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Board Responsibilities: Creating a Board of Fundraising Enthusiasts

“The most important work of any board is to create and re-create the reason for the
organization’s existence [and ensure sufficient resources to realize that vision].
The only…reason for an organization to exist is the production of worthwhile results
that…meet human needs.”
– John Carver Boards That Make a Difference

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Sixty and Over: Elders and Philanthropic Investments

Willy Sutton was a depression-era bank robber. He was wanted for robberies in New York, New Orleans, and Miami. After his capture on March 9, 1950, a reporter asked him why he robbed banks. “Because that’s where the money is,” he replied. Aside from his lack of moral justification, his reasoning was sound. Go were the money is.

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Fundraising Return on Investment

How much should organizations expect to spend for each dollar raised through fundraising activities? Many organizations should anticipate a period of at least three years—and perhaps as many as five—to realize their optimal return on investment. According to a recent study (see below), the average yield is $1 dollar for every 24 cents spent. However, there is wide fluctuation depending on several variables, such as:

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Fundraising Letters 101

When using written communication, always use a structured, sequential approach to all cultivation and solicitation. To the extent possible, solicit from the “inside out” and “top down”—i.e. begin by soliciting “insiders” such as board, and “top” prospects considered capable of the largest gifts, gradually working toward the solicitation of the least-engaged constituencies and the donors with the least financial capacity. (At times, the sequential approach may be relaxed to take advantage of the timing of special events, as appropriate). Use the commitment of early donors as motivation in soliciting subsequent groups.

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Featured: Giving USA 
2021 Infographic
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