Uploaded bySean Triner
Retaining Donors Through Tough Economic Times
The document discusses strategies for retaining donors during economic challenges, emphasizing the importance of good relationship management. It highlights trends in individual versus organizational giving, the necessity of valuing and understanding donors, and the long-term benefits of maintaining strong donor connections. Additionally, the document stresses the need for charities to be effective in their communication and engagement with donors to ensure sustainable support.
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Retaining Donors Through Tough Economic Times
- 1. RETAINING DONORS THROUGHTOUGH ECONOMIC TIMES Presented by Sean Triner © Pareto Fundraising 2009
- 2. My favourite Charity: The Sumba Foundation How you support: Regular gift from credit card & occasional donation Why? I went to see them at Christmas last year and met loads of the kids. It was fantastic, we met .... You as a donor © Pareto Fundraising 2009
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- 4. What’s happening rightnow? © Pareto Fundraising 2009
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- 7. Individual/Organisational giving trendsBase: Total gross income, excluding Bequest and Events to give underlying trend Growth from Individual giving is much more stable than from Organisational giving. © Pareto Fundraising 2009
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- 9. Gross Income trend– Ind. Vs Org. Base: All donors © Pareto Fundraising 2009
- 10. Sources of individualgiving Base: All individual giving © Pareto Fundraising 2009
- 11. Gross income bychannel - cash Base: All individual cash giving © Pareto Fundraising 2009
- 12. Tax Appeal change+ve -ve © Pareto Fundraising 2009
- 13. Major Donors –Gifts $1,000+ Base: All cash gifts $1,000+ in 2008 from individuals © Pareto Fundraising 2009
- 14. New donors since2000 Base: All individuals © Pareto Fundraising 2009
- 15. Cash gift acquisitionvolume trend © Pareto Fundraising 2009
- 16. Regular gift acquisitionvolume trend © Pareto Fundraising 2009
- 17. Gross income trendBase: All donors © Pareto Fundraising 2009
- 18. Changes in Cashand RG income Base: All individuals © Pareto Fundraising 2009
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- 22. © Pareto Fundraising2009 Trusts 10% Posh ball 40% Appeals 45% Corporate 15%
- 23. Vulnerability Index ©Pareto Fundraising 2009 Very Important Insignificant Very vulnerable Relatively safe
- 24. SWOT © ParetoFundraising 2009
- 25. Developed 22 Christmasappeals In Australia, NZ, Hong Kong and Canada 13 up on income versus 2007, 9 down on 2007 Overall income 2008 around $41.7m versus $39.3m in 2007 New charities ALL up – averaging over 30% up Organisational income falling Specifically corporate support What are we seeing at Pareto? © Pareto Fundraising 2009
- 26. Internal vExternal © Pareto Fundraising 2009
- 27. Thanked just 66%of the time Customer care 47% of monthly gifts not set up Complaint resolved 62% of occasions Welcome pack took on average 22 days © Pareto Fundraising 2009
- 28. Crisis or Opportunity?© Pareto Fundraising 2009
- 29. Crisis or opportunity?© Pareto Fundraising 2009
- 30. © Pareto Fundraising2009 Avoiding Recession Suicide
- 31. © Pareto Fundraising2009 Practice good relationship management with donors and please don’t ignore them.
- 32. What do ourdonors want? M eet me U nderstand me V alue me R emember me © Pareto Fundraising 2009
- 33. Donors being ignored© Pareto Fundraising 2009
- 34. Good relationship management© Pareto Fundraising 2009
- 35. Find out whothey are © Pareto Fundraising 2009
- 36. Make it personal© Pareto Fundraising 2009
- 37. Make it personal© Pareto Fundraising 2009
- 38. Give feedback ©Pareto Fundraising 2009
- 39. Thank properly ©Pareto Fundraising 2009
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- 41. It’s worth theeffort – long term © Pareto Fundraising 2009
- 42. © Pareto Fundraising2009 Don’t sacrifice long term gain for short term savings.
- 43. It’s now ornever © Pareto Fundraising 2009
- 44. Smarter , rather than less acquisition © Pareto Fundraising 2009
- 45. Smarter, rather then less activity Trim “fat” or areas that offer marginal returns and protect the muscle Ideally keep the savings to reinvest back into fundraising © Pareto Fundraising 2009
- 46. Don’t sacrifice longterm for short term “ We normally send a bequest mailing in April, but this year we are scrapping it because we need to save $20,000…” © Pareto Fundraising 2009
- 47. Don’t sacrifice longterm for short term Now have over 1,500 confirmed bequestors © Pareto Fundraising 2009
- 48. Don’t sacrifice longterm for short term BUT, only now reaping the rewards © Pareto Fundraising 2009
- 49. © Pareto Fundraising2009 Focus on the things that will have the biggest impact .
- 50. It’s all aboutthe 80/20 rule © Pareto Fundraising 2009
- 51. Growth: Regular givingand bequests © Pareto Fundraising 2009 443M 394M 345M 295M 246M 197M 147M 98M 49M
- 52.
- 53. Pareto Principle © Pareto Fundraising 2009 Decile Cumulative Gross Income Count Cumulative Count % of Donors Cumulative % of Donors 1 $ 6,854,383 45 45 0.0% 0.0% 2 $ 13,708,765 292 337 0.2% 0.3% 3 $ 20,563,148 716 1,053 0.6% 0.9% 4 $ 27,417,531 1,291 2,344 1.1% 1.9% 5 $ 34,271,913 2,171 4,515 1.8% 3.7% 6 $ 41,126,296 3,557 8,072 2.9% 6.6% 7 $ 47,980,679 5,712 13,784 4.7% 11.2% 8 $ 54,835,061 10,018 23,802 8.2% 19.4% 9 $ 61,689,444 19,807 43,609 16.1% 35.5% 10 $ 68,543,827 79,193 122,802 64.5% 100.0% 122,802 122,802 100.0% 100.0% 80%
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- 55. Spend time whereit makes a difference © Pareto Fundraising 2009
- 56. Spend time whereit makes a difference © Pareto Fundraising 2009 Impact of spending time and effort on a small group – 463 donors
- 57. © Pareto Fundraising2009 Getting the balance right. Cost v value.
