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PROSPECTING AND CULTIVATION. Part 1: Who will support your mission?. Ann Charles Watts, CFRE Organizational Development Consultant—Resource Development Habitat for Humanity International 800-422-4828 x 5265 acwatts@habitat.org.
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PROSPECTING AND CULTIVATION Part 1: Who will support your mission? Ann Charles Watts, CFRE Organizational Development Consultant—Resource Development Habitat for Humanity International 800-422-4828 x 5265 acwatts@habitat.org
What, specifically, do you hope to take away from this session?
Prospect Research & Identification Raise Awareness Develop Case Basic Fundraising Cycle Cultivate & Consult Steward Solicit
Donor Pyramid Planned Gift Donors Capital Campaign Donors Major Donors Upgraded Donors First-time Donors Universe of Prospects
Prospect Research & Identification Raise Awareness Develop Case Planned Gift Donors Capital Campaign Donors Major Donors Cultivate & Consult Steward Upgraded Donors First-time Donors Universe of Prospects Solicit
Repeatedly asking a donor for gifts without taking them through the full fundraising cycle causes: • Fatigue • Isolation • Attrition
Instead, invite the donor to join you on the affiliate’s journey, and witness what happens when you work in partnership with one another.
Who are our affiliate’s the best prospects? Our Donors (and volunteers)
Understanding a donor’s motivation for giving will help you keep them coming back. Why do your donors give to you? How are churches and corporations different from individual donors? How are they the same?
Prospect Rating Made Easy There are many ways to rate prospects. Some affiliates hire firms to do it for them. Others do it themselves. One simple scoring method is. . . Frequency Recency Monetary
Where to Find New Donors Linkage Ability Interest What does it mean to have a linkage? What is ability and how do we know if a prospect has it? How can we determine interest?
PROSPECTING AND CULTIVATION Part 2: How will you get the most from your donors? Ann Charles Watts, CFRE Organizational Development Consultant—Resource Development Habitat for Humanity International 800-422-4828 x 5265 acwatts@habitat.org
As fundraisers, we’re seeking partners to make the world a better place!
How do we see our donors? Think of them in terms of their money, and we won’t keep either for very long.
Listen to them. Get to know them personally. Consider them (not their money) valuable partners in the mission, and we’ll do great things together for the cause!
Give donors what they want • Prompt, personalized acknowledgement of their gifts • Confirmation that their gifts have been set to work as intended • Measurable results on their gifts at work prior to being asked for another contribution - Penelope Burk
Saying Thank You What are some of the ways you say “Thank You” at your affiliate? Ready for a little friendly competition?
If it matters, it MEASURES! What do you measure when it comes to fundraising?
PROSPECTING AND CULTIVATION Ann Charles Watts, CFRE Organizational Development Consultant—Resource Development Habitat for Humanity International 800-422-4828 x 5265 acwatts@habitat.org