Fundraising Fundamentals
Monday, April 26th, 2010Successful fundraising requires following certain fundamental steps. Here are two things you have to do with every fundraiser:
1) Increase community awareness of your need
2) Increase community awareness of your offering
Everybody reading this instantly thinks, “Yep, we’ve got that covered. Everybody in our group knows what we’re doing.”
Let’s take a closer look and see, shall we?
Creating Awareness Of Your Fundraising Need:
1) Can your need be expressed in a single sentence?
2) Has everyone in your group memorized that sentence?
3) Is expressing your need a part of your approach to all supporters?
Test your group from top to bottom.
Randomly ask individuals to tell you why your group is raising money.
I absolutely guarantee you that you’ll be surprised at how weak the various answers are.
In many groups, more than 50% of those involved with the fundraiser will not be able to tell you in a single sentence the specific reasons why they are raising money.
What about outside your group?
Can you honestly say that you’ve exhausted every possible approach in getting the word out to the community about your fundraiser?
Does everybody know why you need money?
Have you done each of these?
Flyers
Posters
Press release
Roadside signs
Newspaper coverage
Public service radio announcements
Pre-kickoff letter, postcard, or email campaigns
Or, are you assuming that all you have to do is tell someone that you’re doing a fundraiser and that they’ll be glad to help?
Two problems with that approach. One is that most of your group can’t effectively communicate your need.
The second is that you are already assuming that your group has more than enough prospective supporters to meet your goal.
Both these problems limit your potential results.
Consider these three points:
One, if your need isn’t communicated clearly and concisely, it will not be understood and internalized as a deserving cause by your prospective supporters.
Two, if your sellers don’t really understand your group’s need, then they won’t push as hard to meet that need.
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