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Fundraising Tuesday: Remember My Gift. I’m Not Joking!

March 15, 2016 by Dennis Fischman Leave a Comment

you forgot meOne of my favorite knock-knock jokes starts out sounding like it’s not a joke at all.

“Dear friend, will you always remember me?”

“Yes, I will always remember you, Dennis.”

“Will you remember me tomorrow?” “Yes.”

“Will you remember me next week?” “Of course!”

“Will you remember me next year?”

“Yes, I will remember you next year. I will remember you forever.”

“Okay…knock, knock.” “Who’s there?”

(Making a sad face) “Aw, you forgot me already!”

You laugh–but do your nonprofit organization’s donors say, “You forgot me already?”

They might–if you send them the same fundraising letter that you send to someone who’s never, ever made a donation before.

How to Show Donors You Remember

Let’s assume you’re calling your donors by name in the salutation of your letter. And getting the name right! Not doing that is the quickest way to lose a donor.

You still need to show your donor that you know the person behind the name.

Donors don’t want to be just names on a list. They want to know that when they gave, you noticed. How can you show them that?

  • At least, you can say to them: “Thank you for your gift of $100 on December 22.”
  • Better: “Thank you for your gift of $100 on December 22 to help low-income families pay their heating bills.”
  • Better yet: “Because you gave a generous gift of $100 on December 22, one family in our town had heat all through the winter.”
  • Best of all, tell them a story about the difference their donation made:

Jackie and John were afraid that their three children would have to sleep in their coats and under an inch of blankets this winter. They had only enough money to heat their apartment through the end of January. But your generous gift of $100 on December 22 helped them keep the heat on all the way to March. Jackie and John thank you, and so do we!

Now, here’s another way you can help.

What It Takes to Remember Your Donors

In order to send the right letters to the right people, you have to find out about those people, and what they care about.

Who they are

The simplest thing to find out is whether they are donors or prospects. In other words, have they given before or not? If you have any kind of database, it’s easy to find out which is which. Separate the two lists and send them different letters.

(This sounds like a no-brainer. You wouldn’t call your spouse on the phone and talk as if you were arranging a first date, would you? So why would you write your loyal supporters as if they were people who had never given before? But when I looked at all the fundraising letters I received at the end of 2015, 60 out of 90 letters I received used exactly the same language to me that they would use to someone who had never given them a penny! You can do better than they did.)

Most databases will also let you find your LYBUNT and SYBUNT donors (“Last Year But Unfortunately Not This Year” and “Some Year But Unfortunately Not This Year”).  People who used to give, gave for a reason. If you can figure out that reason and write your appeal accordingly, you may get them back–but not if you treat them like they never gave, or the previous gift didn’t count!

What they care about

Let’s face it: only a few people give because they care about your organization. You. Your mother. Who else?

sleep-under-covers-759x397Most donors give because they care about the people you serve (like the family who didn’t need an inch of blankets to keep from freezing last winter). And probably, each donor cares about some clients and some issues more than others.

Just like you separated out your donors from your prospects, you should be able to separate out the people who give to keep the heat on from the people who give to make sure the kids have summer jobs. The difference is, your database can tell you their donation history. For their interests, you have to do a little detective work yourself.

How many letters?

So, you could send separate letters to donors, past donors, and prospects, varying by their specific interests. And you might want to do that. It’s not a whole new letter you have to write each time: it’s tweaking the elements that let the recipient know you remember him or her as a person–not an ATM.

It’s not a huge amount of time, and it’s not a huge amount of money (especially if you send some of those messages by email). And it could bring a lot of donor renewals, making more money than you spend!

But if you choose to do just one thing differently after reading this blog, choose to write a different letter to donors than you do to the world at large.

Knock, knock.

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Establishing a Donor Base When You’re a New Nonprofit

March 14, 2016 by Dennis Fischman 1 Comment

Guest post by James Gilmer

New nonprofits have the opportunity to fill so many under-served needs in their community. But how do you communicate the valuable difference you will make to donors? How do you even find the sources of income your nonprofit needs to survive?

The foundation of your nonprofit’s success is its people, specifically your board and volunteers. In your nonprofit’s early stage, your board of directors will determine the organization’s direction, and members should be able to use their money, connections, and ideas to network and gain initial traction in the community. That’s means it’s extremely important to select a board of directors that will actually earn your nonprofit a return.

The next thing is to understand what your donors want from you. To you, your nonprofit’s mission may be the greatest idea since sliced bread. No offense, but your donors won’t see it that way. They need to feel connected to your cause before they give. When you’re speaking with prospective donors, foundations, and corporations, tell a story. Otherwise, you’re just noise.

Equally importantly, donors want to see your 501(c)(3) exemption from the IRS. This status makes your organization exempt from federal income tax and is the first step to fundraising legally. It helps your donors know that you are a legitimate charity. More importantly, they can get a tax deduction when they make a contribution.

Lastly, stay in touch with your donors. After they give, send a thank you note. Invite them to events. Send them updates. Most of all, show them how their contribution made a difference. In that way, you’ll not only earn a gift, but hopefully a life-long supporter.

 


Author Bio: James Gilmer is a compliance specialist for Harbor Compliance, which establishes 501(c) nonprofits and helps them stay compliant. Harbor Compliance assists charities in every state and several countries abroad. James serves on the Board for two nonprofits in Lancaster, Pennsylvania.


 

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TY Thursday: Here’s To You, Generous Donor!

March 10, 2016 by Dennis Fischman 1 Comment

toasting

Raise a glass to…your donor

What do we do at weddings to make the bride and groom feel extra special? We make a toast.

What can you do to make your donors feel extra special? Raise a glass and toast their generosity. (And you don’t have to wait for a party to do it!)

Salute & Say Thanks

The essence of a toast is not the liquid you drink. It’s the words you say.

A toast lets people know that you believe they’ve done a great thing. You’ve taken the time to be there and the thought to put together your speech. Both your time and your thoughtfulness lift the occasion out of the ordinary…and honor the person you’re saluting.

A toast shows that you know the person you’re honoring. That’s why the best man, the maid of honor, and the parents are logical choices to give toasts at weddings: they know what the bride or groom likes, and they have revealing stories to tell. The more you know about your donor, the better you can be at thanking them.

A toast reaffirms a relationship. When you speak publicly about what the donor has done, in a way that shows you value them as a person, you make them feel closer and more loyal to you in return.

That’s why, even if your organization is alcohol-free and you raise a glass of sweet tea instead, a toast is a unique way of thanking your donors.

Don’t Wait for the Gala!

Between the time you receive the gift and the time you hold an event, it might be months. Like a glass of bubbly that sits out on the counter, your toast might lose some of its savor if you wait that long. It will still be sweet, but a lot of the fizz will go out of it.

You don’t have to wait. Take out your camera and make a one-minute video toasting your donor. Then, post it on your website. Or send it through your social media.

If you think the donor is shy, email it to them. They will probably still share it with their family and the people closest to them.  They may even take it out and play it again from time to time, just for themselves. Like a wedding video.

 


 

You should plan to thank your donors throughout the year. But how? Every Thursday, I’ll share a different idea. Follow TY Thursday!

 

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