Category: Fundraising tips

It’s Permanent Does Your Year-End Fundraising Drive Include IRA Owners Over Age 70.5

It’s Permanent: Does Your Year-End Fundraising Drive Include IRA Owners Over Age 70.5?

By Laurence A. Pagnoni, MPA With the new tax reform law in place, the ability of your donors age 70.5 and older to donate the distribution from their Individual Retirement Accounts (IRAs) to charity has been made permanent. This is good news. Previously the provision was tenuous and had to be renewed every year. Let me explain. Required Minimum Distribution (RMD) The donor’s required minimum distribution is the minimum amount that he or she must withdraw from their account each year. The IRA holder generally must start taking withdrawals from their IRA, SEP IRA, SIMPLE IRA, or retirement plan account

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Inject Life Into Your Live Auction With Donor Plants

Inject Life Into Your Live Auction With Donor Plants

By Laurence A. Pagnoni, MPA Donor plants are the people that you ask in advance to jump up at your gala’s live auction, raise their hand high, and start (or advance) the bidding. Plants are essential to create energy and set the pace for other attendees to follow, and since the fall gala season is rapidly approaching, chances are good that this is timely counsel as you plan for your big event. The Context A popular fundraising gala idea is to plan a charity auction as the main event. Live auctions work great with galas because guests can bid on their favorite

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How to Review Fundraising Writing Fast

How to Review Fundraising Writing Fast

By Laurence A. Pagnoni, MPA Do you spend a lot of time revising documents produced by fundraisers? Many CEOs have complained to me privately about this. I’m talking about drafts of grant proposals, LOIs, donor appeal letters, fundraising reports, cases for support, newsletters, even donor emails—documents like that. If so, this brief guidance is for you. Over the years I’ve observed that before marking up the entire document, the executive’s role is to first make a determination as to its overall quality. A first determination is a quick assessment. This is where the time-saving aspect comes in. Here are three

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Just Imagine If…The Essential Role of Imagination in Fundraising

Just Imagine If…The Essential Role of Imagination in Fundraising

By Laurence A. Pagnoni, MPA I would bet that your fundraising program is the same year-after-year and that its performance has flatlined. I also know that you can and want to do better. With 30+ years behind me in transforming fundraising programs, I suggest that you consider infusing imagination into your fundraising program to vastly enhance its performance. I am not speaking in the abstract, but from years of observing thousands of fundraisers. I’m talking about a specific skill that fundraisers can develop, a skill essential for securing the largest donations; without it, both the fundraising program and the implementation of the

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Fundraising Instincts

Fundraising Instincts

By Laurence A. Pagnoni, MPA “She has good instincts.” So said the trustee referring to one of LAPA’s major gift consultants. What did he mean? I’ve heard this phrase often regarding fundraisers and other professionals, and have used it myself. Derek Jeter was said to have good baseball instincts. “Good instincts usually tell you what to do before your head has figured it out,” said business executive Michael Burke. Oprah says, “Follow your instincts. That’s where true wisdom manifests itself.” Or consider this from British statesman Stanley Baldwin: “I would rather trust a woman’s instinct than a man’s reason.” Do

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Just One More Thing The Essential Role of Curiosity in Fundraising

Just One More Thing: The Essential Role of Curiosity in Fundraising

By Laurence A. Pagnoni, MPA Inspector Columbo, the star of the 1970s TV series by the same name, was a curious man. Columbo, Played by Peter Falk, was the famous senior homicide detective marked by his rumpled raincoat over his working class suit and tie, a tired worn look that only working for the the Los Angeles Police Department could make. Even more iconic than his look was how he completed his investigative interviews, just when he thought he had all the information he would start to walk away, but then he would stop, sharply turn around, and ask, “um,

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The Do's & Don'ts of Site Visits

The Do’s & Don’ts of Site Visits

By Laurence A. Pagnoni, MPA Site visits are not inspections.  Inspections occur in the military, and if you’ve never served, you have no idea of the horrors inflicted by the very thought of them.  Barracks have to be turned upside-down and inside-out to shake out the tiniest grains of soot, and everything from floors to boots to belt buckles have to gleam like the dawn. Site visits are more like first dates.  The boots only have to be on the right feet, and the buckles need only be fastened.  Funders don’t usually request site meetings unless they’re interested in the

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What Fundraisers Do (And Why It Matters)

What Fundraisers Do (And Why It Matters)

By Laurence A. Pagnoni, MPA Having worked as a professional fundraiser for more than two decades I am convinced that a better understanding of our work is needed. People generally know what an accountant or bookkeeper does. By virtue of television, people think they know what a lawyer or forensic scientist does. But when it comes to fundraising there are two common misperceptions. One: high-end fundraisers who work for the most distinguished hospitals, universities, and museums are thought of as miracle workers who weave magic spells over wealthy philanthropists and mysteriously produce large sums of money for the institutions that

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Fundraisers, Students in Human Behavior

Fundraisers, Students in Human Behavior

By Daniel Doucette In my 20s, I made a colleague cry. That was some 30 years ago. At that time I was in finance and she was in development. I held fast to accounting requirements and she insisted on satisfying a donor’s request. Since then, I’ve witnessed time and again the balancing act that fund raising professionals perform. Fund raising professionals are uniquely suited to step into difficult conversations because of our appreciation for human behavior and our desire to find common purpose. Allow me to explain why. Success as a fundraising professional depends on openness to the nuances of

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Eye to Eye Finance & Fundraising

Eye to Eye: Finance & Fundraising

By Laurence A. Pagnoni, MPA So let’s leave it alone ’cause we can’t see eye to eye There ain’t no good guy, there ain’t no bad guy There’s only you and me and we just disagree Ooh ooh ooh, oh oh oh Dave Mason of Fleetwood Mac, “We Just Disagree.” Central to nonprofit finance is risk reduction, safety, and appropriate accounting controls. Do you agree? In contrast, nonprofit fundraising seeks to seize opportunities, explore donor/funder interests, and deal with uncertainties like funders changing their priorities, donors failing to honor their pledge, or the campaign stalling. Do you agree again? If

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