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RETHINKING COMPETITION

Posted by Sara Luke

Recently, I was speaking with a new client about their case for support. One of their primary concerns was how to distinguish their organization’s work with seniors from “the competition.” They identified their competition as other local retirement and assisted living facilities.

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Topics: Case For Support, Donor, Nonprofit

MAKING LEADERSHIP LESS LONELY

Posted by Bruce Berglund

One of the more interesting trends we’ve noticed in capital campaigns is a shift in leadership structure. Instead of individual chairs, we’re commonly seeing co-chairs, tri-chairs, honorary chairs and more. While this may seem like a suspect idea at first – if everyone is in charge, no one is in charge – it turns out to work really well in this critical volunteer capacity.

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Topics: Leadership, Campaign Leadership, Volunteers, Big L Leadership

PERKS OF THE JOB

Posted by Danny Maier

“I hate asking for money!” That’s the refrain we often hear from volunteers and staff alike, especially at the beginning of a campaign. I even heard it from Dr. Ed Miller of John Hopkins Medical School… someone who raised $2.2 billion during his tenure.

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Topics: Philanthropy, Art Of The Ask, Relationship Building

WHAT’S YOUR STORY?

Posted by Jon Simons

Listening to author Chimanmanda Ngozi Adichie’s TED talk, “The Danger of a Single Story,” I was reminded of a trap that I often fall into while researching donor prospects.
Through web searches, wealth screenings and giving histories, I begin to develop a profile that guides my assumptions, strategies and engagement plans. From my research, I begin to understand who the donor is and how he or she might connect to a given cause.
Or do I?
As Ms. Adichie points out, when we base our perceptions of a person from limited data and knowledge, we are in real danger of building and perpetuating their “single story.”
Please don’t misunderstand me. There is great value in prospect research to understand giving trends and capacity. My point is that capacity is only one part of the donor engagement formula. Understanding a prospect’s interest is most often the key to unlocking the potential of a deeper connection.
In fact, the most effective way to better understand someone is to visit with them, ask questions and listen! Too often we think we know someone by his or her reputation or public image. Sometimes we simply define someone by their net worth, occupation or past achievements. We fall into the trap of the “single story.”
If you want to truly understand your potential donors, seek to know them beyond their single story. Bruce Berglund, President of Donor By Design, often asks people when he meets them to share their life story from birth to today in 5 minutes. While people are initially surprised by this question, they spend the next 5 minutes (often longer) sharing the many facets of their life journey, including their passions, dreams, victories, disappointments and lessons learned.
Those stories tell us so much more about what inspires, motivates and compels a donor than a simple glimpse at their giving history and net worth ever could.
If you want to go deep, push beyond the trap of the single story.
Watch this powerful TED Talk for yourself:

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Topics: Storytelling, Prospect Research

THE KIND OF PERSON

Posted by Lora Dow

Seth Godin recently sat down for an interview about fundraising. At Donor By Design, we’ve always enjoyed Seth’s writing and applied many of his thoughts to our work,* but it was extra special to have him turn his attention to one of our favorite subjects.

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Topics: Donor Stewardship, Donor Cultivation, Case For Support, Seth Godin

SOWING SEEDS, PART II

Posted by Lora Dow

Conversations around giving can feel tricky for anyone, but I find that the people who struggle with it most are church leaders. Many pastors and lay staff are reluctant to talk about money at all. Those that do tend to focus on immediate operational needs of the church or mission-based outreach.

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Topics: Endowment, Church Fundraising, Church Stewardship, Planned Giving, Legacy

SUMMERTIME IS ONE-ON-ONE TIME

Posted by Peggy Vinson

Each summer I find that instead of a time of relaxation, work continues at a fast and furious pace. Schedules fill up and I stay focused to ensure I’m spending this precious time in the most efficient way (while still enjoying a little down time with family).

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BITE-SIZED PIECES

Posted by Lora Dow

Are you a to-do list person? Maybe you subscribe to the GTD method or prefer old-fashioned pen and paper lists. Whatever the case, you’ve probably come to realize that getting a group of people (fundraising volunteers, for example) rallied around a to-do list is a much trickier exercise than tackling your own list of projects.

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Topics: Volunteer Management, Board Leadership, Teamwork

SABOTAGING YOUR CULTURE OF PHILANTHROPY

Posted by Danny Maier

Recently, I attended a board meeting for a great nonprofit organization. Afterward, the CEO confessed that he was “really troubled that we can’t create a culture of philanthropy here. It is just so frustrating.”

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Topics: Volunteer Leadership, Board Development, Board Management, Campaign Planning

CLIMBING OUT

Posted by Bruce Berglund

In their eagerness to get a building opened, or as a result of calamitous economic changes, too many nonprofit boards have found themselves with more debt than their organization can bear. When your “customer” becomes the bank rather than the community, it’s time get serious about reducing debt.

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Topics: Nonprofit Leadership, Debt Reduction

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