Staggering, I know.
With that in mind 35 influential leaders from across the nonprofit industry came together at the Growing Philanthropy Summit to develop an action-oriented agenda on growing philanthropy.
Their mission: grow giving!
Adrian Sargeant and Dr. Jen Shang compiled a report on the outcomes of the Summit.
Key themes that emerged include:
- Enhancing the quality of donor relationships
- Developing public trust and confidence in the sector
- Identifying new audiences, channels, and forms of giving with strong potential for growth
- Improving the quality of fundraising training and development
Based on those themes Sargeant and Shang compiled a list of 32 recommendations to help guide the nonprofit industry in growing philanthropy in the coming years.
After you read the list I’d love to hear what additional ideas you’ve got. I’ll get us started with one – Master the multichannel approach to fundraising.
32 Sure Fire Ways to Grow Philanthropy in the U.S.
- Redefine relationships from donor relationships to individual relationships.
- Re-orient toward longer-term measures of fundraising performance.
- Enhance focus on retention and building supporter loyalty.
- Develop a more integrated approach to fundraising.
- Break down organizational silos and encourage greater collaboration between teams.
- Give supporters greater control over the relationship.
- Promote the development of shared back office facilities.
- Tackle high turnover rates in the fundraising profession.
- Educate all stakeholders about the necessity of a longer term and integrated approach.
- Empower the regulators to enforce 100 percent filing of Forms 990 and increase their utility.
- Blow the whistle on organizations claiming to have zero costs of fundraising.
- Fund the development of a website in the United States to educate the public, boards, and other stakeholders.
- Encourage nonprofits to develop complaints schemes.
- Fund the development of a website to facilitate peer-to-peer evaluations of nonprofits.
- Develop new and more appropriate measures of performance.
- Develop the self-regulation of fundraising.
- Encourage the adoption of monthly giving.
- Improve the sector’s engagement with young people.
- Encourage and promote best practices in social media.
- Encourage asset-based giving.
- Develop expertise in broadening participation in giving.
- Improve the quality of bequest fundraising practice.
- Challenge the wealthy to plan their own philanthropy.
- Create a nonprofit mutual fund.
- Leveraging companies to promote philanthropy.
- Invest in the development of fundraising research.
- Create a fundraising research institute.
- Redesign the system of professional development and certification for fundraisers.
- Encourage the development of academic qualifications in fundraising.
- Appoint a “sales force” for the body of fundraising knowledge.
- Call out institutions offering certificates purporting to be qualifications.
- Educate board members about the intricacies of fundraising.
Now it’s your turn …
Now that you’ve see the 32 ways to increase giving in the US it’s time to expand the list. What tips would you add?
Let’s try to make this list 50 strong!