An "advisory board" refers to a group of influential and prominent individuals who are associated with a development program or organization. The primary purpose of an advisory board is to provide guidance, expertise, and support to the program or organization by leveraging the collective knowledge, experience, and networks of its members. The advisory board's involvement is intended to lend credibility, prestige, and implied endorsement to the program's goals and objectives.
"Advance gifts" refer to donations or pledges that are given or committed in advance of a public announcement of a fundraising campaign. These gifts are solicited and secured before the official launch of the campaign because their size and significance can impact the overall success and momentum of the fundraising effort.
"Charitable deferred gifts" refer to donations made to a charitable organization using methods that provide benefits or assets at a future date. These gifts involve arrangements where the donor designates a charitable organization as the ultimate beneficiary, but the actual transfer of assets or benefits occurs at a later time, typically after the donor's lifetime. Charitable deferred gifts offer various advantages, such as potential tax benefits, estate planning opportunities, and the ability to leave a lasting philanthropic legacy.
A "gift" is a voluntary and irrevocable transfer of something of value from one party to another without any consideration or expectation of receiving anything in return. It is an act of giving, typically motivated by generosity, affection, or a desire to support or benefit the recipient. A true gift is made without any conditions or expectations of reclaiming it.
Telemarketing refers to the practice of raising funds or selling products or services through telephone communication. It involves contacting potential donors, customers, or clients by phone with the aim of promoting a cause, soliciting donations, or making sales. Telemarketing can be conducted by organizations, businesses, or third-party agencies specializing in telephone-based marketing and fundraising activities.
An "acquisition mailing" or "prospect mailing" refers to a targeted mailing campaign aimed at acquiring new members or donors for an organization. It involves sending mailings, such as letters, brochures, or promotional materials, to individuals or businesses who have been identified as potential supporters or contributors to the organization's cause.
The term "house file" refers to a list or database containing the names and addresses of active and recently lapsed donors and members of an organization. It is an essential tool for nonprofit organizations, associations, or businesses that maintain a database of individuals who have demonstrated support or engagement with their cause, mission, or products/services.
