SlideShare une entreprise Scribd logo
1  sur  47
Télécharger pour lire hors ligne
Loving
Your
Donors

5 THINGS YOU
CAN START
DOING RIGHT
NOW TO
CREATE
LIFETIME
DONOR
RELATIONSHIPS
ABOUT ME
Publisher: The Grow Report weekly enews
Author

•Five Days to Foundation Grants
•Simple Development Systems
Founder
Simple Development Systems | The Membership
Program
Co-creator
100 Donors in 90 Days
The Donor Retention Project
DONOR-FOCUSED DEVELOPMENT: FROM THE GROUND UP
DO YOU KNOW YOUR RETENTION RATE?
“Over 70% of people that
we recruit into
organizations never come
back and make another
gift, so we’re caught on
this treadmill where we
have to spend lots of
money on acquisition
which most nonprofits lose
money on anyway, just to
stand still.”
- Dr. Adrian Sargeant
A SIMPLE WAY TO CALCULATE

https://bloomerang.co/retention
Remember...
the cost to acquire a
new donor is 6-7 times
that to retain existing
donors.
Increase your donor
retention by just 10%
today and you can
enhance the lifetime
value of your donor
base by 200%
“taking positive steps to
reduce gift and donor losses is
the least expensive strategy
for increasing fundraising
income.”
Roger Craver
ARE YOU READY TO STOP YOUR ORGANIZATION’S
LEAKY BUCKET??
5 THINGS YOU CAN START DOING RIGHT NOW TO
CREATE LIFETIME DONOR RELATIONSHIPS

QUODSI FUISSET NE MEI. EAM AN JUSTO DETRACTO. DUO AT IDQUE DETRACTO.
How did you get here?
“Quodsi ne mei. Eam an justo
detracto. Duo at idque integre
detracto, in alia agam. At eam
odio probatus. Porro
mediocritatem”
THIS IS HOW MY THANK YOU
LETTERS USED TO READ...
5 THINGS YOU CAN START
DOING RIGHT NOW

Start with your thank
you letter
SAY THANK YOU LIKE YOU
MEAN IT!
7 COMPONENTS OF AN IDEAL
THANK YOU LETTER
1.Personalization.
2.A captivating opening.
3.Impact.
4.Let them know how they
can be in touch.
5.Have you referenced their
gift amount and/or past
giving?
6.Is it donor-focused?
7.Hand-sign your thank you
letters.
BEFORE...
AFTER
PUT ‘EM IN A BINDER!
•Thank you for annual fund donation
•Thank you for in-kind donation
•Thank you for board gift
•Thank you for bequest gift
•Thank you for in-memoriam gift
•Thank you for foundation grant
•Initial thank you for monthly gift
•Thank you for bequest gift
•Direct mail thank you for online gift/
email thank you for online gift
DON’T FORGET YOUR EMAIL
THANK YOU
WHAT’S YOUR PLAN FOR NEW
DONORS?
FOR NEW DONORS...WITHIN 60
DAYS OF THE THANK YOU LETTER
•Follow up with a welcome
kit

•Thank you calls
•Call them with an invitation
to join your organization’s
monthly giving program

•Your thoughts?
WHAT GOES IN A FIRST-TIME
DONOR WELCOME KIT?
•New donor newsletter
•FAQ statement
•“Pass it on” packet
•Invitation to join
monthly giving

•Annual report
•Donation envelope
WELCOME NEWSLETTER
“PASS IT ON” PACKET

QUODSI FUISSET NE MEI. EAM AN JUSTO DETRACTO. DUO AT IDQUE DETRACTO.
AND WHAT ABOUT YOUR
LAPSED DONORS?
Let them know
you love them
and miss them and want them
5 THINGS YOU CAN START
DOING RIGHT NOW

1. Start with your
thank you letter

2. Thank you calls
“A thank you call to a
newly acquired donor
yields 40% more
revenue in year two.”
Penelope Burk, Fundraising
Statistician
DAILY GRATITUDE CALLS
CREATE A RITUAL
“The one thing that we have done is to
phone every donor when the donation
is received and thank them BEFORE
doing anything else.”
Sharon Evans President
BC Schizophrenia Society Penticton BC
V2A 5K2
5 THINGS YOU CAN START
DOING RIGHT NOW

