Tuesday, July 24, 2012

Young Supporters: Untapped Potential & No More "It's Been a Tough Year"

Living in a Hoboken, I live in an area that's populated by the word young. Be that young professionals, young families, or with regard to nonprofits in the area, young donors. Recently there has been a great deal of buzz online with regard to how to attract these young donors and the effect their presence will have on an organization's bottom line. Most importantly some things I took away from reading pieces on the Millennials and my own Gen Y.

1. Don't ignore them.  They are ready to give and are going to be an important source of revenue.
2. Don't expect us to volunteer in the same way as previous generations.  I say "we" because I agreed with the study that I when I looked to volunteer I wanted to know how I could bring my professional skills to the volunteer game.  So many of us are looking to advance in careers, get a job, or grow our skills and we've learned that nonprofit volunteering is a great way to do that.  All the things that your volunteer do are wonderful; however I don't know any nonprofit that would (or should) turn away expertise in fields like marketing, fundraising, special events, graphic design, etc. And hold us to a high standard. 
3.  Know where to reach us.  I'm reading my email on the train and checking FB and Twitter while I walk home and my Ipad in Starbucks and so are many other people.  I am NEVER checking my mail.  I hate my mail.  You know what comes in my mail?  Junk, bills, and crap from local politicians.  I take out my Entertainment Weekly and your #10 envelope stays lost.

What's the best strategy for reaching young supporters?  Penelope Burk in an article from the Chronicle of Philanthropy suggests going the social media route and doing more fundraising peer to peer.  This makes me want to sit down with some of the young people in our organization and discuss SM strategy for recruitment and donating and also peer to peer fundraising through some of our local events.

Also, I think every appeal I've read at my own nonprofit, the local nonprofit I work with in 'Boken and anywhere else has started "In these tough economic times...".  I was wondering when the shoe would drop on that tactic and evidently the time has come. 

What takeaways did you find from this article in the Chronicle of Philanthropy?

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