Major Donors

View the live recording of this crucial discussion led by top development experts with over 200 participants across the US! Panelists include (1) Jules Glanzer, Tabor College, Hillsboro, KS, (2) Jim Stigman, Hope Academy, Minneapolis, MN, (3) Dan Brokke, Bethany Global Ministries, Minneapolis, MN, (4)...

Paul instructed Timothy to “Preach the word; be prepared in season and out of season; correct, rebuke and encourage—with great patience and careful instruction” (2 Tim. 4:2). Timothy was to constantly share the word—when it was convenient and when it wasn’t. Paul challenged him to “correct, rebuke, and encourage” those whom God had placed in his care.

If you've been around development work for any amount of time, or have worked with major donors at all, you've probably asked yourself this question - maybe more than once. We have a saying at The Timothy Group (sorry, I don’t know who originated it), “A successful donor visit is when the right person asks the right person for the right amount for the right project in the right place at the right time.”

Of the $335 Billion dollars given last year in America, around ten cents (10) of each dollar given by check or wire transfer was written by a Foundation. The Wall Street Journal had an interesting article on Monday 14 April, 2014. The Article titled “Family Foundations Adopt New Mantra: Let’s Spend It All” by Veronica Dagher. A narrative about Family Foundations in America. 24% of those family foundations intend to give all of their assets away during the lifetime of the existing directors.

How do you know when the donor isn't ready? If you've been involved in development work for long, you've probably had a situation where you made the “ask” of a donor before they're weren't ready. How so? A couple of differing ways, probably – either they were offended, said “no”, or gave a significantly smaller amount than you hoped for. No worries, we have all been there a time or two. Maybe a better question is - how can you know (for next time)? The relationship between a donor, the development staff person or volunteer assigned to the donor, and the institution in need of support is a tricky one. There are guidelines of when a donor is ultimately “ready” for solicitation, but no hard, fast rules. Every donor, every organization, and every campaign is different.
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