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Hub You - Stewardship Is More Than A Thank You
Kevin Roberts' Advice for Young Advertisers nnouncements are calling for a Director of Stewardship in education, health care, social services, the arts community and other fundraising organizations.Advertising is big business. Billions of dollars are spent on advertising every year and to outsiders the industry appears to offer a glamorous career. It's a fast moving business where most employees are under 40; new agencies spring up regularly, while established agencies are regularly undergo mergers and acquisitions. Is it any wonder then that every year thousands of young people want to break into the highly competitive advertising industry.And there's no shortage of advice - a search in Google for "advertising career advice" produces over 8 million results.Here's what advertising guru Kevin Roberts, worldwide CEO of the enormous Advertising Agency Saatchi and Saatchi, told a group of enthusiastic advertising students...Roberts covers a few main points for effective advertising:Action "The Ad Industry is an ACTION Business. That's what differentiates it from other businesses," he says, "You must keep asking: will this incite an Action?"Emotion Mystery, Sensuality, Intimacy. Roberts is passionate about emotion in advertising, instructing that it is emotion that insights a The transformation is gathering speed and with it comes the layers of complexity justly deserved for a notion that was once just a wink and a nod and hearty thank you embrace. Theory of Implied Stewardship Something new to think about. Why does a first time donor choose a specific charity for their donation? The reasons are likely varied depending on the individual and what has touched them in their lifetime. One underlying premise is that the donor selected that charity because they had faith in what the charity was going to do with their donation. How did they arrive at that decision? History. The historical past of the charity comes to bear on the current day decisions to make a donation. The outward stewardship of previous fundraising efforts is distributed throughout the community by press releases, TV interviews, newspaper thank you ads and word of mouth from one person to the next. Long before the fundraising ASK is made the prospective donor has an opinion about the charity. An opinion that is shaped in a modest way by the implied messages, of stories of how the charity has been accountable for money raised and spent. Stewardship extends in two directions, back to the current donors and forward in an implied context to those who would consider the charity with their next gift. Get people talking about stewardship Make some notes, shares your thou A $40 Million Dollar Little Known Referral Strategy Not too long ago, people in the fundraising community, would peg stewardship as the thank you letter that was sent to a donor upon receipt of a gift. A form letter with an unrecognized signature, stuffed into a #10 standard envelope and run through the postage machine. In many fundraising shops the gift information would be logged into a donor database and that would be it until the charity went looking for the next gift from the donor.Would you like to know how a car wash chain with only 12 locations has cleaned over 33,373,975 cars and has an annual revenue of over $40 Million (that is not a misprint) using little to no paid advertising?Well, sit forward because I'm about to tell you. The company name is "Car Spa" and here's how I discovered their brutally effective referral strategy. I often go to Taco Bell to have lunch and read a book. I noticed a little flyer next to their cash register.A few days later I stopped in with my family to get a frozen yogurt and right next to the cash register was the same flyer.The next day, I took my family to our favorite buffet restaurant and low and behold, there was a stack of Car Spa flyers.I then started asking the people at these locations what the deal was with the Car Spa flyer that they had next to their cash register and they all said that some old guy comes around every week and replinishes their stack.I asked them, "Do you have some type of reciprocal arrangement with Car Spa?" They all said, "No... they asked if they could put their flyers there as a gift to our guests an A production line approach with little in the way of personalization, little in the way of sharing the mission and vision of what the organization was about, in other words a quick fix attitude to saying thank you. Times are changing. In our nanosecond society where billion dollar fundraising campaigns are becoming commonplace and donor expectations have surged past long standing traditions, a one time thank you letter is not enough. Donor retention is uppermost in the minds of fundraising leaders. How do you handle stewardship? Tough economic times of the last three years there have put more pressure on fundraisers looking to meet this year’s goals. Acquisition of the gift today has become a measuring stick for performance for many not-for-profits. Getting that first gift is important. What a charity does to retain that donor and how it works toward building a long-term relationship speaks to the process and methodology of stewardship. You will find Question & Answer discussions that I have had with a number of people who live stewardship, day in and day out. These Q & A chapters have been organized in such a way as to get you thinking about what, how and why you do things in donor relations. Throughout this section you will find some Workbook Questions for you to answer. Go ahead, jot down some notes, some ideas that come to mind. You can use this publication as part of your fundraising toolkit. This article is a keeper. One that you will want to go back and refer to six months, maybe a year from now to track your progress along the journey. So grab a pen and jot it down as you go. Question: How much does it cost to acquire a new donor for your organization? Choose Annual Giving, Major Gift or Planned Giving as your base. Or you could do this for all three. ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ Question: How often do you look at these management statistics on acquiring new donors? (circle your answer) A. Every six months Some charities have become proactive in enhancing the relationships with their donors. Part of the process begins with effective plan on how to access and use the database systems you have paid for. Information management is becoming increasingly important. However, research suggests that something is missing in many fundraising shops. There appears to be a direct correlation between the importance given to stewardship and the fundraising success of the organization. Better stewardship……..better results. A starting point Stewardship means many things to the fundraising community. How would you define it and more importantly, how does the rest of your fundraising team define the concept called stewardship? Once you make your notes, share with a fundraising associate and see what they think. Do you share the same point of view? __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ Being able to agree on a common definition of “stewardship” is a formative step in the process. Once accomplished this allows the fundraising team to evolve it’s own style of working with donors. Over time the culture of stewardship can grow and thrive within the organization in such a way that donors can feel a genuine sense of belonging, an attachment to what you do and why you do it. Stewardship guidelines Do you rely on your memory about how you or a departed staff person last spoke to or communicated with a Major Gift donor? Do you have a system in place to write down and record stewardship activities for future reference? Do you have a consistent process of engaging and qualifying donors in one category to see if they are suitable to move to the next level? Stewardship guidelines can help. Clearly defined parameters in donor relations can help boost efficiency, productivity and the morale of fundraisers. Intangibles like internal morale and sense of purpose, can be galvanized in the process of defining what a fundraiser does. How much time do you spend on developing a Mission Statement? How much time did you spend defining stewardship? Recently stewardship has begun to develop an infrastructure, more formalized in the large shops and less so in the smaller ones. Stewardship is much more than just saying thank you after a donation has been received. There is a series of steps and process, there is an attitude, there is a culture of stewardship that surrounds and envelopes people. Saying thank you is just one step in the stewardship circle. How do you define stewardship? Jot it down and refer back later on, see if your perspective has changed. There is a transformation underway in the fundraising community that is centered around the concept of stewardship. The appointment of staff, the allocation of budget, the heightened awareness of the very word stewardship is evolving before our eyes. In the introduction I likened this emergence to a butterfly with a unique life force all unto itself. The inference of stewardship extends beyond information management of donors. In early November of 2003, at the New England Stewardship Conference, a new entity the Association for Donor Relations Professionals (ADRP) was formally announced. Position announcements are calling for a Director of Stewardship in education, health care, social services, the arts community and other fundraising organizations. The transformation is gathering speed and with it comes the layers of complexity justly deserved for a notion that was once just a wink and a nod and hearty thank you embrace. Theory of Implied Stewardship Something new to think about. Why does a first time donor choose a specific charity for their donation? The reasons are likely varied depending on the individual and what has touched them in their lifetime. One underlying premise is that the donor selected that charity because they had faith in what the charity was going to do with their donation. How did they arrive at that decision? History. The historical past of the charity comes to bear on the current day decisions to make a donation. The outward stewardship of previous fundraising efforts is distributed throughout the community by press releases, TV interviews, newspaper thank you ads and word of mouth from one person to the next. Long before the fundraising ASK is made the prospective donor has an opinion about the charity. An opinion that is shaped in a modest way by the implied messages, of stories of how the charity has been accountable for money raised and spent. Stewardship extends in two directions, back to the current donors and forward in an implied context to those who would consider the charity with their next gift. Get people talking about stewardship Make some notes, shares your thoug Be A Pro With Your Logo ters have been organized in such a way as to get you thinking about what, how and why you do things in donor relations.Want to bring recognition and credibility to your company? Obviously the answer is yes, but how do you do it? The most recognizable feature of most products is the logo. It’s best to make this feature stand out because a logo is more than just a symbol, it’s a statement.Merriam-Webster’s dictionary defines a logo, or logotype as: an identifying symbol (as used in advertising). When consumers see your logo, you want them to recognize what it is, and what it represents. No matter the size of your business, logos are one thing where the playing field is level for everyone. Small mom-and-pop shops can have as good of a logo as the largest corporation in the world. It’s more about what the logo represents than the actual design.The company logo should represent the image that you want to portray. Whether that is cutting edge with flashy graphics and bright colors, or simple designs which represent tradition and reliability. The logo can say whatever you want it to, that’s the beauty of it. It should serve as a reminder, or extension of what your company is about.A great example of this is the Apple co Throughout this section you will find some Workbook Questions for you to answer. Go ahead, jot down some notes, some ideas that come to mind. You can use this publication as part of your fundraising toolkit. This article is a keeper. One that you will want to go back and refer to six months, maybe a year from now to track your progress along the journey. So grab a pen and jot it down as you