language of love alphabet

Nonprofit Gift Planning: Do You Use the Language of Love?

language of love alphabetI recently listened in on a thoughtful webinar by Scot Lumpkin for The Stelter Company. It’s all about meaningful conversations with donors who (you hope!) may contemplate a gift to your organization.

To get folks to “YES” you just need to learn the language of gift planning!

It’s not just about HOW people give, but WHY.

Scott was speaking of what is often called ‘planned giving.’ It’s a term that’s unfortunately come to mean giving vehicles, which is a decidedly non-donor-centric way of framing things.

Anyone who contemplates a major, or stretch, outright gift plans ahead.

No one just gets up one morning and decides to give away $10,000.

Or let’s just stipulate it’s relatively rare.

Rather, would-be philanthropists consider how making a particular gift at a particular point in time may match their values and helps them accomplish their objectives, personal and philanthropic.

It’s seldom a spur of the moment action.

For purposes of this gift planning article, let’s consider your audience to be prospective major (outright) and legacy (deferred) gift donors.

Let’s try an experiment.

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cigar smoking Groucho

Can You Smoke What’s in Your Major Gift Pipeline

You want a smokin’ major gifts program, don’t you?

Of course you do.  You want to light those babies on fire!

Better put, you want to ignite your donor’s passions, light the fire in their bellies, and help facilitate the type of philanthropy that will be a win/win/win – for you, your donors and the vision your organization seeks to attain.

You can’t do this without nurturing a pipeline that lights your donors’ sparks of interest, fans the flames and patiently waits until ignition happens.

Sure, you could just light little fires. Fires that self-extinguish pretty quickly. But these aren’t the fires that will sustain you and keep you warm over the long haul.

That’s why every nonprofit, no matter your size, cause or longevity, needs to build a major gifts pipeline.

Otherwise, you’ll have nothing to smoke!

Want to learn how to stop running on fumes?

Let’s Build Your Major Gifts Pipeline in 10 Steps!

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Rose inside book. Pages shaped like heart.

Nonprofit Fundraising: Do You Know Semantics Matter?

Rose inside book. Pages shaped like heart.What’s in a name?

“A rose by any other name would smell as sweet,” said Shakespeare.

But, would it?

Seth Godin thinks words matter. As do I.

“That’s just semantics”

Just?

The meaning of the word is the reason we used the word.

If we don’t agree about the meaning of the word, we haven’t communicated.

Instead of, “that’s just semantics,” it seems more productive to say, “I’m confident we have a semantics problem.”

Because that’s all of it.

The way we process words changes the way we act. The story we tell ourselves has an emotional foundation, but those emotions are triggered by the words we use.

Not just.

Especially.

— Seth Godin

What do you call the folks who respond to your fundraising appeals?

Are they donors?

Maybe that’s okay. Or perhaps

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Cookie Monster when his name is misspelled

Donor’s Lament: You Didn’t Thank Me Properly

Cookie Monster when his name is misspelled

Everything I learned about saying “thank you” I learned from:

According to Burk’s research from Donor-Centered Fundraising, more than 80% of thank you letters start with “Thank you for your generous gift of…” or “On behalf of the Board of Directors, thank you for your generous gift of…”

Y  A  W  N

  • Want to stand out?
  • Want your donor to actually read your letter?
  • Want your donor to feel good about the decision they made to invest in you?
  • Want your donor to feel warm and fuzzy inside?
  • Want your donor to say “Aw, that’s SO nice!”
  • Want your donor to feel the opposite of bored?
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Fundraising Do's & Don'ts logo

Fundraising Do’s and Don’ts: Email Invitation

FR_Do's_and_Don'tsI’m continuing with my new, occasional feature of “Do’s vs. Don’ts.”

Whenever something arrives in my mailbox that seems a good ‘teaching opportunity,’ my plan is to share it with you.

Please let me know if you find it useful!

Today’s example is an emailed invitation to a donor appreciation luncheon.  

Do you think it’s a “Do” or a “Don’t?”

What’s wrong or right with this subject line?

I received an email with the headline: Want to enjoy lunch with our kids next Thursday?

