Saturday, January 12, 2013

Seeking Va Home Loan With Bad Credit: The Major Considerations

Veterans are not immune to financial difficulties. In fact, they face arguably more difficult challenges than we do since they must first adjust to life outside the military, establishing a new career etc. So, when it comes to seeking a mortgage, the challenge can be very big. Thankfully, the ability to secure VA home loans with bad credit offers a solution.

The Department of Veteran Affairs (VA) was established to help military veterans returning from conflict to return to civilian life, and finance is a major part of their efforts. With their support, veterans have a far better chance of getting approval, despite bad credit scores, and to ultimately buy the home they want.

What is more, because of the terms available, they are much more affordable than their civilian equivalent. Remember, the VA does not issue mortgages, only underwrites them. Nevertheless, a VA home loan still offers veterans and their families highly attractive options.

Qualifying for a VA Mortgage

It is no surprise that those seeking to secure a VA home loan with bad credit need to be former members of one of the branches of the military - either the US Army, Marines, Navy or Air Force, or the Home Guard, Reserves or Coast Guard. But there is more to it than that.

Applicants also need to have at least a respectable credit history. For example, prior to the date of the application, they cannot have defaulted on a loan for 12 months, or have been declared bankrupt for at least 24 months. To secure approval despite bad credit, the veteran needs to convince the lender, but the lenders is not the VA.

There are special circumstances considered too, with bankruptcy that was brought on by circumstances beyond the control of the applicant not viewed as seriously as bankruptcy caused by poor money management. A debt settlement does not affect the chances of getting a VA home loan.

Credit Scores Are Limited

Of course, there are ways to greatly improve the likelihood of securing a VA home loan with bad credit, with increasing the credit score one of the most effective. Taking out some smaller personal loans, and repaying them in full very quickly, has a definite benefit to these scores. Each time a loan is cleared, regardless of the amount, it pushes the score upwards,

If a bankruptcy exists on a credit record, as soon as the discharge is received, notify the credit rating agencies so they can remove it from the record. They will then increase the score to reflect the removal of that debt. Remember that getting approval despite bad credit is easier with a higher score.

Also, opening two secured credit card accounts, each with just small balances is another way to vastly improve credit ratings. Of course, paying the balances immediately after they are used is essential. Then getting better terms on a VA home loan is possible.

Secured Credit Cards

As mentioned, secured credit cards can help in securing a VA home loan with bad credit. But it is worth noting that the terms available from a VA mortgage make approval despite bad credit much more probable.

VA home loans come with terms where 25% of the mortgage is guaranteed by the VA. Because just 75% of the mortgage is unsecured, the interest rates are lower, and the repayments are more affordable. So, even with a slightly improved credit score, the savings compared to a normal mortgage deal can be huge.

Tuesday, January 8, 2013

Online Van Finance:have A Look Of Your Own Van

Sometimes a van serves better purpose than other vehicles. But to purchase it, a person might not the required money with him. But with the introduction of online van finance, it has not only become easy but also fast to approve the fund within seconds. Online van finance has made it much easier to access to have a van.

The services of online van finance bisects into two forms: secured and unsecured. The secured form is approved against the use of collateral, and carries lots of benefits such as low rate of interest, long repayment terms and large amount of fund. Whereas, unsecured loan finance the applicants despite demanding collateral at a little high rate of interest. Online car finance allocates funds for a limited duration of time which stretches from 2-7 years.

Online van finance helps the applicants to meet numerous lenders with attractive loan terms and favourable conditions. It can be accessed by all credit score holders and can be borrowed to finance the van they are looking for. But before applying for online van finance, check out all the credit reports and the fund that you require. Online van finance is the best option for getting a loan at nominal rates. Moreover, the rate of interest depends upon various aspects which may include your credit status, loan amount and use of collateral.

Online application form of van finance may ask for some of your personal and credit details like age proof, residential proof and monthly income. Every details provided by the applicants are valued and given importance of secrecy. Online van finance is formatted keeping in mind the hectic schedule of the people.

