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Capital Appeals are all about Big Gifts. Generous gifts.
Outrageous gifts.
Having recruited a Chair who is enthusiastically calling
together a team of Giftseekers, who do we target? Who are the big givers? A
capital appeal is all about the top line - not the bottom! I speak, of course,
not in terms of accountancy but of fundraising.
In any appeal, we are driven by the top gift. It sets the
standard for others to follow; it establishes appeal credibility; it motivates
the troops. The higher our goal, the higher the leading gifts should be. Rule of
thumb says that the top gift should be at least 10% of goal. I have achieved
target with less on many appeals but it certainly would have been more
comfortable with.
So: who gives? Generally, someone close to the institution or
a philanthropist who is in sympathy with your aims. Often the Board will say:
"Corporate!". Sadly, this is not so. Although big business has the
capacity to give, the days of the Chairman of the Board exercising a personal
whim are fast fading: thanks to tighter times and shareholder questioning.
We have to look for a reason to give. What is the association
of the potential giver with the institution? A corporation with a significant
presence in your neighbourhood could be a prospect. What is the nature of
your institution? A school is primarily of interest to its users - present and
past families. A public hospital could gather support from the whole community
that it serves.
Generally, looking to the top ranges of gifts, I have found
the givers to be: individuals & families, local government, service clubs, locally owned businesses: probably in that
order.
When I think of two $100,000 donors, one city, one rural,
the first gave because of a close association with the institution, the second
in thanks to the community which had welcomed him in and enabled him to become
wealthy.
Indeed, in a true sense, every gift is a personal,
individual decision. Someone decides on the gift - whether from their
personal pocket or from a company or institution.
That is why we believe so strongly in face to face asking:
personal presentation with personal feeling.
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