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Two months into his role as president, G. Douglass Lewis received the news that Wesley Theological Seminary was in debt. So, with the help of his development consultant and the Wesley staff, Lewis set forth a strategic plan for a program that would address their lack of fundraising ability.

Lewis attributes the success of their program to three basic building blocks: hands-on presidential involvement, an excellent staff that was dedicated to the goals of the program, and regular meetings with the consultant to hold the institution accountable.

The payoff from Wesley’s fundraising efforts far exceeded their expectations in both the first few years and for years after.

Lewis and the rest of the Wesley staff followed four techniques to help achieve their ambitious goals:

  • Identify prospective supporters.
  • Cultivate long-term relationships.
  • Ask clearly and let the donor decide.
  • Express gratitude as quickly as possible.

Do you want to improve your organization’s fundraising ability? In Trust magazine features an article by Lewis sharing how Wesley Seminary tackled their personal fundraising concerns. Read it here.

For more resources from In Trust magazine, read the Autumn 2015 issue, or visit the In Trust magazine archive to see all past publications. 

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Who's Next? Succession Planning for Boards

UPCOMING WEBINAR: OCT. 24, 1 PM (ET)

Planning for board officers vacancies should start well in advance with an intentional, smooth, and carefully designed transition plan.

I See That Hand

UPCOMING WEBINAR: OCT. 1, 1 PM (ET)

Board members are typically recruited for their leadership, business acumen, and networks. Dr. Rebekah Basinger, project director of the In Trust Center’s Wise Stewards Initiative, will discuss how strategic questioning and interrogation skills are essential for effective board stewardship.

Strategic Partnerships in Higher Education

ON DEMAND

In this on-demand webinar, Rick Staisloff, senior partner of rpk GROUP, discusses essential aspects of strategic partnerships. This session delves into current trends, identification of partners, navigating the due diligence process, and common challenges.

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