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Is now the best time to launch your next campaign?

Obviously in development, we look for the prime time to raise the most money while considering the resources we have. It’s only natural to think about calendar-year-end as bringing the biggest bang for your buck, maybe appeals centered on your organization’s milestones and of course your organization’s schedule of big annual events. It’s often easy to look internally to determine how and when to fundraiser.

But now might be the time for you to think a bit more about your next campaign, because there are three important economic factors at play that may not have reached your organization yet. Check out this recent article from NonprofitPro Why Now is the Best Time in History to Launch a Capital Campaign or Major Fundraising Initiative.

Take a look at the bigger landscape. Is it time to get the ball rolling on your next campaign? If you need help getting your ducks – or prospects – in a row, reach out! I am happy to discuss the different ways to work through your prospect pipeline from research to moves management! Drop me an email at brittany@hillcrestadvancement.com.

Good news for email communications

Even though we can all agree that we are constantly inundated with emails –  professional, personal, solicitations, coupon codes that we save and never actually use – there is some great news for your organization’s email correspondence:

According to the 2020 Global Email Marketing Benchmark report by Campaign Monitor, average open rates for emails where up in 2019. If you don’t have time read the entire report, check out AFP’s summary of the nonprofit results of report: https://afpglobal.org/average-open-rates-nonprofit-email-increases-2019. You can even find out which days of the week have the highest open and click-through rates!

Take time to read in 2020

The Association of Fundraising Professionals published an article last month containing a great list of “work-related reading.” Since the beginning of the year is often a time for reflection and forward thinking, consider taking a few minutes a day (or week or month… wherever you have the time) to better yourself professionally. Whether you’d like to be a better manager, learn how to unlock your (or your organization’s) potential, or even discover history about philanthropy and raising money 150 years go, this piece is a good place to start:

Make 2020 the Year to Be Well Informed.

I can’t wait to dive into some of these, as well!

New Year, New Data Audits

Happy New Year! I hope you had a moment to pat yourself on the back after a busy and successful end-of-calendar year. But there’s never REALLY down time in fundraising, is there? Now that the checks have been deposited, thank you notes have been sent and reports have been run, it’s time to refocus and regroup.

January is a great time to take a look at your database and perform a few important audits.

  1. Missing fields: we all have it – it’s just a matter of finding it. Do you have missing fields? Sometimes constituents are added without a gender. Maybe you have a few missing zip codes here and there. This one is simple – choose the field you think may have missing data and build a query around this field being “blank.” Then you will know if you have a handful of records that need to be updated or a larger project at hand.
  2. Donation data: it’s always good to have checks and balances of donation processing to improve accuracy. Now is a good time to take a look and think about your data. Are your codes for donation giving you the power that you need to report? Have you developed new programs that don’t quite fit into your code structure?  Take inventory and see what works and what might be missing.
  3. Contact info: did you receive a pile of undeliverable mail from your year-end appeal? Or maybe a handful of bounce-backs from your email solicitation? Make sure to check and update these records in your constituent database and any other services you use such as your digital marketing platforms. Taking these small steps will reduce your costs in sending mail that will never reach its intended target!
  4. Codes/Attributes: just like donation data, now is a perfect time to reflect on what codes and attributes are most useful to you. And more importantly, are they working? Are there new pieces of information you’d like to see or see in a different way? Maybe you just started a new series of events and want to track attendance or perhaps you just began utilizing prospect research and want to track your findings. Look at the big picture and see how these details can aid your overall goals. Then come up with a plan for it!

What are some other ways you plan to audit your data? If you have ideas but need help implementing, reach me at brittany@hillcrestadvancement.com!