Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar...

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Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel

Transcript of Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar...

Page 1: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Donor Retention through Donor Relations

Lynne M. Wester @donorguru

February 6, 2014NAYDO Webinar sponsored by

Lighthouse Counsel

Page 2: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

©2014 DonorRelationsGuru

Page 3: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

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Donor Recognition and Stewardship

• Is there a better way to do this?• What are some ways that we can better

serve our donors?• What is someone else doing that we’re

not?• Is there an app for that?• Making Innovation a Priority

©2014 DonorRelationsGuru

Page 4: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Who are we talking about?

• High Level Annual Donors• People Falling through the Cracks

4©2014 DonorRelationsGuru

Page 5: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

The Facts, Just the Facts

What is your retention rate? • At YU we went from 48% to 72% in three years

of concentrated donor relations efforts• What would a 10% increase in retention mean

to your organization?

©2014 DonorRelationsGuru

Page 6: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

The “Blanket” Approach

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Page 7: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Data Analysis and Leveling

• A. Donors of 25K- 100K TPF for the previous FY or Cumulative Lifetime TPF of 100K to 1 Million

• B. Donors of 100K-500K TPF for the previous FY or Cumulative Lifetime TPF of 1 Million plus

• TPF= Total Philanthropic Funds=Cash+Pledges

• A.734 constituents• B.186 constituents

7©2014 DonorRelationsGuru

Page 8: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Other Groups Added

• Loyalty Donors• First Time Donors• Anyone who needs extra touch and care

8©2013 DonorRelationsGuru

Page 9: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

What drives your camp donors?

• Belonging, feeling connected• Nostalgia, memories from when young• Staying connected, even if out of town• Personal help• Incentive to visit

©2013 DonorRelationsGuru

Page 10: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Calendar Approach

• August- Thank You Postcard• September- Rosh Hashanah email greeting• October- Phone Call from Student• November- Donor Recognition Event• December- Hanukkah Postcard• January- Invitations to YU Museum Event• February- Hand Written Note• March- Pesach Postcard• April- Impact of Giving Report• May- Commencement Invitation and Webcast

10©2014 DonorRelationsGuru

Page 11: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.
Page 12: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Impact Piece

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Page 13: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Impact Piece

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Page 14: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Postcards

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Page 15: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

©2014 DonorRelationsGuru

Page 16: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Emails

©2014 DonorRelationsGuru

44% open Rate!

Page 17: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Thank a Donor Week

©2014 DonorRelationsGuru

Page 18: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Building Updates

©2014 DonorRelationsGuru

Page 20: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Thank a Thon

©2014 DonorRelationsGuru

Page 21: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Website

©2014 DonorRelationsGuru

Page 22: Donor Retention through Donor Relations Lynne M. Wester @donorguru February 6, 2014 NAYDO Webinar sponsored by Lighthouse Counsel.

Questions? Comments

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• Lynne Wester• [email protected]• www.donorrelationsguru.com• Friend me on Facebook• Follow me on Twitter @donorguru