Food bank giving

The True Meaning of Giving Tuesday

Food bank givingThis year Giving Tuesday is November 28th. So, soon.

If you’ve not done so already, now is a good time to think about whether or not you want to jump on the bandwagon and, if so, how. There is more than one way to slice this particular piece of pie. And, really, that’s what Giving Tuesday is – just one piece of your total annual fundraising strategy.

You don’t want to blow it out of proportion. But you probably don’t want to ignore it. Rather, plan ahead to put it into a context where it will complement your other year-end communications and fundraising strategies.

Let’s take a closer look.

What is Giving Tuesday?

I confess I’ve been a bit of an apologist for the “holiday.” I like to turn the tables by actually giving to donors, rather than asking them to give yet one more time during this busiest fundraising time of the year.

Plus, I often say if you want gifts, you must give them. What better time to do so than on giving Tuesday?

Of course, asking can also be a form of giving. So, I love appeals on this date that give people the option of giving money or supporting you in other ways (e.g., volunteering; in-kind donating; advocating, etc.).

It’s all philanthropy (aka “love of humanity”).

Key: Approach GT Strategy with a Giving Spirit

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Live auction at an event

You’re Thinking About Planning a Fundraising Auction – Now What?

Congratulations! Whether you’re planning a stand-alone auction or adding an auction to an existing event, these fun-filled bidding extravaganzas serve multiple purposes. They’re hard work (after all, anything worth doing takes dedication, energy and time), but well worth the effort when done well. They can help you: Raise money. Provide additional value and entertainment…

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Texting from mobile phones

10 Reasons Your Nonprofit Needs to Be Texting

Texting from mobile phonesFrom time to time, I host guest posts from professionals with niche expertise. There are just some things others know a lot more about than do I, especially when it comes to technology. Today’s article is one of those, from someone who really understands the ins and outs of text messaging and fundraising. Here’s what he has to say.

Nonprofits today face many challenges.

You do too! You’re busy and overworked, and the prospect of adding a new channel to your plate is daunting. But what if texting is a strategy that can help your nonprofit overcome some of the problems causing you stress?

  • Are people not paying attention to your messaging? People read texts.
  • Are your email numbers declining? Text messaging stats are rising.
  • Do you need to make things simpler? Texting is as basic as it gets. 

You can future-proof your nonprofit by embracing text messaging. Everything is going mobile, and putting a strong texting strategy in place puts you at the center of the action.

Here are 10 reasons why your nonprofit should use text messaging:

1. It’s Where People Are

Watches, phones, tablets, and more—so many people have them, and not only do they have them, they take them everywhere. These little devices have invaded our lives.

  • 97% of American professionals are within 3 feet of their mobile devices 24 hours a day.
  • 89% check their phones within the first 10 minutes of waking up.
  • 75% take their devices to the bathroom, sometimes even falling asleep with them.
  • 69% have texted someone in the same room as them.
  • People look at their phone 144 times a day.
  • 35% said if they could only have one, they’d rather keep their cell phone than their car!

People are on devices, so reach them on a device. After all, a classic marketing mantra is “if you want to reach people, go where they are.” And texting is the best way to do that:

Just look at the open rates: 90-95% for texting vs. 30-35% for email.

To do: Generally, more than half of web traffic is from mobile devices. In a mobile world, you need a mobile-first strategy. To persuade yourself and your leadership you should really prioritize this, take a look at your website’s analytics and compare mobile to desktop traffic. It’s time to reach people where they’re at.

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Ice Cream Cone Spill

10 Common Nonprofit Major Gift Asking Mistakes to Avoid

Ice Cream Cone SpillWhen you’re not aware you’re making a mistake, it’s hard to avoid it.

So let’s get curious. I’m going to ask you to close your eyes for a minute to imagine a donor you’ve been wanting to ask for a major gift. I’m going to ask you to visualize a space where you’re meeting. Put them in your office, their home, a café or even a Zoom screen. Choose what’s comfortable, and where you think you’d be most likely to meet with this donor within the next month or so.

