life began retreating from the public square, exemplified by a 1,200-point drop in the Dow Jones Industrial Average — a plunge that ended an 11-year bull market. A week later, on March 18, the leadership at Rice Memorial High School in Burlington, Vermont decided to continue their fundraising campaign. Similar projects across the country were paused out of concern for the… Read more »

Holy Trinity Parish found fundraising success during pandemic

The easy out when COVID-19 hit would have been for Holy Trinity Parish to delay its capital campaign until the pandemic had passed. With that approach, the Catholic community in Eldorado Hills, California, would still be waiting to relaunch its campaign. Instead, the parish continued with its effort to reduce historic debt with a temporary redirect to shore up its offertory during the initial wave of the pandemic, said Jeremy Youngers, parish life director. “Our parish responded… Read more »

Why should we conduct a debt reduction campaign?

Is debt holding your organization back from reaching its full potential? Debt can be unavoidable – constructing a new facility or expanding your campus is vital yet expensive. But, often, organizations struggle under the weight of debt – holding back expansion and growth or services offered. Servicing debt can be a daunting challenge for a parish and a strain on the operational budget. Through a debt reduction campaign, nonprofits can eliminate a substantial amount of… Read more »

Roadmap to recovery

To say that the events of 2020 flipped fundraising (and the world as a whole) on its head would be an understatement: millions sick, hundreds of thousands dead, cities and states locked down, churches and schools closed, economic struggles, millions more out of work. Some Catholic communities are suffering too. Mass attendance is down as parishes grapple with local restrictions and safety concerns. Offertory income is declining. In some extreme cases, operational shortfalls are causing… Read more »

Silver linings found in running a capital campaign during a pandemic

The pandemic has created new challenges and changed the way Catholic organizations operate and raise money. At the Steier Group, we have seen the silver linings of this “new normal” and are helping our clients not merely survive this crisis but thrive through it. While the fundamentals of a capital campaign remain unchanged, the following are some of the positive developments we’ve experienced while working through the pandemic. RELATIONSHIPS Relationships are the heart of a… Read more »