In major election years, political campaigns are at the top of everyone’s minds. Your organization’s supporters receive political advertisements and donation appeals alongside those from your nonprofit, and donors may even wonder where your organization stands on key election issues.
While 501(c)(3) nonprofits are prohibited from participating in or supporting specific political campaigns, that doesn’t mean you should ignore them. Not only can election results impact your organization’s work in the future, but there are also plenty of lessons you can learn from political campaign strategies to improve your own fundraising and marketing campaigns.
We’ll cover five concepts that political campaign staff understand well and explore how you can apply them to your nonprofit’s strategies.
1. Time is of the Essence
Since every political campaign runs on a hard deadline, they understand the importance of urgency in every facet of their operations. Political campaign staff plot out detailed field plans, campaign timelines, and editorial calendars to ensure that every action contributes to the ultimate goal of winning the election. They hit the ground running, leveraging volunteers to speak with hundreds of voters at a time about supporting their candidate.
You can approach your fundraising campaigns with the same mindset to increase their momentum and drive results. Try infusing more urgency into your nonprofit’s campaigns by:
Writing urgent calls to action. The calls to action (CTAs) that you include in fundraising appeals, social media posts, and emails should convey the importance of your nonprofit’s work and empower supporters to act now. For instance, the CTA “Donate to save a turtle today!” inspires more urgency than “Donate here.”
Hosting a phonathon. Political campaigns use phone and text banking to connect with many voters in short time spans. Your nonprofit can do the same by hosting a phonathon in which volunteers call and connect with numerous donors in one day using a standardized script.
Leveraging automation to connect with donors immediately. Marketing automation tools can help you increase the speed at which you reach out to supporters and drive more action. By automatically sending emails or texts immediately after a donor gives, for example, you can quickly strengthen that relationship and inspire further involvement.
Additionally, make sure to frequently update donors on the progress of your campaigns, projects, and programs to show them that your nonprofit is working urgently to put their donations to good use.
2. Public Opinion is Paramount
Political campaign strategists spend plenty of time and resources researching the opinions of voters and crafting messages that will resonate with them. They understand that voters get a candidate elected, just like a nonprofit’s donors enable it to further its mission, and they prioritize voter opinion effectively.
Donors’ opinions, priorities, and concerns should play a central role in your nonprofit’s strategy development, guiding how you approach marketing and fundraising campaigns.
To better understand and speak to your audience’s motivations, send out periodic surveys to ask for their feedback directly. Ask questions like:
Why do you donate to our nonprofit?
What do you consider to be the most important aspects of our cause?
What other causes are you interested in?
What kinds of programs do you want to see from us in the future?
If you could change one thing about our organization, what would it be?
Along with asking your donors directly, take into account research on the opinions of the general public. For example, 77% of consumers want to purchase from companies with corporate social responsibility (CSR) initiatives like matching gift programs. With this in mind, your nonprofit might prioritize your matching gift fundraising campaigns to appeal to the public’s interest in CSR.
3. Volunteers are Drivers of Change
Similar to nonprofits, most political campaigns don’t have large teams and therefore have to rely on volunteers for major efforts like canvassing and phone banking.
Because these efforts are so critical to the success of political campaigns, campaign staff understand and value their volunteers’ power to enact change. Some campaigns even use distributed organizing tactics, giving leadership positions to select volunteers and empowering them to lead their own volunteer teams on behalf of the campaign.
Your nonprofit can take inspiration from these tactics by improving your volunteer program and empowering volunteers to act. Use the following strategies to do so:
Emphasize skill development. No matter what kind of volunteer opportunities you offer, they involve certain skills that volunteers get to develop when they participate. Highlight the opportunity to improve soft skills like leadership and communication along with relevant hard skills like gardening or teaching.
Host peer-to-peer fundraising campaigns. Let volunteers take the lead on fundraising by hosting a peer-to-peer campaign in which they raise money on behalf of your nonprofit. These campaigns give volunteers a chance to develop their fundraising skills and deepen their relationship with your nonprofit.
Show appreciation to volunteers often. Volunteers are more likely to stay involved with your organization when they feel like their participation is appreciated and makes a genuine difference to your mission. Appreciate volunteers by sending thank-you emails, giving them small gifts, and regularly asking for their feedback.
With a more empowered, involved volunteer force at your disposal, your nonprofit can start taking advantage of corporate volunteering programs, too. Invite volunteers to tap into their employers’ volunteer grant initiatives to make an even greater impact on your cause.
4. Digital Channels Make a Difference
Your nonprofit likely already uses a variety of digital communication channels to connect with donors and spread greater awareness of your nonprofit’s work. But are you leveraging these channels to their full extent?
For political campaigns, digital marketing and outreach is a top priority. They use digital tools like text banking software, canvassing apps, and social media outreach tools to get their message in front of voters across as many channels as possible. They also use a mix of paid and non-paid advertising methods to reach new online audiences.
Think about the digital channels your organization hasn’t yet explored and how they could give your fundraising campaigns a boost. You might try tapping into video marketing, for instance. Or, you could leverage free programs like the Google Ad Grant to try out search advertising. Take stock of the resources you have at your disposal, then choose a few new digital avenues to tap into.
5. Mobilization Requires Multiple Touchpoints
Political campaigns don’t stick to one canvassing or volunteer recruitment method — they use a combination of phone banking, door-to-door canvassing, text messages, social media advertising, email, and more. Campaign staff understand that one message or conversation isn’t enough to mobilize voters and volunteers.
The same is true for nonprofits. To truly inspire action from your supporters, you need a multi-channel fundraising strategy that provides plenty of touchpoints with current and prospective donors. This may include channels like email, text, social media, direct mail, your website, and more.
For the best results, segment your audience based on factors like their donation histories, past involvement, and communication preferences. Then, tailor your outreach and fundraising appeals to the interests of each group to make every touchpoint more meaningful.
Applying These Lessons to Matching Gift Fundraising
Political campaigns and nonprofits may seem different on the surface, but both aim to enact change by touching the hearts and minds of their supporters. This is especially true when it comes to matching gifts — by mobilizing your donors to request matching gifts from their employers, you’ll inspire them to double their impact on the causes they care about.
To apply these political campaign lessons to your matching gift fundraising strategy, try taking the following steps:
Use a matching gift automation tool to immediately follow up with match-eligible donors and instill urgency in your appeals.
Solicit feedback from donors who have requested matching gifts before and use their opinions to guide your matching gift fundraising strategy.
Promote matching gifts across all your online channels to create multiple digital touchpoints with match-eligible donors.
By incorporating these lessons into your organization’s next matching gift fundraising campaign, you can find new ways to engage supporters and mobilize them to act.
https://doublethedonation.com/wp-content/uploads/2024/03/NGP-VAN_Double-the-Donation_Political-Campaign-Lessons-That-Nonprofits-Can-Learn-From_Feature.png5761536Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-03-15 19:12:242024-03-15 19:12:245 Political Campaign Lessons That Nonprofits Can Learn From
Fundraising is the backbone upon which universities are built, helping to expand educational offerings, enhance campus infrastructure, and prepare the next generation of changemakers.
University fundraising, however, is not merely about securing financial contributions; it is a delicate and multifaceted dance of identifying your need for support, articulating the profound impact of your institution, and cultivating long-term relationships with donors.
With philanthropic giving to higher education increasing by 12.5% in 2022, donors are becoming increasingly more inclined to contribute to colleges and universities. Equipped with the most up-to-date information about university fundraising, you’ll be set to engage donors and garner their support.
In this guide, we’ll cover everything you need to know about university fundraising, including:
Whether you’re a seasoned professional looking to refine your approach or a newcomer seeking a strong foundation of knowledge, these insights will help you build a sustainable fundraising program that stands the test of time.
Emerging University Fundraising Trends
Higher ed fundraisers have to stay up-to-date with evolving donor expectations, technology advancements, and shifting societal priorities to remain competitive and relevant in a dynamic philanthropic landscape.
Here are three university fundraising trends to be aware of:
Digital fundraising: With the increasing prevalence of online communication and giving platforms, universities are leveraging digital channels to engage donors and raise funds. This includes the use of crowdfunding campaigns, virtual fundraising events, and social media outreach to reach a broader and more diverse donor base. Digital fundraising also allows for data-driven strategies to maximize donor engagement and contributions.
Impact philanthropy: Donors increasingly seek transparency and accountability in how their contributions are used. Universities are responding by emphasizing the impact of philanthropic gifts and providing clear metrics on how donations are making a difference in areas such as scholarships, research, and community outreach. This trend encourages donors to align their contributions with specific initiatives that resonate with their values.
Ethical fundraising practices: Universities are embracing sustainable and ethical fundraising practices that prioritize long-term relationships with donors and the well-being of the institution. This includes a focus on ethical stewardship of donor relationships, a commitment to diversity and inclusion in fundraising efforts, and adherence to best practices in data privacy and security to build trust with donors.
Universities that adapt to these trends can position themselves for success in engaging donors and securing the resources needed to advance their missions.
The Most Popular University Fundraising Ideas
As you review the following fundraising ideas, consider how you can adapt them to align with your specific needs and alumni base.
Annual Giving Drive
The primary goal of an annual giving drive is to generate unrestricted funds that can be used to support the institution’s immediate and ongoing operational needs, such as scholarships, faculty support, program development, and infrastructure maintenance.
Some institutions may choose to run their annual giving drives on a fiscal year schedule rather than a calendar year schedule. Regardless, structure your campaign around this timeline:
Pre-campaign planning (11-12 months before the deadline): Form a campaign committee or team responsible for planning and execution. Work together to determine how much money you need to raise, what the funds will be used for, and how the contributions align with your institution’s overall mission.
Campaign preparation (9-10 months before the deadline):Develop a compelling case for support and prepare a launch plan that includes a coordinated announcement across channels.
Active campaign period: Reach out to potential donors through personalized and targeted communication efforts, whether that be through direct appeals, phone calls, or email campaigns. As the campaign nears its end, leverage urgency in your calls to action to ensure your goal is met.
Campaign evaluation (1-2 months after the deadline): Review donor data and assess the effectiveness of your segmentation and communication strategies. Share the impact of the campaign and how donations have been used.
It’s important to note that you may need to adjust the specific timeline for your annual giving drive based on your institution’s unique circumstances and objectives.
Matching Gift Programs
Matching gifts are a philanthropic practice in which employers, often corporations, financially match their employees’ charitable contributions to nonprofits and universities. When a university fundraiser secures a donation from a donor whose employer offers a matching gift program, the impact on university fundraising can be substantial. It essentially doubles the donor’s initial contribution, significantly increasing the total funds raised for the institution.
This matching process not only boosts the university’s financial resources but also encourages donors to give more generously, as they recognize the added impact of their contributions.
Raise awareness.78% of donors are unaware if their company offers a matching gift program, so it’s important to raise awareness of these giving opportunities. Include information about matching gift programs in your fundraising communications and on your university’s website. Ensure that donors are aware of the existence and benefits of these programs, and provide clear instructions on how to participate.
Engage corporate partners. Build relationships with local and national corporations to encourage them to establish or expand their matching gift programs. Collaborate with corporate partners to promote the program to their employees and alumni, facilitating a seamless matching gift process.
Simplify the process. Make it easy for donors to submit matching gift requests with 360MatchPro. The platform automatically sends donors the information they need to complete their match and follows up when needed. Plus, it allows universities to track the progress of matching gift submissions in one easy-to-use interface.
Watch the video below to learn how the University of Lynchburg leveraged 360MatchPro to streamline its matching gift process and generate increased revenue:
As you’ll see, 360MatchPro makes it easy to double the impact of your university fundraising efforts. To get started, request a demo!
For university fundraisers, crowdfunding can be a lucrative venture because it harnesses the power of the collective, tapping into a broad network of donors who are passionate about the university’s mission and projects, potentially resulting in substantial financial support from a diverse group of contributors. Even students can get involved, with nearly 8% of current students contributing to crowdfunding initiatives.
When you launch a crowdfunding campaign, be sure to:
Set clear and specific goals. Define clear and measurable goals for your crowdfunding campaign, such as the amount of funds you aim to raise, the project or initiative you’re supporting, and the timeline for the campaign. Specificity helps donors understand the purpose and urgency of their contributions.
Engage your university community. Use various communication channels, including social media, email newsletters, and campus events, to raise awareness and encourage involvement. Engage volunteers and ambassadors who can help spread the word and reach a wider audience.
Facilitate student-led fundraising. Consider creating dedicated sections or sub-campaigns on your crowdfunding platform where student groups, clubs, or organizations can create their own fundraising initiatives. Provide guidelines and support to help student groups set up and manage their campaigns effectively.
Use the momentum generated by the crowdfunding campaign to build on the success and cultivate ongoing relationships with donors for future fundraising initiatives.
Grant Writing
Pursue grants from government bodies, private foundations, and corporations to fund research projects, academic programs, and infrastructure development. Leverage these grant-writing tactics to increase your win rate:
Understand the grantmaker’s priorities. Before you begin writing a grant proposal, thoroughly research the grantmaker’s mission, goals, and funding priorities. Tailor your proposal to align with the specific areas of interest or focus outlined by the grantor.
Craft a compelling narrative. Tell a persuasive and engaging story in your grant proposal. Use clear, concise language to convey the significance of your university’s project or program. Highlight the potential impact on students, research, or the community, and provide concrete examples and evidence to support your claims.
Address the grant requirements. Pay close attention to the grant application guidelines and requirements. Ensure that your proposal meets all specified criteria, including format, word count, submission deadlines, and any requested attachments or supporting documents. Failure to adhere to these guidelines can result in your proposal being disqualified.
Grantmakers often want to see that their funding will have a lasting impact. Therefore, you should also outline a clear plan for the sustainability of your project or program beyond the grant period.
Corporate Partnerships
Corporate sponsors provide universities with a stable source of financial support that can enhance academic programs, scholarships, and research initiatives. Plus, the partnership can strengthen the university’s reputation and attract philanthropic contributions from other sources.
