donorsfundraisingmajor giftsSocial Entrepreneurship

4 Ways Of Finding Society Donors

Nonprofits will gladly accept a donation of any size but when it comes down to it receiving a gift from higher-priced donors are much more helpful in the fundraising enterprise.The most sought after gifts come from what are called Society Donors. …

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fundraisingSocial Entrepreneurshipsocial mediaThe NonProfit Timeswebinar

Webinar: Can Nonprofits Raise Money With Social Media?

It’s the age-old question for nonprofits: Can you raise money using social media? While studies done over the last three years show that the answer is generally “no,” that doesn’t mean organizations should abandon ship.The NonProfit Times, in partnersh…

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#GivingTuesdayfundraisingSocial Entrepreneurshipsocial mediaThe NonProfit Timeswebinar

Webinar: Social Media, #GivingTuesday and End-of-Year Fundraising

UPDATE: The webinar begins today but it’s not too late to register! Sign up today to learn about this important topic.Every nonprofit wants to be a part of the social media scene. Not only will it increase your organization’s visibility, it could poten…

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capital campaignsfundraisingnewsSocial Entrepreneurship

Campaign Brings $91 Million To SDSU

San Diego State University (SDSU) just had the most successful fundraising campaign in the school’s 116-year history.

The institution announced Thursday that its annual Campaign for SDSU bought in more than $91 million during the 2012-2013 fiscal year, which ended June 30. Overall, the campaign has reached $413.8 million of its $500 million goal.

“We are grateful to our generous alumni and community supporters whose gifts continue to fuel our development as a leading public research university,” said SDSU President Elliot Hirshman. “This record breaking year is a critical milestone in the development of our culture of philanthropy.”

During 2012-2013, SDSU raised nearly $58 million for student scholarships, endowed professorships, and program support. These gifts will enhance the broad institutional goals set forth in “Building on Excellence,” SDSU’s new strategic plan, which builds upon SDSU’s areas of strength and pride: student success, research and creative endeavors and community and communication.

Some of the more notable gifts from this year’s campaign include:

  • A gift of $3 million from Charles and Chinyeh Hostler to support international programs in the College of Arts and Letters;
  • A gift of $1.5 million from the Campanile Foundation board member Terry Atkinson to establish an endowment that will strengthen SDSU’s ambitious research agenda by supporting faculty research; and,
  • A $1.5 million endowment from the late Professor Emeritus Donald G Wilson for the College of Engineering.
The Campaign for SDSU, the first campus-wide fundraising event in the school’s history, was launched in 2007 as a way to provide new opportunities for students. To date, The Campaign has received more than 43,000 gifts from alumni, friends, faculty, staff, parents and community partners, including 78 gifts of $1 million or more.

You can find more information about the campaign at http://campaign.sdsu.edu/campaign/ 

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fundraisingnewsSocial Entrepreneurship

Poor Fundraising Derails $28M NJ Community Center

Plans for a $28-million Jewish community center have been halted after fundraising for the project ran dry. Only six more weeks of construction were required.

According to a report in The Times of Trenton, plans for the community center, which was being built by the Jewish Community Campus (JCC) Council of Princeton Mercer Bucks, are likely finished as the organization has been unable to secure more funds.

“We’ve been trying to get this back on track,” Howard Cohen, president of the JCC, said in an interview with The Times. “So far, we haven’t succeeded, which means short of a miracle or something else, we can’t continue.”

Planning for the new community center began in 2006 after the old JCC, which is now the Ewing Senior and Community Center, was sold. The Council secured approval from the borough of West Windsor to build the 77,000-square-foot community center in 2007, the construction of which was made possible by using the money from the sale of the old JCC and by borrowing $11 million.

Since the Jewish community in West Windsor had been talking about a new community center for many years, Cohen told The Times he expected that donors would line up to contribute. The donations were not as plentiful as anticipated, however, and construction halted in mid-October when the JCC could no longer pay the construction bills.

According to the New Jersey Jewish News, the JCC is not only short on its construction funds, it also lacks the money to pay back the $11-million loan it received at the beginning of the project. Approximately $6 million of that loan is due in December.

While the Council is attempting to restart the project, Cohen said that he is not optimistic. “At this point, I’m not sure what kind of help there really is,” he said. “The odds are not in our favor.” He also noted that the property could soon go into foreclosure.

You can read the full story in The Times of Trenton.

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annual givingdonorsfundraisingSocial Entrepreneurship

Making The Switch To Monthly Giving

Monthly giving programs are on fundraisers’ radars these days as some nonprofits have found it to be a great source of revenue and engagement. That doesn’t mean it’s easy to switch to it when your nonprofit is already practicing annual giving.

During…

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annual givingdonorsfundraisingSocial Entrepreneurship

Making The Switch To Monthly Giving

Monthly giving programs are on fundraisers’ radars these days as some nonprofits have found it to be a great source of revenue and engagement. That doesn’t mean it’s easy to switch to it when your nonprofit is already practicing annual giving.

