Sunday, July 20, 2014

Top Secrets to Long Term Successful Fundraising


WARNING:  If you can't handle the truth, stop reading now.  Here is how several charities have capitalized on fundraising to raise $Millions$ each and every year.  I warn you, if you are not prepared to make the changes they did and do everyday and you are happy with very little, STOP READING NOW!!!  I am going to share with you their TOP SECRETS to success.

When I am thinking about writing a blog, I picture having a conversation instead of sitting here typing like I am. 
The inspiration for this Blog comes from our continual experience with our charity partners.  Charities must look in the long term.  In order to build a wall, you have to the lay the first row of bricks, first.  Many charities host an event without understanding the long term commitment it takes.  Educating and training of your guests is crucial.  We will address “Guest and Support Training” in yet another Blog to come.
Success comes in the long term because a one-time windfall is great but being successful over the long term is truly what success is all about and the Conservation organizations figured out when 99% of the other charities in the U.S. have not.  Why?
First, let me tell you how I got my start.  A very long time ago, I was a volunteer involved in two different Conservation charities.  Through those charities, I learned the basis of the company I represent today – BW Unlimited Charity Fundraising. 
The outdoor charities are honestly the “Kings of Fundraising” and should be applauded for their understanding of what it takes.  Their successful methods are TOP SECRET, or at least it seems it is because outside of their charities, no other charities are utilizing their successful methods.  Whether you support them or not, everyone should learn from these charities.  I have to hand it to the people involved in these charities because they figured out how to be highly successful over a very long time and importantly, they also learned how to grow their charities while hosting a fundraising event.  Let’s discuss what they know, and most importantly, what everyone does not and nearly refuses to believe - it’s a “Quiet Secret.”
 
But before I tell you how successful they are, I believe looking at their numbers will put you in perspective.  If you are not as impressed as I am, you should be (These are just SIX (6) out of all of them that use this same model):
Charity                                                                      Total Revenue
Ducks Unlimited                                                      $185,148,845
NRA                                                                            $272,950,038
Rocky Mountain Elk Foundation                         $79,251,317
Pheasants Forever                                                  $43,041,536
National Wild Turkey Federation                        $35,391,581
Trout Unlimited                                                      $34,011,522
                                                                  TOTAL = $649,794,839
 
Their Successful Approach to Long Term Fundraising:
More than just a fundraising opportunity – The Conservation/Habitat charities host fundraising events which are not solely based around the charity in question.  Their events are fun and very relaxed, they are more like a party instead of a seminar.  Routinely, other “like” charities will attend to support them.
1.  Auction Items available – The conservation and habitat charities reach out to companies who provide items that they believe their guests will like.  These charities then provide a catalog (called a “National Package”) of the items to their chapters with a price for each.  The chapters then PURCHASE the items for their events Live & Silent Auctions.  The chapters then sell the items at their events.  Of course, the chapters do go after donated items but the events are centered on the items which they purchased.  They understand that in order for them to benefit financially, they MUST have high quality items.
Recently, I met with a Regional Director from one of the above charities.  While talking about helping him, he said:  “George we know that we can’t rely on donations, they are generally junk and we rarely profit from them.  We have to have great items at our events because they guarantee us profit.”
By providing high quality items, these charities know the appeal to their current and future guests.  They have accepted and utilized the fact that people attend their events just to get a chance at bidding on items that are available.  It is what “SELLS” their events and helps people coming back each year to follow. 
NOTE:   The most important word above is “PURCHASE.”  They must pay for the items regardless if they take a loss or not.  The charities can’t provide them at NO RISK to their chapters because of the carrying costs if the items do not sell.  BW Unlimited Charity Fundraising provide items and travel at ZERO RISK to our charity partners.  BWU assumes all the risk, this only guarantees profit for charities.  If the items sell at their events, they keep 100% of the profit.  Each item has 20% profit at the very first bid and even more as the bid amounts go higher.
2.  Growing Long Term Support – Through their fundraising events, they sell an amazing amount of memberships and differing levels of support.  When you attend their events, ticket buyers also purchase a membership as part of their ticket.  These events are so highly sought after because of the items available, the membership purchase is a part of the deal in order to attend.  They understand that a fantastic fundraising event is the best way to grow their support.
AN EXAMPLE:  When I was a part of one of the above charities, which by the way had no direct tie to the area, we used the events momentum to sell more Life Memberships ($1,000.00) than any other chapter in the North America – we sold 20 ($20,000.00). 
3.  Long Term Charity Growth – What is most important, at these events, other people want to be a part of the charity by volunteering to host another fundraising event somewhere else by opening up other chapters. 
Summary: 
The quiet secret that they are holding back is the key to their success over the long term.  They know that having a fantastic fundraising event with great items helps them grow and grow and grow.  They take advantage of this incredible situation which most of the 104 million charities in the U.S. are not.  Why?
Some of the charities outside of this group resist what they know to have a proven successful track record…why?  Because it goes against what most people believe – but unbelievably, that is what BW Unlimited Charity Fundraising offers our clients.
If you would like to know their secrets and begin to do what they are doing while enjoying their success…shhhhhhhh….BW Unlimited Charity Fundraising will tell you.  Contact us today at www.BWUnlimited.com.

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