A fundraising goal sounds simple on paper but is the main pillar for much of your advancement and giving-related goals. Learn how to set one that fits your team.
Hari Govind
Published:
April 22, 2026
Updated:
Summary
• Make your fundraising campaigns much more compelling by tying them to a specific, visible purpose, like funding scholarships or building a new facility. Alumni are far more likely to contribute when they can clearly see the impact of their gift.
• Look beyond just the money and set goals for things like increasing alumni participation, improving donor retention, and boosting engagement. These metrics are crucial for building long-term relationships and a vibrant community.
• Get everyone on the same page by using a "top-down, bottom-up" approach to goal setting. This means leadership's vision and your team's realistic data-backed estimates meet in the middle, creating achievable yet ambitious targets.
• Don't wait until the last minute for promotion; integrate it early and consistently across your website, email, social media, and by leveraging peer power. Strong, early outreach significantly boosts visibility and encourages more alumni to participate.
• Always ground your fundraising goals in real data from past campaigns, reviewing financial outcomes, engagement rates, and what causes resonated most. This helps you set realistic yet motivating targets that your team can actually hit.
• Focus on building a sustainable donor base by actively working to acquire new donors and setting up structured recurring giving programs. These initiatives reduce reliance on one-time gifts and create a more predictable flow of support.
Fundraising success doesn’t solely depend on your donors. Setting a fundraising goal can help advancement teams target alumni better, make the best use of available resources, and provide much needed structure while raising money.
With giving making up around 10% of an institution’s educational and general expenditures, a reliable, scalable strategy ensures you’re getting the most out of your campaigns.
This guide explores goal-setting and strategies on how to promote a fundraiser, with valuable fundraising tips thrown in.
It is possible to set nuanced goals based on data using various tools. That being said, you should choose the right areas of focus and aim for ambitious, yet realistic numbers. Here’s how you approach setting an effective fundraising goal:
It’s so much easier for alumni to donate when they relate to a particular cause, as opposed to participating in generic campaigns with no visibility into where the money goes.
Your campaign can be tied to a variety of initiatives associated with infrastructure, scholarships, research programs, sports development, fostering communities, or even charity activities.
For example:
Study both financial and engagement data from campaigns across the previous couple of years. This helps you set realistic expectations, while identifying areas for improvement.
There’s a lot of engagement metrics that cater to measuring different outcomes, but in a fundraising context, you should ideally focus on:
While reviewing financials, make sure to include the following:
More often than not, there’s a disparity between the expectations of advancement teams and the leadership. This approach helps bridge that gap, making sure everyone is aligned on the goals.
Leadership sets a goal based on the needs of the institution, while working teams also do the same from the ground up after reviewing prospect and pipeline data. The final figure is a compromise between the two.
Example: Your institution needs $200,000 in order to finance a new sports facility, and that is leadership’s goal. The fundraising team reviews previous data and arrives at $150,000 as a more realistic goal. After negotiating with each other, the final target is decided to be $178,000.
While it’s great to have a practical number backed by data, stretch goals can encourage teams to connect with more prospects and provide a quality experience. They can also be tied to new initiatives that haven’t been tested before – say, hosting a fundraising marathon for the first time.
Stretch goals can incentivize experimentation with purpose. You can try different types of events and see what works best for you, without being overly reliant on them.
You’ll want to monitor both activity and numbers, so set the key performance indicators accordingly. Breaking down the overall goal into multiple smaller goals for the teams involved and the different alumni segments participating makes it easier to track progress and achieve the final figure.
KPIs can change according to an institution’s working structure and needs, but including the following essentials would be helpful:
It can be easy to let qualitative metrics slip by and focus purely on financial goals. But a successful fundraising event doesn’t just rake in donations, it manages to retain previous donors, bring in new ones, and recover lost donors.
Have goals centered around participation rate, event engagement, geographic diversity, donor motivations, retention, and communication styles.
These may not be straightforward, but are very much influential in ensuring active and prolonged fundraising contributions.
The examples outlined below have one thing in common – they all fit into the SMART framework:
This framework ensures relevancy, and can help with prioritizing important goals.
Major gifts typically constitute the majority of the money received during a fundraising campaign. Decide on the number of major donors and the money you aim to raise from them.
This goal works well as it encourages interaction with donors who directly influence campaign success.
Pointers and tips:
Donors aren’t going to continue contributing without good reason. One-time contributions are nice, but it’s always easier to retain donors than acquiring new ones. Recurring donors are a steady, reliable source of gifts over a longer period of time.
