The Ultimate Checklist for Recognition Budgeting
Key Takeaways:
Purpose of Donor Recognition:
Builds donor loyalty, enhances engagement, strengthens fundraising outcomes, and fosters positive public relations.
Types of Recognition:
Includes naming opportunities, donor walls, events, personalized thank-you notes, and public acknowledgments.
Spending by Giving Level:
Signature Giving: Allocate ~2% of gifts to formal recognition like plaques or signage.
Planned Giving: Use donor walls and listings to honor legacy gifts.
Annual Giving: Higher initial recognition (10–20%) to encourage future contributions.
Budget Metrics:
Thank-You Cards: $1–$2/card.
Donor Appreciation Events: $10–$30/person.
Donor Walls: $500–$20,000+ (one-time setup and maintenance).
Keys to Success:
Involve volunteers, prioritize personalization, and creatively stretch budgets while emphasizing recognition’s role in donor retention.