A capital campaign is a fundraising effort targeted towards a specific project that takes place over a fixed period of time. It is distinct from annual fundraising that supports operational costs, and is used to raise large sums of money, often over a period of several years. Capital campaigns typically support bricks-and-mortar building projects and/or the accumulation of endowment funds. Capital campaigns are complex undertakings that require:
- Careful planning and institutional readiness to execute the campaign
- An understanding of the typical campaign phases
- Skillful execution of a well-developed campaign plan
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