By now, you’re probably familiar with “giving circles” – groups of individuals who pool their money, research potential organizations, and then donate together to have a greater impact on a charitable cause.
From a nonprofit’s perspective, giving circles are a tremendous opportunity. They offer a chance for larger donations without the need for potentially costly outreach campaigns.
What are some strategies to help your charity position itself to be attractive to giving circles? We have some easy tips you can follow to get on a giving circle’s radar!
#1: Show them the numbers
Giving circles will do far more research than your typical donor. You can help them out by arming them with easy-to-understand data and infographics about your organization’s impact shared on your website.
Of course, it’s important to balance the numbers with stories that also show your nonprofit’s impact – many people can be turned off if the numbers are overdone.
#2: Always be social#3. Use your blog for outreach
Your blog is a great way to create content that giving circle members can stumble upon! While your website itself probably doesn’t have a section about giving circles, you can dedicate blog content to the subject to capture people who search for it on Google.
Within your blog, you can discuss the importance of giving circles, why your organization is worthy of their interest, share stories about other giving circles that donated to your organization, the reasons they chose your cause, and the impact that those donations have had.
#4. Self-education is key
As giving circles become increasingly popular, it’s important that your organization’s staff and volunteers become experts on the subject!
This is particularly crucial for members of your team that interact with major donors and corporate partners. When your employees are knowledgeable about giving circles, they are prepared to answer questions while promoting your nonprofit to any interested parties.
#5. Share links generously
One proactive strategy related to giving circles to is to educate your supporters about them, with links about how they can set up one of their own.
By encouraging your supporters to start a giving circle, you can be certain that you’ll have at least some of the new group’s members vying to donate to your cause, while also influencing other giving circles to do the same. A great example of this comes from the One Percent Foundation!