STRENGTHEN FUNDRAISING CAPABILITIES
Establish resources to further the development of affordable housing by
funding the financial gap as necessary.
Investments in real estate development with Gap Fund ($1 million average size).
Seed the Gap Fund with $6 million in 2020, and an additional $1 million in each subsequent year; raise a total of $40 million from external sources over five years.
Create a Portfolio Preservation fund for existing Mercy Housing properties to make major critical repairs to extend the life of properties and save costs by
making repairs sooner rather than later.
$15 million in Preservation Funds made available over five years.
Complete 200+ Portfolio Preservation Fund projects over five years.
Develop a comprehensive and integrated fundraising approach that strengthens collaboration, elevates communication, and leverages the powerful network of regional and national philanthropy professionals and board members.
Create a reliable, data-driven fundraising operation that employs key performance indicators, technology and targeted cultivation strategies to improve processes, measure performance, and generate incremental and significant growth in philanthropic support.
Annual Philanthropy Goals increase by 5% annually across the organization.