The type of story that raises the most money [VIDEO]

Telling a story on how to raise money.

There’s a type of story that works incredibly well to raise money…

…an incomplete story with a current need.

Here’s a video I recorded last year with Chris Davenport from the Nonprofit Storytelling Conference that explains what I mean.

There are two reasons this video is helpful:

  1. We talk about why telling “incomplete” stories is so successful when Asking your donors for gifts
  2. I share how to tell an incomplete story, with a specific example. Chris posted the video just yesterday morning, and he’s already getting feedback on how helpful the example is.

Watch the video! It’s 11 minutes long, but it goes fast. And the ideas I share will jumpstart your fundraising this fall!

One final thing to mention: I’ll be speaking at the Nonprofit Storytelling Conference this fall in San Diego (November 2-4). And you can save $400 if you take advantage of the Early Bird special until tomorrow, September 15th.

10 Fundraising Tactics You Should Use This Fall

Want to amp up your fall fundraising? We recommend these ten tactics to all our clients because they’ve been proven to work again and again and again:

  1. Report to your donors this fall — show them what their previous gift accomplished! Your donors are less likely to give you to at year-end if they haven’t heard lately what their gifts accomplish. We often produce an October Newsletter for our clients and work hard to highlight amazing stories made possible by the donor’s gift.
  2. Reporting is especially important for Major Donors. Make absolutely certain each major donor reads or hears a story of impact each fall.
  3. Focus on your donors more than on your organization. In all your communications, emphasize the donor’s role (“You helped make this happen!”) more than your organization’s role (“We helped 347 people this year…”)
  4. Make your communications to Major Donors stand out. When sending them an appeal letter, use a nicer envelope and hand write the address. When sending them a newsletter, put it in a 9×12 envelope and don’t fold the newsletter. Trust us; it’s worth spending the extra time and money to ensure your major donors pay attention to your communications!
  5. Communicate more than you think. If you only mail your donors a couple times, mail them at least one more time. For smaller organizations who mostly use email for fundraising, please mail your donors at least twice. We recommend most organizations mail their donors at least 4 times from September through December.
  6. During December, review your list of major donors. For all majors who have not yet given a gift this year, ask them!
  7. Have a campaign for Giving Tuesday, not just one email. Email your list on Sunday, Monday and Tuesday. Pro Tip: having a match for giving Tuesday really increases results. So many nonprofits are asking for gifts that day — having gift-doubling matching funds really helps your organization stand out.
  8. After giving Tuesday, change the first/main image on your website to a simple call-to-action to give a gift before the end of the year. Keep that as the main message on your homepage until January 1.
  9. During year-end, mail another appeal letter. Most organizations only mail one letter, but they should mail two. Mail the first letter the Saturday after Thanksgiving, and mail the second letter around December 11th. The second letter will raise about 1/3 the amount your first letter raises, and it won’t reduce the effectiveness of your first letter.
  10. Send 3 emails the last 4 days of the year. Everyone’s inbox is crowded – make sure they see an email from you when they are so likely to give a gift!

Got Shame?

Shame.

Many Fundraisers and organizations feel shame about fundraising.

If you’re afraid to send out fundraising, or afraid to do too much fundraising, or afraid to ask too boldly, you might have shame around fundraising.

If that’s you or somebody in your organization, there are two ideas I want you to lean into…

1 – Fundraising Helps Donors

Remember that your organization’s fundraising gives people a chance to do something good about something they care about.

Donors already care about your beneficiaries or cause. (If they didn’t, they wouldn’t be on your mailing list.) But donors don’t have any programs or expertise!

Each time you ask donors to help, you’re giving them a chance to do something good that they would like to do but can’t do by themselves.

Are they going to say yes every time? Of course not. But are they going to say yes more than you think, if you give them more opportunities? Yes.

2 – Don’t Ask Donors to Help Your Organization, Ask Donors to Help Beneficiaries

Many organizations ask donors to support the organization. You see evidence of this approach any time you see phrases like “please support us” or “support our good work” or “partner with us” or “please give us a gift so that we can…”

In a nutshell, there’s an “us” or “our” any time the organization asks for a gift because the organization is asking for money for itself.

This exposes organizations and Fundraisers to shame, because when they receive a “no” it feels like the organization or the Fundraiser is being rejected.

Instead, ask donors to help your beneficiaries. You see evidence of this approach any time you see phrases like “please help a [beneficiary] with a gift today” or “you’ll provide X for a [beneficiary].” There’s no “us” and no “our.”

