C-level executives Angel Aloma, Danny McGregor and Atul Tandon, along with moderator Tom Harrison, discussed the biggest issues concerning fundraisers at the DMA Nonprofit Federation New York Nonprofit Conference.
Major Gifts
Major donors are invaluable for any fundraiser, and retaining them during these tough economic times is more critical than ever. At the 2010 Bridge Conference held in National Harbor, Md., July 26-28, Martha Schumacher, president of Hazen Inc., and Katie Jett Walls, manager of individual giving at Capital City Public Charter School, provided 10 stewardship tips to live by in their presentation, "How to Keep Your Major Donors Happy."
The traditional (and frankly easy) way to evaluate a direct-mail fundraising program is to determine net revenue and the number of donors you keep, gain and lose. A mature and well-managed program invests in acquisition, ends the year with more donors and, if really good, achieves an overall higher average gift to boot.
But major college fundraisers know there have been fewer alumni willing to whip out their checkbooks these days. So they've been focusing almost exclusively on major donors for large gifts -- a strategy that paid off this week with news of some record-breaking increases in private contributions. "The number of million-dollar gifts are up dramatically," said Gene Tempel, president of the IU Foundation, "and we've been emphasizing those major gifts." The Bloomington-based foundation helped Indiana University raise $342.8 million in fiscal year 2010, a 38 percent increase from 2009 and the second-highest amount ever. Purdue and Notre Dame reported
LEOGANE, Haiti -- Bill Clinton returned to Haiti on a new mission Tuesday to invigorate recovery from January's devastating earthquake and help millions end lives of poverty and danger.
On his first visit since becoming co-chairman of the committee overseeing more than $5.3 billion in international reconstruction aid, the former U.S. president visited the seaside town of Leogane, next to the Jan. 12 epicenter. Less than a fifth of its buildings survived, and thousands of residents are at risk from floods and high winds.
The fast pace and apparent shallowness of sites such as Facebook, YouTube and Twitter, as well as blogs and other online communities, seem to be the antithesis of what major-donor fundraising is all about. Not so, according to fundraising consultant Carolyn Appleton, who presented her case at the Nonprofit Technology Conference held in Atlanta earlier this month. In her session, “Major Gift Fundraising and Social Media,” Appleton tackled the old-school perceptions of social media.
October 14, 2009, The Chronicle of Philanthropy — Wealthy people who give away 10 percent or more of their income to charity have built a higher net worth — and tend to be happier — than other wealthy individuals who give less, says Thomas J. Stanley in his new book, Stop Acting Rich … and Start Living Like a Real Millionaire.
September 9, 2009, Tufts Journal — Bernard Gordon, known as the father of analog-to-digital conversion and for breakthroughs such as the fetal heart monitor and portable CT scan, has committed $40 million to Tufts University’s School of Engineering to advance its engineering leadership education programs.
September 9, 2009, Forbes — Despite managing through the worst economic conditions the U.S. has seen since the Great Depression, high-net-worth individuals are still committed to charitable giving. In fact, in many cases, they are now more generous than in years past, according to results of a survey of 500 high-net-worth and ultra-high -net-worth individuals in the U.S. and U.K. conducted by Barclays Wealth and Ledbury Research.
Columbia, SC, September 6, 2009 — National Development Institute recently launched their new website designed to assist nonprofit organizations in major gifts fundraising efforts. Seasoned fundraisers as well as those who are new to the task of development can have access to resources, tools and guidance through this online offering.