7 Tips to Create a Wildly Profitable Monthly Giving Program

Posted by on Mar 21, 2018 in Case Studies, General Interest, Recurring Giving, Speaking |

Monthly giving is a huge untapped revenue source for so many nonprofits. I am still trying to wrap my head around the vast potential monthly donors offer. If you have 300 monthly donors – just how much overall revenue would these 300 lovely people be contributing to your cause each year? Let’s run the numbers: If each of those wonderful donors gave the average amount of the typical monthly gift – they would be giving $24/month. That’s really...

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Your Questions and Answers about Monthly Giving

Posted by on Mar 19, 2018 in Case Studies, Recurring Giving, Speaking |

As you know, weve been talking about monthly donors for the past few weeks. And you may have seen my Facebook Live interviews here and here with monthly giving guru Erica Waasdorp. It’s been tremendously fun and exciting to get lots of feedback and questions from attendees. Here is another guest post from Erica – responding to many of the questions we are receiving from our attendees. It’s not too late to join the Monthly Donor Intensive with...

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3 Powerful Ways to Get Your Monthly Donors to Give More

Posted by on Mar 14, 2018 in Case Studies, General Interest, Recurring Giving |

A few weeks ago, Michael Rosen published the post “How to Get Last Year’s Donors to Give More this Year.”  Guest blogger Joe Garecht shared some great advice for increasing giving. However, the post did not specifically address the issue of monthly giving. That led to a reader comment. Larry Little, President of Guardian Angel Basset Rescue, raised some important questions: Our revenues are in the $300k range but approximately 30% of that comes...

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Simplify Your Life

Posted by on Mar 10, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

I’ve been working with monthly donor programs for more than 25 years now. Wow, so much has changed. Monthly giving has become so incredibly easy to set up and organize. And yet, whenever I teach a webinar or give a presentation, fundraisers tend to glom onto the “hard parts” right away. And that’s where in many cases it stops. Please, do yourself a favor. Simplify your life and that of your donors. Take what you’re already doing now in your...

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Three Steps to Launch a Robust Monthly Giving Program

Posted by on Mar 4, 2018 in Case Studies, General Interest, Recurring Giving, Speaking |

Monthly giving programs are becoming more and more popular revenue sources. If you want to nail your own monthly giving strategies to ramp up your nonprofit’s revenue, then join our Monthly Giving Intensive with Erica. You’ll get two jam-packed webinars, slides and handouts full of tips and specific strategies for building a robust, profitable monthly giving program. Erica will also give a live Makeover session of monthly giving materials.  You...

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Report: Online Sustainer Revenue Grows 20 Percent

Posted by on Mar 4, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

This was a tough week for me. I got home from a trip and then got hit by this terrible cold. Boy, I haven’t been this sick in years! I’m finally starting to get over it, and it’s been going around like crazy. What I realized as a sick “donor” was that, because my monthly gifts are coming out of my account automatically, I didn’t have to worry about my mail; but I was still supporting the organization I care about. And you, as the organization,...

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Don’t Keep Your Monthly Donors Waiting

Posted by on Feb 28, 2018 in Annual Appeals, Case Studies, NonProfit Pro Today, Recurring Giving |

Earlier this week, I was talking with a client about their newsletter. It’s mailed to their monthly donors as a cultivation piece, with wonderful stories about how their gift has made a difference. It also goes to their active and major donors. The communications department creates the piece, and, of course, it looks absolutely amazing! But it is probably also going to mail a week or more late. The review process involves numerous people inside...

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How Important are Monthly Donors?

Posted by on Feb 27, 2018 in General Interest, Legacies and Bequests, Recurring Giving |

“If you don’t have a monthly donor program yet, you’d be wise to make that part of your plan for next calendar year and perhaps even sooner than that.” People often ask me why you should focus on this now? Well, if last year’s Harvey hurricane disaster is any indication: Monthly donors provide sustainable revenue, no matter what happens. Their gifts keep coming in, rain or shine! In essence, it’s an extra insurance policy for your...

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Keep Moving Toward More Monthly Donors

Posted by on Feb 25, 2018 in General Interest, NonProfit Pro Today, Recurring Giving |

“If you can’t fly, then run. If you can’t run, then walk. If you can’t walk, then crawl. But whatever you do, you have to keep moving forward.” — Martin Luther King, Jr. I love this quote because it’s so very true, especially when it comes to sustainers—no matter where you are in your monthly donor program. If you have a small number of them, you always want to be moving toward growing that number: to the next 50, to the next...

