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Quick tips on fundraising and investing

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new report from the Wilmington Trust provides a summary of ways that community colleges can maximize the benefits of having separate foundations:

Fundraising:

  • Diversity fundraising plans
  • Review planned giving and have a legacy society
  • Institute a strategic technology and donor communications plans
  • Engage college leadership in fundraising

Endowment investment:

  • Set an endowment goal and review and compare on a regular basis
  • Diversify in all ways and watch how your cash reserve
  • Consider a total return spending policy
  • Be vigilant on your spending rate
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