4 Keys to Raise Money in Today’s Attention-Sucking Nonprofit Jungle

Photo of 4 keys

Wondering where fundraising is heading in our highly networked, overly saturated, noisy-as-all-get-out post-digital revolution world? A world that’s really a jungle, with so much competition for attention — for-profits, other nonprofits, socially conscious businesses, political campaigns, friends, and family?

Your mantra can no longer simply be about “creating awareness.”

Alas, attention is increasingly ephemeral.

The new nonprofit currency is not creating attention. It’s building loyalty.

You simply can’t afford to keep losing 8 out of 10 new donors. Which means it’s time to reframe how you do fundraising. It can’t be primarily about going after money. It has to be about giving, and receiving, love. If you do it the right way, money will follow as a natural outgrowth. [I’m going to talk about this more in an article focusing on “connection” next week.]

Today, I want to explore 4 keys to raising money in our revolutionized technological zeitgeist.

Of course, sometimes it’s easier said than done.

Bad News/Good News:

The fundraising environment is altered. Mostly due to technology.

Lots and lots of technology.

AI fuels both predictive models and automation. Software enables multiple, simultaneous email campaigns. New tools allow easy sharing and engagement on social media. High quality photography and video can be made with the ease of a smart phone. Multiple new places regularly emerge to find and connect with potential constituents.  And on and on and on… If you feel you’re being hit almost daily with a firehose of new technologies, you’re not alone.

Technology has made it possible to do things never before imaginable.

But… possible and probable are not the same thing.

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Why Would a Donor Give to Your Charity?

a cup of coffee a la heart

What gets donors going? The heart, not the head.

 

People do not give to the most urgent needs, but rather they support causes that mean something to them.”

This is the finding from a report done by the Centre for Charitable Giving and Philanthropy at the University of Kent: “How Donor Choose Charities.”  They begin their study from the widely-accepted premise that charities exist primarily to help needy people and the desire to meet needs is a key criterion in the selection of charitable beneficiaries. Interviews with committed donors found this was not the reason they gave. In brief, the study concludes:

Giving and philanthropy have always been supply-led rather than demand-driven: the freedom to distribute as much as one wants, to whom one chooses, is what distinguishes giving from paying tax. Yet the methods used to encourage donations tend to assume that philanthropy depends on objective assessments of need rather than on donors’ enthusiasms. The tendency to overestimate the extent to which people act as rational agents results in fundraising literature that often focuses on the dimensions and urgency of the problem for which funding is sought. The assumption underlying this approach is that donations are distributed in relation to evidence of neediness, when in fact much giving could be described as ‘taste-based’ rather than ‘needs-based’.

If there was ever a time to commit to finding out more about the folks on your mailing list so you know what floats their boats, this report indicates that time is decidedly NOW. Otherwise, you’re just “spraying and praying” as you buy into the conceit that “if only” folks knew about the need we address, they would give.  Because they should. That’s not why folks give.

People Don’t Always Behave Rationally

The truth is people are ruled by emotion more than objective data. We’re affected by stories we’re told and emotions we feel.

The study cites four criteria that influenced donor decision making. Perhaps surprisingly, they are not based on meeting your organization’s or your beneficiaries’ needs. Of course, these things factor in. But only after you’ve captured someone’s attention with something that relates to them and resonates with them personally and met the key influencing criteria.

THE FOUR KEY INFLUENCERS ARE:

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Don’t Worry, Be Happy: Useful Life Advice for Nonprofit Fundraisers

Some years ago I happened on an article in the New York Times where the author, David Pogue, asked readers for their very best ‘life advice.’  There was so much great stuff in there!  If you happen to have a NYT subscription, I’m sure you’ll enjoy reading the full article. For those who don’t (and really for everyone), I decided to share some of my favorite pieces of wisdom with you.  Particularly those that apply to your nonprofit work. And, especially, those that apply to your work/life balance.

Let’s begin!

1. Worrying about a cat stuck in a tree?

cat in treeNot every problem needs to be addressed immediately. Some will work themselves out.

You’ve never seen a cat skeleton in a tree, have you?” When Alexandra Aulisi’s cat couldn’t get down from a tree, her grandmother reassured her with those words, predicting (correctly) that the cat would come down on his own. “This advice made me realize that, sometimes, you need to shift your perception of a problem to see a solution,” Ms. Aulisi noted.

David Pogue, NYT

While it’s tempting to drop everything (e.g., whenever a new email appears in your inbox, especially if it’s someone asking for help), it’s important to assess if this situation actually requires a rapid response. If not, you have options.

ADVICE/OPTIONS:

1. Lil’ Bo Peep: “Leave it alone and it will come home.”

Ever been on vacation and noticed a flurry of emails, back and forth, forth and back, from members on your team?  Often, by the time you’ve returned, the ‘problem’ – as urgent as it may have seemed at the time based on all the email hyperbole – seems to have evaporated. I’m not suggesting you ignore legitimate, pressing problems; just use common sense and exercise judicious restraint.

2. Could someone else handle this?

I’ll never forget some excellent advice I received (actually from one of the donors I worked with during the years I was a young parent).  While I was stressing about potty training, she told me: “Have you ever seen anyone at college who still wears diapers?  If you don’t potty train your son now, never fear.  His college girlfriend will!”  It was silly, yet made a whole lot of sense. I didn’t need to oversee and micro-manage every little thing. Sometimes things happen on their own time frame. This was a reminder that patience can be a virtue.

2. Having trouble getting started?

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