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TY Thursday: How to Turn a First-Time Gift into a Renewal

December 15, 2016 by Dennis Fischman Leave a Comment

For many nonprofit organizations, December is a time to worry. Will you see checks in the mail (or clicks on the Donate button) from the donors who gave last year? You have a right to worry. In the U.S., only 30% of first-time donors to nonprofit organizations renew their first-time gift the next year.

You read that right! If you’re like most nonprofit organizations, more than 2 out of every 3 new donors will give to you once and then forget all about you.

You can curse your fickle donors. You can rip the month of December out of your wall calendar, or scroll past it on your computer. Or…

You can turn that first-time gift into a renewal.  In one week. This week.

Here’s how.

The One-Week Impact Report

A massive earthquake killed thousands in Nepal and India on April 25, 2015. The massive 7.9 magnitude earthquake hit Nepal with devastating force less than 50 miles from the capital, Kathmandu.

Nepali girl near Kathmandu

Nepali girl near Kathmandu

My wife and I know people who come from Nepal, and the images of the devastation touched our hearts. So, within two days of the earthquake, we made a small donation of $50 through the international charity Global Giving.

We received a report from Global Giving about what they were doing with the donation and what difference it made.  Not in December. They emailed us on May 6–one week after our first-time gift!

Global Giving made a convincing case that they knew the organizations on the ground that could use the money well. They told us what those organizations were doing. For instance:

The Nepal Youth Foundation is providing emergency supplies to hospitals, sheltering and caring for people discharged from hospitals who cannot return home, particularly women and children.

Global Giving didn’t stop there. “You can click on the link to any of the individual projects to see the updates they’ll post about how they are using the funds,” they told us. “We have also posted a link to frequently asked questions on the page.”

All this for a $50 donation. All this, in the first week.

When Rona and I give again to Nepali relief, why wouldn’t we channel our donation through Global Giving?

A First-Time Gift Deserves More Than a Thank You

Now, I know a lot of nonprofit organizations are still struggling to send a timely, personal thank-you letter. And if you’re one of them, absolutely, do all you can to make that happen. But that’s the minimum that donors expect.

As fundraising consultant Alan Sharpe says:

The secret to getting donations for your non-profit is to give donors what they want. People give to causes to make a difference in others’ lives. And what donors really want to know is how their donation will help people.

Are you telling donors the impact of their first-time gift? Start! Do it this week…and continue throughout 2017, to make next December even better.

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Nonprofits, Sit Around the Campfire and Share Stories

December 12, 2016 by Dennis Fischman Leave a Comment

Where do you see yourself in five years?  That’s a classic interview questionStories at Work. But it’s a question that nonprofit organizations should ask themselves too–and the answer should be a story.

Not just a number. Saying “We’re going to serve 25% more people” is fine, but it says nothing about how you’re going to reach that objective.

Not just a statement. Saying “We’re going to offer art education to every student in our neighborhood” is inspiring,” but without a vision of how to get there, it may remain empty words.

Telling the Where Are We Going Story (as Andy Goodman of the Goodman Center calls it) is a way to share your vision, inspire your people, and make them all the heroes of the story. It’s the only way of describing the future that helps create it, too.

Where Are We Going?

I can think of two different ways of telling the story of what will happen if your organization succeeds. One is what the world will look like at the end. The other is the travelogue of how you intend to get there.

Take the statement we made above: “We’re going to offer art education to every student in our neighborhood.”

Story #1: Five years from now, a mom walks into our center. By her side a small boy stands, fidgeting, not meeting our eyes. “My son draws all the time, and he’s good,” Mom says. “But no one ever taught him how to get better.”

“We will,” you say. “Sign up right here. Son, do you draw with pencils, crayons, or computers?”

Story #2: Tomorrow, we’re cleaning up that classroom. Next week, we’re hiring an art teacher. He gets a budget to go buy supplies. In the mean time, we’re going to put the word out with flyers, email, and social media, in English, Spanish, and Chinese, that we have an art program for children who live in this neighborhood.

This year, we’ll arrange with the museum for free field trips. We’ll take children’s artwork and tell their stories to local businesses and raise money for the program. We’ll expand. In five years, everybody will know about it, and we’ll have enough teachers, supplies, and space to serve everyone who wants it. (That’s where Story #1 begins!)

Storytelling around the fire

Businesses Use Storytelling Too

“We’ve never had a policy manual. The way we pass along our values is to sit around the campfire and share stories.”

That’s the CEO of a $1.3 billion company talking.

Elizabeth Weil, in Fast Company magazine, interviewed many business leaders about the power of storytelling. The Where We Are Going story is a basic tool of corporate leadership.

“Leadership is about change,” says Noel M. Tichy, a professor at the University of Michigan Business School and the coauthor of The Leadership Engine (HarperBusiness, 1997). “It’s about taking people from where they are now to where they need to be. The best way to get people to venture into unknown terrain is to make it desirable by taking them there in their imaginations.”

In other words, by telling them stories.

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TY Thursday: Don’t Forget the Thank-You

December 8, 2016 by Dennis Fischman Leave a Comment

Do you follow @DennisFischman on Twitter? If so, I’ve thanked you–I hope.

If I forgot, I apologize! But if you’re a nonprofit and you forget to say thank you, then you owe an apology to your donor and to yourself. Don’t forget!

Twitter thank youHow I forgot to say thanks

Whenever anybody follows me on Twitter, I make a point of saying thanks. I don’t always follow back. That depends on what you usually tweet about and whether it’s interesting to me.

But I do say “thanks”–because, out of the gazillion people on the web, you chose to spend some attention on me.

So how could I forget?

Sarah Gallo, who’s on Twitter as @5foottraveler, followed me on Sunday. I wanted to tweet back at her, “TY to @5foottraveler for following!” I copied and pasted her Twitter handle and added the “for following” part, and I was just about to schedule the tweet when I noticed something was missing.

That’s right. The “TY” part.

Fortunately, I caught it in time. But because I even came close to leaving out the thanks, I want to say to Sarah publicly, “Thanks, and safe travels!”

thank you signs

Nonprofits, Don’t Forget to Thank Donors

At your nonprofit, when you acknowledge donations, are you making the same mistake as I did? Are you leaving out the actual thanks?

You could be, if:

  • Your letter reads like a tax receipt instead of a personal note.
  • You’re talking about what a great organization you are, instead of what great things the donor’s gift is going to accomplish.
  • You’re congratulating the donor on helping you achieve your mission, instead of showing how you are going to help the donor realize his or her goals.
  • When you receive an online gift, you send out an auto-response but never follow it up with an individualized letter or email.
  • You send out the ideal thank-you letter but then don’t communicate again with the donor until it’s time to ask again for money.

Donor love means never having to say you’re sorry. Don’t forget to thank your donors in a way that’s clear, timely, ample, honest, and ongoing. You won’t regret it.

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