Showing posts with label Capital Campaigns. Show all posts
Showing posts with label Capital Campaigns. Show all posts

Thursday, April 5, 2012

Turning a No into a Yes


Asking for Donations: When Does “No” Mean “No”?
March 29, 2012 by Tri Point Fundraising
You’ve prepared.
You’ve practiced.
You’ve overcome your fear of asking for a donation.
So you make the ask and they say “no.”
But how do you know when “no” really means “no”?
I tell my kids “no” all the time. Yet, it doesn’t stop them from asking again, and again, and again. They do this for a variety of reasons, but mostly becasue they’ve learned that sometimes “no” turns into “yes” if they ask frequently and persistently enough.
So how come as adults, we’re much more likely to take an initial no as a final no?

Turning a “No” into a “Yes”

In fundraising, some of the best development directors are those who can take a “no” and turn it into a “yes.” When you get a “no” for whatever reason, your job is to ask why? That’s the most important question you can ask. Get to the core reason, and explore if there’s a way to turn the “no” into “yes.”
Before asking a prospective donor for a contribution, you’ll want to consider all of their possible responses, so you’re prepared to respond appropriately.
In general, there are three types of response:
      1. yes
      2. no
      3. maybe
In fundraising, “yes” and “maybe” are great answers, but “no” can be good too.
“No” is an opportunity to explore, build the relationship, ask more questions, and encourage engagement.
It’s up to you to find out why the person is saying no, and how you can turn their no into a yes.

4 Reasons Why Prospective Donors Say “No”

There are many reasons why people say no. Four of the most common include:

1. Wrong time.

Money is tight at the moment for whatever reason. Six months or a year from now might be better. Or, they could need more information before making a decision.

2. Wrong project.

They love your organization. They’re really interested in the after school program — but you asked for the preschool program.

3. Wrong amount.

You asked for too much or too little. Once you ask some good follow-up questions, you may be delighted to receive a gift of another amount.

4. Wrong asker.

This is often the most difficult issue to identify, but it’s possible that your donor just doesn’t click with the board member you brought along. Keep your intuition tuned for issues like this, because they will often go unspoken.
I’ll be discussing how you can turn those no’s into yeses and a whole lot more in my upcoming session at the International Association of Fundraising Professionals’ conference.

Going Further

There are some great posts around the web pertaining to this topic. Here are two of my favorites:

Wednesday, November 9, 2011

Ways to Increase Charitable Giving

This is a great article that highlights four easy to implement ideas how to increase charitable giving at your organization.  Increasing donations, especially at a rough time economically, is such a daunting task, but after your read this article, it will seem a lot more feasible.


The Giving Pledge, the effort by Bill and Melinda Gates and Warren Buffett to increase giving by the nation’s wealthiest people, missed a key opportunity, fund raisers say. Instead of simply reaching out to billionaires, they should have promised to match donations of people with a lot less money.

That’s one suggestion offered in a new report by Adrian Sargeant and Jen Shang, two scholars who study and teach fund raising at Indiana University.

The report is based on ideas to increase charitable giving that were offered by influential nonprofit leaders and other executives.

Besides suggesting that billionaires offer matching gifts, the report includes 31 other ideas for improving giving, which has been stuck at 2 percent of average household income after taxes for the past 40 years, according to “Giving USA.”

Other ideas from the report:

* Encourage charities to develop productive ways to handle complaints from donors, which would reduce negative word of mouth, build trust, and provide ideas to improve fund-raising operations. Charities could take a lesson from the business world, the authors write, where “complaining customers are the firm’s biggest asset.”

* Place more fund raisers on nonprofit boards so they can educate fellow trustees about the best ways to raise money.

* Persuade fund raisers to stop talking to donors about annual funds, capital campaigns, endowment drives, and other such insider approaches and instead urge them to focus on what their money will accomplish.

As an example, the reported noted that Harvesters, a Kansas City, Mo., food bank stopped asking its donors for annual gifts or capital donations. It now uses appeals that ask people to help it feed children, families, and the elderly and to promote healthy eating habits. “The new approach is immensely more powerful,” the authors write.

“No one supports a single nonprofit because they happen to have an annual fund or an endowment,” write Mr. Sargeant and Ms. Shang. “It is not the vehicle that matters to donors; it’s the difference they can make in society.”

Nonprofit Leaders Suggest Ways to Increase Charitable Giving
By: Holly Hall