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Thursday, Nov 30, 2006

 

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In this issue:

 

Special Report

8 Ways To Avoid Becoming The S Word

Fundraising Tips

Grants... Start the process with the easy sections

Direct Response... 13 reasons to go straight to the donor

Capital Campaigns... 4 vital phases of your capital campaign

Click here for all NPTimes Newsletters 

     

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Feature

8 Ways To Avoid Becoming The S Word

SPAM - what is it? In Hawaii, it's what one Honolulu reporter described as "the undisputed king of canned luncheon meat." It's is even featured on the menus of the island's McDonald's fast-food restaurants. But to the majority of the world, SPAM is nothing more than a nuisance.

Defined as "unsolicited email, often of a commercial nature, sent indiscriminately to multiple mailing lists, individuals, or newsgroups," SPAM makes up 80 percent of all email. Not surprisingly, SPAM is the reason for more than 16 percent of email address changes.

Josh Young and Jake Berry, program manager and product line manager for Blackbaud, Inc., respectively, offered the following tips to help charities in the fight against SPAM during the recent Blackbaud users conference in Charleston, S.C.:

Click Here for full report

     


Fundraising Tips

Grants ...Start the process with the easy sections

You've done the research, found grants to apply for, assessed your organization's ability to complete a competitive proposal. Now it's time to actually start writing your grant proposal. What's the first thing you should do? Don't panic,according to Alexis Carter-Black, author of "Getting Grants: The Complete Manual of Proposal Development and Administration.

"It looks a lot more intimidating than it actually is, particularly if you are staring down at a federal application package that's about an inch thick," Carter-Black said. She suggests breaking up the proposal into smaller sections and writing one section at a time, starting with the one you find easiest -- it doesn't even have to be in order until you send it in.

Material that you should cover may vary from funder-to-funder, but regardless of whether it's a government agency or a private or corporation foundation that you're applying to, most all proposals have two major parts: the narrative and the budget.

A letter of inquiry, which should be no more than one to three pages, should include paragraphs featuring an introduction, project description, needs, solution, project plan, organizational capacity, budget and sustainability.

The needs assessment is the "heart and soul" of the grant proposal and should clearly identify the need, focus on the need of the target population and use statistics to demonstrate the severity of the need.

 

 


Direct Response... 13 reasons to go straight to the donor

For some reason, direct response has often been treated as the unwanted stepchild of fundraising, even though it is probably the most effective way of winning new donors and keeping those you have in the fold.

There are 13 basic reasons why  direct response fundraising is effective, as outlined by David Love in "Direct Response Fund Raising: Mastering New Trends for Results," edited by Michael Johnston of HJC New Media in Toronto:

  • Direct response is simple. It's a personal, one-to-one proposition that leads to action.
  • Direct response is measurable. You either raise money or you don't - and you can find out quickly whether your project is a success or failure.
  • Direct response is personal. When a direct mail piece arrives in the mail, that person is in complete control of the rest of the transaction --if there will be one.
  • Direct response is smart. Since response is immediate, fundraisers can continue to refine the offer until it reaches maximum return on investment (ROI).
  • Direct response is testable. Different letters, different inserts, different response coupons, different envelopes, even different typeface -- it can all be tested.
  • Direct response is intelligent. Good direct response is based on research and knowledge, not bias and opinion.
  • Direct response is practical. Everything in direct response takes a back seat to results, which are the only valid measure of an offer.
  • Direct response is cost effective. It's easy to calculate ROI for a direct response mailing because response is immediate.
  • Direct response is everywhere. It submits itself to a process of continuous improvement, because direct response results are continually in the public domain, so fundraisers can learn from others and replicate successes.
  • Direct response is a master of disguise. All media can be used in direct response, some better than others for generating immediate response, whether it's an ad, letter, telephone call, television show, etc.
  • Direct response is empathetic. Direct marketing is not about the organization but about the donor and how he or she can interact with the organization and its mission.
  • Direct response is a problem solver. Direct response is about solutions, not problems, because it moves a person to action. The offers that stand out are the ones that compellingly paint a picture and let the audience complete the picture.
  • Direct response is a loyalty builder. Fundraisers can delight their best customers in direct response, which builds substantial donor loyalty.
 
 

 
 


Capital Campaigns... 4 vital phases of your capital campaign

As the saying goes, failing to plan means you're planning to fail. No matter what size your organization, there are four phases that apply to capital campaigns.

Laura Fredricks, in her book "The Ask: How to Ask Anyone for Any Amount for any Purpose," breaks down the phases of any s
uccessful capital campaign.

  • Preparation phase: Identify organizational needs for the campaign, ensure the campaign goal is realistic, identify campaign leaders who will make leadership gifts and who can also identify and solicit lead gifts. A feasibility study tests all these initial efforts and once completed a case statement should be drafted and approved by leaders before being shared with campaign prospects, so they have a clear idea of the campaign.
  • Silent phase: The campaign is kept in-house and top prospects are approached before the campaign is announced, making them feel like "insiders," as they become internal stakeholders. There are two parts to this phase: Any prospect for a leadership gift is asked and additional major prospects are asked until the organization has raised at least half the goal. This sets the example for others to make campaign gifts.
  • Public phase: Everyone is invited to participate as direct-mail campaigns kick in and employees are asked. Now is when you can announce internally and externally everything about the campaign. Showcase how the campaign will transform your organization and benefit donors, gaining momentum for the final push toward the goal.
  • Closing phase: All asks are followed up and solidified, pledges are firmed up and tracked and prior gifts to the campaigned are stewarded. Publicity continues for new gifts while leadership, volunteers and staff are thanked and recognized. A report is done on all gifts and amounts funded for each area of the campaign.

 


Copyright @ 2006 The NonProfit Times.