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Capital Campaign Case Study | Freed-Hardeman University

Background

Freed-Hardeman University (FHU) entered the “FHU NEXT” campaign planning process with a clear need for campus improvements—but an initial goal that significantly underestimated the fundraising potential of its donor base.

With record enrollment of 2,349 students, an 87% retention rate, and a deeply connected community—79% of students are affiliated with the Church of Christ—FHU had a strong foundation for donor loyalty and long-term support.

The challenge wasn’t simply determining how much FHU needed. It was determining what donors were capable of making possible.

An initial estimate placed the campaign’s need in the eight-figure range. But a feasibility study and further donor research revealed something much bigger: FHU’s donor community had the capacity to support a significantly more ambitious vision.

Vision

FHU’s opportunity was bigger than raising money for buildings and campus improvements. The campaign needed to connect donors directly to the students and experiences their generosity would impact.

That meant shifting the fundraising conversation from:
“Here’s what the university needs. Will you give?” to “Here’s what our students need. What could you make possible?”

With a clearer understanding of donor capacity and a more compelling case for impact, FHU could confidently pursue a vision far beyond its original eight-figure estimate.

The Plan

Before launching a campaign, FHU invested in understanding both its fundraising infrastructure and its donor potential.

The engagement began with a development audit, which made recommendations for adjustments throughout the fundraising program. Further discussions led to the understanding to focus on the needs of students and the impact donors could have. The strategy was reframed around the donor experience, including more emphasis on more personalized, intentional relationships with FHU’s most important supporters.

FHU then conducted a feasibility study. While the study validated the original monetary goal, it was also the first step in understanding there was significantly greater capacity among the university’s donors.

That finding majorly changed the trajectory of the campaign.

Pre-Campaign Planning

The pre-campaign work established two critical foundations:

1. Refine the fundraising fundamentals. The development audit recommended strengthening donor communications and moving away from institution-centered appeals.
2. Understand what donors could truly make possible.

The feasibility study and further discussions led to the understanding that FHU could challenge its donors at a higher level than originally anticipated.

That insight changed the strategy from simply funding a list of needs, to building a campaign around what was actually possible.

One early example illustrated the difference. A major donor was challenged with an ask significantly larger than the original estimate that they expressed they could give. The larger ask wasn’t arbitrary; it was based on a deeper understanding of the donor’s capacity and the opportunity in front of the university.

Ultimately, the strategy worked.

The Campaign

Based on the feedback from the initial discovery, FHU publicly launched its campaign in Fall 2020 with a goal significantly higher than its original estimate. Over 50% higher.

But the campaign didn’t stop there.

Rather than rushing into a broad public campaign, FHU has remained focused on the major gift phase for five years, concentrating resources on its highest-potential donors and continuing to identify opportunities to expand the vision.

The campaign has secured over 35 gifts of seven figures or more without launching a public alumni or friends’ campaign.

Two strategies have been particularly important to that continued growth:
1. Strategic Donor Management: FHU uses personalized engagement to understand its most important donors, build relationships, and present opportunities that align with their interests and capacity.
2. Donor Referrals: Existing donors have become a source of new prospects, referring friends and connections who may have an interest in supporting FHU. Several of these referrals have resulted in significant first-time gifts.

FHU has also deployed three regional representatives, who focus on annual fund growth while identifying and cultivating potential major gift prospects.

The campaign has evolved as new opportunities emerged, allowing FHU to continue expanding its vision rather than treating the original campaign goal as a ceiling.

Outcomes

What began as a list of needs has grown into a campaign that has raised 354% of its original estimate as of September 2026—with an even larger new target being set to account for additional projects and rising costs.

The result is more than a larger campaign total. FHU has demonstrated what can happen when an organization understands its donor capacity, challenges donors appropriately, and builds fundraising around relationships rather than transactions.

The campaign is now approaching a target nearly four times the original projection.