This goal makes sure the emphasis isn’t purely on first-timers but also on developing and maintaining relationships with existing donors.
Pointers and tips:
It’s not the only metric that matters, but total financial contributions is the most influential factor in determining campaign success. An overall fundraising goal is a must for every campaign.
If you’re raising for multiple causes, have sub-goals for each one. This will help you divide effort and resources based on what is being expected.
Pointers and tips:
While large donations are valuable, widespread participation signals a strong, engaged community. This goal focuses on increasing the number of alumni who contribute, regardless of gift size.
A high participation rate signals good outreach and promotion, and a lack of the same can help you tweak marketing and communications for better engagement in upcoming campaigns.
Pointers and tips:
Loyal donors and recurring donations ensure stability, but a steady influx of new donors in every fundraising campaign is necessary for it to be sustainable. Expanding your donor base not only reduces over-reliance on existing contributors but also builds a pipeline for long-term giving.
This goal is all about converting non-donors (younger alumni and recent graduates, typically) into first time contributors.
Pointers and tips:
Corporate sponsorships are a steady, reliable source of revenue. Additionally, they increase visibility and awareness significantly, rallying more donors to your cause.
You should be hunting for sponsorship opportunities throughout the year, but this goal helps you evaluate the good ones that align with not only financial goals, but also institutional values.
Pointers and tips:
Digital channels make it easier to reach donors without the constraints of location, logistics, or event timelines. This goal focuses on driving a defined portion of your total funds through online platforms like your website, email campaigns, and social media.
It helps you build a repeatable system for fundraising instead of relying heavily on one-off events or offline efforts.
Pointers and tips:
Fundraising doesn’t start with an ask. It starts with consistent communication and visibility. This goal focuses on how often and how well you engage with your donors outside of active campaigns.
It ensures that your organization stays top of mind, making future fundraising efforts more effective.
Pointers and tips:
Instead of focusing broadly on repeat donations, this goal is about building and growing a structured recurring giving program. That means getting donors to opt into a system, not just give again occasionally.
A well-defined program gives you better visibility into future income and reduces the uncertainty that comes with one-time campaigns.
Pointers and tips:
A good promotion campaign utilizes multiple channels, personalized messaging, and consistent touchpoints over a period of time anywhere between a few weeks to a couple of months.
Here, we explore strategies that can boost campaign visibility and engagement, and show you how to fundraise more effectively across channels.
A simple, descriptive title is the best way to get the core message of your campaign across. It should also indicate what cause you’re raising money for. A good title is concise, straightforward, and memorable. A few good examples are ‘Break the barrier - make education affordable’ (if you’re raising money for a scholarship), ‘Help us launch a library’ (if you’re, well, launching a library).
The campaign message should highlight your cause and should be easy to sympathize with. What you’re raising money for, how donations will help, and how you’re planning to use the money – including all of these makes it easier for the donors to understand your need and support the institution.
Add a personal touch if possible, and use an honest, warm tone throughout.
Use your institution’s website to highlight upcoming fundraising events. Creating a separate landing page is a great way to share details. Include the campaign title, message, and even your targets to give donors a goal to work with.
Make registration easy. A simple workflow gathering only the necessary details is enough. A long registration process drives prospects away more often than not. Integrate digital giving by setting up suggested donations, and include a custom option that can be used.
For large-scale outreach, email marketing remains one of the best tools. You’ll be using it for three things – sharing upcoming events, sending ticket/donation links, and sharing reminders for the event. Emails are also used for stewardship programs post-event.
Create segmented campaigns based on graduation year, program, giving patterns, or geography, and personalize messaging accordingly. Generic emails feel low-effort and make it harder to relate to your cause.
Plan outreach and sequencing at least a few weeks prior. Reminders/follow-ups should be spaced out and shouldn’t feel spammy.
Social media is a more creative channel, and is great for drawing attention to various issues and causes, including yours. Use multiple formats like slideshows, videos, text, and pictures to spread awareness, celebrate previous contributions, and the progress being made.
Engage your donors through polls, contests (a 24-hour giving challenge, for example), quizzes, etc. Start a countdown before the event to create a sense of urgency.
Share updates constantly during the fundraising event period to gain more contributions.
Fundraising is built on trust. Include alumni ambassadors, well-known volunteers, and department heads in your promotion strategy. Encourage them to post on socials and connect with alumni. Familiarity helps – prospects are more likely to engage with someone they know.
Organize friendly contests between departments, batches, or programs to add a bit of fun while furthering a cause.
