Tag Archives: denver

Relationships with Grantors – Four Tips

We love this statement by Amy Clinton, “The overall success of a grant writer should ultimately be measured by whether or not the organization for which that person is writing grants is building relationships and program credibility with funders and achieving incremental increases in grant funding revenues.”

Recently, an organization in our community saw the deletion of a grant they depended on. It was something they had received for years and at the end, the $125,000 they received last year, just went away without warning. That destroys programs and, it did! The program it funded was shut down.

Relationships and program credibility – how are you building them?

Tip #1: Share your message as often as you can with as many people as you can in the most-effective way.

Tip #2: Offer opportunities for people to be involved in your program and even invite the people within the organization/foundation granting money. They are not likely to attend but will appreciate the thought of inclusion to see how their money is being used.

Tip #3: Accept the way people participate in your program. This helps you to keep momentum going and maintains a positive perspective. A happy person says good things and can provide a testimonial for you later on. This looks good on applications.

Tip#4: Respect and appreciate everyone within your community. By this, we mean anyone associated with your mission and your organization. The same is true with those organizations offering similar services. Maintain the feeling of abundance. There’s enough to go around. Be thankful. SOAR (acronym for relationship development, which is outlined above).

Consider the following data, also provided by Amy Clinton (see her full article):

1. If an organization is submitting applications to already-established funders who know them well, they can expect:

a. For existing programs, high success rates, up to 90 percent
b. For expanding existing programs, good success rates, up to 80 percent
c. For new programs, lower success rates, generally 30 to 40 percent

2. If submitting applications to NEW funders, an excellent success rate would be 30 to 40 percent

3. If submitting applications to a combination of existing and new funders, an organization should expect a success rate of between 50 and 60 percent.


#soarwithnetworkfundraising assists organizations and individuals when they are determining the best way to GROW Community among their constituents. Increasing market share and raising money goes hand in hand. It’s easy when you choose to SOAR.

choosing to SOAR

Fundraising Goals – In the Bag!

Basically, “in the bag” means your fundraising is secured! You know it’s true because you’ve already accomplished the goal. Whew – a sigh of relief.

Last quarter of the year…is it really in the bag or are you kidding yourself?

As a nonprofit, it can be hard to focus on year-end goals when it’s only August. You undoubtably wear many hats in the organization. It can be even harder to decide what you need to do to achieve success when you’re still trying to meet Q2 or Q3 financial goals. Q4 builds powerful momentum for 2019. Speaking of ways to do this:

1. HAVE A CONSISTENT STORY TO SHARE

A story builds trust in your mission.  It has the potential to increase donations when the story is one people repeat to others. The same story has time to build momentum, and you’ll also save resources when you avoid creating something new. ALL. THE. TIME.

2. CUSTOMIZE HOW YOU COMMUNICATE

A donor is different than someone new learning about your program. Look at your connections and specifically at your monthly donation amounts. Align the way you communicate with different donor segments. Check your social media accounts to see which posts get the most engagement, and build articles for newsletters and subsequent posts based upon those topics. Share with people donating to your organization (time, money, resources).

Customizing communication increases trust in your organization.

3. APPRECIATE DONORS AND VOLUNTEERS

Connect with highly engaged donors and volunteers, who frequently support your mission. They are your advocates. They share your mission with others in a GOOD way when they feel respected. Now is the time to make sure there’s a program of appreciation in place, which is well-developed within your organization.

4. CONNECT WITH BUSINESSES AND SPONSORS

Increase awareness and revenue for your nonprofit when you grow the awareness of your organization within your community. Meet with people and share your mission. This is not asking people for donations unless they are ready to give.

Get to the top of your market because people have confidence and trust in you. Take the test! Prove it. Here’s a quick way to decipher your trustworthiness:

  • Do you serve the best interests of others?
    (Not your own interests)
  • Do you communicate all the information people need to be successful?
    (Don’t make assumptions about what you think “they can handle”. Leaders who underestimate the intelligence of their teams generally overestimate their own.)
  • Do you keep your commitments?
    (Leaders must watch their words because even a casual comment can be interpreted as a commitment.)

