Tag Archive for: annual giving

3 Focus Areas for Creating Engaging Annual Reports

BCG Connect is a steadfast supporter and advocate of Friends of the Children-Boston (Friends-Boston), a nonprofit organization dedicated to breaking the cycle of generational poverty through salaried, professional mentoring. To achieve this, Friends-Boston pro-actively identifies kindergartners who possess untapped limitless potential but face the most significant barriers to future success. They then relentlessly dedicate their resources to them for the child’s entire school aged years – kindergarten through graduation, no matter what. That’s 12+ years!

One of BCG’s most recent collaborations with Friends of the Children was their 2019 Milestone Report. The challenge was to create an inviting and informative report that everyone wanted to read. It was important to understand that these readers were already supporters, so the message had to be tailored to them. Friends of the Children also stressed their desire for this report to have a contemporary feel, complete with story-like infographics and interesting data visualization.

Some of the areas highlighted to achieve this can be applied universally.

Here are 3 focus areas for engaging annual reports:

  • Understand the organization’s mission

An organization’s mission statement is its lifeblood, and they must find meaningful ways for donors to contribute to that mission. It is essential to understand, highlight, and appreciate this in order to convey its message successfully.

  • Mention successes and failures

It’s important to highlight the organization’s progress, which includes the good, the bad, and everything in between. Executive Director of Friends of the Children, Yi-Chin Chen beautifully expresses this as the ability to “Fail Louder” in future endeavors.

  • Communicate data visually

Data is one of the most compelling engagement tools in fundraising, as donors want to know how their gift has impacted an organization. It’s often difficult to translate these stats into an eye-catching format. Stick to simple numbers, appropriate chart types, and consistent formatting.

One recipient of the 2019 Annual Report shared:

“I just received the 2019 milestone report in the mail – congratulations on a really beautiful publication. I immediately wanted to read it and found it really engaging and inspiring. I love how it’s on-brand, authentic, compelling, and provides easy ways to see how anyone in the community might engage.”

-Anonymous recipient

You can view the Friends of the Children 2019 Annual Report here.

For more information on how BCG Connect can create similar projects for you, contact us today.

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Exceed Your Goals with a Strong Fall Giving Plan

The air is getting crisp outside. The leaves are getting crunchier. School bus lights flash longer waiting for students to scurry aboard. This could only mean one thing – fall is here. These signs of fall should ignite the fundraiser in you to spark your donors to give. How should you do that? Well first, it starts with a strong strategic annual giving plan.

By now, most fundraisers have a strategic annual giving plan, but there is always time to make adjustments and improvements.

Strengthen your annual giving plan by asking yourself these questions:

  • How does this year’s annual giving plan differ from our plan last year? Regardless of if you had the best year yet, or a year that needs improvement, you should always try to do something a little different.
    • Yes, if you had the best year to date, continue doing what you’re doing. However, what’s next? How can you keep that stamina up? It’s all about thinking ahead and continuing to have that donor-mindset at the forefront of your initiatives.
    • If you had a year that needs major improvement, try something completely new – do some testing and analysis and determine what had the best results. For example, maybe it was a self-mailer over an 8.5×11″ letter, a Facebook ad over a LinkedIn ad, a phone call over an email. Whatever it may be, it’s important to analyze what your donors respond to. Keep in mind that it can take multiple touchpoints before a donor takes action. Ensure that you are communicating with them on all channels to reach them where they are.
  • Did we draft a schedule for initiatives this year? Laying out what the initiative is, who will be targeted, what the goal is, and the timeframe of execution is critical to your team’s success. It not only confirms that everyone is on the same page, but it also helps you stay on track with initiatives. Sometimes, things change. Having a schedule helps you see what adjustments might need to be made if something arises. This central resources can allow your team to be concise, consistent, and focused.
  • How did we use personalization in appeals? Donors expect a personal touch now more than ever. How did you use variable data to personalize the ask? How was the data segmented to properly target the right people with the right message? Instead of sending everyone the same message with the same imagery, try to show donors that you know what’s important to them. If the donor connects with the institution on a personal level, they will be more inclined to donate because they start building an affinity to it.