Start with your thank
you letter

Show impact before
you ask for another
gift

Thank you calls
SHOW IMPACT
•Newsletters
•Impact reports
•Email updates
•Welcome kit
•Facebook; social
media posts

•Get your program
staff involved

•Your thoughts?
Social Media
VIDEO
5 THINGS YOU CAN START
DOING RIGHT NOW

Start with your thank
you letter

Show impact before
you ask for another
gift

How well do you
know your donors?
Surveying

Thank you calls
WHAT DO YOUR DONORS REALLY THINK?
SAMPLE SURVEY QUESTIONS
What donors say they want and what they actually respond to
are two different things.
1.What first motivated you to support us?
2.What area/s of our work are you most passionate about?
3.For animal rights organizations, ask about their pets
Personal questions:
Level of education, employment status, date of birth give you a
good idea of who your best donors are.
5 THINGS YOU CAN START
DOING RIGHT NOW

Start with your thank
you letter

Show impact before
you ask for another
gift

How well do you
know your donors?
Surveying

Thank you calls

Get your board on
board!
“Stop asking your
board members
to find new
CULTIVATE AN ATTITUDE
OF GRATITUDE WITHIN YOUR BOARD
•Board thank you calls
•Handwritten thank you notes

from board members
•Encourage board members to
share impact stories
•Have board members invite
donors to insider events
•Ask donors for advice

•Your thoughts?
WE’VE COVERED...
Why you should care about retention
How to write the perfect thank you letter
Donor calls
Showing impact
Getting board involved in the process
“The top of the pyramid isn’t people with money. It’s
people with deep connection to the mission. We’ve all
seen instances where people without a lot of dispensable
income really stretched to make a significant gift to
something that matters to them — to an organization where
they feel engaged in the work, connected to the leaders, on
fire about the impact. My husband and I have done that,
when we were leaders on boards, and we’re not rich. If we
think about the top of the pyramid (or triangle) being the
people with fire in their belly about our work, it takes the
focus off rich people. I’d rather have a donor base full of
people without a lot of resources who care deeply, than
with rich people who don’t.”
Susan Howlett
You must see your current
donors as the valuable assets
that they are!
RESOURCES
QUESTION TIME
A YEAR’S WORTH OF TRAINING &
SUPPORT

Contenu connexe

Plus de Bloomerang

Donations and Pledges Part 1_BLG Build.pdf
Donations and Pledges Part 1_BLG Build.pdfDonations and Pledges Part 1_BLG Build.pdf
Donations and Pledges Part 1_BLG Build.pdfBloomerang
 
Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...
Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...
Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...Bloomerang
 
Kindful to Bloomerang Webinar slides .pdf
Kindful to Bloomerang Webinar slides .pdfKindful to Bloomerang Webinar slides .pdf
Kindful to Bloomerang Webinar slides .pdfBloomerang
 
Bloomerang - Get More Major Gifts From Donors Already Around You.pdf
Bloomerang - Get More Major Gifts From Donors Already Around You.pdfBloomerang - Get More Major Gifts From Donors Already Around You.pdf
Bloomerang - Get More Major Gifts From Donors Already Around You.pdfBloomerang
 
Bloomerang Fundraising Week02.26.2024.pdf
Bloomerang Fundraising Week02.26.2024.pdfBloomerang Fundraising Week02.26.2024.pdf
Bloomerang Fundraising Week02.26.2024.pdfBloomerang
 
02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdf02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdfBloomerang
 
Actionable Fundraising Planning - Slide Presentation.pptx.pdf
Actionable Fundraising Planning - Slide Presentation.pptx.pdfActionable Fundraising Planning - Slide Presentation.pptx.pdf
Actionable Fundraising Planning - Slide Presentation.pptx.pdfBloomerang
 
02.20 Webinar - Online Giving Trends.pdf
02.20 Webinar - Online Giving Trends.pdf02.20 Webinar - Online Giving Trends.pdf
02.20 Webinar - Online Giving Trends.pdfBloomerang
 
Communications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdfCommunications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdfBloomerang
 
Database Set Up Basics Bloomerang Academy
Database Set Up Basics Bloomerang AcademyDatabase Set Up Basics Bloomerang Academy
Database Set Up Basics Bloomerang AcademyBloomerang
 
