The Nebraska Community Foundation works with community, organizational and donor-advised affiliated funds serving 250 communities located in 80 counties. NCF and its affiliated funds have reinvested $269 million in Nebraska since 1994.
This illustration describes a sequence of events to follow over a 12-month period. The steps represent work that must be done by affiliated fund leaders. The banister represents support NCF provides and points at which NCF staff can provide on-site assistance.
Receiving a significant “Challenge” from a donor is an important event for an affiliated fund. Building the endowment will provide a permanent source of funds for community betterment projects that will positively affect the community…forever.
|Step 1:||Confirm Terms
The local Fund Advisory Committee communicates with the donor to finalize the terms: amount, match required (1 to 1) or (2 to 1) etc., deadline, purpose of the fund, and publicity desired. Terms are put into writing and an agreement is signed by the donor, the affiliated fund and NCF.
Fund Advisory Committee Member Commitments
Experience has shown that the endowment building process works best when the local Fund Advisory Committee members make their personal commitment first…before asking any one else to give. Volunteers need to commit their time, talent and treasure.
Read more about FAC member roles.
Plan a Capital Campaign
Fund Advisory Committee members need to plan carefully and prepare in advance before visiting with donors. Successful campaigns are well organized. FAC members should also share in the duties of the campaign according to their strengths and comfort level.
Read more about donor identification.
Visit face-to-face with financial advisors. Share information. Ask if they have clients who may be interested in contributing.
The goal is to secure gifts and pledges for 40% to 50% of the required match before making the public announcement. You want to announce success rather than intention.
Prepare a press release in advance with assistance from NCF. Put a “thermometer” in the newspaper and follow up articles to show progress and build momentum. Distribute marketing materials. Other donors will be inspired by a personal story of why the donor made the gift and what they hope to achieve. Read more about working with the media.
Celebrate Successes Annually
Chad and Tara’s gift of grain will help build Norfolk’s endowment. They believe that an everlasting pool of money, creating ways to reinvest year after year, is a great idea.Read more →