Van finance online has proved that having a van is no more a dream for the people. Thus, you can also realize your dreams of owning a van if applied for online van finance.

Saturday, January 5, 2013

Capitalism, Past And Present

Discuss capitalism would not be complete when not discussing the ideas of Adam Smith, particularly his ideas contained in his famous book, An Inquiry Into the Nature and Causes of The Wealth of Nations. As has been explained by the quote above, Smith put the freedom, markets and individual interests as the basis for economic concept. Three key concepts that would in turn become the basis for capitalism. There are five basic principles of capitalism, namely:

1. Capitalism is the full recognition of the rights of individual property or an individual with no specific boundaries. Private property rights is the guarantee for the individual concerned to uphold freedom and independence. Individual freedom will become a reality when he justified his own to have a guaranteed without parties or other individuals sued.
2. Capitalism is a recognition of the right of individuals to conduct economic activities in order to enhance socio-economic status.
3. Capitalism implies recognition of a push or economic motivation in the form of the spirit to achieve maximum benefit (profite oriented).
4. Capitalism also includes the affirmation of freedom of competition with other individuals (freedom for competition).
5. Capitalism recognizes the legal validity of the free market economy or the market mechanism (Seda, 1996:272).

Fifth recognition is then a manifestation of the concept of Laissez-faire, Laissez-Passer which is the core of capitalism and liberalism. "Modern Industry never have evolved without any division of labor and capital accumulation both of which were based on self-interest" says Smith.

Before rolling into other problems, it helps if we first discuss the origin of the word capitalism itself.

The terms of capital or capital or Capitale (derived from the Latin: caput, which means it is the head) appears first in the 12th century and 13th century which meant funds, stocks, some money and interest on the loan. Ferdinad Braudel quotes a priest of St. sermon. Bernardino of Siena (1380-1444), "quamdam seminale quam rationem lucrosi cummuniter vocamus capitale" (that is the main cause of prosperity usually capital). These terms refer, more narrowly, the wealth of money a company or a dealer. Berger writes, nouns "capitalist" is probably began in the mid 17th century which refers to the owners of capital. Adams Smith, who had been regarded as the father of capitalism do not use this term, instead he used the term "system of natural liberty."

Warner Sombart was the first to recognize capitalism as a fundamental concept of a system of economic thought in his book, Der Moderne Capitalismus which was published 81 years ago (1921).

In the beginning introduction, the term of capitalism is not getting good response from social science experts, including Karl Marx himself was so excited and enthusiastic about offal dismantle capitalism. The term capitalism is even considered as an expression of a "lot of noise" that needs to removed from the vocabulary of social science experts. It's different with the current condition where the term capitalism has become a kind of "life style icon" for intellectuals. Everyone is talking about capitalism and link (sometimes visible force) with a variety of social phenomena when trying to explain the reality of what happened.

One important point in the discussion of capitalism is to figure out a fundamental characteristic of these systems, as already mentioned above, ie, maximizing individual gains through economic activities that are intended to help the public interest. The principle that applies in the laissez-faire capitalism is, that is a principle that prohibits external authority to intervene in economic affairs. The basis of this principle is thought, that if humans are given the freedom to pursue profit there will be competition with the stability of society will be maintained because there are invisible hands that govern them. Another principle of capitalism is production for profit is intended to increase the capital. With this logic of the capitalist are competing to produce goods as efficiently as possible so that capital can be accumulated and the foundation of the company is getting stronger.

In development since its inception, capitalism has several historical stages. Dillard dividing the stages into three.

The early stage of capitalism (1500-1750). Development of capitalism can not be separated from the development of clothing industry in England in medieval times that is, the wool industry. Wool industry was built on the rural-rural England. Determination of rural areas as a production center, according to Dillard, beneficial for the development of British capitalism because of conflict-avoiding social conflict as happened in Florence in the 14th century and 13th-century Flanders.

