Four Characteristics of Senior Givers

Four Characteristics of Senior Givers

Four Characteristics of Senior Givers

March 28, 2006

By Abny Santicola, editor, FundRaising Success Advisor

Most nonprofit development professionals know that older donors like to give via direct mail. But what are some other traits of this massive donor demographic?

In a recent conversation, Harvey McKinnon, president of Harvey McKinnon Associates, a donor-relationship consultancy based out of Vancouver, British Columbia, Canada, shared some of the other giving nuances common to senior donors.

1) Seniors are prime candidates for monthly giving. Electronic pledge programs where people give, say, $25 a month to a charity are an easy sell to older donors, McKinnon says. "Seniors are quite up for joining these programs because, as you can imagine, if they have an automatic withdrawal coming from their bank account or are automatically making a pledge on their credit card, that's convenient for them. ... We've seen significant growth of older people joining these programs."

2) They respond well to premiums that honor or pay tribute to others. McKinnon says that he worked with one client on a Mother's Day mailing that included a stylized rose. Recipients were asked to write their name on one side of the rose and the name of a woman they'd like to honor on the other side, and mail the rose in with their donation. "It's more than just a gift; it's something where they can pay tribute to somebody they love," McKinnon says. Seniors, he adds, recognize the power of paying tribute to people in ways that younger people don't.

3) They give primarily to health care, international development and environmental causes. One client McKinnon works with, the Vancouver Island Marmot Recovery Foundation, which works to save the Vancouver Island Marmot from extinction, has a house file comprised of about 80 percent seniors. Of that 80 percent, 80 percent are women.