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Nonprofit Radio for August 25, 2017: Raising Risk & Avoid Social Weariness (ASW)

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Maya Winkelstein & John Hicks: Raising Risk

Risk pervades every grant you get. Lots of things can go wrong. Is it appropriate to discuss potential problems with your funders? Does that advantage your grant competitors? We’ll flesh it all out with Maya Winkelstein of the Open Road Alliance and John Hicks from DLBHicks.

 

 

Amy Sample Ward: Avoid Social Weariness (ASW)

Amy Sample Ward

With our own ASW, Amy Sample Ward. The social networks are 24/7 and can overwhelm you. But there are ways to make them work for you. Amy knows how to make your social manageable and strategic. She’s our social media contributor and CEO of Nonprofit Technology Network (NTEN).

 

 

 


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Duitz hello and welcome to tony martignetti non-profit radio big non-profit ideas for the other ninety five percent. I’m your aptly named host. Oh, i’m glad you’re with me. I’d suffer with media asta no, pericarditis, if you broke my heart with the idea that you missed today’s show raising risk risk pervades every grant you get, lots of things can go wrong. Is it appropriate to discuss potential problems with your funders? Does that advantage your grant competitors? We’ll flush it all out with maya winkelstein of the open road alliance and john hooke hicks, john hicks from de lb hicks and avoid social weariness et s w with our own s wmd sample ward the social networks twenty four seven and can overwhelm you, but there are ways to make them work for you. Amy knows how to make your social manageable and strategic she’s, our social media contributor and ceo of the non-profit technology network, and ten on tony’s take two show our sponsors love responsive by pursuing full service fund-raising data driven and technology enabled, you’ll raise more money pursuing dot com, and by we’d be spelling super cool spelling bee fundraisers. We be e spelling dot com. We just corrected that problem. Hey, maya winkelstein is on the line. She is executive director of open road alliance, finding new ways to deploy capital to achieve maximum social returns. She had been there consultant. And they loved her so much. They put her in charge. So i guess there must not have been any non solicitation clause in that contract. We’ll flush that out. They’re open road, alliance, dot or ge and at open road tweet. Welcome, maya. Heidtke durney. Thanks for having me. My pleasure. My pleasure. We have john hicks on the line yet. Okay, we don’t have john hicks yet, so sam’s going to give him a call, but that’s. Okay? Because i want to start with you anyway, maya, um, we want to talk about risk to talk about risk and are funding relationships, but, uh, yeah, i know why. Well, uh, you see the opening of the show riskiest everywhere it has stopped anyone on the street and said, hey, the world is unpredictable vehicle, you’re disagree. Everybody agrees. Andi makes sense that in the nonprofit sector, where by definition we’re working with the most vulnerable populations and look vulnerable and challenging. Geography and problems that unpredictability is just a fact of life, but this reality often doesn’t translate into the way that grantmaking works the way that project planning and particularly the going on grantee relationship functions. Andi, we think that change, okay, if i know you have some stats about how ah unlikely it is that a grantee will be asked to assess the challenges that are facing them in the in the program or project that they’re that they’re seeking money for on dh like, okay, you’re welcome, you’re welcome to work those in and but but then, but if if if we’re not being asked to raise this, this issue of risk, don’t we end up disadvantaging ourselves because our competitors in the grantspace may not do the same thing? Absolutely right now we’d like to say that the word risk is a foreign letter word, and you’re on, and i think about the situation as an emperor has no clothes. The truth is, we did do a survey in twenty fifteen, where we interviewed two hundred foundations two hundred non-profits and asked him about it what’s really interesting in that survey is that the foundations acknowledged that risk percent as much hutchisson non-profits it princessa agreed on the number, and the number is one inside the one in five projects or wanted five grand’s legend to encounter some type of roadblock or obstacle that’s going to need additional funding in order to achieve impact on time and in cold. Okay, that zoho both sides acknowledges so to, as you said before, seventy six percent of thunders don’t ask any point in the application what goes wrong and went under so now guarantees don’t tell. So we do have this this dilemma and the question about competitive advantage, i think there’s a really important one because there is a lot of fear among non-profits you know, why would i reveal my weaknesses if you know somebody else competing for the grand isn’t but the truth is, uh, when you don’t talk about brightstep friends, we’re not brave and say, hey, you know, there’s, other