It’s the single most common question I get as I work with nonprofits and charitable organizations on their fundraising efforts. And it’s almost always the first question people have when they reach out to us for consulting help.
And the answer I give is, “Yes…but you probably already know them.”
The reality is that major donors are already on your donor rolls—it's a matter of identifying them. In this series of blogs, we’ll dive deep into who major donors are and how to find (and keep) them. We’ll outline:
Different types of donors and giving styles
Patterns and behaviors that flag prospective major donors
How to cultivate and steward these key givers
A question I’m frequently asked as a consultant is, “What is a major donor?” The answer differs for every organization.
For some, major donors are those who give $25,000 or more annually; for others, it’s those giving $500 or more a month. No matter the monetary level, major donors are:
The largest and most consistent givers
The donors you rely on for the majority of your giving dollars
Many organizations have staff specifically tasked with cultivating and stewarding major donors.
Major donors are rarely new or unconnected to your organization. Most begin by making smaller, consistent gifts. Often, they start as volunteers or highly engaged participants in a specific program area. These individuals:
Have a strong connection to your mission
Sustain important key relationships within your nonprofit
Organizations usually already know the major donors they’re seeking. The key is identifying and engaging them. Here are three groups to focus on:
Established Volunteer Leaders:
Major donors frequently emerge from service on boards, committees, and leadership roles. Get to know these individuals, their reasons for serving, and their passions for your organization.
“Yes” Helpers:
This small subset of supporters always steps up when help is needed. They are deeply engaged with your mission and are a reliable source of support.
Faithful Participants:
These are the individuals, couples, or families who never miss an event and are highly committed to your cause. They often serve as frontline volunteers.
Not everyone in these groups will have the financial capacity to become a major donor, but major donors are almost always found within these communities. It's just a matter of focusing on who they are and nurturing those relationships.
Plus, people in these groups can connect you to others like them. Empower them to be your advocates within their circles of influence.
In the next blog, we’ll explore key patterns and data points that can help you hone in on individuals and families who might just be signaling, “Here I am!”
Timothy L. Smith
Discover the four-part cycle of donor relations and the proven ways your nonprofit can cultivate major donors through authentic relationships and experiences.
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Donors Are People Too
Beautifully practical, straightforward wisdom for dealing personally with your ministry’s highest-potential donors … from a man who has spent his life there! This extraordinary book offers a refreshing new way of thinking and interacting with major contributors and potential major contributors to your ministry – not simply in terms of “fundraising” but as a ministry to them.
Author: Tim Smith
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