Data Mining

The 1990s marked a turning point in how nonprofit organizations regard women donors — as a financially high-powered cadre poised to give unprecedented amounts of time and money to charity.

African Americans currently make up 13 percent of the population, according to U.S. Census Bureau data. In 1990, the bureau charted the African-American community to grow by 68 percent before 2030. But despite this growing demographic — currently 38.3 million individuals representing a buying power of $631 billion — many majority nonprofit organizations have only recently begun focusing efforts on soliciting support from the black community.

Once considered haphazard and uncoordinated, international relief and rescue efforts have come into their own as vital fundraising campaigns. Whether responding to the grave effects of a natural disaster or to the plight of malnourished children in third-world countries, organizations such as American Red Cross, CARE, UNICEF, Food for the Hungry, International Rescue Committee and a host of others have heeded the global call.

The struggling economy has made it a challenging time for fundraisers. With disposable income harder to come by, there are fewer dollars to be had and the same number of nonprofit organizations — or even more — competing for them.  

Tough economic times also mean there are more people who need the help that charitable organizations provide.

So how can fundraising professionals determine how much to ask from donors? What formulas should they use — or not use? What else should they consider when determining the “ask”?