For more than two decades, we have been successful in partnering with fundraising organizations to create a personalized, custom approach to their marketing and fundraising initiatives, targeting the right people with an effective message, to reach their prospective and current donors. Let us help you!

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Annual Funds deserve annual plans

The long and winding road to annual giving success starts with developing an annual fund plan. Annual giving is complex and having a roadmap ahead of time allows you to prepare for the possible speed bumps and detours. Your road to annual giving success begins today for the next fiscal year – it’s time to start planning!

A strong annual fund campaign requires extensive and comprehensive efforts that organizations need to plan well in advance. By doing this, annual fund objectives are clear, concise, and compelling as well as more apt to be strategically aligned throughout the fiscal year. However, according to Annual Giving Network’s 2016 Report, 67% said that they do not typically have a plan in place prior to the start of a new fiscal year.

Take a step back for a moment and think, “Did my annual fund have a documented, thought-out plan for FY’17?”

If your answer is, “Yes, it did!” – wonderful! How are you going to improve it for FY’18? It’s imperative to use as much data as you have gathered to determine what worked, what didn’t work, and how the plan can be improved. Some questions you might want to ask yourself:

  • Did I have a campaign across multiple channels (direct mail, email appeals, a coordinated social media campaign, and a telephone push)?
  • Did I segment the data to target the right people with the right message?
  • Did I thank donors for their previous donation and ask for another small gift at the same time?
  • Could I have incorporated 2 annual giving days instead of 1?
  • Should I have implemented a challenge day?
  • Could I have leveraged any yearly events to push annual giving (i.e. Pi Day, Valentine’s Day, St. Patrick’s Day, March Madness, the Organization’s Founding Year)?
  • Did I tell donors how their donation impacted the organization?

There is always room for improvement by implementing innovative and creative ideas to your program.

If your answer is, “No, my annual fund didn’t have a strategic plan,” then you’re in luck – there is always time to put a plan in place. You might be thinking, “Where do I start? When do I start? What do I include in this plan?” Before summer, you should ideally have your approved plan in place ready to be executed for FY’18. This would put you at the perfect spot to be organized for the year and ready to strategically get donations in. Here are some guiding questions to fuel your annual giving campaign for your road trip to success:

  1. What is the theme of your annual fund? – by having a thought-out, annual theme, the annual fund can have a more succinct, consistent message upon multiple touchpoints.
  2. Do your social media pushes have consistent branding with your annual fund campaign? – as more campaigns implement social media, it’s crucial to have consistent branding across channels to connect all of the pieces for donors.
  3. Are there any yearly events that you want to include in your annual fund campaign? – if you’re focused on a certain theme for the year, you might want to consider incorporating certain events/holidays into your campaign. For example, if the founding year for your institution was 1718, you might want to implement a Giving Day on January 7, 2018 (1/7/18). If you have a theme of focusing on different departments throughout the year, you might want to focus on athletics in March and hold a March Madness bracket challenge. If you’re focusing on raising funds for a new math center, you might want to hold a giving day on Pi Day, March 14th (3.14).
  4. How will you segment your data? – knowing who your donors are helps with segmenting data as you want to ensure you are targeting the right people with the right message at the right time. Personalizing asks based on specific donor interests increases your chances of their donation.
  5. Did you thank your donors? – donor retention is a major factor of your annual fund. Maintain your relationships by thanking your donors and let them know how their gift impacted the organization! When they feel appreciated, they are more inclined to continue contributing to the fund in the future.
  6. How did the campaign do and how are you going to improve it next year? – during your current campaign, you should start thinking about next year’s campaign. Ask yourself questions like, “Should we do this strategy next year? Which approach was most successful? Which approach did not perform as we had hoped? Is there anything going on in the environment that might have impacted positive or negative results for our campaign?” By having improvement at the forefront of your mind, annual fund campaigns are more likely to succeed even more.

