Building Your Endowment

As nonprofit organizations struggle to raise money to cover the cost of their immediate needs and ongoing operating expenses, more and more nonprofits are learning that one key to stabilizing their financial situation is to build endowment.
This practical workbook will help you put in place the last component of a comprehensive development office— an endowment program. Building Your Endowment gives development professionals, executive directors, consultants, and volunteers the information needed to understand and implement an endowment program that will get bottom–line results. Based on the philosophy and teachings of Henry R. Rosso— founder of the Fund Raising School and the preeminent twentieth century fund raising educator— Building Your Endowment is infused with Rosso′s views, approaches, and perspectives on fund raising. Building Your Endowment Offers systemic approaches to developing an endowment fund raising program Includes the strategic choices an organization faces when developing endowments Contains a proven approach to endowment donors that has been successful for other organizations Gives a summary of the unique components of endowment and how it is different from other kinds of fund raising In addition, Building Your Endowment takes you step by step through the fund raising cycle and shows how to examine the case, define the objectives, involve volunteers, select fund raising vehicles, identify potential giving sources, prepare a fund raising plan, prepare a communications plan, and solicit and renew the gift.
Written in workbook format, this practical resource contains a wealth of worksheets that help you apply the ideas and concepts to your nonprofit organization. Using these worksheets, your organization will be better prepared for the critical decision making and planning so essential to successful fund raising for endowment. In addition , this handy workbook is flexible enough to meet the needs of any nonprofit organization no matter what its mission or size.


Spis treści:

Exhibits and Worksheets.

Preface.

The Author.

1. Understanding Endowment.

Unique Characteristics of Endowment Fund Raising.

The Bene.ts of Endowment.

Ten Reasons Why People Give to Endowment.

Endowment Types.

Integrating Endowment into Your Fund Raising Program.

Endowment Structures and Planned Giving.

What’s Next?

2. Assessing Your Readiness.

Forming the Endowment Advisory Committee.

Evaluating and Building Commitment.

Developing the Case Statement.

Cornerstones of Endowment Fund Raising.

More Important Factors in Endowment–Building Success.

Conducting a Feasib ility Study.

Study Models.

What’s Next?

3. Volunteer and Staff Leadership.

Creating Endowment–Building Committees.

What to Look for in Staff and Volunteers.

De.ning Roles and Responsibilities.

Selecting and Recruiting.

Board Challenges.

Staff Challenges.

What’s Next?

4. Building Endowment Systems.

Choosing a Fund Raising Approach.

Choosing Endowment Types and Structures.

Budgeting.

Record Keeping.

What’s Next?

5. Identifying, Cultivating, and Soliciting Prospects.

Developing a Marketing Plan.

Articulating the Message.

Executing the Plan.

Building Relationships.

Choosing Cultivation Methods.

Unique Characteristics of the Endowment Solicitation.

Key Principles of Solicitation.

Sequence of Solicitation.

What’s Next?

6. Stewardship.

Financial Reporting.

Providing Exposure to Programs.

Encouraging Active Roles.

Communicating Regularly and Being Inclusive.

Your Ongoing Commitment.

A Checklist for Your Complete.

Endowment–Building Process.

Recommended Resources.

Nota biograficzna:
Edward C. Schumacher–– consultant, teacher, and trainer–– has taught fund raising for the Center on Philanthropy at Indiana University, at the University of Washington, and for United Way in Anchorage and Salt Lake City. He has also served as the primary trainer for two national Kresge Foundation initiatives on endowment fund raising.

Okładka tylna:
As nonprofit organizations struggle to raise money to cover the cost of their immediate needs and ongoing operating expenses, more and more nonprofits are learning that one key to stabilizing their financial situation is to build endowment.
This practical workbook will help you put in place the last component of a comprehensive development office— an endowment program. Building Your Endowment gives development professionals, executive directors, consultants, and volunteers the information needed to understand and implement an endowment program that will get bottom–line results. Based on the philosophy and teachings of Henry R. Rosso— founder of the Fund Raising School and the preeminent twentieth century fund raising educator— Building Your Endowment is infused with Rosso′s views, approaches, and perspectives on fund raising. Building Your Endowment Offers systemic approaches to developing an endowment fund ra ising program Includes the strategic choices an organization faces when developing endowments Contains a proven approach to endowment donors that has been successful for other organizations Gives a summary of the unique components of endowment and how it is different from other kinds of fund raising In addition, Building Your Endowment takes you step by step through the fund raising cycle and shows how to examine the case, define the objectives, involve volunteers, select fund raising vehicles, identify potential giving sources, prepare a fund raising plan, prepare a communications plan, and solicit and renew the gift.
Written in workbook format, this practical resource contains a wealth of worksheets that help you apply the ideas and concepts to your nonprofit organization. Using these worksheets, your organization will be better prepared for the critical decision making and planning so essential to successful fund raising for endowment. In addition, this handy workbook is flexible enough to meet the needs of any nonprofit organization no matter what its mission or size.