Annual Giving - Strategies to Create a Successful Annual Fund

Annual Fund Case Study: Greater Minneapolis Crisissources. What you can do: Understand there are
Nursery© A Strategic Development Plan andtwo types of grant funding. The first is corporate
a Professional Staff Committed to the Cause isand large foundation grants with stringent
Essential to a Successful Annual Fundguidelines. The second is small family foundations
In one year The Greater Minneapolis Crisisand businesses; most whom don't have guidelines.
Nursery acquired 1,287 new donors. In the sameThe latter where treated more as an individual
year, 454 donors increased their level of givingthan a corporate funder. It's an important
from the previous year. In this case study I'vedistinction in terms of how you communicate with
outlined the strategies and techniques used forthem. If you have an organization where your
donor acquisition and retention.programs can be "touched and felt", like the crisis
Annual fund success is definitely a process not annursery - encourage site visits regularly. Looking
event. When I began work with the Nursery twoat a sleeping child speaks volumes and often
years prior, I first focused my time and attentionthat's all one needs.
on building a strategic development plan andHold volunteer-hosted special events - The
building a professional development team to carryNursery formed a volunteer committee from the
out the plan. Despite internal re-organization,community. The committee focused on bringing
limited fundraising, and hiring a development team,their friends/colleagues to the Nursery for a tour
the annual giving program grew 6%.and then lunch with the kids. What you can do:
My second year with the Nursery they embarkedEncourage your organizations closest friends to
on a $3.1 million dollar capital campaign. Thebring their friends to events, or visit the place
development team carried out the strategic planthey volunteer. Let them know they are more
for building the annual fund along with thethan a donor or volunteer, but also an
Development Committee of the Board. In theambassador for the organization.
midst of a capital campaign, the Nursery's annualDonor retention/upgrade strategies:
giving program increased by 12% that year.Design giving clubs - The Nursery's board
By the third year a number of pieces were firmlyresearched the giving clubs of other area
in place. A professional four person developmentnon-profits. They also spent a fair amount of time
team had been together for two years, theand effort developing the names of the giving
original development plan had been refined andclubs to develop a unique and appropriate brand
targeted, and a disciplined media relationsor identity for each giving level.
campaign began to yield results. The NurseryCreate a monthly giving club - Through this
gained much publicity due to the opening of itsprocess they also introduced a monthly giving club.
second shelter, including an article in TIMEThis program served two purposes. First, the
MAGAZINE which I promptly receivedprogram evened out the cash flow over the
reproduction permission and subsequently mailedcourse of the year. Second, the opportunity to
that same week to the Nursery's 4,000 donors.give monthly allowed certain individuals to
That mailing raised $29,000 in a matter of fourcontribute a greater amount than they would
weeks. That same year the annual fund grew byotherwise consider if making a single gift. To
31%. Overall, in three years Greater Minneapolisidentify potential candidates for the monthly giving
Crisis Nursery's annual fund nearly doubled.program, they ran a report from their donor
SUGGESTED STRATEGIES FOR GROWING ANdatabase to identify individuals who had made
ANNUAL FUND Donor acquisition strategies:three or more gifts within the previous fiscal year.
Cultivate media relations - In one year, theThese individuals were mailed information about
Nursery appeared 69 times in print and 9 timesthe monthly giving program.
on television including NPR, Time Magazine, The LATarget select donors for personal solicitation -
Times, and ABC World News Tonight. What youThe Nursery analyzed giving patterns and
can do: Obtain a list of selected media contactsidentified prospects for gifts at the highest level
(source: Schmidt's Media Directory) and routinelyof their gift clubs. These individuals were removed
e-mail press releases to select TV news, radio,from basic direct mail programs. Each prospect
community newspapers, city magazines and tradewas assigned a specific ask amount and a solicitor.
publications.A personal phone call and tour of the shelter was
Develop a speaker's bureau - The Nurseryplanned and progress on each solicitation
incorporated a speaker's bureau aggressivelymonitored on a regular basis. Each solicitor was
promoted in the community and encouraged localassigned a minimum of ten donors.
