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TY Thursday: Your Checklist for the Ideal Thank-You Letter

June 9, 2016 by Dennis Fischman 1 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 nearly halfway through 2016. I’ve made some donations this year, and received some thank-you letters. Here’s how they compare to the ideal, on 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.

Get ready now to send out the ideal thank-you letter this year!

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Fundraising Tuesday: Nonprofits, Emphasize Donors

June 7, 2016 by Dennis Fischman 2 Comments

What your nonprofit organization can do depends on where it gets its money.

funding sources

How do your funders shape what you do?

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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Why Should Anyone Like Your Facebook Page?

June 6, 2016 by Dennis Fischman 1 Comment

Facebook like

Our nonprofit is considering doing a targeted Facebook campaign for more “likes” and to expand our mailing list. Has anyone used it, and has it worked for you?

Maybe you’ve heard this question before.  Maybe you’ve even been the one who asked it.

But there’s another question that any nonprofit organization should ask before investing more time on Facebook. Why should anyone like your Facebook page?  What’s in it for them?

We’re All Busy People

Remember that people are busy.  Even if they know you–even if they care about the problem your organization is trying to solve–they have limited time.  Spending some of it on you may mean spending less time on their friends.  Or their hobby.  Or sleeping.

Why is liking your page worth their while?  Will you make them smarter?  Will you make them smile more often?  Can they find unique information on your page?  Can they find other like-minded people actively discussing issues that interest them all?

What to Do First

Before going for more likes, take a hard look at the Facebook page you have.  If very few people have liked or shared your posts, and almost no one has commented,  does your base of supporters find it useful now?

If you’re not sure, ask them. That might give you the information you need on how to attract new supporters. It will surely tell you how to get your current supporters more engaged.  Because you want more than “likes.”  You want a page that people can’t wait to visit again!

Here’s a few ideas that might make your Facebook page a magnet for supporters:

  1. Post a provocative question, and prime a couple of your supporters to respond to it right away. Once they get the ball rolling, more people who follow your page may join in.
  2. Do a poll, and promise to let everyone know the results. (Again, plant a couple of quick responders in your audience.)
  3. Get someone who’s well-known in your community to tell the story of when your services (or services like those you offer) saved their life. Get local journalists to cover the story too, including the link to your page.

Frankly, it’s a waste of time trying to get new people to like your page until you have more reasons for them to come back to it regularly. “Because we want them to participate in our auction” is YOUR reason. You have to find THEIRS.

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