0
0
Donor Relations, Major Donors

Major Donor Game Plan: Request

We’ve been unpacking the 6 R’s of major donor fundraising: (1) Research, (2) Relationship, (3) Request, (4) Recognition, (5) Recruitment, and (6) Report. All 6 R’s are important but perhaps the one most misunderstood, misused, and underdelivered is Request. The Ask involves both the art and science of good stewardship practice. Asks fail for two reasons: (a) we never make the ask or, (b) we don’t know what to say or how to say it.

Matthew 7:7 encourages us, “Ask and will be given to you; seek and you will find; knock and the door will be opened to you.” James teaches, “You do not have because you do not ask.” Should we be making requests in this pandemic? Allow me to answer that question with a resounding YES!

Preparation and Perspiration

Making requests is hard work, but an ask is the ultimate opportunity to fulfill your annual, capital, and endowment funding needs. Now that you’ve completed the first two steps of research and relationship-building, the most difficult task is setting the appointment. It may take several calls, texts, and e-mails. There is the perspiration. Be faithful and persistent. You need to see your donor in person. Mega/major donors will often ask that you send them the proposal. Don’t make that mistake; your close ratio goes way up if you can see your donor in person or on Zoom.

Fear, Uncertainty, and Doubt (FUD)

The FUD syndrome stymies many donor requests. Stewardship officers often suffer from Fear, Uncertainty, and Doubt. Questions can paralyze us. Is the ask too big? Too Small? Or about right? Do we have the right materials? Has our research clearly identified their hot button?

It’s human nature to feel some of these conundrums as we approach a major donor meeting. We fear offending the donor. We may be uncertain if they are ready to give. We doubt if they can give at the amount we are asking them to consider. Now wait a minute. You have done the research and have drilled deeper with the relationship. If you know you have shared values, be confident!

When you schedule your in-person or zoom meeting let them know you would like to share a personalized gift proposal. A bit of perspiration (working hard to set up the appointment) will have a huge impact on your production and their participation level.

No Heavenly Hinting

Most major donors are quite sophisticated, so please avoid any form of “Heavenly Hinting.” Be specific, straightforward, and forthright. ASK! Too much proverbial “beating around the bush,” communicates to the donor that you are unprepared, unaware, or suffering from a severe case of FUD. This should be a 30-minute presentation more or less; it’s certainly not an all-day event. Major donors have shared with us some “Heavenly Hinting” statements from some of their favorite ministries:

♦ “We believe the Lord wants us to do this and there may be people whom he wants to help us.”

♦ “We believe God’s work done God’s way will not lack for God’s supply.”

♦ “We are praying that God will open the windows of heaven and meet our needs.”

These are all great statements but your Research and Relationship-building with this donor couple has prepared them and you to make a specific Request!

It’s Personal

Take along a personal request or be ready to jot down on your yellow pad a specific amount or at least a range of giving you are requesting. People tip God because we give them the opportunity to tip him! Win, Keep, Lift applies to Mega/Major Donors.

Who and Where

Who is the right person or persons to make the ask? A couple of weeks ago I made a $500,000 request and three of us went on the donor visit. We informed the donor couple in advance who was coming and why. It was a mentoring opportunity for me with their CEO, and campaign chair. They shared the story, and I made the ask. The couple received us and the ask very well.

We have coined the phrase “Kitchen Table Ask” (KTA). Where is the best place to make a request? Their kitchen table. It’s not at Starbucks, or a local restaurant. Your office or their office can work as well, but nothing is as personal as their kitchen table. Not even their living room or family room, the best place is the kitchen table.

Just Do It

This is not rocket science, it’s all about relationships and preparing each ministry partner for a sit-down KTA. Ergonomics is the study of fit. Your mega/major donor has got to fit the culture of your organization, the project, and the ask amount. Treat every significant ministry partner as a small mini campaign. Build the request around their giving interests and your needs; then go test it. Meet them in person or over Zoom and make the ask. Go for it and remember to practice Pat’s 4 C’s: See the People, See the People, See the People, and See what God is going to do with the relationship.