Research and identify alignment. Research potential corporate sponsors to identify organizations that align with your university’s mission, values, and goals. Seek out companies with a history of supporting educational initiatives or whose corporate giving priorities align with your institution’s programs.
Create customized proposals. Tailor your sponsorship proposals to the specific interests and needs of each potential corporate sponsor. Outline the benefits and opportunities that partnering with your university can offer, such as brand exposure, access to a talented pool of students, research collaboration, or community engagement.
Once you’ve secured a corporate sponsor, maintain a strong and transparent line of communication. Regularly update them on the progress of their sponsorship, including the impact of their support and any milestones achieved. Sharing success stories, data, and reports demonstrating the tangible results of their partnership reinforces their commitment and fosters a sense of ownership and pride in the collaboration.
Endowments
Endowments encompass invested donations that grow over time to provide increased value. Educational institutions can use this university fundraising tactic to fund:
Scholarships: Endowments often support scholarships and financial aid programs, ensuring that deserving students have access to higher education regardless of their financial circumstances. These funds can cover tuition, fees, books, and sometimes even living expenses.
Professorships: Endowments can be designated to attract and retain top-tier faculty members and provide resources for cutting-edge research and academic excellence.
Research programs: Lastly, endowments can fund university research programs. These funds may provide the school with research grants and fellowships, equipment, new research centers, or seed funding for pilot projects.
Creating endowments for your university is beneficial because it provides your institution with a stable source of income. This type of fundraising also attracts major donors, allowing you to build relationships with supporters who have the highest giving capacities.
Planned Giving
Encouraging donors to include your university in their estate planning can lead to long-term, reliable financial support. Identify donors who are nearing retirement or already retired, have a history of significant contributions, and are actively involved—these are prime candidates for planned giving.
Then, appeal to these prospective donors, keeping in mind that:
Timing and context are crucial. Choose the right moment and setting for your discussion. Invite prospective donors to a formal face-to-face meeting or virtual conversation where you can devote ample time to the topic without distractions.
Planned giving is a sensitive topic. Instead of directly asking donors whether or not they want to invest in planned giving, you might inquire about their long-term philanthropic goals, their connection to the university, or their aspirations for leaving a legacy. This approach allows donors to express themselves freely and can naturally lead to discussions about their estate.
The benefits may be unclear. If donors express an interest in planned giving, walk them through the benefits, mentioning the opportunity to leave a lasting legacy on their alma mater and receive significant tax advantages. Additionally, explain their giving options, including bequests, charitable trusts, and gift annuities.
Because planned giving often involves complex financial arrangements, you should consult with legal experts throughout this process to ensure compliance with relevant laws and regulations.
Special Events
Fundraising events can attract significant donations and enhance your networking opportunities. For the best results, host events that are creative and will inspire a large turnout like:
Art auction gala: Host an elegant evening featuring an art auction with pieces donated by alumni, faculty, and local artists. The event combines the appreciation of art with philanthropy, allowing attendees to bid on unique artworks while supporting the university’s initiatives.
Taste of the world festival: Celebrate cultural diversity by organizing a food and cultural festival. Invite local vendors and international student organizations to showcase their cuisine, music, and traditions. Attendees purchase tickets to taste various dishes, with proceeds benefiting international programs or scholarships.
Student talent show: Showcase the talents of students, faculty, and staff in a talent show or variety performance. Sell tickets for entry and use the proceeds to support student scholarships or arts programs.
Campus scavenger hunt: Organize a campus-wide scavenger hunt where participants follow clues and solve puzzles to discover hidden treasures or landmarks. Participants pay an entry fee, with funds raised going towards campus improvements or student initiatives.
Throughout the event planning process, consider how you can engage potential donors who may not be able to attend the event in person. For instance, when hosting a scavenger hunt, you might add an exclusive map to your website or mobile app that allows attendees to participate virtually.
3 Tips for Hosting a University Fundraising Campaign
As you prepare to launch your next university fundraising campaign, keep the following tips in mind to ensure it’s a success.
1. Develop a clear fundraising strategy.
Define your university’s fundraising goals and priorities. Establish a comprehensive plan that outlines the specific projects, initiatives, or areas that require funding.
Be sure to identify your target donors, whether they are alumni, corporations, foundations, or individual philanthropists, and tailor your strategy to appeal to their interests and values.
2. Diversify outreach.
Donors have varying communication preferences and motivations for giving. Using a mix of channels, including social media, email, direct mail, phone calls, and in-person events, caters to these preferences and increases the likelihood of engagement.
In addition to more traditional methods, you may incorporate more unique outreach opportunities like eCards. When you thank your donors or invite them to an event with an eCard, you grab their attention and communicate with them in a more interactive, exciting way.
You may also reach potential supporters through Google Ads. With the Google Ad Grant program, philanthropic arms of higher educational institutions can unlock $10,000 in Google Ad credits for free. This way, your organization can show up at the top of the search results for relevant searches and secure more support.
For the best results, segment your donor list based on factors like giving history, affinity to specific university programs, and communication preferences, and personalize your outreach accordingly.
3. Cultivate strong alumni relationships.
Alumni who feel connected to their alma mater are more likely to contribute. That’s why it’s important to engage with your alumni community on a regular basis, not just when you need their financial support.
Stay in touch through regular newsletters, social media updates, and invitations to alumni events. In addition, recognize their accomplishments and contributions to the university, seek their input on important initiatives, and provide opportunities for alumni to mentor or support current students.
A Final Note About University Fundraising
Remember that the fundraising landscape is not a fixed path but a vast terrain of opportunities waiting to be explored. With each step, you can gain experience, build lasting relationships, and contribute to the enduring legacy of higher education.
For more information on university fundraising, review these additional resources:
https://doublethedonation.com/wp-content/uploads/2024/02/University-Fundraising_Feature-Image.png7502000Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-02-26 15:04:462024-02-26 15:04:46A Guide to Navigating University Fundraising with Confidence
From recurring donors to annual fundraisers to merchandise sales, the more income streams your nonprofit has, the more financially secure your organization will be. The key source of revenue that can bring in reliable funding year after year is grants.
Grant funding amounts and requirements vary wildly as every grantmaking organization has their own unique application process. While there are skills and knowledge, like grant writing, that carry over from application to application, your nonprofit will need to learn the specific requirements of each organization you apply to.
This is where grant research tools come in. Along with helping you find grants, these tools provide insight into the application process, potential funding amounts, and contact information for the grantmaker.
To help your nonprofit build relationships with funders and earn your next grant, we’ll explore our top recommended grant research tools.
Grant Research Tools FAQ
What are grant research tools?
For the most part, grant research tools are searchable databases of available grants. Given that most grant databases have several thousand grants listed at a minimum, these databases have an extensive array of filters for users to narrow their search to grants applicable to their purposes.
Different grant databases often overlap in content. After all, if one grant database provider is aware of a foundation’s new grant opportunities, chances are many other providers are as well. However, one way to sort grant databases by content is to split them into three categories:
Government grant databases. Many grant databases include both government and foundation grants. However, databases run by government entities usually only have information on government-offered grants.
Foundation grant databases. Most third-party grant databases focus on grants provided by foundations. Many foundations lack an online presence or may rely entirely on trusted grant databases to promote their grant opportunities. Since these types of foundation grants are much more difficult to find and apply for than government grants, most independent grant databases focus on promoting opportunities from foundations.
Research grant databases. Academics use specialized grant databases that focus on research grants and fellowships. These databases usually require a fee to access or can be accessed through a university. For the most part, these databases are irrelevant to nonprofits.
Note that specialty grants may not be listed in these databases. For example, the Google Ad Grant is a unique type of grant that rewards recipients with ad credits rather than dollars. For the Google Ad Grant and other highly specialized types of grants, it’s best to explore their websites directly rather than using a database for information.
Why do grant research tools matter?
Nonprofits can search for individual foundations and open grants they are aware of without needing any specific tool. However, grant research databases compile all the information your nonprofit needs to apply for grants in one place, allowing you to:
Discover grants. Approximately 90% of grantmaking foundations do not have websites, meaning nonprofits need third-party tools to learn they exist in the first place. Grant research tools can help you refine your search and uncover foundations you may not have known about but are a good fit for your nonprofit.
Evaluate your nonprofit’s fit. There are thousands of foundations across the United States alone, and deciding which grants to apply for is essential for maximizing your potential funding. Use grant research tools to identify which foundations are the most likely to approve your grant application so you can focus your time and resources.
Get grantmakers’ contact information. Cultivating relationships with grantmakers is a major part of securing grant revenue long-term. Many foundations prefer nonprofits, especially if they do not have a previous relationship with their organization, reach out to introduce themselves before submitting a grant application. Grant research tools can provide you with the email address or phone number of grantmaking organizations’ point of contact so you can connect and formally introduce your nonprofit.
Some grant research tools have even more features that help streamline the grant application process. For instance, some tools are just databases for finding grant information, while others provide grant management tools that allow you to track specific grant deadlines, organize applications, and manage your awards.
What should my nonprofit look for in a grant research tool?
Grant research tools vary in the features they provide, the depth of information for grants in their database, and the costs of accessing their services. Before conducting grant research, consider what types of grants you intend to apply for and what tools you’ll need to complete your applications.
For instance, if you intend to apply for many grants, it may be worthwhile to invest in a paid but comprehensive grant management tool. In contrast, if you just need basic information about a few grants and would like to avoid extra fees, there are free resources your nonprofit can rely on.
With that, let’s explore our top grant research tools and what types of nonprofits can benefit from each option.
What about matching gift grants?
Corporate giving programs like matching gift grants and volunteer grants are additional funding that your nonprofit can earn from corporate sponsors. While these types of contributions could be considered grants, nonprofits don’t use traditional grant research tools to find them. Instead, you need a matching gift database.
Matching gift databases contain information about a wide range of companies’ matching gift grant programs. Your nonprofit can use this tool to look up specific businesses that employ many of your supporters. You can also provide supporters with access to the database via a matching gift search tool you embed in your website. This way, supporters can look up their own eligibility and apply for a matching grant themselves.
1. Candid
Overview
Formerly known as GuideStar, Candid’s Foundation Directory is one of the most comprehensive grant databases available. Candid’s team uses over 35 distinct information sources, including IRS returns, grantmaker websites, annual reports, philanthropic news, and connections with individual grantmakers, to keep their directory up-to-date on the latest grants.
Candid’s Foundation Directory is primarily meant for registered 501(c)(3) organizations and unregistered nonprofits with fiscal sponsors. These groups can use the directory to search for grants based on:
Subject
Location
Grantmaker type
Type of support
Trustee names
The Foundation Directory is ultimately a search tool for nonprofits interested in finding grants relevant to their cause. Candid’s data visualization tools also allow nonprofits to view giving trends and assess whether a specific grantmaker is likely to fund their organization.
Costs
Candid has Enterprise, Professional, and Essential plans available. Foundations, academic institutions, and large organizations are encouraged to explore custom-priced Enterprise plans, but other nonprofits can jump right into Candid via the Professional plan ($133.25 per month) or the Essential plan ($37.42 per month).
2. Grants.gov
Overview
Grants.gov is the United States government’s main resource for organizations seeking federal grant funding. Grants.gov is specifically for United States-based organizations, including nonprofits, educational institutions, Native American organizations, city governments, and small businesses. There are even a few grants individuals can apply to.
The main draw to Grants.gov, of course, is the ability to discover government-backed grants. Organizations looking to apply for a government grant should use this database like they would other grant research tools and narrow their search to the most relevant opportunities. Once you discover a grant that fits your organization, you can hit the red “Apply” button in the top right corner of each grant’s information page to begin your application.
Along with the searchable database, Grants.gov also has a wealth of information on grants in general, including basics on grant terminology, eligibility requirements, fraud, and even career development in the grant space.
Costs
Organizations can sign up with Grants.gov for free. However, there are multiple steps to take before completing their registration. Specifically, nonprofits must register their organization at SAM.gov, the United States registry for organizations that do business with the federal government. Registering for SAM.gov is also free.
Signing up with SAM.gov takes an average of 7-10 business days, after which you will receive a Unique Entity Identifier (UEI) that you can use to sign up for Grants.gov. Nonprofits will need to renew their registration with SAM.gov annually.
3. GrantStation
Overview
GrantStation is a grant database that contains grants from the following types of organizations:
Independent, family, community, and corporate foundations
Corporations
Faith-based grantmakers
Additionally, GrantStation includes grants from U.S. federal and state governments as well as Canadian government grants and some international grants. GrantStation encourages users to select their specific country and state and then enter several terms related to their cause to narrow their search results.
GrantStation also offers several resources related to grant writing, such as examples of past winning proposals, a grants calendar, and grant-related webinars. Some of these resources are available for free while others require a membership.
Costs
Organizations signing up for access to GrantStation’s database can choose between a one-year $179 membership or a two-year $249 membership. GrantStation also offers a newsletter with grant resources that nonprofits can subscribe to for free.
4. Instrumentl
Overview
Instrumentl is a grant management and research tool for nonprofit organizations and grant writing consultants. Nonprofits can use Instrumentl to find, track, and apply for grants, while grant writers can use it as a tool for managing the various grants they are writing for clients.
For each grant opportunity listed in Instrumentl, users can click in and see an overview of the specific grant and a detailed breakdown of the grantmaker’s 990 report. While nonprofits can find 990s themselves with enough research, Instrumentl displays the information in a user-friendly format, allowing users to easily discover grantmakers’ total assets, total giving, giving per year, contact information, and which organizations have received previous grants.
Instrumentl also aims to help nonprofits navigate one of the most common hurdles in finding grant opportunities: discovering and making contact with invite-only grantmakers. These grantmakers only allow select organizations to apply for their grants and often lack a web presence, making introducing your nonprofit and building a relationship a challenge.
Instrumentl provides invite-only grant organizations’ contact information, as well as their history of past grant recipients. This allows nonprofits to better assess their networks to determine if they have an in with these exclusive grantmakers and begin building a relationship.
