Tuesday, September 25, 2012

Breaking It Down

We get asked a lot to help groups figure out how to make more money from what they’ve been doing for years.

Of course there are a lot of reasons why appeals and events and other types of fundraising efforts stagnate (or slip) – but there’s a common strategy to looking at how to shake it up and invest new energy in it profitably.

And that starts with breaking down the big number. Someone came in last week with a Spring auction that nets $43,000.

More or less, every year. Now this is a group in a low-income neighborhood, so that’s not too bad. But they have parents sending their kids from all over the city to their programs, so I had a feeling there might be more there there.

I started by asking how much came from ticket sales, how much from the live auction, and how much from the silent auction. Then I went further – how many items went for over $500, for over $1,000, how many had multiple bidders, and so on? And I delved into ticket prices – were they asking everyone to give at the same level, were some people giving more, were those the same people bidding higher on auction items, were parents bringing other parents, how much were there “cliques” of attendees that could egg each other on? Etc.

I was looking for capacity, and for motivation – and for which leads seemed promising if we put more staff resources into pushing them. In other words, if there were three sets of parents who brought grandparents who were high bidders: what were they bidding on; could we feature those items in emails to parents with a “FORWARD ME” button; and could we build in a “3rd Generation” component to spur others to come forward like these folks had?

But just knowing that the event brought in $43,000 wouldn’t have revealed the data that allowed me to suggest this component. It took – breaking it down.

Tuesday, September 11, 2012

Who Speaks

It matters, a lot.

Whether board members present the latest financials at the board meeting, or the CFO carries that portion of the meeting.

Whether board members discuss amongst themselves what they’re going to do to build up attendance at the annual benefit.

Whether board members feel the “message” is one they can carry to their friends – and if they don’t get it, do they speak up and say so?

We all want to avoid the “nod-and-avoid” syndrome – where you have board members who genially agree with whatever’s on the table…and simultaneously check out.

One shortcut around this is a classic middle-school technique – a presentation from a classmate. It’s the same principle, really – you listen to your peers, you snooze to the teacher.

Another middle school staple to borrow? The working group. (A committee by another name.)

And when you combine the two – the working group stands up at the lectern to lead a discussion on the agency’s new messaging – well then the room comes alive.

It’s peer-to-peer, middle school style.

Is it that we haven’t progressed?

Or is it that these techniques call upon the verities of human nature, which surface in middle school (if not before) and stick around for life…?