Key Term

What is Chief Development Officer (Cdo)?

Definition

A Chief Development Officer (CDO) is a senior executive position responsible for leading and managing an organization's fundraising and development efforts. This role oversees all aspects of fundraising, including major gifts, planned giving, annual funds, capital campaigns, corporate and foundation relations, and donor stewardship. The CDO typically reports directly to the CEO or Executive Director and works closely with the board of directors to establish and execute fundraising strategies.

Significance

The CDO plays a crucial role in ensuring the financial sustainability and growth of nonprofit organizations. Their strategic leadership directly impacts an organization's ability to fulfill its mission through effective resource development. By building and maintaining relationships with major donors, foundations, and corporate partners, the CDO helps create a sustainable funding pipeline that supports both immediate needs and long-term organizational goals. Their ability to align fundraising strategies with organizational mission and values is essential for maintaining donor trust and ensuring consistent charitable support.