$20.00 – $159.00
Registration for this course is closed. Please contact us on 215-991-3676 to inquire about any remaining spaces or to be placed on a waiting list.
Too often, donor management and gift stewardship are an afterthought instead of integral parts of your fundraising plan. Procedures for accepting, acknowledging and stewarding gifts – from the first donation through the end of the relationship – are essential for both legal and ethical compliance, as well as donor cultivation. Recognizing that it takes far fewer resources to renew or upgrade a current donor than it does to acquire a new donor, accurate and thoughtful management and stewardship are cost effective tools for the development officer.
Responsibility and accountability to donors falls to both the development and finance managers. Both must understand and appreciate what is involved in the management of grants, individual donations and corporate gifts, as well as crowdfunding and online contributions. This requires mastering the different requirements and expectations for various gift vehicles, the management of expenses and the role of recognition and accountability and budgeting. It also demands a partnership that includes understanding each other’s roles and learning to communicate effectively. 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 only a strong alliance between the development and finance staff can ensure 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 and trouble-shooting potential problems to secure future support. Additionally, a review of IRS gift acceptance procedure will enable its integration into your planning.
Please note this class has a snow date of 12/12/2018. 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.