Dillard trace, during this "social surplus" obtained is not used to build pyramids and cathedrals but is used to build businesses shipping, warehousing, raw materials, finished goods and various other form of wealth. In addition three other things that support their development is, first, the religious support for their hard work and live frugally. This support comes primarily from Protestant Calvinism and the teachings of Martin Luther King. For teaching the material prosperity of medieval Catholicism is considered "something" dirty. St. Jerome said, "a rich man, if not necessarily the child thief thief". However, the development of trade in the late Middle Ages led to controversy and encourage efforts toward adjustment between theological doctrines with economic reality. In many regions of Europe, Venice, Florence, Augsburn and others, the capitalists violate the spirit and letter of prohibitions against manipulating the flowering of money. Protestant Reformation in the 16th and 17th centuries is also accompanied by economic changes that resulted in the development of capitalism in Holland and England.
Chronological and geographical correlation between this new religion with the growth in the economy to create the impression that Protestantism has a causal significance to the emergence of modern capitalism, although not in any sense the cause of capitalism, the first existing in a broad scope and growing, but ethics Protestants became strong stimulus for the economic order. Revision or interpretation of religious doctrine not only frees the capitalist practices of the sin of greed, but even membari divine support for the way life is.

Second, the effect of precious metal from the New World on the relative distribution of income on wages, profits and rent. Gold and silver from mines in Mexico, Peru and Bolivia to increase European precious metals stocks to seven-fold and increased the prices of up to two or three times in the years 1540-1640. The result is situated on rising prices, causing the landlords hit due sebandingnya not increase rents and increase the cost of living. For the landlords that aggressive, raise rents and apply the practices of capitalistic agriculture is the solution implemented. Inflation is giving birth profits for the capitalists, including traders, industrialists and other employers. In the end, these favorable conditions add to the savings and capital accumulation for them.

Third, the role in helping countries and directly to capital formation in multi-modal forms of capital. Dillard writes that the positive contributions and historical significance of mercantilism that era is the creation of necessary conditions for rapid economic change and cumulative in Western Europe.

Condition of Europe at that time was the same as the conditions of developing countries where the state started the 20th century, cumulative process of economic development. In addition the country also needed to create conditions which could give a proper atmosphere for the operation of such economic activities, providing protection from foreign attack, providing facilities that support transportation, communications and port installations, arrange a suitable legislation for capitalist progress, the creation of domestic markets and tax free other obstacles within the limits of state and others.

Classical capitalism (1750-1914). Start the 18th century there was a shift in the development of capitalism in which the domination of trade in economic activity is replaced by the industry. The domination of capital that had been dominated by trade in capital switched to industrial capital. This is caused by the industrial revolution in England. Adam Smith in An Inquiry Into the Nature and Causes of The Wealth of Nations it is the most influential factor in the development of classical capitalism.

After the French revolution and the wars, Napoleon swept the remnants of feudalism and mercantilism loosen, Smith's policy came into effect. Policies of laissez-faire, laissez Passer (free trade, market mechanisms, a balanced budget and strong financial using the gold standard) is run. In England this system looks at the removal of Corn Laws in 1864.

Applicability of liberalism in European countries is the successful efforts of the bourgeoisie venture capitalists raised to a position for a while very influential. Economically successful political force that eventually generate profitable capitalistic process.

The implementation of free trade in his time period of economic expansion will bring a very large for Europe, with the colonization of Asia, Africa and Latin America.

Advanced phase of capitalism (since 1914-present). In this phase of capitalism is also experiencing rapid growth in its history insanely particularly in social management.

World War I marked a turning point in the development of capitalism in general and Europe khususnya.periode since 1914 witnessed a reversal of public interest to capitalism and the reversal of almost all the tendencies of the pre-war liberals. Sebalum decades of war, capitalism, strong leadership in Europe to run the international economic community. Developing world markets, the gold standard almost become universal, Europe acting as world and European banks became central to increasing the volume of international trade.

