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TY Thursday: Best Ways to Thank Donors in 2018

February 8, 2018 by Dennis Fischman Leave a Comment

Treasure chestEvery donor you keep is a treasure. It costs more to find a new donor than to retain a previous one. The more often a donor gives, the more loyal they become to your cause and the greater the lifetime value to your organization. So, saying thank you all throughout 2018 is not just a good idea. It’s money.

Need ideas to show your donors some love? Here are 14, just in time for Valentine’s Day, from Sandy Rees.

What makes a good thank you? Here are  5 easy steps to great acknowledgments, courtesy of The Donor Guru, Lynne Wester. (And also, check out my checklist for the ideal thank-you letter.)

If you prefer to look at a template, Network for Good offers this one to adapt to your donors’ needs.

spotlightGive up the spotlight! Don’t talk so much about your organization.

If you focus on gratitude, if you focus on love, if the focus is donor-centric, there’s something in it for the donor, they’re going to go, “Wow, that was really nice” (as Claire Axelrad tells us in this video from Bloomerang).

Ann Green is right: Even if someone donates online, she should get a thank you by mail or phone. If you haven’t sent a thank you letter to your year-end donors, do that now! http://ow.ly/h2L730hSWQS 

Now, remember these wise words from Tom Ahern:

Thanking someone promptly for a gift is just good manners: the bare minimum. Thanking is necessary, not sufficient. It does not equal “donor-centricity.” Thanking alone will not lead to better retention nor any predictable increase in future support.

Actions thank louder than words. Check out my guest post for John Haydon and at the end, you’ll find five ways you can thank donors like you mean it.

Besides saying thank you to renewal donors, you could also welcome new donors on board.

And the next time you ask for money, include the words Thanks in advance–especially if you’re asking by email! (A tip from our friends at The Agitator.)

Thanking donors makes you happy, so do yourself a favor and start putting these great thank-you tips to work today.

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TY Thursday: Thank You, Donor–You’re Welcome!

February 1, 2018 by Dennis Fischman Leave a Comment

welcome buddy

What should you do when a donor gives to your nonprofit for the first time? The obvious answer: thank them. But take it another step, and welcome them, too.

The Donor Welcome Kit

Thanking a new donor is essential, if you’re going to make the donor feel like the hero of the story. Welcoming a new donor invites him or her to think of your story together as ongoing.

A welcome kit (also called a packet or package) tells the donor, “You matter to us. You’re not just a cash cow. We’re in this together for the long haul.”

What should go into a welcome kit?

Pamela Grow suggests:

Typically your welcome package would go beyond a mere thank you letter to include items such as photographs, surveys, a benefits brochure, even a small gift such as a bookmark. Send them in an oversized envelope marked with a bold “Welcome!”

You can download a  kit that Pamela likes, from Mercy Corps, for an example.

How do you sound welcoming?

When you’re welcoming a donor, avoid any hint of a business transaction. The welcome kit is not an item they’ve purchased. It’s not a premium, or even a gift to a customer. It’s  a warm smile and a hug, delivered through the mail.

Nancy Schwartz advises, “Imagine you’re welcoming a new member of the family, perhaps your sister’s husband to be. You want to make him feel like a part of the family.”

breadAnother way to think about it: Rebecca H. Davis says you want your new donor to feel  “like you’ve just handed them a loaf of warm, homemade bread and told them you are really glad they showed up on a cold, rainy Sunday morning.” Mmm, yummy!

 

How soon should you send your welcome kit?

Everything moves faster today than it did only a few years ago. You probably have heard that donors should get a thank-you letter within a week of sending their gift. Within two days of the time you receive it is even better…and if you call them on the phone within those two days (according to Tom Ahern), first-time donors who get a personal thank you within 48 hours are 4x more likely to give a second gift.

The same applies to the welcome kit: the sooner, the better.

“Mail the welcome pack out right after you receive the gift,” Nancy Schwartz advises. “Send it first class if you can swing it. Your donor has to receive it within two weeks of making their gift for full impact.”

Welcome by mail and email too

Happily, a lot of donors are giving online these days. Your nonprofit gets their gift almost instantaneously. That makes it easier for you to thank them, and then to welcome then, as soon after they donate as possible.

It also poses a problem. You may not receive the donor’s physical mailing address. At first, all you may have for them is an email address. Does that keep you from sending a welcome kit?

Don’t let it stop you. Here are three steps you can take to welcome online donors:

  1. Create a welcome series of emails. You can gradually share more information that makes your donor feel happy they decided to give.
  2. Interact online. In your welcome series, invite your donor to follow you on social media. Be sure to post content that they will like and share. Take good note of when they do, and which posts of yours grab their attention. That tells you what they really care about–and if you send them more content just like that, they will feel listened to.
  3. Ask for their mailing address. In your welcome series, tell your first-time donor why it will be worthwhile for them to get something from you through the mail. Not “we want to send you this.” Rather, “Because you care about ___, this is something you’ll want to see.”

Thanking your first-time donor is vital, but really, it’s the least you can do. Making them feel like an essential part of the cause you both care about: now, that’s really laying out the welcome mat!

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TY Thursday: Are You Leaving Out the Actual Thanks?

December 14, 2017 by Dennis Fischman Leave a Comment

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

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 ever forget to say thanks?

Sarah Gallo, who’s on Twitter as @5foottraveler, followed me one 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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