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SEVEN WAYS TO THANK A DONOR
What
is the difference between organizations that acknowledge and recognize
a donor once or twice after a major gift vs. seven times or more?
Thousands and thousands of dollars.
Before you say that you don’t have the time to thank someone seven
times, please know that we do not mean that you, personally, should
call this person that many times. In fact, that might be considered
stalking.
Instead, we want your organization to determine seven high impact, personal
messages of appreciation and forms of recognition for each major donor
that the donor will also value. While this may seem intimidating, think
about the letters, the calls, the listings and updates to the marketing
materials and other tasks that can, and should, be spread among the
entire leadership of the organization – both staff and volunteer.
This is the point where you say, “if you think it is hard for
me to make phone calls and write letters, getting anyone else to do
it will be seven times as hard.” This may be true at first, but
leadership must be invested in the long-term success of the organization,
and there is no better way of nurturing that investment than through
the creation of personal relationships. Creating such long-term relationships,
including establishing a series of ways in which the donor knows that
a gift was greatly valued and enthusiastically appreciated ensures the
development of life-long relationships. Brainstorming to find ways that
the donor can be publicly recognized in a newsletter, signage at an
event and even in your Annual Report, will provide more than just a
way to let people know who has supported you in the past year. It is
a way in which a donor’s peers can see exemplary, generosity that
they would do well to emulate. But, I am getting ahead of myself.
What are the seven ways you can thank a donor?
1 - A personalized thank you note from the person who solicited the
gift.
2 - A personalized thank you from the Chair of the Board on behalf of
the organization.
3 - A personalized thank you note from the Chief Professional Officer.
4 - A personal telephone within 3 days of the gift having been made
from a staff member.
5 - A personal telephone call within 30 days from a member of the board.
6 – An acknowledgement in the newsletter in a section on “Gifts
Received.”
7 - Six months later, a follow up report again thanking the donor for
the gift and telling the donor what has been accomplished with the contribution.
Want more ideas?
8 - List the donor’s name in the Annual Report among all donors
at the same level.
9 – A public display within the organization’s offices and/or
at an event.
Those personalized notes and phone calls only take a few minutes each.
If these letters and phone calls don’t seem to make the top of
the priority list consider some creative ways to make it easier on yourself.
Have an administrative assistant give you an addressed and stamped envelope
along with two pieces of the organization’s stationery. Schedule
a call a day into your calendar as you would if you were to meet with
this person; it is just as important to remember to make the call. Have
a list of calls you can use as a break from the intensity of another
project – knowing you will need a few breaks a day.
Never send a letter with two signatures.
This is one of David Mersky’s pet peeves and with good reason.
A letter with two signatures is impersonal. This person devoted time
to consider your organization - your organization should do the same
in return. Take the extra two minutes and send two letters. It will
create twice the impact, twice the positive impressions on the donor
and, hopefully, twice the donation next year.
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This article is from Resources: The MJA Newsletter.
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