May 12, 2008 | Read Time: 1 minute
The rocky economy is making itself felt in capital campaigns across the country, according to an article in the current issue of The Chronicle of Philanthropy.
Among 35 fund raisers and other officials now engaged in campaigns who were interviewed for the story — and in an additional 20 interviews with consultants and other fund-raising experts — some common themes emerge.
- Numerous campaigns have depended on at least some big gifts that are not materializing because donors have experienced recent losses in income or assets.
- Many donors are putting off making any decision to give a big gift now.
- Some campaigns are being put off for now amid nonprofit officials’ concerns about the economy, while others are being extended to give fund raisers more time to reach their goals.
Is the poor economy hurting your capital campaign or other fund-raising efforts?
