The post Six Markers of Philanthropy appeared first on Bloomerang.
This article originally appeared in Bloomerang. See the original article here.
The post Six Markers of Philanthropy appeared first on Bloomerang.
This article originally appeared in Bloomerang. See the original article here.
Since 2013, the AmazonSmile program has provided shoppers with an easy way to donate to nonprofits like yours. When Amazon customers purchased a qualifying item, the AmazonSmile Foundation donated 0.5% of the purchase price at no additional cost to the customer.
Recently, Amazon announced that it plans to end the AmazonSmile Program, with February 20 of this year being marked as the estimated closure date.
If you work for a nonprofit that received funds from the AmazonSmile program and you’re worried about how this affects your digital fundraising efforts, you’re not alone. Many fundraisers are wondering about what this announcement means for the future in terms of the ability to receive support from Amazon customers.
In this post, you’ll find more information about AmazonSmile’s closure and what you should do now to make up for the loss of the funds you received through the program.
According to Amazon, the program has not grown enough to create the impact that the company initially intended.
Amazon plans to end the AmazonSmile program on February 20, 2023.
In the announcement email, Amazon committed to making a one-time donation to each nonprofit registered in the AmazonSmile program. Your organization should receive a donation equal to three months’ worth of donations your nonprofit received through AmazonSmile in 2022.
Additionally, your nonprofit will receive all donations made through the AmazonSmile program’s closure until February 20.
Opportunities still exist to receive support through Amazon. For example, you can create an Amazon Wishlist and ask Amazon customers to support you by purchasing one of the items on your list.
Not at all! The closure of the program is simply a sign that your organization needs to diversify its fundraising strategies.
Use this opportunity to try out other online fundraising ideas like hosting crowdfunding or peer-to-peer fundraising campaigns. Exploring your options and getting creative with the resources the internet provides should help open new doors and attract new donors.
First, calculate how much of your organization’s revenue came from the AmazonSmile program. This will inform the strategy you use to account for no longer receiving these funds.
Next, communicate with your donors. If your donors aren’t aware of the situation, they won’t know that their help is needed. That’s why you need to let your donors know that the program is closing and ask for their support now and in the future.
Post an announcement on your website and on social media and include the information in upcoming newsletters. Make sure you provide them with other ways to donate.
While you’re restructuring to adjust to the loss of one income source, it’s a great idea to create backup plans for other sources as well. This way, you can protect your organization from financial issues that might occur in the future. For example, if you use Facebook fundraisers, think about how your revenue would be impacted if you lose that donation source.
Finally, remember that even though the program is ending, your donors are still out there. Take stock of where you’re at now and make a plan to move your mission forward in the future.
This article originally appeared in Bloomerang. See the original article here.
A wise boss once told me: “A community is defined by caring for its members. Otherwise, it’s just a zip code.”
I never forgot this.
One of the things you are responsible for as a development professional is building and nurturing community.
Since your mission is to facilitate philanthropy in order to move your mission forward, let’s talk about your philanthropic community – the donors, volunteers, advocates and ambassadors who fuel your work, making your impact the greatest it can be.
Let’s not stop with the impact you have on the beneficiaries of your charity’s work.
Let’s focus, head-on, on the impact you have on the philanthropists who choose to commune with you.
Why do people choose to give their hard-earned money to your cause? Why do they choose to associate with you, rather than another charity? What cements their individual and communal affiliation — their sense of belonging to all you do and aspire to?
The opportunity to make the world a better place is the promise all social benefit organizations offer to deliver.
People have different values (some want to help children; others animals; others education, the environment, the arts… and so on). Within the values universe, it’s your job to convey where you sit/what you do/why what you do is necessary/and that you’re effective doing it. Your next job is to uncover folks who share the values your organization enacts. This is what is commonly called “development.” Finally, once a good common ground is found, you make the match! You ask for the investment that will assure the values are enacted and the donor’s passions are fulfilled.
Fundamentally, all of philanthropy is a value-for-value exchange.
Mostly, the donor gives money or volunteers time; the charity gives back an intangible “feel good.” Yes, this means a prompt, personal, powerful thank you. But it’s much more than that. If you stop there, you’ll short change the donor. They, in turn, may “return the favor” (which is a huge reason donor retention, per the Fundraising Effectiveness Project reports, remains at under 20% for new donors and just 46% for all donors).
What other opportunity and value might you deliver?
It’s the friend-raising and ongoing nurturing part of the fundraising equation. Friend-raising is about crafting a donor-centered journey that predisposes folks to want to give, and keep on giving. But it’s more than individual “cultivation” or “stewardship.” Where else might this predisposition to give come from?
A sense of belonging to something larger than oneself.
Endeavor to repay your donors by lifting them up and connecting them to the broader picture. Most people want to join your community, make their mark, leave a legacy, or see their values in action. They want to do this together, with you and with others, working toward a common purpose to achieve social change.
Let’s begin on the individual donor level. I write a lot about the “warm glow” people experience when they contemplate giving. And how you should never feel bad about asking someone for a philanthropic gift, because it delivers a shot of dopamine that lights up the pleasure center of their brains.
Alas, this feeling is short-lived. So, you need to do more. Which is where building donor love and loyalty plans comes in. Again, so far so good. Maybe you can “nurture” people into continuing to give.
But there’s another strategy, or perhaps it’s a cultural shift, that gets overlooked.
People join a religious congregation, PTA, sorority, book group, political or social movement, any number of meet-ups and, yes, your philanthropic community, because it brings them something they seek. On an individual level, this can be any number of different things, which is why it pays to get to know your donors as much as you can. The more you know people, the more you can help facilitate the journey that gives them the most meaning.
But, individual identity and values aside, there’s one thing most human beings have in common: People are searching for meaning, purpose and a sense of belonging. Organizations working in the social benefit sector are steeped in all these things people are looking for. So, it’s a match made in heaven, or should be. But it won’t happen unless you facilitate it.
One of the most powerful ways people find meaning is through community affiliation and association. They care about the outcomes of your work, sure. But what really brings the meaning home, and makes it personal, is when it’s shared with others.
Part of what makes people feel they belong to your community is the joining with others to pursue common values.
The THNK School of Creative Leadership states:
“The magic of the community is in the shared act. Community members find each other, work together, support each other, and achieve success together. This is the joy of doing meaningful work together with like-minded people, with your friends.”
When values are shared, they gain power and traction, leading to:
But all good magic requires a magician – you. If you neglect this part of your job as a philanthropy facilitator, your community will evaporate.
This is where you must put on both your donor-centered and community building hats. Perhaps survey your supporters to find out what types of communal events they might enjoy. What might feed their souls, build social capital, enable people to connect and help them stay in contact?
Know that “out of sight is out of mind,” so your job is to develop strategies to bring people together. This will solidify and amplify the knowledge, beliefs, values and traditions you all share. [Note: All of these community-builders can be hosted on-site or online.]
What are you doing, specifically, to bring people with common values together?
Too often nonprofits treat donors like gumballs; chew ‘em up, spit ‘em out. As if they exist to do you a service, nothing more. This transactional approach to philanthropy facilitation won’t move the needle on solving your overarching problem or achieving your ultimate vision.
When you include supporters as part and parcel of your transformational work, then something magical can truly occur. You just need to offer the opportunities, and the tools.
The post People Want To Belong To Your Nonprofit’s Community appeared first on Bloomerang.
This article originally appeared in Bloomerang. See the original article here.