Donation Management for Finance Managers and Fundraisers
Responsibility and accountability to donors falls to both the development and finance managers. Effective managers recognize that they are stewarding each donor from the first gift throughout the life of the relationship. Both fundraising and finance staff must understand and appreciate what is involved in the management of grants, individual donations and corporate gifts, and in recent years, crowdfunding and online contributions. This requires mastering the budgeting process, the different requirements and expectations for various gift vehicles, the management of expenses and the role of recognition and accountability. It also demands that both sets of players understand each other’s roles and learn to communicate effectively, speaking each other’s languages.
Accurate, ethical and legal contribution management means satisfying donors, regulators and program staff and creates opportunities for future gifts. Just as you have a plan for raising funds, you need a plan for managing them as well and there must be a strong partnership between the development and finance staff that ensures accuracy, continuity and accountability to the funder. Real world examples will enable you to understand the significance of what’s included in budgeting, managing expenses, creating positive donor relations, trouble-shooting potential problems to secure future support.
Please note this class has a snow date of 12/12/2017. If we have to cancel this class due to inclement weather it will be moved to this date but it will not necessarily be held at the same location.
Audience: Development staff, finance staff, executive directors, board development and finance chairs, program staff involved in managing and reporting on donations and grants
Certificate Programs: Fundraising
Date: December 05th, 2017
Richard Przywara, CFRE was most recently Executive Director for the West Chester University Foundation, responsible for a $50 million capital campaign and $6 million in annual fundraising and leading a $300 million revitalization project of the student residence halls. Prior to serving in this role, Rich was the general manager of the Department of Special Service for New Castle County, Delaware where he supervised a staff of over 450 and managed an annual operating and capital budget exceeding $100 million. He has also served as the Associate Dean for Alumni and Development at Widener University School of Law in Wilmington.