An annual fund campaign needs to be kept vibrant, updated, and innovative. These efforts need to be revisited and monitored constantly to ensure the annual fund is meeting or exceeding expectations. In order for aligned initiatives to be effective, goals need to be set and the prior year’s campaign needs to be evaluated at the completion of the campaign. When evaluating the campaign, it’s important to take into consideration the dollars given, participation rates, average gifts, and cost-per-dollar-raised. This will aid in establishing a benchmark that will be beneficial in setting realistic goals.

What do you think would happen if donors heard from you consistently the first year throughout the year and only one time the year after that because an annual plan wasn’t implemented? The purpose of an effective annual fund plan is to establish consistent giving habits in your donors. If they feel as though you only reach out when there is a crisis or when there is a sudden need, they won’t feel the emotional connection as they would if they had received consistent outreach explaining how they can make an impact. Retaining donors is a key contributing factor to developing and executing an annual fund plan.

As a proud partner with our clients, BCG Connect has worked strategically with numerous organizations to develop and improve their annual fund marketing campaigns. Some of the most successful campaigns were planned well in advance of the start of the fiscal year. If your goal is to work with a partner that can help develop a strategic, impactful annual fund marketing program, connect with us to learn how BCG Connect can help you!

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8 Trends to Spring Your Annual Fund Marketing Forward

There’s something intricate about annual fund marketing – especially if you want to go beyond the basics of annual giving and create actionable strategies that will help you expand your program for long-term success.

It’s our goal to leverage our industry knowledge when working with clients to provide them with optimal marketing solutions for their fundraising program.

With spring around the corner, it’s time to start comprehensively assessing your annual giving program and determining how to take your program to the next level – how do you relate to these 8 trends?

  1. Implement a Strong Multi-Year and Annual Plan. Developing and maintaining a strong annual fund plan provides the opportunity to comprehensively assess your annual giving program, articulate short and long term objectives, and align all objectives with the plan appropriately. This advanced planning offers the opportunity to revisit initiatives regularly and stay up to speed with expectations. As a key step to long term success, effective annual fund planning is built from strategic development, partnerships, and long-term connections with donors.
  2. Stewardship, Stewardship, Stewardship. Annual giving professionals always need to keep at the front of their minds that stewardship is a key element of annual giving. Great stewardship is crucial to high retention and should be encouraged at all levels of the donor pyramid, including thank you notes all the way to donor impact stories in different types of publications.
  3. Have You Implemented #SocialMedia Into Your Campaign? If you haven’t increased your social media presence yet, now is the time to do so. Having a campaign that shows consistent branding, from the direct marketing all the way to social media, increases the engagement of the potential donors. Donors tend to feel more involved and having numerous touchpoints is important to donor relations.
  4. Mobile is King. At the CASE D1 conference, it was stated that 14% of all online donations are made by a mobile device. It is vital that your donation page, along with any corresponding emails, attachments, or graphics on social media, are mobile enabled. Similar to the importance of mobile with the annual fund, convenience is a significant factor in getting donations through the door.
  5. Big Data and Personalized Analytics. Big data and predictive analytics are evolving annual fund giving. By analyzing donor engagement and giving over their time with the organization/institution, engagement with them improves significantly. When you know about what they are passionate about in association with the organization/institution, you can tailor a personalized approach to them that could increase the chances of a donation.
  6. Storytelling is Not Just for Children. Tapping into your donor’s emotions can engage them, connect with them, really show them exactly what you want them to see and how you want them to feel. By providing better stories, you can raise more money because people are more dedicated and proud to support the fund. Storytelling can be incorporated in appeals, giving days, challenges, stewardship, among others. Take a step back and really tell the donors why their donation is impactful, who it has helped, and why they truly make a difference no matter the amount they donated.
  7. “What Was My Impact?” – Respond to Your Donors. It’s important donors know that their donation goes to a larger cause – that it is truly impacting something. Impact reports, case studies, stories, statistics are all vital elements to provide to your potential donors to show how exactly their donation helped. Did it help fund a new building? Did it provide more resources to the organization/institution? Tell them! They want to know their impact and by providing tangible information of what their donation helped, they will be more inclined to donate again.
  8. Change is Constant. Successful annual giving programs effectively adopt the changes that will work, while still maximizing the old tools that continue to work. The saying typically goes, “Out with the old, in with the new.” However, it is rather a delicate balance between using the old with the new. Learning how to adapt the new with the old can improve the likeliness of a successful annual giving program. For example, doing a direct mail piece highlighting a giving day can be complemented with a social media campaign incorporating the branding of the Giving Day.

