Category Archives: Major & Legacy Gifts

The Heart of Effective Major Donor Development: It’s Not Money

The heart of major donor development is demonstrating impact and showing gratitude. Continually.

Everyone wants to develop a major gifts program. Or to strengthen their existing major gifts program. Why? Because they want to raise more money.

If you approach major gifts development solely from this perspective you’ll ultimately fail.

You might raise more money for a little while. But over the long-term you’ll lose more support than you gain. Because it’s not just about money.

Successful, lifelong major donor relationships are about two things:

9 Amazing Secrets You Need to Get a Major Donor Meeting

Did you know you’re 85 percent on your way to securing a gift if you can get your prospect to agree to a visit? So says veteran major gifts fundraiser Jerold Panas in his iconic book, Asking. He also says, “If you want to milk a cow, sit by its side.”

But … how do you get the cow to cooperate? Ay, there’s the rub.

Why is it so hard to get a visit with a prospect?

It just is. People screen phone calls. They don’t answer emails. They’re busy. And, let’s face it, they know what this is about. Once you get in the room with them, you have your chance to win them over. But how to get there?

October Halloween Nonprofit Blog Carnival – Major Gifts Tricks and Treats

Fear not! The Halloween Nonprofit Blog Carnival is back, offering tricks and treats galore from nonprofit experts all around the web – a full Baker’s Dozen (or shall I say a Witches Coven)! — to help you find, cultivate, solicit and steward your major donors. When you trick and treat, you always like to go to 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 success. But you’ve got to be prepared! No just showing up without a costume, a plan of attack or a strategy for success. You’ll get some lollipops and stuff, sure. But I know that’s not what you really want. Go for what you need.  Go for what will make your time spent on this effort feel worth your while.  And we’ve got 13 experts telling you exactly what to do.

October Nonprofit Blog Carnival Call for Submissions: Tricks or Treats – How Do You Get and Sustain Major Gifts?

I’m majorly S C R E A M I N G with delight to be hosting this month’s Nonprofit Blog Carnival!

So majorly, in fact, that the subject this month is TRICKS or TREATS – How Do You Get and Sustain Major Gifts?

Tell us your tricks – the ones that work! Do you HAUNT prospects through a series of managed ‘moves’?  Do you fly in on a BROOMSTICK and just drop in spontaneously? How do you put them under your SPELL?

Tell us some treats – ways you wow your donors! Smile like a JACK-O-LANTERN every time you think of them; then figure out a way to let them know? Give them lots of virtual CANDY (seriously, do you use social media for any part of your major gifts strategy)?

Mommy, Where do Bequests Come From?

Sometimes it seems as if bequests actually do come from storks.  They drop out of the blue, and you have no idea why. The gift isn’t from someone you recognize as a major donor. Often you don’t recognize the giver at all.

Because they seem mysterious, it can be hard to know where to look for bequests. So what do you do? 

Halloween Nonprofit Blog Carnival – Major Gifts Tricks and Treats

Fear not! The Nonprofit Blog Carnival is back, offering tricks and treats galore from nonprofit experts all around the web to help you find, cultivate, solicit and steward your major donors.

Pick a goodie or two from this great baker’s dozen. After all… it’s the season!

Your Major Donor-Investor: What’s in a Name?

I recently wrote a post about how to take charge of your nonprofit’s ‘major donor-investor plan.’  One of my readers asked “How did you come up with that term?”

Hmmn… I don’t think I came up with anything. I’ve simply considered my major donors as investors since as long as I can remember. But, honestly, I think the term may have been coined by fundraising guru Kay Sprinkel Grace, who has been a mentor and huge influence in my development practice. So, thank you Kay.

What’s in a name? Let’s take a moment to consider the power of language.

10 Steps to Take Charge of Your Nonprofit’s Major Donor-Investor Plan

Major individual gifts are the single largest source of philanthropy, by far. The most recent data from Giving USA[Free Summary Download] shows 72% of gifts come from individuals’ annual gifts and an additional 7% from bequests.

The process of individual donor development proceeds along a continuum – from awareness… to education… to involvement… to investment.  People must first be made aware of the organization’s existence and its mission.  Once this occurs, people who share values enacted by your organization can be identified, further educated and majorly involved.

When the relationship is sufficiently built – and only then — the prospect can be invited to significantly invest to assist in furtherance of your organization’s mission.

October Nonprofit Blog Carnival Call for Submissions: Tricks or Treats – How Do You Get and Sustain Major Gifts?

I’m majorly S C R E A M I N G with delight to be hosting this month’s Nonprofit Blog Carnival!

So majorly, in fact, that the subject this month is TRICKS or TREATS – How Do You Get and Sustain Major Gifts?

Tell us your tricks – the ones that work! Do you HAUNT prospects through a series of managed ‘moves’?  Do you fly in on a BROOMSTICK and just drop in spontaneously? How do you put them under your SPELL?

Tell us some treats – ways you wow your donors! Smile like a JACK-O-LANTERN every time you think of them; then figure out a way to let them know? Give them lots of virtual CANDY (seriously, do you use social media for any part of your major gifts strategy)?

Easy-to-Implement Legacy Giving Strategies for Small Nonprofits – Do’s and Don’ts

You’re stretched thin. Competition for philanthropic dollars has intensified. You know that long-term survival depends on strengthening revenue streams. What are you doing about it?

If you’re like too many nonprofits, you’re missing what’s right in front of your eyes: legacy giving. The lion’s share of philanthropy in the U.S. comes from individuals. Nearly 70% of people make gifts to charity during their lifetimes; only 10% leave a bequest. Why? No one asks them! It turns out that the act of asking makes a huge difference. And don’t tell me you can’t ask because you’re too small or understaffed.

Just because you can’t afford (or aren’t quite ready yet) to mount a full-on legacy giving campaign is no excuse to avoid the basics.