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Anyone with leadership ability is like a well-coiled spring: if
pushed, they will return a proportionate level of energy. The people who share your
mission and your passion will respond.
By: Greg Bowden
Asking for money is, for many people, one of the most difficult things to
do. For those of us involved with not-for-profit organizations, however, it is a critical
task. We have to continually work to identify and assess new prospects. We must also hone
our skills as solicitors. Even the most experienced fundraiser needs to continually review
their tactics and strategy. Thankfully, the “science” of fundraising has been
refined over generations and several universal truths are clear. We do not have to
reinvent the wheel to know what approaches are most likely to yield a positive result to a
solicitation.
One of the necessary steps to a successful solicitation is to plan, and
even script, the meeting. Applying our objective knowledge, well before the actual
request, allows us to make objective decisions about how to best proceed. Everyone
involved must be firmly committed to setting the components of the request, and then
sticking to them when our natural anxieties start to pull us in different directions. We
call this “planning the work and working the plan.” This objective checklist is
our defense against the encroachment of the nervousness and anxiety that so often
accompanies a solicitation.
One thing that must be decided prior to the meeting, with the benefit of
calm objectivity, is the amount to be requested. One of the simplest ways to make a tough
job easier is to conduct a solicitation and simply ask the prospect to contribute
“whatever amount feels comfortable to them.” This is a mistake for a couple of
reasons.
First of all, we do not necessarily want the prospect to give a
“comfortable” gift. We want the campaign to achieve “extraordinary”
results and extraordinary means “other than ordinary.” We want the donors to
stretch themselves. We want them to step out on faith and make a gift that is difficult
but that generates some excitement in the minds of those involved. We sell our mission
short when we ask people for anything less than the fullest measure of sacrifice that they
are capable of making.
Furthermore, it is not fair to the prospect to make such a vague request.
We need to suggest an amount so that they know what we need from them. They have no idea
what we might be considering, or where they fit into our overall plans. We need to show
them exactly which critical position they hold in the puzzle.
The analogy I like to use is that of the power company. Suppose the power
company sent out their bills each month, and instead of having an amount due at the bottom
it simply read, “Please pay whatever you feel comfortable with.” What would
happen? The power company would go out of business! The truth of the matter is the power
company needs a certain amount of money from its customers. The power company has
determined what each person’s share of that total is, and they put that number on the
bill. Charities need a certain amount of money as well, whether for a capital project or
an annual appeal. The only way to reach that goal is to divide it into pieces and ask each
prospect to assume responsibility for part of the whole.
Deciding how much to ask each prospect for is a function of two things: a
general sense of their capability and a specific knowledge of what their peers have
contributed. This again underscores the importance of asking for a specific amount. A
person’s gift is going to influence other gifts, and so deciding what amount to seek
from one person has a direct relation to the amount you might be able to request of later
prospects. Receiving a positive response to a specific request suggests that other
prospects in that donor’s peer group could be asked to consider similar gifts.
The power of suggesting a specific gift amount was demonstrated to me
early in my fundraising career. As director of a major annual appeal, I was responsible
for sending tens of thousands of direct mail appeals to households across the state. When
I arrived, the solicitation letter asked them simply to give “what they could.”
With no benchmark to aim for, people were “self-motivating” themselves to give
$25 or $50. Eventually, we were able to augment our mailings so that they quoted the
person’s previous gift and had a specific request that was the result of a formulaic
increase of what they had done in the past. For my first year, though, we needed something
simple that could be implemented quickly.
We decided to mention the appeal’s average gift in the letters sent
to people who traditionally gave less than that average. At the time, the average gift was
$105, a rather specific number. So, the letter read, “We appreciate the support you
have shown to the appeal over the years. Thanks to you and others like you, our average
gift is $105. For the coming year, we ask you to consider contributing at that level, or
higher if your circumstances allow.” Of course, we had picked out the prospects with
much greater capability, and sent them a separate mailing.
The result to this tactic was both comical and tremendously informative.
We started receiving one check after another made out for $105. By the time we were done,
over 1,000 people had made a contribution of exactly $105. That was all the evidence I
needed to convince me of the benefits of specific, targeted requests. People had taken our
suggestion. This was not the result of a “herd mentality,” since each of these
people had arrived at a decision on their own. It was simply a matter of telling them what
we needed, of placing an expectation before them. Anyone with leadership ability is like a
well-coiled spring: if pushed, they will return a proportionate level of energy.
Every successful solicitation, whether for $105 toward an annual appeal or
$100,000 for a capital campaign, will incorporate a specific suggestion of an amount for
the prospect to consider. Doing so is the only approach that truly is fair to both the
mission of your organization and the prospect. The people who share your mission and your
passion will respond.
Greg Bowden was formerly a campaign director at Custom
Development Solutions, Inc. (CDS). CDS is one of North
America's most sought after fundraising consulting firms specializing in the strategic
planning and tactical execution of capital campaigns for non-profits throughout the United
States and Canada. More information on CDS can be found on the web at www.cdsfunds.com. If you have a fundraising question,
please call 800-761-3833 or send an email to lcs@cdsfunds.com.
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