Return of the Capital Appeals…
Howard Lake | 11 June 2009 | Blogs
This may belong in the “is it just us” file but in the past few weeks I have noticed that last years reluctance by trustees to press the “go” button on capital appeals has been replaced by their usual “haven’t we finished it yet” with no time given to the process between.
Indeed trustee impatience, after at least a year of dilly dallying, may be responsible for the current disastrous rush to borrow, buy and build then look for a consultancy to raise the money; but at least we are seeing a return of confidence in the ability of major donors to give major gifts and major trusts top give capital sums, though the latter might be a reflection of mild panic because even trustees have caught wind of the scant resources likely to be available to trusts next year.
Or perhaps the whole capital appeal race may be down to a subconscious desire to get in before government has to pay for its borrowing by cutting back and axing many of those juicy contracts many of us thrived on these past few years.
Advertisement
John Baguley
www.internationalfundraisingconsultancy.com
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.