things that could go wrong, you really just shooting yourself in the foot because things are so go going to go to go wrong one way or the other, and the difference here is simply for patient setting. Well, we don’t expect a set. Expectations appropriately, they’re thunders then it’s not surprising that they’re blind sided or react negatively when you come up. All right, all right. Um, i saw the so we believe i’m not surprised to hear one in five twenty percent of funded projects will have trouble. I’m in trouble is inherent in anything we do, whether it’s commercial or non-profit i’m just still i’m trying todo playing devil’s advocate i’m trying to think of think like a ceo or a grant writer who is wants to be transparent and set expectations, okay, but my board or my ceo from the grant writer says, look, i mean, the competitors are just not going to do this. We’re making ourselves look like we’re inferior because we’re going to raise challenges that the other people competing for this exact money are not going to raise, and they’re going to look superior and we’re going to look poor, right? And where one where i encourage non-profits to play teo freedom, your donor’s instincts as an investor that’s open lately what all donors are, you know, when we send money out into the world, it’s not baking powder self-funding back and sleep at night, we’re in an era of philanthropy where we want to see change, um, we really do treat our philanthropic dollars as investments for looking for maximum return on investment on if you think about it in the private sector, you know, who am i going to pick the company that tells me that everything’s perfect and they’re never gonna have any problems or the management team that said, hey, look, you know, we’ve looked at all of the issues, these air, some things that could go around, but this is how we’re managing it. Uh, you’ve been really treat with management as a sign of confidence in your management team position it as, uh, a competitive advantage to your advantage that you’re thinking about these things and your competitors are if somebody tries to tell me that something one hundred percent guarantee that for me is a much for red flag and the honesty and transparency of saying, hey, what could go wrong? But i’ve got a plan in place, okay? Okay. That’s ah, that’s. Excellent. That would be persuasive to me. Position as as an advantage. Somebody who tells you that there’s no risk is not doing a complete analysis. You know, they’re they’re superficial and were detailed, etcetera, depending how far you want to go in trash trash in your competition. Okay, that is a great intro, right? We’re goingto going go out early for our first break. When we come back, we’ll bring in john hicks, we got him on the line now, and, uh, we’ll get into where does this start? I mean, is this a chicken and egg thing? I mean, to me, it seems like funders have the greater responsibility. They’re the ones with the applications, but we’ll talk about that on dh, more about, you know this, don’t ask, don’t tell about risk that that were in stay with us. You’re tuned to non-profit radio. Tony martignetti also hosts a podcast for the chronicle of philanthropy fund-raising fundamentals is a quick ten minute burst of fund-raising insights, published once a month. Tony’s guests are expert in crowdfunding, mobile giving event fund-raising direct mail and donor cultivation. Really, all the fund-raising issues that make you wonder, am i doing this right? Is there a better way there is? Find the fund-raising fundamentals archive it. Tony martignetti dot com that’s marketmesuite n e t t i remember there’s, a g before the end, thousands of listeners have subscribed on itunes. You can also learn maura, the chronicle website philanthropy dot com fund-raising fundamentals the better way. Welcome back to big non-profit ideas for the other ninety five percent they were on facebook live, so i want to give shouts shout outs to carry my croghan good to see you, carrie it’s been awhile, it’s been quite so quite awhile. Thanks for being with me, man and jeff rose and also and there are others there are multiple others, but i can’t quite see them all right now, but we’ll get to them more facebook live shoutouts, let’s bring in john hicks john hicks is principal of de lb hicks consulting deal b is for dylan’s light bulb and if you don’t know that story, it’s at deal be hicks dot com he’s on the faculty of columbia university’s master’s program in non-profit management and a contributing author to the books after the grant and the non-profit handbook fund-raising he’s at de lb hicks john hicks welcome back. Glad to be back. Thank you. You’re you’re on vacation in north carolina, are you? Is that right? Yeah. Absolutely beautiful day down here in the outer banks. Well, thank you for joining us on vacation, john. Thank you so much. Thanks for doing that. Uh, jon, do you heard the intro, i hope. Where yuan for that? I was okay. What do you think of this idea of raising risk? Other people might not be well, i think it’s incredibly important it’s something we talk about a lot in our grants glass at columbia university about mitigating risk for the donor and mitigating risk for the