Weekly Financial Platter (no. 16)

I Like Giving: I was introduced to the I Like Giving site from Plywood People. Spend a few minutes there, watch a few videos, and be inspired to find your own unique way to meet needs around you.

Now Is The Time To Reach Out: Brad Lominick, the leader of the Catalyst Movement, give some ideas for how you can reach out and encourage others over the last two weeks of 2012.

Are Organic Foods Worth The Premium?: My wife and I try to eat health. Actually she tries and I resist as much as I can. At times we’ve done the organic thing but found it expensive. Here’s some help to sort through if organic is worth it.

Could You Be Sued For That Negative Review?: A few companies are now going after those who put negative reviews up on sites like Yelp. As consumer it’s noble to want to help other consumers but we must be careful to be both truthful and legal in our approach.

A Prayer For Sandy Hook And For All Of Us: Kevin DeYoung’s prayer is my prayer.

I know the flashmob thing is kind of run it’s course, but this is pretty cool. It’s from a few years ago.

Is it time for THE TALK

No, not THAT talk but one that is almost as scary, the giving talk. It is time for a big league discussion – whether it is your church deacon board, council, leadership team, task force, elder board, or whatever it’s called in your neck of the denominational woods. Imagine if church leaders would invite a conversation into the life of their congregation that could make a big splash in the hearts of the people AND make a big impact on the financial dreams for the church?

 

You may say, “I don’t think we could do that work at our church.”

It depends.

It depends on how honest we are willing to be, how bad we want to change, and how willing we are to take giving seriously. Even more importantly, it requires that the people who God has placed in leadership be practitioners of generosity. Without this, you’ll be pushing boulders up hill.

The things you have to embrace/buy-in-to for this conversation to work:
1. That financial giving is highly important part of both personal and organizational health
2. That, ultimately, giving is barometer of our spiritual health, not about increasing revenue for the church
3, That the integrity of all church leaders in this area is critical to the outcome
4. That talking about this without acting on it is a waste of time

If your in ministry God has called you to do BIG things. Big things call for big risk. Are you willing to begin THE TALK?

This post was written by Greg Gibbs, Director of Strategic Planning at Kensington Church in Metro Detroit. Greg and I have teamed up to do some consulting and writing together at www.givinggrowth.org.

Weekly Financial Platter (no. 15)

How Are You Cultivating An Attitude Of Gratitude: Hopefully over the next 30 days you’ll be doing lots of thanking of donors to you church or non-profit. Pamela Grow provides ideas and links for  why and how to thank your donors for their year-end gift.

10 Ways To Sabotage Your Year-End Emails: All charities should be thinking and planning their year-end emails. Make sure you avoid these 10 costly mistakes.

Inexpensive Gift Ideas For Teachers: My wife is a teacher and I think she would concur with these ideas, both the ones that cost money and the ones that are free.

Confusing Lucky With Good: Good reminder from Seth Godin about the key to be good AND lucky.

The Skills That Make an Entrepreneur: I’ve always wondered if I could be an entrepreneur. Harvard Business Review did a study of entrepreneurs to find out what kind of characteristics are essential.

“Silent Night” happens every year at Taylor University. This is a competitor school to Cedarville University where I work. It’s a great school and a really fun tradtion.

 

 

Book Review: Giving & Getting In The Kingdom

Mark Dillon has spent his career interacting with hundreds of thoughtful Christian stewards and re-framing the discussion on giving. In his latest book Giving & Getting In The Kingdom mark provides field guide for fundraisers, pastors, non-profits leaders, and even donors. I’ve already given a few copies of the book away and will be sure to give many more. Why? Because it’s the most easy to read, yet thorough, guide to Biblical fundraising and giving I’ve come across.

Dr. Dillon breaks his book into three parts:

Part 1: Giving in the Kingdom: A Way Of Thinking is rooted in lots of scripture and builds the case for giving and getting. The most interesting part of this section was the dichotomy Dillon set up between the fundraising methodologies of George Mueller and D.L Moody. Mueller was adamant  about NOT asking for money but depending solely on God, while Moody was the  consummate salesman for the causes God put on his heart. Who was right? You’ll have to read the book for that answer.

Part 2: The Messenger Matters  is specifically for those on the front lines of fundraising. Dillon provides great guardrails for the fundraisers heart and lessons from decades of experience. I was often convicted during this section about the jealousy I can sometimes feel toward donors or other fundraisers, about how much I really love the causes I champion, about how I’m to be an example of sacrificial giving by how I live and give. I was also encouraged by the value he gives to the role of a fundraiser and the essential role the fundraiser has to call others to find the joy in giving.

