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Debunking Capital Campaign Myths: What Your Nonprofit Needs to Know

ARTICLE | September 02, 2024

Authored by Vasquez + Company


Launching a capital campaign can feel overwhelming, especially with the myths surrounding such large-scale fundraising efforts. This article dispels common misconceptions, such as the belief that only large nonprofits can succeed or that capital campaigns undermine annual fundraising efforts. It provides a step-by-step guide on how careful planning, selecting the right leaders, and delivering a compelling message can help not-for-profits achieve their capital campaign goals.

Key Points:

  • Misconceptions: Debunking myths that only large nonprofits can succeed and that capital campaigns cannibalize annual fundraising efforts.
  • Leadership: The importance of having a visionary leader with stamina and a proven fundraising track record.
  • Early Success: Securing significant lead gifts before going public with your campaign.
  • Message Crafting: Highlighting how donations will impact the community and reporting progress regularly to inspire continued support.

By addressing financial considerations and taking strategic steps, your nonprofit can successfully execute a capital campaign and make a lasting impact. Read full article here

 


Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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​Vasquez + Company LLP has over 50 years of experience in performing audit, tax, accounting, and consulting services for all types of nonprofit organizations, governmental entities, and private companies. We are the largest minority-controlled accounting firm in the United States and the only one to have global operations and certified as MBE with the Supplier Clearinghouse for the Utility Supplier Diversity Program of the California Public Utilities Commission.

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