Even with the right intent, teams often fall into patterns that limit the effectiveness of their fundraising efforts. Being aware of these pitfalls can help you build a more practical and scalable strategy.
It’s tempting to aim high without grounding targets in historical data or current capacity. Goals that aren’t backed by past performance, donor insights, or pipeline strength often lead to missed expectations and disengaged teams.
A strong goal should feel ambitious, but still achievable with the resources and audience you currently have.
Focusing too much on major donors or, conversely, only on small contributions can create imbalance. If one segment underperforms, the entire campaign suffers.
Diversifying your donor base – major donors, recurring contributors, and first-time givers – creates a more dependable strategy.
Fundraising success isn’t just about the total amount raised. Teams that overlook participation, engagement, and retention miss out on long-term growth opportunities.
Campaigns that bring in new donors, re-engage inactive ones, and strengthen relationships often provide more value over time than a one-time spike in donations.
When leadership sets aggressive targets without input from fundraising teams, execution suffers. Misalignment leads to unrealistic expectations, poor planning, and inconsistent messaging.
Using structured approaches like the top-down, bottom-up framework ensures that goals are both visionary and practical.
Even well-planned campaigns can underperform if promotion isn’t given enough attention. Waiting until the last minute to start outreach limits visibility and reduces participation.
Promotion should run parallel to planning, with consistent messaging across email, social media, and peer networks.
Some teams stick rigidly to their original plan, even when early indicators suggest something isn’t working. Whether it’s low engagement, poor email performance, or weak event turnout, ignoring these signals can impact contributions.
Regular check-ins and flexibility allow you to refine messaging, reallocate resources, and improve outcomes when things aren’t going great.
Setting fundraising goals, crafting strategies, and executing them smoothly involves a multitude of tasks whether that’s scraping data, coordinating outreach campaigns, designing giving pages just to name a few.
Handling these workflows using too many tools and teams often leads to a gap in communication or misalignment.
Almabase’s giving platform integrates all the necessary workflows inside a single module, bringing much-needed structure to fundraising chaos:
Looking to get more out of your campaigns? See how Almabase can help you achieve your fundraising goals here.
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Hari Govind
Running a Giving Day can feel like juggling a dozen things at once. There’s planning, promotion, tech, student engagement, internal buy-in, and of course, raising money. All of it leads up to 24 or 48 hours of high-energy impact.
But when done right, it’s about more than just the dollars. A great Giving Day builds momentum, sparks school spirit, and turns passive supporters into passionate advocates.
In this panel discussion, we heard from three of our partner institutions: the University of North Carolina School of the Arts (UNCSA), Minnesota State University Moorhead (MSUM), and Southern Illinois University Edwardsville (SIUE).
Whether you're a one-person team or part of a larger shop, there's something in here for everyone.
Here’s what we learned:
The University of North Carolina School of the Arts is small and mighty, and its Giving Day strategy proves it. With just 1,300 students, they shifted from a "one day, one fund" approach to a fully donor-centric model offering more than 40 giving areas.
• $166K raised before the Giving Day began via match challenges
• 100% participation from campus leadership and boards
• A shift from a single fund to 40+ donor-choice funds led to a massive jump in support
• Pickle Socks: Designed by students. Unlocked with a $100 gift. Voted on via Instagram. Now a beloved campus tradition.
• Pickle Prowl: Giant stuffed pickles hidden around campus with clues. Winners directed $500 challenge funds to areas they cared about.
“We had students during the day calling their parents. Say you've got to make a gift to this fund because I've got to have a pair of these socks.” – Shannon Wright, UNCSA
➡️ View UNCSA’s Giving Day page
Minnesota State University Moorhead focused not just on campaigns, but culture. With 65,000 alumni and a Giving Day history that had some ups and downs, they honed in on three big ideas:
• $40,000 in repeat gifts from automated thank-you videos
• Faculty-crafted emails brought in personal stories and donations
• Real-time check presentations every 30 minutes on Facebook Live
• Automated thank-you videos were recorded by deans, coaches, or students and sent within hours of a gift
• They even partnered with a local radio station to broadcast Giving Day stories and updates live over lunch
• Students wrote thank-you cards in exchange for bonus dollars toward their favorite fund
We can publicize things on Facebook and on all the different social channels and we can do all the TikToks and all the radio stuff, but it's the one-on-one ask… that’s really the big piece. – Steve Sjoberg, MSUM
Southern Illinois University Edwardsville didn’t just beat their goal — they crushed it. Their “One Day, One SIUE” campaign brought in $2.87M, including major gifts and first-time donors.
