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Does Your Nonprofit Promote Stock Gifts? You Should!

Guess what strategy you’re likely not using enough that really works to facilitate organizational growth?

And you want to keep growing, right?  Because if you stop growing, you wither and die. You either want to do more of what you’re doing, or do what you’re doing better. Or both.  And… you can!  You should!

Ready to have your mind blown?

There’s a super simple thing you can do to dramatically increase your contributions.

You can easily put this in place before the end of the calendar year — when most donors make their gifts.

Trust me. You’re going to want to read the rest of this article.

Because you’ll learn there’s one thing growing organizations have in common.

And it may surprise you.

Ready?

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9 CommentsAnnual Giving

Not all Holiday Fundraising is Created Equal

Who 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.

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24,000 Children Die from Hunger Daily

Scope: The Key to Donor Generosity?

There’s a powerful psychological principle known as the “identifiable victim effect.”

It has to do with how you describe the scope of the problem you’re asking donors to help address. And what they will do as a result of how they perceive this scope.

  • Is it a scope they can visualize and relate to?
  • Or is the number so large it’s difficult for them to wrap their brains around it?

There’s another related psychological principle known as “scope insensitivity.”

It applies when a number is too large for people to really comprehend its meaning. If you tell me something costs $1 billion, I really have little idea how this might differ from $10 million. Both numbers are equally overwhelming.  I can’t picture how high a pile of either would be in dollar bills or even $100 bills. I have no sensitivity as to the scope because I simple can’t sense it.

Fundraisers absolutely need to know about, and apply, these principles.

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2 CommentsAnnual Giving

TWO Strategies to Tell a Compelling Nonprofit Story

I always tell nonprofits writing appeal letters to tell a story. One compelling, exceptional story.

Actually, you need TWO compelling stories.  We’ll get to that in a minute.

First…

Forget the data.

Forget the history of your organization.

Forget the explanatory prose about your processes.

Forget the list of all your programs.

Forget the superlatives about your longevity, awards, and so forth.

That stuff is compelling only to you. Donors don’t care. It’s just not relevant to them. At least not right away. Donors don’t have time to enter into all your self-indulgence.

Really, most folks don’t have time for you at all.

But…

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5 Truths: How Often Can You Mail Appeals to Nonprofit Donors?

Most nonprofits don’t mail often enough.

How often is enough?

Well… if there was one quick answer I wouldn’t have needed to write a whole article. I’d just have given you a headline with a definitive response!

I know you want a definite answer.

And I could give you one. But it wouldn’t be the truth. Because the truth is different for every nonprofit.

And the truth will even be different for your nonprofit at different points in your life cycle.

There are five definitive things I can tell you:

  1. You are not your donors.
  2. Your donors lie.
  3. Opinions don’t matter; tests do.
  4. Out of sight is out of mind.
  5. What, how and who you mail to matters.
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Greek woman wearing laurel wreath

How to Fight Nonprofit ‘Resting on Laurels’ Syndrome

Are you planning to do, more or less, the same thing you did last year for your annual fundraising push?

I mean things like:

  • Recycling the exact same appeal letter
  • Mailing to the same list
  • Failing to segment your list
  • Failing to clean up addresses and de-dupe your list
  • Using the same donation landing page
  • Mailing only one appeal letter
  • Sending only one or two emails
  • Failing to link to your appeal on social media
  • Failing to ask your influencers to share with their peers
  • Failing to encourage recurring gifts
  • Failing to suggest specific ask amounts
  • Failing to ask major donor prospects in person
  • Failing to send a prompt, personal thank you
  • Failing to have a donor love & loyalty plan in place to retain these supporters
  • … the list goes on!

I was moved to write this article after recently attending an excellent production of Stephen Sondheim’s “Sunday in the Park with George” at the S.F. Playhouse. I found it surprisingly moving, especially the final musical number: “Move on.” And, being me, I was able to relate it to something I find all too common in nonprofit work.

Something insidious that kills innovation and inexorably drains spirits.

It’s almost a disease.

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3 CommentsStrategy & Management
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10-Step Annual Appeal from Start to Finish

The end of the calendar year is prime fundraising season. For most nonprofits, September through December will make or break your annual campaign. So… I want you to do the following:

  1. If you’re just sitting down to write your appeal letter, use this as your step-by-step guide to crafting a winning fundraising offer.
  1. If you’ve already written your appeal letter, use this as your step-by-step checklist to assure your fundraising offer is truly one a prospective donor won’t be able to refuse.
  1. Vow next year to have at least your appeal letter draft written and approved by September 1st. Put this date in your calendar, and work backward to create a timeline of all the steps necessary to meet this deadline. This will give you plenty of time to tweak your appeal language for different mailing segments, prepare your email and social media campaign using messaging and images from your mail appeal, get the letter to the printer and mail house, and prepare your carrier envelope, remit piece, donation landing page, thank you letter and overall acknowledgment plan.
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4 CommentsAnnual Giving
brain and mind

Fundraising Appeal Q & A: 6 Concrete Tips to Overcome Common Challenges

I recently had the opportunity to present a webinar for the Fired Up Fundraising Community on the topic of creating a compelling fundraising offer your donor can’t refuse. We covered a lot of territory, so at the end there was limited time for questions.  Many were left unanswered.  So…

I decided to answer in writing the ones that seemed to be repeated by more than one person.  These challenges, it appeared, were common enough they required some solutions. Or, at the very least, some clairification!

I sent the Q & A to all the webinar participants and thought, gee whiz, why don’t I share it with all of you too?

Here we go…!!!

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2 CommentsAnnual Giving
Rainbow after a storm

Read This if You Know People who Hate Fundraising

If you’re coming at fundraising from the perspective of “no pain, no gain,” I’d like to suggest you reframe your approach.

Especially when it comes to asking individuals, one-to-one, for passionate gifts.

As long as you hate it, you’re never going to be effective.

In fact, if anyone in your organization feels this way, you’re shooting yourself in the foot.

Why?

Because… (I really hate to break this to you)…

Donors can tell.

When donors can sense you’d rather be doing anything else than asking them for a gift, guess what happens?  They follow your lead!  In other words, they feel like they’d rather be doing anything else than making a gift.

Uh, oh.  How can you change this equation?

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1 CommentBoards & Leadership

8 Reasons to Start a Nonprofit Monthly Giving Program NOW

One of the key annual fundraising strategies I recommend you add (or rev up) this year is monthly giving.

It’s one of the best ways I know to move the needle in improving your mid-level giving program, and to also serve as a pipeline to acquire new donors, upgrade current donors, and influence major and legacy giving.

To help you persuade your “powers that be” this is a direction in which you should definitely be headed, I’ve invited Erica Waasdorp, pre-eminent monthly giving guru, to write a guest article on this topic. Take it away Erica!

If you don’t have a monthly donor program yet, I highly recommend you start as soon as you possibly can.

This afternoon or first thing tomorrow would be good!

Let me share with you 8 reasons why.

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