Are you reading your major donors right?

Are You Reading Your Major Donors Correctly?

A year ago I had the opportunity to present a major gifts master class where Jay Love, Founder and President of Bloomerang (and a board member and major donor himself) offered his thoughts on major gifts development from the donor’s perspective.

SO important!

The more that you know, the less they’ll say “No!”

  • The more you know what floats your donor’s boat,,,
  • The more you know what other things compete for your donor’s attention (not just causes, but also career and family)…
  • The more you know how your donor prefers to communicate…
  • The more you know how your donor prefers to be wooed…
  • The more you know how your donor prefers to be recognized…

If you can’t show your major donor prospect you really know them, how can they trust you’ll be a good steward of their passionate philanthropic investment?

We all want to be known before we enter into a major engagement.

Which brings us to the crux of successful major donor development. Not surprisingly, it begins and ends with the same thing.

Can you guess what that might be?

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Major donor meeting

8 Tips to Ace Your Dynamic Major Donor Solicitation

I could just say (1) prepare, (2) prepare, (3) prepare, (4) prepare, (5) prepare, and (6) prepare.

Did I mention that you really need to prepare?

Essentially, this is the meta-message of Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, to would-be entrepreneurs seeking to get spots – and funding – on the television show.

In “How to Present the Perfect Pitch: From the Shark Tank to the Boardroom” he offers 10 tips to help you ace a fundraising pitch. Whether you’re seeking venture capital or a philanthropic gift, many of the principles are the same. I’ve selected six tips I find perfectly aligned with what it takes to make a successful nonprofit ask. Take them to heart, and you’re sure to make your next in-person fundraising presentation a winner.

Oh, and there’s one more important thing, says O’Leary:

“The number-one rule is to make your pitch incredibly dynamic.”

Let’s do it!

I”m going to offer you 6 guidelines and 8 really practical tips…

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Treasure Map

Introduction to Strategic Nonprofit Major Gifts Moves Management

Do you want more major donors?

You can have them!

Today we’re going to look at a great tool for building those important relationships with top prospects over time.

And we all know that is what will result in the big gift.

You know how important it is to put a plan in place to build relationships, right?

It’s super-de-duper important if you want to secure major gifts.

I’m talking about “Moves Management.”

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Any Nonprofit Can Rock Major Gifts with These 10 Secrets – Pt.2

Every nonprofit should have a major gifts program. Because that’s where the lion’s share of the money is.

It’s a rare organization that has a mailing list large enough to raise a million dollars from a million different $1 donors. But most nonprofits do have major donor prospects hiding in plain sight.

It’s up to you to find them; then move them along a cultivation path that prepares them – and you – to make an ask that results in a win/win values-based exchange.

Let’s review the full panoply of secrets that will guarantee your major gifts program is a success, whatever your size.

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Skyrocketing

10 Strategies to Skyrocket Major Gift Fundraising

Skyrocketing“Begin at the beginning and go on till you come to the end; then stop.” So wrote Lewis Carroll in Alice in Wonderland.

It’s the same with major donor fundraising, except you don’t ever really stop.  You just start up again. You do follow a prescribed path, however.  And here’s what it looks like:

  1. Before
  2. Ground Floor
  3. Explore
  4. Back Door
  5. Adore
  6. Mentor
  7. Ask For
  8. Implore
  9. Rapport
  10. Report

If you do this correctly, it becomes a transformational process for the donor. They want to stay connected and engaged and invested.  Which is why you don’t stop.  You follow up with “Some More.”

But first…

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symbolic rainmaking god

How to Build a Major Donor Program from the Ground Up

If you’ve got donors, then you have the raw material for a major donor program – and it’s easier than you think.

Begin with your own database.

Most organizations have plenty of donor prospects, without having to go outside and look for prospects who aren’t connected to you.

You know who I mean. The people your board members tend to suggest to you. Folks who may be rich, and may even be philanthropic elsewhere, but don’t have any interest in what you do. And no one knows them or can make an introduction to them.

Don’t start with the most out-of-reach prospects. You can be a major donor prospect rainmaker without having to go outside or reach too far.

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Are you reading your major donors right?

Are You Reading Your Major Donors Right?

Last year I had the opportunity to present a major gifts master class where Jay Love, Founder and President of Bloomerang (and a board member and major donor himself) offered his thoughts on major gifts development from the donor’s perspective.

Since I’m constantly encouraging you to come at donor development from a donor-centered perspective, I want to share his viewpoint with you.

Not surprisingly, major donor development begins and ends with the same thing.

Can you guess what that might be?

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Major Gifts Tricks and Treats – Halloween Nonprofit Blog Carnival

The Halloween Nonprofit Blog Carnival is back, offering tricks and treats galore from a Witches Coven of nonprofit experts – all good spirits who’ll help you find, cultivate, solicit and steward your major donors.

You like to trick and treat at the houses that give out the most candy, natch?  Well… let’s find the donors giving out the most goodies, so your mission is assured of a heapin’ Halloween sack filled with success!

And let’s get you prepared! We don’t want you showing up without a costume, or lacking a thoughtful plan of attack that takes you through the “good” neighborhoods. Sure, you might get some lollipops and chewing gum. But what you really want, I dare say, are the Snickers bars and Reese’s peanut butter cups.

Go for what you need.  Go for what will make your time spent on this effort feel worth your while.

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