FundRaising Success

You will be automatically redirected to fundraisingsuccessmag in 20 seconds.
Skip this advertisement.

Advertisement
Advertisement
 
 

To the Point: Be Generous to Inspire Generosity

What a double espresso says about human behavior and donor loyalty.

December 2009 By Katya Andresen
1
Get the Flash Player to see this rotator.
 

2. Give thanks. Spend a lot more time thanking donors and reporting on their impact than asking them for more money. Make them feel treasured rather than going after their treasures. I've said it before, and I'll say it again: The No. 1 reason donors quit supporting an organization is how they were treated by the organization. They hate too many appeals, not enough thanks and a lack of information on impact.

3. Give credit. It's not enough to be grateful. Give your donors the credit for everything you do. Don't say, "With your donation, we did xyz;" say, "You did xyz." Don't say, "We're so great;" say, "You're so great." Tell your donors they are doing good works every day of the week through their support of you. This turns donors into owners of your mission, and you can't get more powerful than that.

So back to the Ukrainian waiter. He was looking at the customer as someone who was costing the hotel money and therefore should be squeezed for every dime. We tend to look at donors in a similar way. We think donors are people from whom to extract value. That is wrong. We should instead show them value, over and over, and the money will follow. Have you heard the expression you should do what you love and the money will follow? In this case, you should give love (and appreciation), and the money will follow.

And in that spirit of generosity, thank you. Your work this year made the world a better place, and I'm honored to have the opportunity to praise you for it. Would you like a double espresso? You sure deserve it.

Katya Andresen ?is chief operating officer at Network for Good. Reach her at katya.andresen@networkforgood.org 


 

Companies Mentioned:

1

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments:
Matt Bregman - Posted on December 13, 2009
Well said -- we fundraisers need to remind ourselves of this repeatedly.

In some ways, I think this has to do with the psychology of gift giving vs. the psychology of commercial transactions.

We're all inclined to be generous when we give gifts to friends we care about. But we may become frugal when we are engaged in a business transaction.

If we are generous with our gifts to our donors (which may include thank you notes, crediting, invitations to events, complimentary publications, etc.) they will usually be generous with their gifts to us. If we treat everything like a business transaction, and extract maximum value each time, we shouldn't be surprised when our donors do the same.

Thanks again.

Matt
Click here to view archived comments...
Archived Comments:
Matt Bregman - Posted on December 13, 2009
Well said -- we fundraisers need to remind ourselves of this repeatedly.

In some ways, I think this has to do with the psychology of gift giving vs. the psychology of commercial transactions.

We're all inclined to be generous when we give gifts to friends we care about. But we may become frugal when we are engaged in a business transaction.

If we are generous with our gifts to our donors (which may include thank you notes, crediting, invitations to events, complimentary publications, etc.) they will usually be generous with their gifts to us. If we treat everything like a business transaction, and extract maximum value each time, we shouldn't be surprised when our donors do the same.

Thanks again.

Matt