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TY Thursday: Honor Your Donors

October 3, 2019 by Dennis Fischman Leave a Comment

thanks in actionI recently received a thank-you that reminded me of what I’d given, warmed my heart, and made it clear that the people saying “thanks” really knew me. When was the last time you made your donors feel that way?

My day job, of course, is consulting to nonprofit organizations to help them win the loyalty of their donors.

But my longest-running job (although just a few hours each week) is tutoring Jewish students for their bar or bat mitzvah.

It’s an intense relationship. The students, usually at a tender time in their lives, take on a complex task: reading from the Torah and prophets, and leading services, in Hebrew. They study for eight months to a year, and at the beginning, they’re not really sure they will succeed.

Bar mitzvah studyI get the joy of coaching them along and instilling confidence. On the day they actually celebrate becoming full-fledged members of the Jewish community, I’m there to prompt, but mostly to kvell (beam with pride).

Just a week ago–months after they had originally sent me a thank-you note–the family of one my students made a donation in my honor to RAICES, an organization that supports asylum seekers at the southwest border of the U.S.

They knew that I consider the way the U.S. treats these would-be legal immigrants shameful, and that my car wears the bumper sticker Never Again Means Close the Camps.

They made me smile, and they nearly made me cry. And they made me wonder: how many nonprofits are doing as well at saying “thank you” as the Newman/Nedell family?

  • Are you saying “thank you” just once, in a formal letter after receiving a gift? Or do you have a plan for thanking your donors throughout the year?
  • Is your thank-you impersonal, the same for every donor except for name and address? Or does your thank-you tell your donor you know what they care about (which is probably the reason they gave to you in the first place)?
  • Does your thank-you tell your donor, “I see you, and we are on the same side”?
You want to build a relationship of loyalty with your donors. Are you honoring them with your loyalty first? Share on X

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Fundraising Tuesday: Do You Know Your Donor’s Business?

July 23, 2019 by Dennis Fischman Leave a Comment

frustrated donorYour donors expect you to know a lot of things about them, including what they like to be called and whether or not they are a loyal, consistent giver.

Here’s one other thing you should know: when they make a donation to your nonprofit, why? What business are they in when they are giving?

Let me explain what that means with a story I know personally.

An Offer She Could Easily Refuse

My wife, Rona Fischman, owns a company and leads a team of exclusive buyers’ agents. They don’t list any property, and they don’t have any allegiance to the seller. When you buy with them, you know they are on your side, from first meeting through closing.

A big company wanted to buy out Rona’s company. They didn’t succeed, because they didn’t understand the business she was in.

First, they tried to hire her top agent out from under her. Rona had trained him and supported him through his lean years. Last year was his best year ever. He liked the relationship he had with his clients. He had no reason to join them, and instead, he  reported the offer to her.

Then, they tried to get Rona to bring her company under their wing. They showed her how successful their agents were at listing properties: precisely what Rona’s office doesn’t do!

Finally, they tried to convince her that her business model was dying. But they showed her data from other markets in other parts of the country–and they had nothing to refute her own track record. Rona was not enticed.

Knowing Your Donor’s Business

We may congratulate ourselves that we would never treat a donor the way Rona was treated. But do we really know the donor’s “business”?

What made that person give to us the first time?

If they have already made a second gift, what convinced them to renew?

Which of our causes, programs, services, or events is what really matters to that donor?

Are we the #1 organization on the donor’s list, or #21?

How does giving to our organization make the donor feel about themselves?

Your Offer to Your Donor

The vast majority of first-time donors in the U.S. never give to that same nonprofit organization again. Why? Because we don’t know our donors, we make them the wrong offer.

We call them by the wrong name.

We ask them to support the program we’re interested in–not the one that they’re interested in.

And we don’t take the time to find out what they really care about.

Nick Ellinger recently wrote on The Agitator:

What happens after the typical online donation? We thank the person. Yay! And we select as the next activity: share about your donation on social media. Boooooo…

What should you do first: ask someone to share their experience or find out if they had a good experience? Or, put another way, if someone nearly threw their computer out the window because of something on your donation form, do you want them to share this experience with their friends?…

To grow and upgrade and get that mid/major/monthly/legacy donor you seek, you must upgrade your knowledge of the donor.  You must learn why they give and give more of that to them.  You must fit yourself into the place they have for you in their heart.  What order does that happen in?

Learn first, then act.

 

 

 

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Fundraising Tuesday: How You Spend Your Summer Vacation

July 16, 2019 by Dennis Fischman Leave a Comment

For many nonprofit organizations, summer is a slow time. If you are in Development and Communications, you know that many of your supporters are at the beach or running “mommy camp” at home.

They are not spending as much time looking at the communications you send them, so you might be tempted to take the summer off.
That would be a big mistake.

Right now, you have the luxury of time. You can spend hours or whole days thinking about the basics of donor communications. When are you going to have that luxury again? Certainly not in September!

So, let’s revel in the slower pace of summer and tune up your communications with your donors. Let’s start with the fundamentals: your email list, your database, and your website.

See my tips for summer nonprofit fun at

https://developmentconsultingsolutions.com/how-your-nonprofit-should-spend-its-summer-vacation/pink flamingo water balloon

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