Costs
Instrumentl offers access to its grant management tools and full grant database at three price points depending on your organization’s size and level of need. Nonprofits can also sign up for a 14-day free trial to see if Instrumentl is right for them before subscribing.
5. GrantScape
Overview
Finding and applying for grants are only the first steps to an effective grant management strategy. To avoid penalties and receive future funding, nonprofits also need to maintain grant compliance. For nonprofits looking for assistance managing their grants, GrantScape is a grant database powered by the grant compliance experts at Thompson Grants.
GrantScape provides subscribers with access to its comprehensive database of more than 11,000 grant opportunities from foundations and government agencies. Additionally, subscribers can access GrantScape’s “knowledge center,” which provides online modules dedicated to various aspects of the grant process. With backing from Thompson Grants, these modules discuss complex legal parts of grant management, such as how to handle grant expenditures, monitor federal subawards, and understand audit law and policy.
Plus, to make sure you know how to use the grant database to its maximum potential, GrantScape provides new users with a 30-minute consultation to answer questions and provide tips for effective grant research strategies.
Costs
Users have the option to subscribe just to GrantScape or get a package deal that includes GrantScape database access by signing up with Thompson Grants. Nonprofits interested solely in the GrantScape database can purchase access at a monthly or annual rate. In contrast, those interested in training rather than a database alone can subscribe to Thompson Grants’ webinar training pass to attend grant-related webinars and subscriber events.
6. GrantForward
Overview
Universities and colleges need specialized grant databases focused on academic funding and research opportunities. Higher education institutions can find what they’re looking for with GrantForward.
GrantForward has a database of over 63,000 grants for researchers. To avoid getting overwhelmed, researchers at your institution can also create individual profiles on GrantForward that state their field of study and research interests. Then, GrantForward will recommend funding opportunities that fit their profiles.
To help train everyone at your higher education institution to use the database, GrantForward provides instructional tools that universities can share with researchers as well as resources for how to roll out GrantForward’s grant research tools to your team.
Costs
The price to access GrantForward is determined by institution size. Contact their team to receive a detailed pricing plan.
7. National Endowment for the Humanities
Overview
Government grants can be divided based on the agency or department funding them. One notable organization to discuss is the National Endowment for the Humanities (NEH). NEH is an independent federal government agency and one of the largest funders of humanities programs in the United States.
NEH is essentially an offshoot of Grants.gov and has the same sign-up requirements and no extra costs.
8. Catholic Funding Guide
Overview
Religious-based nonprofits sometimes struggle to find grants they are eligible for. Fortunately, Catholic organizations and grantmakers alike have the Catholic Funding Guide to connect with one another.
Using highly specialized grant databases like the Catholic Funding Guide can help your nonprofit instantly find more grants that are relevant to your cause. Organizations using the Catholic Funding Guide already start off knowing funders are interested in their organization type and can then further refine their search based on interest area, geographic location, funding amount, and more.
Along with helping grantees find funding, the Catholic Funding Guide helps grantmakers find potential grantees. With the Amplify feature, grantees can create posts about their projects. Then, grantmakers can review proposals and reach out to nonprofits about projects they want to fund.
Costs
Interested Catholic organizations can sign up for either the Standard $229 annual or the Professional $299 annual plans.
9. Local Government Resources
Overview
Sometimes one of the best places to look for grant resources is your own backyard. Check your town, city, or county’s website for grant information. The number of resources and available grants will depend on the size and population makeup of your city.
For example, Atlanta, Georgia is such a strong supporter of the arts that art-related grants have an entire website dedicated to them.
On the other hand, Portland, Oregon has a dedicated grant specifically for small organizations, allowing nonprofits of all types that support the community in some way to receive funding. Additionally, Pittsburgh, Pennsylvania has a special grant for emergency funding that only opens up when disasters hit the city.
Research your local government’s grant resources to see if there are opportunities that fit your nonprofit. If your organization is new to applying for grants, these smaller-scale grants are valuable opportunities in and of themselves and also useful stepping stones for earning larger grants. After all, federal grant applications are often long and detailed, so get practice in applying for a local grant to ensure you’re ready when the time comes to level up your grant strategy.
Costs
Just like with Grants.gov, your local government resources are most likely to be free. You may need to create an account or provide proof of your organization’s nonprofit status, but it’s unlikely there will be any fees.
10. Grantmakers.io
Overview
Not every grant database is a business designed for enterprise-size nonprofits. For instance, Grantmakers.io is a free grant database run by a one-man team. The site scans and formats foundations’ publicly available Form 990s. As a result, nonprofits can conveniently search through basic profiles for over 100,000 foundations.
At a glance, each foundation has essential information displayed, including:
Number of grants offered
Average grant amount
Whether the foundation has recently offered grants
Whether the foundation has paid staff or is operated by volunteers
The foundation’s website
Whether the foundation potentially accepts unsolicited grant applications
Total assets
In addition to foundations, users can also explore grant recipients. Seeing what organizations foundations are giving to and in what quantities can help set your nonprofit’s expectations when seeking grant funding. After all, if a foundation gives to many nonprofits similar to yours, then your grant proposal is more likely to align with their mission.
Costs
Grantmakers.io promises to be, in the website’s creator’s own words, “Free as in freedom and free as in food.” If you would like to, you can even donate to Grantmakers.io to help keep the content free and support the site.
More Grant Research Tools
Grant research tools are essential for helping your nonprofit find the funding opportunities you need to power your mission. Use grant databases that fit your budget and contain information on the types of grant funding relevant to your nonprofit.
However, keep in mind that there’s more to grants than just receiving funding through foundations and government programs. To discover other types of grants your nonprofit can tap into now, explore these resources:
Corporate Volunteer Grant Programs: Learn the Basics. Volunteer grants are a special type of grant that your supporters can start earning for your nonprofit right now. Discover how to take advantage of these grants.
https://doublethedonation.com/wp-content/uploads/2024/02/grant-research-tools_Feature.png6001600Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-02-23 22:14:142024-02-23 22:14:14Get on the Path to Earning Grants: 10 Grant Research Tools
Imagine this: Your museum must temporarily close its doors while making intensive repairs to the building’s entrance. Or, a decrease in animal adoptions causes a lull in your shelter’s main source of revenue. How do you continue funding your mission?
45% of nonprofits have no emergency fund at all. Of those with cash reserves, more than half of them have less than enough to cover 3 months of their operating expenses for the year. This means that most nonprofits depend on continual fundraising efforts to operate and otherwise have little to no backup plan.
If you’re a nonprofit leader looking to prepare for the unexpected and establish financial fortitude for your organization, this guide is for you! Let’s take a closer look at how you can prepare for times of need with nonprofit operating reserves.
What are nonprofit operating reserves?
Nonprofit operating reserves are funds set aside to sustain an organization through economic uncertainty. These funds serve as a nonprofit’s financial cushion, stabilizing its finances on a “rainy day.”
Financial hardship can crop up almost instantly, such as a roof replacement needed after damage from a storm. These situations can also last for a long time, like the COVID-19 pandemic’s enduring effects years after social distancing mandates were lifted. To prepare for unanticipated costs, your nonprofit must have access to a healthy amount of emergency funding.
How much does your nonprofit need in reserves?
All nonprofits are different, especially when it comes to their funding and operating expenses. Using the examples from earlier, a museum must pay for utilities, but an animal shelter has the added costs of feeding and providing medical services for the animals in its care.
For this reason, no single standard for nonprofit operating reserves applies to all organizations. The key is to have adequate cash resources available to cover time-sensitive expenses, such as payroll, and to account for unforeseen costs or increases.
Some general guidelines include saving three to six months’ worth of expenses, but no more than two years’ worth. At a minimum, nonprofits should be able to cover one full payroll, including taxes.
Where do nonprofit operating reserves come from?
Just like building a savings account for personal finances, nonprofits can develop their operating reserves over time by generating a surplus and designating the excess to be part of a reserve fund. Some organizations include contributions to their operating reserves as a line item in their budget to ensure they’re regularly growing this fund.
Sometimes, nonprofits also receive grants or donations specifically meant to build their operating reserves. This is especially helpful when nonprofits have no surplus and need an extra boost to get started.
What is an operating reserves policy?
Beyond merely growing your operating reserve funds, your nonprofit needs a designated policy to ensure these funds are used properly. An operating reserves policy defines the guidelines and goals of a nonprofit’s operating reserves, including important details such as:
Rules for building the reserves
Authorization for using the funds
Requirements for reporting spending
While these guidelines protect funds from being spent unnecessarily, your policy must be flexible to allow for ease of access in times of need.
How to build your nonprofit operating reserves
Nonprofit operating reserves should be a top priority in every organization’s budget, but how should you begin building this fund? Let’s take a closer look at the steps your nonprofit can take to create an operating reserves policy and start saving.
1. Calculate your operating reserves ratio.
Before creating your policy, determine where your nonprofit’s finances currently stand by calculating your operating reserves ratio. Using either the previous year’s actual expenses or your projected expenses for the current year, divide your operating reserves by your annual operating cost.
As a result, you’ll see what percentage of your annual operating costs could be covered by your savings fund if needed.
2. Set a goal amount.
While there is no standard amount that all nonprofits should adhere to, The NORI Workgroup suggests that 25% of an organization’s annual operating expenses (or 3 months of expenses on average) is a good baseline. To set your target to this amount, multiply your total annual expense by 0.25. For other goals, adjust the percentage as necessary.
The most important element of this goal amount is ensuring it meets your nonprofit’s needs. Rather than choosing a percentage at random, consider the potential uses for this fund and your plan for what to do in such a situation.
For example, even if your museum can’t raise funds through ticket sales during its roof repair, donations from miscellaneous fundraisers might provide extra funding to help your organization get by. Consider any supplementary revenue like this and the intentions for using your operating reserves.
3. Determine your strategy to build the fund.
Depending on your nonprofit’s financial situation, some strategies may be more effective than others for building your operating fund. However, there are a variety of ways you can contribute to your reserves, including:
If you choose to raise funds for your operating reserves through a dedicated fundraising campaign, consider which type of fundraiser will help you raise the most. Then, boost the amount you earn by promoting matching gifts. This corporate giving opportunity can increase not just your nonprofit’s revenue, but donor participation and donation amounts, too.
In fact, 84% of donors are more likely to give and 1 in 3 donors would give more if a match was offered, meaning this fundraising strategy can effectively maximize the amount your nonprofit raises for its operating reserves. For more information on how to make the most of matching gifts, watch the following video:
As the video explains, matching gifts offer twice the funding for the time and effort your nonprofit puts into acquiring one gift. To double the amount you raise for your nonprofit operating reserves, look further into matching gifts and how you can promote them to willing donors.
While you won’t be able to determine the specific circumstances under which the operating reserves fund may be used, you can establish a distinct purpose for the funding that guides any future usage of it. For example, the fund’s purpose might be to:
Ensure the stability of the nonprofit’s programs
Cover an unexpected increase in expenses
Compensate for an unexpected decrease in funding
Make purchases to build capacity, such as investing in infrastructure
You’ll want to write out this purpose as part of your policy to ensure everyone is held accountable. Additionally, it could be helpful to mention anything the fund should not be used for to provide extra clarity.
Be sure to also put an individual or team in charge of reviewing and approving requests to use the funds, such as the Executive Director of the board of directors.
5. Assign authority for using the fund.
Along with the circumstances for using the fund, your nonprofit should have a clear chain of command when it comes to who is allowed to access the reserves. Assign authority for using the reserves, including who can request usage and who can authorize it.
In this phase of the process, you should also determine how you’ll report and monitor the fund. Who will be responsible for ensuring the operating reserve is properly used and what accountability measures are in place? For example, a nonprofit operating reserve fund may be kept in a segregated bank account and referred to in financial records by a unique name.
Operating reserves policy template
To effectively outline the necessary guidelines and protect your operating reserve funds from misuse, your operating reserves policy should include the following essentials:
The purpose of the reserves
The types of reserves and the target amount
Authority for using each type of reserve fund
Responsibilities for using operating reserves and reporting use
While these policies are unique to each nonprofit, there are some general guidelines any organization can follow to develop one. For a comprehensive view of what this policy should look like, use this template:
Additional resources for developing an operating fund
It’s no mystery that your nonprofit needs operating reserves. Using the tips in this guide, you can start building an emergency fund to sustain your organization in the most unexpected of situations. For more tips and strategies to maximize your fundraising and build your operating reserves, check out the following resources:
Prospect Research: The Ultimate Guide for Nonprofits. Identify your major givers with prospect research to unlock larger gifts and build your operating reserves. Learn the basics of prospect research in this complete guide.
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As a nonprofit professional, you likely already understand the importance of marketing in collecting funds and making your cause known. From attracting donors and pursuing matching gift opportunities to promoting your services to your target audience, marketing is a key strategy for successful nonprofits.
Your nonprofit’s fundraising events are no different. Successfully marketing your fundraiser is crucial to the event’s success, not to mention positive fundraising outcomes, and gets your community excited about participating.
When it comes to your charity golf tournament, it’s important to cast a wide net to attract new supporters to your cause. Golf events have a unique appeal. The sport is more popular than ever, so getting the word out about your golf fundraiser lets folks know that they can play the game they love while supporting a great cause.
Ready? Start spreading the word about your golf fundraiser today with these five creative marketing tips:
Without further ado, let’s dive in with our first recommendation.
1. Use an Event Website
An event website for your charity golf tournament serves as the homepage for the event and where folks can go to find more information and get involved. Customize the site with pertinent information about your nonprofit, its mission, and what the tournament is raising funds for. It’s also a good idea to include the tournament’s schedule, recognize sponsors, and give visitors the chance to donate.
And if you’re going to incorporate matching gifts in your event strategy (which you should!), you’ll want to ensure your site is equipped with matching gift information, too.
Interested in learning more about how corporate donation-matching can play a role in your event strategy? Jump to the bonus section now!