In Part 3: Fundraising: A Way Of Doing Dr. Dillon explores the ins and outs of fundraising. As a “professional” fundraiser I caught myself more than a few times saying “amen” and “yes, that’s it.” Mark explains  fundraising methods and practices in very simple terms that everyone can understand. For someone new to fundraising this section is a great primer. For the seasoned fundraiser this section will remind you how simple fundraising can be when done right. For pastors there is a whole chapter specifically dedicate to the unique nature of fundraising in the church.

This book is exactly what the subtitle claims, a field guide. I have and will continue to ask any new employee, volunteer, or non profit leader I work with to read this book. You’ll be challenged and encouraged and you’ll look at Giving and Getting in a whole new light.

If you want to get this for a non profit leader, fundraiser, or pastor this Christmas. Here are the link for Amazon. You can also view the table of contents at Dillon’s Website.

Disclaimer: I received no request or payment for writing this review. I met Mark Dillon once and he seemed like a nice guy, that’s about the extent of it.

Weekly Financial Platter (no.14)

The Fiscal Cliff InfoGraph: It’s impossible NOT to hear about the looming fiscal cliff. It’s a BIG DEAL! ABC put together a short and informative infograph to give basic facts. I found this extremely helpful.

What Does The Bible Say About Worrying About Money?: If you worry about money, welcome to the club. This article points out that 65% of us have money worries. Find out what the Bible says and what you can do to combat those worries.

 Christ Shopping Guide 2012: I found this guide helpful in planning for Christmas shopping. Here is the one thing I know, you don’t save money by spending money. So just because it’s a “great deal” doesn’t mean you HAVE to get it…for you or someone else!

Successful Fundraisers Is About Keeping Donors: Almost every year non-profits lose more donors than they gain. That is not a sustainable model. If you are a church or non-profit you must focus more on keeping the donors you have, this article has few tips and links to get you started.

5 Myths About The Year Of Jubilee: Interesting thoughts from Art Lindsay on the Old Testament practice of Jubilee. I’ve heard the argument we should consider a debt Jubilee, like that seen in the OT in our current financial situation. For that to even be a consideration we first must have a true understanding of Jubilee.

The election is now almost a month away but Kid President has a very important message, “Be More Awesome.”

 

 

 

Tis’ The Season Donors Will Be Giving (fa la la la la)

A little song for nonprofit/church leaders entering the Holidays:

Ti’s the season donors will be giving (fa la la la la, la la la la)
Are you ready to make them willing (fa la la la la, la la la la)

Don your site with a give now buttons (fa la la, la la la, la la la)
Get your mail piece in their muffins (fa la la la la, la la la la)

Integrate both mail and web (fa la la la la, la la la la)
Inspire them so they’ll say yep (fa la la la la, la la la la)

Call and visit your top donors (fa la la la la, la la la la)
Make them feel like they are owners  (fa la la la la, la la la la)

Call soon after and thank them kindly (fa la la la la, la la la la)
Collect the funds and use them wisely (fa la la, la la la, la la la)

Make sure your’e generous as well (fa la la la la, la la la la)
Do this and your Holidays will be swell (fa la la la la, la la la la) 

3 Keys to A Successful Year-End Campaign

1. Get your mail piece out on timeThe rule of thumb is to have your year end piece in the hands of donors by December 1st. Yes, your message must be compelling. It must “pop”  for someone to actually open it, BUT most importantly actually get your piece sent. If it doesn’t actually arrive in donors hands until Christmas…you are in trouble.

2. Treat current donors differently: Often we send the same message, via mail or email, to all current and potential donors. DON’T DO IT!  Current donors want to know what impact their gifts are making. Non-donors want to be convinced why you deserve their gift. It’s a different message. Ensure your closest supporters get personal interaction from your organizations top leaders.

3. Be generous yourself: Donors are perceptive. If you don’t give to your organization it’s because you either don’t believe in the mission or you are not a generous person. If you don’t believe in the mission, find another job. If you are just not generous, find another career. Nonprofit/church work should only be done by generous people who love the institutions they work for. Donors will notice.

So, what’s your plan for your year-end campaign? 

 

 

Weekly Financial and Fundraising Platter (no. 13)

How Does Hurricane Sandy Fundraising Compare To Other Disasters?: Interesting evaluation of giving to national disasters. So far Sandy seems to be lagging behind other disasters. If you desire to give to Sandy my suggestion is to find a church in New Jersey or New York that is helping folks and give to them.

There Is More To Online Fundraising Than Your Website: Great breakdown of how most non-profits/churches view online fundraising: 1) create giving page, 2) put big give now button on front page, 3) pray people click the button. A successful online giving strategy involves so much more. Read post to learn what.

