How Positive Feedback Boosts Nonprofit Fundraising

Recognition. Appreciation. Acknowledgment. Gratitude.

Psychologists, sociologists, philosophers, economists and historians have often studied and documented this phenomenon. It’s part of our quest for meaning and connection.

  • Darwin talked about “survival of the most loving.” Communities who took care of each other were the “fit” ones.  Similarly, those members most sensitive to group feedback survived. It’s difficult to make it alone.
  • Maslow talked about the need for love, community, esteem and self-actualized identification with a higher purpose.
  • Psychologist Matthew Lieberman, in “Social, Why Our Brains Are Wired to Connect,” writes about how MRI scans reflect that our brains are hard-wired to respond to positive recognition from others.

I like the way

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Valentine-Monterey-Aquarium-300x300.jpg

8 Top Ways to Send Nonprofit Donors Love on Valentine’s Day

Valentine’s Day offers the perfect opportunity for donor stewardship!

And you’ve still got time to send a little love your donors’ way.

Why might this be something for you to consider, amidst all the other “to-do’s” on your plate?

If you don’t do a lot more donor loving, you’re going to do a lot more donor losing.

I hope by now you know donor retention is the name of the game. It costs so much more to acquire a new donor than to keep an existing one. Yet too few nonprofits have serious, intentional donor stewardship programs in place. Because of that, on average, nonprofits lose nearly 8 out of 10 first-time donors and close to 6 out of 10 of all donors.

Don’t be one of those organizations whose donors only hear from you when you want something from them.

Be generous, and show them how much their support means to you. Do this frequently, like it’s part of breathing for you.

They love you, and show you.

You love them, and show them.

You’ll be amazed at how a little love can go a long way.

There are 364 other days each year on which you can fundraise.

This year why not dedicate Valentine’s Day to giving, not asking? Think about those donors for whom you’d like to show some special love, because they showed you some. Show them you noticed!

If you can’t send valentines to every donor, pick a segment or two. It could be:

  • Major donors.
  • Monthly donors.
  • Donors who’ve given faithfully for five years or more.
  • Donors who increased their giving this year.
  • First-time donors of $100+.
  • Donors who also volunteer.
  • Board and committee members.
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Thankful for Thanksgiving

Thanks(for)giving

Thankful for ThanksgivingThis Thursday folks in the United States will celebrate what I consider to be the social benefit sector holiday of the year: Thanksgiving!

Just think about what it means.  Literally, it’s a day for giving thanks for our blessings.

Who do you count among yours?

I know when we go around the table at my family Thanksgiving, saying what we’re grateful for this year, most folks respond with a people-based answer. Sure, they’re happy about the feast in front of them. But they’re most grateful for caring friends. For loving family. For being together and sharing the warmth of good company.

Who are you grateful to at your organization?

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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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4 Nonprofit Strategies to Build Donor Trust & Lasting Relationships

Trust is the foundation of all lasting relationships.

If you don’t build trust, or if somehow you manage to destroy it, you’re going to lose your donor.

Sadly, this happens more often than not.  By now you’re likely familiar with the stats on donor retention from the Fundraising Effectiveness Project.  Only 23% of first-time donors renew. Only 46% of all donors, new plus ongoing, renew.

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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How to Become a Donor Experience Transformist

If you don’t build donor loyalty over time, you’re really missing out on the long-term value of every donor you bring in. And, guess what else?

You’re working too hard.

Donors come in. Donors go out. 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!

But there’s an easy 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!

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