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End Of The Year With A 364 Percent Funding Increase!

End Of The Year With A 364 Percent Funding Increase!

FromThe Nonprofit Show


End Of The Year With A 364 Percent Funding Increase!

FromThe Nonprofit Show

ratings:
Length:
31 minutes
Released:
Jan 22, 2024
Format:
Podcast episode

Description

Jarrett R. Ransom, CEO of the Rayvan Group, discusses the success of a fundraising campaign at a nonprofit which garnered a remarkable 364% increase in fundraising compared to the previous year. Jarrett begins by highlighting the importance of the end-of-year fundraising season where statistics show around 30% of fundraising dollars come in during these three months, with a significant portion coming in December. The organization that conducted this campaign faced a major funding cut of over $400,000 in September, putting immense pressure on them. The conversation digs into the challenges faced due to the funding cut, including the fear and stress it caused within the organization. Jarrett set a goal to raise $200,000 in 90 days by stressing the importance of consistency in messaging and branding across multiple platforms, using the multi-channel approach, including email communication, social media, and mail solicitations. They also segmented their donor list based on past giving behaviors, like "LYBUNT" (Last Year But Unfortunately Not This Year donors), "SYBUNT" (Some Year But Unfortunately Not This Year donors), and zero-dollar donors. Giving Tuesday was also strategically incorporated to engage donors and cultivate relationships. This fast-paced case study style discussion also peeks into the personal touch aspect, such as gratitude videos, personal emails, and holiday cards with handwritten notes. Jarrett emphasizes the importance of thanking donors and reporting on how their contributions made a difference, plus how nonprofits can still appeal to donors by emphasizing tax deductions and credits. Finally, they discuss the consistency of graphics and branding, with Jarrett planning to use the same imagery and color schemes for next year's campaign. Watch the entire episode and you will agree with our ‘Three Cheers’ to Jarrett! Watch on video: https://bit.ly/4basQqnFollow us on the Twitter: @Nonprofit_ShowSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show
Released:
Jan 22, 2024
Format:
Podcast episode

Titles in the series (100)

The Nonprofit Show is the daily live broadcast where our national nonprofit community comes together for problem solving, innovations, and reflections to foster greater social impacts.  Each day the hosts and their guest experts cover relevant topics, from money to management to missions, with fresh thinking and ideas to help you and your nonprofit amplify your social impact and better achieve your mission, vision and values. //Join in with The Nonprofit Show Co-Hosts Julia C. Patrick, CEO of The American Nonprofit Academy and Jarrett Ransom, The Nonprofit Nerd and CEO of The Rayvan Group.   Watch or listen to The Nonprofit Show for new knowledge and amazing inspirations.  Connect with nonprofit and social impact experts from across the globe. More details . . . https://bit.ly/34yEYk1 //Signup to watch the Live video broadcast of The Nonprofit Show and receive a show time reminder: http://bit.ly/3nxnADf // The Nonprofit Show is a production of the American Nonprofit Academy http://bit.ly/2LsVonu