• Over 1,000 new donors and 7 new scholarship endowments
• 22 student orgs raised $11,000 in just 2 weeks
• Major gifts were locked in early, creating match momentum
• Branded theme: They partnered with a major donor from Worldwide Technology Raceway and built the day around a race theme — complete with an IndyCar on campus and themed giveaways
• Student org fundraising: Groups competed for $250 bonuses and recognition at check presentations during the big quad event
• Smooth backend: Almabase helped eliminate split gift issues and synced seamlessly with Blackbaud NXT, cutting processing time from 3–4 weeks to just 3 days
The best way we thought we could get students involved was by letting them take action themselves. Once they had ownership, everything changed — they raised over $11,000 in just two weeks.” – Brandon Sweeney, SIUE
Each of these institutions proved there’s no one-size-fits-all formula for Giving Day success. From pickle socks to race cars, from handwritten thank-you notes to automated stewardship workflows — what matters most is building a campaign that feels authentic to your community.
Curious to hear the full conversation? 🎥 Watch the complete panel discussion here and get inspired by the strategies, stories, and small tweaks that made a big difference.
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What Makes a Great Giving Day? Lessons from Three Institutions That Crushed Their Goals
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We’ve talked in length about some good events and the event management or fundraising tools that can make them succeed consistently. This time, we’re taking a step back and at the basics of fundraising event planning.
In this blog, we’re going through the essentials to turn your fundraising ideas into successful events that don’t just reach your targets but create powerful memories to strengthen your cause. Let’s get started.
As with every advancement initiative, the goals are where everything starts and leads back to. We’ve talked about the importance of Smart, Measurable, Attainable, Relevant, and Time-based (SMART) goals in a past blog. While creating the goals that will define your fundraising event, keep the following questions your attendees would have in mind:
Apart from these questions, your available staff time, target audience, budget, and other upcoming institution events will play a big part in shaping your scope for your event. Take your time with this step as the right goals are the foundation of a successful event.
Depending on your audience, budget, and goals, you may choose from a variety of fundraiser ideas, such as:
No two events are truly alike, and depending on the success of your fundraiser, a bold new approach might just be your next hallmark annual event.
As you’re not just planning any event, how you want to introduce fundraising to your event is going to be very important. Remember, a fundraising event can have multiple revenue streams. For example:
Nowadays, institutions usually look to include diverse fundraising methods in their fundraisers. This is also where pairing the right event with the right fundraising method can greatly impact your raised amount.
Now that you know what type of event you want as well as how you’re going to raise funds during it, it’s time to put the right tools to work. Pretty much every modern institution uses a fundraising platform to streamline their events and fundraisers. These tools help you:
and much more.
Platforms like Almabase help streamline these logistical elements, allowing you more time and energy to focus on fostering genuine connections with your donors.
Now that the building blocks are coming into place, it’s time to decide on arguably the most important part of an event, the people. You’ll want to form a committee of people to take on and help with specific parts of the event including but not limited to:
Apart from the above, you’ll want to think about corporations, non-profits, and associations that may want to play a pivotal role in helping you bring your event to life.
Now that all the bits and bobs are there, it’s time to lock in a specific place and time. It seems fairly basic but keep in mind that:
You’ve got all the info ready to go. But it doesn’t mean anything if it doesn’t reach the right audience. And even if it does, what type of messaging should they receive and when should they receive it so that they truly feel like attending or giving? That’s where your event marketing comes into play. You’ll want to make use of channels such as:
and much much more to get your event and your cause heard. Make sure that your marketing emphasizes how your fundraiser can help your cause of choice.
Even the most tight-knit plans have a chance of going wrong. A 10-minute delay caused by faulty audio equipment might just be that small little factor that disinterests a potential first time donor.
These are good things to keep in mind but ultimately, your contingencies may have to be just as unique as your event.
Nowadays, the event doesn’t truly end when the last guest leaves. Following up with attendees is crucial to maintaining their engagement and potentially turning them into loyal supporters. Post-event action items include:
Gratitude and proactive follow-ups go a long way in building long-term relationships with your supporters.
The ultimate measure of a successful fundraising event isn’t just the dollar amount raised but also the connections made and how deep those connections go over time. To turn your attendees into loyal supporters, you’ll want to consider some steps such as:
By nurturing these relationships, you're creating a network of passionate supporters who are more likely to advocate for your cause and contribute to future initiatives.
