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Advice
how to keep your donors giving donations.
GOING BEYOND
THE THANK-YOU FOR DONOR APPRECIATION AND RECOGNITION
Are you helping to raise
money for a good cause?
If so, you might believe
your job is to raise funds but really your job is to be a
“friend raiser”. Donors are indeed the “friends” of any
charitable group or organization.
So here are five ideas
on how to go beyond the standard “thank you” note to help
ensure your donors keep giving:
THANKING
YOUR DONORS
Do the math
Provide donors with
a year summary of their contributions for tax purposes.
Don’t wait until the donor asks for the information but
instead make this summary a part of your annual
correspondence to the donor.
Name your donors
Print the names of
donors by name in newsletters, programs, committee reports,
press releases. Some organizations do not do this for fear
that one person might be overlooked. But consider this: Is
it better to thank 50 people and miss one or is it better to
leave 51 donors feeling their gift was not significant? It
is good policy to ask donors if their names may be included
in such publications.
Ask a Board member to
send a personal thank you note
A handwritten card sent
by one of the Board members will make send a loud message of
appreciation to donors. Don’t skip the usual letter coming
out from the staff though. This step is an “extra” thank
you, not a replacement thank you.
Offer an privilege
Is your organization
conducting an open house? Why not host an “advance”
reception for donors? If you are planning a fundraising
event, then offer your donors a discounted ticket. If you
plan to have a rummage sale, invite donors to a preview
sale. Give your donors a reason to know they are
appreciated.
Make a visit
Go door-to-door with
your donors. If your donor works locally, then consider
making a brief visit to his or her office with a small gift.
You might bring a coffee cup filled with candy with a thank
you card attached or a recognition certificate. You’ll not
only be thanking your donor but also providing an
opportunity to give a message about your worthwhile cause to
others. You’re also likely to hear firsthand about why the
donor gives to the organization which can be valuable
information to help you know why donors feel motivated to
give to your organization.
Once you think “outside
the box” and get outside the doors of your office, you’ll
find that your appreciation of donors will generate both
funds and friends for your good cause.
To
teach and learn money skills, personal finance, and money
management, please go to the Money
Instructor home page.
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