Tagged: Fundraising and Development

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 »

Customized donor recognition is key to maintaining relationships

Donor recognition and expressing gratitude for gifts received are important development responsibilities for every nonprofit organization. Acknowledging a donor’s generosity begins with the understanding that receiving a gift is the difficult part. Thanking them, it would seem, should be the enjoyable part. Then why do so many nonprofit organizations skip it – or fail to take time to properly thank their donors? Unfortunately, it is because they have already moved on to seeking that next… 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 »

Tools to stock your fundraising toolkit in 2021

The fundraising landscape changed dramatically in 2020. But the Steier Group’s message to our partners has remained the same – keep communicating, keep sharing your story, keep shaping your vision and keep asking for support. Do not leave these most important tools in your arsenal on the sidelines. Your donors want to support your organization and are eager to help. Your needs are real and aren’t going away. Whether it is a debt reduction campaign… 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 »

Lessons learned during the pandemic will stick with fundraisers

The extreme nature of the changes to society during the pandemic challenged fundraisers to evolve our strategies – almost overnight – in ways that were and still are unimaginable. In our current environment, with social distancing restrictions, quarantines and face masks, there is one constant – there is no magic recipe for fundraising. There are, however, many tools that can be adapted strategically by an organization to ensure fundraising success. They helped many nonprofits stay… Read more »