Monday, June 17, 2013

Fundraising Tip: Make Specific and Direct Asks for Money

BDPA Education and Technology Foundation (BETF) spends a good deal of time talking with people about BDPA programs and services. We think that the worthiness of these programs is so self-evident that the money should be flowing in from donors to help us expand them. Of course, we've learned over time that we're just having a 'pleasant conversation' if we don't close the deal. I think that the following fundraising tip may be a helpful reminder to all of us that work with nonprofits that are doing good works.

Make Specific and Direct Asks for Money:

People give because they are asked—if you don't ask, the answer will always be no. It can be tough to look someone in the eyes and ask for money, but somewhere in your pitch, some variation of the words "I'd like to invite you to invest $100 in our work" need to find their place, ideally followed by as long a pause as it takes to get an answer.
For fundraisers, you can't make the mistake of not asking because you feel greedy or you think they will know what you want. Ask with pride for the cause you are so committed to raising money for, and be honored to be the potential bridge for that donor from need to impact, donation to solution. Be sure to ask for a specific amount (something that's a stretch, but not unrealistic), and be clear about exactly what you will spend the money on and the impact it will generate. Tell the story of someone you've served who enjoyed the impact of these types of donations.
Start today by calling a lapsed donor and asking for a small renewal gift, even if it's $25! Practice this type of direct and specific ask on your board members, coworkers, family, and friends, and in no time you will be a master fundraiser.

If you're still reading this blog post ....then this is my "ask" of you.   Please click here and donate a small gift ... even it it's $10 ... to support our Jesse Bemley Scholarship Fund.   Here is a sample of the young people who's lives you will impact with your donation.

This tip is inspired by Darian Heyman's new book, 'Nonprofit Management 101: A Complete and Practical Guide for Leaders and Professionals'.

Does this tip seem like one that you might use for your local chapter or nonprofit? If not, do you have a fundraising tip that you would like to share with us?

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