At the end of September, DMAW organized its first Sustainer Week. It consisted of a session every day, totally focused on sustainers (of course), from a different angle. As someone who is totally committed to recurring giving, I’m really excited about the DMAW and the education committees with such a sustainer-focused approach. If you too are a sustainer aficionado you may have attended sessions in the past during the Bridge conference,...
Are There Links Among Donor Budgets, DAF Gifts and Recurring Giving?
Did you know that Americans who include monetary charitable giving in their annual budget gave nearly seven times, on average, than those who do not budget at all? That’s the outcome of the online survey of more than 2,000 U.S. adults conducted by The Harris Poll on behalf of Vanguard Charitable, a nonprofit that administers donor-advised funds (DAFs). This study reminded me of two things: Recurring giving is extremely convenient for those...
Why Donor Testimonials are Important
Whether you want to call it social proof, a testimonial — it doesn’t really matter. Donor’s love hearing from other donors. It helps give them that “extra” little push or nudge if you will. This works in major gift fundraising. This works in general fundraising. It especially works with recurring giving. If someone tells why they’re giving monthly, that will help motivate others. It will also help you as the fundraiser in developing...
Give Now, Pay Later
Recently, Cause Vox launched the 2021 Pledge Now, Pay Later Study. It was based upon an online survey amongst 400 American individuals, across a wide range of demographics, including age, education level and income. As you know, I love studies and statistics, especially pertaining to recurring gifts, so I was intrigued. Insight No. 1 of the study confirms why I am passionate about recurring gifts: “Donation installments would lead to increased...
Fundraising Book Review: ‘Green Green’
I love fundraising book recommendations and, as you probably know by now, I love reading (and writing) fundraising books. So here is a review of the book “Green Green,” published by Civil Sector Press, written by Canadian David Love, who has been raising funds for more than 51 years. Incredible! Congratulations! If you’ve been fundraising for a while, you may have come across David’s name or perhaps his daughter Jen Love of Agents...
Ease of Monthly Giving Key for Baby Boomers and Gen Xers
Every nonprofit wants to attract younger donors. That’s why it’s very exciting that monthly giving is so appealing to these younger donors. Why? Because they can support those organizations, they care about in a very easy way with a small amount that absolutely fits their budget. Easy and small are the key words here. Easy because they can make a gift from their credit card, their bank account, and more and more from their digital wallet like...
Should You Have a Donor Account for Monthly Gifts?
I love Next After and its tremendous research and experiments. Focused on online giving, donation pages and emails, Next After provides a lot to learn. If you know that the typical number of people who finish a gift is only 21%, that means 79% do not give, even though they go to your organization’s page to donate. Yet, you can do something about it, or, should I say, prevent that outcome. Recently, Next After — in collaboration with Fundraise...
Monthly Giving Will Grow in Popularity in the Post-Pandemic Nonprofit
Over the past few weeks, I’ve been able to do some traveling again — in-person client visits, family visits, fun. Sitting on airplanes and in airports means time to read. I never leave home without a fundraising book to enjoy (along with other books, of course). Recently, I read “The Post-Pandemic Nonprofit: 12 Disruptive Trends Your Nonprofit Must Master” by Jeremy Reis. It’s a great and easy read in some 170 pages. It took me...
Book Review of Erica Waasdorp’s ‘Monthly Giving Made Easy’
by Jim Eskin I have to start with a confession: I am a monthly giving convert. As a practitioner, I heard a lot about it at the Association for Fundraising Professionals (AFP) and other professional conferences, and my ears perked up. But when I returned to my development shop, I discussed it with the team and, regrettably, didn’t demonstrate the needed leadership to make a robust and serious commitment to make things happen as they should...
4 Examples of How Things Can Go Wrong With Monthly Gifts
As you may know, I’ve been scanning and tracking examples of monthly giving approaches and follow ups for years. There are so many wonderful ways nonprofits ask for monthly donors. So many tremendous examples of saying thank you in the most grateful of ways. There’s so much that goes right with monthly giving and the results are showing! But every now and then, I see some goofs. I’m not going to name names, but you probably know who you are...
