Have you ever wished that property abutting one of your current locations would come on the market? What if a for-profit service provider in your community wanted or needed to exit a facility that was perfect for a service expansion? What if the undeveloped parcel that fits your long-term strategic plan suddenly became available after years of cultivating the owners?
Would you be in a position to close? The timing doesn’t always line up, and it’s possible that you wouldn’t be. But instead of walking away, consider the often-overlooked source of bridge funding: the friendly buyer. The friendly buyer purchases and holds the real estate with the intention that at some future date, your organization can and will purchase from them.
Here are three scenarios that we’ve seen play out in real life.
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Topics:
Capital Campaign,
Capital,
Capital Fundraising,
finance
I recently joined a meeting with a new client that is about to embark on his first capital campaign. He asked a great question, “What do you wish you would’ve known before your first capital campaign?”
Hindsight is usually 20/20 so I was grateful for this great question and the ability to help this client avoid some preventable pitfalls.
A few tips came to mind:
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Topics:
Capital Campaign,
Goals,
Financial Development,
Capital Fundraising,
finance,
financial management
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Topics:
Capital Campaign,
Capital Readiness,
Fundraising,
Camp Fundraising,
Fundraising Management,
Planning,
Capital Fundraising,
Church Fundraising,
Fundraising Campaign,
Asking For Help,
Nonprofit,
financial management
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Topics:
Capital Campaign,
Capital Readiness,
Fundraising,
Camp Fundraising,
Fundraising Management,
Planning,
Capital Fundraising,
Church Fundraising,
Fundraising Campaign,
Asking For Help,
Nonprofit,
financial management
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Topics:
Capital Campaign,
Capital Readiness,
Fundraising,
Camp Fundraising,
Fundraising Management,
Planning,
Capital Fundraising,
Church Fundraising,
Fundraising Campaign,
Asking For Help,
Nonprofit,
financial management
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Topics:
Capital Campaign,
Capital Readiness,
Fundraising,
Camp Fundraising,
Fundraising Management,
Planning,
Capital Fundraising,
Church Fundraising,
Fundraising Campaign,
Capital Leadership,
Asking For Help,
Nonprofit,
financial management
Recently, while in Bloomington, IL, the hotel shuttle driver dropped me off with the comment “welcome to the smallest airport I’ve ever seen.” He was surprised when I assured him that I had seen several airports with fewer than nine gates.
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Topics:
Nonprofit Management,
Capital Fundraising,
finance
This October, the Donor By Design team is tackling spooky situations in development. Join us this month for hair-raising stories and cautionary tales of frightful fundraising!
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Topics:
Fundraising,
Annual Campaign,
Capital Fundraising,
Church Fundraising,
Fund Development,
Fundraising Campaign