FUNDRAISING FORWARD
Turmoil and uncertainty can leave nonprofit volunteers and staff at a loss. Turns out, there is much we can do to keep fundraising forward.
In 1951, the Porter County YMCA facility was built on Byron Smith’s property, and enlarged with a subsequent land gift from Thelma and Max Dickey, on the corner of Washington and Chicago Streets in Valparaiso.
For 58 years, that Y strengthened the community by giving all people opportunities to learn, thrive and grow. Eventually, the needs of the community exceeded the capacity of the building. This led to the construction of an 82,000-square-foot facility with natural light, high ceilings, and green technology to save energy and promote a healthier environment.
This new facility opened on May 4, 2009, at Cumberland Crossing on the north side of Valparaiso to better serve the needs of the community. It was an instant hit and membership grew rapidly over the subsequent years.
Part of the building costs for the new facility were financed through local lenders. While the debt was manageable, the Y’s staff and volunteer leaders knew that they could better ensure the future of the YMCA and its ability to serve the community by reducing that debt and building the endowment fund.
“For every million dollars of debt reduction, the YMCA would have $60,000 available that would have had to go toward interest payments. That’s $60,000 that instead could be invested back in the community through programs, scholarships and more,” explained Bob Wanek, Valparaiso Family YMCA CEO.
In 2010, the Valparaiso YMCA hired Donor By Design to assist in a multi-faceted debt reduction, capital and endowment campaign. Three years later, the board and staff are celebrating securing more than $2.3 million in gifts and pledges to the “Promises Kept Campaign.”
“I felt like we had the entire resources of the Donor by Design team on our side…they were creative, energetic, motivational, and developed effective strategic moves throughout the campaign that kept us positive and on task,” explained Bob.
In addition to providing campaign counsel, Donor By Design worked with the YMCA to develop a partnership with Methodist Hospitals. That partnership includes a three-phase plan to implement a comprehensive community wellness initiative.
Congratulations to the volunteers and staff of the Valparaiso Family YMCA on a successful campaign!
Turmoil and uncertainty can leave nonprofit volunteers and staff at a loss. Turns out, there is much we can do to keep fundraising forward.
When there is uncertainty and turmoil in the markets nonprofit leaders can find themselves in a predicament. You have evolving funding needs, but you may not yet be sure what they are. Plus, you want to stay in touch with your donors and supporters, but you don’t necessarily know how current events are affecting them.
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Today, nonprofit leaders may feel challenged, as the funding and practices they have counted on in the past may no longer be available in the same ways. Whether you work in a nonprofit or volunteer as a board member, navigating uncertainty is part of the job description.
Today, nonprofit leaders may feel challenged, as the funding and practices they have counted on in the past may no longer be available in the same ways. Whether you work in a nonprofit or volunteer as a board member, navigating uncertainty is part of the job description.
Development staff, CEOs, and marketing teams can empower board members to use storytelling as an effective and comfortable way to participate in the crucial work of raising money.
One might wonder how can any organization create a strategic plan if they don’t know which end is up right now?
The time between Thanksgiving and year-end offers a prime window for fundraising.
Nonprofit boards often find themselves stuck in a rut, performing the same old tasks with the same agenda month after month, with little impact
Today, nonprofit leaders may feel challenged, as the funding and practices they have counted on in the past may no longer be available in the same ways. Whether you work in a nonprofit or volunteer as a board member, navigating uncertainty is part of the job description.
Today, nonprofit leaders may feel challenged, as the funding and practices they have counted on in the past may no longer be available in the same ways. Whether you work in a nonprofit or volunteer as a board member, navigating uncertainty is part of the job description.
Development staff, CEOs, and marketing teams can empower board members to use storytelling as an effective and comfortable way to participate in the crucial work of raising money.
Turmoil and uncertainty can leave nonprofit volunteers and staff at a loss. Turns out, there is much we can do to keep fundraising forward.
One might wonder how can any organization create a strategic plan if they don’t know which end is up right now?
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