How to Ask for Donations: 3 Easy Phases for Effective Fundraising
Category: monthly-donations
How to Ask for Donations: 3 Easy Phases for Effective Fundraising
Fundraising,
Funding,
monthly donations,
cultivate donors,
donor motivation
February 07, 2023
Nonprofit monthly giving programs are popping up everywhere. It’s one of the most popular (and amazing!) nonprofit trends.
Inside Look... This guide will cover the following topics: Keep the Value of Monthly Donors Top of Mind Don’t Keep Your Monthly Donors Waiting. Steward them early! Be as Committed to Your Monthly Donors as They are to YOU ACT Before Monthly Donors Leave Add Credit Card Account Updater Encourage Electronic Funds Transfers Test Call Your Organization Ensure You and Your Staff are Passionate about Monthly Giving Review Your Join and Retention Processes Look at Your Numbers Introduction! “FIGHT TILL THE LAST GASP.” — William Shakespeare, Henry VI
Donors young and old are interested and willing to give monthly You allow the donor to make a difference in a way that's convenient and affordable to them. 2-5x Monthly donors give more money. Typically they give two to five times more. And it is unrestricted. It is not expensive to get started with monthly giving. You already have the tools in-house with your payment processor, donor base, and email program. Monthly donors will continue to make extra gifts if asked and can be upgraded at least once a year. Monthly donors will provide the funds you can count on, month after month. You can plan your cash flow better and you'll know funds will come in no matter what.