NPO 046: Starting a Giving Day for your Small Nonprofit (Molly MacCready, CROSO)
Today's Topic: Creating a Giving Day for your Small Nonprofit
Molly MacCready, executive director of CROSO, shares how CROSO started their Giving Day, #CROSOcommits in 2019 and have grown it to be a significant revenue line on their annual budget.
Nonprofit Spotlight: CROSO
CROSO is dedicated to making possible the transformation of Ugandan communities by providing comprehensive post-secondary scholarships to former street children in Uganda.
CROSO believes providing their scholars with access to higher education gives them the tools to provide for themselves and their families for the rest of their lives. The CROSO scholarship is unique in that the scholars can study at any post-secondary institution in Uganda (university, college or technical school) and can pursue a course that is specific to their skills, talents and dreams. Armed with the academic skills, career skills (learned through their internships) and a new professional network, the graduates have the ability to become leaders in their communities!
Lessons Learned:
In this episode, Molly shares her experiences with starting a Giving Day for her nonprofit. Her lessons learned included:
Setting it up
Choosing a Date
Revenue cycle
Non-saturated time (When do YOU have time?)
Is there an existing recognized day during that time that you can tie to your mission?
Determining Goals
Financial goal:
First one: REALISTIC… want it to be achievable, but not too too easy
Add in a matching donor
Other potential metrics: Number of donors, number of fundraisers
Branding
Name for giving day
Getting peer-to-peer fundraisers
What to expect
Who to invite/target
How to communicate with fundraisers
3-6 months out: let them know it’s happening
1 month out: email with link for sign up and all the details
2 weeks out: get excited with them
1 week out: share toolkit with templates
Day of:
Morning: reminder email
Afternoon/evening: update
What kind of toolkit to provide for them
Social media written post templates
Social media image templates
Email template
Marketing Plan
E-blast to whole donor community a month in advance
Share video 2-4 weeks in advance
Social media posts leading up to the day and several on the day to share updates/progress
E-blast following the day to share the results.