Example Of How To Score Deals at Outlets: A well planned outlet shopping trip can be very fruitful, as this blog post from Free Money Finance shows. Be careful though. I shared this link a while ago about the Dirty Secrets Of Outlet Shopping. My last outlet shopping trip we saved over 70% off of “retail” price.

The Coming Gender Transition In Wealth: This white paper has lots of stats and graph to prove that nonprofits/churches MUST pay attention to changing demographics of the wealthy. Woman continue to grow in their influence and ability to give…oh, and they happen to be more generous.

7 Keys About Calling: Brad Lominick, the fearless leader of the Catalyst Conference, shares 7 keys to finding your calling.

This is an impressive video of 9-year old Sam Gordan. Sam torched the boys in her league for 35 touchdowns.

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Fundraising Words I Use, But Hate

I’ve collected a list of fundraising words and phrases I use but wish I didn’t. And then came up with some different, better terms we could deploy.

Old                                                     New

Nondonors                                    Future Donor

Solicit                                               Invite

Solicitor                                          Relationship Builder

Getting the gift                             Accepting generosity

Philanthropist                              Investor

To appeal                                        To inspire

 

Do you agree? Disagree? Have any words or phrases to add?

Weekly Financial Platter (no. 12)

Nonprofit Leaders Urge Obama and Romney to Protect Tax Break: Both candidates for this upcoming election desire to roll back tax breaks. This could severely influence all non-profits, including churches. It’s a proven fact that tax breaks are the most (not the only) significant factor in one’s decision on how much to give. It’s important that every 501(c)3, non-profit prepare and plan.

How to Protect Yourself From Identity Fraud: Nearly 12 million Americans were victims of identify fraud in 2011. Fortunately I’ve never experienced identify fraud or theft, but I fully expect it will happen to me sometime. This article from Chrisian Personal Finance breaks down the types of identify fraud out there, how it happens, and how you can protect yourself.

Review of Square Credit Card Reader: Square card readers are a relatively new phenomenon. We have used them at our fundraising shop for the last year, the make financial transactions easy. I envision one day you may be passing a tablet with a Square reader instead of an offering plate. Learn more about them, you may even want to use them for personal or  business transactions.

 5 Posts on Gratitude: The Plywood People blog shares 5 posts on gratitude. Gratitude is powerful. It reforms our selfish thinking, it causes us to praise God, and it makes us happier. Philippians 4:4 says to “Rejoice in the Lord always, and again I say rejoice.”

Today many church and individuals will recognize orphan Sunday. We are told in scriptures that whatever we do for the least of these, we do unto the Lord. Grab a tissue and watch. Then THINK about how God might want you to get involved with Orphan care.

 

 

Which Presidential Candidate Gives More?

Living in Ohio I cannot watch more than 10 minutes of TV without multiple campaign commercials. I think both candidates believe in renewable energy because they have provided so me so much mail my recycling bin is overflowing. Both candidates want my vote, bad.

Most of us have a political party we generally vote for, and that’s fine. But we must also remember we are voting for people. So we should be concerned with how these people live…and give. As a fundraiser I was particularly interested to study up on the candidates giving history. This is by no means a deciding factor in my vote, but it is a factor.

Here is the data:

Tax rates and charitable giving in 2011

President Barack Obama:
       Income: $790,000
       Federal taxes: $162,000
       Tax rate: 20.5 percent
       Charitable donations: $172,000
       Percentage of income: 22 percent

Republican presidential nominee Mitt Romney:
       Income: $13.7 million
       Federal taxes: $1.94 million
       Tax rate: 14.1 percent
       Charitable donations: $4 million
        Percentage of income: 29.35 percent

Vice President Joe Biden:
        Income: $379,178
        Federal taxes: $87,900
        Tax rate: 23 percent
        Charitable donations: $5,500
        Percentage of income: 1.46 percent

Vice presidential nominee Paul Ryan:
        Income: $323,416
        Federal taxes: $64,764
        Tax rate: 20 percent
        Charitable donations: $12,991
        Percentage of income: 4 percent

 A few thoughts, questions, snide remarks:

1. Both candidates are personally generous. Both were much more generous in 2011 than in previous year. Make sense, right? According to the Washington Times, since 2000 Mitt Romney has given 13.45% of his income to charity and Barack Obama just under 7%. Romney also has a much larger income and a lower tax bracket.

2. Joe Biden needs to step it up. He gave just 1.46% of his income in 2011. In the last election cycle it was reported he gave, on average, .3% of his income each year.

3. Does religious affiliation play a role? Certainly for Mitt Romney. The Morman Church believes each member should give a tithe (10%) back to the church. Both Biden and Ryan are Catholics, which doesn’t tell us much about their giving habits. Obama is protestant, though he is not currently a member of a church. You can read more on there religious beliefs here.

Is this information important to your considerations of who to vote for, why or why not?

 

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