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What
Are Your Donors Reading?
By Mark Hrywna
In the search for upscale donors, publications
like Forbes or Money are obvious choices for
fundraisers targeting subscription lists. Or in the case of
environmental groups, magazines with a similar focus likely will
find a sympathetic readership able to part with a few
dollars.
Looking a little deeper, other titles might
work for your organization. Popular Mechanics might not
be the first magazine you’d think would work for a health
organization but its reader profile features an “affluent
male hobbyist who has a soft side to them,” said Susan
Rice Rappaport, president of data acquisition at American List
Counsel (ALC) in Princeton, N.J. “A reader is what
you’re finding. Hobbyists tend to be a little more
educated,” she said.
To read the complete article click
here...
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Grants ... 5
things to find out about a potential corporate
sponsor
If a foundation is affiliated with a company,
conduct additional research to try and uncover as much of the
following information as possible by surveying and keeping up
with local newspapers, business journals, chamber of commerce
events, online corporate databanks, and, in some cases,
fee-based services, according to Bernie Jankowski at Jankowski
Research in Frederick, MD.
Here are five elements of information you need
to collect:
-
What is the company’s size in terms of
annual sales/revenues and number of employees? How healthy are
its balance sheets? Is this the headquarters office or a
subsidiary, branch, or affiliate location?
-
What are its major products, services,
industry position, and/or future direction as detailed in its
annual report, available online for public companies? Many
private companies also have set up Web sites for marketing
purposes, providing researchers easier access to this kind
information than in the past. Because corporations are more
likely to support imaginative linkages between nonprofit
organizations and their business interests, industry information
is critical.
-
Are there possibilities for other roles for
the corporation beyond or in lieu of funding: in-kind support,
hosting an event, board membership, meeting space, technical
support, and/or employee volunteer opportunities?
-
Do they have an employee matching gift
program? The Council for Aid and Support to Education publishes
a directory called Matching Gift Details that can help you
research companies with such programs.
-
Is this company a member of the Chamber of
Commerce? Are there any ways you can collaborate? The best way
to answer this question is for your nonprofit to be a member of
the Chamber. This is one of the easiest ways for nonprofits to
build bridges to the corporate community, establish long-term
relationships, and take every opportunity to educate
corporations about a societal need and about your approach to
addressing it.
Remember, corporations are made up of people. A
company’s grantmaking first and foremost indicates a
person’s or a group of people’s interest in
leveraging corporate resources to give back to the community.
Understandably, this is not a company’s
top priority. When a company uses resources that could readily
be allocated for new equipment, product development, or the
hiring of employees, a charitable gift must necessarily provide
some element of recognition or benefit to the company. Corporate
philanthropy balances altruism and self-interest. Nonprofits
need to recognize these needs by explaining how you might work
together for mutual benefit.
For more tips, go to jankowskiresearch.com
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Marketing ... 10 practices you should
employ now
Marketing shouldn’t be a dirty word
to your organization, according to Eric Friedenwald-Fishman,
creative director and president, and Randi Hogan, vice
president, of Metropolitan Group headquartered in Portland, OR.
The duo explained 10 marketing practices that can transform your
organization at the 46th annual Association of Fundraising
Professionals (AFP) international fundraising conference in New
Orleans:
- Don’t fear marketing. Make marketing a core part of
your organization from the beginning and try to develop
marketing plans.
- Know yourself. Live and breathe your mission. Develop a
strong brand that will make your organization identifiable. Pay
attention to the three “V’s” of social purpose
branding – value, values and voice.
- Define your own success. Outline how you want to advance
your mission and what you expect as a return on investment.
Publicize the mission results you’re proud of.
- Know your audience. Understand how current donors and
prospects feel about the organization’s programs and
services. These are the people you are marketing to – so
always keep them in mind.
- Question conventional wisdom. Don’t limit your
marketing materials to your current audience. Try to speak to a
larger audience. Create strategic partnerships that will extend
your reach.
- What’s driving your prospect’s decision? Try to
align the organization’s core values to the values of your
prospect. Make the values relevant to your prospect right now.
- Emotion trumps data. A good story steeped in your
organization’s mission will touch someone more than
graphs.
- Build a community. Empower employees, volunteers, donors and
members as stewards of your organization.
- Walk the talk. Brand isn’t just for the outside
audience. Use your brand within your organization. Remember to
be transparent.
- Use the platform to change the world. You can leverage
marketing for social impact.
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Donors ... 10 reasons donors become
quitters
No one likes to be a quitter. So why do so many people quit
supporting your organization?
There are reasons that donors stop giving to your
organization, according to Dr. Adrian Sargeant, Robert F.
Hartsook Professor of Fundraising at The Center of Philanthropy
at Indiana University. But it’s up to your nonprofit to
foster a dedicated donor commitment to keep that donor engaged.
Sargeant listed ten main reasons why your organization might
fall off a donor’s radar at the 46th annual Association of
Fundraising Professionals (AFP) international fundraising
conference in New Orleans:
- Financially incapable of making a donation
- Donor doesn’t remember making the gift
- Shows support in other ways
- Decides that other causes are more worthy
- Feels that the organization no longer needs that
individual’s support
- Death or relocation
- Did not receive information about other donations
- Organization did not say how the donation was used
- Thought a nonprofit’s communications were
inappropriate
- Thought a nonprofit asked for an inappropriate donation
amount
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lucrative corporate alliances with help from the Cause
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Chicago Learn more at www.cmfconference.com | |
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