Fundraising Committees

© Copyright Carter McNamara, MBA, PhD, Authenticity Consulting, LLC.

Overview of a Nonprofit Fundraising Committee

This Committee provides guidance, oversight and support to all major forms of donor planning, development, management and reporting. Unfortunately, many Boards believe that this Committee's members are responsible to do all of the fundraising along with staff members. Instead, it is much more beneficial if the Board sees this Committee's job as ensuring that all activities to raise funds from donors are always done in the most strategic, planful and systematic ways. The results of the Committee's work should be included in a Fundraising Plan that is formally approved by the Board. The Committee should ensure that the implementation of the Plan includes all members of the Board as well as key staff members. Typical recurring annual goals of this Committee might include to:

  1. Identify the fundraising target (financial goal) for the year.
  2. From prospect research, suggest the percentage desired mix of donors, among individuals, corporations, foundations and government.
  3. Identify specific potential donors for each mix and how to approach each.
  4. Develop action plans, including who will approach each donor and by when.
  5. Ensure all Board and key staff members are trained with talking points about how to approach their respective donors.
  6. Ensure the organization sufficient has administrative and data base resources to administrate donations.
  7. Establish a Fundraising Plan containing information from goals 1-6, and ensure the Board monitors the status of that Plan.

The Committee should have a work plan that itemizes these, or very similar, annual goals and also associated objectives with each goal such that when the objectives are achieved in total, they also will have achieved its respective goal. When committees do not have work plans, they often flounder in finding valuable and focused means to provide value to the Board. Unfortunately, in these situations, many Board mistakenly conclude that "committees do not work", or they reduce the number of committees, thinking that inactive committees were because there were too many -- rather than realizing that committees can be extremely useful when focused on the most important annual recurring goals.

Additional Perspectives on Nonprofit Fundraising Committees

What Are the Duties of a Fundraising Committee? | eHow.com
Setting Up A Fundraising Committee | Checklist
CREATING A DEVELOPMENT COMMITTEE: AN INITIAL REPORT TO THE BOARD
Your Fund Development Committee
Board Fundraising Committee
Reasons Not to Combine Fundraising and Marketing Committees


Also see
Related Library Topics

Also See The Library's Blogs Related To This Topic

In addition to the articles on this current page, also see the following blogs that have posts related to this topic. Scan down the blog's page to see various posts. Also see the section "Recent Blog Posts" in the sidebar of the blog or click on "next" near the bottom of a post in the blog. The blog also links to numerous free related resources.

Library's Boards of Directors Blog
Library's Nonprofit Capacity Building Blog



 

›Return to All About Boards of Directors


 


Submit a link


For the Category of Boards of Directors:

To round out your knowledge of this Library topic, you may want to review some related topics, available from the link below. Each of the related topics includes free, online resources.

Also, scan the Recommended Books listed below. They have been selected for their relevance and highly practical nature.

Related Library Topics

Recommended Books


Find a Topic
* Free Trainings
Learn Consulting
Learn Strategic Planning

 

 


Free Management Library, © Copyright Authenticity Consulting, LLC ® ; All rights reserved
Website developed by NilesRiver.com         Graphics by Wylde Hare Creative
Provided by

Authenticity Consulting, LLC
Contact Info Legal Privacy