Best Practices for Initiating a Capital Campaign During a Pandemic
During these times of tremendous economic uncertainty for nonprofits, launching a capital campaign may seem imprudent to many. To the contrary, however, a pandemic may be the ideal time for tax-exempt organizations to initiate such an undertaking because capital campaigns serve two essential purposes that are of paramount importance in a recessionary economy: building mission awareness and raising much-needed funding.
During this webinar we will discuss:
- An overview of the capital campaign process, from planning through the campaign deadline date.
- Procedural best practices for nonprofits to ensure they are following appropriate accounting, financial reporting, and fundraising guidelines.
- Recommendations for reconciliations between accounting and development, the establishment of formal gift acceptance, and contribution recognition accounting policies.
The recording and slides will be shared following the presentation.