The best thing about an event website is that it makes promotion as simple as sharing a link in all your online channels—social media, email campaigns, your nonprofit’s website, or even online ads. You’ll also end up saving a ton of time by collecting registrations and selling sponsorships right on the website.
2. Choose a Memorable Event Name
A catchy tournament name is a great way to brand the event and your marketing campaign. A tournament logo is another option you can leverage in a variety of ways to help connect folks to the event and what it’s raising money for. For example, use the tournament logo and its branding on t-shirts for organizers and volunteers, hole signage, banners, email campaigns, promotional graphics, giveaways, and more. Of course, it should be front and center on the event website.
Get your planning team, staff, or board together for a brainstorming session to settle on a tournament name that makes a lasting impression. Some ideas to get your creative juices flowing might include:
Swing Fore the Kids
Putts Fore Pets
Fairway to Heaven
Putting for Miracles
Teeing Up Hope
Holes Fore Heroes
Scramble for a Cure
If you’d rather stick to a traditional tournament name, such as a “Charity Golf Classic” or “Memorial Golf Tournament” that’s perfectly fine—but consider a specific tournament logo that makes your event stand out.
3. Incorporate Gamification Elements
Competition is a natural part of a charity golf tournament. You can leverage friendly competition in your marketing to help engage supporters about your event. In fact, integrating gamification into your golf tournament gets supporters and participants invested before they even tee off. Try these gamification ideas to get started!
Use a fundraising thermometer or donation tracker on your event website and in social media materials. Post updates and graphics in the days and weeks leading up to the tournament so people can see how their donation can help move the needle towards your goal.
Launch a contest to encourage people to recruit additional teams to play in the tournament. Not only does this help spread awareness about your tournament and cause, but you can stoke a little friendly competition by offering prizes to those who bring in the most number of teams. You might offer mulligans, raffle tickets, and drink tickets as prizes.
Implement user-generated content challenges. Leveraging user-generated content in your marketing provides a great opportunity to broaden your campaign’s reach. For example, you could have golfers share posts with a photo of their teams in the lead-up to the event and have social media followers vote on their favorite team names or costumes by liking, commenting, or sharing posts.
Add an auction to your tournament and promote it in your pre-tournament marketing. Silent and live auctions can certainly be competitive—in the best way possible—because they drive more dollars for your nonprofit. High-end prizes like a donated stay-and-play opportunity at a destination golf club get donors excited and engaged before, during, and after the golf tournament.
4. Collaborate With Local Celebrities & Influencers
Influencer marketing is another tool in your nonprofit toolkit to spread awareness about your nonprofit and your golf event to new audiences who otherwise might not have known about it. Plus, online channels have made it easier than ever to connect with celebrities and influences who can help amplify your event. Consider these options:
Local celebrities. You don’t have to have A-list celebrities involved to make an impact. Local celebrities, like the mayor, local news anchor or meteorologist, radio personality or host, community sports team, or well-known business owner, are more accessible and can add a draw to your fundraiser. It’s a win-win—you’ll get great exposure and they’ll be publicly associated with a great cause.
Social media influencers. Whether you’re connecting with influencers in the nonprofit sector, the golf world, or in your local area, you can improve your event’s visibility with social media partnerships. NXUnite’s list of nonprofit influencers is a great resource for learning more about the nonprofit influencer space.
Once you’ve made contact with them, work together to outline a mutually beneficial partnership. Perhaps in exchange for promoting your tournament on their socials and appearing at the event, they receive a complimentary team registration or two. Consider devoting a specific part of the event to the VIP, such as a hole-in-one contest hosted by them or a signed raffle prize or auction item donated by them. Highlight their presence in your marketing materials to get the most out of the partnership.
5. Leverage Cause Marketing With Corporate Sponsors
You might think of sponsorships primarily in the context of monetary donations. But in fact, you can leverage your corporate partnerships for marketing purposes, too. Cause marketing is marketing carried out by a for-profit business to advance a charitable cause or better society—in this case, your charity golf tournament.
Reach out to your nonprofit’s current corporate partners with a mutually beneficial proposal, providing positive exposure and outcomes for both parties. Your matching gift software can help here, too, when you use donor employment insights to identify top prospects for marketing partnerships.
Then, much like with influencer marketing, think of ways to sweeten the deal in exchange for their partnership, like offering a complimentary team registration for promoting the tournament to their employees or clients.
If leveraging corporate sponsorships isn’t an option for your nonprofit, you might consider offering sponsorship packages for your golf tournament that include cause marketing components. For example, a local business might underwrite paid social media campaigns or television or radio spots in exchange for exposure to your tournament’s field. GolfStatus recommends targeting businesses that are interested in getting in front of the golfer demographic. In either case, you should work closely with the sponsor or partner to determine how you can meet each other’s needs.
Bonus: Double Event Donations with Matching Gifts
As a nonprofit fundraiser, you’re surely looking to get the biggest bang for your buck with your upcoming golf event. Fortunately, integrating employee matching gifts into your overall fundraising strategy can go a long way. And there are a few key ways to do so. These include:
Matching event donations — Any gifts contributed above and beyond an event ticket cost or registration fee can typically be matched by individuals’ employers as usual. Just let your donors know that they should complete the matching gift request process for their company. You can even use a matching gift database like Double the Donation to supply supporters with employer-specific submission forms, guidelines, and more.
Matching the tax-deductible portion of event tickets — The cost of an event ticket or registration fee might be match-eligible, too! However, this process may be a bit more nuanced depending on the individual’s employing company. While the donation portion of the transaction (which is also the tax-deductible amount) will likely qualify for a match, the event’s fair market value will typically need to be deducted from the payment total.
Corporate matching gifts not only supply nonprofits and their events with an additional source of fundraising revenue, but they also incentivize greater individual generosity. In fact, Double the Donation studies indicate that 84% of donors are more likely to give if a match is offered (resulting in a 71% increase in response rate). At the same time, 1 in 3 donors would give a larger gift if a match were available, leading to a 51% increase in average gift size.
In other words, incorporating matching gifts is one of the best ways to supercharge your efforts and bring your fundraising event success to new heights.
Wrapping Up
Once you have a date and location locked in for your charity golf tournament, you’ll want to start planning your marketing efforts so you can start gaining traction as soon as possible. Your planning team should play a crucial role in marketing your golf tournament. You might even appoint someone to take charge of marketing efforts to ensure campaigns are moving forward. A robust marketing campaign is critical to the success of your golf tournament.
February is a time to celebrate love and happiness—and matching gifts. That’s why it’s been dubbed the official Matching Gift Month. This year, we recommend taking the opportunity to scale up your matching gift promotional efforts accordingly.
We’ll cover everything you need to know to celebrate corporate giving and drive action (and matches) this February.
Looking for new and exciting ways to amplify your nonprofit’s matching gift efforts leading up to Match Month? You’ve come to the right place. At Double the Donation, we’re experts at matching gifts, and we’ve compiled a list of suggestions sure to elevate your engagement efforts this February.
Ready to bring your matching gift fundraising to the next level? Let’s explore top recommendations for making the most of Match Month—and see what your team can do to bridge the knowledge and funding gaps alike.
What is Matching Gift Month?
Matching Gift Month is an annual celebration of corporate donation matching, often used to increase awareness and usage of match programs. Held in February each year, Match Month is an opportunity to recognize the extensive impact that corporate philanthropy programs, like matching gifts and more, can have on nonprofit fundraising groups.
And what is that impact? Research indicates that an estimated $2 to $3 billion is donated through matching gift programs each year. That’s a substantial source of funds provided to charitable causes like yours. Not to mention, the mere existence of a match incentivizes individual donors to give at new heights, too. The same reports state that 84% of donors are more likely to give if a match is available, while 1 in 3 would give a larger amount if a match were to be applied.
However, an additional $7 billion goes unclaimed by qualifying nonprofits and their donors each year—largely due to a lack of information surrounding the programs. That’s why many mission organizations and schools are taking the opportunity to elevate their matching gift fundraising and push the initiatives forward this year. And Match Month is the perfect chance to begin.
10+ Powerful Ways to Celebrate Matching Gift Month This Year
These smart marketing and engagement ideas inhabit a fun sense of novelty this month. But they’re also impactful for long-term engagement in your organization’s overall strategy.
For the best results, we suggest integrating multiple of the following methods—both this month and beyond.
1. Give your internal team a refresher course.
Before ramping up your organization’s matching gift efforts for Match Month, it’s a good idea to take a look inward. Hopefully, your internal fundraising team should be well-versed in matching gift information. But perhaps you’ve had a few new team members join since your last group training. Or maybe your staff (and volunteers!) could just use a refresher.
The solution? Start the month off right with your own team. Take the time to reiterate the importance of corporate matching gift programs. Practice asking common matching gift questions, ensuring that all individuals have the knowledge and assets to answer them.
You can even provide your team with access to educational resources and other materials to help grow their knowledge and preparedness for the celebrations ahead.
We have some fantastic free eBooks, blog posts, templates, webinars, and more at Double the Donation.
Plus, we offer the industry’s first-ever Matching Gift Academy—an online learning hub encompassing 45 lessons and more than 7 hours of informational video content across 10+ modules.
When it comes to driving matching gift revenue, your internal team encompasses your greatest assets. Make sure they’re equipped to advocate for the opportunities as best they can!
Top tip:
Though the Academy is valued at $199 per year, current 360MatchPro clients can access the learning system at no cost. Just head to the back-end of your matching gifts portal to locate your organization’s unique coupon code!
2. Share on social media.
Your organization likely has at least one, but likely a number of profiles on popular social media sites. Whether it’s a Facebook page, an Instagram profile, or even a TikTok account, your strategic web presence can go a long way toward marketing matching gifts online.
And what better time is there to begin (or to elevate your strategy) than a month dedicated to all things matching gifts?
To get started, consider sharing the following types of content on your nonprofit’s social profiles:
Images and videos
Social media platforms are increasingly visual-focused. If you want to grab—and maintain—your audience’s attention as they scroll through their feeds, research indicates that incorporating eye-catching images and videos is the way to go. In fact, studies show that image-based social posts receive 2.3 times more engagement than those without, and posts with video content can see up to 10 times higher engagement levels.
That said, Match Month is an optimal time to produce and share matching gift marketing videos and imagery. Or get started with our pre-made social media graphics here! (Hint: click each image to enlarge the attachment and download a copy.)
For more templates and sample matching gift posts, head to “Marketing Assets” within the “Resources” tab in your matching gift portal. Then, explore our customizable social media designs for Instagram, Facebook, LinkedIn, and more—including graphics specifically for celebrating Match Month.
Not a client yet? Get a demo to see if Double the Donation is right for your team and gain access to a range of tools and resources!
Industry research
Highlight key statistics that effectively demonstrate the potential that corporate matching brings. Double the Donation has compiled some of our favorite metrics here, including an overview of unclaimed funding and a wide range of participating companies.
Check out these examples:
65%
of Fortune 500 companies offer matching gift programs.
26 million+
individuals work for companies with matching gift programs.
11%
of corporate cash donations are made through matching gift programs.
$2.86 billion
was contributed through corporate matching gift programs last year.
$4-$7 billion
in matching gift funds are left unclaimed by eligible donors each year.
Social media is driven by connectivity, networking, and social proof. That’s why case studies, testimonials, and other success stories can be some of the most influential content you can share!
Take a look at a few examples here:
Sharing the total sum of matching gift revenue (e.g., “Our organization collected more than $50,000 in matching gift funds in the past year from donors like you”).
Highlighting specific examples from prior match donors (ex: “Sarah from Home Depot secured a corporate match on our behalf equaling $5,000, bringing her total contribution value to more than $10,000”).
Spotlighting user-generated content from prior match donors (“According to Jennifer, long-time matching gift donor, ‘I love having the chance to stretch the value of my donation, and getting my employer to support my favorite cause is great!’”)
Showcasing historic community impact (“Thanks to generous matching gift donors last year, we were able to feed an additional 1,000 families in need through corporate match funding we received.”)
Your supporters care about the impact your organization (and, by extension, their donations) brings. When your followers see the influence that other matching gifts have had, they’ll be more likely to take steps to do so themselves.
Reiterate that donation-matching programs enable donors to double their impact without reaching back into their own wallets. If you can put it in terms of tangible impact (e.g., feed two shelter cats for the cost of one), even better!
3. Optimize your site for matching gifts.
Social media marketing is great—but there’s only so much you can share in each post. So, how can you ensure your audience can easily access the information they need to take action? Be sure every matching gift-related item you share links back to additional resources for learning more.
The best place to house those resources is your organization’s website. If you already have a built-out matching gift web page (which you should), consider driving traffic to the page for supporters to learn more about the opportunity. And if you don’t have an existing matching gifts page, Match Month is the perfect time to build that online hub.
Here’s an example of a well-designed matching gifts page to consider:
This inspiring sample follows all of our recommended practices. Take a look at the embedded matching gift search tool (which empowers donors to locate the information they need in seconds), a helpful infographic to visualize the involvement process, a detailed FAQ section, and information about the institution required for donors’ requests. Not to mention, it’s prominently located on the school’s navigation menu!
From there, we also suggest integrating matching gifts directly into your online donation process. Ideally, this should include an employment data widget to your giving form and company-specific program details on the confirmation screen.
Does your organization send regular newsletters as a way to keep donors and other supporters in the know about upcoming events and opportunities? A matching gift-focused newsletter—whether physical or digital—can serve as a powerful tool for raising awareness of matching gift opportunities.
And it’s a great way to elevate engagement with the annually celebrated Match Month.
At the very least, consider adding a section about Matching Gift Month involvement in your standard newsletter. But an entire edition dedicated to matching gifts can go a long way toward inspiring participation in the programs!
Programs like these are known as fundraising match programs. And since these initiatives can also be considered a form of donation-matching, they can fit perfectly into a well-rounded Matching Gift Month plan!
