It’s estimated that about one third of annual giving occurs in December. Does your nonprofit organisation have a strong strategy to take advantage of these powerful trends? Here are five steps to maximise the success of your year-end fundraising appeal:
1. Create an activity timeline and benchmarks.
A well planned end-of-year timeline focuses on follow-up activities in throughout the month of December. As fundraisers, we thrive on goals. Use this to your advantage and set some metrics to follow. Start with your target in mind and work backwards to determine what actions are required to get you there, including the number of face-to-face gift requests, touchpoints, and formal gift requests.
2. Develop a unique case for support.
Your case for support tells who you are as an organisation, why you need support, and how that support will make an impact. Your case statement should include the following:
- Past – Where have you been, and how has it shaped your organisation?
- Present – Where are you now? What is your mission? Show your impact through testimonials, statistics, and pictures.
- Future – Where are you going? What is your vision? How can donors make that vision a reality? Focus on the return on their investment.
3. Analyse and segment your donor base.
Identification — First, identify major gift prospects that you can personally contact. Then, identify donors from prior years who have not contributed during the current year.
Research — Conduct research on the prospects you have identified – both to determine the right amount to request, and to determine how they like to give by looking at prior year response methods.
Rating — Determine the best outreach strategy and prioritise your prospects. Decide who should get a personal phone call, a custom message, or a mass communication.
4. Know your engagement strategy.
Use a combination of different outreach methods and tailor your approach based on the priority of your prospects. Don’t forget to request a specific gift, no matter which delivery method you use.
5. Follow up!
The biggest mistake that organisations make is that they don’t follow up. Don’t send your appeal materials and then hope for the best. Use a multi-step, multi-channel approach to follow up and secure decisions.
In the final week of the year, send multiple reminder emails, including one on 31 December. Communicate individually with your best prospects via phone calls, personal emails, social media messages, and text messages. Deadlines are a fundraiser’s best friend – use the year-end deadline to generate excitement, momentum, and results. Then communicate your success and start planning for next year!
Following up with donors after #GivingTuesday is essential. So where should you start? These five simple but powerful principles can help.
In this article, we discuss how the tax incentives that are set to expire at the end of 2021 could encourage charitable donations. Read more about the steps you can take now to make sure your organization benefits by proactively engaging those who are most likely to donate.