Skip to main content

Posts

Showing posts with the label fund raising

How to Get Fundraising Ideas, Part 3

This fundraising post is about creative thinking, as we usually think of it. Last time I wrote about a systematic way to explore different elements of fundraising in a search for new ideas. This post is about an intuitive technique for creating ideas by using random concepts to spark new thinking about fundraising. New ideas are often just concepts taken from another field and adapted to fit. The concept of a library has been extended to garden tools. You can lease a washer and drier in Europe, now or pretty soon. With those two examples in mind, take a few minutes to examine this list of concepts: Coupon Vending machine Clearance sale Holiday sale Product recommendations (People who bought X also enjoyed Y) Layaway Buy One Get One (free, half off, et cetera) Lease Deposits Refer-a-friend Credit Renting Sharing (bikes, cars) Fractional ownership Think about a specific fundraising challenge your organization is facing and take another look at the list. Try working w...

Fundraising Questions That Work

This post contains yet another tool for creative thinking about fundraising. I hope you’ve read my most recent posts on that same topic. While this post will stand on its own, the other posts will just add arrows to your quiver. I’ve been writing about tricks I picked up in a book called Thinkertoys: A Handbook of Business Creativity for the 90s by Michael Michalko. This is another post in the same series. Asking questions about a fundraising challenge can lead to new ways to think about fundraising. Let’s assume for the sake of discussion we’ll assume the challenge relates to fundraising. I’ll offer an example as I explain the steps: 1. Specify your challenge – “In what ways might we raise the operating funds we need?” (You don’t have to be quite that precise, but that question is one I know comes up in the nonprofit world, so there it is.) 2. List “what if” scenarios – Usually these scenarios are phrased as questions but that’s not truly necessary. Here are some scenarios to...

How to End Fundraising Worries Forever

Development, mostly in the guise of fundraising, ends up consuming lots of staff time and money. Fundraisers often come up short on donations, grants, and in-kind contributions. Often the shortfall is minor, but sometimes the deficits are serious enough to reduce the organization's effectiveness. Some lateral thinking might be the key to avoiding those chronic funding challenges. What can be done? Plenty of options exist. Hiring fundraising consultants or recruiting more volunteer fundraisers constitute two popular options. This post is simply a call for more flexibility in thinking about what your organization needs and how to get it. When it comes to ending fundraising worries forever, there are three basic approaches: 1. Develop a reliable system for generating more donations. 2. Cut costs. 3. Find new ways to secure resources. Option #3 offers the most room for innovation, so that will be the focus here. (I'll come back to 1 and 2 in future posts, as lateral think...

A New Fundraising Strategy

As I am trying to promote a systematic (scientific?) approach to addressing the challenges that activists and nonprofits face, fundraising seems like a fit topic to address. Every organization has a fundraising plan of some sort. Each plan includes one or more tactics for getting money or in-kind contributions. The whole process should begin with a formal accounting of what you have and what you need to reach your goals. Try listing them on one sheet of paper divided into two columns. List assets on the right and needs on the left. Start with money, but add equipment, credit, and skills too. Yes, list skills as an asset here because those skills could be turned into money later. Who is your audience? List, on another sheet of paper, who you could approach for support and what they may want or need. Be sure you can also name the benefits you provide the community. People want to feel like their money will accomplish something useful. Write down the benefits of giving and the reasons...

Communication Plans for 2013

Read Nancy Schwartz's Getting Attention blog post on nonprofit marketing trends you should be paying attention to. This post is about three of those trends and my thoughts on them. I hope you get some good ideas... 1. Social Media Marketing All content and activity needs to be shared using sites like Facebook and Twitter. If you don't have a social media strategy, 2013 is the time to start using social media for marketing. Are you as an organization, on the same social media platforms your audience uses? Are individual staff, especially in develop and communication, using the appropriate social media channels to connect with people? If not, consider adding that activity to your 2013 communication plan. 2. Email Marketing Email is not dead.   Use it regularly to share news, get people involved in your events, and to ask for money. Focus on providing information. Only throw out the occasional fundraising appeal. You can, of course, put a brief appeal for donations...

Vending Machines and Nonprofit Marketing

Getting attention for your organization of for a cause. You can use the usual methods - Facebook, events, Web site updates, blogging, radio and magazine ads, et cetera. But, what do you say exactly? How can you afford magazine and radio advertising? This time I want to just share a simple way to come up with new marketing ideas, and illustrate how it works. I've written before about using a technique called random input to generate new marketing ideas. To review, random imput requires you to state a creative thinking challenge, select an object or activity at random, then compare the two things. Hopefully, reflecting on the random object will give you a new and (potentially) useful idea. This is a post about nonprofit marketing so it should be easy to guess what's coming next. Say you have a small charity that exists primarily to help other anti-poverty organizations raise money and get attention for their specific causes. The challenge you set yourself is this: "H...

Some Final (for now) Fundraising Thoughts

This is just about my last post on fundraising, for now at least. I’ve previously written 16 or 17 posts on raising money, getting in-kind contributions, and planning fundraising events. Before I move on to talk about, something to be determined tomorrow, I want to offer some closing remarks “creative fundraising” practices. 1. Use more than one technique to get ideas. Try using an intuitive method to get ideas plus one that requires logic and structure. I described those methods in previous posts, and referenced two of my favorite books: Thinkertoys (Michael Michalko) and Serious Creativity (De Bono). 2. Review the brainstorming techniques I’ve described and then go on to #3 on this list. 3. Take a few minutes for each of these challenges: • Finding new ways to attract donations • Develop a method to attract major donors • Devise a way to solicit more in-kind contributions 4. Work on yet another fundraising challenge that’s specific to your organization. 5. Review you...

