It is second nature to Hartsook clients and followers: the donor’s challenges are our challenges. I met Martin Eby more than 30 years ago. He was a very successful contractor in Wichita, succeeding his father in the company that exists today. I would see Martin periodically as we were building the Hartsook Companies in Wichita. Each time, I would ask Martin how business was. As many of you know, I am sincerely interested in people and their businesses. On almost every occasion, Martin would tell me, “Bob, I can only see out about six months.”As I grew Hartsook, I learned up firsthand that what Martin was describing was the ebb and flow of almost every small business in America. So when you ask for a gift and a pledge from such people, they have to commit to something years out. Their reality is “they can only see out about six months.” This understanding led Hartsook to begin something that has become a staple of our major gifts practice: “We will ride the highs and lows of your business.” While I can’t discuss the name of the donor to SMMC, Lou Gehring had taken a donor—who is very generous, but usually gives $10,000 and maybe a big gift of $25,000—to a million dollar commitment. As Lou told the class after about nine months of cultivation and education with the donor, he presented him with a million dollar request. He shared the plan with the donor, but this donor didn’t understand how committed the hospital was to giving him the flexibility. After reading the proposal letter, this donor turned to Lou and said, “This is remarkable. No nonprofit has ever given me this flexibility. This clearly shows you understand the financials of an entrepreneur. I can do the gift.”A million dollar gift happened because a fundraiser didn’t do what most fundraisers would. Most would propose equal payments spread over a set number of years, no flexibility, and would have walked away with $10,000.It happened also in Tulsa with DVIS, a domestic violence organization in a $20 million capital campaign. There wasn’t quite the drama, but when they asked an early donor who was very close to the million dollar question, they included the flexibility of giving on the donor’s terms and not on the nonprofit’s schedule. Again, the donor, who will announce the gift later said he couldn’t have done this but for the flexibility.So in 10 days, hundreds of miles apart, two good philanthropists became extraordinary million dollar givers. All because the fundraiser showed them how.This isn’t a gimmick. This is a philosophy of building trust, respect and sharing values between the donor and the nonprofit.By the way, this is how I give money. I expect the nonprofit to ride with the highs and lows of my business. Why wouldn’t we treat people the way we want to be treated? It’s not just nice, it grows philanthropy.
Hartsook Announces Its New President
Hartsook is pleased to announce the promotion of Karin Cox to the position of President. Karin has served as Senior Executive Vice President since 2008.
Karin Cox, MFA
President and Co-Founder, Hartsook
“Karin’s well-deserved and timely promotion to President and Co-Founder recognizes her vital role in Hartsook’s creation, its present and its future,” said Hartsook Chairman and CEO Dr. Matthew J. Beem. “Because she is based in North Carolina, Karin is particularly accessible to our East Coast clients, in addition to her clients located around the country.”
Karin Cox and Bob Hartsook opened Hartsook’s doors in 1987. Since then, the organization has been active in helping nonprofits harness the Power of Philanthropy™.
Karin has served in senior leadership roles in nonprofit and business sectors, and is an author, frequent presenter and senior consultant. As Hartsook’s President and Co-Founder, she will continue to provide exceptional counsel to her clients, but also will lead Hartsook’s business development activities and growth as she simultaneously sustains the firm’s proven, reliable processes and introduces new, impactful strategies.