Keeping commitments is very important to establish trust.

SOAR is dedicated to helping businesses, non-profits and donors build community. Email us at iwantto@soarwithnetworkfundraising.com with questions.

 

Raising Money? A Result of Good Choices.

  • You have choices to make.
  • You weigh the options while educating yourself.
  • You make a choice.

This is an ideal scenario but it’s not always the way it goes.

A corporation growing market share (AKA raising money) often limits their options to what they’ve always done and then expects different results. You’ve probably heard a quote, often attributed to Albert Einstein:

“Insanity Is Doing the Same Thing Over and Over Again and Expecting Different Results.”

Insanity is a BAD choice when it comes to building confidence in your community for increasing market share. People wonder why an organization is STILL ASKING for money. Why have they NOT MET their financial goal? Will they ever be sustainable? Are they using their dollars wisely? Many times a development professional at an organization becomes the scapegoat. In reality, it costs more money to replace that professional than to work on building them into the model fundraiser. Most times, an employee challenged with raising money is so lost on what to do, they lose sleep at night, and their health deteriorates. Their self-esteem suffers. They feel they’ve let the organization down. They stop trying because it’s too painful.

Organizations choosing to SOAR lighten the burden on their fundraising professional. SOAR is an acronym for a system. People who have followed the program double awareness within two months. They increase fundraising 126% in four months. The metrics in every scenario are off the charts. SOAR only works with organizations and a fundraising professional who are willing to step outside of their box and see relationship building as a necessary tool for raising money.

CAUTION: Grants and donors seeking tax benefits are NOT guaranteed. Recently, a client lost their $100,000 block grant. It’s something they’d received for many years. Now, GONE with the blink of an eye. Fortunately, they are growing their program with SOAR. They’ve found ways to educate people about their mission. They are developing a culture with people in the community. They will survive.

Your choice is to SOAR for success. Discuss options. Schedule a quick call by clicking here.

 

 

 

Understanding Corporate Giving

By Gayle Gross

Companies are more cautious about revealing too much about their philanthropic activities, for fear of:

  • being inundated with requests they cannot fill.
  • raising the expectations of potential beneficiaries in a good year.
  • angering shareholders who may perceive the company’s charitable activity as giving away profits, or who don’t approve of the organizations or causes supported.
  • losing public support by giving to something considered controversial.

http://granspace.org is a great resource. The information above was borrowed from their website for this article.

Companies giving gifts requires a delicate balance. Engagement on behalf of the non-profit is important PRIOR to an ask.

I worked for a bank and EVERYDAY new requests for donations came in. EVERYDAY is not an exaggeration. I could add 1 – 3 new requests every day and on average it would still be correct. People the bank didn’t know came walking in the door with all of the right tools. The request letter, statement about their need, and a brochure about themselves.

Eventually, companies get the the point where there has to be a “giving back” component to the ask. What is the non-profit giving in return? Over time a strategic system began to develop at the bank. In 2017 the system was named and training others on the program began. There’s one catch. YOU have to SOAR and not be afraid to leave the ground!

At the bank, giving changed. Requests came in and they were strategically organized by which ones we could truly help. The reality was, we didn’t have a lot of money to give at the time. Instead, we did something new. The request would be for $5000 and we’d give $1000 along with resources (training) on how to fundraise $4000 more dollars. I’d sit on non-profit boards, and represent the bank through development functions. In the end, everyone grew market share! People saw the bank helping others in a new way.

SOAR goes above the basics for fundraising and lifts organizations into collaborative partnerships. Businesses, large and small, partner with non-profit(s) to create social impact where everyone benefits.

See what SOAR is…

Gayle Gross is the founder and CEO of SOAR. It’s time more businesses connect to increase market share. Collaborative Networking Events are making it happen! Email Gayle to learn more: iwantto@soarwithnetworkfundraising.com

Simple Steps for Building Networks to Raise Money

Collaborative Networking Events – THE way to spread your wings and SOAR! This is when you partner a business, nonprofit, sponsor and attendees. The business and the sponsor may be one in the same.