In that scenario, a “no” means the donor is saying “no” to helping a beneficiary today, not saying “no” to your organization. For the emotional well-being of the organization and Fundraiser, that’s a big difference.

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Shame about fundraising holds Fundraisers and Organizations back from creating more powerful fundraising, from raising more money, and from achieving more of their mission.

Embrace these two ideas. Not only will you enjoy your fundraising life more, you’ll raise more money and do more good.

Save the Education for Someone Who Needs It

Save the education.

Your individual donors, and the non-donors who have signed up for your email list, already care about your beneficiaries or cause.

They cared enough to give a gift, or to sign up.

So you don’t need to “educate them into giving a gift.” They already care. They don’t need to know more!

This is why donors respond better to “news about what’s going on” than they respond to “data about what’s going on.”

Here’s an example. There’s an organization called Ronald McDonald House that provides a place for families to stay when they’ve traveled to a hospital so that their child can get the care they need. They could begin a letter with the intent to educate donors into understanding how large the problem is, thinking that would result in more gifts…

“I’m writing you today to let you know that 1 in 5 families who have to travel long distances to take their child to a hospital are unable to afford a place to stay for more than two or three days.”

That’s education. Those are data about what is going on.

But what works better is a story like this…

“I’m writing you today because there’s a family in town from out of state so that their child can be cared for at Children’s Hospital. But the family can’t afford a hotel, so they are crashing in their car and couch-surfing with friends when they can.”

That’s news about what’s going on. Because it’s more emotionally engaging, more donors will continue to read. And when more donors continue to read, more donors will give gifts.

So save the education for someone who needs it before they will give, like a foundation, or a local government agency you’re making a case to, or a major donor who is an expert in your category.

Your individual donors are more interested in news about what’s going on and what their gift will do about it.

Good News and Bad News, Part II

Yin Yang.

Part I was about our belief that nonprofits are called to share the whole situation – the good news caused by their work and the bad news that causes their work to be needed.

But that’s a complex story. And do you think that today’s individual donors – who have shorter attention spans and are bombarded by more messages and information than any time in human history – are going to read and think about your complex story?

No. At least not many.

So here’s the fundraising maxim we live by:

When you only have a few moments of a person’s attention, focus your message on either the good news or the bad news.

Here’s how this works in practice:

  • You put the “bad news” in your appeals and e-appeals. These are your Asks.
  • You put the good news in your Thanks. These are your Thank You/Receipt letters and email receipts.
  • You put more good news in your Reports. These are your Newsletters.

This provides a series of messages that are easy to understand by individual donors who are moving fast. This communicates both the good news and the bad news about what’s going on, rather than hiding the news in communication pieces that attempt to tell the whole story every time.

It will also raise you more money, if the results of our customers are any indication.

And when you have more time with a donor – say at an event, or a coffee with a donor, or a grant application – then you can tell the whole complex story, sharing both the good news and the need for your work.

But in the meantime, focus each message to individual donors on either good news or bad news. By narrowing the focus, more of your message will make it through to donors, and to the world.

Good News and Bad News, Part I

Yin Yang.

If a nonprofit isn’t sharing the good news caused by their work, the nonprofit is hiding something and isn’t doing all of its job.

And equally true, if a nonprofit isn’t sharing the bad news that causes their work to be needed, the nonprofit is hiding something and isn’t doing all of its job.

You can see both types of nonprofits today. Look around and you’ll see organizations that only use the doom-and-gloom sky-is-always-falling approach that diminishes the progress being made. And you can see organizations that focus completely on success and diminish the situation that causes their work to be needed.

It’s our belief that nonprofits are called to share the whole situation. If only one kind of news is shared, a nonprofit is not giving donors a true picture. Their fundraising becomes just as polarized as a news media outlet that only shares one side of the story.

This is why our fundraising system is built on Ask, Thank, Report. When you Ask donors for support, you share the bad news that causes the work of the nonprofit to be needed. When you Thank, you share the good news that will happen because of their gift and your work. And when you Report back to donors, you share the triumphs and amazing changes that happened.

It’s yin and yang. It’s the good and the bad. It’s the full picture. It has to be a mix of good news and bad news in order to be true.

Aiming at Different Targets

Targets.

Every piece of fundraising has a purpose. Think of it as a target the organization is trying to hit.

For instance, one organization aims their appeals at “convincing donors that the organization really knows what it’s doing.”