Fundraising events have certainly not gotten any easier to plan and host in the past few years. Donors and alumni in general simply expect more, and you can’t just rely on your long-time donors alone. However, we hope that this guide, despite just scratching the surface, was able to give you some ideas for your next fundraising event.
If you’re looking for a partner to help you manage events, engage alumni, and raise funds, do give us a shout and we’ll happily walk you through how we can help with your own personalized demo! ⤵️
How to Plan a Fundraising Event to Maximize Donations
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With year-end giving season over and the chaos of the new semester settling down, the early months of the new year are the perfect time to revisit your university’s fundraising strategy and hone in on ways to raise more this year.
A great place to start is by analyzing how you’re currently using your database for fundraising. Your university’s constituent relationship management (CRM) system is a powerful tool for fundraising, so if you’re not leveraging it effectively, you’re missing out on valuable opportunities to build lasting donor relationships. In this article, we’ll discuss four ways you can leverage your database to improve this year’s fundraising results.
Before we dive in, make sure you’re up to speed on the latest data hygiene best practices. Keeping your constituent data clean and up-to-date is crucial for gaining the accurate insights you need to get results. Now, let’s explore what your database can do for you.
According to Redpath Consulting Group, one of the biggest benefits of using a comprehensive CRM for your university is that it houses all of your data in one place, showing you the full picture of each student, alumnus, and donor. This holistic view of donors helps you:
When you use the information in your database to get a better understanding of each donor, you’ll be better equipped to reach out to them in ways that resonate with their interests. For instance, one recent graduate’s profile in your database could provide you with the following information:
Knowing that Olivia was a frequent volunteer with an art history degree might prompt you to invite her to a volunteering event or ask her to donate to the art department’s scholarship fund.
All of this information helps you better understand donors’ interests and preferences, which you can use to build stronger relationships and more successfully solicit donations.
Once you have a holistic picture of your donors, you can greatly increase the personalization of your communications. Donors and alumni are much more likely to engage with messages tailored to their unique interests. Plus, when donors feel like you understand and appreciate them as individuals, they’re more likely to value your university’s community and continue giving long-term.
To boost personalization, create a variety of highly specific donor segments within your database. For example, you might create segments like:
Then, send personalized emails, mailers, and appeals that align with each segment’s interests. You might ask the group of alumni in the tech industry to give to your capital campaign funding a new computer science department building, while you promote an upcoming fundraising auction to the segment of alumni who frequently attend events.
Beyond segments of donors, your database can also help you personalize outreach to individual donors. Pull data from your CRM like past donation amounts, graduation years, and specific campaigns they supported, and mention them in your appeals for an added personal touch.
Whether you leverage features within your CRM or invest in an integrated marketing automation tool, automation can make a major difference in your fundraising team’s efficiency and success. By automatically updating your database, auto-filling emails with personal details, and triggering email streams based on certain criteria, these features cut down on manual tasks and improve the accuracy of your data.
For instance, say you want to create a process to engage first-time donors. If your CRM integrates with your university’s online donation platform, new donors will be automatically added to your database. When they are, you could leverage marketing automation to trigger a series of personalized welcome emails. This might look like:
Automated email series like this one will help you foster relationships with donors from the moment they decide to give to your university—all without lifting a finger.
Finally, your database’s reporting features can help you identify successes and challenges and improve your fundraising with data. In particular, monitoring the following metrics can help you understand how successful and cost-effective your fundraising strategies are:
With this information, you can investigate further to determine the cause of any major dips or increases and use your findings to adjust your fundraising strategies accordingly. For example, if you discover that a significant number of donors lapsed during an economic downturn, you might adjust your appeals to ask for smaller donations and emphasize the effects of the economy on students’ abilities to attend their dream school.
If you need help formulating strategies based on your fundraising data, consider partnering with a higher ed technology consultant. These experts can help you leverage your CRM more effectively and even customize it to fit your university’s unique needs. With the right tools and strategies in your toolbox, you’ll be able to boost your fundraising results in no time.
Caitlin leads the brand, creative and overall go-to-market strategy for Redpath. Offering over 10 years of experience in omni-channel and B2B marketing, she has a history of successfully implementing marketing plans and leveraging campaign analytics to drive revenue. She has a passion in communications and is skilled in empowering cross-functional teams to promote positive company culture and attain collective goals.
Caitlin has a Bachelors in Sociology from the University of Wisconsin-Madison and a Masters of Business Administration from the University of St. Thomas. When Caitlin is not at work, you can find her reading a good book, sipping on some chai tea, or enjoying activities with her family such as going on walks, boating, and traveling.
Using Your Database to Boost University Fundraising Results
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