Planning and Funding One Billion Dollar Capital Campaigns
This report examines the motivation behind Canadian research institutions’ capital campaigns of one billion dollars or more. It considers how administrators plan for the campaigns and determine the dollar goal, staffing additions, and campaign timeline. It also explores possible funding sources for a capital campaign, detailing their benefits and drawbacks.
Key observations from our research:
1. Leadership in the office of advancement at all profiled institutions except Institution D funds capital campaigns through the operational institutional budget (i.e., base funding).
2. Given the competing needs of university units seeking base funding, advancement staff consider alternative sources of funding to help finance capital campaigns.
3. All development, advancement, or alumni relations offices at contact institutions have added staff to support capital campaigns of one billion dollars or more.
4. Typically, advancement offices retain additional staff members hired for a capital campaign after the campaign concludes.
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