Resource Development Committee
Charge of the ACOI Resource Development Committee
Purpose
The Resource Development Committee provides strategic guidance and leadership to strengthen and diversify the organization’s financial resources and external partnerships. The committee works with the Board and staff to identify opportunities for corporate engagement, sponsorships, grants, foundation funding, and individual giving that advance the mission and strategic priorities of the organization. The committee serves as ambassadors for the organization, helping to cultivate relationships, expand networks, and foster a culture of philanthropy and partnership.
Responsibilities
The Resource Development Committee shall:
- Provide strategic oversight and recommendations for the organization’s resource development and revenue diversification efforts.
- Assist in identifying, cultivating, and strengthening relationships with corporations, foundations, grantmaking organizations, sponsors, donors, and other potential supporters.
- Support the development and implementation of fundraising, sponsorship, grant, and partnership strategies aligned with organizational priorities.
- Advise on opportunities for new revenue streams, strategic partnerships, and mission-aligned collaborations.
- Help expand the organization’s network by making introductions and facilitating connections with prospective funders, partners, and supporters.
- Promote and support individual giving initiatives, donor engagement efforts, and philanthropic campaigns.
- Provide input on sponsorship programs, corporate engagement opportunities, and foundation outreach strategies.
- Assist in communicating the organization’s impact, value proposition, and funding priorities to prospective supporters.
- Monitor trends and opportunities in philanthropy, grants, sponsorships, and nonprofit resource development and provide recommendations to the Board.
- Support stewardship and recognition activities that strengthen long-term relationships with donors, sponsors, and partners.
- Foster a culture of philanthropy, partnership, and shared responsibility for organizational sustainability among Board members, volunteers, and stakeholders.
- Evaluate progress toward resource development goals and recommend adjustments to strategies and priorities as needed.
Terms of Service
The Resource Development Committee consists of up to five members. Each member serves a two-year term. The members of the Committee are selected by the President with the advice and consent of the Board of Directors. The Chair of the Committee is selected annually by the President.
Accountability
The Committee reports to the Board of Directors at each meeting of the Board.
Responsible Staff Person
The Senior Director of Business Development serves as the Secretary of the Committee. Other staff may be designated by the CEO to assist the Committee in its work.
Self-Evaluation Plan
The Committee evaluates its performance annually. The evaluation addresses the ways in which the Committee has addressed the responsibilities listed above.