Friday update: Giving Days and #GivingTuesday

Here are some great stories about Giving Tuesday and recent giving days, and a webinar about our groundbreaking Giving Day Index.

From around the web:

Spotlight: Watch this Giving Day Success Webinar

If you’re reading about all the recent giving day success and want to get your program in the game, check out this webinar which reviews over $30M in giving day results to explore best practices. And drop us a line to help take your Giving Day to the next level with RNL Giving Days powered by the ScaleFunder platform.

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Friday update: year end fundraising appeals, and the best of 2017

Here are some great stories about year end fundraising

From around the web:

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Spotlight: RNL Year in Review Webinar

What happens when you talk with over 3,000 fundraisers and review $1.6B in fundraising results? One great year for RNL research!

Tuesday, December 12 | 2-3pm Eastern

Even though overall giving is up, fundraisers still face serious challenges. Donor counts remain down for many institutions, and many fundraising leaders are looking for new ways to engage their donors and channel their philanthropic spirit back to their institution.

Join us for this webinar to hear how you can meet these challenges. We’ll review the best research from our 2017 archive on emerging trends and tactics, which includes insights from over 3,000 fundraisers. You’ll leave with new ideas to boost your fundraising results in 2018. Register Now >>>

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Friday Update: Giving Tuesday

Here are some great stories about this week’s Giving Tuesday results.

From around the web:

Spotlight: Giving Day Success Webinar

Do you want to have the Giving Day and Giving Tuesday success others are experiencing? How do you plan, run, and make the most of a 24-hour giving event for your institution?

Tuesday, December 5 | 2PM ET

Join us for this free webinar to find out what we learned from analyzing over $37 million in giving day donations. Our researchers studied giving day averages, including total dollars, online giving, and number of gifts to unearth the common qualities of top giving days. Register today >>

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New survey: Global donors want fundraising personalization

Accenture, the global consulting giant, recently released the 2017 Non-Profit Public Citizen’s survey. Speaking with donors across six nations, the company confirmed some things we’ve been talking about here at RNL, especially regarding fundraising personalization:

“What do people want from their nonprofits? We asked people across six countries: Australia, France, Germany, Singapore, UK, and USA. Specifically constituents told us that they are open to nonprofit innovation, think that nonprofits can do more digitally, and most importantly that they are willing to give MORE for increased personalization.”

Six in ten respondents think that nonprofits should use more digital technology. Less than half are satisfied with the fundraising personalization they are receiving from causes they support.

You can check out the survey overview here.

Fundraising personalization study

From Accenture’s 2017 study.

Digital expert Caryn Stein from RNL recently gave a webinar on how fundraising personalization is the key to engaging 21st century donors. You can view a recording here:

If you’re ready to take your fundraising in a more personal and digitally connected direction, set up a meeting with our fundraising strategists. We can discuss how you can create in with donors in ways that engage their passions and retain their interest.

Major Gifts + Giving Days = Win, even on #GivingTuesday

#GivingTuesday can be a catalyst for major givingHappy #GivingTuesday, fellow fundraisers! This year seems like it will be another record-setting event, with charities around the world receiving a ton of support as we move further into the holiday season.

A whole lot of this giving is boosted and amplified by major giving. In fact, in our recent study of 47 giving days totaling $37M in donations, we found that online giving drives the bulk of individual donations, but offline giving such as major gifts, challenges and matches made up over two-thirds of the total funds.

Why does this work? The first reason is that matches and challenges are a time-tested way to get people on the “bandwagon” and give them a sense that even though their gift is smaller, they are part of something bigger. Secondly, competitions between academic areas, groups of alumni, even states and regions “gamify” giving and just make it more exciting. Here are just a few examples from today’s #GivingTuesday of institutions using the RNL Giving Day Platform:

It takes two key things to make this effective donor motivation strategy work on a giving day:

  1. The right technology to offer the incentives and show donors a growing total.
  2. Strong relationships with your major and planned giving team who are most likely to find the big donors who can showcase a gift on your giving day.

As you plan for next year’s #GivingTuesday, or your special giving day, make both a priority.

We’ll be covering these key tactics, and how you can use giving days as a 365-day, full-team strategy, in our upcoming webinar on December 5. Register now to find out how to bring your giving day to the next level.

 

#GivingTuesday and giving days: free webinar

What if college football was decided by alumni giving?

What if college football rankings were determined by alumni giving?The first College Football Playoff (CFP) rankings of 2017 were released recently, and we’ve already had some crazy weekends that stirred up the standings. Because we are both sports fans and alumni giving geeks, we are once again using fundraising data to answer a sports question: what if college football was all decided by alumni giving?

We applied the same methodology as our 2017 March (Alumni Giving Madness) tournament, using the first 25 ranked football programs from the initial CFP rankings as the group. The teams were ranked based on these criteria in a weighted simulator:

  • (25%) Overall team strength: the 2016 alumni participation figure reported to the VSE Survey.
  • (20%) Upward momentum: the increase or decline in alumni donor count from 2015 to 2016.
  • (20%) Recruiting strength and past performance: The total increase or decline in alumni donors between 2007 and 2016.
  • (20%) A strong bench of dedicated team members: The total alumni giving in dollars divided by the alumni of record over the last three fiscal years (2014-16).
  • (10%) Getting a touchdown pass (gift) off: Our team of expert referees weighed in on a comparison between the institutions’ online giving presence, including ease of online giving, giving day portal (if any), and crowdfunding. They graded how easy it was for an alumnus to “make a pass”/make a gift.
  • (5%) Pure luck: Our simulator assigns a small portion of each team’s score to a random factor.