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How to Ask for Monthly Gifts at Your Gala Event

Posted by on Feb 3, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

A colleague consultant asked me this question last week, and I was discussing this very same thing with another organization myself. Great timing! A nonprofit in the process of launching its monthly donor program has its annual gala coming up this spring. It’s a fancy event—heavy hors d’oeuvres, silent and live auction, including a “fund-a-need” focused on something they need for their program. Donors typically pay $100 to $150 for a...

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Get Rid of Silos for Your (Monthly) Donor’s Sake!

Posted by on Jan 24, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

Hard to believe, but it’s been almost 25 years since I became a fundraiser, working for a large nonprofit, managing its monthly donor program. At the time, the development department consisted of someone responsible for donor appeals, another for acquisition of new donors and someone for major donors. Everybody was responsible to raise a certain amount a year. In those days, monthly donors “touched” the other departments, as we were only...

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Don’t Forget to Test Before You Send

Posted by on Dec 11, 2017 in NonProfit Pro Today, Recurring Giving |

I hope you had a wonderful Thanksgiving! We had a great time with my family, the turkey and all the trimmings. On Black Friday, I sat down behind my computer and made donations to some 20 organizations. The same amount for each. Some I already donate to monthly, and some I only give to this time of year. To process the 20 donations, four used PayPal, and two used Stripe, NetCommunity, Donor Perfect Weblink, Classy or Network for Good. Then...

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What Would St. Nick Say?

Posted by on Dec 10, 2017 in NonProfit Pro Today, Recurring Giving |

St. Nick (or Sinterklaas as we called him) was part of my tradition growing up in Holland. Dec. 5 was when we received our gifts as kids. The night before, we’d put our shoe with some straw and carrots for St. Nick’s white horse in the corner of our living room. And he and his little helper black Pete would come and drop our gifts near our shoes. Here are two links to the explanation of this tradition. here or here. As we got older, we’d draw...

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Nothing Is Impossible If You Just Believe

Posted by on Dec 2, 2017 in NonProfit Pro Today, Recurring Giving |

  Every year, the military base theater near us (Joint Base Cape Cod) organizes the annual Christmas tree lighting. It’s a fun event, with hot cocoa, peppermint sticks and a short visit of Santa, of course! As a military spouse myself (married to a 32-year Airforce veteran), we love our little theater, and this event is always a lot of fun. It’s so wonderful to see the little kids and adults enjoy themselves. The tree lighting is followed...

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Warning: Minimal Stress Involved

Posted by on Nov 26, 2017 in NonProfit Pro Today, Recurring Giving |

Yes, it’s true! Prime giving season is here. Everybody is on high alert. Printers are buzzing. Letter shops are stuffing appeals in overtime. Email drafts for #GivingTuesday and December are flying left and right. You’re pushing board members to commit to calling at least a few donors to say “thank you.” Some have said they’d be willing to come in and write personal notes on some of your appeal letters. And it all has to drop by Thanksgiving!...

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Should You Use a ‘Tchotchke’ for Monthly Giving?

Posted by on Oct 17, 2017 in NonProfit Pro Today, Recurring Giving |

  This is an interesting question. The first answer is that this depends very much on what you’re currently using in your appeals and messaging. The second answer is that you will never know until you test it. If your donors are used to receiving something “in exchange for a donation,” using a tchotchke or premium as a “thank you” for joining a monthly giving program may be the way to go. For example, if you’re sending out upfront premiums...

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Monthly donors, your ‘insurance policy’ during disasters

Posted by on Oct 10, 2016 in Annual Appeals, Recurring Giving |

As part of the country is cleaning up after Hurricane Matthew and others are bracing themselves for it, I was thinking about disasters and the tremendous impact on fundraising, especially in prime giving season. For example, if you’re local, based in Florida, Georgia or South Carolina and your donors have to evacuate in the middle of your busy appeal season, that will definitely have an impact! Just think back what happened with Katrina...

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Fundraising is Good, but Compliance is Better!

Posted by on Dec 16, 2015 in General Interest |

When I start working with new clients or talk to nonprofits, the following issue comes up every now and then. Thank you to James Gilmer of Harbor Compliance for his guest blog on this important issue! Fundraising is Good, but Compliance is better! Fundraising is the lifeblood of most nonprofits. Whether it’s by monthly, annual, or one-time gifts, few organizations can survive without critical donations. While your organization may be going to...

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