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Nonprofit Adviser

A weekly newsletter for Chronicle subscribers that features expert advice, tools, case studies, and trends to help nonprofit professionals raise money, communicate, and lead. Delivered every Monday. (Subscribers only.)

June 9, 2025
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From: Emily Haynes

Subject: Capital Campaigns 101 for Small Nonprofits

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Getty Images/iStockphoto

It may surprise you, but capital campaigns aren’t just for the biggest nonprofits. According to a 2024 study by Capital Campaign Pro, organizations with annual budgets under $1 million raised $3.3 million to $9.5 million, on average, in

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1176670971
Getty Images/iStockphoto

It may surprise you, but capital campaigns aren’t just for the biggest nonprofits. According to a 2024 study by Capital Campaign Pro, organizations with annual budgets under $1 million raised $3.3 million to $9.5 million, on average, in ambitious, multiyear fundraising drives.

When universities or hospitals embark on capital campaigns, they’re typically raising funds for a new building or program. But small nonprofits may use a multiyear campaign to expand a program or inspire supporters with an audacious annual fundraising goal. Such efforts may also be called comprehensive campaigns.

My colleague Lisa Schohl spoke with veteran fundraisers who have launched multiyear campaigns for small organizations, and they said these endeavors are well worth the effort — even in today’s uncertain economic climate.

“People are going to be asking philanthropists for gifts,” says Matthew Naylor, CEO of the National World War I Museum and Memorial. “You may as well be one of those.” The museum is in a campaign right now, and is currently on track to beat its $50 million fundraising goal by 50 percent, Lisa reports

Amy Eisenstein, CEO of Capital Campaign Pro, agrees. “You can’t time the market,” she says. Historically, recessions last about 10 months, and capital drives run for three or four years, she says, so it’s likely you’ll see both ups and downs before you’ve finished. But keep in mind, the wealthiest donors — who are crucial to the success of these campaigns — tend to get richer amid stock-market fluctuations.

One big tip before you get started: Conduct a readiness study to determine whether your nonprofit has the systems and capacity to manage a multiyear campaign — including staff to do the work, a culture of fundraising at the organization, and a donor database that enables you to track and steward supporters properly. In particular, make sure your board is ready to pitch in on a multiyear fundraising endeavor.

For more insights, read Lisa’s full article, How Small Nonprofits Can Run a Strong Capital Campaign: 8 Tips.

Have a great week,

Emily Haynes
Senior Editor, Nonprofit Intelligence

WEBINARS

  • 061225-Securing Large Grants - Graphics_COP_newsletter_Plain.jpg

    Today: June 12 at 2 p.m. ET | Register Now

    Attracting six-figure grants can be a game changer for nonprofits — offering the kind of funding that fuels growth, strengthens infrastructure, and drives long-term impact. Join us for Securing Large Grants: Strategies That Work to learn what it takes today to win major grants. Our speakers will walk through key steps for securing big grants — including how to position your mission, communicate your vision, and engage funders as long-term partners.
  • 072425-Big Gifts Year’s End_COP_newsletter_Plain.jpg

    Today: July 24 at 2 p.m. ET | Register Now

    Nonprofits raise as much as a third of their annual fundraising revenue in the final quarter of the year, but savvy major gift officers keep their major donors and major gift prospects informed and engaged all year long. Join us for Plan Now for Big Gifts at Year’s End to learn smart ways to map out donor meetings, craft compelling messages, and track key metrics to ensure you make the most of the next six months and hit your goals for the year.

ONLINE FORUMS

  • NewsletterPlain-600x500.png

    Today: June 11 at 2 p.m. ET | Register Now

    Nonprofit leaders face big challenges. Figuring out how to make revenue forecasts amid great economic uncertainty may be among the thorniest. Join us for Planning Amid Disruption: Navigating Tariffs, Recession Fears, and More to learn how to prepare budgets based on different scenarios. Kristine Alvarez of the Nonprofit Finance Fund, Myal Greene of World Relief, and Laurie Wolf of The Foraker Group will share their expertise.
  • NewsletterPlain-600x500.png

    Today: June 24 at 2 p.m. ET | Register Now

    Within the next five years, AI has the potential to radically alter the ways we interact with technology and what we expect from it. Join us for A Glimpse into Our Near Future: AI Is Transforming Nonprofits, to learn from Jamie Alexandre of Learning Equality, Ashutosh R. Nandeshwar of CCS Fundraising, and Nick Suplina of Everytown for Gun Safety as they explain how AI is redefining what’s possible in the nonprofit world.