But after World War I, the trends change, U-turn. International markets subside, the gold standard was abandoned and the national payment instruments, preferably in a controlled manner, the hegemony of European banks moved to the United States. Regarding the actual displacement of this hegemony has been predicted long ago by Adam Smith:

Starting from shop owners, merchants and their legal experts (American colonists) would become statesmen and legislators and legislators-will be employed to reach a new form of government of a vast empire, which in their beliefs - beliefs which may very true - will be one of the largest and wonderful empire which had existed on this earth.

Of peoples in Asia and Africa that have been used as the colony managed to rise against European colonialism and also added in trade barriers, more and break the European dominance in the world.

Meanwhile capitalism in Eastern Europe began to weaken due to the Bolshevik revolution driven by Lenin. Revolution has been dismantling the principal institutions of capitalist private ownership of means of production over a large area, unload the class structure, the old forms of government and the established religion. Moreover spirit generated by the Russian revolution in less than half a century, managed to appear to challenge the superiority of capitalist organization of production systems. In Western Europe and the shift by abandoning traditional forms of capitalism. Above all, Laissez-faire, the policy into an agreement to the 19th century, had been humiliated by the war and postwar experiences.

With the onset of major depression in the 1930s, the capitalist system that had stood settled, shaken up by the roots. Laissez-faire, said Dillard, suffered a severe blow from the president's New Deal of Franklin D. Roosevelt in the United States. Gold standard collapsed completely, falling stock markets. While in England, which is the home of capitalism, free trade be abandoned. Classical principle of strong financial, annual budget was balanced, in practice and theory is replaced by a planned deficit during depressed economic activity. At the end of World War II, the glorious period of classical capitalism fade with dinasionalisasikannya basic industries, including coal, transport, communications, public interest and the Bank of England by the labor party in power in England.

malaise Passover is the beginning of the welfare-state system that put the country back on its function - although not total as in communist countries. In the welfare-state system of state run social functions for maintaining the stability of capitalism.

Form of capitalism, this type can be seen in the United States, which by Saiful Arif mentioned systems in the United States has several aspects: first, the principle of freedom (freedom) which means free enterprise and invest (free entry in consumption and investment) and limitations on government intervention as well as arrange democratic political model.

Second, the principle of balance (equality). The presence of diffusion between the political and economic power; the same bargaining power between producers and consumers as well as equal opportunity as well as efforts to create equity.

Third, the principle of justice (fairness). Represents an attempt to avoid unfair practices such as workers who do not meet the standard; host relationships and exploitative employers and others.

Fourth, the principle of welfare (welfare). To take into account the allocation and production efficiency. Welfare parameters can be known through government oversight of price stability and efforts to create a condition of employment that is full employment (labor intensive).

Fifth, the principle of sustainable growth (sustainable growth). The indication is the real income growth and technological progress.

Susan George writes, in the year 1945 or 1950, if you seriously offer any ideas and policies that are currently referred to as neo-liberalism, you will be ridiculed on the stage or sent to a psychiatric hospital. In any western countries, at that time, each person is a Keynesian, Social Democratic or Christian-Social-Democratic Party or the Marxist. The idea that markets should be released to manage the public and political policies: an idea which states that countries should voluntarily stay away from the economy, or companies should be given total freedom, that trade unions should be curbed and social guarantees society must be reduced - such ideas felt very strange to the spirit of that era. Although some people approve of these ideas, but they will not hesitate to bring it and will find it difficult to find his audience.

But after the collapse of communism in 1989, the welfare-state is becoming obsolete. Collapse of the welfare-state system has actually been started unreadable since Margaret Thatcher and Ronald Reagan to power and change the existing policy in their respective countries toward neo-liberalism that is often termed Thatcherism and Reagenisme. In the 1990s this condition is intensified with the increasing acceptance of neo-liberalism by most of the world community through the logic of globalization.

