Tag: year-end

Fundraising in the 2024 Election Year – The Year-End Rally

Jim Shapiro  |  Ask
Year-end 2024.

We’ve talked about what to do The Noisy Spring, The Summer Slump, and The Election Storm.

Today we’ll show you how to have a strong year-end AFTER the election dust settles (mid-November – December).

The Year-End Rally

A few days after the election, donors will be ready to refocus their attention and their philanthropic priorities.

There will be a rally.

But you need to be ready to hit the ground running.  The election will have taken almost the entire fall.  And Thanksgiving is late this year, which means there’s a week less of the prime giving season between Thanksgiving and New Year’s. So the Saturday or Sunday after Election Day is GO TIME.

Here’s your “after election” game plan to have a successful year-end campaign:

  1. Launch targeted year-end campaigns that tap into your donors’ desire to make the world a better place with their year-end giving.
  2. Your campaign will work best if you use themes and emotions that are likely to resonate with donors post-election (unity, hope, the importance of your mission) AND make it clear that there’s work to be done and the donor’s help is needed.
  3. For major donors, talk about the transformational impact of their gift. They’ve spent the last few months hearing a lot of negative political discourse – counter that by asking them to make big, positive change in the lives of your beneficiaries or in the communities you work with.
  4. Consider adding a gift catalog to your year-end fundraising campaign. Donors love gift catalogs because they don’t feel like fundraising. If you do international or mission work, a gift catalog is as close to a slam dunk as there is in fundraising. Because they’re somewhat time-intensive to create, use the quieter summer months to create one.

The 2024 election year poses real challenges for nonprofit fundraising.

But with every challenge comes an opportunity. And the nonprofits that have a strong fundraising year will be the ones that are nimble, who adapt their plans to the four phases of the election cycle.

Resist the urge to communicate less with your donors this year. In a year of increased competition for your donors’ attention, you need to keep communicating, keep telling great stories, and keep focusing on the change your donor’s generosity will make.

The fundraisers and organizations that get creative, adapt, and stay committed to their donors (and the cause) during the election year will be in a great spot. Be one of those fundraisers — and you’ll be able to reach your fundraising goals and keep making a real difference in your community.

Click here to download the FREE whitepaper, Fundraising in the 2024 Election Year. You can also watch a video of Jim Shapiro presenting – and answering questions about – this helpful information.

Read this series of blog posts:

Don’t Let Your DAF Donors Fall through the Cracks of Your Thanking Process!

Sarah Lundberg  |  Thank
Crack.

Could you imagine a situation where one of your most dedicated and generous donors gives your organization a gift… and you never acknowledge or thank them?

That would never happen, right?

But it’s happening accidentally more and more often…

More and more donors are giving gifts through Donor Advised Funds (DAFs).  Because the gift is often labeled as from “Fidelity Charitable” or “Network for Good” (or something similar), the donor who initiated the gift mistakenly goes un-acknowledged and un-thanked.

You might remember that a few years ago, when Twitter was still Twitter, there was an account called The Whiny Donor.

Whiny was a gift to the nonprofit world because she Tweeted what other donors were thinking but not saying.

And Whiny had some experience with DAF giving…

Yikes!

Another gem…

Whiny has since stopped Tweeting, but what she experienced as a DAF donor is still too common.

And here’s the thing… if this is happening to your donors, most of them won’t complain. They’ll simply stop giving because they start to feel like their giving doesn’t matter.

That’s why it’s so important to thank and steward your DAF donors.

As you’re looking at year-end reports, make note of any gifts that came from a Donor Advised Fund (DAF) like Fidelity Charitable, Schwab Charitable, Vanguard Charitable, Network for Good, or any community foundation. Double-check to make sure the donor who initiated the gift was thanked.

If you’re unsure whether a DAF donor has been thanked, reach out with a phone call, a handwritten note, a personal email thanking them for their kind and generous gift — I’m sure you would put a smile on your donor’s face.

Donors who give through DAFs are some of your org’s most faithful donors. You can stand out from the crowd by doing an excellent job of thanking and stewarding them when they give through their DAF.

Almost Done, My Friends

Steven  |  Year-End
Almost there.

This is just a note of encouragement that you’re almost done with year-end fundraising. 

All the sweat, and stress, and extra hours… they are almost over.

And they were worth it.

You created fundraising that inspired and encouraged your donors to give gifts.  They did so joyfully.  Your beneficiaries will be helped, your donors will feel more connected.

You didn’t manipulate anybody, you didn’t twist anybody’s arm.

