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TY Thursday: Let Your Actions Say Thank You

September 7, 2017 by Dennis Fischman Leave a Comment

Action speaks louderAre you trying to come up with more and better ways to thank your donors? Sometimes, what you need is not a new and improved thank-you letter, video, gift, or donor appreciation event.

Sometimes you just have to give the donors what they want.

What do the donors want?

Tom Ahern, the dean of donor communications, says the content donors want is the answers to the questions, “What did you do with the money I gave you? What difference did it make?” And they want the joy of feeling they have helped make the world a better place.

Take Tom’s advice and you’ll know what to put in your newsletter (and on your website, and on your social media)–and what to leave out. Put in stories about real people whose lives are better “because you helped.”

Everything else–the grant you got, the award your Executive Director won, the amount of money you have to raise before your fiscal year end–is what you should leave out. Unless you can find a way to present it so that your donors feel great about themselves! Then, include it. But check with some actual donors first!

Kivi Leroux Miller, who’s always both practical and inspiring, says donors want giving to be easy–and after they give, they want you to know who they are.

Take Kivi’s advice. Giving can be easy if your website has a good landing page and if once they give, you immediately acknowledge the gift (so they know “it worked!”)

Knowing who your donors are is so vital, and yet so neglected! “It’s amazing how little many nonprofits can tell you about their donors beyond their giving history, and that makes good marketing and fundraising tough,” Kivi says. If you know what your donors care about–including interests that don’t seem at first to touch on your mission–you can send communications that make them feel “This was written just for me.”

Joe Garecht, The Fundraising Authority, says donors want non-reciprocated value. In other words, be generous to them, too! Don’t just trade return address labels for a donation.

Take Joe’s advice. Find ways to be helpful to your donors, without expecting anything in return, “such as when you come across two donors who might find value in working together in their businesses, and offer to set up and attend a lunch meeting to introduce them.”

Customer service is the best thank you.

People in business know that their customers’ experience with them is reason those customers come back–or don’t. No amount of advertising can overcome a customer’s interaction with an employee who is rude, inattentive, poorly informed, or just plain unhelpful.

For nonprofit organizations, donors are our customers. Yes, they are “buying” services for other people–our clients! But customer service is still the key to seeing those donors again. Let’s put it in terms that fit the nonprofit sector:

The best way to thank your donors: think about what matters to the donor--and give it to them. Share on X

What have you done for your donors that they will remember with a smile?

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Fundraising Tuesday: Nonprofits, Emphasize Donors

August 29, 2017 by Dennis Fischman Leave a Comment

funding sources

How do your funders shape what you do?

What your nonprofit organization can do depends on where it gets its money. So says Jon Pratt, executive director of the Minnesota Council of Nonprofits, in a classic article in the Nonprofit Quarterly.

“The way an organization handles decisions about funding sources sets in motion an ongoing chain of consequences, further decisions and compromises about what the organization will and will not agree to do.”

How Reliable is Your Funding?

Pratt tells us that generally you can judge how reliable your funding is by determining where it’s coming from.

Three levels of reliability:
High reliability: United Way support, rental income, advertising, small-medium sized individual contributions, endowments, memberships.

Medium reliability: Ongoing government contracts, third-party reimbursements, major individual contributions, fees for services, corporate charitable contributions.

Low reliability: Government project grants, foundation grants, corporate sponsorships.

Unfortunately, in my experience, small nonprofits depend mostly on low-to-medium reliability funders. That’s why so many of us are constantly scrambling for new grants and contracts…even if it hurts our existing programs.

How Much Freedom Does Your Funding Give You?

You can also judge how much freedom of action your funders are likely to give you.

Three levels of autonomy:
High autonomy: small-medium sized individual contributions, endowment, memberships, fees for services, foundation operating grants.

Medium autonomy: major individual contributions, corporate charitable contributions,

Low autonomy: Third party reimbursements, government project grants, ongoing government contracts, foundation project grants, United Way support.

Again, I think it’s unfortunate that even fairly large community organizations have to depend so much on  low-to-medium autonomy funding sources. 

