Pi Beta Phi - University of Minnesota

Pre-Campaign Feasibility Study Report

Minnesota Alpha Chapter of Pi Beta Phi at the University of Minnesota

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© 2018 PENNINGTON & COMPANY FUNDRAISING, LLC. ALL RIGHTS RESERVED. 38 • Influential, recognizable, and dedicated volunteer leadership. • Adequate investment of finances for campaign expenditures. • Professional support for volunteer leaders and major gift solicitations. C. Recommendations Pennington & Company has carefully evaluated the results herein for the Minnesota Alpha House Corporation Board. A minimum fundraising goal of $600,000 is feasible only if the house corporation adopts and implements the following recommendations. 1. The Minnesota Alpha alumnae leadership makes the decision to proceed with plans for a capital campaign within 30 days. 2. A summary of this report should be shared with all individuals contacted as a part of the feasibility study. The summary should be sent with a letter reporting the decision to proceed with a campaign. 3. Final project plans should be modified to reflect the feelings, attitudes, and opinions expressed in the feasibility study report. The size of the project should be reflective of the projected campaign goal recommendation and any long-term financial analysis and goals that are developed. A final and accurate cost breakdown of the project plans should be provided to Pennington & Company. 4. The chapter implement a comprehensive, ongoing alumnae relations program that utilizes both print and electronic media to ensure regular communication and personal contact among the house corporation, undergraduate chapter, and alumnae constituency. Biographical updates should be mailed annually, and further efforts should be made to locate lost alumnae. 5. Develop a detailed case statement and campaign plan to define the needs of the facility, show undergraduate accomplishments, highlight increased alumnae support, and prove sound fiscal management so prospects will assign a higher philanthropic priority to this project. The case statement must go beyond an explanation of need and show how this effort will affect Minnesota Alpha's success. 6. A pro forma should be developed to demonstrate the operational viability of the Minnesota Alpha House Corporation Board. Scenarios regarding

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