- Asking for Donations
- Campaign Management
- CFRE Information
- Cryptocurrency
- Database Management
- Donor Retention
- Feasibility Studies
- Fundraising Events
- Fundraising Psychology
- Fundraising Tips
- Gift Recognition
- Hospice Philanthropy
- Nonprofit Boards
- Online Giving
- Prospect Research
- Time Management
- Volunteer Management
How Much Money Should You Ask For?
Aim High, but Be Informed:
When in doubt, it's better to ask for more rather than less. This might seem counterintuitive, but experience shows you're unlikely to offend someone by asking for too much. If anything, a higher request can flatter the donor, implying you see them as someone of significant means and as someone capable of substantial impact. However, this doesn't mean you should pick a number out of thin air. The amount you ask for should be informed by careful research and consideration.
Take the Plunge into Major Gifts
6. Be Patient:
Decisions about $50,000+ gifts are not usually made overnight. If someone has accumulated that level of wealth where they can give that substantial of a contribution, they likely did not get to that point by making snap financial decisions. That is why it’s important to work on the donor’s timeline, not yours. Cultivating and soliciting major gifts takes time and patience. Celebrate small victories along the way and keep your team motivated. While it might feel like slow going sometimes, even one major gift from a single donor can cover months of work on smaller gifts.
Monthly vs. One-time Donations: Weighing the Pros and Cons for Nonprofits
Predictable Revenue: Perhaps the most significant benefit of monthly donations is the predictable revenue stream they provide. Knowing the amount of money coming in each month helps nonprofits plan and allocate resources more effectively.
How to Maximize Matching Gifts for Your Nonprofit
In the world of nonprofit fundraising, matching gifts remain one of the most underutilized sources of revenue. Many savvy donors will offer to match others charitable contributions (often to a certain amount), sometimes doubling or even tripling the original amount. So, how can nonprofits ensure they're making the most of these opportunities?
A Guide to In-Kind Donations: Everything You Need to Know
Expand Your Ask: Don't limit your fundraising efforts to just cash. Engage your donor base with diverse asks that include opportunities for in-kind contributions. If you know that the donor has the ability to provide the resources that your organization needs in-kind, ask for it!
5 Reasons You Can't Secure Corporate Sponsorships
Insufficient Value Proposition:
Businesses want a clear return on investment. For most businesses, sponsorships aren't just acts of benevolence – they're strategic decisions. If your organization fails to provide a compelling value proposition, you'll struggle to secure corporate sponsorship. Does this mean that the businesses do not care about your mission? Of course not. They are just being constantly solicited to and need to be very conscious of both their cashflow and image in the community.
How to Overcome the Fear of Asking Money
First and foremost, fundraisers need to understand that "no" is not a personal attack. Donors have their own reasons for declining to donate, and it often has nothing to do with the fundraiser themselves. Donors may have financial constraints, may not believe in the cause, or may simply prefer to donate to a different organization.
How to Bounce Back from a 'No' in Fundraising
One of the keys to bouncing back from rejection is understanding that it's not personal. Rejection doesn't mean that your pitch or your cause isn't worthy. It simply means that the timing, circumstances, or priorities of the potential donor weren't aligned with your proposal at that moment. It's important to separate your self-worth from the outcome of a single interaction.
The Art of the Virtual Ask: How to Ask for Money Over Zoom
Set the stage:
Your surroundings can significantly impact how others perceive you during a virtual meeting. Ensure your background is clean, professional, and free from distractions. Good lighting and a reliable internet connection are also crucial. Test your audio and video quality beforehand, and dress professionally (at least from the waist up) to make a positive first impression.
Data-Driven Insights for Crafting Irresistible Donation Appeals
1.Understanding Your Donor Demographics
One of the first steps in crafting an effective donation appeal is understanding who your donors are. By analyzing your existing donor data, you can identify common demographics, such as age, gender, location, and income (1). Use this information to tailor your messaging and design to better connect with your target audience.