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How does money get raised? Why do people give? How do donors vary? How to find and interest donors? How do you feel about giving? How will your attitudes affect your work?
The Basics Levels of giving Upward movement Ratios Balance $$$$$$ Major Donors: 40-60% $$$ Transition donors: 20-35% $ Grassroots and Community donors %
In thanks To support the mission To build community To feel good Because they can… other reasons?
HIGHER DONORS To change the world To affect policy To achieve major goals Psychic ‘return on investment’ To acknowledge good, efficient business practice LOWER DONORS To repay To help someone needy To keep a community resource To feel part of a cause
Building a relationship 1. Identify and Re-identify 2. Cultivate and inform 3. ASK 4. Steward and thank
Understand why people will give to you Where are those people? Get their names, info, connections Prioritize: top, middle, bottom prospects Focus on the top
Provide info Educate Offer hands-on experiences Focus on their likely interests Make it personal Find the right social avenues
Not too early, not too late Ask wisely, not too little, not too much! Be personal LISTEN Respond non-defensively Be specific Think on your feet
THANK! Draw your donor into the organization Ask for advice Ask for help Ask for time Ask for introductions Treat your donors like insiders Always make it personal
Knowing the donor…not just the biographical data, but what makes him tick Being sincerely interested Understanding what will interest him Finding interest points Asking questions If you don’t like people this isn’t for you!
People Paper Phones Parties Proposals Paperless Planned Gifts Which methods work for which donors?
Think Creatively Listen Open your mind to new ideas…and not just your own! Take criticism thoughtfully Stick to values, not habits Try to understand
Consider the Life Cycle Pyramid: Planned giving Endowment Capital campaigns Special projects Annual giving and memberships
I welcome your questions, so do be in touch: Christine Graham You are welcome to use my materials, but please request permission and acknowledge the source!