Grand Rapids Symphony campaign halfway to goal with new pledge
May 16, 2013
When schools, foundations or other organizations announce they're launching a fundraising campaign, they often do so to drum up public support. They tend to make the overall goal public so that people can help them reach it.
According to MLive, executives from the Grand Rapids Symphony recently announced the creation of the Legacy of Excellence Campaign to garner $40 million in support. This action came after the organization received a $20 million pledge from philanthropists Richard and Helen DeVos, automatically putting them at the halfway point.
The news source said that this was soon followed by an additional $12 million in pledges from a variety of other individuals. The funds will go toward the overall financial well-being of the group in the future.
"Symphony friends have responded enthusiastically to this campaign and committed $32 million to help secure the orchestra's future," co-chair of the campaign Dottie Johnson told MLive. "We hope these commitments will inspire the significant participation of many others to help maintain the symphony's quality programming and artistic collaborations."
The DeVos family has long been involved in the Grand Rapids, Mich., area. According to the Grand Rapids Institute for Information Democracy, between 2009 and 2011, the Richard & Helen DeVos Foundation gave to more than 100 groups, mostly in the religious, academic and political spheres.
Organizations that are looking to raise funds through grant opportunities or local campaigns can use nonprofit financial management solutions to improve their chances of success. The software can help program leaders identify potential donors and send out applications with accurate accounting information.