 


About the Author: Pat McLaughlin President/Founder – Pat started The Timothy Group in 1990 to serve Christian ministries as they raise money to advance their missions. TTG has assisted more 1,800 Christian organizations around the world with capital, annual, and endowment campaigns. More than 25,000 of Pat’s books, Major Donor Game Plan, The C Factor: The Common Cure for your Capital Campaign Conundrums, and Haggai & Friends have helped fundraisers understand the art and science of major donor engagement. Pat makes more than one hundred major donor visits annually and provides counsel to multiple capital campaigns. 

Donor Relations, Major Donors

Major Donor Game Plan: Relationships

It’s Not Rocket Science… It’s Relationships

Donors don’t give to organizations; they give to people. They don’t give to direct mail; they give to people. They don’t give to proposals; they give to people. The second “R” in my book, Major Donor Game Plan, is Relationship. The deeper you develop relationships with mega and major donors the more opportunity mega and major gifts can become a reality for your ministry.

Communication

You identified your donor prospects and suspects in the research step. Now, it’s time to create an individualized communication plan. What works for one donor may not work for another. Treat every mega and major donor as a small mini-campaign. What do they need to hear from you to draw them closer to your ministry? Personal contact is always the best method. The pandemic has forced many organizations to be creative and cultivate successful relationships via Zoom. Interestingly, some donors are responding more to texts than emails. Every relationship needs to be nurtured as you educate, cultivate, inspire, inform, motivate, and eventually ask for their financial support.

Keep the information flowing. Customize the information your ministry partners receive. Do they want lots of details, not too much, or somewhere in between? Listen for their “hot button.” What gets them excited about making a difference with their hard-earned money? Key donors receive great joy knowing their gift has made a significant impact on your organization.

Value-Based Relationships

A marriage that lasts is built on a foundation of shared values. Jane and will celebrate 47 years of wedded bliss this year. We’ve been blessed with the bliss part because we share similar values such as, our faith, our children, our grandchildren, her good golf game, my bad golf game, well you get it. Our values are aligned.

Drill deeper with each donor relationship to identify their value system. Discover how their values match the values of your ministry. Are they excited about missions, human need, clean water, education, evangelism, children, the disenfranchised, health care, housing? Sharing personalized information with value-based donors about how your organization is addressing the problems they want to solve is the quickest way to mega and major gifts.

Donor Care

Many of your relationship-building experiences with your key donors will not involve asking for a gift. It’s just lunch, a visit, a ministry tour, a call, or any opportunity to strengthen your relationship. Two four-letter words impact every relationship, L-O-V-E and T-I-M-E. Donors sometimes equate love with the time you invest with them. A phone call to hear how they are doing, a visit, a handwritten note, a food delivery (masked up of course) will go a long way in deepening your relationships. Plan special donor care connections for each of your mega and major donors in 2021.

Never-Ending Love

Relationships are job one. Your pursuit to develop deep donor relationships never ends. Review these four key strategies:

  1. Communicate personally and consistently with your key donors.
  2. Match their values with your ministry’s mission, vision, core values, and key outcomes.
  3. Care for your donors. Schedule time to show love to each key donor.
  4. Slow down. Take your time. Successful fundraising is not grab-the-money-and-run. It’s a life-long friendship.

Want to extend the shelf life of your major donors? Build authentic relationships. It’s the path to bigger gifts over a much longer time. Successful key gift fundraising is a process that takes years, not weeks or months.

Some think fundraising should be as complex as rocket science fueled by expensive software that produces fancy charts and graphs. But the more effective strategy is to find a rocket scientist, develop a personal relationship, share your ministry story, and ask for a gift that aligns with their heart!


