The Annual Giving Exchange

Dan Allenby's Blog

Ten Things To Do in a New Fiscal Year

July 2nd, 2009 - by Dan Allenby
  1. Write a list of last year’s successes and failures.
  2. Create a mission statement for your Annual Fund.
  3. Send handwritten thank you notes to anyone who made their “first gift” last year.  If that’s more than a few, recruit the help of volunteers, students or colleagues.
  4. Call on three peer programs to compare last year’s results and exchange one big idea.
  5. Create a Twitter page for your organization.  If it already has one, post a tweet to celebrate the beginning of a new year.
  6. Reallocate 10% of your direct mail budget to social media.  If you don’t know how to spend it, use it to hire a consultant.
  7. Estimate the return on investment of your annual giving program (ROI = dollars raised – expenses) and compare it to that of your overall advancement program.
  8. Conduct a donor survey.
  9. Thank all of your colleagues for their help last year.
  10. Join The Annual Giving Exchange – http://agexchange.net

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