The preview pane continued:

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Conscious compassion

4 Ways to Consciously Keep Donors Connected

Conscious compassionWhen people give to you for the first time, often they know very little about you. Perhaps they found you through a link on social media. Or organic search. Or through a friend who emailed them a link to your appeal.

They were inspired to give, once, based on whatever they saw or read.

What happens next is critical.

Either you’ll inspire donors to stick with you, or you’ll depress their enthusiasm through benign neglect.

I say “benign,” because I’m sure you don’t mean to mistreat your supporters. Nonetheless, I’m willing to bet many of you do.

  • Perhaps donors make a gift online, and are not immediately taken to a thank you landing page that reassures them their gift went through.
  • Perhaps you send donors a deadening thank you email that looks like a receipt.
  • Perhaps your generic thank you doesn’t tie back at all to the reason they gave.
  • Perhaps your thank you talks all about your organization, rather than about how your donor is a hero.
  • Perhaps your thank you focuses on the amount of their gift and its tax deductibility, and fails to mention specifically what it will accomplish.
  • Perhaps your email thank you lacks the personal touch you put into your mailed thank you letters.

Here’s the deal: Donors are looking for meaning. If your thank you and subsequent donor communications don’t give it to them, they’ll dismiss you and go look for meaning elsewhere.

All donors have questions they need you to answer for them. If you fail to answer these questions you fail to lay the groundwork for developing a positive, ongoing relationship.

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Are You Rocking Donor Retention 101?

It’s doubtful you are unless you’re making robust use of your donor database for this purpose.

In other words, you must make this a TOP priority.

Retention lives or dies in how effectively, or not, you use your database to support your relationship-building, loyalty-driving efforts.

If you think of your database as a largely undifferentiated mailing list, you’re not going to realize your potential to:

  • Boost renewal rates
  • Increase average gift size
  • Upgrade donors
  • Secure major and legacy gifts
  • Recapture lapsed donors
  • … and more!

Really, I just can’t bear to think of you not maximizing return on your investment. And that won’t happen unless you focus on donor lifetime value.  And lifetime value will be very, very small — unless you retain and upgrade donors over time.

There are 5 Keys to Donor Retention

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Persona

How to Use Donor Personas to Identify New Prospects

PersonaYou love your current donors, right?

You want more just like them, right?

The best way to find folks similar to your current supporters is to begin by creating a profile of who your best supporters are. So let’s go ahead and create a profile (aka “persona”) for your model donor.

Your Surprisingly Easy Way to Use Personas to Discover New Donors

Donor personas are hypothetical “stand ins” for your nonprofit’s actual donors. They enable you to stand in your donors’ shoes and think from their perspective – a pretty handy thing if you’re looking for people who might like to make an investment with your nonprofit!

Begin with demographics.  Then move on to psychographics.

Start with the basics.

Get out a sheet of paper and grab a pen.

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4 CommentsAnnual Giving
cheerleader

3 Ways to Remove Psychological Barriers to Philanthropic Giving

If you can remember this acronym, you’ll be able to persuade more donors to join you and stick with you. This is deceptively simple stuff.

And it really, truly works!

Give me a ‘D’ for DOUBTS!

Give me a ‘U’ for UNIQUENESS!

Give me an ‘E’ for EXPECTATIONS!

What’s that spell?

That spells what you must overcome to win over donors!

What’s that spell?

That spells what you owe your donors!

What’s that spell?

That spells what you must meet to show you’re worthy!

Ready to ‘D.U.E.’ it?

Let’s get started!

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Figure on treadmill

You Control Nonprofit Donor Retention

Are you caught in the trap of transactional fundraising?

Donors come in. Donors go out.

One-time gifts are here today, gone tomorrow.

It’s like being on a non-stop treadmill.  Just exhausting!

There’s a way to catch your breath, and even begin to enjoy breathing again.

Instead of continuing on as a transactional fundraiser, become a donor experience transformist!

Receipt of the gift is the beginning, not the end.

Before you can create a transformative donor experience, you must undergo a transformation of how you think about donor acquisition and retention. If your holy grail is simply getting the gift, you’re missing the point.

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