Planned giving campaigns require a lot of work and preparation, including forming a committee. Just having a committee is not enough, because problems and mistakes can actually cause harm rather than just not working to maximum benefit.
In addition to fundraising, a committee can lend a great deal of credibility to a fundraising effort or to an organization itself. A committee can even help plug an organization into a community’s estate planning network.
John Elbare, founder and owner of Florida Philanthropic Advisors in Sarasota, Fla., maintains that being aware of the most common mistakes and then avoiding them can go a long way toward preventing headaches and making the committee experience and the campaign a good one for all involved.
The most common mistakes, Elbare said, are:
As we celebrate our 36th year, NPT remains dedicated to supplying breaking news, in-depth reporting, and special issue coverage to help nonprofit executives run their organizations more effectively.