Database Management.pdf
Database Management.pdfDatabase Management.pdf
Database Management.pdfBloomerang
 
Leading With Impact: Looking Ahead at 2024 Trends in Leadership
Leading With Impact: Looking Ahead at 2024 Trends in LeadershipLeading With Impact: Looking Ahead at 2024 Trends in Leadership
Leading With Impact: Looking Ahead at 2024 Trends in LeadershipBloomerang
 
Google & Yahoo's Email Update: Your Must-Do Checklist
Google & Yahoo's Email Update: Your Must-Do ChecklistGoogle & Yahoo's Email Update: Your Must-Do Checklist
Google & Yahoo's Email Update: Your Must-Do ChecklistBloomerang
 
2_7_24 NP Success_ Annual Reports.pdf
2_7_24 NP Success_ Annual Reports.pdf2_7_24 NP Success_ Annual Reports.pdf
2_7_24 NP Success_ Annual Reports.pdfBloomerang
 
Copy of PayPal Course - Academy Slide Deck 2024.pdf
Copy of PayPal Course - Academy Slide Deck 2024.pdfCopy of PayPal Course - Academy Slide Deck 2024.pdf
Copy of PayPal Course - Academy Slide Deck 2024.pdfBloomerang
 
Strategic Planning The PROCESS Handout 2024.pdf
Strategic Planning The PROCESS Handout 2024.pdfStrategic Planning The PROCESS Handout 2024.pdf
Strategic Planning The PROCESS Handout 2024.pdfBloomerang
 
2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf
2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf
2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdfBloomerang
 
Volunteers = Donors (1).pdf
Volunteers = Donors (1).pdfVolunteers = Donors (1).pdf
Volunteers = Donors (1).pdfBloomerang
 
Strategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdf
Strategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdfStrategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdf
Strategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdfBloomerang
 
Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...
Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...
Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...Bloomerang
 

Plus de Bloomerang (20)

Donations and Pledges Part 1_BLG Build.pdf
Donations and Pledges Part 1_BLG Build.pdfDonations and Pledges Part 1_BLG Build.pdf
Donations and Pledges Part 1_BLG Build.pdf
 
Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...
Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...
Bloomerang Scaling New Heights_ Tailored Strategies for Securing Your Next-Le...
 
Kindful to Bloomerang Webinar slides .pdf
Kindful to Bloomerang Webinar slides .pdfKindful to Bloomerang Webinar slides .pdf
Kindful to Bloomerang Webinar slides .pdf
 
Bloomerang - Get More Major Gifts From Donors Already Around You.pdf
Bloomerang - Get More Major Gifts From Donors Already Around You.pdfBloomerang - Get More Major Gifts From Donors Already Around You.pdf
Bloomerang - Get More Major Gifts From Donors Already Around You.pdf
 
Bloomerang Fundraising Week02.26.2024.pdf
Bloomerang Fundraising Week02.26.2024.pdfBloomerang Fundraising Week02.26.2024.pdf
Bloomerang Fundraising Week02.26.2024.pdf
 
02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdf02.22.2024 Email Options in Bloomerang.pdf
02.22.2024 Email Options in Bloomerang.pdf
 
Actionable Fundraising Planning - Slide Presentation.pptx.pdf
Actionable Fundraising Planning - Slide Presentation.pptx.pdfActionable Fundraising Planning - Slide Presentation.pptx.pdf
Actionable Fundraising Planning - Slide Presentation.pptx.pdf
 
02.20 Webinar - Online Giving Trends.pdf
02.20 Webinar - Online Giving Trends.pdf02.20 Webinar - Online Giving Trends.pdf
02.20 Webinar - Online Giving Trends.pdf
 
Communications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdfCommunications Trends for Fundraising Success in 2024.pdf
Communications Trends for Fundraising Success in 2024.pdf
 
Database Set Up Basics Bloomerang Academy
Database Set Up Basics Bloomerang AcademyDatabase Set Up Basics Bloomerang Academy
Database Set Up Basics Bloomerang Academy
 
Database Management.pdf
Database Management.pdfDatabase Management.pdf
Database Management.pdf
 