These are just a few of the annual fund trends that should be on the forefront of your mind when developing your annual fund program. Do you need any help incorporating any of them into your campaign? We’d love to connect with you to share how we can help strengthen your campaign!

P.S. Attending the CASE District II conference in Baltimore? Let us know if you will be attending – we would love the opportunity to connect with you there!

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5 Fundraising Appeal Letter Hacks

Add some muscle to your next appeal letter to help it stand out in a crowded mailbox.

During the holiday season, everything that comes into your mailbox, from bills to credit card offers, are adorned in festive colors and glitter. So, it helps to add something special to an appeal letter to ensure that it will stand out from the colorful crowd.

Have your next appeal letter move into the spotlight. Follow these 5 fundraising appeal hacks:

1. Include images in your appeal letter:

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Adding photos to the body of the letter helps to give a face to the story, to the need, and to the reason a donor is giving. Photos also help engage a reader in the letter by helping them make a personal connection to it.

2. Add a colorful buck slip alongside your appeal letter:

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This mailing insert, approximately the size of a dollar bill (which is how it gets its name), provides room for additional graphics, images, and appeal information that can help enumerate the impact of a donation.

3. Use color and unique typography in the body of your appeal letter:

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By adding color and typographical emphasis, the reader can easily find the most important parts of your appeal letter. This also helps to break apart larger blocks of text to be easier to read and thus keeps their attention longer.

4. Add artwork or a tagline to the outer envelope:

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The envelope is an important part of the overall appeal package, but is so often overlooked (both during the design process and once it’s in the mailbox). The design of it helps to encourage the donor to open it.

5. Personalize the letter by including the following:

  • The recipient’s last gift amount: this helps to remind the donor of how much they previously gave and also gives them a point of reference for another gift.
  • A targeted ask amount: by personalizing the appeal letter with a specific ask for each letter, rather than a general ask, this helps to give the donor an understanding of how they can specifically help.
  • The recipient’s class year: by referencing a specific year, you help remind them of their experiences at the school and the reasons for giving back.
  • Add a P.S. line that repeats the call to action: use this important part of the letter to summarize the entire message – the ask, deadline, and call to action – so that when the reader’s eyes go to the bottom of the page, they have all the information.

What techniques have you used? Connect with us and let us know.

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Boost Alumni Participation and Raise Money – Quickly

Rally Day is Noble and Greenough School’s giving day. Like many schools looking to improve young alumni participation, Nobles designates one day a year to giving. Rally Day takes over the school’s Instagram, Twitter feed, Facebook page and campus grounds, as students display their school pride and thanks for giving with signs and t-shirts, while volunteers take to the phone lines to rally support from recent grads.

Last year was a success, as Nobles surpassed their goal of 500 gifts with an end result of more than 600 gifts and pledges, which set the bar even higher for this year’s Rally Day with a goal to bring in 605 gifts and pledges.

“We certainly would not have had these results without the direct mail marketing and click-to-pledge emails as well as the social media promotion we did prior to Rally Day.”

-Allie Trainor, Assistant Director of Annual Giving, Noble and Greenough School

Giving days and participation challenges are a great way to boost alumni participation, especially with young alumni, and raise money quickly. It provides a friendly competition – whether that’s between different grades/classes, organizations, parents/faculty/students, or being able to unlock a gift from a generous donor.

BCG Connect works with clients on their giving day campaigns to provide direct marketing materials to support the event. It is critical to have an integrated campaign for the giving day to ensure that all individuals are aware and prepared for the day. Learn more about how we helped Noble and Greenough School with their successful giving day in the case study download.

Noble and Greenough successful giving day download!

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