What we find is that donors are not renewing their giving year to year by as much as 40 percent to 60 percent each year. This tells us there is a cultivation problem.
Think about it.
In a healthy direct-response program with low-end donors, those attrition rates would not be acceptable. But, in a major-gift program it’s outrageously sad. Here are good folks who have made a significant investment in your organization, and for some reason they failed to continue that investment.
Jeff Schreifels is the principal owner of Veritus Group — an agency that partners with nonprofits to create, build and manage mid-level fundraising, major gifts and planned giving programs. In his 32-plus year career, Jeff has worked with hundreds of nonprofits, helping to raise more than $400 million in revenue.
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