About the Author: Pat McLaughlin President/Founder – Pat started The Timothy Group in 1990 to serve Christian ministries as they raise money to advance their missions. TTG has assisted more 1,800 Christian organizations around the world with capital, annual, and endowment campaigns. More than 25,000 of Pat’s books, Major Donor Game Plan, The C Factor: The Common Cure for your Capital Campaign Conundrums, and Haggai & Friends have helped fundraisers understand the art and science of major donor engagement. Pat makes more than one hundred major donor visits annually and provides counsel to multiple capital campaigns. 

Client Impact, Development, Donor Relations, Fundraising, Major Donors

Major Donor Game Plan: Research

I have invested 40 years in the stewardship arena with major donors raising money in the USA, Canada, the UK, the Middle East, China, Cuba, Honduras, Europe, Africa, Cambodia, New Zealand, and a few other spots around the globe.

Yes, I believe in moves management. If you force me, I will work with it. I understand it, however, over the years I have seen so many organizations get bogged down trying to understand the right next move with their key donors. I wrote Major Donor Game Plan in 2006 to help ministries simplify their approach to donors. This article is the first in a series unpacking the 6 R’s of major donor engagement: (1) Research (2) Relationship (3) Request (4) Recognition (5) Recruitment and (6) Report.

We know a lot about mega/major donor relationships because we have seen a lot. My team and I understand both the science and the art of finding, cultivating, educating, soliciting, and stewarding major donors because we spend time in the field talking with major donors. The art of fundraising paints a ministry story for your donors; the science of fundraising uncovers and manages donor information.

Rudyard Kipling used five strong men to tell a story: who, what, when, where, and why. A compelling case is your starting point for identifying new ministry partners. Your case for support, in essence, is a story that involves your mission, vision, core values, and the human need you are addressing. Who will you tell your great story to? How do you find new donors? Let’s start with Research. There are two basic forms: external and internal. Let’s explore both.

External research. Consider conducting a wealth asset screening of your donor base to discover hidden donors. There are many services available: Blackbaud Analytics, Donor Search, Donor Scape, iWave, and Wealth Engine to name a few. These sources provide insight on an individual’s net worth, income, assets, real estate, stock holding, charitable contributions and other financial related data as well as business and personal contact information. For instance, Wealth Engine pulls together data from 60 public sources to look through 300 million profiles and 122 million households. Their profiles also provide an estimated gift range for each donor based on their assets. Intrusive no. Valuable yes.

NOTE: Wealth asset research does not get you any closer to the donor, it merely gives you more information about them and their capacity. Use it wisely and do not misuse it. Practice the Golden Rule and the Mom Rule. Treat every ministry partner like you would want your mother to be treated.   

Internal research starts with the information that you already know from your CRM. What prompted their first gift? How long have they given? What are their giving motivations? Look for patterns and opportunities to lift your donors to a new level of engagement.

What relational knowledge can you discover about your donor? Someone knows this person or couple. Who do mega/major donors hang around with? Other mega/major donors. They work together, golf together, live in the same gated community – someone knows them. Handle this information very carefully. Be circumspect. Ask your existing donors who they might know who may be interested in partnering with your ministry. Share a few names of donor prospects and suspects you are trying to meet and ask if they could an open door.

A conversation goes like this, “Bill and Mary, you have been such close friends of our ministry and great financial partners. One of the great joys I have is meeting new friends who could partner with us to reach more people for Christ. Do you know Scott and Judy? What kinds of ministries do they support? What gives them joy in their stewardship practices? Would you be willing to introduce them to our ministry? We would love to share with them all the wonderful things God is accomplishing in our ministry and invite them to pray and consider partnering with us.”

External research coordinated with internal research will help you discover new ministry partners with capacity. Do your homework. Involve your major donor team and volunteers. Your trustees can and should also play a key role in your new major donor research.

Research… don’t leave home without it!


About the Author: Pat McLaughlin President/Founder – Pat started The Timothy Group in 1990 to serve Christian ministries as they raise money to advance their missions. TTG has assisted more 1,800 Christian organizations around the world with capital, annual, and endowment campaigns. More than 25,000 of Pat’s books, Major Donor Game Plan, The C Factor: The Common Cure for your Capital Campaign Conundrums, and Haggai & Friends have helped fundraisers understand the art and science of major donor engagement. Pat makes more than one hundred major donor visits annually and provides counsel to multiple capital campaigns. 