Here’s how it works:
Your organization facilitates a peer-to-peer fundraising campaign in conjunction with Matching Gift Month (February).
Your team reaches out to fundraising match-eligible contacts and encourages them to fundraise on your nonprofit’s behalf. (Be sure to mention your Matching Gift Month celebrations and the opportunity for their total funds to be doubled by their employer!)
Volunteer fundraisers solicit donations from their family and friends and participate in any associated event or campaign activity.
At the conclusion of the campaign, fundraisers submit requests for their companies to match the sum of their funds raised.
Fundraisers’ employers review the requests and verify that submissions adhere to program criteria.
Fundraisers’ employers approve the requests and disperse funding to the organizations for which their employees fundraised.
For example, let’s imagine that John Doe of State Street Corporation raises $1,572 for your organization. This is collected from 15 peers and associates through a social fundraising effort your team hosts this Match Month. When John requests a match from his employer, State Street supplies an additional $1,572 for your cause. This brings the total value of John’s fundraising efforts to $3,144!
That’s a lot of extra funding for your mission—all while engaging your donors at new heights and growing corporate support.
Top tip:
Use your matching gift database tool to uncover fundraising match opportunities in your donor network. Platforms like Double the Donation supply information about many types of corporate giving programs—including volunteer grants and fundraising matches when available.
6. Encourage non-eligible donors to advocate for new programs.
Unfortunately, not all companies match employee donations (though new programs are added every day). And some employers are likely interested in getting started—they might just need a little push to do so.
Luckily, your existing (and non-match-eligible) donors can be some of your best champions for inspiring new matching programs. Sometimes, all it takes is an email from a philanthropic employee to get the ball rolling for a new corporate program. And Matching Gift Month can be the perfect time to begin laying a foundation.
Consider sharing a template like this to provide a baseline for supporters considering advocating on your behalf this month:
Subject line: Request for a corporate matching gift program
Hi [manager or HR representative name],
I am writing to request the addition of a corporate matching gift program at [company name].
Thousands of companies across the globe have established employee matching gift programs, agreeing to match gifts made by their employees to qualifying nonprofit causes with their own corporate donations.
This is an extremely beneficial program to host for every party involved—including the company, its employees, and the nonprofits they support. If you’d like to take steps to establish a matching gift program for the company, Double the Donation has provided a number of detailed guides that walk corporate leaders through the process.
Thank you for your consideration!
P.S. — February is National Matching Gift Month, so it’s a great time to get started!
Use 360MatchPro’s “Leading Companies” tool, which showcases the employers most often searched by donors using your company database tool, to identify businesses in your network without existing match programs! Then, craft a personalized plan for pitching a matching gift program or encouraging your donors to do so themselves.
7. Pursue one-off matching gift program opportunities.
Most companies that match employee donations agree to do so to most nonprofit causes. However, if an organization has an existing partnership with a corporation, it may seek a one-off (or unique) matching gift program that is exclusive to the cause.
In some cases, this type of offering can be an ongoing sponsorship opportunity. But it also may be limited to a particular period of time—such as Matching Gift Month! Thus, February (and/or the weeks leading up to February) can be a great chance to begin pursuing such a relationship.
There are a few types of one-off matching gift programs to consider. These include…
One-off match initiatives with companies that do not yet offer complete matching programs. (For example, Carl’s Computer Company does not have an established matching gift program but agrees to match donations solely made to Atlanta University.)
Agreements with companies that do offer traditional matching gift programs but want to match donations to your organization at a higher rate. (Ex: Carl’s Computer Company matches employee donations to all 501(c)(3) nonprofits at a dollar-for-dollar rate and matches gifts made to Atlanta University at a 2:1 ratio for the duration of Matching Gift Month.)
Keep in mind that both types of programs can be beneficial to your cause, your donors, and your corporate partners. In either case, your donors’ employing companies can be some of your most valuable prospects!
Top tip:
Once you’ve established a one-off match with a corporate partner, add the program details (including eligibility criteria and submission instructions) to your company search tool using 360MatchPro’s custom matching gift management feature. This way, the program will populate in your employer search tool, making it quick and easy for donors to access the information they need to participate.
8. Follow up on previously made donations.
Your organization’s work promoting Matching Gift Month might very well drive a number of new donations—and matches—to your cause. But another strategy you can employ involves following up on previously made gifts. Then, encouraging still-eligible donors to submit their requests retroactively.
Here’s a sample follow-up email you might send:
Not to mention, Match Month falls just a few weeks after the year-end giving season when most organizations see elevated giving. Many of those donations may still qualify for corporate matching, even into the first few months of the new year.
In fact, tons of companies set generous matching gift request deadlines—often accepting submissions for up to a year after the initial donation is made. Take this opportunity to remind eligible donors about their employers’ matching gift programs and how they can get involved.
Top tip:
Use a matching gift automation tool (like 360MatchPro) to automate outreach and trigger personalized donation follow-ups!
9. Include matching gifts in staff email signatures.
This is perhaps our simplest suggestion for celebrating Match Month, but it can be particularly effective when paired with some of our other top ideas. We recommend adding a quick line mentioning matching gift opportunities to all of your team members’ email signatures.
More than likely, your organization sends a ton of emails—from donation appeals to thank-you messages and even nonprofit programming outreach. By incorporating matching gifts in automatic signatures, you can use every piece of communication with your cause as a way to promote donation-matching.
While you could add a simple blurb beneath an individual’s name and contact information, making it stand out can produce great results. For that reason, consider getting a graphic made and added to each person’s signature.
You can even use the space to link to additional resources where recipients can learn more.
10. Consider matching challenge grants.
Corporate matching gifts aren’t the only type of match opportunity your organization should keep an eye out for—they’re just the most widely available. But other match-based initiatives, like challenge grants, also have the potential to multiply the impact of a group’s fundraising success.
Rather than a company matching the donations its employees make to charitable causes, challenge grants are facilitated as a way to offer a donation match to all of a nonprofit’s supporters. Typically offered by a generous major donor, corporation, or foundation, these programs are generally organized according to a set time frame (e.g., a 24-hour period) or predetermined threshold (such as up to $10,000). Then, any individual who gives within the time frame prior to the match fund being depleted will have their gift doubled for your cause by the challenge grant supplier.
It’s important to remember, too, that challenge grants and matching gifts are usually not mutually exclusive. That means you can layer a few matching gift opportunities on top of one another (for example, a donor’s gift being matched through a challenge grant and by their employing company) to further amplify your efforts.
And that’s what we recommend doing to celebrate Matching Gift Month!
Bonus: Make matching easy.
Our final idea for celebrating Matching Gift Month is one that will benefit your organization well beyond the 28 (or 29) days of February. A lot of our previous recommendations involve raising awareness of program opportunities in the first place. Now, we suggest going a few steps further and driving matches by simplifying the processes involved.
After all, donors love matching gifts. They love getting the opportunity to multiply their contribution impact. But even your most dedicated supporters might not follow through when the process is too complicated or time-consuming.
That’s why we recommend fundraising organizations employ matching gift software to streamline and simplify the process. For example, 360MatchPro by Double the Donation empowers nonprofits to:
Identify eligibility with the industry’s most comprehensive matching gift database and corresponding search tool, making it quick and easy for donors to locate the information they need to participate.
Provide employer-specific matching gift program guidelines (minimum and maximum donation amounts, qualifying employees and nonprofit causes, match ratios, and more) and direct links to online submission forms, thus driving more requests to completion with actionable next steps.
Enable innovative auto-submission capabilities, allowing eligible donors to complete the match request process directly from the organization’s giving page and removing critical roadblocks facing traditional matching gift submissions.
Trigger automated and personalized matching gift follow-up messaging to remind donors about matching gift availability and encourage them to take the next steps in their companies’ request processes.
Seamlessly implement a matching gift solution into their existing fundraising ecosystem thanks to ready-built integrations with nearly all leading donation tools, peer-to-peer platforms, CRMs, and more—empowering organizations to get up and running with gift-matching strategies in minutes!
Not only does this benefit your donors by making matching programs more accessible, but it also ensures more back-end efficiency for your internal team and results in matching gift revenue growth of more than 61%.
Drawing inspiration from other nonprofits’ Matching Gift Month efforts can be highly beneficial for organizations strategizing their own campaigns. Not only can successful examples provide invaluable ideas and insights, but they can also spark creativity among your team and establish a deeper understanding of what resonates with nonprofit audiences.
That said, take a look at these Match Month campaigns to aspire to.
Example #1: Matching Gift Month Social Media Post
This independent Massachusetts private school took to Facebook and other social media platforms to promote the corporate matching gift opportunity last Match Month.
This institution uses the post as a way to promote matching gifts and encourage unprecedented individual giving. Not to mention, it links to the school’s matching gifts page and company search tool. These resources can supply additional information and assist supporters in getting started!
Example #2: Matching Gifts Web Page
One university opts to use its matching gift web page as a way to increase awareness about Match Month celebrations.
The blurb, which is embedded in the web page, encourages users to research their companies’ matching gift programs and double their giving impact if they qualify. It also includes an informational matching gift video that uses animated graphics to visualize the institution’s matching gift efforts.
Example #3: Match Month Landing Page
This organization published a dedicated landing page on its website as a way to drive awareness of Matching Gift Month among its supporters.
The page begins with a flashy and eye-catching graphic, shares specific performance metrics that reiterate matching gift impact, and implements an embedded company search tool. It even includes a template supporters can use to advocate for matching gift efforts when their employers lack such programming.
Example #4: Matching Gift Month Blog Post
In order to encourage Match Month participation among its supporters, this nonprofit published an informational blog post on its website.
The article outlines the basics of Matching Gift Month, emphasizes the importance of matching gifts for the organization’s mission, and shares additional resources donors can use to pursue matching gift opportunities (such as a direct link to the dedicated Match Page and integrated search tool). Plus, it uses illustrated statistics to communicate the availability of employee gift-matching in a user-friendly way!
Matching gifts have the potential to elevate your organization’s fundraising, bringing your overall community impact to new heights. February’s celebrations can be a fantastic opportunity to jumpstart or scale up your efforts. But it’s certainly not the only time to pursue this funding source.
As you aim to drive awareness of (and participation in) the programs this month, remember that the value of a long-term matching gift strategy can boost your fundraising for years to come. Keep in mind that the practices outlined above—and powering your team with the right tools and resources—can help!
Looking for more helpful matching gift resources? Check out our other recommended blog posts to continue learning:
Complete Guide to Matching Gifts
Dive into the basics and beyond with this complete guide to corporate matching gift programs.
Find out everything from common guidelines and well-known programs to streamlining your efforts with matching gift software.
Not all match-eligible donors will complete their submission processes right away. Discover several impactful strategies for driving more matches to completion with this smart guide.
https://doublethedonation.com/wp-content/uploads/2023/01/DTD_The-Complete-Guide-to-Celebrating-Matching-Gift-Month_Feature.png6001600Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-02-01 16:05:182024-04-02 12:28:24Here’s How You Can Celebrate Matching Gift Month This February
Your university’s alumni are vital members of your community, and they need a place to go when they have questions about resources, events, and ways to give back—that’s where alumni websites come in.
These websites aren’t just online hubs for your alumni community, they’re also valuable tools for boosting alumni engagement and retaining donors. If you’re creating an alumni website for the first time or looking for improvement ideas, the best place to start is other successful websites. In this guide, we’ll explore:
As we analyze the best alumni websites, we’ll also touch on key strategies you can use to boost website engagement, from telling alumni stories to promoting matching gifts. Let’s get started by covering the essential features every alumni website needs.
Essential Alumni Website Features
Just like your main university website must address the needs of prospective students, parents, donors, and current students, your alumni website should feature everything your alumni may need or want to explore. This makes it essential to have clear navigation to the most important pages and information alumni will be looking for.
For most universities, this includes:
A donation page. Alumni who love their alma mater and want to give back to current and future students should be able to easily find your donation page. Make sure there’s a prominent link or button leading to your donation page in your website’s navigation bar. On the page itself, include a mobile-friendly donation form, suggested donation amounts, and information about how to request a matching gift for your university.
News and upcoming events. Engage visitors by regularly highlighting news stories about notable alumni, sharing important university updates, and promoting alumni events. You may do this by creating specific pages or blog categories for news and events. Or, highlight them on your homepage by adding a calendar widget or a rolling carousel of blog posts.
An alumni directory. One of the main reasons alumni visit your website is to network with other alumni in their field. Make it easy for alumni to connect by creating a password-protected alumni directory and hosting it on your website. In the directory itself, enable filtering by college, major, and location. You can also use this page to promote alumni groups and networking opportunities to those looking to connect.
Career services information. Resources and career services that alumni can access should be front and center on your alumni website. Create a page that includes instructions for accessing career services, job listings, and professional development opportunities, then include the page in your site’s navigation bar.
In addition to these essentials, your alumni website should provide other ways for alumni to engage with your university, such as by volunteering or attending school sporting events. If you’re not sure which aspects to focus on, use tools like Google Analytics to analyze the engagement activity on your site and find out which pages alumni visit the most.
9 Best Alumni Websites to Get Inspired By
Now, let’s take a look at a few top alumni website examples and discuss what you can learn from them to improve your own website.
1. Princeton
Princeton’s alumni website is a masterclass in spotlighting alumni news, stories, and events. Right from the homepage, visitors can read the stories of four different notable alumni and feel immediately connected to the Princeton alumni community. As you scroll through the page, you’ll find information about upcoming events to join, university news to catch up on, and a fundraising campaign you can donate to.
Best of all, the Princeton alumni website includes numerous clear calls to action (CTAs) that invite alumni visitors to register for events, watch videos, volunteer, and connect with the community.
2. Washington University in St. Louis
When alumni visit Washington University in St. Louis’s alumni website, they’re greeted with the empowering, welcoming message: “You are WashU forever.” This homepage immediately makes alumni feel at home and takes them back to their days at their alma mater, boosting the chances that they stay on the page and engage with the website.