non-profits and i was one of very quickly right off the bat compliment maya and her team on raising this topic for grantmaker but i think it’s also everything that i’ve seen has been developed by by the team. I would love to share my plan to share this with my client because i think non-profits have to be looking at risk management in terms of developing long term, sustaining positive relationships with donors, but also, you know, you have to do a reading, undertake a really solid reality check when you’re starting a new program, you know how how much can you realistically do? How much can you realistically deliver? Um, so it’s an important topic and, you know, it’s, just so great to see this being, you know, brought out in the way that it’s it’s been taken on my uh, where do you feel the responsibility lies for starting what you want to see happen a lot more often than it does in, like thirteen percent of grand applications or something dependents look like depending whether you asked the funders or the or the grantees, you’ll get different numbers as to how often it’s it’s raised, but in both cases it’s in the vast minority of applications, do you feel like it’s the funders? Responsibility? Because they’re the ones asking the questions they’re the ones with the with the applications so open it, lee risk itself is a shared responsibility. I mean, these often heard the conversation, and rightly so that non-profit can’t do their work for that thunders and thunder achieve their objective non-profits so we really are equal partners in in sharing and the successive failures and rick, every project that we partner on, but the reality is that there’s also a power dynamic within that partnership, and that power dynamics is very clear and it’s such a the thunders so as much as i do think there is a place and is a safe for non-profits to stand up to breathe ray’s, tow, have the conversation. To raise the issue uh, really, if we’re going to see widespread change, it’s going to have to come from the underside and it’s gonna have to really be be demanded as thunders. And i like to sort of think about it as risk monitoring an evaluation was pan of fifty years ago, right? It wasn’t until even though non-profits knew that they could do better at measurements were trying to do better measurement to billy and sam impact of their products. You know, it’s not told donors have a really big lever when they asked for it. And when they funded that’s, when things really start to move and change, all right, let’s, let’s drill down into some of the how tio, how to do this my way if i’m of i’m a potential grantee and there’s no mention of challenges, risks, obstacles in an application for for granted i’m applying for how do you like? How do you encourage organizations toe raise the issue? Do they wait till there filling out the application? Do they started in the preliminary phone calls that we hope that they’re having before they submit an application? How do you like to see? This one of the things we found on the underside in particular is not that thunder don’t want to know about bricks or don’t want to ask about it’s just that it’s not part of the grantmaking mainstream grantmaking culture, and so it doesn’t even occur to them, and one of the things that is also absent on the underside is very serious for thinking about their own risk tolerance and being able to define that. So one way to ease into the conversation without going straight to hey, you want to me to give you a risk assessment is to ask the thunder about their risk tolerance. Askin, you know hey, what is your profile? What are the types of risks that you like to see potential grantspace taking? And what are some of the risks that you tend to lead to a void in your grantmaking portfolio? Not only is that dahna night entree to the conversation, but it will also give you as the applicant, some really interesting on dh hopefully helpful information around here. What will be a better fit for that particular thunder? All right, john, how do you feel about when when it’s appropriate? To to start asking these questions may be asking the funders risk tolerance, what’s your ideas on how to raise this. I know what my just said about you is that it’s very early on in the conversation? I mean, this is why, you know, a best practices, particularly taking on a ah large initiative, a new initiative you’re looking at standing something significantly, i i’m a big believer in coveting the client or the organization through having on initial conversation with grantmaker i think that’s where you you asked that question about risk colorants, and then but at the same time, i think the charity has i have a responsibility to have considered that question and be able to speak to handle day are assessing risk and how they have factored of risk-alternatives grain up. So i felt that, you know, a grantmaker handup that obligation to the grantmaker and john, can we quantify these things? I mean, ultimately we’re asking the funder for money. Can we quantify the likelihood of risk percentage of likelihood vs versus potential cost? Can we quantify this? I think it really depends on the program. Tony means sometimes if you’re if you’re looking