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How to Create an Accurate Major Gift Expense Budget

How to Create an Accurate Major Gift Expense Budget

by Richard Perry and Jeff Schreifels | Jun 18, 2021 | Budgeting, Economics of Major Gifts, Expenses | Budgets, Economics, Major Gifts

Second in a series: Creating Forecasts and Budget for Major Gifts “She just needs to raise two times her annual salary in the first year, and we’ll be doing well.” Jeff and I don’t know who came up with this idea, but it’s way off. It’s not based in reality on the...
How to Create an Accurate Major Gift Revenue Forecast

How to Create an Accurate Major Gift Revenue Forecast

by Richard Perry and Jeff Schreifels | Jun 16, 2021 | Economics of Major Gifts, Forecasting, revenue forecast | Budgets, Economics

First in a series: Creating Forecasts and Budget for Major Gifts Creating a realistic and fair budget for major gifts isn’t difficult IF you know the elements and the principles. And by fair, I mean fair to the MGO and the organization. But it’s in knowing the...
Need Cash Now? Start a Planned Giving Program

Need Cash Now? Start a Planned Giving Program

by Richard Perry and Jeff Schreifels | Sep 14, 2020 | Investment, PGOs, Revenue | Economics, Planned giving, Return on Investment

Most non-profit leaders are reluctant to start a planned giving program because they don’t see the immediate value. The thinking is, “Why should I create a program that won’t benefit the organization for another 10-15 years? I mean, I’m not even going to be here that...
You Are NOT Aware of the Hidden Money in Your Database

You Are NOT Aware of the Hidden Money in Your Database

by Richard Perry and Jeff Schreifels | Sep 11, 2020 | Bequests, Net Revenue, Planned Giving | Economics, Planned giving

I don’t know one non-profit that couldn’t use more net revenue. Yet, in hundreds of thousands of organizations, potential net revenue sits in databases and never gets realized. Yes, it’s sitting there from donors waiting to be asked for it, yet you do nothing about...
How to Answer the “Where’s the Money?” Question

How to Answer the “Where’s the Money?” Question

by Richard Perry and Jeff Schreifels | Jul 1, 2019 | Budgets, expectations, Forecasting | Caseloads, Economics, Transformational Gift

Where’s the money? Jeff and I, and our front-line managers, are constantly asked that question. “When are we going to see those large returns from the investment we’re making in major gifts?” Our answer, depending on the circumstances, is in two to three, maybe four...
12 Reasons Your Major Gift Program Isn’t Producing Enough Net Revenue

12 Reasons Your Major Gift Program Isn’t Producing Enough Net Revenue

by Richard Perry and Jeff Schreifels | May 1, 2019 | Finance, Planning, ROI | Economics, Management, Return on Investment

MGO return on investment (ROI) is a big topic these days, with leaders and managers asking what level of return they should expect from their MGO, and why some MGOs consistently have a low ROI. These are reasonable questions. A MGO does have to deliver net revenue to...
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