  • Business – provides location
  • Sponsor – pays for event amenities (food, etc)
  • Non-profit – featured during presentation
  • Attendees come to NETWORK and will see the presentation

The Collaborative Networking Event is a mix n’ mingle partnered between two presentations. SOAR is an acronym for a relationship management style. Network Fundraising is the system. SOAR with Network Fundraising is described in a book – by the same name. There are also educational platforms described on the website. soarwithnetworkfundraising.org

Why network at all?

  • Develop relationships for business
  • Grow market share
  • Create sustainability

When does networking really work?

  • Growth happens within your network because of reciprocal services you provide to others
  • Reciprication happens when you’re giving back in meaningful ways because you know what someone values.

Networking methods – there are many. The one to consider, which happens officially in three meetings, is 1:1 networking.

  • Meeting #1
    • Learn more about the individual
    • Listen to ideas
    • Determine where there’s an overlap
    • Mutually share information about networks
  • Meeting #2
    • Offer support in meaningful ways
    • Add value
    • Determine how to recognize
    • Provide network leads and opportunities
  • Meeting #3
    • Determine the best way to develop a collaboration
    • Make the ask

SOAR with Network Fundraising – the book on Amazon – Click to order

Let’s connect on Social Networks

  • soarwithnetworkfundraising.com (FB)
  • gaylegross.com (FB)
  • gayle_gross (Twitter)
  • Linkedin.com/in/gaylegross (LinkedIn)

The V formation for Fundraising

The V formation is a volunteer format. Think of birds flying in a flock.

V Formation is a pattern most often used by a flock of birds. Birds maintain a healthy balance and do not get tired while flying because they lift each other up. Their wings create an updraft as the flock works together to reach its common goal. They soar.

Leaders and Followers are part of the V formation for birds. They have a leader at the head of the V formation and there are many followers, which form the flock. The leader drops back into the flock when they become tired. Another bird takes over the lead when this happens in order to continue the momentum.

Building a V formation for your fundraising efforts starts with you, the leader of fundraising. There’s a three step process, which involves meeting with a person you’d like to bring on board. We (SOAR with Network Fundraising) suggest putting the process into three months because it takes time to build relationships but you can change it. Each situation is different.

Month 1: Leader meets with an individual to learn more about them, listens to their ideas, and determines where the organization and individual overlap. In addition, they also share information about the networks where they each belong. This is considered a one to one (“1:1”) networking meeting.

Month 2: Leader supports the individual in ways, which are meaningful for them and adds value to their business or other interests. The Leader determines how this new person likes to be recognized, and provides network leads and opportunities.

Month 3: Leader determines the best way to integrate the new person into the formation as an Advocate and makes the ask with an established role already in mind.

  • People want to know how much time they are committing to you for your V formation
  • They want to know what their job description looks like
  • The biggest and most important thing to remember is that these people are giving of their time to you and to your organization. This is energy they can spend elsewhere – be appreciative

 

 

The 8th thing to do when asking for money!

1.) KNOW the person/organization you’re asking. AND, know why they will say yes when you ask for a donation. Ideas for getting to know them:

  • Invite them to attend activities you’re hosting (when you’re not asking for money or anything else in return) so you can talk and learn
  • Take a genuine interest in the things they do
  • Get involved in things they support
  • Attend something of their choosing

2.) Discover a general overlap of interests. This helps with building lasting relationships. It is always good to focus part of your appointments on a friendly discussion. Ideas:

  • FORM – family, occupation, relationships and mission/message

3.) Avoid boring anyone with information they already know. ASK for perspectives upfront. Find out what is already known and what participants would like to learn. Questions to ask to get clear:

  • What would you like to get from today’s meeting?
  • How would you see me being more involved in your mission?
  • Do you have a specific interest in the mission I’m involved with?

