3 secrets to raising major gifts you can't survive without
TRANSCRIPT
3 Secrets to Raising Major Gifts You Can’t
Survive Without
1/26/17 1pm Eastern
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Before we get started »
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Our guest presenter »Amy Eisenstein @AmyEisenstein
• Author, speaker, trainer and consultant
• Frequent keynote speaker • AFP Certified Master Trainer • ACFRE • Author of Major Gift Fundraising for
Small Shops, Raising More with Less, and 50 A$ks in 50 Weeks
• Co-author of Mastering Major Gifts study
3 Secrets To Raising Major Gifts
You Can’t Survive WithoutDeveloping More Than Friends And Followers
Amy Eisenstein
• Worked as a DOD in a battered women’s shelter, at Rutgers University, and NJISJ
• Earned CFRE in 2004 and ACFRE (Advanced) in 2013
• Author of 3 books on fundraising• Conference speaker and board retreat
facilitator
Major Gifts for Small Shops Research Results: www.MasteringMajorGifts.com
When You Learn to
Raise Major Gifts, You:
Get freedom from sprinting from one grant deadline to the next, and from one event to the next.
Become an expert in the field and an in-demand fundraising professional.
Overcome your fear of raising major gifts, and your fear of asking.
Imagine What Your Life
Will Be Like When…
•You surpass your goals by 10%, 50% or even 100%
•You never stress about deadlines related to grant writing and events
•You overcome your fear of asking
•You are qualified for any job in the philanthropic sector
•You have donors who make a huge difference
Case Studies
•Cynthia at a small community theatre who asked for and received a first $10,000 gift
•Hilary raising money for children with developmental disabilities, raised two $50,000 gifts in one year after largest prior gift of $20K
•Sue at a mentoring program, raising major gifts from every board member for the first time
Results Are Not Typical
•I'll walk you through the steps we're using to get great results.
•Please understand - our results are not typical because the average person who attends ANY training gets zero results.
What We’ll Cover
•Secret #1: Your best prospective donors are hiding in plain sight.
•Secret #2: If you get a meeting, you’ll get a gift.
•Secret #3: Your board is focused on the wrong metric, but when you focus on the right metrics… watch your results skyrocket!
Secret #1
Most development directors think they don't have any good prospects.
Your best prospective donors are hiding in plain sight.
Focus on Major
Donors
You only need a few major donors to raise significantly more money than you are right now.
You can make more money from your top 10% of donors than with the other 90% of your donors combined.
One major donor can increase your revenue by 10% or more with one gift.
Focus on Major
Donors
If this is true for 1 donor, imagine what would happen if you have 5 or 10 major donors.
You don't need new donors to get started - your best prospective donors are already in your database.
A – AccessB – Belief
C - Capacity
You Don’t Need
New Donors
Get Out From Behind
Your Desk
Too many development directors get stuck at their desks.
Money is “out there” not “in here”.
If you get someone to take the time to meet with you, they’re much more likely to make a gift.
Power of Meetings
Don'ts of First Meetings
Do NOT:
•Offer to give them an update
•Offer to thank them in person
•Offer to tell them about your organization
Do’s of First Meetings
•Have a connection make an introduction
•Ask their advice and opinions
•Discuss their goals and passions
•Keep it short and convenient
•Ask open-ended questions
•Learn about their interests and motivations
•Answer questions and provide brief updates
•Invite to tour or volunteer
During the Meeting
Bad Advice
During your initial meeting, you may get feedback that doesn’t align.
What to do with bad advice:
•Tell them you’ll think about it
•Follow up!
•Take the relationship to the next level –deeper engagement
•Ask for a gift
•Continue cultivation and stewardship
Transitioning To Ask
Secret # 3
Your board is focused on the wrong metric.
Watch your results skyrocket, when you focus on the right metrics instead.
You can raise more major gifts by changing what you measure.
It’s not just about dollars raised.
What You Measure,
Improves
Focus On The Right
Metrics
• Measure success based on repeat gifts (returning donors)
• Measure increase in gift size• Measure stewardship efforts (which impact
subsequent giving)
• Measure meaningful visits • Measure number of asks made and
gifts received• Dollar raised
Focus On The Right
Metrics
Reward
…Here’s a free metrics worksheet on “How to Evaluate Your Major Gift Program”:
www.masteringmajorgifts.com/reward
AMY – Suggest showing the cover of the free worksheet PDF
We’ve Covered
• Secret #1: Your best prospective donors are hiding in plain sight.
• Secret #2: If you get a meeting, you’ll get a gift.
• Secret #3: Focus on the right metrics!
• Increasing fundraising revenue by 10%, 50% or more• Getting off the never-ending treadmill of grant and
event deadlines• Career advancement - becoming an in-demand
fundraising professional• Overcoming the fear of raising major gifts • Raising significantly more funding in less than 1 year
Mastering Major Gifts
7 Week Online Course
7 weeks of videos:- Introduction to Major Gifts- Working with Board Members- Identifying your best prospects- Creating cultivation plans- Solicitation scripts, role play- Stewardship and follow up- Capital Campaigns- Staying on track, time mgt.
Here’s What’s Included
- 35 CFRE credits - Live Q&A sessions with Amy- Worksheets and checklists - Private Facebook community- 200 screened donors- 1 hour free tech consult - Capital campaign readiness assessment- Bonus videos and materials
https://bloomerang.co/resources
•Nonprofit Wrap-Up •Bloomerang TV •Bloomies •eBooks
•Daily blog post •Weekly webinars •Templates •Guides
Our next free webinar »
Capital Campaigns: Best Practices, Common Mistakes
Thursday, Feb. 2, 2017 – 1:00pm Eastern
Brent A. Hafele, M.A
https://bloomerang.co/resources/webinars