Funding Success News

May 7, 2010

Money through Social Networking

Social networking sites such as LinkedIn, Face Book, and Twitter have exploded. These are the best known but hundreds of smaller networks exist. They grew because people love to talk and share.  You probably wonder about some of the things you see on these sites. Do we really care what Ivory ate for breakfast or if Stella is in a good mood? The answer is yes!!

We do care. We have an insatiable desire to know what is going on in our neighbors minds, bodies and businesses. So of course it is only natural that people are courious about where their money goes when they donate.  As a nonprofit with foster care I saw this often. A gift would arrive; it could be a crib or a toy, sometimes food or money for a familyand the giver would ask where it went. Could they get a picture of the child opening the present? What was the baby’s name who received the crib?

Often i would be asked months even years later, what happened to…

Your donors are hungry, they want to know how their donations are used.  Of course you can’t track each donation and you will need to be careful about having releases, but share the stories.  Let your donors follow you on the social networks and give a quick up date.

I used to write a News Letter and send it as a thank you to donors. With the web it can all be streamlined. Let them know that Evie turned eight and thanks to their donations she is able to ride a shiny new red bike! Tell them of the excitment the school supplies bring, the tears the food brought to a single struggling mom.

This is especially important if those of you working with populations that are hard to like or care about.  So talk about the parolee who made a mistake, worked hard and is now being released. Give him a name – a personality – a dream.  Let your donors know that  Luke has twinkling blue eyes and dreams of marrying his childhood sweetheart. That Luke is looking forward to restarting his life and thanks to the donor can now rent a small apartment and finish his certification in auto repair.

Tweet your success and when you have needs your donors will be more willing to pitch in. They will share and connect with their networks bringing in greater dollars.

October 19, 2009

Build Giving Through Stories

Keri Silk, MS, DTM

Keri Silk, MS, DTM

Stories create connection.  Perhaps the most important thing an agency can do is to get their clients stories out to the world at large. People are moved to give because they feel connected. Connections through emotion are the strongest. Consider the television advertising with small needy children staring through hungry eyes.  Or, the ads that show a homeless person smiling over a steaming plate of Thanksgiving dinner and others.

Your stories are just as powerful. Use words and whenever possible pictures. Tell the needs, tell your successes and always offer a way that your audience can help.  This is just as important in grant writing as it is in any other form of donation request.

When you tell a story or use a picture be sure to obtain a release of information from the client. If not available, you can consider changing names and other information so that the client is not recognizable.  You may wish to consult an attorney on this.

When writing a grant I always try to include a story.  It helps the giver identify and connect.  With more funders moving towards shorter applications you will need to weigh every word.  Leave out the pontificating and keep the story.

August 6, 2009

Prospecting for Funds

I have recently been part of a conversation, between Development Directors, concerning prospecting. Prospecting is looking for individual philanthropists that might like to send your organization funds. Sounds rather simple, but the complexity and the scope was greater than I imagined.

My work has been dedicated to grants. I research the different funders and share this information with my clients in a grant search report. Grants are given by foundations, corporations or government agencies.  This is different from prospecting for individuals.

The individual donor, generally does not have an application process. How do you find these rich or giving individuals? What is the best way to be sure that they are a match? Is there a good or a bad way to approach? These are a few of the questions I have been collecting answers too.

The conversation has been extremely interesting and I will pass this information on to you over the next few weeks. Be sure to keep tuned in, either through an RSS feed or follow me on twitter!! http://twitter.com/kerisilk

Powered by WordPress