Client Impact, Development, Donor Relations, Fundraising

Special Events Secret Sauce

A development officer recently referred to special events as a love-hate relationship. You love them for the goodwill and needed funds they raise and almost hate them, concurrently, because they can be so all-consuming of your time and energy and overtax your valued volunteers. The key to successful and sustainable special events is multiple strategic outcomes. Events are not just something we do to justify our existence on a development, fundraising, or alumni relations team. Successful events should contribute to multiple outcomes, including growth in volunteer engagement, donor cultivation, generating fundraising income, goodwill and peer relationship building, memorable experiences, networking, milestone, and mission-affirming celebrations, etc.

Before your next event, identify at least two or more specific outcomes, such as funds raised and networking opportunities, or donor cultivation and community good will.

3 Primer Questions for Events

Ask yourself these primer questions to evaluate whether or how to proceed with an event you are hosting for the first time or improving for a repeat cycle:

1. Purpose. Will my volunteer opportunities for this event be meaningful and life-giving for volunteers? Will they be energized by serving or just dutifully helping because this is what we/they have always done?

2. Outcomes. Can the time and energy invested in this event achieve significant outcomes desired in moving forward donor relationships through goodwill, networking, or raising funds?

3. Capacity. Who of our staff and volunteer leadership is best equipped to accomplish this event? Is there space on our calendar, job descriptions, and organizational budget to be successful?

6 Examples of Events and Outcomes They Can Fulfill

Events that can generate more than one outcome. Here are some examples:

1. Business/leadership roundtables and networking events featuring a speaker or panel to inspire local community leaders. These can be a great way to meet new influential friends for a breakfast or luncheon and discover who in my community cares about my ministry. A business luncheon creates an opportunity to cultivate partnerships with corporate, foundation, and small business leaders while showcasing your organizational mission. These events can be hosted on-site at your ministry, or you can bring your ministry/client testimonials to these business leaders at a fun, historic, or a locally interesting site.

2. Banquet, golf outing, outdoorsman event, auction gala, or fall festival. These are great ways to have fun with donors, clients, staff, and prospective future donors who get a glimpse of your good work and help you raise funds.

3. Homecoming, grandparents’ day, parents’ weekends, alumni or former client/graduate receptions and reunions. These are wonderful opportunities to personally engage with old and new friends. Make the most of these opportunities to increase your database/relationship gathering information on current and potential donors. If done well, events like these promote positive engagement and can lead you to significant dollars.

4. Celebration and groundbreaking events (graduations, campaign completion benchmarks, etc.). Don’t miss opportunities to give God praise for the great things he is doing in your ministry.  Commemorate new beginnings and new milestones in mission fulfillment. Taking time to celebrate victories reinforces your mission, builds momentum, and strengthens your donor relationships.

5. Virtual events. Especially in the last year, many ministries have moved their events to a virtual format. COVID has forced us to discover ways of reaching your constituency that you might not have otherwise engaged due to geography or health concerns. Consider all types of opportunities, including live-streaming virtual concerts and performances, online fundraising galas, and specialized donor appreciation events, etc.

6. Vision-casting/donor briefing events. These present wonderful opportunities to test new strategic or fundraising initiatives with a select group of donors and prospects in home gatherings and/or affinity groups.

4 Essential Criteria for Successful Event Planning

When you plan, host, or retool past events, keep in mind these four tips:

1. Know your audience. Keep the time of year and event length in mind when deciding what, when, and where to host your event.

2. Know your volunteers. Match the personality, skills, and interests of volunteers with various committee, leadership, or event-day responsibilities that will maximize their strengths and passions.

3. Know your goals. By considering your primary outcomes intended for a given event, you can give your staff and volunteers a visual picture of what success will look like.

