Is a capital expansion project included in your blueprint for growth? Whether a new facility, a refresh or update, or an addition, here are three early wins that should be considered now as the organization prepares for a capital campaign in the future.
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Topics:
Leadership,
Capital Campaign,
Board Development,
Case For Support,
Goal Setting,
Financial Development,
Capital,
Planning,
Capital Fundraising,
Fund Development,
Capital Leadership
Let’s face it: asking board members to help with fundraising can feel as awkward as teaching your parents how to use TikTok. But it doesn’t have to be! With the right mix of clarity, support, and a dash of good humor, you can turn even the most hesitant board member into a fundraising champion.
A board’s role in fundraising is critical because it sets the tone, drives the strategy, and shows everyone else how it’s done. Board members bring credibility, connections, and leadership that no staff member or volunteer can fully replicate.
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Topics:
Capital Campaign,
Board Development,
Donation,
Fundraising,
Culture Of Philanthrophy,
Board Management,
Inspiration,
Board Leadership,
Donor Prospect,
Capital Fundraising,
Fund Development,
Communication,
Cultivation,
Appreciation,
Development,
Donor,
Attitude,
Potential,
Resource Development,
Donor Identification,
Leadership & Boards
When setting fundraising goals—whether for annual contributed revenue or a multi-year campaign—many organizations default to looking at past performance. But here’s the thing: basing your goals only on what’s been done before can be limiting.
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Topics:
Capital Campaign,
Donor Stewardship,
Donation,
Fundraising,
Goal Setting,
Campaign Leadership,
Goals,
Financial Development,
Fundraising Management,
Capital Fundraising,
Fund Development,
Communication,
Development,
Campaign Planning,
Making The Case,
Making The Ask,
Donor,
Online Giving,
Donor Advised Funds,
CelebratingOurClients
If you’ve been putting off implementing a strategy to secure gifts from donor-advised funds, let this be the year that changes that. Why? The numbers are too big to ignore.
- Donor-Advised Fund (DAF) contributions represent 8% of all donations in the USA.
- Total Assets in DAFs in 2023 was $251.52B
- Total Value of Grants made by DAF fundholders in 2023 was $54.77B
- Total Value of Contributions made to DAFs in 2023 was $59.43B
- Average DAF Account size in 2023 was $141,120
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Topics:
Capital Campaign,
Donor Stewardship,
Donation,
Fundraising,
Major Gifts,
Financial Development,
Annual,
Annual Fundraising,
Fundraising Management,
Capital Fundraising,
Fund Development,
Communication,
Cultivation,
Development,
Campaign Planning,
Making The Case,
Making The Ask,
Donor,
Online Giving,
Donor Advised Funds
I don’t know about you, but I love a good dip – especially during the summer months while gathered with friends and family. Whether it’s a zesty guacamole, creamy artichoke, or a citrusy pico de gallo; a tasty dip always seems to get people together around a central location, talking and interacting in a fun and enjoyable way. But for those of us in fundraising, the word “dip” can oftentimes mean something completely different.
Fundraising campaigns are often likened to marathons rather than sprints. They require strategic planning, deliberate preparation, sustained effort, and a dedicated team working tirelessly towards a common goal. However, even the most well-planned campaigns can experience dips, where significant donations slow down or even come to a halt. During these times, it’s easy to feel disheartened and pressured to push harder. But sometimes the most productive step a team can take is to pause, take a break, and reset.
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Topics:
Capital Campaign,
Fundraising,
Nonprofit Leadership,
Strategy,
Planning,
Patience,
Capital Fundraising,
Development,
Downtime,
Advocacy
When DBD is given the opportunity to be considered to conduct a capital or comprehensive feasibility study, we make it clear from the start that we will not perform a study for you, but we would be honored to perform a study with you!
While I could try to explain this more, I am honored to share with you the first-person perspective of a recent client/partner, Robert P. Kirschner, Chief Philanthropy Officer & Senior Vice President at the YMCA of Greater Cleveland.
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Topics:
Capital Campaign,
Feasibility Study,
Capital,
Capital Fundraising,
Client Stories
Have you ever wished that property abutting one of your current locations would come on the market? What if a for-profit service provider in your community wanted or needed to exit a facility that was perfect for a service expansion? What if the undeveloped parcel that fits your long-term strategic plan suddenly became available after years of cultivating the owners?
Would you be in a position to close? The timing doesn’t always line up, and it’s possible that you wouldn’t be. But instead of walking away, consider the often-overlooked source of bridge funding: the friendly buyer. The friendly buyer purchases and holds the real estate with the intention that at some future date, your organization can and will purchase from them.
Here are three scenarios that we’ve seen play out in real life.
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Topics:
Capital Campaign,
Capital,
Capital Fundraising,
finance
I recently joined a meeting with a new client that is about to embark on his first capital campaign. He asked a great question, “What do you wish you would’ve known before your first capital campaign?”
Hindsight is usually 20/20 so I was grateful for this great question and the ability to help this client avoid some preventable pitfalls.
A few tips came to mind:
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Topics:
Capital Campaign,
Goals,
Financial Development,
Capital Fundraising,
finance,
financial management