Front page of the Washington Post - Tuesday September 4, 2007 – “Exacting Donors Reshape College Giving” the article shares several examples where current donors have felt in their words BLINDSIDED by major changes in college plans, or in the case of Princeton, a fund set up 46 years ago that the heirs are now stating is not being used for the intent and purpose for which it was originally intended. I won’t even mention the dollars that have been wasted in litigation on both sides!
Why blindsided? Because it appears that these donors were not included in a well thought out cultivation and stewardship plan … that shares the reality we live in today … priorities and times - change needs and focus.
These examples are not unique … despite all the rhetoric, published papers and materials, speeches and conference sessions … some in our industry have forgotten that the donor is the #1 person in the organization. They are far more valuable to you then you are to them! It doesn’t matter if you are a nonprofit, university, hospital or charity … donors are demanding more for their donated dollar … they want ACCOUNTABLILTY.
The article goes on to talk about … “Savvy donors will stop giving if they don’t like the way their money is being used.” It also makes reference to … but not outright mention that dreaded word for all fundraisers “Restricted Funds!”
Organizations must remember that they need to engage donors … get their input … make them a part of the process … and if after all is said and done they still choose not to give … then that is their prerogative … but your institution can feel comforted that you informed your constituents about planned changes and why they are necessary to the continue growth and expansion of your organization.
In other words … build your case for support … not just during campaign time or annual fund time, but everyday through the variety of communication tools at your disposal. In all fairness … there are limitations to how many restrictions can be put on donated funds … but as fundraisers we need to find a way that conveys that to donors and fund investors in an educated and thoughtful manner.
Giving USA has shown us the numbers … $295 billion in donations for 2006 … up a significant amount over 2005. Donors are out there … wanting to support you and your organizations, make them a part of the process and you can continue to reap the rewards.
M. Sue Woodward, CFRE
Mindshare Interactive Campaigns
swoodward@mindshare.net