The time for year-end giving (i.e., fall fundraising) seems to come faster and faster each year. Back to school shopping ends and Halloween decorations line the aisles of your favorite stores. If you wait until Halloween rolls around, you’ll have waited too long.
So, carpe diam — seize the day!
The reason it’s so important to prepare for year-end giving is that many nonprofit organizations raise 70% or more of their annual fundraising revenue in the last 8 weeks of the year. Seventy percent!
5 Ways to Prepare for Year-End Giving NOW
With that in mind, what can you do today — RIGHT NOW — to start preparing for year-end giving?
1. Walk in your donor’s shoes.
Make a donation to your own organization. Online. And through the mail. Notice the process yourself:
- Is it easy to give?
- Are there any glitches?
- How do you get notified of the donation?
- Does it get entered correctly into the donor database?
- How long does it take to get a thank you letter?
Take the time NOW to correct anything that doesn’t go as you would expect.
2. Improve donor retention.
Print your list of LYBUNTS — those who gave “Last Year But Not This.” What will you do ensure those donors give again this year?
Have you thanked them in a way that ensures they feel thanked? If you’re not sure, what else can you do? And, do they know how their money was used?
September and October are the perfect months to let donors know how their gift was used this past year.
3. Secure major gifts.
Have you reached out to your top twenty donors this year? And asked them for a major gift?
Don’t leave this up to chance. Communicate with your biggest and best donors about what you need and how they can help, and do it now, before year-end.
One great way to ensure your year-end success with major gifts is to enroll NOW in my 7-week online course, Mastering Major Gifts. You can begin the course the day you buy. So if you’re ready to get serious about major gift fundraising just in time for year-end giving, register today!
4. Increase year-end giving.
Personalize, personalize, personalize.
Make a plan to write personal notes to each donor you are asking for a gift. Handwrite envelopes too. Send a follow up mailing or phone call to those who don’t respond to your first mailing.
5. Practice gratitude.
Be grateful for the gifts you have received and those that are coming your way.
Print lists of your loyal donors (those who have given over the last few years), your monthly donors, your largest donors, and your first-time donors and give them a call simply to say thank you. Let them know how much their gift means to your organization and the impact it has had on the people you serve.
Be Patient and Persistent
Finally, cut yourself some slack. Don’t beat yourself up for the things you don’t get to or can’t accomplish.
You’ve been working hard all year. You’re doing the best you can. Some things are beyond your control. Continue to grow, learn and work hard. Don’t worry about the rest.
You’ve dedicated your life and your work to helping solve the world’s biggest challenges. If it were easy, it would be done by now.
So be patient with yourself, but practice persistence. You’ll get there.
What will you be doing to prepare for fall fundraising? Let me know in the comments.
Erin says
I love this article and think it is a great tool at the perfect time! A question – What are your thoughts on securing a match for the EOY campaign? Beyond the larger audience / donor motivation, do you have any tips on how to engage the match donor once they’ve committed (campaign updates, etc.). Thanks!
Amy Eisenstein says
Thanks, Erin! Yes, if you can secure a matching gift for the EOY campaign, it’s a great tool. Many people respond well to matching gift opportunities. You’re on the right track with campaign updates, personal notes, thank you calls, etc.
Faith Pridmore says
Really appreciated that reminder about those LYBUNTS!
Thank you Amy for all the reminders – really helpful as we prepare for that last quarter.
Suzan Fichtner says
Wow! Thank you for this stimulating article! This came at a perfect time…certainly “no coincidences”. We are having our first EOY Appeal meeting tomorrow and the main thing I said to my development director is that we need to be creative in our campaign and solid in our recognition! You have “sparked my creativity”. Thanks!