Fundraising Planning: Taking a Longer-Term Approach
Experienced chief development officers know that budgeting and staff planning must take into consideration agreed-upon fundraising priorities and goals. We also know that fundraising plays a role in achieving the campus leader’s overall strategic vision. Since most campaigns or projects require more than one year to complete, budgeting and planning beyond a year at a time makes sense. Why don’t we actually do this? So, if we believe this works best, then why don’t we do it? Or, if we try, what gets in the way of following through on a longer-term approach? Has any of the following ever happened to you? You secured input from your team of fundraisers and written approval from the campus leader on your five-year plan and then: Given these common pitfalls, can we really commit to longer-term planning? I believe we can. But I have found that doing so requires communication, execution, focus and flexibility. Communication and relationship-building are the keys to the success of any development operation. We know this to be true when relating to our donors and other external constituents. Do we value it and demonstrate it internally within our organizations, especially during our planning process and execution? Ask yourself the following questions: […]