STANDING ON THE ICEBERG

     

    Over the years I’ve had the great joy of working with hundreds of non-profit CEOs/Executive Directors (EDs) and development staff. A few years ago, a young executive director called me. He was frustrated and worried that he wasn’t doing his job. Why? He wasn’t bringing in enough big checks.

    I encouraged him knowing that he was doing all the right things. He had identified his Top 20 prospects and that he was working the engagement plan with each prospect.

    He then shared that the previous director would routinely come back with large checks and pledges after lunches and dinners. This new director’s experience was very different. His lunches and coffee dates had brought back very few checks in his first year in his new role.

    This process we call fundraising is best depicted by an iceberg. What we see of the iceberg is just the 10%-20% above the water. The vast majority of the iceberg sits below the water, “supporting” the top of the structure seen by the world. What my young executive director friend wasn’t seeing was the years of relational investment the previous director had made with donors.

    The iceberg is a great illustration for our fundraising work. The vast majority of our interactions with donors should be activities related to cultivation and stewardship. This work goes often unseen and may even seem trivial. But it matters.

    It’s getting the donor’s name spelled correctly.

    It’s recognizing gifts in a timely manner.

    It’s reporting back what you did with their generosity.

    It’s being interested in their story.

    It’s having interactions that have nothing to with asking for money.

    It’s knowing their interests in your organization and mission.

    It’s engaging donors in their own philanthropic journey through their gifts to your organization.

    All of these actions lurk under the waterline, largely unseen. Ultimately, these actions determine your fundraising success.

    So the next time you see one of those “grip and grin” check presentation pictures, envision them standing on top of the iceberg – the foundation that made the gift possible.

    Posted by Bruce Berglund
    Bruce Berglund

    Written by Bruce Berglund

    Bruce Berglund, CFRE, is the founder and President of DBD Group, a national firm providing comprehensive consulting services to nonprofits, faith-based organizations, colleges and more. Bruce is a highly sought-after writer, speaker and teacher.

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