Sequoia Philanthropic, LLC

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Thoughts on Fundraising

 

Thoughts on Fundraising is a series of occassional essays written by Mary Ellen Barringer reflecting on various aspects of the development process.  "One of the great benefits of working, with so many, varied organizations is that I see trends.  My clients benefit from working with someone who can implement best practices from organization to organization," says Mary Ellen.

When did you last thank your donors?

 It is the beginning of a new year.  And no matter what the economic situation, all non-profit organizations should be thinking about stewarding* their largest donors.  This effort distinguishes your organization, and promotes long-term relationships with your most generous donors.

Plan to contact the top 20% of your donors and then enlist your board members to assist.  They are the best people to deliver this message.  Stewarding donors is an effective and comfortable way to get your board members talking to your largest supporters.

The message is simple:

We appreciate your support. It is important to us!

A board member might say the following to a donor:

Good evening, Mrs. Smith.  I am Mr. Adams, a member of the XYZ Organization Board and I’m calling tonight to thank you and Mr. Smith for your generous support of our organization last year.  Your support helped us to reach XXX people with xxx services.  We want you to know how important your support is to fulfilling our vital mission.

Board members should be prepared to:

·Let donors know that the purpose of this call is to thank them for their support

·Answer any questions that might arise

·Listen for any indications of the donor’s interest

 

If the caller reaches voicemail, the script can be delivered as written above with the offer of a phone number in the case that the donor might want to return the board member’s call. 

            Try making a few of these calls yourself and then enlist your board members to enjoy this essential work of stewarding your most important resource, your top donors.  Your board members will thank you for this opportunity!

 

* The process whereby an organization seeks to be worthy of continued philanthropic support.  This is single most overlooked, and yet most important, step in the fundraising process.

 

 

 

The Process of Asking

 

 

Every solicitation should have four distinct phases.  Below you will find brief descriptions of the asking process.  Sequoia Philanthrhopic, LLC can help you develop the general script and talking points for your cultivation and solicitation visits.

  • OPENING — Help yourself and the prospect to feel comfortable. Seek to establish a rapport. Seek permission to solicit.

 

  • INVOLVEMENT — Avoid the monotony of a monologue. Invite the donor to join in a dialogue.  Practice the fine arts of watching, listening, and promoting dialogue by asking open-ended questions.

 

  • PRESENTATION — Practice verbalizing features and benefits. Accentuate the positive.

 

  • CLOSE — This actually started when the prospect gave you permission to solicit. All that is left to determine now is 1) the amount of the gift, and 2) the method by which the gift will be made.