During…

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fundraisingSocial Entrepreneurshipspecial events

7 Elements Of A Successful Fundraising Event

Every nonprofit wants a successful fundraising event but are they doing the right things to have one? According to one expert, this is not always the case.

During a recent international conference on fundraising, Vivian A. Smith of Liberty Quest …

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fundraisinggalasnewsSocial Entrepreneurshipspecial events

Nonprofit Galas Breaking Fundraising Records On West Coast

Nonprofit galas in the Bay Area are breaking all sorts of fundraising records this year, bringing hope that organizations could soon be returning to pre-recession fundraising levels.

A report in the San Francisco Business Times reveals that many …

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donorsfundraisingnonprofit managementSocial Entrepreneurship

5 Ways To Keep In Touch With Monthly Giving Donors

Your work is done just because you got a donor to join your monthly giving program. Far from it; in fact, as fundraising consultant Pamela Grow explains, your work is just beginning.

Grow says that it’s up to you as a fundraising professional to make sure your monthly donors are made to feel special. As a member of an exclusive club, these individuals are going to be expecting world-class treatment. One of the best ways to accomplish this is to keep in constant contact with them.

In her e-book, “The Lifetime Donor Attraction System,” Grow shared five tips on how to keep in contact with your monthly donors:

  • Don’t stop communicating. Keep sending emails, as well as offers to
    upgrade their monthly commitments. These donors are also excellent
    prospects for planned giving, having demonstrated dedication to your
    nonprofit.
  • Send monthly donors special versions of your regular communications.
    Make sure they reference the donor’s membership in your monthly giving
    program.
  • Give them special opportunities, such as events, guided tours and access
    to your organization’s executives. Make sure they know the opportunity
    is exclusive to monthly givers.
  • Send special thank-yous. Think about including premiums in your thank-you correspondence with monthly donors.
  • Don’t neglect your regular correspondence. Follow up if a monthly sustainer’s renewal lapses or if she suspends payments.

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fundraisinggiving daysnewsSocial Entrepreneurship

Idaho’s First Giving Day Begins

The inaugural edition of Idaho Gives, a statewide online giving campaign run by the Idaho Nonprofit Center, began today, with more than 500 charities taking part in the event.

As reported by The Boise Weekly, there were already 1,000 donations by sunrise this morning, and donors have until 11:59 p.m. to continue giving. The five nonprofits with the most unique donors by the end of the day will receive onus grants of $3,000, $1,000, $500, $250, and $250 respectively.

All donations made on the Idaho Gives website are made to the Razoo Foundation, a 501(c)(3) tax-exempt organization which permits donors to advise a regranting of their donations to other IRS recognized qualifying 501(c)(3). The Foundation will then regrant 97.1% of its contribution to the qualifying organization as advised by the donor, retaining 2.9% for Razoo Foundation’s expenses.

Participating nonprofits are divided into three categories based on their size: Large, medium, and small. Currently leading the “large” category is Idaho Humane Society Inc., which has 134 unique donors giving $5,952. Idaho Falls School District 91 Education Foundation Inc., rounds out the “medium” category with 59 unique donors giving $2,765. Finally, Girls on the Run-Idaho Inc., leads the “small” category with $1,325 in donations from 35 unique donors.

State online giving days have a long history of success for nonprofits. In a recent article on The NonProfit Times, it was reported that 800 nonprofits received over $1 million in donations from Arizona Gives Day, held on March 20.

You can read the full story in The Boise Weekly.

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fundraisingnonprofit managementSocial Entrepreneurship

10 Fundraising Rules For Managers

Nonprofit managers often have to wear multiple hats if their organization’s mission is to succeed. One of those roles requires them to chip in on the fundraising side of the operation.

The word “fundraising” can make any executive start to sweat, but it doesn’t have to be that way. Susan Black of Allene Professional Fundraising shares these 10 rules in her white paper, “Ten Rules to fundraise By.”

  • People give to people. A gift officer needs to win a donor’s trust so he or she knows the donation is in good hands.
  • Know your story, then articulate it. It’s the gift officer’s job to
    translate the organization’s impact into relatable, digestible bits of
    information.
  • Have a plan. Your organization needs both a strategic and a fundraising plan.
  • Get out of the office. Connect with donors face-to-face.
  • Identify, cultivate, ask and than, then do it again. Your work
    doesn’t stop with the first gift; turn your donors into advocates for
    your organization and they’ll be more valuable, both monetarily and
    otherwise.
  • Remember, you are brilliant. Recognize how important your work is, and have confidence that you can get the job done.
  • Your only job with volunteers is to make them successful. Volunteers
    want to feel useful, be managed, feel appreciated, have an impact and
    share your success. Your volunteer management plan must take their needs
    into account.
  • If it’s not in the database, it didn’t happen. Recordkeeping is of vital importance.
  • It’s not about you. It’s about the donor. Practice donor-centered fundraising, and always be aware of the donor experience.
  • Measure it. Start with the end in mind, consider all the costs, and
    create success metrics before you have to use them, not after.

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