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HKS Strategic Priorities. Sarah Kruse, Alumni Relations and Resource Development September 2011. HKS Priorities. Reaching the Very Best Leaders. Increase financial aid Explore cross-university partnerships Expand executive education.
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HKS Strategic Priorities Sarah Kruse, Alumni Relations and Resource Development September 2011
Reaching the Very Best Leaders • Increase financial aid • Explore cross-university partnerships • Expand executive education
Transforming the Educational Experience to Equip HKS Students to Drive Positive Change • Increase field/experiential education • Increase technological sophistication
Generating Powerful Ideas That Address Our Most Pressing Problems • Increase faculty funding • Create cross cutting research initiatives • Sample topics: • Making Democracy Work • Creating a Share and Sustainable Prosperity
Creating a Campus That Amplifies the Mission • Conduct campus master planning process
Key Elements to a Fundraising Proposal • Define the need, including current capacity and vision for future state. • Tie the “solution” to larger institutional priorities/goals • Highlight expanded goals and distinguishing features of program • Describe the impact of the proposed program and what success would look like in a defined time period (3yrs, 5yrs, etc.) • Include needs assessment: how much will the program cost and what are the component parts.
Fundraising Process • Assess institutional readiness and secure approvals for fundraising to support proposed program (1-3 months) • Develop gift opportunities and the case for support (1 month) • Identify donor(s) with interest in outlined area of support (1 month) • Create donor strategy for cultivation/solicitation (total timeline: 3 months to several years depending on size and complexity of gift) • Gauge senior level of involvement necessary (will the Dean or a faculty member need to be involved in the cultivation process) • Have initial donor conversation to test level of interest in gift opportunity • Have follow up meeting(s) with donor to further discuss the idea • Present formal gift proposal • Hold follow-up conversation(s) to answer questions/negotiate on terms • Secure signed commitment with terms of gift • Provide on-going stewardship of gift through regular reporting on gift sponsored activities, campus visits and other engagement with the institution. (minimally, annually)