It’s shocking to most nonprofits in the peer-to-peer fundraising space when they examine their event data and discover how many participants don’t raise a penny. It’s easy to write off the zero-dollar fundraiser as just part of doing business, but have you looked at how many you really have and how much of a drain it can be on your event? Causes that hold fundraising events, but don’t require fundraising can find that 80% of those who register don’t raise a dime. If your fundraising software is one that charges you by the record, you’re losing money just by having all those zero-dollar fundraisers loitering in your system. We asked DonorDrive staff members Ed Lord, Michelle Steed and Mike Malekoff for their expertise on the matter. From their time recently at the American Cancer Society, Leukemia & Lymphoma Society and JDRF, they've developed many techniques to minimize and eliminate zero-dollar fundraisers.
In these days when nonprofits are trying to eliminate the zero-dollar fundraiser, it’s surprising how organizations are reluctant to require peer-to-peer fundraising minimums for their events. While most cycling events and marathons require fundraising minimums, some into the thousands of dollars, we’re seeing more and more organizations that fundraise with DonorDrive successfully employing fundraising minimums at lesser amounts on walks as well. We spoke with Kim Kraus, in charge of Special Events at Children’s Hospital at Dartmouth-Hitchcock about their CHaD HERO event that uses DonorDrive's Required Fundraising feature. The CHaD HERO is a 5K walk, 10K hike, 5K run, half marathon, family fun run and day-long community festival. The CHaD HERO has had a minimum fundraising requirement for several years. Here’s how their minimums work: “Our current registration fee and fundraising minimum structure is:
On Wednesday February 22, 2012 Paul Ghiz, Managing Partner of DonorDrive Social Fundraising Software and David Hessekiel of the Run Walk Ride Fundraising Council hosted a webinar with special guest Zac Johnson, head of Youth Marketing at Children’s Miracle Network Hospitals. Under Zac’s direction CMN Dance Marathons are held on 150 college campuses across the country and raise $10 million annually. Zac provided us much core insight on the elusive Millennial fundraiser and shared some of Children’s Miracle Network Hospitals’ secrets of success on how they’ve been so effective at engaging today’s college students. We feel this important insight is worth sharing with the non-profit community and assembled some of the Zac’s comments from this hour-long webinar.
Millennials are credited with being the most passionate generation to date, but still nonprofits struggle with how to harness that passion for their organization. It’s important to remember that the biggest value of Millennials to an organization is in participation, rather than in donations. As Millennials age, they're likely to give more, but right now it’s important to think of them as fundraisers for your organization rather than donors.
The game has definitely changed. The most successful nonprofits have looked beyond basic sponsorship and are forming long-term partnerships with corporations. Ed Lord’s new eBook How to Choose a Corporate Partner: for Nonprofits is a complete guide to finding, qualifying and partnering with the best choice in corporations for a lasting relationship. Here are key findings from the eBook:
Social media is accused of driving society apart. But those who see things that way tend to be people clinging to old ways and failing to see the ways that social media is bringing us all closer together. The reality is that social media can create a new, more intimate sense of community. Every one of us has connected with a long-lost friend or relative on Facebook. People who have moved across the country or to the other side of world keep those at home constantly updated on their life via Twitter. And online groups connect people with similar interests across the globe.
At DonorDrive we regularly publish eBooks, white papers and infographics with excellent thought leadership pieces, powerful best practices advice and meaningful peer-to-peer statistics we've pull from hundreds of thousand of donors and participants and hundreds of millions of dollars donated in DonorDrive annually.
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