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Post by matunuck on Jan 7, 2024 12:02:08 GMT -5
No idea if this is a new position.
jobs.philanthropy.com/job/41702/associate-vice-president-for-individual-giving
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Post by sader1970 on Jan 7, 2024 12:27:26 GMT -5
Believe it is. Was up there talking to some staff last Thursday and know that Sean has been and will continue to reorganize (my words, not his) and that there will be a major focus on tapping potential deep pocket donors. Many of them have already been identified but there is a belief that HC has not given these folks enough attention. I was speaking to one staffer who reported only indirectly to Traci Barlok but now reports directly to Sean.
These types of positions are seen not as an expense but rather an investment in resources that will presumably pay for themselves and then some.
If I was 20 years (well maybe 30😉) younger, I might have applied for the position as I have had more than a little experience in multiple non-profits shaking the money tree.
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Post by mm67 on Jan 7, 2024 12:44:08 GMT -5
Believe it is. Was up there talking to some staff last Thursday and know that Sean has been and will continue to reorganize (my words, not his) and that there will be a major focus on tapping potential deep pocket donors. Many of them have already been identified but there is a belief that HC has not given these folks enough attention. I was speaking to one staffer who reported only indirectly to Traci Barlok but now reports directly to Sean. These types of positions are seen not as an expense but rather an investment in resources that will presumably pay for themselves nd then some. If I was 20 years (well maybe 30😉) younger, I might have applied for the position as I have had more than a little experience in multiple non-profits shaking the money tree. And, post retirement consultant. Surely you have a lot of wisdom to give. Do you still have your famous Rolodex? Never stop. Never give up. |
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Post by Pakachoag Phreek on Jan 7, 2024 18:07:37 GMT -5
Believe it is. Was up there talking to some staff last Thursday and know that Sean has been and will continue to reorganize (my words, not his) and that there will be a major focus on tapping potential deep pocket donors. Many of them have already been identified but there is a belief that HC has not given these folks enough attention. I was speaking to one staffer who reported only indirectly to Traci Barlok but now reports directly to Sean. These types of positions are seen not as an expense but rather an investment in resources that will presumably pay for themselves nd then some. If I was 20 years (well maybe 30😉) younger, I might have applied for the position as I have had more than a little experience in multiple non-profits shaking the money tree. Several years ago, I made inquiries on whether HC maintained contact with a particular donor(s) and i was told that an individual in the Office of Advancement was doing just that. i did not recognize the individual's name. IMO, the need for such a position is underscored by the imbroglio with a past generous donor. This occurred after Patterson, Fr. B., and Tracy had departed, and the interim head of the Office (replacing Tracy) was a consultant under contract. |
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Post by alum on Jan 8, 2024 6:27:19 GMT -5
PP—I think that this is just a management issue.
My wife, daughter, and brother in law do this for a living so I have learned a lot about this field. Donors with a particular capacity (something like $100,000 over 5 years) are assigned a major gift officer (sometimes called a leadership gift officer) as long as they also show an inclination to give. These assignments are likely regional. Donors who have a high enough capacity and interest are assigned to a principal gift officer. Important enough donors are assigned to the VP. The president might be personally involved with some.
There are also planned giving officers who work with alumni about bequests, etc
Smaller donors who are heavily involved (class agents and reunion committee members, for example) might be assigned to someone in alumni relations.
Others are managed by annual fund reps.
I showed my wife the job description and she thought that perhaps the heads of major giving, principal giving and the Holy Cross Fund would report to the person in the new position in order to free the VP up to do more fundraising himself.
If the job is being done well, the College knows a lot about every alumnus. This begins with whether you applied for financial aid as a student and continues for life. I received a survey from the College within the last year updating my information. It asks about jobs for both the alum and spouse and had my kids colleges which I must have given them previously. This information allows advancement to identify those who might be good prospects who can be approached to ascertain interest both presently and in the future.
