Nonprofit Fundraising Essentials

Take your first step toward a rewarding career in fundraising for nonprofit organizations! In this course, you'll first explore the skills you'll need to become a successful fundraiser. After that, you'll discover where the best corporate and foundation fundraising jobs are and how to apply for them.

By the end of the course, you'll have a wealth of new nonprofit fundraising ideas, and you'll be well on your way to success in this exciting career field.

What you will learn

• Delve into every area of nonprofit fundraising-annual funds, special events, corporate relations, foundation relations, major gifts, and planned giving
• Learn about capital campaigns and why they're a crucial element of nonprofit fundraising
• Hone your own writing skills
• Explore fundraising software tools you can use to track your efforts and enhance your results

How you will benefit

• Gain new ideas for successful nonprofit fundraising
• Open the door to new opportunities as a fundraiser for nonprofit organizations
• Learn how you can better help the causes you care about

Outline

Finding a Position

In this lesson, you'll find out what fundraising is and the role it plays in the nonprofit world. You'll examine a variety of fundraising positions and learn what skills and experiences are needed to succeed in these roles. You'll also get prepared to find a fundraising job by looking at online job resources of particular value to aspiring fundraisers. By the time you've completed this lesson, you'll know how to conduct effective online job searches, understand how to set up email job alerts, and feel more confident about the interviewing process.

Planning an Annual Fund

This lesson will start a discussion of the annual fund. You'll learn important differences between unrestricted, restricted, and in-kind gifts. After that, you'll find out how to get a handle on your organization's annual operating budget so you can communicate knowledgeably about needs with potential donors. You'll practice assembling an annual fund timeline using an interactive game, and then discuss the finer details of a typical 12-month campaign. By the end of the lesson, you'll be ready to develop a timeline that fits the needs of your organization, understand how to structure donor levels effectively, and be better prepared to communicate with donors as prospective volunteers.

Soliciting Annual Fund Gifts

This lesson continues the discussion of the annual fund. You'll learn how to draft an effective letter appeal, with an emphasis on nailing the author's voice and understanding your audience. You'll learn the process of mailing an appeal, including what to put in the envelope, what bulk mail permit to apply for, and how to set up credit card capability so you can accept annual fund gifts via credit card. You'll talk about the pros and cons of using email to solicit gifts. Then, you'll take a look at the phone-a-thon—how it works, what volunteers need from you, and the scenarios you should include in your phone-a-thon script. The lesson will wrap things up with a brief discussion of how to acknowledge a gift in writing.

Special Events Fundraising

This lesson will kick off a discussion of special events, which will cover two lessons. It will start by discussing the role of special events fundraisers within small and large nonprofits, and then you'll take a look at different organizational reporting structures so that you'll know what to expect and to whom you'll be reporting. After that, you'll learn about seven different types of special events used by nonprofits to gather supporters together, publicize their causes, and—hopefully, but not always—raise money. The lesson will wrap things up with a quick look at some of the tax implications of special events.

Organizing a Special Event

Even though they're great for publicizing the good work of your organization, special events aren't always such great moneymakers. For that reason, this lesson will discuss how to make the most of your event budget—and how to avoid ending up in the red. You'll start by costing out a gala event and scrutinizing a hotel contract for hidden fees related to everything from the use of audio-visual equipment to the trash left behind on banquet hall tables. You'll learn strategies for negotiating a hotel contract to protect the interests of your organization. The lesson will also talk about ways to recruit volunteers according to the type of nonprofit you work for.

Foundation Relations

This lesson will begin your exploration of foundation relations. You'll get to know the methods and online tools you can use to locate foundations likely to be interested in funding your organization's needs. You'll also learn how to analyze a foundation's tax return to determine whether it's likely to be a good match for your organization. You'll learn about opportunities available through challenge grants and non-grant-giving foundations and about how to translate your careful research into a cultivation plan designed to produce a proposal that's welcomed by a foundation.

Applying for Foundation Grants

In this lesson, you'll continue to learn about foundation relations by exploring how to further cultivate foundation prospects. You'll learn how to write a one-page query letter that allows you to assess a foundation's interest and also find out how to develop a full-fledged grant proposal. After that, you'll learn about post-award responsibilities, which include writing acknowledgment letters, coordinating publicity with the foundation, and preparing grant reports.

Corporate Relations

This lesson will talk about the work performed by the corporate relations fundraiser. You'll start by exploring what motivates corporate philanthropy and the importance of being a fundraiser who can think like someone involved in the business world. You'll learn how to develop a list of companies likely to want to support your organization and discover how to research those companies to determine whether they're worth cultivation. You'll also find out what corporate foundations and corporate giving programs are and why they're important. Finally, you'll learn about the role of the corporate advisory group.

Major Gifts

The consultations surrounding a major gift donor's decision can take months or years. In this lesson, you'll learn the basics about major gifts, planned giving, and endowments. You'll find out why major gifts are so important, what activities or projects they support, and who major gift donors usually are. You'll find out how to determine and articulate your organization's major gift needs, how to plan a major gift program, and how to work with staff and volunteers to solicit major gifts. The lesson will also talk about what needs to happen after a major gift is received.

Capital Campaigns

This lesson will talk about capital campaigns. You'll learn how a capital campaign differs from the annual fund, why they're so important to nonprofits, and what the campaign funds pay for. You'll discover why collaboration among development staff, volunteers, board members, and other staff within your organization is crucial to a campaign's success. You'll also find out how a campaign's goals are formulated and the kind of planning involved to put it all together.

Web 2.0 Fundraising

In this lesson, you'll learn about Web 2.0 fundraising opportunities, including how to improve your organization's website to make it easier for supporters to donate to your cause. You'll explore how to use social networking sites like Facebook and MySpace to connect with prospective donors and members. You'll also find out why your CEO should be blogging and tweeting and about the ways that you can use multimedia to document and share events with an online community.

Fundraising Software

In the final lesson, you'll explore the ways fundraising software can help you to become a more effective and efficient fundraiser by helping you to manage contacts and track fundraising relationships. Gift tracking, generating reports, storing notes, automating correspondence—all of these tasks are made substantially easier with the right program. You'll learn the difference between customer relationship management (CRM) and fundraising-specific software. You'll also look at some of the top players in the contact management market and discuss their pros and cons.

Prerequisites:

There are no prerequisites to take this course.