Given the stakes and the current economic climate, U.S. higher education officials across the country are stepping up their advocacy efforts, making their voices louder and more persistent than ever. They are vying for the attention of states struggling with increased demands for limited revenues, most choosing to divert dollars from higher…

The world changed in 2008. The financial crisis brought with it a deepening sense of insecurity, and the desire to be connected to a network increased. Throughout the summer and fall of 2008, events were unfolding with alarming rapidity. The Massachusetts Institute of Technology (MIT) Alumni Association wanted to respond to this change in the…

Since the recession struck in late 2008, fundraising has become a minefield, and even the steadiest advancement officers are unsure of their steps. For years, education fundraisers heard yes from donor after donor. Yes to large gifts. Yes to endowment boosts. Yes to scholarships and athletic facility upgrades. In the 2008 fiscal year, educational…

Just a few years ago, the University of Notre Dame averaged about six mega gifts--$10 million or more--a year. Last year, however, the Fighting Irish received only one such donation. "That multimillion donation has become more difficult to obtain," says Lou Nanni, vice president for university relations at the Indiana institution.…

It makes headlines nearly every day: U.S. cities, counties, and states are grappling with record budget shortfalls. Given the economic climate, many higher education administrators recognize that their institutions need to be more vocal and creative in providing and promoting the value they bring to their communities--not just to hold on to…

A housing and municipal construction bubble popped and generated a lending crisis in which interbank lending rates became impossibly high. The banking crisis, which spread across Europe and the United States, eventually impacted other industries, leading to a stock market crash and an economic contraction lasting several years. This was not in…

Even in the best financial times, the relationship between the development office and the alumni association can be uneasy. While some alumni leaders would never try to calculate an event's success in funds raised, others find that their most important and successful events happen with development goals in mind. There may never be a consensus…

In the current economic climate, alumni associations are taking hard looks at their budgets and making cuts where necessary. However, the recession is an opportunity for alumni associations to create and build alumni loyalty through networking and career services--when they are needed most. Many alumni association budgets are set through the end…

Even before the economy took a nosedive, many institutions were seeing affinity revenue stagnate or drop. With institutional budgets constricting and alumni wallets shrinking, funding the alumni association might require some creativity. This article describes what alumni leaders do to keep funding stable when affinity revenue falters.

The changes and uncertainty people have seen in the economy over the past 20 months have created a paradigm shift in fundraising. This has certainly been the case at Holy Cross, a Jesuit liberal arts college of 2,900 students in Massachusetts, as it has been forced to rethink its strategies and adapt in creative ways to the new reality. Other…

Asking constituents to rally around a cause and make stretch gifts when they're already suffering unprecedented hits to their personal finances sounds more like a fool's errand than a best practice in fundraising. The economic crisis has added a tricky new aspect to operating in campaign mode, but savvy fundraisers haven't given up, scaled back,…

Annual giving is the number one indicator that someone will make a major or planned gift. Annual funds are the meat and potatoes of fundraising. But if the annual fund has recently taken a backseat to major and megagifts, the recession made a bad situation even worse. Today, most annual fund performance indicators have plummeted. Virtually all…