Leading With Impact: Looking Ahead at 2024 Trends in Leadership
Leading With Impact: Looking Ahead at 2024 Trends in LeadershipLeading With Impact: Looking Ahead at 2024 Trends in Leadership
Leading With Impact: Looking Ahead at 2024 Trends in Leadership
 
Google & Yahoo's Email Update: Your Must-Do Checklist
Google & Yahoo's Email Update: Your Must-Do ChecklistGoogle & Yahoo's Email Update: Your Must-Do Checklist
Google & Yahoo's Email Update: Your Must-Do Checklist
 
2_7_24 NP Success_ Annual Reports.pdf
2_7_24 NP Success_ Annual Reports.pdf2_7_24 NP Success_ Annual Reports.pdf
2_7_24 NP Success_ Annual Reports.pdf
 
Copy of PayPal Course - Academy Slide Deck 2024.pdf
Copy of PayPal Course - Academy Slide Deck 2024.pdfCopy of PayPal Course - Academy Slide Deck 2024.pdf
Copy of PayPal Course - Academy Slide Deck 2024.pdf
 
Strategic Planning The PROCESS Handout 2024.pdf
Strategic Planning The PROCESS Handout 2024.pdfStrategic Planning The PROCESS Handout 2024.pdf
Strategic Planning The PROCESS Handout 2024.pdf
 
2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf
2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf
2_1_24 Finding, Engaging and Recognizing Your Volunteers (1).pdf
 
Volunteers = Donors (1).pdf
Volunteers = Donors (1).pdfVolunteers = Donors (1).pdf
Volunteers = Donors (1).pdf
 
Strategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdf
Strategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdfStrategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdf
Strategic Plan for Marketing and Fundraising_Bloomerang_Jan2024 (1).pdf
 
Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...
Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...
Nonprofit Email Marketing in 2024: Accelerate Success on the Most Effective C...
 

Dernier

Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajanpragatimahajan3
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room servicediscovermytutordmt
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...anjaliyadav012327
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 

Dernier (20)

Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajan
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room service
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 