Wednesday, January 2, 2013

DataTreasury Corporation Licensing Secure Check Image Capture And Storage

DataTreasury Corporation is a specialist in developing, acquiring and licensing secure check image capture and storage technology, which is provided by centralized storage facilities. The company was founded by Claudio Ballard in 1998 in Melville, New York, United States. Today, the company is located in Plano, Texas, United States. Initially the company was founded for marketing technology that specializes in processing electronic checks, documents and related payment processing tools.

The two network architectural patents that were granted to the company a few years after its establishment states in details the revolutionary and the important factors of DataTreasury's systems which are used for document imaging, remote image capturing, centralized electronic storage and centralized processing. The company paid special attention to fault tolerance, superior reliability and enhanced security.

Secure remote image capture with transaction processing and centralized storage

The secure check imaging technology was invented by Claudio Ballard in 1994, but the invention was claimed by the DataTreasury patents. Ballard thought that the secure method of image storage would help the small businesses in a big way. The first imaging system named elmage Vault was licensed by the company to Bank Hapoalim of Israel.

The invention was a great way to remove the downsides of conventional imaging and transaction processing techniques. The patent portfolio has been licensed by the company to companies who understand the importance of intellectual property well and can respect it. Companies must learn more about DataTreasury's assets for benefiting.

Intellectual Property

Another thing that deserves mention when speaking about DataTreasury is its intellectual property (IP) encompassing biometric elements. The elements are formulated in such a manner that the security of all manners of transaction is enhanced. This assures the actual identity of transaction initiators.

DataTreasury is known to license its products as well as intellectual property to several companies of repute including Merrill Lynch, Diebold, NetDeposit, and Goldleaf Financial Solutions (limited license with restrictions).

Global Repository Platform

The DataTreasury Global Repository Platform (GRP) also deserves a mention. This platform showcases the state-of-the-art storehouse for housing secure storage, retrieving several kinds of restricted information, and management. The GRP is accessed by authorized people only. The GRP of DataTreasury offers security and accountability for assuring the location as well as the security of information.

It is to be noted that the GRP is a platform uniquely designed for providing support to different kinds of documents, files, image storage, retrieval based and management applications. The network architecture patents provide secure communication between the central processing facility and the remote locations. There is also a partitioning scheme that enhances the error correction procedure. The GRP's dynamic address assignment algorithm is responsible for load balancing among the servers of the system for higher utilization and rapid performance.

At present, the company has around 1000 shareholders. Defendants with access to the world's largest law firms and lobbying groups, and with huge legal budgets keep testing the company's intellectual property in courts. So, if you have a company and plan to deal with DataTreasury, make sure that you have researched well before taking any step.

Wednesday, December 26, 2012

The Budget Vs Expenses Comparison

When drawing up a personal budget, it is important to be mindful of the differences between your idealized personal expenses and the actual personal expenses that your budget expresses exist. Be sure that you are not delusional in thinking that your cash expenses are not that high or that you do not spend that much money in light of your documented budget stating otherwise. You need to think about small items that you may purchase throughout the week as well as your larger fixed expenses. If you have adequate income to meet your expenses in terms of your fixed costs (for example mortgage payments) and your necessities (food, etc.), then you have planned your budget correctly. If the opposite is true, it is time to examine some of the variables in your personal budget.

The first factor to ensure a balanced budget is to make certain that your personal income is capable of covering your life costs and necessary money expenses. If this is not the case, you need more income to cover these key items. There is no point in budgeting if you do not have the money to provide paper on which to write the facts and figures, so make sure that you have enough financial capacity to demonstrate the responsibility of paying the necessary bills and procuring the necessary items with which to function as a human being.

Once this has been established, you can now move on to your budget in an official sense. Make sure you are aware of your expenses and how to counteract your expenses by drawing up an effective budget to allocate your cash. Your budget should exhibit all of your expenses, even the unknown ones such as emergencies and unforeseen circumstances, so that you are visually aware of where you stand financially at all times by simply taking a look at the documented information. From that point, you are able to see where you went wrong with your fiscal planning and what can be done in the future to prevent any mistakes.

