Confirmed: Boards Engaged in Fundraising Significantly Impact the Bottom Line
In September 2012, the Nonprofit Research Collaborative released a report on the impact Board members have on an organization’s fundraising goals.
The study confirmed what you already know: a Board engaged in fundraising is necessary.
Other key findings and recommendations include:
- Organizations with a Development Committee were more likely to reach their goal.
- Presenting Board members with a menu of options to engage in fundraising was most successful.
- Setting a minimum annual gift amount for Board members as part of their role and responsibilities resulted in a deeper level of investment and involvement.
- More Board members didn’t necessarily mean more engagement.
The entire report is worth the time to read. If you don’t have a strong fundraising Board, consider adding it to the agenda for discussion at your next Board meeting. It may be exactly what is needed to jumpstart leadership into action.