go. Question: How much does it cost to acquire a new donor for your organization? Choose Annual Giving, Major Gift or Planned Giving as your base. Or you could do this for all three. ___________________________________________________________________ ___________________________________________________________________ ___________________________________________________________________ Question: How often do you look at these management statistics on acquiring new donors? (circle your answer) A. Every six months Some charities have become proactive in enhancing the relationships with their donors. Part of the process begins with effective plan on how to access and use the database systems you have paid for. Information management is becoming increasingly important. However, research suggests that something is missing in many fundraising shops. There appears to be a direct correlation between the importance given to stewardship and the fundraising success of the organization. Better stewardship……..better results. A starting point Stewardship means many things to the fundraising community. How would you define it and more importantly, how does the rest of your fundraising team define the concept called stewardship? Once you make your notes, share with a fundraising associate and see what they think. Do you share the same point of view? __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ Being able to agree on a common definition of “stewardship” is a formative step in the process. Once accomplished this allows the fundraising team to evolve it’s own style of working with donors. Over time the culture of stewardship can grow and thrive within the organization in such a way that donors can feel a genuine sense of belonging, an attachment to what you do and why you do it. Stewardship guidelines Do you rely on your memory about how you or a departed staff person last spoke to or communicated with a Major Gift donor? Do you have a system in place to write down and record stewardship activities for future reference? Do you have a consistent process of engaging and qualifying donors in one category to see if they are suitable to move to the next level? Stewardship guidelines can help. Clearly defined parameters in donor relations can help boost efficiency, productivity and the morale of fundraisers. Intangibles like internal morale and sense of purpose, can be galvanized in the process of defining what a fundraiser does. How much time do you spend on developing a Mission Statement? How much time did you spend defining stewardship? Recently stewardship has begun to develop an infrastructure, more formalized in the large shops and less so in the smaller ones. Stewardship is much more than just saying thank you after a donation has been received. There is a series of steps and process, there is an attitude, there is a culture of stewardship that surrounds and envelopes people. Saying thank you is just one step in the stewardship circle. How do you define stewardship? Jot it down and refer back later on, see if your perspective has changed. There is a transformation underway in the fundraising community that is centered around the concept of stewardship. The appointment of staff, the allocation of budget, the heightened awareness of the very word stewardship is evolving before our eyes. In the introduction I likened this emergence to a butterfly with a unique life force all unto itself. The inference of stewardship extends beyond information management of donors. In early November of 2003, at the New England Stewardship Conference, a new entity the Association for Donor Relations Professionals (ADRP) was formally announced. Position announcements are calling for a Director of Stewardship in education, health care, social services, the arts community and other fundraising organizations. The transformation is gathering speed and with it comes the layers of complexity justly deserved for a notion that was once just a wink and a nod and hearty thank you embrace. Theory of Implied Stewardship Something new to think about. Why does a first time donor choose a specific charity for their donation? The reasons are likely varied depending on the individual and what has touched them in their lifetime. One underlying premise is that the donor selected that charity because they had faith in what the charity was going to do with their donation. How did they arrive at that decision? History. The historical past of the charity comes to bear on the current day decisions to make a donation. The outward stewardship of previous fundraising efforts is distributed throughout the community by press releases, TV interviews, newspaper thank you ads and word of mouth from one person to the next. Long before the fundraising ASK is made the prospective donor has an opinion about the charity. An opinion that is shaped in a modest way by the implied messages, of stories of how the charity has been accountable for money raised and spent. Stewardship extends in two directions, back to the current donors and forward in an implied context to those who would consider the charity with their next gift. Get people talking about stewardship Make some notes, shares your thou Plastic Pen Collections between the importance given to stewardship and the fundraising success of the organization. Better stewardship……..better results.Some people collect stamps, others show off their shot glasses from around the world. There are a few people that enjoy collecting plastic pens of all types. A few collectors even have websites that show off their plastic pen collections. Just a few collections are outlined below.Suzanne’s Pen Collection, Alabama. Well over a thousand pens, this collection is primarily made up of printed plastic pens, mostly ballpoint. She is particularly fond of plastic pens that advertise a particular business, event or place. Her favorites aren’t ballpoints at all but felt tip and gel plastic pens.Stephen’s Pen Collection, Rhode Island. Steve prefers plastic pens with animal logos and themes. This fourteen year old has been collecting animal pens since before he began kindergarten. Eventually, Steve would like to be a veterinarian and order his own printed plastic pens with animal prints on it.Georgia’s Writing Instrument Collection, Kansas. Georgia has been collecting