Re: Fundraising

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Don Jensen (dnjkenosha@wi.rr.com)
Tue, 1 Dec 2009 18:19:54 -0600



Message-ID: <002b01ca72e5$2ca5a190$0301a8c0@Jensen>
From: "Don Jensen" <dnjkenosha@wi.rr.com>
Subject: Re: Fundraising
Date: Tue, 1 Dec 2009 18:19:54 -0600

I do not claim to know much about major fundraising. But I know a little, based upon what I have been told by some people who do have this knowledge. First, if you are aiming for $2 million, you had better figure that something like 80 percent will come from a half dozen or ten major donors, and the remaining 20 percent from small givers.

For a local historical society, major donors will have to be from your community, wealthy individuals or corporate donors. Personal contacts -- people who "know" people -- will be key. Likely major donors need to be specifically identified and then properly approached. Likely, to a large extent, this major fund drive will have to be one-on-one long before a public drive kicks off. The big money has to be in place before one really goes public with a drive.

There are, certainly, fundraising specialists that guide non-profits through the process. Unfortunately, their services don't come cheaply and this requires an upfront commitment of an amount that we, in our penury, can only gasp at... the notion of raising $20,000 to get the services of a professional for a $2 million campaign may be shocking!. Geez, we'd rather have that $20,000 as a donation toward the $2 million.
 But it costs money to raise money.

Doubtless there are other ways, and surely, among us there will be some who have ideas or experience that have worked. I don't have that knowledge or expertise and have nothing useful to offer on that point.

What I am saying, though, is I think it is a mistake to announce the beginning of a fund raising campaign (in January) without having the detailed roadmap already in hand. It is my opinion that a campaign begun without the details on just how to do it is doomed to failure, and that the campaign should be postponed until you have a good idea of just HOW you are going to do it.

Don Jensen BoD, Kenosha History Center

  ----- Original Message -----
  From: Kathleen Hart
  To: localhistory@listserve.uwec.edu
  Sent: Tuesday, December 01, 2009 2:37 PM
  Subject: Fundraising

  The Greendale Historical Society is undertaking a fundraising campaign
  beginning in January,2010. We need to raise at least $2,000,000. Has
  anyone done this before? We have been writing grant proposals and have
  received a few bucks. The Major Donor campaign will start in January
  but how do you find the major donors? Can they be found on the internet
  and how would that be done. We want to talk to these people in person.
  Let me know if you know. Kathleen Hart



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This archive was generated on Wed Dec 02 2009 - 08:35:37 Central Standard Time