4. Know your results. Be sure you gather volunteer, staff, and participant feedback in a follow-up debrief meeting and/or surveys to measure how you met desired outcomes. Write down ways to improve the event in the future, if positive feedback indicates you should continue it.

When utilized effectively and focused on the right priority outcomes, events can help you cultivate donors, prospective donors, and volunteers. You can encourage greater community support, promote your mission, start new relationships, and build donor and volunteer loyalty. Done well, a strategic use of special events is a significant tool in furthering and funding your mission for assisting those you serve.


About the Author: Jody Fausnight, CFRE, has worked in the fund development field for more than 25 years serving as a director of advancement, a community/public relations director with four non-profit organizations, and as a consultant. Jody has expertise in Christian school recruiting, public relations, fund development, and major gift cultivation strategies. He has successfully raised many millions on behalf of numerous organizations and has grown ministry development programs from the ground up on more than one occasion.

Client Impact, Development, Donor Relations, Fundraising

God will Provide

Faith vs. Doubt in Fundraising

Christian ministry fundraising incites our Christian faith. The same God who creates our needs is the same God we must trust. We have a choice to either embrace faith or doubt. As a development director at a Christian K-12 school, I know this circumstance all too well. I rebuke doubt and embrace the belief that God will help me meet my school’s annual fundraising goal. Faith without works is dead, so I put action behind my faith and zealously serve my God, who created my fundraising needs. It is well with my soul because God provided this lack to exercise my faith. Lack often instigates doubt while fulfilled needs strengthen our faith. To quote a line from a Christian-themed, Hallmark movie, “It wouldn’t be called faith unless we had something to doubt.”

Experiencing Jehovah-Jireh

Our ministry needs set the stage for us to know Jehovah-Jireh, which means “the Lord will provide.” Scripture illustrates God our Provider in several accounts, but one account that the Holy Spirit brings to my remembrance is Elijah in 1 Kings 17. In the following passage, God commands Elijah to hide by the brook, where He will feed him:

“You shall drink from the brook, and I have commanded the ravens to feed you there.” So he went and did according to the word of the Lord. He went and lived by the brook Cherith that is east of the Jordan. And the ravens brought him bread and meat in the morning, and bread and meat in the evening, and he drank from the brook. And after a while, the brook dried up because there was no rain in the land. (1 Kings 17:4-7)

In this passage, Elijah’s faith and obedience allow God to show Himself as Jehovah-Jireh. While we may not have faith as strong as those listed in Hebrews 11, we often face the same circumstance as Elijah. This circumstance allows us to experience a confirmation of God’s faithfulness.

I recently completed my doctoral dissertation that studies authentic leadership and its influence on venture philanthropy in Christian, K-12 schools. Yes, that is a mouthful. I have several stories on how God created desperate needs in my arduous academic journey only to fulfill them in His perfect timing. One humorous story that comes to mind is how God sent me a venture philanthropist to participate in my research. I prayed for God to send me another participant, and that same weekend, I received a Papa John’s pizza delivery meant for another address. I called the business, who said that I could keep the pizza. Given my petite stature, I am not one to inhale two large pizzas by myself, so I asked God what He wanted me to do with them. His Holy Spirit told me to “be a blessing,” and two of my coworkers immediately came to mind. One coworker is a hardworking father of three young students, and the other coworker is our school custodian who graciously donates $20 a month from his humble ministry paycheck.

The next morning, as I am putting their pizzas in the faculty breakroom’s fridge, my accounting director sees me and begins inquiring about my research. I informed her that I am still looking for a participant, and she insisted that I reach out to a Colorado school she used to live by before she moved to Texas. She asked me to follow her to her office and was incredibly insistent that I contact the school’s superintendent. She went as far as writing down the leader’s contact information, and to this day, she laughs at how that behavior was out of her shy character. As God would have it, the Colorado school superintendent responded to my email that same day and connected me with his school’s co-founder and philanthropist. When I spoke to her on the phone, the Lord moved me to share what inspired our phone call. After I told her my, “Papa John’s story,” she laughed and fell silent from a moment of shock and awe. She went on to say that her husband represented a company that invested in Papa John’s in its early years and how he had one-on-one meetings with its founder long before the company became a household name.