pencils, pens and markers since 1998. Her collection ranges from pencils with replaceable lead (marketed for a short time in the 90’s) and bent pencils to A starting point Stewardship means many things to the fundraising community. How would you define it and more importantly, how does the rest of your fundraising team define the concept called stewardship? Once you make your notes, share with a fundraising associate and see what they think. Do you share the same point of view? __________________________________________________________________________________ __________________________________________________________________________________ __________________________________________________________________________________ Being able to agree on a common definition of “stewardship” is a formative step in the process. Once accomplished this allows the fundraising team to evolve it’s own style of working with donors. Over time the culture of stewardship can grow and thrive within the organization in such a way that donors can feel a genuine sense of belonging, an attachment to what you do and why you do it. Stewardship guidelines Do you rely on your memory about how you or a departed staff person last spoke to or communicated with a Major Gift donor? Do you have a system in place to write down and record stewardship activities for future reference? Do you have a consistent process of engaging and qualifying donors in one category to see if they are suitable to move to the next level? Stewardship guidelines can help. Clearly defined parameters in donor relations can help boost efficiency, productivity and the morale of fundraisers. Intangibles like internal morale and sense of purpose, can be galvanized in the process of defining what a fundraiser does. How much time do you spend on developing a Mission Statement? How much time did you spend defining stewardship? Recently stewardship has begun to develop an infrastructure, more formalized in the large shops and less so in the smaller ones. Stewardship is much more than just saying thank you after a donation has been received. There is a series of steps and process, there is an attitude, there is a culture of stewardship that surrounds and envelopes people. Saying thank you is just one step in the stewardship circle. How do you define stewardship? Jot it down and refer back later on, see if your perspective has changed. There is a transformation underway in the fundraising community that is centered around the concept of stewardship. The appointment of staff, the allocation of budget, the heightened awareness of the very word stewardship is evolving before our eyes. In the introduction I likened this emergence to a butterfly with a unique life force all unto itself. The inference of stewardship extends beyond information management of donors. In early November of 2003, at the New England Stewardship Conference, a new entity the Association for Donor Relations Professionals (ADRP) was formally announced. Position announcements are calling for a Director of Stewardship in education, health care, social services, the arts community and other fundraising organizations. The transformation is gathering speed and with it comes the layers of complexity justly deserved for a notion that was once just a wink and a nod and hearty thank you embrace. Theory of Implied Stewardship Something new to think about. Why does a first time donor choose a specific charity for their donation? The reasons are likely varied depending on the individual and what has touched them in their lifetime. One underlying premise is that the donor selected that charity because they had faith in what the charity was going to do with their donation. How did they arrive at that decision? History. The historical past of the charity comes to bear on the current day decisions to make a donation. The outward stewardship of previous fundraising efforts is distributed throughout the community by press releases, TV interviews, newspaper thank you ads and word of mouth from one person to the next. Long before the fundraising ASK is made the prospective donor has an opinion about the charity. An opinion that is shaped in a modest way by the implied messages, of stories of how the charity has been accountable for money raised and spent. Stewardship extends in two directions, back to the current donors and forward in an implied context to those who would consider the charity with their next gift. Get people talking about stewardship Make some notes, shares your thou Accounting - Net Operating Losses ble to move to the next level? Stewardship guidelines can help.A Net Operating Loss is considered when the total income of a business or profession is less than its expenses or losses. A net operating loss (NOL) can apply to individuals, estates and trusts, if deductions exceed their income from all sources, personal or business-related. However, a business cannot operate at a lost forever. Normally, a business is expected to realize a profit within three to five years. These entities are expected to keep its accounting records accurate and in order, so that required information is readily available. The information will reveal the overall financial condition of the owner and the business.Accounting for a Net Operating Loss of your business is outlined in income tax laws, which require each owner of a business to report the details of the business operation as part of the owner's personal income tax return. A net operating loss is normally carried back over the two preceding years to offset taxable income. This process requires an amended return for the years involved. If the carry-back does not use up the loss, it can be carried forward until the remainder is used up. In 2 Clearly defined parameters in donor relations can help boost efficiency, productivity and the morale of fundraisers. Intangibles like internal morale and sense of purpose, can be galvanized in the process of defining what a fundraiser does. How much time do you spend on developing a Mission Statement? How much time did you spend defining stewardship? Recently stewardship has begun to develop an infrastructure, more formalized in the large shops and less so in the smaller ones. Stewardship is much more than just saying thank you after a donation has been received. There is a