Testimonial

“What we discovered was that our donors had the capacity to help us accomplish so much more. The strategy challenged us to think bigger, ask differently, and focus on what our students needed—not simply what the university wanted to build.”
Dave Clouse, Senior Vice President of Freed-Hardeman University

Pathways:

No doubt you’ve heard it said that successful major gift fund development is “all about relationships”. We couldn’t agree more. At the same time, however, it just isn’t that simple. Real success in major gift fundraising is about strategically managing relationships with high-value donors in order to maximize their understanding of, interest in, involvement with, and commitment to your organization and its underlying mission. Even the word “relationships” is ambiguous. Major donors don’t have “relationships” with organizations. They have relationships with people in the organization. Too many put too much emphasis on the relationship with the development officer and overlook the importance of others. Relationships between your organization and its major donors actually have multiple dimensions, each increasingly important as you advance to higher tiers of giving.


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Presentation:

The case statement, also known as the “case for support,” provides a glimpse into the heart of a non-profit organization and is a vital part of any major gift fundraising effort. With over twenty years experience working with major donors we know what they are looking for in an offer. We will work with you to craft a compelling and professional case for support and guide you through the development of additional collateral materials needed to effectively present your case. We will also spend time in the field with your team to help them hone their presentation skills and train them in the “Art of the Close”.


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People:

Of all the building blocks needed to create a major gift program, none is more important than the people you have in place on your major gift leadership team. Having the right people in the right roles is a critical part of the Keystone Solution™ and we will work with you to ensure that your staff and volunteers are well-trained and appropriately gifted for their roles. If necessary, we will work with you to recruit additional members to your major gift leadership team.


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Prospects:

Any good fisherman knows that you can’t catch a big fish if you’ve got your line in the wrong pond. The future success of any major gift fund-raising program is built upon the organization’s ability to attract new donors to support its mission. To ensure on-going growth, a wide base of dynamic support is necessary, which presumes that a significant number of new major donors must be acquired and subsequently nurtured and elevated to rising giving levels. Using both “high-tech” and “high-touch” approaches we will work with your organization to identify a pool of best major gift prospects for your major gift program and to segment them into prioritized lists. As part of our prospecting services, we are also able to provide Donor Research Services to help you realize the major gift potential in your donor database and circles of influence.


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Practices:

Successful major gift fundraising is both an art and a science. The art is in the relationships, but the science is in the systems. Someone once said, “Motivation is what gets you started; good habits are what keep you going.” Putting good major gift development policies and procedures in place and getting into the habit of living by them is a critical part of making a program sustainable. Dickerson, Bakker & Associates will work with your organization to implement best practices within your major gift development department to ensure that the improvements we put in place will continue not just beyond our term of service but can be consistently applied even if you have a turnover of staff.


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Brand:

An organization’s brand is perhaps its most important asset. Most people think of brand superficially—considering only those aspects encompassing the “look and feel” of an organization (e.g. name, logo, etc.). Those brand marks are just outward expressions of your brand, however. At a deeper level, BRAND represents a promise to your constituents of those quintessential qualities that define who you are, what you do, and what you stand for as an organization. Doubt about the integrity of an organization’s brand promise almost always has a detrimental effect on giving, regardless of the effectiveness or competency of the fund development staff. Establishing and adhering to a clear focused brand is foundational in your ability to communicate who you are, what you do, where you are going, and how you will get there.


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Culture:

CULTURE refers to the collective attitudes that characterize and impact the ways that an organization’s people will perceive one another and work together. A “development-friendly” culture provides a fertile soil for giving to flourish. Dickerson, Bakker & Associates has identified six ingredients that together comprise a vibrant, development-friendly culture, and—if consistently applied—will significantly improve your organization’s ability to consistently garner high-level investments from major donors.


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Quality:

While mainstream donors may be satisfied with a simple understanding of what an organization does, major donors are more interested in what an organization achieves, or—more specifically—will achieve with the money they invest. Major donors want to know how their investment is helping bring about positive change in the lives of people. Major donors increasingly condition giving upon delivery of impact metrics, often requesting information on outcomes even before investing. Organizations that are serious about achieving success in major gift development will therefore do best when they embrace a culture that supports and encourages outcomes thinking.


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