groups to host community events their behalf.Cultivate a strategic relationship with each
What you can do: Prepare a comprehensivecorporate supporter - The Nursery encouraged
speaker's bureau manual which includesemployee volunteer programs with local corporate
organization contact information, sample script,supporters. Board membership was considered
organization history, statistics and facts, board list,for major corporate supporters. It's important to
common answers to common questions. Nextnote that today more than ever before
find listings of faith communities and communitycorporations give or give more to organizations
groups - all exist to support the community andwhere their employees volunteer.
give away funds to achieve that goal. Send aEncourage site visits - The Nursery's development
mailing in January or February to these groups toteam and staff aggressively contacted donors to
schedule speaking engagements - it works best ifencourage them to visit the shelter. The
you ask groups if you may address their groupopportunity to see the children's faces first-hand is
during a specific month (for example: April isa powerful and emotional experience.
National Child Abuse & Neglect month).Promote special occasion gifts - The Nursery
Establish Board Member participation - When youactively promoted special occasion giving where
establish the practice of Board participation ingifts are made in honor or memory of a loved
fundraising you eliminate the need for explanationone or colleague. Gifts made in honor of Mother's
when a new board member joins yourDay or the Christmas Holiday. In most cases,
organization - the expectation is clear. What youthese gifts were given in addition to an annual
can do: Require board members to commit tofund contribution.
assisting the development effort. Board membersAggressively use return gift envelopes - The
need to financially support your organization. It'sNursery placed gift envelopes in thank you letters,
much easier to go to the larger community ornewsletters, tax receipts, information packets and
write a grant if you can say, "Yes, we haveannual reports. We even sent a mailing three
100% board participation in our fundraisingtimes a year (during low cash-flow months) which
efforts". The amount doesn't matter - it's thewas simply a reply gift envelope within a #10
percentage of participation you strive for. Boardenvelope (no letter enclosed). Many donors will
members should be asked directly if they aregive every time you present an opportunity to
connected to funding sources, have fundinggive. Proof: The "envelope within an envelope"
sources of their own or are willing to roll up theirmailing consistently raises $8,000 - $10,000 when
sleeves and raise money. A practice Imailed to roughly 3,000 donors.
recommend is to have your board send a letterTailor solicitations to individual interests -
to their personal address book asking for support.Whenever the development staff interacted with
Convert Capital - Campaign donors to annualdonors and corporate supporters, they listened
donors Several donors to the Nursery's Capitalfor the individual's interest in specific programs
Campaign were new donors or were not regularoffered by the Nursery. When soliciting, donors
Annual Fund donors. What you can do: Establish awere provided options for supporting the program
strategic plan to approach Capital Campaignfor which they had expressed interest. Some
donors asking for long-term support.donors are not sufficiently motivated to support a
Acquire or purchase lists - The Nursery purchasedgeneral operating fund. An opportunity to support
or traded lists with similar organizations for directa specific program in which they have an
mail acquisition. This isn't just an important pieceexpressed interest can motivate an annual fund
of your development plan - it is essential. Aboutdonor to increase their annual fund gift, or will
50% of donors do not renew their gifts after theencourage a non-donor to begin to give.
first year and, by the fifth year; almost 90%In closing, there are four critical elements that are
have fallen off. It can cost up to 10 times asthe foundation for a successful annual fund:
much to reach a new donor as it does to1. An organization with a good reputation.
communicate with an existing one. What you can2. A strategic, deadline-oriented, development plan
do: When you develop your annual fund plan -with clearly established fundraising goals.
make sure a strategic and systematic tactic is in3. A professional development team who is
place to allow for on-going donor acquisition.strongly committed to the cause (and gives to it!)
Capture names or e-mail addresses whenever4. A fundraising database that's user friendly and
possible.flexible enough to track many dimensions of data
Increase grant research and proposal submission -in a manner which ensures the integrity of the
The Nursery used the internet and other researchinformation once it is pulled from the database in
tools to identify both local and national fundthe form of a report.