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Thanking donors contributes to the foundation of an effective fundraising operation. Sometimes sending acknowledgments gets brushed off as a transactional task, but without an effective thank-you plan in place it’s unlikely that your organization will retain a substantial number of donors. And that means that the success of all your other fundraising efforts will be limited. This is why it’s so important for your organization to have a thank-you plan so your donors feel appreciated and will be more inclined to support you in the future.
The good news is that a thank-you plan doesn’t need to be complicated. The most important thing is that your organization can consistently follow through on the thank-you plan.
More good news: The first step of your thank-you plan is something you’re likely already doing on a regular basis, and that’s acknowledging gifts:
Your acknowledgment fulfills your obligation to the donor and conveys your thanks. But to increase its effectiveness, your thank-you plan can include at least one additional expression of gratitude within a month or two of the gift. That could include:
What you choose to do will depend upon your organization’s volume of donors and your team’s capacity. Select something you’ll be able to implement and stick to. If you have the capacity, you could always choose more than one of the above, or brainstorm other ways to reinforce your gratitude.
Conclusion
Thanking donors is too important to be placed on a back burner. With thoughtful attention to your thank-you plan, you’ll build a strong foundation to retain donors and increase support of your fundraising efforts throughout the year.
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