How To Make Monthly Giving Easy In A Nutshell
Monthly giving is not hard. It doesn’t require much investment at all, and a little bit of time and effort go a long way. I hope this will help you change your mindset, and you’ll find that monthly giving truly is very easy. Why? Because you already have the tools in-house. Because you already have the channels. You are already sending letters, sending emails, using social media and you’re probably also making phone calls. All it takes...
Wake Up, Everybody!
Today I wanted to start your week off with a little music. It’s been a very loooooong year, and as many of you are about to wrap up your fiscal year, you might need some encouragement to keep pushing. Let me share with you one of my all-time favorite songs with you: “Wake Up Everybody.” I found it by accident. A few years ago, my husband and I attended a big local charity event. It was the No. 1 event to be seen at, held just before...
Identify Potential Monthly Donors Using Data
Donor data has always been important in raising funds for nonprofits. It’s literally your ‘gold.’ It provides you with everything you need to keep track of your donors and know most of what there is to know about them. Especially when it comes to outreach to potential monthly donors. Why is this helpful for outreach to potential monthly donors? For segmentation purposes, which then leads to personalization in email messaging and direct mail...
What Writing a Book About Monthly Giving Has Taught Me
You may know that I’ve been working in monthly giving for almost 30 years now. I’ve now written two books on monthly giving. My second book, “Monthly Giving Made Easy,” is due to hit Amazon and e-book outlets any minute. All in all, I believe there are now six books in total on the topic of monthly or regular giving, as they call it in other countries. Much has changed since Harvey McKinnon wrote the book “Hidden Gold”...
What’s the Cost Per Sustainer?
Sometimes, fundraisers ask me: “What’s the cost per sustainer?” Let me explain a few different types of cost. 1. What should you expect to spend to acquire a new monthly donor? The answer is: It depends. And it’s all over the map because it depends on the channels you’re using or the combination thereof. Let’s take a look at three examples. Credit: Erica Waasdorp The email example above assumes that the cost for the email program is all put...
More Recurring Gifts From Digital Approaches
Every year, Blackbaud’s donorCentrics Sustainer Benchmarking group meets and evaluates information on recurring gifts. This year was no exception. Face-to-face/door-to-door fundraising, also known as canvassing, came to a screeching halt during COVID-19. For organizations that picked those strategies back up again in late 2020, the good news is the number of sustainers is up and retention rates are also up. Let’s take a look at the growth...
A Monthly Shot of Prevention
“An ounce of prevention is worth a pound of cure.” This quote by Benjamin Franklin came to mind as I was lucky to get my second vaccine. There’s something amazingly liberating about knowing that you’ve done everything in your power to stay healthy. Not to mention that I’m really excited about traveling some more. When you think about starting or growing your monthly donors, think of it as the best way to prevent your organization from...
Protect Your Monthly Donors
I’ve seen the following happen several times in different ways. Donation platforms and donor base companies merge. A community foundation providing donation form support for organizations decides it is not their focus any longer. Nonprofits have to scramble and find a payment processor and the best forms to use quickly. And now with the GoFundMe announcement, what will organizations do if they just transitioned not too long ago? According to...
Find a Way to Address a Monthly Donor’s Hesitation
At this time, many people are looking to find out when they can possibly get vaccinated against COVID-19. I live on Cape Cod, an area with many older residents — many who have been struggling. Many of these older residents do not have access to the internet, so registration online is difficult. They do have access to the phone, though, so as a result, they’ve just started a special COVID-19 hotline with a person answering the phone at the other...
Monthly Giving Programs Are Like Eating Your Veggies
Recently, I was on Facebook Live with a colleague, and we were discussing some tips for growing monthly gifts. The question of why so many nonprofits are still hesitating about introducing monthly giving to their donors came up. It’s still a real mystery to me. It made me think of my childhood. My mom and dad always told me and my siblings (I’m the oldest of four): “Eat your veggies. They’re good for you!” They always came up with different...