- 58. Cost of fundraisingincl bequests © Pareto Fundraising 2009
- 59. Cost v value:the balance © Pareto Fundraising 2009
- 60. Cost vs value:the balance Do you know the REAL cost of each program you run (including staff)? Income per fundraiser? Do you know the Value To Date of donors recruited from different sources two or three years ago? © Pareto Fundraising 2009
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- 63. My favourite Charity: The Sumba Foundation How you support: Regular gift from credit card & occasional donation Why? Their cost of fundraising is really low and I am impressed by their effective admin systems... © Pareto Fundraising 2009
- 64. My favourite Charity: The Sumba Foundation How you support: Regular gift from credit card & occasional donation Why? I went to see them at Christmas last year and met loads of the kids. It was fantastic, we met .... © Pareto Fundraising 2009
- 65. © Pareto Fundraising2009 Use data to make informed and strategic decisions.
- 66. ANALYTICAL Your GrowthYour donor behaviour ENVIRONMENTAL How much is given Growth Competition PERSONAL Transactions Bequest status Pet name Motivations STRATEGIC DATA - informs TECHNICAL DATA - used © Pareto Fundraising 2009
- 67. © Pareto Fundraising2009 Look around and see what others are doing.
- 68. How do wemeasure up? © Pareto Fundraising 2009
- 69. Pareto Benchmarking ©Pareto Fundraising 2009
- 70. Become a voyeur:mystery shop © Pareto Fundraising 2009
- 71.
- 72. © Pareto Fundraising2009 Remember that donors give to organisations that MEET needs.
- 73. What’s your storyI am a donor and I want to know what you do. Write down in a few short paragraphs what you do and why I should support you with a donation. You have six minutes. © Pareto Fundraising 2009
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- 76. Messages that stickS U C C S E imple nexpected oncrete redible motional tories © Pareto Fundraising 2009
- 77. Case for support– its got to have heart © Pareto Fundraising 2009
- 78. What’s your storyI am a donor and I want to know what you do. Write down in a few short paragraphs what you do and why I should support you with a donation. You have six minutes. © Pareto Fundraising 2009 © Pareto Fundraising 2009
- 79. © Pareto Fundraising2009 Summary. © Pareto Fundraising 2009
- 80. “ Relationship fundraisingis an approach to the marketing of a cause which centres not around raising money but on developing to its full potential the unique and special relationship between a charity and its supporter.” Burnett (1992)
- 81. “ If youare really nice to your donors they are more likely to give you more money for more time.” Triner (2007) www.seantriner.blogspot.com
- 82. Board and management© Pareto Fundraising 2009
- 83. The Pareto Principle© Pareto Fundraising 2009
- 84. Look after yourdonors © Pareto Fundraising 2009
- 85. Get more donors© Pareto Fundraising 2009
- 86. … people aregood; they care © Pareto Fundraising 2009
- 87. Karen Miller, Benevolent Society © Pareto Fundraising 2009
- 88. Last year TheBenevolent Society received a copy of a receipt sent from our organisation to a donor – what’s so great about that you ask? © Pareto Fundraising 2009
- 89. Well…the letter wasdated Christmas Eve 1920 and it was sent to a little girl aged 5 called Gwen. © Pareto Fundraising 2009
- 90. Gwen had kepther receipt all these years, in her little box of treasures and her daughter found it recently. © Pareto Fundraising 2009 Gwen had done some fundraising for us, and raised 10 shillings.
- 91. Gwen is now93 years old and would have accumulated much in her time, imagine keeping a donation receipt from when you were 5!! © Pareto Fundraising 2009
- 92. © Pareto Fundraising2009 The thank you letter reads: ‘ I have just heard that your daddie has been reading you the stories in our Christmas book, and that you then started off to get money to send us, so that we could buy things for poor children to eat at Christmas time.
- 93. © Pareto Fundraising2009 Do you know what was done with the ten shillings? They brought bread, wheat, milk, porridge, jam, golden syrup, tinned fruit, and a plum pudding, for some children whose mother had no money to go to the shops.
- 94. © Pareto Fundraising2009 You did not know that when you were making pin-holes in those flowers you were going to make some poor mother glad because she could make Christmas day a happy one, for her little children. But you have done so”
- 95. Isn’t that gorgeous? I know the language is old fashioned, but what a lovely receipt – it acknowledges how she came to make her gift and lets her know just what a difference it’s made. © Pareto Fundraising 2009
- 96. Just today Imet Gwen’s daughter and got to see the original letter – she also brought a photo of her mum aged about 5, in what looks like her Sunday best complete with ringlets. © Pareto Fundraising 2009
- 97. © Pareto Fundraising2009 She’s happy for me to share the story which is why I’m telling you now. Her daughter made a donation to us too!
- 98. © Pareto Fundraising2009 It is all about a relationship between a donor and the beneficiary
- 99. The Pareto Groupexists to make the world a better place, by expanding the not-for-profit sector's capacity worldwide to ensure as many beneficiaries are helped as possible. [email protected] www.paretofundraising.com
Editor's Notes
- #2 Who been to Joy of donors, FIA plenary, Monday prsso