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Top 10 Fundraising Strategies To Raise More Money in 2016 Gail Perry MBA CFRE @gailperrync #firedupFR FiredupFundraising.com

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Page 1: Top 10 Fundraising Strategies To Raise More Money in 2016conference.afpsanantonio.org/sites/default/files/... · Top 10 Fundraising Strategies To Raise More Money in 2016 Gail Perry

Top 10 Fundraising

Strategies To Raise More

Money in 2016

Gail Perry MBA CFRE

@gailperrync #firedupFR

FiredupFundraising.com

Page 2: Top 10 Fundraising Strategies To Raise More Money in 2016conference.afpsanantonio.org/sites/default/files/... · Top 10 Fundraising Strategies To Raise More Money in 2016 Gail Perry

Who Am I?

Just hit 30 years in fundraising!

Blogger, coach, consultant

Author “Fired-Up Fundraising: Turn Board Passion

into Action”

AFP Triangle Fundraiser of the Year

International speaker and workshop leader

#firedupFR

@gailperrync

Gail Perry MBA CFRE

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GET ALL MY POWERPOINTS HERE

Plus a Free Workbook:

Skyrocket Your Fundraising with a Major Gifts Program

gailperry.com/resources-

AFP-San-Antonio/

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How Much Money Might

Be Out There For Your

Organization?

Discussion

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Giving USA

#NPDSA16 @gailperrync

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Giving Trends Through 2015

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Are We Losing or Gaining Donors?

. #1 Fundraising Strategy - Donor Retention

#NPDSA16 @gailperrync

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Donor Loyalty = Donor Retention !

Your Fundraising Program is a Leaky Bucket! Roger Craver, “Retention Fundraising”

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Donor renewals

are more important than

donor acquisition.

Donor renewals

are more important than gaining

new donors(!)

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In our surveys, less than 45% of fundraisers

knew their current donor retention rate.

Do you know your retention rate?

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. #1 Strategy - Donor Retention

What The North Carolina Symphony Does to

Build Donor Loyalty

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@jenlove @agentsofgood

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Benefit Type Giving Levels

Tangible Intangible Event $100 + $250 + $1,000 + $2,500 + $5,000 + $7,500 + $10,000 + $15,000 + $25,000 +

Open Rehearsal Pass 1 x

Patron Appreciation Concert - Raleigh 1 x

Single Ticket Discount 1 x

Summerfest Patron Appreciation Concert x

Listing in program book 1 x

New Bern donor room 1 x

VIP parking: Wilmmington 1 x

Two tickets to Summerfest concert of choice 1 x

Private event with Symphony musicians 1 x

Donor Rooms & Parking: Raleigh/Chapel Hill 1 x

Donor concierge by staff 1 x

Private onstage recital 1 x

Post concert reception 1 x

Two tickets to concert of choice 1 x

Priority seating for subscription renewals 1 x

Event with Music Director 1 x

Post-concert dinner with CEO 1 x

Invite to Chairman's Circle Trip 1 x

Concert naming rights 1 x

Create a System of Engaging Donor Benefits

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Strategy: Say thank you creatively! NC Symphony musician making thank you calls to donors.

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What happens when donors receive quick thank you phone calls?

Donors received a thank you phone

call from a board members within 24

hours of receiving the gift.

The next time they were solicited, they

gave 39% more than the other

donors who did not receive a call.

Penelope Burk

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Thank you for making a difference with your contribution!

As a new donor to the North Carolina Symphony we are grateful for

your support of <$_____>.

As a volunteer I appreciate your choice to make a gift that sustains

this outstanding orchestra in its work to educate our state’s children

and perform concerts which are unmatched in quality anywhere in

the state.

I hope your gift will begin a long and satisfying journey of annual

support with the North Carolina Symphony, one which I have

enjoyed enormously. Our staff stands ready to serve you and

answer your questions at (919) 733-2750.

Best regards, Person’s name, Trustee North Carolina Symphony

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T #2 Strategy for Fundraising Appeals –

Give The Donor the

Credit

for YOUR Work

Say “you” more than “we.”

@gailperrync #AFPSA16

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Remove YOUR ORGANIZATION as the intermediary

Between your DONOR and the IMPACT of her gift.

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Don’t say. “Your gift will help our organization serve

xxxx people.. . . .”

Instead say:

Your gift will help serve xxxx people.

Give the Donor Credit for YOUR Work:

How to Create a Donor-Centered

Thank You

@gailperrync #AFPSA16

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#3 Strategy Focus On Major Gifts

Create your Prospect List.

Commit to #XX Major

Gift Visits a Month

Your next major donor is probably a female boomer or older lady.

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The “profit” in fundraising is in the

major gifts area.

