Have you noticed big capital campaigns in your community that raise millions … even hundreds of millions?
How does it all happen?
How can you pull off big-time results like these for your smaller organization?
Just follow these five secrets of success, and you’ll find those larger gifts start coming your way.
And even if you’re not in a campaign, you can use these five key strategies now, in your everyday fundraising this fall, to bring in the big gifts.
1. Focus on the Right Few
Major gifts always come from a very few people. It makes us laugh when people say, well we raised $xx million, but it was only because of three really big gifts—as though those gifts didn’t count!
The success of capital campaigns is ALWAYS built on a very few lead gifts. And if you don’t take the time to identify those donors and bring them close, you won’t make campaign magic.
Don’t spread yourself too thin, trying to work with a great many donors. If you do, you’ll never develop the strong, deep, meaningful relationships you need with the right few.
Here’s your winning strategy: Narrow down your focus. Spend ample quality time with a few very special people who believe in your cause.
Find out what makes them tick and what they want to do that your organization can help them achieve. Slather attention on those special folks who have deep pockets and are committed to your mission. Listen! And listen to them some more. They want to be partners with you.
The real magic in fundraising comes from a few deep and meaningful relationships. Build them.
2. Tie Your Campaign to Community Benefits
You make campaign magic when you stop talking about your organization and its needs and start focusing on what your community needs.
This is a huge shift of perspective.
And it’s a hard one to nail, because it doesn’t come naturally.
You instinctively talk about the good work your organization does, your grand plans, and what you need to pull them off.
Here’s your winning strategy: Shape your organization’s messages to be about what your community needs, not about what your organization needs.
Your donors will be more interested in you if you show them how their gifts to you serve the greater good.
3. Get Everyone Pulling in the Same Direction
You might try asking them, and facilitating some completely open discussions.
You might be surprised to find that some people either don’t know where your organization is headed or don’t agree with the direction.
Only when everyone pulls in the same direction will you make fundraising magic. If your board is not on board, the negative undercurrent will hold you back.
Check to find out if everyone is on board. You may find that you need some good old-fashioned conflict resolution before courting major donors.
Here’s your winning strategy: Spend the time and energy to make sure that all of your insiders enthusiastically buy into your vision.
When your board members talk about your vision and plan, not only do they become clear on the direction forward but they start figuring out why and at what level they should support that vision.
Don’t miss that step. Without a shared vision, there’s no energy to harness.
And no energy, no magic.
4. Train People to Ask
You were probably pretty good at asking for what you wanted when you were three years old. Remember then? Not much finesse, but no hesitation, either.
But now that you’ve grown up, it’s so very much harder, particularly when what you are asking for is money—the great taboo.
Few people are natural askers. But anyone CAN learn to ask for gifts, though that doesn’t happen by reading an instruction manual on asking.
People master a skill by learning the basics and then practicing. And asking is a skill.
Your winning strategy: When your folks are ready (and they have to be ready!), be sure to give them good hands-on training in asking.
And once your people have mastered the basics, practice with them. Pair them with experienced askers. Role-play. Use a portion of every board meeting for a little exercise about asking.
Great magic appears effortless, and that remarkable sense of ease is always the result of practice. Lots of it!
5. Set a Dollar Goal and Put It Up against a Deadline
In fact, goals and deadlines are what get people pulling in the same direction at the same time. They create the energy you need to get everyone inspired.
Without them, you’ll have no sense of accomplishment, no celebration, and NO MAGIC.
Here’s your winning strategy: Find the courage to set measurable goals and a realistic timeline. Then stick to them. Unless, of course, your fundraising magic is so powerful that you decide to raise the goal.
Can You Make Campaign Magic?
You bet. Just focus on the few, frame your need in terms of community benefits, line up your troops facing forward, train people to ask, and have the courage to stand behind a dollar goal and a deadline.
For the SECRETS to capital campaign success, check out the new blog that I’ve created with campaign guru Andrea Kihlstedt. We are revealing the secrets – and want to share them with YOU! http://capitalcampaignmagic.com
Were these tips helpful?
Can you use them today in your year-end campaign?
Leave me a comment and let me know!