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	<title>CCCC BlogsMajor gifts Archives - CCCC Blogs</title>
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		<title>A Strategy for Asking for Major Gifts</title>
		<link>https://cccc.org/news_blogs/john/2009/07/13/a-strategy-for-asking-for-major-gifts/</link>
		<comments>https://cccc.org/news_blogs/john/2009/07/13/a-strategy-for-asking-for-major-gifts/#respond</comments>
		<pubDate>Mon, 13 Jul 2009 21:47:59 +0000</pubDate>
		<dc:creator><![CDATA[John Pellowe]]></dc:creator>
				<category><![CDATA[Christian Fundraising]]></category>
		<category><![CDATA[Fundraising]]></category>
		<category><![CDATA[Healthy]]></category>
		<category><![CDATA[Sufficient Resources]]></category>
		<category><![CDATA[Donor acquisition]]></category>
		<category><![CDATA[Major gifts]]></category>
		<category><![CDATA[Finances]]></category>

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		<description><![CDATA[<p>One of the professors here at Harvard is an exceptionally good fundraiser. His track record is outstanding. having raised $650M. Here are some of his tips. <a href="https://cccc.org/news_blogs/john/2009/07/13/a-strategy-for-asking-for-major-gifts/" class="linkbutton">More</a></p>
<p>The post <a href="https://cccc.org/news_blogs/john/2009/07/13/a-strategy-for-asking-for-major-gifts/">A Strategy for Asking for Major Gifts</a> appeared first on <a href="https://cccc.org/news_blogs">CCCC Blogs</a>.</p>
]]></description>
				<content:encoded><![CDATA[
<p>One of the professors here at Harvard is an exceptionally good <strong>fundraiser</strong>. His track record is outstanding and he shared his best practices to help us do our own fundraising.</p>



<h2 class="wp-block-heading">Three Circles of Giving</h2>



<p>His research shows that people who give to charity usually give 40-60% of their <strong>donations</strong>&nbsp;to one to three charities working in their areas of core interest.&nbsp;They give another 20-30% to another four charities or so that are working in areas that are priorities for them. The remainder of their donations are what he calls &#8220;chequebook gifts&#8221; (oops—I&#8217;m in the States today, so that&#8217;s checkbook gifts).&nbsp;These are gifts that may be sizable to you but to them they are amounts they don&#8217;t even have to think about.&nbsp;They don&#8217;t care too much about what you do, but they&#8217;ll give you something so you&#8217;ll go away.</p>



<p>The point for fundraisers&nbsp;is you need to realize what kind of a&nbsp;gift you are receiving—core, priority or chequebook?&nbsp;If you do not know you are receiving a core gift, then you probably aren&#8217;t.&nbsp;Most likely you are getting a chequebook gift.</p>



<h2 class="wp-block-heading">A Strategy for Asking for Money</h2>



<p>Your goal is not to become a core interest of theirs since it will be very difficult to displace an organization or cause that is already in the core.&nbsp;A good goal would be to be at or near the top of their second-level priority gifts. You&#8217;d like to be 4th or 5th on their list.</p>



<p>An approach this professor finds effective is to thank the person for all the good work they are already doing in the world.&nbsp;After thanking them, say that your ministry is doing work that they care about and that you&#8217;d like to suggest doing something together that will be important and special to the donor.&nbsp;You should know the prospective donor well enough that you have a project or program that you believe will excite them.</p>



<p>Three questions you should answer if you want <strong>major gifts</strong> are:</p>



<ol class="wp-block-list">
<li>Are we doing important work?&nbsp;Show them how what you do relates to what they think is important.</li>



<li>Are we well-managed? You should have an accountability plan that includes availability of your financial statements and anything else that shows you are good stewards of the money that flows through your ministry.</li>



<li>Will my gift make a difference? If you&#8217;ve done a logic model for your programs, you should be able to show what the impact will be and how you will know that you have been effective.</li>
</ol>
<p>The post <a href="https://cccc.org/news_blogs/john/2009/07/13/a-strategy-for-asking-for-major-gifts/">A Strategy for Asking for Major Gifts</a> appeared first on <a href="https://cccc.org/news_blogs">CCCC Blogs</a>.</p>
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		<series:name><![CDATA[Harvard Business School]]></series:name>
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