Directly below this message, five clear CTAs introduce user pathways addressing the main reasons alumni visit the website—to access the directory, find alumni networks, explore events, or learn about upcoming reunions. By honing in on these user motivations and speaking to them right away, this website empowers alumni to find what they’re looking for quickly.
3. California Institute of Technology
One of the highlights of the California Institute of Technology alumni website is its donation page. The form allows alumni to choose from a variety of departments and scholarship programs to support with their donation, and then provides multiple giving options so alumni can choose the donation method that’s most convenient for them.
Specifically, CalTech’s donation page includes a matching gift search tool that alumni can use to find out if they’re eligible for employee giving programs. The donation page also lets alumni designate honorees for their gifts and even donate cryptocurrency.
On its homepage, this alumni website features a video about the association’s “Give 1 Get 1” fundraising campaign. The video follows a student in need of tuition assistance and several alumni who each donate $100 and call one other person to do the same until the student’s bill is paid. This empowering video is followed by a large CTA button that encourages alumni to support their mission and give back just like those in the video.
5. Rhode Island School of Design
The Rhode Island School of Design (RISD) makes the best alumni websites list thanks to the clear, comprehensive user pathways on its homepage. The website divides actions users might want to take into three categories: Get Involved, How Do I?, and Learn More. Each section then includes links alumni can follow to go right to their desired destination.
6. Vassar College
Look to Vassar College’s alumni website if you need inspiration on how to encourage alumni to get more involved. On this website’s homepage, it features three prominent ways to give back: Make a Gift, Volunteer, and Be a Mentor. Each one is paired with a compelling image, a short blurb about why alumni should give back, and a link to get started.
7. Stanford University
Every alumni website should include a directory that alumni can use to find their peers and network with community members. Stanford’s alumni directory is especially compelling since it features a backdrop of alumni headshots, emphasizing the breadth and diversity of Stanford’s alumni community. It also includes three links users can follow to visit the directory, update their profile, and explore FAQs.
8. Brandeis University
The Brandeis University alumni website gives alumni a variety of unique ways to engage with their community, including by sending branded eCards. Alumni can send the eCard pictured above to any of their friends and peers to invite them to the university’s upcoming alumni weekend.
9. University of Georgia
The University of Georgia (UGA)’s alumni website has a great alumni news section to keep all of its alumni up to date and in the know. This page includes alumni stories, news about new programs, and information about upcoming football games alumni can attend.
Alumni Website Design Tips
Ready to optimize your own website after seeing the possibilities? Keep these alumni website design tips in mind as you do so:
Anticipate website user intent
As mentioned earlier, the best alumni websites are built around users’ reasons for visiting. You can get into the details of your alumni’s unique motivations by analyzing site engagement metrics or sending out a quick survey to ask alumni directly what they want to see from your website.
However, there are also plenty of common motivations for visiting alumni websites that you can start with. For instance, many alumni will visit your website to:
Connect with other alumni for networking purposes.
Find professional development resources and other alumni benefits.
Donate to your university or alumni association.
Keep up to date on the latest alumni and university news.
Make sure that your website not only addresses all of these needs but also makes it easy for users to find everything they’re looking for. Consider adding standout CTA buttons on your homepage that speak directly to alumni and lead them to pages they’re commonly searching for.
Improve UX
Next, take steps to provide a better user experience (UX) for the alumni who visit your website. UX refers to how easy it is for users to navigate your website and engage with content throughout their user journeys. Take the following steps to optimize your site’s user journeys:
Improve navigation. There should be clear, straightforward user pathways that begin on your homepage and take visitors to your most important pages. Create these pathways by including several straightforward CTAs in your site’s header, navigation bar, and footer.
Optimize for mobile. 57.8% of website traffic comes from mobile users. Ensure that alumni visiting your website on their phones don’t run into errors or have to jump through hoops to find information. Test your site’s mobile performance often and make any necessary adjustments.
Remove visual clutter. You don’t want to overwhelm website visitors with too many images or text blocks on any given page. Limit clutter by prioritizing the most important visual elements on each page and removing the rest.
Improve load speeds. If your website takes too long to load, alumni won’t be able to find what they’re looking for quickly. Improve load speeds by compressing images, setting visuals to lazy load, and minimizing HTTP requests.
If you’re not sure how to make some of these improvements, consider working with a web design firm. These experts can help you leverage your content management system (CMS) effectively and ensure your website follows all web design best practices.
Tell alumni stories
Highlighting high-achieving alumni on your website helps strengthen relationships and instill a sense of pride in the alumni who visit it. If you don’t have one already, consider adding a page or blog category to share the stories of specific alumni.
On this page, you can celebrate alumni by sharing news stories and one-on-one interviews. Include photos, videos, direct quotes, and testimonials to let alumni tell their stories in their own words. Mention their class year and other details about their time at your school to help readers connect with them. Consider including a quick form at the bottom of the page that alumni can fill out if they want to share their own story or nominate one of their peers.
Highlight matching gifts
Matching gift programs allow alumni to double their monetary gifts to your university at no additional cost. In these programs, companies commit to matching their employees’ donations to eligible schools and nonprofits at a 1:1 or even 2:1 ratio. This means that if an eligible donor gives a gift of $100, their company would provide an additional $100 donation for a total of $200 for your school.
Matching gifts are an impactful opportunity that’s worth highlighting on your alumni website. Take a look at just a few of the ways spotlighting matching gifts on your website can benefit both alumni and your university:
Alumni can double their impact without increasing their donations.
Your university can double—or even triple—your fundraising revenue.
Alumni are more likely to donate larger amounts if a match is offered.
To access these benefits, start by using a matching gift platform that enables alumni to request matching gifts right from your donation page. As they make a donation, they can quickly input the name of their employer and be automatically directed to eligibility and request information. With auto-submission functionality, you can simplify the process for alumni even further. Here’s how it works:
A donor fills out your donation form as usual.
They enter their work email address and check a box to submit a matching gift request automatically.
The platform submits the request for them, and the donor’s work is done!
Once you have a system in place for simplifying donors’ match requests, take extra steps to promote matching gifts throughout your website. Add matching gifts to a Ways to Give page, write blog posts about the additional impact alumni can make, or create a video explaining how the process works. The more you highlight matching gifts across your alumni website, the higher chances you’ll have of doubling your donations.
With these examples and best practices in mind, you’ll be well-equipped to optimize your alumni website in ways that boost engagement, increase fundraising revenue, and help your alumni find what they’re looking for.
If you want to learn more about improving your website and how matching gifts can make a major difference for your university and alumni, check out these additional resources:
https://doublethedonation.com/wp-content/uploads/2024/02/Alumni-Websites_Feature.png6001600Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-02-01 15:30:362024-09-30 18:06:469 Best Alumni Websites & How to Drive Engagement with Yours
Larger donations play important roles in fundraising success, especially since major gifts of more than $1,000 account for 85% of the average nonprofit’s revenue. The challenge here, though, is that many nonprofits don’t (or can’t) consistently pursue major gifts while juggling many other day-to-day needs and goals.
But there’s a surefire way to consistently secure larger contributions: a leadership annual giving program.
Leadership annual giving unlocks fundraising security with recurring and substantial donations to your nonprofit. This guide explains everything you need to know, broken down into the following sections:
Before you can tap into this powerful fundraising source, you’ll need a thorough understanding of what it is. With that in mind, let’s define leadership annual giving.
What is leadership annual giving?
Leadership annual giving refers to a nonprofit’s largest repeating gifts, typically falling between $500 and $10,000. These leading annual gifts tend to fall in an organization’s mid-level range but largely depend on the giving levels of your organization’s donors. Consider the example to the left of how these donation levels might be categorized.
Leadership annual gifts not only guarantee substantial and sustained support for your organization, but they open the gateway to request larger gifts in the future when you properly steward your relationships with these loyal donors. Plus, there are numerous other benefits of incorporating these gifts into your fundraising strategy.
Around 60% of repeat donors will give again, meaning those who subsequently give to your organization may be a reliable source of support for the long term. Once you’ve already captured a donor’s attention and gained their affinity for your cause, it will be much easier to ask for increased gift amounts or consistent donation frequencies.
To communicate the need for mid-level giving, however, your nonprofit must develop an organized approach to leadership annual giving. An overwhelming majority of donors give less than $500, with the breakdown of donations falling into the following categories according to the Fundraising Effectiveness Project:
53.7% of donors give $100 or less
29.9% give $101-$500
13.8% give $501-$5,000
2.3% give $5,000-$50,000
0.3% give over $50,000
With such a low percentage of donors engaging in mid-level giving, a standardized approach to leadership annual giving is vital to moving donors into this category. Let’s explore the practical steps your organization can take to acquire mid-level gifts.
How to start mid-level fundraising
Thousands of guides exist about securing smaller gifts or chasing major donations. But this advice skips a critical middle step, which is to target leadership annual giving in your fundraising appeals for more sustainable fundraising.
Similar to gifts of other sizes, leadership annual giving requires donor cultivation. Follow these steps to engage supporters in mid-level giving.
1. Identify mid-level giving prospects.
As with many aspects of your fundraising strategy, leadership annual giving starts with your donor data. To narrow your fundraising appeals, you must first identify supporters who might be willing and able to give at this level and frequency. Some data points to guide your prospect research include:
Philanthropic indicators: These factors indicate donors’ willingness to give to your organization, including previous donations to your nonprofit, involvement with other organizations that have similar causes, or personal interests that align with your mission.
Wealth indicators: These factors indicate donors’ ability to give to your organization, including real estate ownership, business affiliations, stock ownership, and other signs of financial ability.
To streamline your data collection, organization, and analysis, consider using a data appending service. Appending data helps ensure your database is accurate and complete, giving you the best possible overview of your prospects.
2. Cultivate donor relationships.
Once you’ve identified mid-level giving prospects, it’s time to form relationships with each of them. This involves educating potential donors about your nonprofit, but also getting to know more about each supporter to build a connection between your organization and the individual.
Personalizing communications by including donors’ names and information about their engagement.
Being transparent about how donations are used and what your nonprofit is doing to fulfill its mission.
Offering insider benefits, such as tours of your nonprofit’s facilities or invite-only events.
Data is still important in the stewardship phase since you’ll constantly learn more about your supporters and use this information to strengthen relationships with them. By cultivating relationships with potential mid-level donors, your nonprofit will also build a trustworthy and impactful reputation in the community. This way, you’ll have a better chance of attracting donors when the leadership annual giving cycle restarts.
3. Make your mid-level fundraising appeals.
Your direct ask for donations must be specifically targeted to leadership annual giving. Whether you reach out via email, design a dedicated donation page, or make your appeal on any other channel, be sure to include the following:
Background information: On any occasion, donors want to know how their gifts will be used. But because of the popularity of smaller, one-time gifts, they may not know what leadership annual giving is or why it’s important. Along with details about your nonprofit, the reason for the fundraiser, and the impact you’re able to make with donations, provide a brief explainer about mid-level giving and why it’s important.
Giving flexibility: Remember to appeal to donors’ preferences to make giving as easy as possible for them. If you don’t have sufficient data from your donors to guide your appeals, use general statistics in the meantime. For example, 94% of recurring donors prefer giving monthly, meaning you should offer the ability to subscribe to monthly gifts to appeal to more donors.
Various involvement opportunities: Even if you’ve done all your research and crafted the perfect appeal to the ideal prospect, they may say no. And that’s okay! If the supporter can’t commit to leadership annual giving right now, you should still secure their engagement with your organization through another form of giving, such as volunteer opportunities or fundraising event attendance.
While your fundraising appeals should take a multi-channel approach, your best bet is to segment donors based on their communication preferences to reach out to each donor on the channel they prefer. Other shared characteristics, like donors’ interests or occupations, can be used to further segment donors and send messages that are as personalized as possible.
4. Steward mid-level donors.
Because a central component of leadership annual giving is recurring gifts, your nonprofit’s continual stewardship of these donor relationships is crucial to securing continued support. A few ways you can continuously engage donors, even after they give, include:
Sending impact reports and other updates about what your nonprofit is doing.
Telling beneficiaries’ stories.
Stewardship solidifies these relationships to ensure long-term support, but may also enable your nonprofit to upgrade these donors over time. This is how you build an organic major giving pipeline, which is extremely important for nonprofits but difficult to do. For example, you might transition a leadership annual giving donor into a major gift donor after establishing a relationship with that supporter.
Leadership annual giving tactics
If you’re ready to increase your leadership annual giving, there are a few best practices you can follow to develop the process.
1. Offer matching gifts.
A classic way to double the amount your nonprofit raises, matching gifts can increase both your mid-level revenue and the likelihood that a donor will give to your leadership annual giving campaign. Here’s how:
More revenue: Eligible donors will have their donations matched by their employers, meaning your nonprofit receives two donations instead of just one. Plus, 1 in 3 donors say they would make larger donations if they knew their gift would be matched.
More donations: When donors find their contributions could be doubled at no extra cost to them, they’ll feel they can make twice the impact and be more excited to give!
Simply let donors know about the opportunity when they donate so they can find out if they’re eligible through their employer. A tool that offers auto-submission, like 360MatchPro, can further simplify the process by enabling donors to automatically submit a match request to their employer. For more information on this tool, check out the video below:
Be sure to check donors’ eligibility before reaching out to mid-level or major donors about matching gifts. After all, donors can’t donate matched gifts if their employers don’t offer the program. Even if their employers offer matching as part of their CSR initiatives, donors may be restricted to donation maximums.
2. Launch a giving society.
Providing specific giving amounts is a surefire way to simplify the donation process for any level of giving. However, it can also incentivize leadership annual giving by adding an element of prestige to the donation.
For example, establish 4-5 tiers based on giving amounts, such as one tier for $500-$1,000 gifts and another for $1,001-$2,000 gifts. Then, assign names to each tier and promote the benefits for each, such as invite-only events or tours of your nonprofit’s facilities.