Is It Tax Time Yet?
If you’ve been following this blog for a while, you know that I don’t typically recommend sending monthly thank-you letters to monthly donors. Instead, I suggest you send one thank-you letter when they join, and in that, you explain that from now on, they’ll start receiving updates on how their gifts are making a difference. Also mention that they’ll receive a tax letter in January with an overview of all their gifts. I know many of you are...
Hindsight Is Always 20/20
2020 is over, and I know nobody is sad about that whatsoever. In my drive to organize, I came across last year’s 40 nonprofit trends for 2020. Those were created well before any of us had ever heard of COVID-19, a pandemic, coronavirus or ever imagined having to wear a mask daily. So, I thought it prudent to look back and highlight a few trends that certainly came true, but very differently. Some in a good way, because it helps nonprofits be...
Hope Smiles on You
At this time of year, I like to look back over the past year. It’s certainly been very different than any other year. For every single one of us. For me, 2020 meant minimal travel, more webinars, more screen time, more appeals, more emails, more writing and working harder than ever before. I’ve been busy and fortunate to support wonderful fundraisers like you, so I’m very grateful to you. Together, we are all trying to make a difference. Here...
A Monthly Giving How-To: Use Donor Anecdotes and Your Numbers
Recently, several organizations asked me for help in making the case to provide an easier donation-processing experience for their donors. Especially during these difficult times, an extra investment may be hard to swallow and even harder to “sell” to leadership and the board. That’s why it’s really important to find all the ammunition you need to make the case. Keep track of donor anecdotes like this: Have any donors reached out and shared...
A Monthly Giving How-To: Let’s Declare September = Sustainer Month
A few years ago, I had the pleasure of presenting about sustainers with Tina Hudgins, who worked at the International Justice Mission at the time. She shared how the organization typically did a monthly donor direct mail and email invite campaign (including upgrades) in the month of September. And they’ve been doing this ever since. What a great idea! September is early enough in the giving season that it doesn’t detract from activities like...
A Monthly Giving How-To: Should You Ask for Monthly Gifts at Year-End?
A good friend asked me this question and, as good friends tend to do, I wanted to address this question right away before getting into the busy fundraising season. While I would love to tell you yes — go all out and ask for monthly gifts — the answer really should be: “It depends!” Let me explain with two approaches: First, if you’re sending out email appeals around #GivingTuesday and the last few weeks in December, I recommend you do some...
A Monthly Giving How-To: Join Monthly Donor Programs
Whenever I talk about monthly giving to a group, in person or via webinar, I often ask people how many of them are monthly donors themselves. Sometimes just a few hands go up, or a few indicate it in the poll if it’s on a webinar. Well, how can you ask someone to give monthly if you don’t know the feeling and the satisfaction it gives you as a donor if you’re not even giving monthly yourself? How can you find out what other organizations are...
On the Road to 1,000 Monthly Donors
An interview with Sami Sheehan, manager of donor engagement of Lollypop Farm, Humane Society of Greater Rochester My favorite part about working with nonprofits is how much we can learn from each other. I learn from their questions every day. I am blown away with how smart people at nonprofits are, and how committed they are to the cause. And how (fortunately) many are really committed to growing their monthly gifts, because they see the power....
How to Improve Your Online & Monthly Giving Donation Processes
I just bought my 2021-day runner filler. Yes, I’m still one of the ‘old fashioned’ people who uses a paper planner. It just helps me get organized during chaos and writing things down helps me remember! I sure hope that next year will bring some more travel again. Because that’s what I love the most. Talking to people who attend an in-person sustainer workshop or who come listen to a presentation. Hearing what some of their questions are. Don’t...
A Monthly Giving How-To: Finding the Right Tools
This past week, I received several questions from nonprofit organizations about the best tools to use to process monthly gifts. In that same week, I received three emails from vendor partners offering me the latest and greatest on monthly gift payment processing tools. Here’s a breakdown of what I’ve learned so far: Some say they waive fees for the first month. Others give money back. Some say they only charge $0.50 per transaction and no other...