Every gift that came in was an act of generosity.  Some of them were acts of sacrifice.

And they all happened because you created and sent out your fundraising.

Well done, and good luck the next couple of weeks!

What Small-Shop Fundraisers Should Do at Year-End

Steven  |  Year-End
What Small-Shop Fundraisers Should Do at Year-End

You Don’t Have Time to Do Everything

Those silly consultants. They give you a list of fifty-four things to do, but you only have time to do four of them.

I get it. (And I am guilty of it at times.)

But if you only have time to do four things … do you know which four are the most important?

My List for Small-Shop Fundraisers

If I were doing the fundraising for a small organization with limited resources (and time!) here’s what I’d do, and the order I’d do them in:

  1. Manage your major donors. Don’t just hope that they give a gift before the end of the year, manage them toward doing it! Know who your top donors are. Be in touch with them. Know exactly who hasn’t given a gift yet this year. Ask them to give a gift to help your beneficiaries or your cause (not to give a gift to your organization). Tell them their gift is needed now, and tell them their gift will make a difference.
  2. Write and send your year-end letter. Make sure you send out a great year-end letter that powerfully asks donors to give a special gift before the end of the year.
  3. Write and prep your year-end emails. Be sure to have at least three emails prepped for the last three days of the year. Remember that they can be very similar; you don’t have to reinvent the wheel each time.
  4. Update your website to ask for a year-end gift. It’s been true of every organization I’ve ever worked with: a LOT of people will go to your website in December with the express purpose of making a gift. If the first thing they see on your home page is a clear call-to-action and a large button, you will raise more money than you expect.

That’s it! If you can only do four things, do those four.

Make sure you do a great job on each of those before doing anything else.

If you can only do three things, do the top three.

And so on.

Just remember that year-end is the easiest time of the year to raise more money than you expect. And your donors are wonderful but busy people! So communicate to them as much as you can. You’ll love how much money you raise!

What Small-Shop Fundraisers Should Do at Year-End

Steven  |  Year-End
What Small-Shop Fundraisers Should Do at Year-End

You Don’t Have Time to Do Everything

Those silly consultants. They give you a list of fifty-four things to do, but you only have time to do four of them.

I get it. (And I am guilty of it at times.)

But if you only have time to do four things … do you know which four are the most important?

My List for Small-Shop Fundraisers

If I were doing the fundraising for a small organization with limited resources (and time!) here’s what I’d do, and the order I’d do them in:

  1. Manage your major donors. Don’t just hope that they give a gift before the end of the year, manage them toward doing it! Know who your top donors are. Be in touch with them. Know exactly who hasn’t given a gift yet this year. Ask them to give a gift to help your beneficiaries or your cause (not to give a gift to your organization). Tell them their gift is needed now, and tell them their gift will make a difference.
  2. Write and send your year-end letter. Make sure you send out a great year-end letter that powerfully asks donors to give a special gift before the end of the year.
  3. Write and prep your year-end emails. Be sure to have at least three emails prepped for the last three days of the year. Remember that they can be very similar; you don’t have to reinvent the wheel each time.
  4. Update your website to ask for a year-end gift. It’s been true of every organization I’ve ever worked with: a LOT of people will go to your website in December with the express purpose of making a gift. If the first thing they see on your home page is a clear call-to-action and a large button, you will raise more money than you expect.

That’s it! If you can only do four things, do those four.

Make sure you do a great job on each of those before doing anything else.

If you can only do three things, do the top three.

And so on.

Just remember that year-end is the easiest time of the year to raise more money than you expect. And your donors are wonderful but busy people! So communicate to them as much as you can. You’ll love how much money you raise!

Resource for You

Need help with your year-end letter or emails? We’re having a sale on the year-end fundraising training over at Work Less Raise More. You can have your year-end fundraising letter and emails done in less than a day. Check it out to see if it’s a good fit for you and your organization!

Fundraising is a Pie-Eating Contest

Steven  |  Repeat
Pie eating.

It’s the best line I’ve ever heard about fundraising:

Fundraising is a pie-eating contest and the prize for the winner is… more pie!

Feels true, doesn’t it? You have a great fundraising year, and the result is that you’re asked to raise 7% more the next year.

It’s a great, crazy job we have.

My hope for you is that you ate a lot of pie this year, and you get a few days off to enjoy it.

Enjoy your holidays… more pie awaits!

Major Donor Focus: Getting the Gift before Dec. 31

Jim Shapiro  |  Major Donor Fundraising
Phone call.

