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The 4 pillars of donor relations / Lynne M. Wester.

By: Material type: TextTextPublication details: Denver, CO : Academic Impressions, 2014.Description: 128 pages : colour illustrations ; 28 cmSubject(s): LOC classification:
  • LB2336  .W470 2014
Contents:
Introduction -- Donor relations : an overview -- Pillar #1 : acknowledgments -- Pillar #2 : stewardship and impact reporting -- Pillar #3 : recognition -- Pillar #4 : engagement -- Shaking the snowglobe : how to implement the changes you've just read about.
Summary: "Fundraising has a major problem facing its sustainability, and it has nothing to do with the charitable tax deduction, with the transfer of wealth, or with the new generation of donors -- the millennials. It has everything to do with donor retention. Average donor retention rates for first time donors hover at a dismal less than 30% rate. Yet a focus on acquisition cannot be the whole solution -- not when studies reveal that donor acquisition costs seven times as much as retention. It's more cost effective to keep the donors an organization has than to chase new ones. A well-executed, strategic donor relations program is key to successful fundraising. In this book, Lynne Wester of Donor Relations Guru® helps you rethink donor relations practices and offers specific tips for more powerful acknowledgements, stewardship and impact reporting, recognition, and donor engagement."

Introduction --
Donor relations : an overview --
Pillar #1 : acknowledgments --
Pillar #2 : stewardship and impact reporting --
Pillar #3 : recognition --
Pillar #4 : engagement --
Shaking the snowglobe : how to implement the changes you've just read about.


"Fundraising has a major problem facing its sustainability, and it has nothing to do with the charitable tax deduction, with the transfer of wealth, or with the new generation of donors -- the millennials. It has everything to do with donor retention. Average donor retention rates for first time donors hover at a dismal less than 30% rate. Yet a focus on acquisition cannot be the whole solution -- not when studies reveal that donor acquisition costs seven times as much as retention. It's more cost effective to keep the donors an organization has than to chase new ones. A well-executed, strategic donor relations program is key to successful fundraising. In this book, Lynne Wester of Donor Relations Guru® helps you rethink donor relations practices and offers specific tips for more powerful acknowledgements, stewardship and impact reporting, recognition, and donor engagement."

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