Key Takeaway

The point of my testimony is that it is God who commands the ravens, or in my case, a Papa John’s pizza deliverer, to fulfill a need. God also commanded more “ravens,” or venture philanthropists, to meet my need for research participants just as He commands them to invest generously in Christian schools. Without a need and your prayer and obedience, God cannot prove himself as a faithful provider. It is God, not a high-net-worth donor, who meets our fundraising needs by speaking His commands. Just as us ministry fundraising professionals are eager to connect with Christian philanthropists, we should be eager to connect daily with the wealthiest donor we will ever encounter – Jehovah-Jireh.

Shalom,

Renee Cervantes


About the Author: Renee Cervantes is the development director for The Christian School at Castle Hills, located in San Antonio, Texas. She leads their $10.5 million capital campaign that has raised $9 million in the last four years. Before joining the school in 2017, Renee’s work experience was in television and newspaper reporting and public relations. She has a bachelor’s degree in Communication Arts from The University of the Incarnate Word, where she received a four-year golf scholarship. Renee also has a master’s degree in Christian Ministry and is completing a doctoral degree in Christian Leadership from Liberty University.

Client Impact, Development, Donor Relations, Fundraising

W.A.I.T. for the Gift!

In our get-it-done-quickly, get-it-done-now world, any type of slowdown could be viewed as weak or uncertain. COVID will come to an end and we will again be able to meet our key donors in person. Until then we are limited to Zoom, Google Meet, FaceTime, Twitter, email, text, smoke signals, the ole cell phone, or whatever. There are many ways to communicate. All too often our communication is one way. We get so excited about sharing our ministry needs and our impact in the world, we forget to listen. Learn to talk a lot less and listen to your donors a whole lot more. Memorize this acrostic: W.A.I.T. – Why Am I Talking? Sometimes, we must W.A.I.T. for the gift. Here are some questions that will help you improve your donor listening skills.

• How did you first become involved in our ministry? How did they learn of you and what caused them to give the first gift? True stewardship is very value-based. What does your ministry accomplish that matches their value system? Why do they continue to give? Ask them what sets apart your organization from the other 1.8 million non-profit organizations in America. 

• Tell me about you. Continue your W.A.I.T. approach. Ask them about their family, goals, dreams, and plans; those things that make them unique. People will share their heart and soul with you if you ask them and show genuine interest. With the pandemic still in full force, people are lonely and are delighted to visit with you in their home, in person (with a mask), on a Zoom call, or on the phone. They will share their passions with you. Asking good questions and listening will help you deepen your relationship with your key donors.

• How do you feel about our ministry’s ROI and SROI? What do they really think about your organization? This can be a daunting question but listen and take copious notes. Do they feel your organization wisely uses their hard-earned money? Do they feel positive about their return on investment (ROI)? Do they see clear evidence of a spiritual return on investment (SROI)? What aspects of your work interests them most? This discovery phase is your opportunity to ask, inquire, and probe. Asking good questions moves your relationship forward and builds trust that might culminate in a major/mega gift.

• What brings you the most joy in your giving? Ask them about other organizations they support and why. Who else might be influencing their stewardship practices? You are asking about their stewardship/philanthropic vision; most donors love sharing their passion to help impact our world. Perhaps you will discover another giving interest they have that could also align with your ministry.

• Ask for advice. Convert them from a customer to an owner. Your major donors are smart people and often will share good ideas. “Do you believe the community will support this project? Do you know any donors who might be able to assist us? Who can become a “Friendraiser?” Who can help us open that door and make an introduction? Who should be involved in the ask?” Remember, the number one reason why people give is because of who asks. People give to people not to proposals or organizations. 

