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Learn valuable tips for asking for money, finding donors, and steps for successful fundraising. Identify donor sources, establish rapport, prove your viability, and ask effectively. Practical exercises included.
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MAKING THE ASK Fundraising The National Democratic Institute
WELCOME • Introductions • Ground rules • Ice breaker exercise
OBJECTIVES • To provide tips for asking for money • To understand who gives and why, and where to find donors for your campaign • To understand the steps involved in asking for money
MODULE TOPICS • How to find donors • Asking for money Photo: National Democratic Institute
HOW TO FIND DONORS • Family and friends • Materials to Review • Holiday card list • Professional circles • Club memberships • Connections on social media
HOW TO FIND DONORS • Ideological Circles • Materials to Review • “Sister” organizations of those you belong to • Board of Directors of groups aligned with your principles
HOW TO FIND DONORS • Ax-to-Grind • Research • Power Circles • Key Businesses • Community Leaders
ASKING FOR MONEY Remember: political fundraising is not charity, donors want to help you and will benefit from your campaign Photo: National Democratic Institute
ESTABLISH RAPPORT • Do not begin with “I am running for...” • Make the conversation about them • “You were so helpful in my last race” • “Sam Smith suggested I call you”
TELL THEM HOW THEY BENEFIT • Circles of Benefit • Personal Love you • Ideological Share values • Ax-to-grind You not them • Power I’m going to win
EXERCISE: ESTABLISHING RAPPORT • Establish rapport • Write a short pitch describing your background and why you’re running • For each ‘circle of benefit’, say why a donor from that circle will benefit from your victory
PROVE YOU CAN WIN • Numbers matter • Factors that demonstrate viability • Amount of money raised • Endorsements • Press clips • Voting statistics for your district
ASK AND BE SPECIFIC • Tell donor what their support will enable you to do • Ask for a specific amount of money • Give a specific deadline
LISTEN • Once you’ve made the ask, wait for the donor to respond • If yes, make • arrangements to collect • If maybe, provide • more information • If no, ask why? Photo: PublicDomainPictures
FOLLOW UP • Thank the donor • Ask again!!! Photo: National Democratic Institute
EXERCISE: MAKING THE ASK • In pairs, practice this process as if you were a candidate calling a donor. • Use your prepared pitch and have your ‘donor’ reply in 3 different ways: yes, maybe and no.
CONCLUSION • Donors want to help you and will benefitfrom your campaign • Don’t be afraid of asking for money • Be specificandfollow up • Questions? • Feedback?