4.) Set an agenda for your meeting. Let anyone involved with the meeting know the meeting’s agenda. Also, ask anyone involved to add items ahead of time. Tips:

  • Set the agenda one week in advance
  • Send the agenda to everyone with a deadline date for adding new items
  • Always have the last section scheduled for new business and setting the next meeting

5.) Determine mutual benefit. Share this when asking for an appointment. What will the attendees gain through your meeting?

6.) ASK for the donation. Realize the benefit of giving to your organization and feel good about someone doing so. When you know why they will say yes it is time to ask.

7.) Thank everyone involved with a phone call and/or hand written note. Respect and appreciate others for the time they give to you.

If we were to add #8 it would be to attach yourself to a system for fundraising. Whether it is one you develop or one you adopt from someone else. A system is the way you implement fundraising. SOAR lays some groundwork below for our system.

Share your message with others.

Offer opportunities for people to be involved with your mission.

Accept the way people want to participate.

Respect and appreciate others.

We also have a networking event, which helps organizations increase their volunteer base, engage people interested in growing the program, and see the benefit for being involved. Want to learn more? See this link.

 

 

Raising Money & Building Networks!

“The more people you know, the more places you’ll go.” Sounds like a familiar quote, right? It’s close but not quite the same as Dr. Seuss (if you’re wondering).

Building networks goes hand in hand with raising money and increasing market share. Take the text literally. The more people you know and share your message with, the more growth you’ll have. NOW, the caveat. There are ways to do this without appearing overt and this is where developing your skill comes in.

“I want what I want, not what I need” may seem familiar if you know the band The Federal Empire. Take this text literally and ask for what’s needed while also giving what’s needed to the person you’re asking. Confused? You’re not alone. What a person needs is not always what they ask for because they ask for what they want, remember? There are ways to get everything sorted out to put yourself on the right path toward achieving fundraising success and asking for what you need. There’s a simple system, which you may not want to do BUT it is what you need to do!

Organizations go through growing pains – that’s right – growth in fundraising through a new system causes the same pain you feel while growing in other ways. The good thing is that it doesn’t last long. The reality is 4 – 8 weeks and then, the process and persistence pays off. It’s happening now. Statistics prove raising money is done through building networks. SOAR is the way to go when you’re ready to fly.

FREE strategy sessions available – Schedule Now – Click Here!

 

 

Learning to Raise Money

How fast are you learning to use social media, hash tags, and your phone for everything?! It’s a necessity when doing business these days. What if your job is raising money? How you use the tools improves your chances for being successful. Learning is education and systems are easy to learn when they are introduced step by step.

At SOAR with Network Fundraising there’s a proven system, which works for raising money in any community. You are encouraged to learn more. And, if you want to talk 1:1 then send an email to iwantto@soarwithnetworkfundraising.com and let us know!

Raise Money Fast

What’s the simple truth? Buy-in! When people believe in what you’re doing and they can see you’re also interested in their mission, it’s win/win.

Raise money fast by putting together opportunities for people to network with each other. Think about it – networking events – they bring people together AND people like them. You’re not asking for anything in return at these events. It is about spreading your word and creating opportunity for your guests so they can also share their message. There’s nothing selfish about it. Open the doors, let everyone share, and open people’s hearts to what you do.

networkingeventadvocatesYou may/may not know how to get started with planning a networking event. Here are some ideas.

  1. Choose a comfortable location where you can have people min n’ mingle in one area while you’re also presenting to a closed group in a different area.
  2. Put together a four-part program where there’s an MC (2 min. intro), a person sharing updates and letting everyone in the room introduce themselves (10 min.), a person or two sharing a story about your organization (4 min. each), and the MC closing out the session. In total, this program is less than 30 minutes.
  3. Group two of your programs, like the one discussed above in #2 around a networking opportunity AKA mix n’ mingle. Basically, program/mix n’ mingle/program. Everyone at the two programs comes together for the mix n’ mingle in the middle, which is the actual networking portion of the event.

When your program is solid and you have processes in place for bringing advocates (volunteers telling people about your mission) on board then you are on track for raising money fast. It all begins with your networking events where people choose to become deeper involved in your mission. THE KEY is to be ready for advocates. Learn more here!