For nonprofit organizations, the end of the year is prime time for donations. Research shows that nonprofits receive a third of their total donations in the month of December, with 12% of all giving happening in the last three days of the calendar year. You can’t ignore that potential.
Why do people give more at the end of the year? There are several reasons why including:
With that in mind, what can you do to maximize your organization’s year-end giving? Here are ten tips to keep in mind.
Start your 2022 end-of-year fundraising campaign by analyzing the results from last year’s end-of-year campaign and then building on what you learned. When you’re looking at the data, ask the following questions:
Every campaign needs to have goals, and those goals need to be specific and measurable. Your goals also need to be attainable, or you’ll be consistently disappointed. Set clear goals for your end-of-year campaign—and make sure you can meet them.
The audience for your end-of-year campaign will consist of both current and new donors. Make sure you segment your marketing along those lines, as well as along other demographic factors, including:
Once you’ve identified your audience, you next need to determine the best ways to reach them. This will vary by audience type but should include some combination of:
Match the media you use to how specific donors like to be reached.
Employ your current donors to find new donors. Set up a peer-to-peer campaign to they can solicit donations from their personal friend, family, and co-worker networks. Encourage your supporters to share your fundraising pages on their social media and provide postcards they can mail to potential donors they may know.
Don’t let your end-of-year donors be one-time donors. Encourage them to sign up for recurring donations so they’ll keep giving throughout the new year.
End-of-year donors will give even more if they know their donations will be matched in kind. Set up a matching gifts program so that every dollar you receive will be matched by a larger donor.
To maximize your year-end giving, decide on a theme with appeals to your target audience. It may be something practical, such as giving to reduce your tax burden, or something more inspirational, such as giving to help meet your organization’s full-year goal. Give your donors a reason to give.
People get busy at the end of the year, especially as the holidays approach. They may notice your solicitations but forget to act on them. For that reason, you need to send out multiple solicitations, spaced appropriately, to remind donors to give and not let the opportunity slip away. That means setting up a schedule for multiple communications, from now through the very last week of the year, each one increasing in urgency. Remember how many people donate during the last three days of December—you want to get your share of that.
You need to make year-end giving as easy as possible. For many donors, that means offering convenient online giving through GIVE BACK GATEWAY. Donors like to give from the comfort of their own homes, using their own smartphones, tablets, or computers. As the end of the year approaches, there may not be time to write and mail a check. With online giving, your donors can give up to the very last day of the year and still have it count as a 2022 donation.
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