Advice from a fundraising professional on how to build donor loyalty
In case you haven’t heard, DonorDreams blog is hosting for the second year in a row the Nonprofit Blog Carnival in the month of May. This year’s theme revolves around building loyalty among various non-profit stakeholder groups such as donors, employees, volunteers, etc. If you are a blogger and looking for the “Call for Submissions,” then click here. The carnival will be posted right here at DonorDreams blog on Wednesday, May 28, 2014(aka tomorrow). Stay tuned!
In the interest of building momentum, we’ve dedicated the entire month of blog posts to this topic. We’re specifically focusing on what a variety of non-profit organizations are doing (or are looking at doing) to build loyalty.
When I decided to ask local non-profit organizations to use my blog platform to talk about some aspect of building loyalty with a particular stakeholder group, I sent out a ton of email and social media requests to former clients and friends asking them to consent to an interview or send me something in writing.
The following is something I received from a former co-worker who currently works as the Vice President of Development at Glenwood Academy. Her name is Michele Wysoglad and she talks about their experiences with building donor loyalty.
“Loyalty is grown through being good stewards of the organization’s mission. If the mission/strategic objectives of the non-profit is not being fulfilled then loyalty is tested. The Board, donors, staff, etc. may question their involvement and loyalty to the institution.
One of the ways we develop a loyalty strategy (even though we have a faithful group of donors) is by providing good stewardship through information sharing on a regular basis.
Communication touch points through a stewardship plan is key but so is sharing how we are being good stewards of their dollars through face-to-face interactions and calls.
Providing high-quality data and testimonials are also ways to retain and increase the loyalty of all constituents.”
If you are looking for online resources on how to improve or refresh your donor stewardship strategies and tactics, then you may want to investigate some of these online resources:
- Philanthropy for All: “21 Ideas to Refresh Your Donor Stewardship“
- Stay Classy blog: “Donor Stewardship: How to Stop Losing Your Donors“
- [eBook] Blackbaud: “Cultivating Lifelong Donors: Stewardship and the Fundraising Pyramid“
- Association of Donor Relations Professionals: “Donor Relations and Stewardship Defined“
- Adrian Sargeant & Prof. Robert Hartsook, Indiana University: “Donor Retention: What Do We Know and What Can We Do About It?“
If you want to learn more about what other non-profit organizations are doing to build loyalty among various stakeholder groups (e.g. donors, employees, volunteers, etc), then tune in here to DonorDreams blog every Tuesday and Thursday throughout the month of May. We will also publish the Nonprofit Blog Carnival on May 28, 2014 (aka tomorrow) with a number of links to other non-profit bloggers who are talking about loyalty related themes.
Here’s to your health!
Founder & President, The Healthy Non-Profit LLC
Posted on May 27, 2014, in Fundraising, nonprofit, resource development and tagged donor loyalty, fundraising, loyalty, nonprofit, philanthropy, resource development, stewardship. Bookmark the permalink. 1 Comment.