Entries Tagged as 'Fundraising Secrets'

Fundraising Secret #96: Use Google Docs

August 17th, 2010 · 8 Comments

Have you checked out Google Docs? I keep finding remarkable ways to use this for collaboration! For example, an organization I work with recently ran a phonathon that didn’t involve asking for money, but asking people to advocate for our cause. Our database administrator did the sort and dumped hundreds of names exported onto two [...]

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Tags: 3. Ask · 4. Love (Stewardship) · Fundraising Secrets · Samples & Tools

Fundraising for your next walkathon

August 10th, 2010 · No Comments

Lately I’ve been getting lots of questions about how individuals can fundraise for walkathon events and many other -athons: bike, bowl, etc. Here are some of the ideas I’ve been offering:

First of all, good for you! Thank you for caring enough about the cause to put yourself out there and raise money for it. Our world is a much better place because of people like you. Thank you!

  • RESEARCH
    The first step in any fundraising effort is to research. By doing research up front, you–or you and your team–will lay a terrific foundation for achieving your goals. Here are some suggestions on what to do:

    1. Determine how much are you are going to raise
    2. Specifically. Not the “more-is-better” answer but how much? $1,000? $2,500?

      This will often come from the minimum amount you need to raise to be part of the event. But what if you raised more? Figure out a specific dollar amount.

    3. Find out if the nonprofit has different giving levels to recognize donors
      Often nonprofits will recognize donors by assigning them to a donor level “Founders” or “Contributors” or “Patron.” Find out if the group you’re supporting uses these and if gifts given by your friends will be recognized in this way. It’ll help later on.

    4. Develop a plan to reaching that goal
      If you’re trying to raise $2500, it’s easy to fall prey to thinking you “only” need to find 100 people to give $25.

      This just doesn’t happen.

      We’ve been studying fundraising for decades. Although this sounds wonderfully egalitarian, experience shows that people give varying amounts.

      Plus, if you only ask $25 from someone who’d gladly have given $100, you’re leaving money on the table.

      To do the research of creating a plan, go to a tool like GiftRangeCalculator.com. Plug in the amount you want to raise and the calculator tells you what size gifts you need to ask for and how many prospects you need.

      If you do it for $2500, you’ll get something like this:
      Gift Range Calculator for a Walkathon

      You’ll see that it recommends your top gift be $625–the equivalent of 25 people giving $25! A tool like this is based on decades of fundraising experience and can really help you develop a map to raising the amount of money you need.

      You’ll also see that if you get all the gifts recommended, you’ll actually raise $3200. I did this intentionally. I wanted this calculation to be conservative so that even if you miss some of the 49 gifts, you’ll still reach your goal.

      I also did this because if your cause is worth fundraising for, it’s worth raising more than the minimum!

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Tags: 1. Research · 2. Engage · 3. Ask · 4. Love (Stewardship) · Fundraising Secrets · Question Marc?

Fundraising Secret #92: Take time for yourself weekly

July 20th, 2010 · No Comments

I’m a fan of Steven Covey’s The 7 Habits of Highly Effective People. One of the most powerful concepts, in a book chock full of powerful concepts, is the idea of weekly planning. Daily planning is important, but that often amounts to no more than prioritizing emergencies. If you’re like most people, you get into [...]

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Tags: Fundraising Secrets · Samples & Tools

Fundraising Secret #79: Make Your Gift First

July 6th, 2010 · No Comments

Have you ever asked someone trying to sell you a product if they use it themselves? It can be pretty illuminating. After all, if they don’t use the product, perhaps it’s not a good one for you to use either. So too with fundraising. If you’re asking for money, be sure to make your gift [...]

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Tags: 3. Ask · Fundraising Secrets

Fundraising Secret #45: SAY THANK YOU!

March 2nd, 2010 · 1 Comment

As kids, most of us were trained to say “thank you.” Some of us even had parents that required us to write “thank you” notes to relatives that gave us gifts. So why don’t we say “thank you” to our donors? The very people that fund our mission. That give out of their hard earned [...]

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Tags: 4. Love (Stewardship) · Fundraising Secrets