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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.
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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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