I’m a huge fan of the Greater Good Science Center at UC Berkeley, and I often apply their research to nonprofit fundraising and marketing. This article there, How to Find Your Purpose in Life, really struck me. It affirmed something I’ve learned over than 30 years as an in-house development professional: You serve your…
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Fundraisers talk a lot about asking. Now, as year-end gifts arrive, let’s turn to the equally important task of thanking. In fact, this may be even important than the ask. If you ask well you get one gift. If you thank well, you may receive a lifetime of gifts. Alas, this is where too…
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The absolute worst thing you can do the day after Giving Tuesday is nothing.
As tempting as it is to let out a sigh of relief that it’s over, resist that temptation.
It’s not time to relax yet.
Nothing comes of nothing.
And a huge part of your goal with Giving Tuesday should be to strengthen your bonds with donors.
That’s the real something you’re after.
It’s not just about the money you raise today.
Your goal with any fundraising strategy is to retain and, ultimately, upgrade these transactional donors. The name of the game in the business of sustainable fundraising is lifetime donor value. [Here’s a great book on the topic: Building Donor Loyalty: The Fundraiser’s Guide to Increasing Lifetime Value.]
Run towards, not away.
Like it or not, Giving Tuesday is a ‘special event.’ That means embracing both pre-planning and post event strategies. This, of course, is labor-intensive during a really busy time of year. Which is why I recommend #GratitudeTuesday as an alternative,than adding yet one more event to your to-do list. If you’re on board with a traditional #GT strategy however, youve likely put a fair amount of planning, resources and time into this event. This involves the attention of more than one staffer and/or volunteer. And it sucks time away from almost everything else in the week(s) leading up to it.
It can be a real drain.
Your job is to put a stopper in that drain so all your hard work doesn’t simply swirl down the drain and disappear. Would you work super hard to create a delicious soup you simmer over the stove for hours, maybe even days, and then take one little taste before you pour it out and start all over again with a new one? Endless work. And no one really gets to enjoy the meal.
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Think about the last time someone went out of their way to thank you — maybe a handwritten note after you volunteered, or a simple “You made my day” from a stranger. You probably didn’t forget it. A sincere thank-you lingers because it recognizes not just what you did, but who you are. Now flip…
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Gratitude. Thankfulness. Appreciation. The feels both you and a donor feel whenever someone contemplates, or gives, a gift to your organization. Acknowledgement. Recognition. These are the underlying secrets known by successful fundraisers worth their salt. At base, they’re about the obligation philanthropy facilitators carry to show supporters how much their support means. Sounds simple. And…
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BOO!
Halloween is creeping up on us, so I’ve got some really scary stuff for you!
Don’t get too spooked. There are also a few treats.
In fact, you’ll get eight delicious goodies — in the form of “to-do’s.”
But first… the bad news.
No bones about it, you’re frightening folks away if you’re committing any of these 8 boo-boo’s!
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When the world feels wildly out of whack, it’s time to figure out how to bring things back into some semblance of balance.
Today I share a proven 1-2-3 formula for nonprofit fundraising success — even when the ground underneath feels shaky.
This is a time when keeping one’s balance is quite a challenge. But, if you use this formula, you can steady yourself, right your organizational ship, and bring meaning, purpose and joy to others in your community who share your values.
What I’m about to share is obvious. I know you know it. But… do you do it?
Just in case you need a little reminder.
I’m talking about balancing self-love with donor-love with mission-love.
You’re no doubt familiar with the adage “You can’t help others unless you first take care of yourself.”
This is a truism you should carry with you throughout your life, and not just when the oxygen masks come down on an airplane. It’s never been truer than in the times in which we’re currently living, when there are new things about which to worry seemingly daily.
How do you lead the way forward, helping yourself and others navigate through the tough times?
I’d like to suggest you heed this 3-Step Formula to nonprofit fundraising success.
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I recently received a prickly thank you letter that made my blood boil. Not because it was so bad, but because it wasn’t good. It didn’t make me want to renew my support. And that’s unforgiveable. Because the point of the first gift is to get a second one. Otherwise, donor acquisition costs you …
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In my last article, I wrote about why establishing and building trust should be part of your nonprofit and personal mission.
Because trust is the foundation of all lasting relationships.
If you don’t build trust, or if you somehow manage to destroy it, you’re going to lose your donor.
It’s an uphill battle, requiring a proactive approach.
Sadly, most nonprofits do a profoundly poor job of this. By now you’re likely familiar with the stats on donor retention from the Fundraising Effectiveness Project. The most recent report revealed only 13.8% of first-time donors renewed. Only half of all donors renew, which is still an appallingly low rate — but certainly speaks to the importance of securing a second gift..
If you want to improve on these retention rates (and you definitely can!), I’m going to suggest you develop a plan to build trust.
Trust is built not simply by what you say, but by what you do. Not just once, but consistently over time.
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Everyone’s been saying this, just about daily, for some time.
“These aren’t ordinary times.”
If the anthem for the Boomer generation was Bob Dylan’s “The TImes They Are A’Changin’,” what’s the anthem for today? History doesn’t repeat itself, but it rhymes. We’re living in the face of a firehose of breaking news, and much of it is difficult to digest. Let alone know how to face, handle and get through it with safety and sanity intact.
We can retreat, live in limbo or figure out a way to navigate through this reality and find opportunities to do our work in new and better ways.
It’s a difficult assignment, because it’s not easy to know where to begin.
As social benefit organizations, we want to come from a human-centered, community-centered place, but… what exactly might that be in this extraordinary time?
I think it’s humanity and trust.
Usually we have to guess at what will feel relevant to our supporters. Today, we pretty much know. Because we hear it all the time. On the news. On social media. When we zoom with colleagues. When we talk to our friends.
Social benefit organizations have a secret advantage.
Survival in the civil sector is based on the philanthropic exchange, and ‘philanthropy’ means ‘love of humanity’. Yet sometimes it seems all we see and hear is hatred of humanity. Us/Them. Left/Right. Red/Blue. Young/Old. Good/Evil. Insiders/Outsiders. I could go on…
There’s a better way. When you infuse your nonprofit work with humanity, you’ll reach trust.
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