Nonprofit Investment Management Blog

Michael Richmond

Michael Richmond
Higher education advancement professional with nearly 30 years of success in strategic donor relationship building and development operations. Currently Director of Annual Giving, Health Systems at Tulane University.

Recent Posts

How Will My Capital Campaign Impact My Annual Fund?

Posted by Michael Richmond on Mar 5, 2026 8:00:00 AM

Capital campaigns are an opportunity to scale your nonprofit, whether you’re raising funds to launch a new program, open a new location, construct a building, or complete another major project. However, growing too fast can threaten your stability. For fundraising professionals, this often manifests in fears that focus on a capital campaign will divert donations away from their annual fund.

Fortunately, nonprofits can maintain or even grow their annual funds while hosting a capital campaign. Doing so requires the right strategies, technology, and potentially even professional consulting services.

In this guide, we’ll explain how a capital campaign can impact your annual fund, and what your nonprofit can do to ensure that impact is positive.

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Topics: Fundraising & Donor Retention

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