Smartideas

Yes, you have to spend money to raise money, but…

A lot of money spent on fundraising has little or no effect on fundraising results. And when you spend money on the wrong things, you under-invest in the right ones and put good people in service to flawed, short-sighted tactics. What we do and don’t spend money on reveals an organization’s level of fundraising sophistication and attunement to current and emerging philanthropic realities.

The mega-trends in fundraising are powerful and obvious although there may be geographical variances and anomalies for highly respected organizations. They include:

  • From single-act fundraising to philanthropic partnership building
  • From “corporate speak” to honest dialogue
  • From seeking to draw donors into one place to offering various portals of purpose
  • From mass marketed to micro-targeted appeals
  • From pitches to conversations
  • From strategic pillars to how people can help people

These are the mega-trends because they are the most adaptive and responsive to changing donors’ sensibilities.

You don’t just spend money to raise money, you have to spend money on the right things for the right reasons. You have to spend more on fundraising strategies that are philanthropically preservative and regenerative and avoid those that are tired and depletive.

 

Jim Langley is the president of Langley Innovations. Langley Innovations provides a range of services to its clients to help them understand the cultural underpinnings of philanthropy and the psychology of donors and, with that knowledge, to develop the most effective strategies and tactics to build broader and more lasting communities of support. Jim has authored numerous books including his most recent book, The Future of Fundraising: Adapting to New Philanthropic Realities, published by Academic Impressions in 2020. 

Related Resources:

LIKE THIS BLOG POST? SHARE IT AND/OR LEAVE YOUR COMMENTS BELOW!
Jim Langley

Share
Published by
Jim Langley

Recent Posts

Understanding Wealthy Donors – 3 Truths Every Gift Officer Needs to Know

There’s a chasm in major gifts fundraising. It lies between the wealthy donors who often…

16 hours ago

Fundraising’s Worst Oversimplification

Fundraising's worst oversimplification is: “People give because they’re asked.” That’s like saying those who agree…

6 days ago

What Gift Officers Should Put in Their LinkedIn Experience Section

If you’ve read our other posts about LinkedIn, you understand that the point of your…

1 week ago

The Most Important Fundraising Metric: The 20-Year Relationship

When we conduct our Vital Signs Assessment, looking for indicators of fundraising success or struggle…

2 weeks ago

Why Organizations That Institute the Greatest Demands for Accountability Perform So Poorly

For the most part, everyone agrees that metrics are good. Accountability is good – even…

2 weeks ago

Don’t Just “Find” Donors; Build Relationships for Lasting Impact

"Where do we find donors?" I'm asked that question quite a bit. To begin, let's…

3 weeks ago