Jan292024
Valentine-Monterey-Aquarium-300x300.jpg

10 Strategies to Celebrate Nonprofit Donors on Valentine’s Day

Last year, you posted about sending donors valentines, which I came across a bit too late in the game, so I sent emails. But, this year, I kept that idea and planned for it, and sent handmade valentines to my top level donors. I felt like I was in 2nd grade with my glue stick and doilies, but the response has been amazing! Not only did my colleagues get in on the action, but I have received nothing but great comments via email and phone calls. Definitely a practice I’ll do every year. Thanks for the great idea! 

— Rebekah Cross, Special Gifts Officer, Guiding Eyes for the Blind

I love a good celebration.

And nothing is more worth celebrating than a holiday, and your donors!

You’ve still got time to send a little love your donors’ way! It’s been a tough, and for many a lonely, isolating and “othering” few years. Chances are good we’re still in for a long season of time during which donors could really use a little extra love from you. Many folks — your donors included — are love starved right now.

Why might this be something for you to consider, amidst all the other “to-do’s” on your plate?

If you don’t do a lot more donor loving, you’re going to do a lot more donor losing.

I hope by now you know donor retention is the name of the game. It costs so much more to acquire a new donor than to keep an existing one. Yet too few nonprofits have serious, intentional donor stewardship programs in place. Because of that, on average, nonprofits lose roughly  8 out of 10 first-time donors and close to 6 out of 10 of all donors.

Don’t be one of those “take the money and run” organizations!

If donors only hear from you when you want something from them, they’re not likely to give more. Or even give again.

Be generous! Show donors how much their support means to you.

Really, donor love should be like breathing for you. In and out. Out and in.

  • They love you, and show you (usually by giving a monetary gift).
  • You love them, and show them (usually by offering an intangible “feel good” like prompt, personal and repeat gratitude).

You’ll be amazed at how a little love can go a long way.

This year why not dedicate Valentine’s Day to giving, not asking?

If you can’t send valentines to every donor, select a segment or two.

Think about those donors for whom you’d like to show some special love, because they showed you some. Show them you noticed! They could be:

  • Major donors.
  • Monthly donors.
  • Donors who’ve given faithfully for five years or more.
  • Donors who increased their giving this year.
  • First-time donors of $100+.
  • Donors who also volunteer.
  • Board and committee members.
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Leave a commentDonor Retention
Jan222024
Hands giving and receiving gift

Are the Rich Motivated to Give Differently?

Hands giving and receiving giftNot as much as you might think.

Yet people tell me all the time how much they’re afraid to ask wealthy people for major gifts. If you share those fears, it’s time for a little “Charity Clairity:”

Contrary to what your gut may be telling you, NOT asking is not making would-be donors feel good. Quite the opposite, in fact.

In this article, I’ll let you in on:

Three major donor truths. And I’ll cover why (1) you must stop short-changing your would-be major donors by not offering them opportunities to be the change they want to see in the world, and (2) you must stop robbing would-be major donors of chances to feel good about themselves.

Six major donor triggers. We’ll explore how you can make donors feel so good they’ll want to say “yes” — and passionately — to your solicitation.

Bottom line: When you don’t make donors feel good, they’ll go elsewhere.

The Rich Are Just Like You and Me 

F. Scott Fitzgerald is famously supposed to have told Ernest Hemingway “the rich are different than you and I.” “Yes, Scott,” Hemingway supposedly retorted. “They have more money.”

It’s good to remember major donors are, first and foremost, just people.

They may have more money, yet many of them actually don’t even feel “wealthy” (just as often so-called seniors don’t feel “old.”)  In fact, a survey of 4,000 investors by UBS found that 70% of people with investible assets of $1 million or more do NOT consider themselves “wealthy.”

What most donors share (no matter their net worth) is

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Leave a commentMajor & Legacy Gifts
Jan182024
Man yelling into phone

How NOT to Ask for a Major Gift

Man yelling into phoneTwice at the end of last calendar year I was asked for a major gift.

Pretty much out of the blue.

Without much preparation, relationship-building or making of an inspiring case for support.

It was clear to me what the charity would get out of it: my money. It was not so clear what I would get out of it. Should I not care?

  • Perhaps not.

  • Perhaps if I were the ideal, perfect donor I would give with no expectation of receiving anything in return.

  • Perhaps if I were less ego-centric, I’d just do it because it was the “right thing to do.”

  • Perhaps if I were not on a quest for personal meaning, I’d give just because the person who asked is someone I know (though, not all that well); it would give them a feeling of success, and that would bring me some happiness.

  • Perhaps if I were not searching for a community of folks who share my values, I’d give without quite understanding the depth and breadth of values enacted by these charities or without having met more of the people involved.

  • Perhaps if I were not examining what it is that sparks joy in my life, I’d give whether or not this cause was currently at the top of my list or I’d been given opportunity for reflection and consideration.

But I’m not perfect.

I’m betting most of your donors aren’t either.

Donors have expectations… egos… personal meaning they’re seeking… communities they’d like to form… and cups of joy that need filling. Otherwise they wouldn’t be human.

And even if you could find a perfect donor prospect, in the instances where I was asked the case for why this was the right thing for me to do wasn’t even made all that well. The ask was about money, not impact.

There was simply an assumption that since I’d shown interest in the past, I would welcome this opportunity to demonstrate my interest even more passionately.

Okay. That’s not a bad starting place. But… you should never assume. You know what they say about the word “assume,” right?

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Leave a commentMajor & Legacy Gifts