Capital Campaign/Major Gift Management
Step One
Feasibility Study/Readiness Assessment - The "Discovery" Phase: 3 months
The Feasibility Study/Readiness Assessment is that all-important consultation, discerning answers to fundamentally important questions such as, "Can we take this on at this time?"
"Does it make sense to do a capital campaign now?" "Will our key investors support a campaign?" "How much can we raise?"
The Feasibility Study/Readiness Assessment addresses each of those questions and articulates specific recommendations regarding the next steps toward successfully executing a capital campaign/major gift initiative. It is the first step toward a successful funding initiative.
During this phase API will:
- Talk to your donors, stakeholders and prospects to determine their willingness to support a campaign.
- Test the preliminary case for support.
- Determine the philanthropic potential.
- Develop a campaign strategy and implementation plan.
- Establish a project budget and timeline.
Step Two
Campaign/Major Gift Preparation: 5-6 months
The all-important process of transferring ownership of your vision and plan to those who will be asked to fund it.
During this phase API will:
- Involve a broad cross-section of key stakeholders in shaping the vision and finalizing the funding priorities. This could also include a strategic planning process, if required.
- Finalize a case for support that is compelling, urgent and relevant.
- Conduct thorough prospect research and create the master prospect list and giving pyramid.
- Secure volunteer leadership (co-chairs, Steering Committee).
- Create marketing and major gifts “sales” materials (print and video).
- Establish a major gift system for managing the project; train staff in effective appointment-setting, solicitation and stewardship behaviors.
Step Three
Major Gift Solicitation: 10-12 months
In this step, the top giving prospects will be asked, in person, for their financial support.
During this phase API will:
- Organize and execute campaign cultivation events.
- Create customized solicitation strategies for the top giving prospects.
- Manage and direct the entire major gift process.
- Make solicitation calls with you.
- Complete detailed solicitation call reports.
- Meet regularly with the campaign Steering Committee.
Step Four
General Solicitation: TBD
In this step, the balance of the constituency is solicited. Traditionally, we recommend that this phase be coordinated with the school's annual fund.