Loving Your Donors

  • 1. Loving Your Donors 5 THINGS YOU CAN START DOING RIGHT NOW TO CREATE LIFETIME DONOR RELATIONSHIPS
  • 2. ABOUT ME Publisher: The Grow Report weekly enews Author •Five Days to Foundation Grants •Simple Development Systems Founder Simple Development Systems | The Membership Program Co-creator 100 Donors in 90 Days The Donor Retention Project DONOR-FOCUSED DEVELOPMENT: FROM THE GROUND UP
  • 3. DO YOU KNOW YOUR RETENTION RATE? “Over 70% of people that we recruit into organizations never come back and make another gift, so we’re caught on this treadmill where we have to spend lots of money on acquisition which most nonprofits lose money on anyway, just to stand still.” - Dr. Adrian Sargeant
  • 4. A SIMPLE WAY TO CALCULATE https://bloomerang.co/retention
  • 5. Remember... the cost to acquire a new donor is 6-7 times that to retain existing donors.
  • 6. Increase your donor retention by just 10% today and you can enhance the lifetime value of your donor base by 200%
  • 7.
  • 8. “taking positive steps to reduce gift and donor losses is the least expensive strategy for increasing fundraising income.” Roger Craver
  • 9. ARE YOU READY TO STOP YOUR ORGANIZATION’S LEAKY BUCKET??
  • 10. 5 THINGS YOU CAN START DOING RIGHT NOW TO CREATE LIFETIME DONOR RELATIONSHIPS QUODSI FUISSET NE MEI. EAM AN JUSTO DETRACTO. DUO AT IDQUE DETRACTO.
  • 11. How did you get here?
  • 12. “Quodsi ne mei. Eam an justo detracto. Duo at idque integre detracto, in alia agam. At eam odio probatus. Porro mediocritatem”
  • 13. THIS IS HOW MY THANK YOU LETTERS USED TO READ...
  • 14. 5 THINGS YOU CAN START DOING RIGHT NOW Start with your thank you letter
  • 15. SAY THANK YOU LIKE YOU MEAN IT!
  • 16. 7 COMPONENTS OF AN IDEAL THANK YOU LETTER 1.Personalization. 2.A captivating opening. 3.Impact. 4.Let them know how they can be in touch. 5.Have you referenced their gift amount and/or past giving? 6.Is it donor-focused? 7.Hand-sign your thank you letters.
  • 18. AFTER
  • 19. PUT ‘EM IN A BINDER! •Thank you for annual fund donation •Thank you for in-kind donation •Thank you for board gift •Thank you for bequest gift •Thank you for in-memoriam gift •Thank you for foundation grant •Initial thank you for monthly gift •Thank you for bequest gift •Direct mail thank you for online gift/ email thank you for online gift
  • 20. DON’T FORGET YOUR EMAIL THANK YOU
  • 21. WHAT’S YOUR PLAN FOR NEW DONORS?
  • 22. FOR NEW DONORS...WITHIN 60 DAYS OF THE THANK YOU LETTER •Follow up with a welcome kit •Thank you calls •Call them with an invitation to join your organization’s monthly giving program •Your thoughts?
  • 23. WHAT GOES IN A FIRST-TIME DONOR WELCOME KIT? •New donor newsletter •FAQ statement •“Pass it on” packet •Invitation to join monthly giving •Annual report •Donation envelope
  • 25. “PASS IT ON” PACKET QUODSI FUISSET NE MEI. EAM AN JUSTO DETRACTO. DUO AT IDQUE DETRACTO.
  • 26. AND WHAT ABOUT YOUR LAPSED DONORS? Let them know you love them and miss them and want them
  • 27. 5 THINGS YOU CAN START DOING RIGHT NOW 1. Start with your thank you letter 2. Thank you calls
  • 28. “A thank you call to a newly acquired donor yields 40% more revenue in year two.” Penelope Burk, Fundraising Statistician
  • 30. CREATE A RITUAL “The one thing that we have done is to phone every donor when the donation is received and thank them BEFORE doing anything else.” Sharon Evans President BC Schizophrenia Society Penticton BC V2A 5K2
  • 31. 5 THINGS YOU CAN START DOING RIGHT NOW Start with your thank you letter Show impact before you ask for another gift Thank you calls
  • 32.
  • 33. SHOW IMPACT •Newsletters •Impact reports •Email updates •Welcome kit •Facebook; social media posts •Get your program staff involved •Your thoughts?
  • 35. VIDEO
  • 36. 5 THINGS YOU CAN START DOING RIGHT NOW Start with your thank you letter Show impact before you ask for another gift How well do you know your donors? Surveying Thank you calls
  • 37. WHAT DO YOUR DONORS REALLY THINK?
  • 38. SAMPLE SURVEY QUESTIONS What donors say they want and what they actually respond to are two different things. 1.What first motivated you to support us? 2.What area/s of our work are you most passionate about? 3.For animal rights organizations, ask about their pets Personal questions: Level of education, employment status, date of birth give you a good idea of who your best donors are.
  • 39. 5 THINGS YOU CAN START DOING RIGHT NOW Start with your thank you letter Show impact before you ask for another gift How well do you know your donors? Surveying Thank you calls Get your board on board!
  • 40. “Stop asking your board members to find new
  • 41. CULTIVATE AN ATTITUDE OF GRATITUDE WITHIN YOUR BOARD •Board thank you calls •Handwritten thank you notes from board members •Encourage board members to share impact stories •Have board members invite donors to insider events •Ask donors for advice •Your thoughts?
  • 42. WE’VE COVERED... Why you should care about retention How to write the perfect thank you letter Donor calls Showing impact Getting board involved in the process
  • 43. “The top of the pyramid isn’t people with money. It’s people with deep connection to the mission. We’ve all seen instances where people without a lot of dispensable income really stretched to make a significant gift to something that matters to them — to an organization where they feel engaged in the work, connected to the leaders, on fire about the impact. My husband and I have done that, when we were leaders on boards, and we’re not rich. If we think about the top of the pyramid (or triangle) being the people with fire in their belly about our work, it takes the focus off rich people. I’d rather have a donor base full of people without a lot of resources who care deeply, than with rich people who don’t.” Susan Howlett
  • 44. You must see your current donors as the valuable assets that they are!
  • 47. A YEAR’S WORTH OF TRAINING & SUPPORT