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Fundraising: How To Avoid Three Common Mistakes

I'm a board member of a local nonprofit donors. Gather information to find out
and we are about to launch our annual what they think of your organization, why
campaign. Like other nonprofits in our they give, what they want from their
community, we are facing a very philanthropy. You can use surveys,
competitive funding environment. There interviews, focus groups or inserts in
are more agencies seeking more money from mailings.There are two benefits to this
more sophisticated donors.It's enough to approach. First, you will understand your
make you run for cover.The reality is current donors better. Second, you will
that fundraising is not easy, but it have credible information that can help
isn't impossible. There are some mistakes you find new donors or bring lapsed
to avoid if you want to be more donors back into the fold.3. The wrong
successful.1. Overestimating what your fundraising strategySometimes
donors know about you organizations try to implement ideas that
A recent ad in "The Chronicle of other organizations have used
Philanthropy" made this point very well. successfully.Before you do, you need to
There is a picture of a couple with their answer some key questions:What were the
checkbook. The text on the picture reads: specific conditions that made that idea
"They don't know why to choose your work for that organization?Do those
organization over another, how you handle conditions exist for your organization?Do
your finances, if your letter is we have the capacity to implement that
truthful." The text ends with the strategy?What are the real costs?What can
question, "And you want them to donate we realistically expect to receive?A
money?"Raise awareness of your mission. better approach is to learn what
Let people know that you are good strategies have been successful for you.
stewards of your finances. Let people Build on those strategies. Build on what
know your results. Then, ask them for you know about your capacity, your
money.2. No investment in donor fundraising history, and your
researchWhen I was growing up, my father donors.Avoid these mistakes and you will
used to say, "Sometimes you have to spend build better relationships with your
money to make money."His advice applies donors, raise more money and create more
to fundraising. Invest time and resources sustainable financial support.Judith
in donor research.The first place to Rothbaum's passion is helping nonprofits
start is with your donor records. Look thrive. She publishes a monthly
for the donors who have given the largest e-newsletter with practical management,
gifts. Then look for the donors who have fundraising and communication solutions
given the largest number of gifts. Then, for bold nonprofits on the move. She
look for the donors who have given presents seminars, workshops and coaching
recently. Make a list of those donors. programs nationwide with one key message
They are the donors most likely to give - - think boldly about who you are and
again.Continue to build on that the impact you have in your community.
relationship. Learn more about these Visit to learn more.




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