That’s why so many of us spend so much time on compliance and reporting–and when we want to start something new, it’s why we have to work extra hours to do it.  We can’t pay for new programs with restricted funds.

One Key Takeaway:

Individual contributions are highly reliable AND they provide a high degree of autonomy.  They’re the best of both worlds.

Nonprofits should be spending more time and money cultivating individual donors.  That means we need to invest more in communications with our supporters: in person, by mail, by email, and through social media.

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TY Thursday: Checklist for Your Ideal TY Letter

August 24, 2017 by Dennis Fischman Leave a Comment

recipe for TY letterOne of the most popular posts on this blog is called The Ideal Thank-You Letter Went Out Today! It lists seven ingredients you need to stir in to your thank-you letter to make sure donors will read it, appreciate it, and remember it when you ask them to give again.

It’s more than halfway through 2017. I’ve made some donations this year, and received some thank-you letters. Here’s how they compare to the ideal, a checklist of all seven points.

1) Called me by name.

Happily, 100% of the TY’s my wife and I received got this right. Nobody said, “Dear friend.” 10% started out “Dear Mr. and Mrs. Fischman,” and another 10% called us by our first names and last name. 80% used our first names, like friends.

2) Confirmed how much I gave you.

Again, 100%. This is progress! But that’s where the good news ends.

3) Told me how my gift would make a difference.

Nearly all the letters bragged about the organization’s work and cast me as a very junior partner. I read a lot of general statements about how the organization couldn’t do its work without me. They were flattering, but not very convincing.

About a third of the letters included statistics about how many people the organization helped–but I know my $50 is not “providing care to 30,000 patients.” So, that statistic doesn’t mean much to me.

One in ten of the letters reminded me of the problem we both worried about and the solution my donation could help provide: in other words, the things that made me want to give to the organization in the first place. Thank you to those who did! You made me feel good about my gift all over again.

Only one in ten really got it right. Those were the nonprofits who drew a direct connection between my gift and a specific result I cared about. Here’s my favorite example, from Wellstone Action:

Every time a Wellstone-trained progressive convenes a press conference in Oregon, or turns hundreds of young people out to vote in Wisconsin, or is elected to public office in rural Idaho, they have you to thank.

4) Illustrated my impact with a story. 

None. Zip. Zilch. Not one of the thank-you letters I received used storytelling to make me feel and remember what my gift accomplished…or why I should I give again.

Nonprofits, I’m disappointed in you! Let me help you figure out how to recognize, collect, recall, and use good stories in your thank-you letters in the future. Sign up for a webinar,  Where’s the Story Here? Nonprofit Storytelling for Fun and Profit.

5) Included a photo or image.

I saw more organizations getting visual in their TY’s this year–but still only 20%. And only half of them used an image to show me the people I’m supporting, and captioned them in their own words. That was what I appreciated most. (I’m talking about you, Interfaith Worker Justice!)

6) Told me about how else I can help.

30% of these letters included the dreaded “thask” (a thank-you and a new “ask” on the same page). And I know some organizations raise more money in the short term with this tactic–but in the long run, you will burn through donors instead of making them loyal friends.

I liked the organizations that gave me a chance to see my money at work as the year goes on, on their websites.But that was about them. What could I do, besides give more money?

The Rosenberg Fund for Children’s Jennifer Meeropol “enclosed a card and sticker for our campaign calling on President Obama to exonerate my grandmother, Ethel Rosenberg. You can learn more and sign & share the petition at www.rfc.org/ethel.” That’s the call to action I’m talking about!

7) Signed it by hand, and wrote something just for me.

All of these thank-you letters included photocopies of a personal signature. As far as I could tell, none of them were actually signed on the spot. That might be too much to expect from a national organization, but if you’re a local organization with a smaller mailing list, this might be your chance to stand out from the crowd!

Only 20% of the organizations had added a personal note to the thank-you letter. This dismays me. Sure, it’s harder to send a TY in a timely manner AND personalize it–but it’s worth doing both. And it gets easier if you have a good donor database and a story bank, right at hand.

Please use this post as your checklist when you thank donors. Get ready now to send out the ideal thank-you letter this year!

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