This reward system incentivizes donors to give specific amounts in exchange for achieving a status and receiving the benefits.
3. Track your progress.
Analyze the efficiency of your leadership annual giving campaign by using fundraising data and setting incremental goals. For example, you might set a goal number of prospects to convert into mid-level donors or a specific amount to raise by a deadline.
Marketing key performance indicators (KPIs) are similarly important to track, such as website traffic and cost per conversion. This can help you identify your most successful marketing tactics to convert prospects into donors.
4. Offer non-cash giving options.
97% to 99% of all wealth in the United States is held in assets like stocks and real estate, meaning your donors may not have cash to contribute to your leadership annual giving program. To make this level of giving accessible to as many donors as possible, encourage donors to give non-cash gifts, such as:
Gifts of stock
Donor-advised funds (DAFs)
Planned gifts
Qualified charitable distributions (QCDs)
In addition to being more accessible to donors, non-cash gifts also encourage generosity since they aren’t part of a donor’s liquid, day-to-day funds. In other words, donors can give a significant gift to your organization and still have the spending power needed for their own expenses.
Final thoughts on leadership annual giving
Tapping into leadership annual giving can provide your nonprofit with the support it needs to achieve its goals. If you’re interested in other ways to maximize donations for your cause, check out the following resources:
Donor Recognition: When & How to Acknowledge Supporters. Cultivating relationships with donors starts with showing your gratitude for their contributions. Here is a complete guide to acknowledging supporters for increased retention and engagement.
Nonprofit Basics: Google Ad Grants for Nonprofits. To convert prospects into mid-level donors, you’ll first need to spread the word about your leadership annual giving program. Learn how your nonprofit can leverage Google Ads in this guide.
https://doublethedonation.com/wp-content/uploads/2024/01/leadership-annual-giving_feature.jpg6001300Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-01-30 21:00:572024-10-01 13:50:13How to Raise More: The Truth About Leadership Annual Giving
You likely gather many details about your donors—those who support your cause with their funds, time, or resources. Perhaps you collect names, contact information, engagement history, interests, and hobbies. The more comprehensive an understanding you have of each supporter, the better you can tailor your fundraising strategy to effectively reach your target audience.
However, one critical piece of the puzzle that’s often overlooked is employment data. Knowing where your donors work can play a significant role in how you relate to them in terms of fundraising, corporate giving opportunities, and more. And if you don’t already have this data point on file? That’s where employer appends come in.
In this guide, we’ll provide a walkthrough of all things employer appends—including:
Understanding your donors’ employment status can elevate your fundraising efforts in huge ways. You won’t want to discard the wealth of information gathered through employer appends, nor the amplified impact it brings.
Let’s get started!
The Basics of Data Appends
Data appends are a particular type of data enhancement strategy that allows nonprofits and other fundraising groups to learn more about the individuals in their networks. These efforts aim to provide organizations with more comprehensive and up-to-date information, often concerning their donors and other supporters. This empowers fundraisers to adjust their messaging and overall engagement strategies by better discerning who a donor is and what makes them tick.
Organizations typically provide the information they do have to a company dedicated to data enhancement services. The company then compares donor information against a mega-database of individual data, filling in the details the organization lacks as they go.
Employer appends, in particular, empower organizations to collect new and optimized data regarding the companies their supporters work for. Beyond employer information, other common types of data appends include mailing addresses, email addresses, birth dates, and phone numbers.
As you’ll notice, these types of appends primarily fill in missing or outdated contact information. That makes connecting with supporters easy for email outreach, phonathon fundraisers, direct mail solicitations, and other campaigns.
What Are Employer Appends?
Employer appends are one of the most common types of data appends for nonprofits, schools, and other fundraising organizations. In this case, the unknown information an organization seeks is that of a donor’s employer.
By providing other data points—such as the person’s name, location, phone number, education experience, etc.—the intended result is to locate the company that the individual works for (and sometimes even their job title!). In the end, the organization receives invaluable insights that can help uncover matching gift and other workplace giving opportunities, estimate wealth data, and more.
How Employer Appends Work for Fundraisers
The employer appends process is simple. After locating a data appending service (we’ll cover what to look for below), you’ll want to collect as much data about your donors as possible. This should include:
Name
Unique ID number
Mailing address (home, business, or both)
Region (state, city, and country)
Email address(es)
Phone number(s)
College or university (along with class year and major/degree, if available)
Last gift amount
Date of last donation
Date the entry was last updated
You will likely not have every data point available for each donor. And that’s okay! However, starting with as much information as possible increases the likelihood that the appending service provider can locate and match supporter records to the right employer information.
From there, the appending service will conduct its own research, typically scanning a number of public and privately held databases, which may include government records, SEC filings, social media profiles, business registrations, and more.
When the service provider is able to match a donor record with an employing company, they make a note of the identified information, check the newly collected data for accuracy, and share their findings with the organization. Ultimately, the organization is able to utilize the information to its best advantage in terms of optimal fundraising and donor relations.
Benefits of Employer Appends for Nonprofits and Universities
Employer appends can bring big results to nonprofit fundraising. Knowing where your donors and other key supporters work plays a significant role in overall engagement strategies, not to mention enabling targeted efforts regarding available workplace giving opportunities.
Specifically, employer appending can help your team:
Determine matching gift eligibility —
Thousands of companies offer matching gift programs where they agree to match employee donations to charitable organizations.
However, you likely won’t know which donors are eligible for (and, as a result, which to follow up with about) matching opportunities if you don’t know where they work. In fact, this knowledge gap even results in over $4 to $7 billion in matching gift funding going unclaimed each year!
Once you have the information you need, however, you’ll be able to prompt qualifying donors to complete the match process and secure additional funding on your organization’s behalf. This is true not only in the form of corporate match revenue but in elevated individual giving (and donor engagement), as well.
Keep in mind that matching gift services—like Double the Donation’s 360MatchPro—can help nonprofits target and follow up with matching gift opportunities as well. However, employer appends are often able to provide additional data points with which to guide an organization’s strategy, allowing fundraisers to capture supporter information even if the individual is not currently in the donation pipeline.
Here’s an example: “Jody, did you know that your employer, the Home Depot, matches full- and part-time employee donations up to $3,000 per person each year? Click here to request your matching gift!”
Uncover volunteer grant opportunities —
Similarly, if your organization has a supporter base of dedicated volunteers, corporate volunteer grants can help stretch their donated time even further. These are additional giving programs offered by philanthropic-minded businesses, the difference being that employers contribute monetary funds to the organizations with which their employees volunteer their time. Volunteer grants, which are also referred to as “dollars for doers,” can be an excellent way to multiply the impact of volunteer time for your organization, and supporters love being able to get involved in that way as well.
But again, you’ll need to know which companies your volunteers work for, which is where your employer appends come in. That way, you can be sure to inform them about the opportunities, encourage participation, and direct them to their employers’ request processes to get involved.
Here’s an example: “Thanks for all of your help at the shelter this weekend and over the past several months, Sam!As a Verizon employee, your volunteer hours likely qualify you to request a corporate volunteer grant on our behalf. Click here to learn more about how to request your grant!”
Identify potential corporate sponsorships —
Corporate sponsors can bring your nonprofit’s next fundraising event to the next level, and knowing which companies your supporters work for can aid in determining top prospective sponsors and help get your foot in the door! Once you know where your donors work, leverage the information as an in with a potential sponsor or encourage donors to advocate for a partnership on your behalf.
Here’s an example: “Ashley, it’s great to connect with the Microsoft team. More than 100 of our nonprofit’s donors work for Microsoft, and we’ve received thousands of dollars in matching gifts from your company in the past. As it’s clear that we already have a lot in common, would you be interested in sponsoring our upcoming event?”
Estimate wealth data —
Your donors’ wealth levels can play a significant role in their ability to give charitably, and understanding their limits can help organizations determine ideal fundraising asks. Knowing which companies your donors work for, their roles in the businesses, and more can help shed light on their estimated incomes and, by extension, giving abilities.
Here’s an example: “Sarah, we thank you for your continued support of our nonprofit cause. Will you consider making a $10,000 donation to help us reach our year-end giving goal?”
Tailor donor communications —
You want your donor outreach to be as personal and targeted as possible. Including direct references to donor-specific information helps develop relationships and shows that you’re not sending the same copied-and-pasted message to each person in your contacts. And, as you likely know, targeted messaging can be one of the best ways to develop strengthened, beyond-surface-level donor relationships, build connections with the cause, and ultimately drive more nonprofit involvement among supporters.
Highlighting an individual’s employing company can be a great way to do so, especially regarding getting involved with workplace giving programs. And if you don’t already have your donors’ employment information, that’s where employer appends can help.
Here’s an example: “Jeffrey, the Walt Disney Corporation offers a range of corporate giving opportunities that can benefit our organization in big ways. As a member of the Disney team, you have the chance to participate in matching gifts, volunteer grants, and more.”
Learn more about your supporters —
The more you know about your supporters—donors, volunteers, and prospects alike—the better you can connect with the individuals who make your mission possible. Since most people’s careers are a key component of their lives and what makes them who they are, understanding where they work and what they do can be a key piece of the “getting to know your donors” puzzle. Plus, it can even help shine a light on their own interests and hobbies.
Here’s an example: “As a Petco employee, you likely care about the wellbeing of the little, furry friends in our community. That’s exactly what our organization, the Atlanta Animal Shelter, is dedicated to, as well. Learn more about how you can get involved with the cause here!”
Overall, employer records are an extremely beneficial tool for designing targeted and effective outreach. However, you likely don’t have that information on file for all of your supporters. By leveraging employer appends, you can collect the information you need to guide your organization’s engagement efforts toward success.
Employer Appends Services | What to Look For
It’s possible to conduct donor research on your own; however, your organization is significantly more likely to uncover accurate and up-to-date information about more donors more quickly when you outsource the efforts to a third-party provider. And employer appends services are dedicated to doing just that in the most effective and efficient ways possible.
So how can you select the right employer (or other donor data) appends provider for your needs? Be sure to do your research beforehand.
For example, here’s how it works with Double the Donation:
Organizations typically see successful appends rates between 20% and 50% of the records they provide to the appending service (which is significantly higher than the industry average).
Employer appends are typically completed and provided within a few days of the organization submitting their inputs.
Appends records are assigned an accuracy rating. This takes into account the uniqueness of a donor’s name and the level of detailed inputs initially provided, as well as the comprehensiveness and recency of the data source used.
As an added bonus, previously unknown corporate executives are often identified and flagged as potential major donors.
Multiple appending options are available, including real-time employer appends for Double the Donation’s 360MatchPro users, as well as one-time bulk appends services for any organization.
Employer appends can be uploaded into 360MatchPro to trigger matching gift emails and other automated donor outreach.
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Other Frequently Asked Questions
Where does Double the Donation get its employer data?
Our propriety screening method combines data from both publicly and privately available sources. These sources include public government records, SEC filings, social media profiles, business registrations, and a variety of other sources.
What hit rate should our organization expect?
We typically see append rates which range from 20%-50%. This is based on a variety of factors such as:
Donor demographics (higher append rates among organizations which have a greater percentage of donors still in the workforce)
Average donation amount (higher append rates for wealthier donors)
Type of nonprofit (higher append rates for higher education)
How does Double the Donation determine its “accuracy score” for each record?
Our accuracy score is based on a number of factors including:
Uniqueness of donor names: With only a name it can be tough to determine whether we’ve identified the correct individual. The number of individuals with the same name plays a role in our accuracy score. A search for a common name such as “Steve Smith” will have a much lower accuracy score than a more unique / one of a kind name.
Level of detail provided on a record: The more information that you provide on each record, the greater the accuracy score. Even though there may be 1,000 individuals named “Steve Smith” if we’re able to match additional fields such as a phone number or mailing address it increases the accuracy score for that record.
Our data source / date the data source was updated:
We recognize that not all of our data sources are created equal. The data source, as well as the update frequency, plays a role in each individual record’s accuracy score.
Which types of nonprofits see the highest append rates and the most accurate results?
Our ability to append employer data is dependent upon the input file an organization provides to us. Organizations which keep their databases up-to-date see the best results.
For instance:
Do you have an up-to-date email address?
Do you have an up-to-date mailing address?
For higher education institutions, can you provide us with the years your donor / alumni graduated?
How complete are the input files that nonprofits normally send to Double the Donation?
It depends. Very rarely does an organization have comprehensive data on all of its donors, especially when you consider an organization which raises funds from multiple channels (mail, online, phone, in-person, etc.)
We do request that you provide us with as much data as you can as it helps us locate and match your records to the appropriate individual.
Are subsidiaries and alternate spelling variations listed separately or all in a single subsidiary field?
Our matching gift database is comprised of the following two tables:
A table mapping subsidiaries to parent companies
A table mapping all company details to a single parent company
These tables are then joined using a unique ID that ties all the data together.
Can I use employer append files I already have with 360MatchPro?
An organization navigates to the “import wizard” to upload its employer appends CSV file.
The organization previews record uploads to ensure the data has been mapped properly.
The organization leverages employer append workflows to match Unknown Eligibility donors with the correct employers.
You can learn more about leveraging bulk employer appends files alongside 360MatchPro with our Knowledge Base article on the topic here.
Concluding Thoughts
The more you know about your donors, the more effectively you can target and attract them to your cause. Not to mention, having employment data on file empowers organizations to seek workplace giving opportunities as well.
You may have a solid base of information pertaining to donors’ employing companies already. However, employer appends can go a long way toward filling in the blanks and connecting the dots. This is especially true in terms of matching gift programs, volunteer grants, and more.