Assuming you did not make any budget mistakes, you are not able to process the personal expenses aspect of your budget in an area beyond known costs and fixed costs. This is where the comparison of budget to actual expenses comes heavily into play because you are not comparing what is left with what is desired. For example, if you want to install a backyard swimming pool and you notice that your budget has you coming up with about a hundred dollars extra per month after all known and fixed expenses you may deduct that it is not such a good idea. This will also allow you to see whether you are in a position to gain a personal loan or pay day advance.

These types of comparisons are important because they allow you to see, literally, into the future of your fiscal situation and create a climate of financial responsibility that will last a lifetime if implemented correctly. Although drawing up a budget may not be the most exciting task, it really can help you become more financially organized.

Saturday, December 22, 2012

Multilingual Jobs Are In Demand

The significance of keeping the lines of communication with your business partners cannot be overstated. In order to reach your target market you need to communicate appropriately with your potential and actual customers. For many years companies have been expanding across the world, making forays into international markets and most of these companies usually face language hindrance. Having the ability to understand your customers' language is the most critical thing in this integrated world. That is the reason that lots of companies are now going towards hiring multilingual people.

The time when people with multilingual abilities had only the option of translation and interpretation has gone. This scenario has changed with the changing needs of the corporate sector. As per the new hiring trends, most of firms are now particularly keen to hire people with multilingual skills along with a professional degree. Especially UK based businesses, who are seeking to hire graduates who have exotic language skills, with an intention to capitalize business in foreign countries.

Increasing global integration and competition means that it is crucial to keep seeking ways to gain a larger customer base and companies are hiring multilingual talent to flourish their businesses. Multilingual job does not just mean a job for people with multiple language skills it also requires cultural understanding and other characteristics are equally important. Expertise over more than your vernacular opens up a world of job opportunities for you. Healthcare and law firms, back offices, accounting, telecommunication, finance, call centers, in the multi-national corporations, sales and marketing are all key fields where multilingual jobs are in plenty. Language skills may not seem that crucial within these fields but when united with specific qualifications they can develop a lucrative career.

In today's' world recruiters are completely aware of the fact that hiring multilingual people will help them expand their niche market to other areas which might not have been reached otherwise. According to research, 28% of employers are ready to pay more than the market rate in order to get a competent multilingual person for their organization. The reason for this is that hiring a multilingual person for a professional job saves recruiter's money of hiring translator and translation firm to serve them.

As more and more organizations are collaborating overseas, the demand for multilingual people is increasing persistently. In the current market there are more multilingual jobs than there are candidates. And because of the demand being greater than supply, employers are willing to pay more and more incentives to retain multilingual employees with their company.

Language professionals with other skills are encouraged to visit and register themselves at Top Language Jobs. This is a user-friendly interface for candidates to search for multilingual jobs which suit their qualification and capabilities. Being Europe's biggest job portal top language jobs has always been the most widely known and accepted preference for graduates and linguists alike. This is the best way for the candidates to approach leading organizations and advance their career in international world.

Thursday, December 20, 2012

Capital Campaigns: A Roadmap For Success

If your nonprofit is considering expanding or renovating, you're probably thinking about launching a capital campaign. But how do you create an effective campaign? How many donors do you need? How much money should you try to raise? Here's a quick tutorial to outline the answers to these questions and more.

A capital campaign is a significant project for a nonprofit organization. A successful capital campaign, and the completion of the project for which funds are raised, can be a transformational event. Ideally, when viewed in retrospect the capital project will appear as a logical and inevitable step in the development of the organization as it strives to fully serve its audiences and community.

With careful planning and keen attention to detail, a capital campaign can be a powerful bridge to the future.

A successful campaign is the result of many constituencies working together for a common goal, including the board, staff, volunteers, donors, and community representatives. As the project grows from an idea to a proposal to reality, a Campaign Plan is key to success. A comprehensive plan provides a framework for action and a template that is transparent and universally accepted. It is a document that speaks both internally (to those who are managing the campaign) and externally (to those who may be asked to contribute or who may be impacted by the project). As campaigns are multi-year, a clear plan also serves as a guide if key team members drop out and new team members are brought in.