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Post by hc6774 on Jan 8, 2024 8:48:37 GMT -5
PP—I think that this is just a management issue. My wife, daughter, and brother in law do this for a living so I have learned a lot about this field. Donors with a particular capacity (something like $100,000 over 5 years) are assigned a major gift officer (sometimes called a leadership gift officer) as long as they also show an inclination to give. These assignments are likely regional. Donors who have a high enough capacity and interest are assigned to a principal gift officer. Important enough donors are assigned to the VP. The president might be personally involved with some. There are also planned giving officers who work with alumni about bequests, etc Smaller donors who are heavily involved (class agents and reunion committee members, for example) might be assigned to someone in alumni relations. Others are managed by annual fund reps. I showed my wife the job description and she thought that perhaps the heads of major giving, principal giving and the Holy Cross Fund would report to the person in the new position in order to free the VP up to do more fundraising himself. If the job is being done well, the College knows a lot about every alumnus. This begins with whether you applied for financial aid as a student and continues for life. I received a survey from the College within the last year updating my information. It asks about jobs for both the alum and spouse and had my kids colleges which I must have given them previously. This information allows advancement to identify those who might be good prospects who can be approached to ascertain interest both presently and in the future. Agree with above At HC, full pay non alum parents/families are researched to determine 'capacity' for 6 figure gifts. Beginning freshman year there is about a 2-year window to 'cultivate' them. |
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Post by sader1970 on Jan 8, 2024 8:58:11 GMT -5
You are dating yourself as many here are probably wondering about a Rolex watch that I never had and can't and never could afford. Now, dating myself, yes I had and probably still do buried somewhere in the basement, a Rolodex that I used religiously to keep close to me how to keep in touch with friends, relatives and business associates. Thought I was "cutting edge" when I bought a designed paper cutter punch that you could use on someone's business card (anyone still use those?), so instead of manually writing down all the contact information, just punch the person's business card with the two slots at the bottom that the punch created and insert into the Rolodex. More than most here would want to know!  |
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Post by sader1970 on Jan 8, 2024 8:59:38 GMT -5
And next you'll tell us they have to use a lot of manure to fertilize them?  |
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Post by Pakachoag Phreek on Jan 8, 2024 9:25:24 GMT -5
PP—I think that this is just a management issue. My wife, daughter, and brother in law do this for a living so I have learned a lot about this field. Donors with a particular capacity (something like $100,000 over 5 years) are assigned a major gift officer (sometimes called a leadership gift officer) as long as they also show an inclination to give. These assignments are likely regional. Donors who have a high enough capacity and interest are assigned to a principal gift officer. Important enough donors are assigned to the VP. The president might be personally involved with some. There are also planned giving officers who work with alumni about bequests, etc Smaller donors who are heavily involved (class agents and reunion committee members, for example) might be assigned to someone in alumni relations. Others are managed by annual fund reps. I showed my wife the job description and she thought that perhaps the heads of major giving, principal giving and the Holy Cross Fund would report to the person in the new position in order to free the VP up to do more fundraising himself. If the job is being done well, the College knows a lot about every alumnus. This begins with whether you applied for financial aid as a student and continues for life. I received a survey from the College within the last year updating my information. It asks about jobs for both the alum and spouse and had my kids colleges which I must have given them previously. This information allows advancement to identify those who might be good prospects who can be approached to ascertain interest both presently and in the future. Thank you for the background. The potential donor(s) I was inquiring about have assets worth four more zeros than $100,000. |
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Post by alum on Jan 8, 2024 9:53:23 GMT -5
PP—I think that this is just a management issue. My wife, daughter, and brother in law do this for a living so I have learned a lot about this field. Donors with a particular capacity (something like $100,000 over 5 years) are assigned a major gift officer (sometimes called a leadership gift officer) as long as they also show an inclination to give. These assignments are likely regional. Donors who have a high enough capacity and interest are assigned to a principal gift officer. Important enough donors are assigned to the VP. The president might be personally involved with some. There are also planned giving officers who work with alumni about bequests, etc Smaller donors who are heavily involved (class agents and reunion committee members, for example) might be assigned to someone in alumni relations. Others are managed by annual fund reps. I showed my wife the job description and she thought that perhaps the heads of major giving, principal giving and the Holy Cross Fund would report to the person in the new position in order to free the VP up to do more fundraising himself. If the job is being done well, the College knows a lot about every alumnus. This begins with whether you applied for financial aid as a student and continues for life. I received a survey from the College within the last year updating my information. It asks about jobs for both the alum and spouse and had my kids colleges which I must have given them previously. This information allows advancement to identify those who might be good prospects who can be approached to ascertain interest both presently and in the future. Thank you for the background. The potential donor(s) I was inquiring about have assets worth four more zeros than $100,000. Capacity is only half of the equation. |
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Post by sader1970 on Jan 8, 2024 10:45:19 GMT -5
 How true. Believe we've talked about the U-Haul guy who gives little or nothing. Not trying to single him out but just an example. I am not aware of any billionaire Classmates but there are guys that have made (note passive tense, we are almost all retired) lots of money and have substantial assets who don't give as much as you would like to alma mater. Maybe they'll leave it to Holy Cross after they've passed?
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Post by mm67 on Jan 8, 2024 11:12:52 GMT -5
HC must continue to up its game. The Prior fiasco is a nightmare. He is a fellow alum worthy of my support. Money is the mother's milk of higher education. Can't cry over spilt milk but ...
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Post by Chu Chu on Jan 9, 2024 14:28:36 GMT -5
How true. Believe we've talked about the U-Haul guy who gives little or nothing. Not trying to single him out but just an example. I am not aware of any billionaire Classmates but there are guys that have made (note passive tense, we are almost all retired) lots of money and have substantial assets who don't give as much as you would like to alma mater. Maybe they'll leave it to Holy Cross after they've passed? |
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Post by longsuffering on Jan 9, 2024 22:56:04 GMT -5
You are dating yourself as many here are probably wondering about a Rolex watch that I never had and can't and never could afford. Now, dating myself, yes I had and probably still do buried somewhere in the basement, a Rolodex that I used religiously to keep close to me how to keep in touch with friends, relatives and business associates. Thought I was "cutting edge" when I bought a designed paper cutter punch that you could use on someone's business card (anyone still use those?), so instead of manually writing down all the contact information, just punch the person's business card with the two slots at the bottom that the punch created and insert into the Rolodex. More than most here would want to know! Dan Shaughnessy got a column out of dusting off his old rolodex and cold calling the numbers. Some like long time Bruins GM Harry Sinden still had the same home phone number he had forty years ago and picked the phone right up.🙂 |
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How true. Believe we've talked about the U-Haul guy who gives little or nothing. Not trying to single him out but just an example.