FAKE Nonprofit News: 6 Fundraising Untruths

scrabble tiles: fake newsThere’s a lot about fundraising folks take for granted. And not in a good way. Because… much of it is untrue!

In fact, if you, your executive director, your board members or anyone else where you work subscribes to these fictions you’ll be in for a lot of pain and suffering. You won’t raise near the money you could otherwise raise. And you won’t enjoy your work.

But there’s a fix!

Previously I wrote about certain self-evident fundraising truths. Truths you want to hold close to become a fruitful philanthropy facilitator.  The problem? These tenets I call truths are too often not apparent at all.

Why?

A disinformation campaign is unconsciously being waged by leaders who:

  • Don’t understand how fundraising works.
  • Don’t understand pre-conditions must be in place in order for fundraising to flourish.
  • Don’t want to understand because then they’d have to step up to the plate and do things that make them feel uncomfortable.

Oh, dear. Guess what?

Like anything else worth doing, fundraising must be done well to succeed.

You get out of it what you put into it. And… the truth shall set you free!

If you believe any of the following untruths, your fundraising program is in jeopardy. And so is your mission. Let’s break these down.

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3 Ways to Knock Your Donors’ Socks Off This December

colorful socksFor fundraisers, December is a marathon of appeals, posts, thank-yous, events, and all the other tasks associated with the busiest month of the fundraising year. For donors, it’s equally chaotic. Family, friends, work, holiday planning, and parties crowd their schedules. Advertisements clog up their email inboxes and news feeds. They receive multiple appeals from multiple nonprofits looking to capitalize on holiday generosity.

What can you do to stand out from the crowd?

Well, we have a few suggestions, and all of them boil down to one thing:

Make your donors feel amazing about supporting you!

Here’s how — with some specific suggestions.

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Not all Holiday Fundraising is Created Equal

Thanksgiving tableWho doesn’t love a holiday?

The very word conjures up notions of celebration, warmth and love.

If you’re a donor-centered fundraising practitioner, you’d be a fool not to take advantage.

Why not tap into pre-existing positive vibes to increase the chances your appeal will be warmly received?

After all, if you can channel something positive that’s more or less universally felt, this gives you a leg up.

It puts your donors in a giving mood using familiar symbols and traditions.

Except when it doesn’t.

A true holiday fundraising story

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How to Cultivate Awe, Gratitude and Altruism to Boost Nonprofit Fundraising

I’m a huge fan of the Greater Good Science Center at U.C. Berkeley, and often apply their research to nonprofit fundraising and marketing.  A recent article really struck me: How to Find Your Purpose in Life.

Over my 30 years of practice as an in-house development professional, the fundamental thing I learned is this:

You serve your donors every bit as much as they serve your organization’s mission.

Please allow that to sink in.

You have a mission. A purpose. Donors can help you get there.

Your donors are looking for purpose. You can help them find it.

It’s a symbiotic relationship.  And you have a role in fostering that relationship.  What is that role?

Your job is to facilitate your donor’s philanthropic journey. Their journey to discover their purpose.

So what’s this really all about?

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Your Secret to Mindblowing Fundraising – Improve Donor Retention Just 10%

Imagine what it would mean to your mission if you doubled the lifetime value of all of your current supporters.

Do you know even know what percentage of donors you’re retaining?

According to Jay Love, founder of Bloomerang, less than 45% of fundraising offices know this answer!

So, you’re not alone.  But you can do better.

Because knowing your retention rate enables you to move it to something better.

And I’m going to guess, if you’re like the majority of nonprofits, you probably need to improve your donor retention.

At least if you want to grow.

Or maybe even just survive.

Just a small change in retention, up or down, can mean thousands of dollars.

It’s your choice whether they’re your gain, or your loss.

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5 Ways Mobile Bidding Can Help You Raise More Revenue

Title slideWhen planning a charity auction, there are several moving parts to keep track of: your venue, item procurement, guest registration, guest management, and more. Whether you’re running a silent auction or a live event, these moving parts are important and need to be carefully monitored.

So, how can you best oversee the planning process and the event itself?

Mobile bidding and auction software has grown in popularity among charity auction events. With this software, you can streamline your event planning process from start to finish and make it easier for people to bid. But before we dive into the specifics, let’s define mobile bidding.

What is mobile bidding?

Mobile bidding is a paperless bidding method that allows guests to place bids straight from their phones. The software simplifies all aspects of your live and silent auctions, your event planning and management, ticketing, and other needs. It can add engagement to the event as well.

There are many ways mobile bidding can help boost your revenue and streamline everything at your charity auction. In this article, we’ll focus on the following areas where that can happen:

  1. Item Procurement
  2. Guest Experience
  3. Competition
  4. Participants
  5. Analytics

Are you ready to take a closer look at the ways mobile bidding can help you reach your fundraising goals? Let’s get started!

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Why Donor Wooing Requires WOWing

cashier-Pixabay1791106_640The Unfair Exchange Bernadette Jiwa, The Story of Telling.

That will be eight dollars,’ the woman, who is carefully weighing and wrapping two serves of freshly made fettuccine for us to take home, says.

As my husband is about to hand her the cash, she takes another handful of the pasta from behind the glass and adds it to our package.

She doesn’t announce that she’s giving us twenty per cent extra for free.
She doesn’t even invite us to notice the gesture at all.
It’s enough for her that she knows she has added value.

We think of value as a hard metric—the anticipated fair exchange of this for that.

But value can be a surprising, generous, unfair exchange.

Something that is given because we can, not because we must.

Ah… value.

Wow, wow, WOW!

This is what all fundraising, fundamentally, is about.

A value-for-value exchange.

Yet one side of the exchange is a hard metric: The donor’s cold, hard cash.

While the other side of the exchange is something decidedly less tangible: Freely given gratitude from you and your organization.

Or at least that’s how it should work.

The Difference between ‘We Must’ and ‘We Can’ 

What does your donor love and loyalty plan look like?

Do you even have such a plan?

If the only reason you acknowledge donations is because you feel you ‘must,’ it’s likely your donors aren’t walking away from the encounter feeling much more than matter-of-fact. The transactional receipts many organizations send out are registered by the donors as “Ho, hum. Guess I’ll go file this with my tax receipts.”

This kind of exchange is fair, sure.

But it’s not generous.

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