I know you’ve worked feverishly to get to this point. It’s almost the end of the calendar year.

Thankfully, there’s still time to raise a significant amount of money from your Major Donors.

Here are two simple things that you can do today to give yourself the best chance to secure significant year-end gifts from major donors.

  1. Identify your Major Donors who haven’t given in the last 90 days. Their last gift may have been in May, June, July, or even August. These are the people who are most likely to send you another gift as the year comes to a close. But only if you give each Major Donor a compelling reason to do so.
  2. Present a compelling offer. When you ask each Major Donor for their year-end gift, your offer must be compelling. In your ask, stress the urgency and the relevancy to the donor. It might be a funding need or financial shortfall. Perhaps the pandemic has added some unexpected expenses to your budget. Or a large grant has fallen through. You might even have an initiative for 2021 that needs seed money to grow. Whatever your offer is, present each Major Donor with a compelling reason to give before December 31.

Once you’ve identified the Majors that didn’t made a gift in the last 90 days, and you have a compelling offer to present, it’s your time to shine.

Pick up the phone, send some emails, schedule a Zoom meeting – leverage all methods of communication. But do it with urgency, because there’s still time – and your Majors haven’t run out of money!

MAJOR DONOR FOCUS: Getting the Gift before Dec. 31

Jim Shapiro  |  Major Donor Fundraising
Phone call

I know you’ve worked feverishly to get to this point.  It’s almost the end of the calendar year.  But your work isn’t done.

There’s still time to raise a significant amount of money from your Major Donors. 

Here are two simple things that you can do today, to give yourself the best chance to secure that year-end gift.

  1. Identify any Major Donor who hasn’t given in the last 90 days.  Their last gift may have been in May, June, July, or even August.  These are the people that are most likely to send you another gift as the year comes to a close.  But only if you give each Major Donor a compelling reason to do so. 

  2. Present a compelling offer.  When you ask each Major Donor for their year-end gift, your offer must be compelling.  Ensure it’s urgent, relevant, and needed now.  It might be a funding need or financial shortfall.  Perhaps COVID has added some unexpected expenses to your budget.  Or, a large grant has fallen through. You might even have an initiative for 2021 that needs seed money to grow.  Whatever your offer is, present each Major Donor with a compelling reason to give before December 31.

Once you’ve identified the Majors that didn’t made a gift in the last 90 days, and you have a compelling offer to present, it’s your time to shine.

Pick up the phone, send some emails, schedule a Zoom meeting – leverage all methods of communication.  But do it with urgency, because as we mentioned in this previous blog post, there’s still time, and your Majors haven’t run out of money. 

MAJOR DONOR FOCUS: Better Manage your Majors in the New Year

Jim Shapiro  |  Major Donor Fundraising
Hi I'm a Donor

It’s been a challenge for many organizations to secure Major Donor gifts this holiday season.  And while it’s not over just yet, I want to begin to look forward and suggest how you can manage your Major Donors when the new year arrives.

To unpack this further, let’s put our Majors into two simple buckets – those who gave a gift in November or December, and those who didn’t.

Majors Who Gave a Gift

Those that gave a gift in November or December should be treated differently than major donors who held onto their gift.

First and foremost, we want to genuinely thank Majors who made a gift.

Regardless of the amount, The Better Fundraising Company has often talked about the benefit of following a busy holiday and year-end with a month of gratitude.  We call it Thankuary. 

Thanking your donors, Majors especially, is a great way to help secure future gifts.  So, now is the perfect time to start preparing thank-you notes, cards, emails, and letters to ensure that your most generous donors feel your love and gratitude.

If you’d like to see how to apply Thankuary at your organization, you can download a free cheat sheet, here.

Majors Who Didn’t Give a Gift

There are a variety of reasons why your Majors may not be making a gift in November or December.  Yet whether it’s uncertainty around the economy or the effects of the pandemic, there are a few things you can do in January to help secure a major gift.

Firstly, be ready to present your Majors with a good offer.  It might be an urgent cold-weather need, an opportunity to provide a match, or even a vision for 2021 they can fund or support.  But whatever the offer is, make sure it’s relevant to the donor and the season.

Secondly, start to secure your meetings or Zoom calls now.  Get appointments on the calendar for January.   And when you have those appointments, be bold in your asking, and give your Majors a problem that only they can solve.

To land the plane, if your Majors made a gift in November or December, make sure to thank them well.  But if you’re still waiting for that gift, don’t despair.  Instead, prepare your offer, be patient, and get ready to deliver it early in the new year.