PODCAST

  • Brightspot_Promo_NpN_AlexandraBernadotte&ElsaMorales.jpg
    Podcast | Nonprofits Now: Leading Today

    Listen Now: The Power of 4 Generations Working Together

    Chronicle CEO Stacy Palmer talks to two leaders who are adept at managing all generations, from Gen Z to Boomers, in their organizations. They share tips on how to communicate well, foster collaboration, and build a culture that respects institutional knowledge and embraces innovation.

New Advice

  • GBH President and CEO Susan Goldberg speaks during the opening plenary at the GBH Media Summit on May 1, 2025.
    Q&A

    ‘We Need to Be Strategic’: How GBH’s Leader Makes Hard Choices After Federal Funding Cuts

    By Alex Daniels
    Susan Goldberg discusses running a nonprofit in the crosshairs of the Trump administration’s attacks on PBS, among other challenges.
  • 2204464216
    Fundraising

    4 Strategies Fundraisers Can Use to Boost DAF Donations

    By Rasheeda Childress
    One piece of advice: Tap into your inner Nancy Drew.
  • 1429632772
    Boards

    6 Steps to Turbocharge Your Board Recruitment

    By David L. Wheeler
    Passion for the cause and diversity of experience are as valuable as fundraising chops or the capacity to give big, experts say.
  • Calendar on a blue background
    Tool Kit

    Attracting Monthly Donors and Keeping Them

    Key concepts and advice for establishing or expanding a monthly giving program at your organization.
  • 1923546405
    Grant Seeking

    7 Ways to Earn Foundations’ Trust and Win General Operating Support

    By M.J. Prest
    Three experts explain how to get to know foundation program officers and best position your nonprofit to secure flexible funding.
  • 1396112131
    Fundraising

    5 Ways to Take Monthly Giving to the Next Level

    By Lisa Schohl
    As economic worries grow amid federal funding cuts and threats of a potential recession, monthly giving can provide stability for your nonprofit by creating a predictable and dependable revenue stream.

Tip of the Week

When you’re managing employees from four different generations, it’s important to keep workplace policies flexible. Alexandra Bernadotte, founder and CEO of Beyond 12, a nonprofit that supports first-generation college students, says her younger employees often want more opportunities for in-person interaction and on-the-job mentorship. Meanwhile, her seasoned staff prefer remote work. To ensure that she meets the needs of her whole team, Bernadotte has adopted flexible policies to ensure that in-person work is meaningful while also permitting employees to work remotely when they wish. For more leadership tips, listen to the latest episode of our podcast, “The Power of 4 Generations Working Together.”

New Grant Opportunities

Your Chronicle subscription includes free access to GrantStation’s database of grant opportunities.

Opioid Use Disorder Treatment: The Foundation for Opioid Response Efforts is accepting applications to support U.S. community-based organizations’ capacity to address opioid use disorder and overdose mortality in local communities. The Community-Driven Responses to Opioid Use Disorder and Overdose Mortality 2025 request for proposals will fund specific activities or projects designed to strengthen an organization’s operations, leadership, technology, programmatic, and administrative capacity. Requests may propose to enhance operational effectiveness, strengthen communication, strengthen and evaluate programming, foster collaborations, or include other activities. Nonprofit and fiscally sponsored community-based organizations are eligible to apply. Grants up to $75,000 per year for up to two years; application deadline July 2.

Youth Food and Nutrition: The Hunger to Health Collaboratory’s 2025 Prizes for Innovation recognize organizations working to drive systemic change in food and nutrition and advance health equity for youth in the U.S. Two $100,000 prizes will be awarded to organizations advancing health equity for youth through food and nutrition policy change. In collaboration with Newman’s Own Foundation, four $25,000 prizes will be awarded to organizations working in nutrition education and school food and Indigenous food justice for youth. Nonprofit programs and projects based in the United States and focused on youth up to age 18 that align with the prize categories are eligible. Two $100,000 prizes and four $25,000 prizes will be awarded; application deadline July 1.

Major-Gift FundraisingFundraising from Individuals
Emily Haynes
Emily Haynes is senior editor of nonprofit intelligence at the Chronicle of Philanthropy, where she produces online forums on philanthropy topics and writes and edits reports on nonprofit trends
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