A Tale of 2 Studies
Client A embraced the concept of deepening donor relationships and truly being prepared for a campaign. It committed the resources necessary to engage in a national plan of cultivation of prospective major donors and campaign leadership. Today, Client A is still in the earliest phase of the campaign with more than half of its initial goal committed. Soon it'll be discussing potentially raising the goal!
On the other hand, Client B has found a location for a new facility but otherwise has not prepared for a major fundraising endeavor. Without following any recommendations, it now wishes to embark on a campaign with a goal that is double the potential we found in the study. We wish Client B well but too many times have seen campaigns falter because of organizations not taking the right — sometimes bold — steps to prepare for campaign success.
The key to that success is relationships, and relationships take time to develop. Campaigns are about vision, leadership, momentum and urgency. They are also about plans and execution. One stage lays the foundation for the next.
If you're looking at a major campaign, don't embark on it without the benefit of a study. There are many good firms that can help you. And when you embark on a study, carefully consider the findings and recommendations. In doing so, you heed the counsel of some of your brightest, most loyal friends and prospective major donors.
Looking for Jeff? You'll find him either on the lake, laughing with good friends, or helping nonprofits develop to their full potential.
Jeff believes that successful fundraising is built on a bedrock of relevant, consistent messaging; sound practices; the nurturing of relationships; and impeccable stewardship. And that organizations that adhere to those standards serve as beacons to others that aspire to them. The Bedrocks & Beacons blog will provide strategic information to help nonprofits be both.
Jeff has more than 25 years of nonprofit leadership experience and is a member of the NonProfit PRO Editorial Advisory Board.