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July 27, 2007

Getting it On(line) - fundraising at Blogher 2007

Fundraising
Live notes from Blogher 2007 Getting it On(line) for a cause:  Fundraising -- these amazing ladies chat about successful fundraising campaigns, cool online tools/widgets to get funds together and how to grow your community and reach your goals innovatively and efficiently.  Photo via my happykatie Flickr

Panelists:

Beth Kanter

Raised $800 for Cambodian woman to go to college ($800/year for tuition, room and board) - used Chipin (www.chipin.com) for fundraising.

Cambodian Sara / Bhatoon (= princess) - Beth's daughter.  Monk who gave blessing for children didn't speak English, except for 'lucky children' and 'better life'.

Fundraising isn't about your cause and your organization - it's all about you and why you care.

Great resource - Katya's Non Profit marketing blog: www.nonprofitmarketingblog.com

  • Setting it up - tell your cause (with a personal twist) and stories
  • Prospects - review your contacts, but only those that you really know and know you care -- Flickr / friends
  • Messaging - use personal info (letters, photos, first hand accounts)
  • Materials -
  • Outreach - get
  • Follow up - Beth posts photos and letter updates from

Is it possible to raise a lot of money?  Start small - give us $10 and it will send a Cambodian kiddo to school and completely change their life.  Ask friends to ask friends to ask friends -- start the chain.

Don't make your donor relationships purely transactional - keep them involved and in touch.  Make them part of your community.

Suggestions:  www.chipin.com  // www.sixdegrees.com (working with Kevin Bacon - LOL!!)  -- some of these sites offer matching challenges - you reach a certain number of donors and they match a certain amount of fundraising

Be careful of some fundraising sites, as some charge a certain portion of the proceeds -- up to 10% in some cases!

Kay Lynn Denny (of Kay Lynn's Kitchen)

Offering prizes - specifically prizes that are associated with your readership / community - is a great way to motivate members and visitors to donate and spread the word

Make sure that you clarify where your funds will be going - this adds credibility and excitement to your campaign

'Heeby jeeby computerized thing' = awesome Blogher quote :)

Link love is essential - make your campaign a win-win situation (link to sponsors, winners of raffles/prizes, contributors, volunteers, etc.)

Don't ask just for money - can ask for contributed items / photography lessons / promotion / trade for services

Think of timing - holding a campaign near December could mean people buying tickets or donating for Christmas presents, etc.

Keep costs down by focusing energy and marketing online - great even for promoting an offline event, due to the reach online communication affords

Perseverance - allow yourself the journey

Focus on mutual benefit - win-win is the way to go  // Sacred ethics and commodity ethics

What is the place of Gift economy in nonprofit fundraising? - concept originally by Louis Hyde  // Interesting to consider virtual gifts for donaters

Second Life is a great cost-effective way to fundraise -- events have no overhead and participants are passionate and generous // find ways to connect!

"Maybe it's just the Catholic in me, but you ask often and all the time" - great fundraising quote from audience member :)

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Comments

Thanks for liveblogging this session. I was happy to be able to fill in, but I do want to clarify that it was Pim from Chez Pim who created A Menu for Hope and who deserves the credit for the brilliant and wonderful way she designed the campaign.
You can check out Pim's last fundraising page here: http://www.firstgiving.com/menuforhopeIII

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