Another organization aims their appeals at “inspiring donors.”

While another aims at “sharing what’s happening and what the donor’s gift will do about it.”

Each target results in a completely different letter.

Has your organization chosen which target your appeals shoot at, or was your target inherited or assumed? Oftentimes organizations have a target – or “internal rules” around what their appeals will and won’t talk about – without ever having realized it.

If your organization is aware that there are other targets, have you tried any of them?

Sometimes the most impressive increases in fundraising come from simply switching which target you’re aiming for.

New Competition from For-Profit Companies?!?

for-profit

Last week after the fires in Hawaii I received four emails raising money to help. Two of the four emails were from for-profit companies.

One was from an outdoor clothing brand with ties to Hawaii. The other was from an eyeglass company that, as far as I can tell, has no strong connection to Hawaii.

Both brands have values that caused them to want to help. Both were clear that the money raised would be routed to foundations assisting in the recovery from the fires.

As more companies begin to figure out what you and I have known all along – that donors like to donate and they feel good when doing so – more and more companies are going to fundraise. Companies are going to see fundraising as a tool to exercise their values and create deeper connections with their customers.

I believe this is great for donors, but bad news for smaller nonprofits.

It’s great news for donors because they are going to be given more opportunities to support causes they believe in and beneficiaries they care about. And the emails from for-profit companies are going to raise awareness for whatever issue is being talked about. These are both good, and will cause an overall increase in giving; more people are going to donate, and it’s going to increase the number of younger donors.

To put it another way, the size of the pie is going to increase.

That said, there’s more competition for the pie. This is bad news for smaller nonprofits because they are now in competition with these companies:

  • People’s inboxes are going to be full of more options to give
  • Some of these companies have teams to create and send emails – they are going to send more emails faster than a one-person fundraising shop can.

The good news for smaller nonprofits is that these companies are going to quickly return to selling shirts (or whatever). They probably aren’t going to “Report back” on the difference the donor’s gift helped make. And their fundraising will most likely focus on big, disaster/systemic issues, and less on local issues.

The other good news is that you can build trust in your organization by talking all year long about your cause and your donors – not just when there’s a disaster.

But it’s good to know that an era of increased competition in donors’ inboxes is arriving.

Stay in the Now

In the now.

When asking for support in an appeal letter or e-appeal, stay in the now.

Don’t talk about what your organization has done in the past. Don’t talk about how many people you’ve helped in the past. Don’t tell a story about someone you’ve helped in the past.

Here’s why…

In our experience, the most successful appeals focus on what is happening now and what the donor can do about it. Here are some examples:

  • There is a person who has a disease, and you can supply the cure.
  • There’s a classroom of kids that’s behind in math. You can provide the tutoring to get them caught up and even testing ahead of grade level.
  • Today there’s a person with a vestibular disorder and she’s dizzy. You can connect her to a trained physician.

You get the idea.

Anything else in the appeal that’s not about “what’s happening right now and what the donor can do about it” tends to be:

  1. A distraction from what’s going on now, and
  2. Takes up space you could be using talking about what’s going on now

You should mention and focus on the good things that have happened in the past when you are Reporting back to your Reports (usually in your newsletters). Or when you have more time to make the ask, like at an event or in a meeting with a major donor.

But when you’re asking for support in an appeal or e-appeal – when donors are doing more “scanning” than reading – it’s “what’s happening right now that a donor can help with” that is the most likely to cause a donor to give a gift.

Two Futures to Mention

I can think of only two times to mention the future in an appeal.

The first is when you share what the outcome of the donor’s gift will be. Using the examples above, that could look something like this:

  • When you supply the cure, you completely eliminate the disease from a person’s body. They will go on to live a normal, healthy life!
  • The tutoring you make possible will radically improve the students’ understanding of math. They’ll become more likely to graduate, to go to college, and even to get high-paying jobs!
  • For a person with a vestibular disorder, connecting with a physician means they’ll get a proper diagnosis and be on the path to a dizziness-free life and be able to leave the house again.

The second is to share the vision of the organization for the future. That results in examples like this:

  • Your gift will also help eradicate the disease, creating a disease-free world!
  • Our goal is to create a world where every child possesses the math and STEM skills they need to succeed.
  • We believe that every person with a vestibular disorder deserves a good diagnosis, and your gift helps us work towards that future.

But in our experience, focusing on “what’s happening now and what the donor can do about it” is the surest way to a gift in the mail and email.