How To Reach Wealthy Donors

There are three categories of wealthy donors who give online, according to Joanne Fritze. In this article, we will review these categories and make suggestions for action items you can implement in your approach.

 

1) “Relationship Seekers”
            The research from Convio, Sea Change Strategies, and Edge Research shows these statistics about this group:
--They make up 30% of the wealthy online donors with the average age of 48
--Nearly 90% have given online
--Over 50% say they prefer online giving
--42% read most charity emails
--42% use social networks

 

From these statistics and further research, the general characteristic about this group is that they are looking for an emotional connection with your ministry. For those donors that you do not already have a relationship or connection with, your website and online presence is essential.

 

Action item: Include stories on your website, especially on the donation page. Set up multiple social networking pages (Twitter, Facebook, etc.)

 

2) “All Business”

The research from Convio, Sea Change Strategies, and Edge Research shows these statistics about this group:

--average age is 53.

--75% have given online.

-- 35% prefer to give by mail.

-- One percent visit a charity web site regularly; nine percent read most charity emails.

-- Few engage in social networks online.

-- Describe themselves as those who decide yearly giving in advance.

 

Fritz included this quote from the research: “I personally want to be left alone. That’s my biggest problem with the charities. You send in a check one time and you get inundated with unwanted stuff. Actually, doing online giving seems to help that because you can check all the boxes that you don’t want to be contacted.”

 

This quote gives you an accurate picture. Online giving is a way of convenience. In order to gain such a donation though, offline action must occur. Be respectful and simplistic. Your website should reflect these intentions as well.

 

Action item: Simplify your contact and donation forms so that only the essential information is required. Give people multiple options for their contact preferences.

 

3) “Casual Connectors”

The research from Convio, Sea Change Strategies, and Edge Research shows these statistics about this group:

--average age is 50.

--80% have given online; 50% prefer online giving.

-- Six percent visit charity web sites; 27% read most charity emails.

--few engage in social networks online.

 

This group may be more challenging to pin-point an overall trait, but that is in fact part of the solution. Using multiple approaches with innovative ideas is the key to success. Send a hand-written note to the donor, keep content on your website changing and updated, host a unique fundraiser. The ideas (and possibly fun) are limitless. Value people.

 

Action items: Test different media approaches you could use: writing a letter, create a video, posting a blog, etc.

 -- Jessica High manages research and marketing at Christian Foundation Grants (www.christianfoundationgrants.com) which is a subscription database of foundations that provide grants to faith based organizations. iDonate.com is a website (www.iDonate.com) that allows ministries to receive non cash gifts online

Print | posted on Friday, June 04, 2010 9:01 AM

Feedback

# re: How To Reach Wealthy Donors

Left by chris rotich soi at 6/8/2010 8:36 AM
Gravatar may you be blessed and thanks alot for thinking about us in africa trying to expand Gods ministry despite shortcomings.
may the Lord be with you.

# re: How To Reach Wealthy Donors

Left by Pastor.Jonathan at 6/10/2010 11:33 PM
Gravatar Respected Sir,

I am pastor. Jonathan from India. I have been working as a pastor from last
16 years. I am also working as a community development organizer .I am the
Founder and President to Rural Care Ministries.We are conducting
education,Health,Spiritual,Environment,community development and
Income-generation programmes in rural and remote areas.Our goal is Reach the
Un-reached through gospel. We are doing three fold ministry like feed the
mob,Heal the sickness and preach word of God .

Sir we have 12 pastors in various villages.There are no proper church
buildings in that villages .Because all of our people are agricultural
labourers. They are very poor and not able to support. We are running 4
coaching centers for school going children. There are 160 children are
attending to these classes.We are giving note books and one dress pair every
year.There are some orphan and semi-orphan children these centres. We have
constructed a building for orphan children with some kind support. We have
no proper resources to feed that children. We are also helping to widows .We
have been giving sarees and Blankets to the widows every Christmas.These
progammes are conducting by our own efforts. Sir, we want your kind support
to reach our goals. We have FCRA(Foreign contribution Regulating Act )
number.Please pray for our Ministry.Thanking you.

With kind regards

(K.Jonathan) Chamallamudi(vill)Vatticherukuru(mandal) Guntur(dist)A.P India

# re: How To Reach Wealthy Donors

Left by Dennis Onyango Ojowi at 7/21/2010 12:49 AM
Gravatar many thanks for the good work you are doing to promote the gospel.
This the most valuable thing I have ever met.
thank you very much.

# re: How To Reach Wealthy Donors

Left by Betty Bagonza at 7/23/2010 3:37 AM
Gravatar Thank you for this very good information, i believe it will be able to help me.

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