There is a lot of information floating around on how to increase your church income via traditional and non-traditional means, all created by people with more knowledge and experience than me. What I want to do is offer a little different approach to one particular segment of this conversation.
How to interact with and engage your high capacity donors.
After talking with a number of ministry leaders and high capacity donors, I’ve come to some insights worth sharing.
For our purposes, I’m going to define high capacity as anyone in your pews who has the ability to write you a check on a moments notice for a couple thousand dollars and/or can give over $25,000 annually to your ministry. Some churches are full of these people, others may have just a handful, but the reality is that momentum and change often rests with a leaders ability to engage this group. If you happen to have a professional athlete or heiress in your church, that’s great and these principles still work.
When putting together an engagement strategy for interactions with your high capacity donors, there are many things that are good, but a few that are essential. You will also notice that while this piece is specifically dealing with high capacity donors, many of the same strategies are viable for any potential donor, but they become essential for reaching High capacity donors.
High Capacity Donors want to know that their gift is making a difference. These are people who are bombarded by requests for funds on an almost daily basis. Only three out of ten Americans give any amount to charity, and the average gift among those is around $4,800. So when you are interacting with the most generous and able of donors, you must realize what every other non-profit realizes, this is a small and highly sought after group.
So here are the questions you must answer from the donors perspective—
Is this the best use of my funds? Why should the donor write that check to your church instead of another one, or Compassion, or any number of other worthwhile high impact non-profits.
What happens as a result of this gift? A clear, compelling set of outcomes is essential to getting extreme financial buy-in. Nearly as important, you must also answer the question of what happens if the goal isn’t met, sometimes the pain of what would be missed is as great as the joy of what can be gained.
Also remember my three laws of fundraising—
Be Clear-These are often very busy people with lots of things going on and lots of request of their time and resources, the first step to engagement is a clear message. These people are comfortable talking about money and appreciate it when you are too.
Be Concise-High capacity donors appreciate direct, concise, communication.
Be Compelling-it’s one thing to lay out the dollars and sense reasons for why you need their funds, its an entirely different thing to show them the real life change that will or won’t happen based on their involvement.
By engaging your High Capacity Donors, your ministry will be more fully funded, and your givers more fully engaged and developing in one of the gifts that God has given them. The more you can engage them and also get them interacting with EACH OTHER, the better it will be for your ministry.
The days of expecting High Capacity Donors to keep writing checks out of obiligation are quickly fading. They want to be good stewards, and expect the same of organizations they fund.
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