1. The Goal

A key element of success is to accurately estimate the amount of money needed to be raised.

The costs of planning, acquisition, renovation, and endowment must be carefully determined. In addition, the following items need to be added to any actual cost of building, buying, or starting an endowment:

Ten percent for campaign materials, cost of consultants and staff time, office extras.
Ten percent for building project extras like insurance, building permits, design costs, and estimates for cost overruns or unforeseen delays.
Ten percent additional for people who pledge but cannot or will not finish paying, or whose stock gift depreciates.
An additional ten percent for added protection.

2. Timing

Many nonprofits hesitate to undertake capital campaigns because board members believe that the timing isn't righttypically, if the national economy is slow, or if the stock market is underperforming. While there may be good reasons for postponing a campaign, board members should remember that the national economy is cyclical, and donors make annual appeal gifts from discretionary cash and capital campaign gifts from assets. Most organizations do not run a major campaign more than once every few decades. Your supporters will be enthusiastic about supporting a transformative project and will plan accordingly.

3. Organization

The nonprofit must have the capacity to undertake a capital campaign. A successful capital campaign must have the full faith and support of the organization's board of trustees.

However, support grows incrementally. The following action groups are formed as the campaign progresses:

Steering Committee. Typically composed of not more than twelve, including board members, the executive director, a campaign consultant, and perhaps major donors who are not on the board. The steering committee organizes and spearheads the campaign.

Outside Consultant. Generally, capital campaigns require the participation of a part-time fundraising consultant who can help manage the campaign, train staff and volunteers, and interview prospects during the feasibility study.

Campaign Committee. This group may be very large and include board members, donors, and community supporters who want to take an active role in the campaign. The campaign committee grows as the campaign gains traction. Subcommittees may include finance, fundraising, architecture and building, and public relations.

Volunteers. These are campaign supporters who participate sporadically. They may include community leaders who host fundraising events in their homes, or who have a connection to a potential donor.

4. Campaign Case

The campaign case is the key document that provides a rationale for the project. It is both an internal summation of the organization's goals and a marketing tool to help inform prospective donors. The case must be prepared early in the process and may be revised periodically.

5. Gift Pyramid

Once the total monetary goal has been set, a gift pyramid is created. This shows the number and size of gifts needed to meet the goal. Gifts may range in size from millions to under a hundred, depending upon the goal of the campaign.
The figures are set to reflect the giving potential of the highest donors and the total number of donors expected.

6. Prospect List

Once the gift pyramid is established, the names of prospects must be attached to each of the gifts. This is the task of the Steering Committee. Acting in complete secrecy, the committee compiles a list of prospects. Next to each prospect name is the amount projected, and the name of a person who will solicit the prospect.
If the prospect list cannot be filled with prospects to reach 50% of the goal, then the project must be reconsidered.

7. Interviews with Prospects

If there is the slightest uncertainty about prospect support for the project, a feasibility survey is required. An impartial consultant who is not directly involved with the organization is selected to conduct confidential interviews with key board members and donors. The interviews are about a half-hour in duration and are conducted at the interviewee's convenience, in home or office.

8. Solicitation of Key Donors

The Quiet Phase is an initial private solicitation. It should begin only after certain conditions have been met, including if the project has been approved by the board of trustees and if the feasibility study is positive. During the Quiet Phase, it is expected that 50% of the goal will be reached.

9. The Public Phase

During the Public Phase, the solicitation effort is broadened to include anyone not directly involved with the organization, including charitable foundations, corporations, and government agencies.

10. Conclusion

A well-prepared organization need not be apprehensive about considering a capital campaign. If the appropriate incremental steps are taken, conditions can be assessed at every stage. If at any time conditions are considered unfavorable the campaign can be postponed. If conditions continue to be positive, the campaign can be allowed to progress to the public phase and then to a successful conclusion.