series of steps and process, there is an attitude, there is a culture of stewardship that surrounds and envelopes people. Saying thank you is just one step in the stewardship circle. How do you define stewardship? Jot it down and refer back later on, see if your perspective has changed. There is a transformation underway in the fundraising community that is centered around the concept of stewardship. The appointment of staff, the allocation of budget, the heightened awareness of the very word stewardship is evolving before our eyes. In the introduction I likened this emergence to a butterfly with a unique life force all unto itself. The inference of stewardship extends beyond information management of donors. In early November of 2003, at the New England Stewardship Conference, a new entity the Association for Donor Relations Professionals (ADRP) was formally announced. Position announcements are calling for a Director of Stewardship in education, health care, social services, the arts community and other fundraising organizations. The transformation is gathering speed and with it comes the layers of complexity justly deserved for a notion that was once just a wink and a nod and hearty thank you embrace. Theory of Implied Stewardship Something new to think about. Why does a first time donor choose a specific charity for their donation? The reasons are likely varied depending on the individual and what has touched them in their lifetime. One underlying premise is that the donor selected that charity because they had faith in what the charity was going to do with their donation. How did they arrive at that decision? History. The historical past of the charity comes to bear on the current day decisions to make a donation. The outward stewardship of previous fundraising efforts is distributed throughout the community by press releases, TV interviews, newspaper thank you ads and word of mouth from one person to the next. Long before the fundraising ASK is made the prospective donor has an opinion about the charity. An opinion that is shaped in a modest way by the implied messages, of stories of how the charity has been accountable for money raised and spent. Stewardship extends in two directions, back to the current donors and forward in an implied context to those who would consider the charity with their next gift. Get people talking about stewardship Make some notes, shares your thou The Personality of a Home-Based Entrepreneur nnouncements are calling for a Director of Stewardship in education, health care, social services, the arts community and other fundraising organizations.Working from home isn’t for everyone. I wish that I could say that it is. After all, it’s an amazing alternative to the grind of the corporate life. But, alas, that just wouldn’t be true. The reality is that it takes a certain personality and set of traits to work from home. Before you quit your job, you should take an honest inventory of yourself and decide what your strengths and weaknesses are.You will have to be flexible. If you’re going to work from home, you likely have a spouse and children. They are going to have emergencies. They are going to need to talk. They are going to want to eat or get a drink. They will expect you to stop what you’re doing. While you shouldn’t stop for every disturbance, you should be able to set aside your work when necessary to attend to other matters.You also have to have self-discipline, however. It would be wonderful to drop everything and spend time with your spouse when he or she gets home, but if you’re not done working, it’s a terrible idea. Working from home means that you have to be willing and able to force yourself to work even on beautiful days when you don’t want to The transformation is gathering speed and with it comes the layers of complexity justly deserved for a notion that was once just a wink and a nod and hearty thank you embrace. Theory of Implied Stewardship Something new to think about. Why does a first time donor choose a specific charity for their donation? The reasons are likely varied depending on the individual and what has touched them in their lifetime. One underlying premise is that the donor selected that charity because they had faith in what the charity was going to do with their donation. How did they arrive at that decision? History. The historical past of the charity comes to bear on the current day decisions to make a donation. The outward stewardship of previous fundraising efforts is distributed throughout the community by press releases, TV interviews, newspaper thank you ads and word of mouth from one person to the next. Long before the fundraising ASK is made the prospective donor has an opinion about the charity. An opinion that is shaped in a modest way by the implied messages, of stories of how the charity has been accountable for money raised and spent. Stewardship extends in two directions, back to the current donors and forward in an implied context to those who would consider the charity with their next gift. Get people talking about stewardship Make some notes, shares your thoughts with colleagues in and outside of your organization. Stewardship will be defined in the manner you choose it to be. One thing is for certain, accountability will be foremost in the eyes of the donors. “…the mind once expanded by a new idea can not shrink back to its original size.” ( from an unknown author.) This article will attempt to present ideas and best practices in the field of stewardship, information you can use today. What is the largest gift your organization ever received? _______________________________ Why did the donor make that gift? __________________________________________________ What type of stewardship procedures do you use for ONLINE Donors? ____________________ ______________________________________________________________________________ When was the last time you reviewed ALL the Stewardship Procedures? ___________________ Set an exact date for the next review and write out your GOALS in Advance. ________________ _____________________________________________________________________________ _____________________________________________________________________________ Be awesome……..make a difference today! Dig In Research
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