Fundraising EVENT

50%

ANNUAL FUND 25-30%

MAJOR GIFT OR CAPITAL CAMPAIGN

5-10%

#3 Strategy -Major Gifts

@gailperrync #AFPSA16

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#3 Strategy - Major Gifts

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Create Your Prospect List

High $$ Low Likelihood

High $$ High Likelihood

Low $$ Low Likelihood

Low $$ High Likelihood

DOLLARS

LIKELIHOOD

#3 Strategy -Major Gifts

@gailperrync #AFPSA16

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Boomers Now Source of Most

Gifts Giving is my

form of self-expression!

I am passionate about my causes!

@gailperrync #AFPSA16

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Average age of donor on file = 67

Average age of a new donor = 63

-Tom Ahern

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Use Bigger Fonts! 14 point minimum (and get rid of the hard-to-read GRAY)

@gailperrync #AFPSA16

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64% of all charitable gifts in the US are

made by women. -Huffington Post 2014

#3 Strategy - Major Gifts

@gailperrync #AFPSA16

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#3 Strategy - Major Gifts

Monthly Major Gifts

Strategy Session

1.Review Prospect List.

2.Evaluate where you stand.

3. Create next steps.

4. Assign clear responsibility.

http://www.gailperry.com/2010/11/ how-to-sabotage-or-save-your-major-gift-

program/

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Fired-Up Fundraising

Planned Giving

Messaging Whiz

Claire Meyerhoff

. #4 Strategy - Planned Giving

Ask Engaging Questions

About Their Will

@gailperrync #AFPSA16

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Ask Engaging Questions:

Is General Hospital in your will?

Instead of “Telling” your Donor: Remember General Hospital in your will.

You're engaging your donor with a question and triggering a more lively thought process. "Is it in my will? Really? Do I have a will?" People put the hospital in their will? " By begging a question, you're guiding the reader towards some kind of answer, and maybe the answer will be…."Yes.”

- Claire Meyerhoff

. #4 Strategy - Planned Giving

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• Newsletter

• Annual report

• Appeal mailings

• Your Facebook page

• On a postcard mailed to top planned giving

prospects

• Consider making it into an ad and buying ad

space in a local paper or special-interest

publication.

. #4 Strategy - Planned Giving

Put Engaging Questions about

Bequests everywhere:

@gailperrync #AFPSA16

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. #4 Strategy - Planned Giving

The Wealth Transfer is Happening!

• 35% of donors said they were willing to give

planned gifts or seriously consider it.

• Only less than 10% of people actually

assign a bequest in their wills.

http://sumac.com/ ~Penelope Burk

@gailperrync #AFPSA16

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Stale Fresh

. #4 Strategy - Planned Giving

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Increase the $$ from your

CURRENT donors by

3 or 4 times!

#5 Strategy: Monthly Giving

@gailperrync #AFPSA16

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#5 Strategy : Monthly Giving

http://www.gailperry.com/2013/06/18-tips-to-create-a-wildly-successful-monthly-giving-program/

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#6 Social Media Strategy

Crowdfunding!

@gailperrync #AFPSA16

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Source: kimba.com

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Source: kimba.com

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#6 Crowdfunding

• New major donors!

• Raises money

• Grows awareness

• Gains new emails and social media

followers.

@gailperrync #AFPSA16

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1. Identify donors and

followers who are

heavy social media

users.

2. Enlist them to be

special online

Ambassadors.

#6 Social Media Strategy: Crowdfunding

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3. Invite them to promote

you online for special

projects.

4. Build a toolkit for them

with images they can

use and guides to peer

fundraising.

#6 Social Media Strategy: Crowdfunding

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#6 Social Media Strategy

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#6 Social Media Strategy

Master the 5 word ask!

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# 7 Strategy for Fundraising Events

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# 7 Strategy for Fundraising Events

A well-designed

“Fund a Need.”

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# 7 Strategy for Fundraising Events

“Fund a Need.”

- Auctioneer skills

- Right message

- Single item or cause - Make the bids public

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Simplify Your

Donation Form

In 2013, approx. 74% of online shopping carts were abandoned by shoppers. Read more: http://www.businessinsider.com/heres-how-retailers-can-reduce-shopping-cart-abandonment-and-recoup-billions-of-dollars-in-lost-sales-2014-4#ixzz3dEMkNJ8I

#8 Strategy for Website & Donation Page

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#9 Strategy for Your Board and CEO

Teach them how to open the door without

being pushy.

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Why Do You Care About Your

Organization?

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Ask your donor their

advice about your business plan.

Throw out your presentation! Ask for advice instead.

#10 Strategy for Transformational Gifts .

@gailperrync #AFPSA16

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It’s in YOUR Hands!