Interested in further developing your organization’s donor data strategy? Dive into these other forms of data appends services—and how they can benefit your team—below:
What Is a Date of Birth Append? A Comprehensive Guide. Uncover more about your organization’s supporters with date of birth appending. Find out donors’ ages for strategic segmentation, send birthday outreach, and more.
https://doublethedonation.com/wp-content/uploads/2022/10/DTD-The-Ultimate-Guide-to-Employer-Appends-for-Fundraisers.png3801000Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-01-28 19:14:372024-06-03 18:21:30The Ultimate Guide to Employer Appends for Fundraisers
For many students, attending an institution of higher education is a transformative experience. This is all thanks to the professors you hire, the programs you offer, the facilities you maintain, and the scholarships you grant. To continue presenting your students with the resources they need to fulfill all their academic and personal goals, however, you need funding.
Most schools immediately turn to alumni fundraising to acquire these funds—and it’s not hard to see why. Even though they’ve left your campus, your alumni will always have a special connection to your institution. In this comprehensive guide, we’ll walk through all you need to know to maximize alumni giving:
The more engaged your alumni are, the stronger your school’s community will be. Set your current and upcoming students for success by improving your alumni fundraising strategy.
Why is alumni fundraising important?
Colleges and universities undertake a variety of projects, initiatives, and improvements to create fulfilling experiences for their students. By securing alumni gifts, your school can:
Fund more scholarships. According to Hanover Research’s U.S. alumni survey, 74% of alumni indicate that their top inspiration for giving to their alma mater would be to either make education more affordable for other students or because they want to give back. Alumni donations are a stellar way for them to “pay it forward” and make your institution more accessible to aspiring scholars.
Create enriching programs and events. Alumni fundraising allows you to increase the value that students receive during their years of study. For instance, you might hire nutritionists to host informational healthy eating sessions, open up more study abroad opportunities, or expand your music program with new course offerings.
Improve campus facilities. Whether you’re seeking to construct a new dormitory building or renovate old classrooms, alumni gifts can provide you with the necessary funds to embark on such projects and improve the student experience on campus.
Upgrade technology. While new technology can be a considerable upfront investment, state-of-the-art tools like laser projectors, 360-degree lecture recording cameras, and interactive whiteboards can significantly boost student engagement.
Provide more student services. More students than ever are struggling with their mental health, with 44% reporting symptoms of depression and 37% indicating that they have experienced anxiety. Alumni gifts can go toward essential student support services such as mental health counseling, career planning, and tutoring.
It’s clear that alumni fundraising can have a significant impact on students and your institution as a whole, so much so that there are even higher education conferences dedicated to it. Understanding and communicating why gifts are so important can go a long way toward raising more from your graduates.
6 Strategies to Encourage Alumni Giving
Your school equips its students with the skills, knowledge, and connections they need to thrive in the professional world. After they’ve received their diplomas and launched their careers, invite them to give back and set the next generation up for success. Follow these six strategies for requesting donations from alumni:
1. Conduct prospect research.
Your alumni are just as diverse as your student base. This means that, especially if you’re trying to secure a major or annual gift, some alumni will be more promising than others. Prospect research refers to the process of using philanthropic and wealth indicators to identify individuals who have both an affinity for your institution and the capacity to give.
Typically, you’ll search your alumni database for information such as:
Past engagement history with your institution, such as volunteering.
Personal interests related to your funding goals, such as an affinity for the arts.
Previous gifts made to your institution.
Real estate ownership.
Business connections.
Stock ownership.
By conducting prospect research, your school will determine which alumni to prioritize for your mid-size or major gift outreach. If this process seems too intensive for your team, there are plenty of prospect research services that can sift through your data and build a list of prospective donors for you to solicit.
2. Segment your alumni.
Before you begin crafting your fundraising messages and reaching out to alumni, take the time to segment your audience. This step involves separating your alumni into various groups based on shared characteristics so you can tailor your communications to resonate with each individual’s giving capacity, interests, and preferences.
An effective way to pinpoint the most promising groups for your segmented alumni outreach is to create a donor persona. According to Fifty and Fifty, a persona is useful for fleshing out your understanding of your target audience and pinpointing common overlapping traits. Here’s an example of a donor persona that could be useful for alumni fundraising:
Name: Melanie Martin
Age: 35-45
Gender: Female
Family Status: Married with young children
Location: Suburban
Education Level: Bachelor’s and Master’s Degrees
Occupation: Middle management in a marketing firm
Values: Community involvement, paying support they received in previous years forward
Interests: Connecting with fellow alumni, attending family-friendly events
Challenges/Pain Points: Limited time due to professional and family life, feels disconnected from the school since she graduated over ten years prior
From this persona, you could reasonably infer that Melanie’s main motivation for giving back is to support the programs that got her where she is today. Also, she would rather attend annual, family-friendly, reunion-style events. This allows her to reconnect with her alma mater while juggling the other important aspects of her life. Additionally, you could recommend that she signs up to donate smaller recurring gifts since they are much more convenient and manageable.
You can make personas like this for all your most influential donor segments. Just ensure you regularly revisit and update them with necessary information as your donor base evolves.
3. Promote matching gifts.
Your alumni give because they want to make an impact on your school and the students attending it. With matching gifts, they can double or even triple their donation amount at no additional cost. Many companies have a matching gift program as part of their corporate social responsibility initiatives, in which they’ll match employee gifts made to your institution at typically a 1:1 ratio.
However, an estimated $6-$10 billion in matching gift funds goes unclaimed every year, simply because donors aren’t aware of these opportunities. Ensure your alumni don’t miss out by promoting matching gifts across your various platforms. For example, consider:
Including basic information about these programs in a section of your email newsletter.
Sending follow-up emails after a match-eligible graduate makes a gift.
Producing eye-catching social media posts to spread awareness of matching gifts.
Creating a dedicated matching gifts page on your school website with detailed instructions about the process.
For alumni who are worried that they won’t be able to give enough to make a meaningful difference, learning about matching gifts could provide them with the motivation they need to follow through.
Check out our short video on matching gift best practices to unlock additional insights for improving your alumni fundraising strategy:
As the video suggests, your school can even turn to a matching gift expert for specialized assistance in using matching gifts to boost your fundraising efforts.
4. Invest in tools that facilitate alumni giving.
Modern technology has opened up many possibilities for your school to raise funds. The more options you provide your alumni, the more likely they are to donate. Some game-changing fundraising tools that are worth investing in are:
Matching gift software. A matching gift platform like 360MatchPro makes it easy for your institution to identify match-eligible donors and send automated follow-up emails with all the information they need to request a match. Plus, with the latest auto-submission feature, alumni who work for a company with CSR software that integrates with 360MatchPro can simply input their corporate email address when they donate and let the technology complete the entire request process for them.
Text-to-give platform. 85% of all Americans own a smartphone. Embrace the popularity of these devices by using a text-to-give platform that allows your alumni to donate directly from their phones. All they have to do is text your chosen keyword to your text-to-give number and receive a link that takes them to your mobile-responsive donation page.
Peer-to-peer fundraising software. Empower your most passionate graduates to fundraise on your behalf with peer-to-peer fundraising software. With this software, alumni can create individual branded donation pages to which they can direct their friends and family.
Event software. Hosting alumni events is an effective way to both keep them engaged and raise revenue for your school. By leveraging event planning and management tools, you can set up registration fees, plan in-person, virtual, and hybrid events, and create a memorable experience for all your attendees.
Online donation pages. Create a dedicated online donation page to house your alumni fundraising efforts. Include a matching gift FAQ, eligible funding programs, and an easy-to-use donation form. The philanthropic sectors of universities are also eligible for the Google Ad Grant, which you can use to enhance your donation page’s online visibility and appear on the top of Google’s search results page for keywords related to your institution.
Review your goals and budget before researching specific software solutions to implement for your institution. Take the time to read online reviews and request demos to determine which options will work best for your needs.
5. Provide a variety of opportunities to contribute.
Not every one of your graduates will be a major donor. However, that doesn’t mean many of them aren’t willing and eager to contribute in other ways. Keep these alumni involved by sharing a variety of opportunities for them to support your school, such as:
Planned giving. Alumni can set up planned, or legacy, gifts that your institution will receive after they pass. There are multiple types of planned giving, including bequests and charitable gift annuities. These gifts allow alumni donors to leave a legacy without having to worry about factoring donations into their day-to-day financial obligations.
Volunteering. While your recent graduates may not have the capacity to make large gifts, they can demonstrate their commitment to your school by contributing their time and skills instead. In fact, the average number of alumni who engage in volunteering is higher among those zero to five years out from graduating than any other cohort. Plus, if their employers offer volunteer grants, you can earn a certain amount of revenue based on the number of volunteer hours your alumni serve.
Fundraising. Encourage your alumni to participate in a peer-to-peer fundraising campaign or start a birthday fundraiser on your school’s behalf. This way, they can support your fundraising efforts by reaching out to their friends and family members for donations.
Attending events. Alumni can register for your events or participate as speakers. For example, they could lend a hand by serving as a mentor for a current student or using their professional expertise to hold workshops on important topics such as financial literacy.
To open up more opportunities that appeal to your alumni, consider sending out a survey to find out what they’re most interested in. You could ask them about the types of events they prefer or what skills they would like to apply as volunteers.
6. Focus on building strong alumni relationships.
At the heart of it, alumni fundraising is anything but transactional. The key to success lies in building strong, meaningful relationships with your alumni. Start by collecting information on and abiding by their communication preferences. Hanover Research found that 7 in 10 alumni donors want to hear from their institution at least quarterly.
Stay connected beyond fundraising appeals by sharing relevant news, updating donors on the impact of their gifts, and interacting with graduates on social media. Remember to practice frequent, thoughtful recognition to demonstrate just how much alumni mean to your school. Rather than sending generic thank-you emails, consider these popular ideas to appreciate your alumni:
Send an eCard. Level up your thank-you’s by producing branded eCards that your team can effortlessly personalize with each recipient’s name and details related to their specific contribution. Dedicated eCard platforms like eCardWidget provide all the tools you’ll need to create your designs, add engaging animations, schedule your eCards, and more.
Gift branded merchandise. Whether you send them a t-shirt or a set of stickers, your alumni will be glad to have the chance to display their connection to your school. This type of appreciation has the added benefit of providing extra marketing for your institution as well.
Add spotlights to your website. Set up a dedicated page on your school’s website to publicly recognize some of your top alumni donors. Ask for permission to feature individual names, photos, and quotes to turn these spotlights into an inspiring resource for other alumni who are considering making a gift.
Whatever thank-you methods you choose, remember to emphasize how your alumni have made an impact on your institution and the lives of its current students to keep them continually invested in your success.
Alumni Fundraising Letter Template
When it comes time to reach out to your alumni, what do you say? Use this template as a jumping-off point for your alumni fundraising letter:
[School Letterhead/Logo]
Dear [Recipient’s Name],
We hope this letter finds you well. As a cherished alumn(us/a) of our [Institution Name] family, you know that we’re on a constant journey to provide our current and incoming students with the highest quality of education. In our pursuit of excellence, we’ve accomplished quite a lot in the past few years, including [one or two recent accomplishments].
This year, we’re taking on a new initiative to [fundraising goal]. By raising $[fundraising goal amount], we’ll be able to [impact on the institution and students].
Today, we kindly ask you to take a moment and reflect on your time at [Institution Name]. Will you join in our efforts to create more valuable experiences for our students, so that they can go on to pursue their career aspirations and lifelong dreams?
Any gift, no matter the size, will leave a lasting impact on our students, faculty, and institution as a whole. To make a contribution, [specific instructions on how to donate, such as visit your online donation page]. If you’d like to learn about other ways to support our initiative, please visit our website to explore volunteering opportunities, upcoming events, and more.
Thank you for being an integral part of our institution’s history and helping us shape a brighter future for [Institution Name] and our students.
Sincerely,
[Signature]
[Name]
[Title]
Popular Alumni Fundraising Ideas
Once you’ve developed a foundation of strong alumni relationships for your institution, get creative to maximize participation. Some popular alumni fundraising ideas to consider include:
Silent auction. Go beyond simply requesting donations from alumni by hosting a virtual or hybrid silent auction. No matter where they’re located, your attendees can bid on desirable items such as concert tickets, artwork, travel packages, and more—all while supporting your school. Procure items that you know will appeal to your alumni to encourage higher bidding and participation.
Cookbook. Your alumni may move away from campus, but that doesn’t mean they can’t feel close to your school’s community anymore. Ask your graduates to submit their best-loved recipes and compile them into a cookbook that you can sell to alumni, parents, and other supporters of your institution.
Sports watch party. Sports are a tried-and-true way to rally your alumni together and rekindle their love for your school. Organize watch parties for your next major sporting event and ask attendees to pay a small registration fee for the experience. These can be wonderful opportunities for alumni to bond and make connections with others in their area.
Brick fundraiser. Is your school planning to construct a new building or renovate an area on campus? Start a brick fundraiser that allows your alumni to purchase a personalized brick or tile with their name on it. You’ll be able to raise funds and your alumni will be able to leave a lasting, physical mark on your institution.
Alumni reunion. An alumni reunion gives your graduates a chance to reminisce about their time at your school and revisit old memories on campus. Beyond charging registration fees, you can earn additional revenue by selling branded merchandise and holding raffles during the event.
After each fundraiser, review key metrics such as your attendance rate and average gift amount to determine which ideas resonate most with your alumni. Use these insights to tailor your alumni fundraising strategy to increase participation moving forward.
Wrapping Up: Maximizing the Potential of Alumni Fundraising
The success of your alumni fundraising efforts depends upon building relationships that harken back to the value you provided graduates during their studies and call attention to the impact they can have on the students who come after them. Make all your alumni feel included by sharing a variety of ways they can contribute to your goals. Then, as they continue to grow and flourish in their lives, they’ll be able to respond to more opportunities to give.
To learn more tips and best practices for connecting with your alumni and raising funds for your school, check out these additional resources:
https://doublethedonation.com/wp-content/uploads/2024/01/Alumni-Fundraising_Feature.jpg6001600Adam Weingerhttps://doublethedonation.com/wp-content/uploads/2022/03/logo-dtd.svgAdam Weinger2024-01-25 19:23:382024-07-17 16:09:09Alumni Fundraising: A Complete Guide to Winning More Support