• How could you see yourself becoming more involved with our organization?  Good question! Ask and then W.A.I.T. Don’t make assumptions. Drill deeper in your conversation with each ministry partner. Could this be a family gift, from a trust, or from a donor directed fund? Would they be willing to serve your organization as a volunteer, perhaps in a capacity where they could involve their friends, family, and colleagues? Ask, listen, and W.A.I.T.

• Final question: If you were to give a lead gift what would you want your gift to accomplish? Here again we see what the donor values. “What other information could we provide to help you make an even larger impact on the people we serve?” Major donors will fund your organization’s 3 P’s: programs, personnel, and property. Program – donors will support strengthening existing programs, starting new programs, and finding innovating ways to help your organization be better and sometimes bigger. Personnel – some donors will invest in new staff/team members knowing that it takes deeply-committed, highly-qualified people to run your ministry effectively. Property – perhaps you need new or expanded facilities to maximize your ministry. People give to what you ask. Listen to their heart and present them with a tailormade proposal.

W.A.I.T. means listening your way to an upgraded gift; from low to mid-range, or from a mid-range to a major or mega gift. Learn to include these great questions in all your donor conversations. Good things come to those who W.A.I.T.!

Author: Pat McLaughlin, President and Founding Partner

Client Impact, Development, Donor Relations, Major Donors

Critical Year-End Appeals and Solicitations Part 4

Only a few weeks left!!!

Since Labor Day, you have worked hard to plan your Fall and Year-End appeals via mail and email. You have also made follow up calls to your key ministry friends as well as your Multiple Support Program donors (MSPs) who make multiple gifts on a monthly or quarterly basis.

Now is not the time to back off and give up!  Rather, it’s full speed ahead as you reach out to your key ministry partners and ask them to help you with a generous year-end gift.

Don’t forget to share the following with your donors and ministry friends:

• Remind your donors about the benefits of giving directly from their IRA or appreciated assets, especially since the stock market is tracking at an all-time high.

• Thanks to federal coronavirus relief legislation, taxpayers are now able to take advantage of a new deduction for donating to qualifying charities — up to $300 for individual filers and up to $600 for married couples. This applies even if they don’t itemize, which is favorable news for many tax filers.

•Another helpful CARES Act change removes the charitable contribution deduction cap. Normally, the deduction cap on charitable contributions for those who itemize is 60% of your adjusted gross income (AGI). The CARES Act lifts that cap to 100% for individual and joint tax filers that wish to claim this $300 charitable donation deduction.

For December, we recommend the following action steps to maximize your final year-end appeals follow up and personal solicitations to your ministry partners.

December 2020

• Follow up with a year-end appeal sent out via email and snail mail on or before December 10th.

• Conduct a Ministry Briefing virtual event and arrange follow up virtual visits to those attending the event who express interest in learning more about your ministry.

• Schedule personal/virtual visits with your major/mega donors by your CEO, COO, and CDO during the final month of 2020. Prepare a sample script for scheduling appointments.

• Team members should make “thank you” calls to major, mega, and faithful donors as part of your year-end outreach. Acknowledge gifts received during 2020, particularly major gifts and remind them of your year-end appeal. Recruit a calling team of board members, administrative staff, development department staff, and faithful friends or donors (volunteers) dedicated to the ministry’s mission and vision. Provide a sample script for call team members. The best time to call is between 12/10 to 12/20 after the year-end appeal has arrived.

• CEO, COO, and CDO complete personal/virtual visits with key donors for solicitation of significant year-end gift commitments.

• Make sure your Administrative and Development Staff are on call to follow up with key donors interested in arranging special or last-minute year-end gifts; (i.e., gifts of stock, IRA Rollover, planned gifts, etc.).

Please drop us a line and let us know how you are doing. Visit our website for more helpful tools and resources. We would love to partner with you in your urgent year-end fundraising activities to support and advance the unique ministry mission God has called you to accomplish.

Author: Dan DiDonato, Consulant

1 2 4 5 6 7 8 12 13
Cart Overview