Your destination for insight into the world of event fundraising, charity auctions and no-risk travel packages.
So many nonprofits are scared to ask for what they want. "I'm being an imposition." "Asking for the organization sounds like I'm asking for myself." "They'll probably say no." Sound familiar? Fact is, if you don't ask, you can't further your programs and multiply your impact. In today's post, nonprofit coach Lynda West draws from years of mentoring charities to discuss how peer-to-peer mentoring groups, called "masterminds", can help you get to the next level of fundraising success. Get 3 concrete tips to gain confidence and ask for what's needed to achieve your goals. Then head over to our weekly podcast, Events with Benefits, for the full 30-minute episode all about persevering through many common challenges nonprofits face. Joining a Nonprofit "Mastermind" First, what is a "mastermind"? Forbes defines a mastermind as "a group of smart people [that meets] weekly, monthly, daily even if it makes sense, to tackle challenges and problems together. They lean on each other, give advice, share connections and do business with each other when appropriate." Peer-to-peer mentoring can be very powerful. That's why joining - or creating - a group of like-minded fundraising professionals is the #1 thing you can do to get to your fundraising efforts to the next level. Here's why. 1. Provides accountability "I mentor people both remotely (via Zoom web conferencing) and locally," West says, "and I've found that what matters most is not their location, but how much time they're willing to devote to the program."
The dreaded “ask”. Asking for money is by far the most challenging aspect of fundraising, but it doesn’t have to be! When soliciting donors for money, your chances for success will greatly increase if you avoid these common mistakes.
When it comes to silent auctions, there is a common misconception with both auction planners and prospective bidders that there is one winner for each item. While that may be true for many items on a silent auction table, this is not the case with Winspire’s no-risk travel, entertainment and sports packages. Each of our packages has been developed so that they can be sold multiple times in a single event.
When asking for donations many people don’t think of asking for a second item. Asking for that second donation can greatly increase your revenue in the auction because you can now sell the same item to two people in the auction and double your revenue. For example if you are able to secure two donated tickets to a major sporting event and sell them in your auction for $200, imagine if you had a second pair that you could sell to a second bidder for an additional $200. You just increased your net revenue from $200 to $400 just by asking for a second pair of tickets. When asking for the second item, many people will be more than willing to make the extra donation but you first have to ask.
We wanted to share a comment from one of our winning bidders who recently returned from his Charleston Luxury Getaway...
Winspire is happy to spotlight an upcoming special fundraising event for Ohr-O'Keefe Museum of Art in Mississippi that has a unique and fun theme this year. The Beau Rivage Resort & Casino will be presenting the 10th Annual George Ohr Gala with a James Bond theme of "Diamonds Ohr Forever." When we think of James Bond, we think of exotic European locations and fast cars. In order to maximize their auction revenue, they have selected a few Winspire packages for their up-coming event that compliment the Bond theme, including: Exotic Supercar Driving Experience and a spectacular trip to Switzerland, Monaco and London. This is the fourth time Winspire has been honored to help support this wonderful museum and their mission.