In a recent conversation about both proposed capital and endowment programs, a longtime church member noted that many factors go into determining whether or not to proceed with a capital campaign. But then she said something that really caught my attention. She stated that an endowment development program is a “just do it.”
She went on to explain that there are some things in life that just have to happen, such a providing great educational opportunities for your kids, or saving for retirement. In their church, an endowment development program is one of those things that just has to happen!
Her comments are good reminder to all of us committed to the long-term financial strength and mission viability of our organizations. Endowment development should be a “just do it” for all of us in 2017.
The good news is that organizations can get started with modest investments of time and resources. Even small steps can produce significant results. With just a few hours of time this month, you can take important action towards strengthening your endowment fund:
Endowment development is less about big pushes and more about steady, small efforts. Consistent conversations will result in dozens –or even hundreds – of endowment commitments in years to come.
Whether you’re just starting an endowment development program, resurrecting a dormant program or fine tuning an on-going program, let 2017 be the year when endowment development becomes a “just do it’ for your organization.
If you need assistance in getting started, Donor By Design would love to be part of the conversation!