When I fed the data into the simulator for these 25 schools, I saw many of the same things we noticed during our March (Alumni Giving Madness) tournament: a few close calls and several institutions moving up because of recent successes. And the subjective components and random number did affect a few institutions’ ranks. Institutions that raise a very high amount of money per living alumnus continue to dominate, especially if they have had recent alumni donor growth.

College Football Playoff rankings (initial 25 teams) as decided by alumni giving

1. University of Southern California

2. Ohio State University

3. University of Notre Dame

4. Stanford University

5. University of Washington

6. Auburn University

7. University of Georgia

8. Clemson University

9. Washington State University

10. Mississippi State University

11. Texas Christian University

12. Louisiana State University

13. University of Memphis

14. University of Miami

15. University of Wisconsin

16. Michigan State University

17. University of Oklahoma

18. University of Alabama

19. Oklahoma State University

20. University of Arizona

21. Penn State University

22. University of Central Florida

23. North Carolina State University

24. Virginia Tech

25. Iowa State University

These 25 institutions all have a lot to be proud of. Alumni combined to give more than $3.7 billion to these institutions from 2014-2016. And not surprisingly, these institutions have alumni giving participation percentages higher than the national average.

A huge portion of philanthropy to colleges and universities comes from alumni. And because about three quarters of big donors give multiple times to the annual giving program before making their first big gift, your alumni giving pipeline could greatly impact your future success. Good coaches know the importance of recruiting.

How can you put together a great alumni giving strategy?

Talk with us about how you can take your alumni giving to the next level. We’ve got a great win record, and we’ll work with you to put together the right strategy.

Thanks to RNL contributor Brandon Trissler for help on this post.

Media Coverage of our Digital and Millennial Fundraising Report

Our recently released Advancement Leaders Speak survey report on digital engagement tactics and young alumni trends is getting attention. Check out these articles:

In the report, we outline who’s using what to connect with donors digitally, as well as common successes and frustrations of fundraisers.

Download the full report today to find out how fundraising programs are using emerging digital technologies and how they feel about their connection to young alumni and donors.

Check out the podcast to get the highlights of the report:

And, check out this Inside Higher Ed piece about mega-campaigns and our insights:

If you’d like to take your digital engagement to the next level, drop us a line. We’re ready to help.

Friday update: major gift officers

Here are some great stories about maximizing results for major gift officers.

From around the web:

Spotlight: The best major gift officers

Tuesday, November 14th | 3pm ET

Colleges and universities are relying on their gift officer teams more than ever to fund their institution’s operation and growth. What are the best ways to navigate a more challenging fundraising environment to build relationships with major donors and planned giving prospects to book more big gifts?

The experts from Advancement Resources share the secrets of the most successful major gift officers and which skills they have in common in this upcoming webinar. Register today >>

Infographic: Digital Engagement

How are you engaging donors digitally? Interested in how your young alumni/young donor program compares? Check out our recently released survey report. It includes information about how many of your peers are using emerging tactics like crowdfunding, giving days, and targeted digital advertising to engage all of their donors.

Here are some highlights:

The survey tells us that digital engagement is highly valued by fundraisers for engaging new donors in particular–but we haven’t yet tapped its full potential.

Download the full report now to find out more.

We’re out to reinvent fundraising here at RNL, and if you would like to take your digital engagement to the next level with a platform of highly personalized engagement tools, drop us a line.

How does your digital and young alumni donor engagement compare?

What’s working today in digital fundraising and Millennial donor engagement?

Download our latest research, Advancement Leaders Speak 2017: Digital Tactics and Young Alumni Engagement Strategies.

This report examines the use of emerging digital tactics by today’s fundraisers, along with how they are engaging Millennials and other young alumni. Key findings include:

  • Few institutions are deploying coordinated and personalized campaigns dedicated to young alumni
  • 81% of higher education fundraisers in the study solicited young alumni within one year of graduation, after an average of only three engagement communications
  • Only 3% of respondents reported personalizing their messaging based on recent online activity from the donor

You can also check out the podcast where Caryn Stein and I go through the report’s key takeaways from the survey:

Participate in our annual giving survey – receive an Amazon gift card

Annual Giving Multichannel Best Practices Survey

We’d like to hear your opinions about annual giving best practices. Please complete our brief survey, which covers topics including solicitation practices and multichannel donor engagement. The survey should take 15 minutes or less of your time.

Your responses are anonymous and will be compiled in an upcoming report on Annual Giving Best Practices. All participants will receive a complimentary early access copy of the research.

To thank you for your time, the first 50 survey respondents to this blog invitation will receive a $15 Amazon gift card via email.

This survey will help us complete Part 5 of “Advancement Leaders Speak,” the cornerstone of RNL’s fundraising research agenda this year.

Check out our previous research in this series:

Advancement Leaders Speak: In-depth interviews with 40 chief advancement officers

Advancement Leaders Speak: Major and Planned Giving productivity

Advancement Leaders Speak: Annual Giving Priorities

Coming Soon: Advancement Leaders Speak about Digital and Young Alumni Engagement

Friday update: speak, advancement leaders!

Here are some great stories about how fundraisers are doing — and thinking about, their jobs.

From around the web:

Spotlight: What Advancement Leaders Really Think

What is the real future of fundraising? How can colleges and universities meet the current challenges and future opportunities to increase participation, retain donors, and raise more money—all while increasing productivity, efficiency, and return on investment?

Join us for this free webinar on Tuesday, October 17 to discover the top goals for today’s advancement leaders and the best strategies for reaching them.

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