I. FUNDRAISING FOLLIES: Unclear Terms
II. RESOURCE SPOTLIGHT: Executive Director Opening
I. FUNDRAISING FOLLIES: Unclear Terms
The Inland Foundation just received a $400,000 matching challenge grant to help us complete our current $1.1 million campaign. I was thrilled but the people around me were happy but not all were as exuberant as I was. Especially the board chairs.Â
I couldn’t figure out what the hesitation was about. This was a huge boon to our effort. As I discussed the gift with each person, they each asked, “Are we going to have to raise the entire $400,000 before we see any of the matching money?”
It turns out the matching gifts they’d all been familiar with were all-or-nothing propositions. You raise all the money or none of the match will be given. Wow! I’ve been a part of many matching gifts but none this strict. I had no idea how unclear the terms of this gift were to them.
Given their past experience, it’s natural that they would be reserved about the news of a $400,000 matching gift. It’s been very challenging raising the $660,000 we’ve raised this year. They were afraid that if we didn’t raise the entire additional $400,000 we wouldn’t see any of the challenge money.
I explained to them that this was a dollar-for-dollar match up to $400,000–every dollar we raise from here on out will be matched by the grant. That got them excited!
Matching challenges can be powerful ways for donors to leverage the impact of their philanthropy. Their gift helps breath life into the fundraising effort and they see the nonprofit stretch a bit to receive the full benefit of their generosity. That stretching helps the nonprofit grow its capacity either through increased giving from current donors or through new prospects coming on board to help the nonprofit meet the match.
Some matching grants are outright gifts that the nonprofit can use to inspire others. Others are 1:1 matches, others are 2:1 or even 3:1–that means every new $1 raised is matched with $3 from the matching grant. Just work with the donor to make sure her wishes are fully accomplished in a way that is most helpful to the nonprofit.
I have every reason to believe that we’ll raise the full $400,000 and blow way past our $1.1 million goal. But if you’re part of crafting a matching gift, remember to make sure that everyone involved is clear on the terms.
II. RESOURCE SPOTLIGHT: Executive Director Opening
Another job opening came across my desk since the last edition of Extreme Fundraising. This opportunity sounds great too!
Marc, Our firm has been retained to recruit an Executive Director for the Foundation for Bloomington Hospital and Healthcare System. Located in the diverse, college town of Bloomington , Indiana , Bloomington Hospital is a comprehensive 355-bed medical center offering high quality care to the residents of a nine-county region in southern Indiana .The Executive Director will serve as the chief administrator of the Foundation. The ED has responsibility for developing and executing strategic plans; developing and implementing
fundraising strategies; managing to board-approved budgets; and for communicating the mission and vision to the Foundation’s stakeholders and partners. This is an outstanding opportunity to work with a fabulous board and represent an organization that is respected and admired in the community.Given your position, I am writing in the hope that you might identify for us individuals you feel are qualified and have the appropriate background for this position. We would appreciate any thoughts or suggestions you may have. Please feel free to contact me to discuss any ideas or questions you might have. I can be reached by phone: 312/876-9800, or by email at Mbermingham@qlksearch.com.
To your extreme fundraising success!
To your extreme fundraising success!Marc
=’Brand New News Fr0m The Timber Industry!!’=
========Latest Profile==========
Energy & Asset Technology, Inc. (EGTY)
Current Price $0.15
================================
Recognize this undiscovered gem which is poised to jump!!
Please read the following Announcement in its Entierty and
Consider the Possibilities?
Watch this One to Trad,e!
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EGTY trading volume is beginning to surge with landslide Announcement.
The value of this Stoc,k appears poised for growth! This one will not
remain on the ground floor for long.
KEEP READING!!!!!!!!!!!!!!!
===============
“BREAKING NEWS”
===============
-Energy and Asset Technology, Inc. (EGTY) owns a global license to market
the genetically enhanced Global Cedar growth trees, with plans to
REVOLUTIONIZE the forest-timber industry.
These newly enhanced Globa| Cedar trees require only 9-12 years of growth
before they can be harvested for lumber, whereas worldwide growth time for
lumber is 30-50 years.
Other than growing at an astonishing rate, the Global Cedar has a number
of other benefits. Its natural elements make it resistant to termites, and
the lack of oils and sap found in the wood make it resistant to forest fire,
ensuring higher returns on investments.
T
he wood is very lightweight and strong, lighter than Poplar and over twice
as strong as Balsa, which makes it great for construction. It also has
the unique ability to regrow itself from the stump, minimizing the land and
time to replant and develop new root systems.
Based on current resources and agreements, EGTY projects revenues of $140
Million with an approximate profit margin of 40% for each 9-year cycle. With
anticipated growth, EGTY is expected to challenge Deltic Timber Corp. during
its initial 9-year cycle.
Deltic Timber Corp. currently trades at over $38.00 a share with about $153
Million in revenues. As the reputation and demand for the Global Cedar tree
continues to grow around the world EGTY believes additional multi-million
dollar agreements will be forthcoming. The Global Cedar nursery has produced
about 100,000 infant plants and is developing a production growth target of
250,000 infant plants per month.
Energy and Asset Technology is currently in negotiations with land and business
owners in New Zealand, Greece and Malaysia regarding the purchase of their popular
and profitable fast growing infant tree plants. Inquiries from the governments of
Brazil and Ecuador are also being evaluated.
Conclusion:
The examples above show the Awesome, Earning Potential of little
known Companies That Explode onto Investor?s Radar Screens.
This s-t0ck will not be a Secret for long. Then You May Feel the Desire to Act Right
Now! And Please Watch This One Trade!!
GO EGTY!
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