Boston University Giving Day Case Study: How to Boost Annual Fund Participation
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Transcript of Boston University Giving Day Case Study: How to Boost Annual Fund Participation
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Boston University Giving Day Case Study:
How to Boost Annual Fund Participation
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Confidential document: Kimbia Inc. 2014
Agenda
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Confidential document: Kimbia Inc. 2014
PresentersMiriam Kagan
Senior Fundraising Principal
Kimbia
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Hilary ShepardDirector of Marketing &
Participation
Annual Giving - BU
Phil DiMartinoAsst. Director, New Media Fundraising
Annual Giving – BU
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Confidential document: Kimbia Inc. 2014
BU Quick Facts• Large, private research university with 310,000
alumni• First-ever comprehensive campaign: $1 billion
goal• Campaign goal of doubling alumni donor counts• Currently at 9.7% alumni participation• No reunions or class volunteer structure• Retention and acquisition are key
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Confidential document: Kimbia Inc. 2014
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Let’s Get Started!
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• A time-limited (in most cases 12-24 hours) online fundraising competition
• Bringing together your communities (donors, participants, advocates, alumni, corporate partners, etc.)
• Raising money for your community, nonprofits, programs, institutions
• A single online donation campaign
• Driven by a sense of urgency around matching funds and/or prizes
Giving Days: What Are They?
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• Increase revenue from a new revenue stream (across channels) -- it’s not just online
• Attract new donors and appeal to more hands-on fundraising demographic
• Generate buzz and excitement in the community, with sponsors, and on social media
• The long-tail effect: successful days may inspire major donors to give matches, endow future programs, etc.
• Increase lapsed participant, donor, alumni participation-new exciting way to engage
During a Dean’s reception held by Columbia College, one major donor was so excited by the results of the
prior year giving day he enthusiastically declared he was going to match the $1.2 million
raised by Columbia College that day.
Giving Days: Why Do They Work?
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Model 1: School/Program Model• Fundraise for schools/programs• Incentivize via prize and gift structure built
around revenue and gifts going to each school• Showcase schools and programs throughout
giving days• Activate school/program loyalty and engages
school/program staff to help raise funds
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Model 2: Geographic Competition• Great fit for schools with
geographically widespread alumni network
• Engages cities/states/countries with large alumni presence to foster a sense of competition
• Prize structure and matches well suited to take advantage of local wealthy donors or to help support local alumni clubs.
• Focus on % participating rather than funds raised as a great way to increase alumni participation
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Model 3: Inter-Institution Competition• Institutions compete to raise
the most funds around a specific event, such as a football game
• Engages competitive school spirit in a positive, proactive way
• Activates sense of competition around sports or other naturally competitive events
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The BU Model• Double Your Impact• Donor-Centric – You Choose the Designation• BU Pride and Feel-Good Marketing• Micro Challenges• Organic Competition• Led by Online Ambassadors
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Successful Giving Days• Compelling value proposition for stronger Giving Day
message• Scalable, stable platform• Strategic promotion planning before, during, and after
Giving Day• Design optimization: Clean and clear call to action and
design• Engage donors and alumnae across channels, including
social media and mobile • Power on-the-go engagement via mobile optimization• Remember to say “thank you”
• Staff are “Giving Day” ready
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Over $1.1 million from over 3,100 donors raised in one day!
Over $1.1 million from over 3,100 donors raised in one day!
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Select a Vendor Who Will Provide Communication and Social Media Tools & Training
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• Staffing, staffing, staffing• Develop timeline• Cross-departmental buy-in: feedback loop
• Set clear goals and expectations
• Solicit major donor for matches/challenges
• Align action items of partners
BU Giving Day: Planning
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• Planning makes perfect• Clear content calendars and pre-prepared
materials• Manning the phones and trouble-shooting• Social stewardship• Managing the buzz• Updates – internal and external
BU Giving Day: Execution
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Your Tech Prep List
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A mobile pause
30% of site visitors and 15 % of transactions came from mobile on Giving Day
Optimize for mobile for on-the go donors during a limited time period (don’t forget to include tablets in your design considerations)
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Tech Priorities• Simple Donor Experience
• Responsive Design
• Real-Time Counters
• Integrated Processing
• High Volume
• Automatic Receipting
• Customized Reporting
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EVENT DAY HQ•Sufficient staff to field questions•Community outreach•Real-time communications: social media, leaderboards, progress, and prizes
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BU Giving Day: On Campus
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• Day After Email• Social Updates• Gift Processing• Thanking our Ambassadors• Team De-Briefs• Surveying Schools & Colleges
BU Giving Day: Post-Event
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Analyze and Iterate
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Confidential document: Kimbia Inc. 201438
Omni-Channel FundraisingTM Solutions
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Q&A
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www.kimbia.com@kimbiainc
[email protected]@miriamkagan
[email protected]@phildimartino
[email protected]/campaign
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Thank you!
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