A Few More Thoughts on Fundraising

This is really a two-part post because I want to talk about yet another way to get fundraising ideas, a method that’s really too simple to need a whole post. You’ll need to spend some time evaluating and refining those ideas. You will almost always need to refine or modify the idea in some way before you can use it. A quick look may reveal that some ideas are illegal, ethically dubious, or not practical for some other reason. You may want to ignore the impractical ideas and look for something that seems more promising. Now, let’s get back to that simple fundraising idea generator. This technique takes only five or six minutes and is almost certain to produce something you can use. That “something” is probably an idea that can be refined rather than some fundraising event you could go and set up tomorrow. The technique is this: Simply decide to concentrate on a specific challenge for five minutes. You might not get anywhere by thinking about fundraising for example. Focus on somethi...

Fundraising Questions That Work

This post contains yet another tool for creative thinking about fundraising. I hope you’ve read my most recent posts on that same topic. While this post will stand on its own, the other posts will just add arrows to your quiver. I’ve been writing about tricks I picked up in a book called Thinkertoys: A Handbook of Business Creativity for the 90s by Michael Michalko. This is another post in the same series. Asking questions about a fundraising challenge can lead to new ways to think about fundraising. Let’s assume for the sake of discussion we’ll assume the challenge relates to fundraising. I’ll offer an example as I explain the steps: 1. Specify your challenge – “In what ways might we raise the operating funds we need?” (You don’t have to be quite that precise, but that question is one I know comes up in the nonprofit world, so there it is.) 2. List “what if” scenarios – Usually these scenarios are phrased as questions but that’s not truly necessary. Here are some scenarios to consid...

How to Get Fundraising Ideas, Part 4

This post introduces another brainstorming tool that nonprofits can use to get fundraising ideas. This technique comes from Thinkertoys , by Michael Michalko. You can read the full description there, but this post should offer enough detail to use the technique. Michalko describes the technique in a chapter called “Rattlesnakes and Roses” but you can call the technique what It really is – the use of analogies. By comparing fundraising to an activity in the business world, you might come up with a new way to meet your organization’s financial needs. Here are the steps to using analogies to get new fundraising ideas: 1. State your challenge. Be specific. “Raise money” is not as good as “Raise more money using our Web site.” 2. Extract a key word or phrase from the challenge. “Using our Web site” is a sensible focus for this example. 3. Choose a comparison. Go for a parallel field that’s vastly different from yours. Public education is not a good parallel for nonprofits. Social work is ...

How to Get Fundraising Ideas, Part 3

This fundraising post is about creative thinking, as we usually think of it. Last time I wrote about a systematic way to explore different elements of fundraising in a search for new ideas. This post is about an intuitive technique for creating ideas by using random concepts to spark new thinking about fundraising. New ideas are often just concepts taken from another field and adapted to fit. The concept of a library has been extended to garden tools. You can lease a washer and drier in Europe, now or pretty soon. With those two examples in mind, take a few minutes to examine this list of concepts: Coupon Vending machine Clearance sale Holiday sale Product recommendations (People who bought X also enjoyed Y) Layaway Buy One Get One (free, half off, et cetera) Lease Deposits Refer-a-friend Credit Renting Sharing (bikes, cars) Fractional ownership Think about a specific fundraising challenge your organization is facing and take another look at the list. Try working with each concept in ...

How to Get Fundraising Ideas, Part 1

Fundraising too often falls back on conventional ideas. You can send out a fundraising letter, or put a donation button on your Web site, or have a bake sale. A relatively ambitious organization might solicit donations for a silent auction or even start selling something. Brainstorming could yield some interesting new fundraising ideas. Brainstorming may be unstructured – (“Let’s look for some new ideas.”) or a formalized search for new ways to raise money. This post is about one of those formalized brainstorming techniques. In Thinkertoys , Michael Michalko writes about something called an Idea Grid. You can consult Thinkertoys for a detailed explanation but I hope that my brief introduction here gives you enough to work with. So, the first step in creating an Idea Grid is to create, well, you create a grid with four quadrants labeled High Involvement, Low Involvement, Think, and Feel. High Involvement represents expensive products like cars and boats. Low Involvement represents che...

Brainstorming for Fundraising Success

Looking for opportunities to raise more money or just to use your fundraising resources more efficiently? This post is another of a series on brainstorming and fundraising. You need three things to think creatively about fundraising. Openness to new ways of thinking is a requirement. Attitude matters in creative thinking, so you need to be positive and nonjudgmental. You also need to be familiar with one or more brainstorming tools. In recent posts I’ve described some brainstorming tools created by Edward De Bono and described in various books of his. In those posts I referred to using random ideas or objects to spark new ideas. In this post I will rely on a fantasy question, a provocation in De Bono’s terms, as a starting point. Consider this fantasy question: What if every donor supported 1000 charities? That question can potentially spark new ideas, if examined in the right way. De Bono writes about several ways of creating movement from a provocation like that question. I’ll qui...