“Fundraising is a contact sport.” A good friend of mine said this to me early in my fundraising career, and it stuck with me ever since.
I served in several sales jobs prior to securing my first fundraising job in 2008, and I knew this to be true of sales. Closing deals requires a lot of back and forth with the client – sometimes it can take as many as a dozen or more touches to close one big deal. Same is true in fundraising. Closing big gifts takes much more than a “one and done” visit, and the donor will rarely drive the momentum. It’s up to you – the fundraiser – to keep pushing the deal forward – politely, professionally, and persistently.
The skills I acquired in sales—prospect and lead generation, networking, building a dynamic sales funnel, getting appointments, and closing deals through solution based selling—served me well when I transitioned into a career in major gift fundraising. But the skill that served me best in sales was the same one that serves me well in fundraising – polite, professional persistence.
After 8 years of working in the fundraising space, now in a consulting role, my biggest disappointment is seeing too many fundraisers who give up too easily.
Fear of rejection and failure are palpable. Frankly too many fundraisers almost seem intimidated by major donors, and in my estimation approach them in an apologetic manner. They often make one sheepish ask and then don’t follow up to try to “close the deal”.
I also frequently encounter ownership issues, hearing something along the lines of, “these are my relationships, and I know them and because I know them I can tell you that they don’t want to be asked for money at this time.” Rather than going out and trying to close deals with their donors, these staff members almost see themselves as “gatekeepers” to the relationship.
So what’s the solution? I would suggest the following eight tips:
Fundraising is a contact sport. It takes multiple contacts to close a gift. Each one might only move the ball down the field a few yards. But keep moving the ball forward, and you will cross the goal line.