By Avrum Lapin Nonprofits are always “on the hunt” for new donors and new sources of support. In recent years, Giving Circles have grown in prominence and significance in the philanthropic landscape. Currently, there are about 1,087 independent giving circles in the US, triple the numbers of these groups in 2007. The rise can be attributed, at least partially, to donors’ strategic shift from broad based giving to more strategic thinking to … [Read more...] about Giving Circles Make Giving Accessible
By Avrum Lapin
Expressing gratitude for a gift is not simply just a tax requirement, it is wonderful opportunity to engage donors and stakeholders and to build relationships. Saying “thank you” and sincerely showing appreciation is essential to the stewardship process. There is a good chance that most organizations have a standard thank you note that is generated upon recipient of a gift that acknowledges the donation, and is used for tax … [Read more...] about Appreciation Leads to Retention:
7 Creative Ways to Express Gratitude to Donors
By Avrum Lapin When we engage with new clients, we always begin with the imperative - up front and with clarity - that in order for the campaign or fundraising project to be successful, 100% board participation is required. Board members, as the legal stewards of the organization, must lead by example. The impact of board members’ participation goes well beyond the individual donations themselves. Nonprofit organizations rely on their … [Read more...] about “Skin in the Game” and the Importance of Board Giving
By Avrum Lapin
One of the often heard hesitations among nonprofit boards and professional leadership is the fear that a capital campaign will compete with and ultimately erode annual giving. More times than not, when leaders discuss the need to launch a capital campaign, these questions arise. Will embarking on a capital campaign negatively impact our ability to obtain the funds that the organization needs to operate? Will a capital campaign … [Read more...] about Overheard… Competing Against Ourselves?
Will Our Capital Campaign Endanger Annual Giving?
Second in a Two-Part Series (you can read part 1 here) By Avrum Lapin Successful nonprofits are, by definition, mission driven. Mission creep can be gradual, an erosion over time of a nonprofit’s core, slowly drifting away. Or it can be a dramatic shift that occurs with a change in leadership or the acceptance of a new major gift. It often well-intentioned, as it can come from a desire and passion to serve more people or to expand the … [Read more...] about Mission Creep: It’s in the House… What do we do?