Wednesday, February 5, 2020

Election Is Double-Edged Sword for Fundraisers

Nonprofit fundraisers are entering a presidential election year, arguably one that is more contentious and partisan than usual. Will that be good or bad for fundraising? What strategies will help navigate the political crosscurrents to reap donations? Research by online fundraising platform Classy has found that an "election effect"can drive an "unprecedented increase" in recurring donations for some nonprofits aligned with politically charged issues. Per 2019 Classy research, 46% of respondents said their political beliefs dictate the organizations or causes that will receive their donations. Classy suggests some basic strategies to use political winds to propel efforts to bump up new donors and recurring donations: 1) go back through donor data from the 2016 election to see how donations were affected before and after election day, taking into account political party as well as demographics and the timing of spikes; 2) pay attention to news about political issues that my relate to your cause for timely and targeted positioning of appeals; 3) reach out to existing donors and ask how the 2020 election is impacting plans to donate in order to decide how and when it's best to ask for a donation; and 4) embrace flexibility in strategy so that you can adjust efforts to shifts in the national conversation. But not all nonprofit causes can be linked to political issues. In a Forbes magazine post, Gloria Horsley, founder of Open to Hope Foundation, acknowledges the positive "election effect" for fundraisers that align with political agendas but notes a potentially negative impact on other nonprofits when more politically charged sectors noisily take center stage and siphon donor attention. One approach for nonprofits that can't leverage political issues is to illustrate how helping the nonprofit can produce tangible results, in contrast to the less certain outcomes of political efforts. Donors with an emotional connection to an organization will dig deeper and stay longer—even in an election year. That's where storytelling content makes a difference. In a post for the Association of Fundraising Professionals (AFP), fundraising consultant Linda Wise McNay cites storytelling as one of the top eight 2020 trends that nonprofits should embrace. She urges fundraisers to collect intimate, personal stories about beneficiaries of the nonprofit's work, and then share those stories in print, online, on the phone and in person. McNay of AFP also sounds a note of caution about politicizing efforts: "Be wary of saying anything too controversial to your constituents that may be considered taking a position on one side or the other....Your goal is to be still operating after the election, no matter which side wins the election in November." See our website post at https://www.acculist.com/election-year-is-double-edged-sword-for-nonprofit-fundraisers/

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