In all my years of fund raising, both doing it and teaching it, every successful experience comes down to understanding 5 fundamental truths or axioms. They are:
- People only give to people.
- People give to your future.
- People give to success.
- People get something from giving.
- People don’t give unless they’re asked.
Here’s what #2 means:
People give to your future. Many nonprofit organizations and charities are steeped in a rich history, which bodes well for establishing credibility. But history is not what excites donors. They are interested in giving to your future, not to your past – much like an investor is interested in what their money will “buy” or “earn” going forward. This is why strategic planning is inextricably tied to successful fund raising.