Year-End Tip No. 3: Focus on Female Donors
Many nonprofits receive 40 percent or more of their annual fundraising in the final weeks of the year. Start planning now—don’t wait until it’s too late.
I have a few really hot “tips” for you about year-end giving, but first, here’s the data supporting the “tips.” By sharing these first, my “tips” will be self-evident.
- Charitable gifts were up 3 percent last year, and wealthy individuals were responsible for most of the increase.
- Baby Boomers are today’s major donors. They comprise only 34 percent of all donors, but are giving 43 percent of the money.
- 64 percent of all charitable gifts are made by women, and older women are more likely to give and give more than their male counterparts.
- 89 percent of high net-worth individuals volunteer with nonprofits.
With these four statistics in mind, here we go…
Hot Tip No. 3
Are pictures of girls and women in your promotional materials positioned in a way that invites the attention of new female donors? I suggest that you gather testimony from existing female donors about why they give and post them at your website. Feature their stories by making two-minute videos in which they share what draws them to your work. Given the statistics above, I would urge your year-end drive to be sensitive to this approach.