Can Nonprofits Turn Previous Failures Into Future Success?

Listen to any conference speaker, self-help guru or tech entrepreneur and you are sure to hear about their failures. Of course, they are speaking because they turned their failures into lessons that helped them succeed. Can you imagine going to a funder and telling them that you had to close down … [Read more...]

Set New Fundraising Goals for the Year? Make Sure You Have the Resources to Succeed

It’s a few weeks into the new year and, hopefully, you have set your new fundraising goals for the year.  And, if you intend to achieve those goals, we also hope that you have a fundraising plan with a stewardship calendar) in place. There is a reason for the adage, “A goal without a plan is just a … [Read more...]

Which is Easier? Getting a Teenager into College or Getting New Donors in December?

We are starting the college process with my 16-year-old twins. What is amazing when you look at the 3000+ colleges in the country is that there are 3,000+ colleges in the country. That means that if a child wants to go to college, there are plenty of options. And not every child wants to go to an … [Read more...]

Say Goodbye to a Board Member Without Saying Goodbye

A close friend, Alex, told me an all-too-common, disheartening story about a nonprofit board she left a few years ago. She was a founding member of a small nonprofit’s board of directors. She was an active volunteer, and one of their major donors, for two terms before deciding it was time to step … [Read more...]

This Summer, Focus On $50 Donations – 7 Reasons Why

As fundraisers, we spend a lot of time on major donors–whether finding, cultivating, asking, and/or stewarding them. It seems to make sense, it’s quite difficult to meet your annual goal $50 at a time.  But, that doesn’t mean that the smaller donors are not essential to your organization.  In fact, … [Read more...]

Assessing Your Nonprofit’s Donors and Prospects: Annual Fund Segmentation Strategies

Solicitation strategies start with assessing the current situation. Do you treat all your prospects and donors the same? Should you? You should have a development plan for all prospects and a stewardship plan for all donors. But, you should not plan on having the executive director meet with … [Read more...]

It’s Time for You to Evaluate Donor Retention For the Past Year

It’s early March, which means your end-of-year appeal numbers should be in your system. Now, it’s time to evaluate donor retention rates. In addition to focusing on how much you your end-of-year appeal raised for annual funds, it’s time to dig a bit deeper. Do you know the: Number of PYBUNTs … [Read more...]

What is Monthly Giving and Why It Matters

Part 2 in Creating a Monthly Giving Program As I wrote last month in the introduction to this series, six out of every ten donors will stop giving to your organization next year. This trend is going in the wrong direction. But you can retain more donors with the right strategy. The donors currently … [Read more...]

Creating a Monthly Giving Program: A Solution to Donor Retention and Financial Sustainability

Part 1 in Creating a Monthly Giving Program Last Saturday evening, we went out to dinner with friends with whom we went to college more than 50 years ago. One friend asked me if there was something new in fundraising. I wondered what she meant. She told me that they had made a modest—for … [Read more...]