As volunteers and staff of nonprofit organizations,
we often know how to research and cultivate
prospective major gift donors. We probably
know significant gifts they’ve given
to other organizations, have an idea of
their worth, and what would be an appropriate
“ask” amount. We’ve
practiced the art of “small talk,”
have learned about the donor’s likes
and passions, their family and their business,
and their favorite vacation spots.
At some point, we have to sit down and
ask for the gift.
Here are Ten Tips for Getting the Gift:
1) Make your gift first.
Whether you are a volunteer or a staff
representative, make your gift before
you ask someone else to give. The conviction
that is felt by someone who has already
given can not be duplicated. It makes
a huge difference.
2) Be positive, sincere and passionate
about the cause. Upon greeting
the prospect, be upbeat and passionate
about the cause that you are representing.
This may sound silly to even mention,
but as professionals working with an organization,
we sometimes become laissez faire about
our business. Preparing to make a big
ask requires us to be passionate about
the mission.
3) State the need. After
greeting your prospect, re-state the importance
of the project and how - when it is funded
- it will change lives and/or save lives.
Relate a story of how a life was transformed.
People give major gifts to make a difference
in the world.
4) Ask for a specific amount.
It is critical to ask the prospect for
a specific amount. For example, “Would
you consider an investment of $100,000
over five years for a total of $500,000
to fund the hospital auditorium?”
5) Be quiet and confident.
It is critical not to say anything at
this point but relay confidence in yourself
and the organization through your body
language and facial response. The seconds
that follow may be uncomfortable, so prepare
for it. Eye contact and supportive facial
gestures will relay a quiet confidence.
6) Listen to the response.
Really listen to what the prospect says.
This is where we usually don’t do
a good job because we are nervous and
tend to talk too much. Listen to the response
and determine if they are going to give
at the level requested, if at a lower
level, or if they need to think about
it.
7) Thank the prospect and respond.
It is important to thank them sincerely
for their time and consideration of an
investment in your organization. Regardless
of the response, a sincere thank you and
leaving on a positive note is important.
8) Create a sense of urgency
and determine next steps. Ask
the prospect when the appropriate time
would be to follow up to learn their decision.
It may be important to relay a time frame
upon which you are working. For example
you might say, “We have a goal,
or are trying to meet a challenge grant
to fund this project by the end of June.
May I call you the end of next week to
learn your answer?” Ending with
a specific plan will help you seal the
deal.
9) Respond in writing within
24 hours. Once you have the information,
put it in writing and mail back to the
prospect within 24 hours. This act will
relay a sense of urgency and importance.
It also signals a sense of respect. It
is critical to treat this person with
the respect that they deserve as a major
donor to your organization.
10) Follow up in the agreed upon
time frame. Lastly, put the time
to call the prospect on your calendar
and make sure you follow through. Representing
your organization in a professional manner
is important. Make sure you do what you
said you would do.
Asking for the gift is an unnatural act
for many people. Practicing these tips,
rehearse the actual “ask”
with your spouse or a friend, and visualize
the setting so you will be prepared for
any asking “opportunity” that
comes your way. Did I hear
someone ask for “an investment of
$1 million to fund the XYZ?”