Okay… do you have your donor and your meeting space in mind? Excellent!

Now, before closing your eyes, commit to visualizing these four things:

  1. You’re in the room together.
  2. You smile. They smile back.
  3. Someone else is in the room with both of you.  Imagine you brought them with you. Who are they, and how does it feel having them there to support you?
  4. Bolstered by the smiles and good company, what do you say to open the conversation?

Okay, are you ready to close your eyes? Even if this feels a little weird, why not give it a try?

EXERCISE: You can do this by yourself, but it works better if you do it in a pair. Find a co-worker, friend or family member to prompt you to close your eyes and take a few deep breaths. Notice if you’re holding tension anywhere in your body. Relax those areas (forehead; neck; shoulders; hands; belly; thighs; calves; feet).   Now have them ask you the following questions:

(1) Pick a donor to meet with.

(2) Pick your meeting space.

(3) Pick an additional person to support you in the room (e.g., program director; subject matter expert; volunteer; executive director; board member; other donor). Describe who they are, and how it feels having them there.

(4) Open the conversation. What are you saying to them? What are they saying back? What’s their body language? Are their eyes lighting up? Are they smiling? Leaning forward? Play this scenario out just a bit, until you get to a place of comfort or discomfort.

Then open your eyes.

What did that feel like?

What felt comfortable to you? Uncomfortable? Did it feel more comfortable and pleasant than you may have imagined?

Smiling people, committed to the same cause, hanging out in a comfortable space together…. from such a space can come many good things.  

  • What did you say to open the conversation?
  • How did that feel?
  • If it felt good, why?
  • If it didn’t feel good, why?

Take a few minutes to journal some answers to those questions. I guarantee this will help you shift the energy for the next time you move into this space – in real time – with a donor.

A Mistake is Just a Misjudgment

It’s not fatal; you can correct it. But first you have to recognize it happened!

Mistakes in major donor conversations generally arise when you don’t know enough about the donor, or vice-versa. That’s why there are two kinds of major donor visits:

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Three San Francisco Hearts: heartsinsf; Love Captured Heart; Planes

Nonprofit Major Donor Fundraising A B C’s

Three San Francisco Hearts: heartsinsf; Love Captured Heart; Planes

You don’t just roll out of bed one day, randomly go visit a major donor prospect and ask for a random amount. At least not without a boatload of advance preparation. Right?

It’s a lot smarter to begin at the beginning.

And then take it step by step from there.

According to a plan.

A plan to secure BIG gifts for you BIG mission.

It’s always a great time to review what you can do to get yourself and your solicitors (staff and volunteers) ready to make win/win matches between your organization and your prospective major donor/investors.

Ready for some A, B, C’s?

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Could Gifts of Stock Be Your Nonprofit’s Magic Genie?

Genie pexelsDoes your nonprofit promote stock gifts?  You should!

A groundbreaking study by Dr. Russell James J.D., Ph.D., CFP®, professor in the Department of Personal Financial Planning at Texas Tech University, found nonprofits that consistently received gifts of appreciated stocks grew their contributions six times faster than those receiving only cash.

This is HUGE.

If you learn to ask for gifts from appreciated assets you’ll get more generous gifts. The study shows:

  • Received only cash gifts = 11% growth.
  • Received any kind of non-cash gift = 50% growth. Included gifts of personal and real property and deferred gifts.
  • Received securities non-cash gifts = 66% growth. Massive difference from just this one strategy!

You Don’t Have to Get Fancy

The most productive strategy is simply to accept gifts of stock.

But it’s up to you to offer up this giving framework to your supporters.  Otherwise, they’re apt not to see this as an opportunity.

And speaking of ‘framing,’ this can establish a persuasive reference point for would-be donors. Researchers have found people don’t treat all their money as if they have one big pool of it.

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