True Story:
Yesterday, a good friend who
I have known for years, asked to stop our offices and talk about her
fundraising efforts. She has been a
follower, client and fan of ours for years.
But after spending endless hours fundraising for her local charity,
reality hit her in the face.
During our conversation, she
told me about her efforts to host a fundraiser.
She explained that the best fundraiser she has ever hosted attracted
only 75 people and her “Net” (Profit) was $4,000.00. However, the more we spoke about her efforts,
we both soon realized that that was not her true “Net” or “Net Net.” After deducting other expenses, time and gas,
that “Net” came down significantly.
Now, important for you to
understand, the “National Norm” or “Beginning” of successful fundraising is
$100.00 a person net. Which means for
every person who attends your fundraising event, each person equals
$100.00. So, she would have profited or “Netted”
$7,500.00 but the reality was it fell well under $4,000.00 most likely, $3,800.00.
Here is where reality hit her
in the face. I then asked how long did
it take her to plan and execute that event, her reply was 3 months. I then asked how many people helped her with
the planning and execution of it, she said 3 total.
Her true “Net Net” was most
likely $3,800.00 – if you divide that number by the 3 people who helped her, it
equals $1,266.66 each. What that means
is, the 3 people who were involved in the planning and execution of her
fundraiser (if they were employees), would have only been paid $1,266.66 for
three months work. So, if it were a
salary, their monthly salary would have only been $422.22 a month or $105.55 a
week.
I asked her, if all three of
you were happy with that, would you work for me for $200.00 a week? She sheepishly said “No.”
That my friends is the
reality of charity fundraising and it sucks.
Once you see your efforts laid out in front of you, many come back with
the same conclusion.
We then went into some of my
tried and true questions which I pose to every single client we help. I asked her how many Gift Baskets did she
have at her fundraising event – she said 50.
She began to tell me about how she made them, how she got them donated
until I stopped her and asked “How many gift baskets did you give to your
family and friends for this past holiday season”….her head dropped and she
quietly “None.”
At that point, the sting of
her reality, what she believed was successful, began to ache. The reality slammed into her like a baseball
bat and that is when she asked “Will you help me?” Of course I replied and started to consult
her on how to turn her efforts toward a much more successful path.
Ladies and Gentlemen, I
understand how hard you work and why. I
understand that any money raised, helps your cause or charity. However, my job is to help you maximize your
efforts so that you and your charity raise’s the maximum amount of money each
and every time. Furthermore, that your efforts
grow upon themselves, making your efforts that much easier.
Take this as a lesson or a
learning experience – fundraising the “Old Way” is not successful. You and your charity must heed my warning
and understand that in order to be a successful fundraiser, you must change
with the times – and we are here to help you meet and exceed your fundraising
goals.
As an example, look at all of the companies that are gone because they were stuck in the old ways. Is that you? Ask yourself, have you changed anything about your fundraising efforts or are you proceeding the same way year after year.
If you would like to learn more
and get the absolute best advice on how to successfully fundraise, contact us
today www.BWUnlimited.com or email me
at George@BWUnlimited.com, I would
love to help you.
BW Unlimited Charity Fundraising is a North American Charity Fundraising leader in a “One Stop Shop”
convenient setting. The expert
fundraisers at BW Unlimited Charity Fundraising can help consult and guide you
and your charity through the myriad of fundraising pitfalls while educating you
and your staff about the trends of successful fundraising across North America. Knowledge is power, more importantly learning
how to maximize your efforts and minimizing wasted time is the key to your
charities ultimate fundraising success.
If you would like our help, contact us at www.BWUnlimited.com.
Great read, I've really enjoyed reading this. I have recently discovered Tony Charalambides fundraising blog, you should check it out.
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