at replicating something that’s already been found there might be information helps you to do that in a lot of cases that i come across, it may be that thie organization is trying something that’s very new and it’s very i mean, it could be a something new within a community, something new with them, a community of practice, and it may be hard to put numbers around that, and i think this is where, again, engaging the grantmaker and a conversation toe tried to bring out the questions that they’re going to have because, you know, ultimately you’re talking to a grantmaker you’re talking to probably a representative, who is? Mom has a responsibility to a foundation board and, you know, you want to get a sense of where is the board? We’re that foundation board, in terms of, you know, going back to what my dad says, what is their wrist and that mike guy, the metrics and the numbers and that helps you to create and construct a grant proposal that would speak to you know, that you could or you might be able to quantify risk. Let me give you a couple of my hold on. One sec, i just gotta do a lot more facebook live shot out sorry if you want to join us on facebook live, go to the tony martignetti non-profit radio page and joining us most recently craig’s swenson onda cara gammel, cara charles hello hello karen, what a pleasure. Thank you. Sorry, maya. What do you want to get my? What do you want to say about quantifying this for funders? Yeah, i’m really glad you brought that up, it’s something that we’ve actually been looking at open road for the past couple of years and unfortunately compared to certainly the for-profit sector, we just don’t have numbers yet, and this is in part due to some of the other clans patients, particularly when it comes to pricing in cause so that our sector is facing. So we’ve actually been having conversations and working with partners that would stand and non-profit finance son, people who are looking at things like overhead on dh, the survey shin cycle and accurately pricing the true cost of a process. We haven’t even figured that out yet, so this figuring out the next step beyond what is the true cost of a perfect projects. To say ok, and now, based on some sort of actuarial tables or other data that we could drop from here is the risk premium, if you will. I do think our sector is going to get there, but it’s going to be many more years and are you you you’re helping this conversation along the way? This research along, i should say, not just conversation, wei are yeah, we are helping to search along. In fact, one of the things that were excited about is within our portfolio. Now that he’s been around for five years, we’ve got over a hundred krauz funded, which also means we now over have a whole one hundred and miracle data points of what actually does go wrong in our sector. Andi, we’re going to be publishing reports later this year or early next year that begins to offer actually the first data that empirical david, what goes wrong? For what type of project, how often and under what circumstances? But failure has always been and can gentle and related challenge to this question of risk. You know, i say failure is a risk realized so and we all know how difficult it is to talk about failure in our sector so it’s very hard to get some of this data because people don’t want to admit failure. There’s certainly not recording failure. Can you open up an annual report? You see all of the good numbers, right? All of the return numbers, nobody, uh, really truck goes around. Failure is risk allies. Dh jonah, you hear snickering whereas my talks about the annual report, you want to answer them? I mean, no, i’m not laughing at you with everything that, you know, i think that it’s like when i’m sitting here with someone who probably, you know, works with charities on reports, and i’m constantly, you know, playing to my clients, that i think when we come back, we’re behold them to come back to a grantmaker and to honestly say when something doesn’t work, what do we understand about the failure? Why did it fail? How are we going to take that failure and learn something? Promise? I agree. I think that you know that sometimes there’s uh uh, there’s. A lapse in communication where the great you know that grant he feels like, okay, i just have to go back. And talk about all the really good things that happened and you’re right on the point of annual reports, there’s a lot of annual reports that just simply, you know, put a fairly burnished picture out there of the work that seemed done when reality not everything works and the more you can understand from it’s better you’re going to bay so i totally agree with, you know, with the point she’s making yes, producing this show, john, i’ve heard rumors to that effect. Not everything works. You have something you will. And when i said you were snickering, i didn’t mean you were snickering derisively maybe i should said you were chuckling or you were bemused. As as my was talking, i didn’t mean to suggest that you were you were being negative. About what? About what? She was saying that at all? No, not at all. You have a lot of you have a lot of good tools that open road, alliance, dot or ge on dh. One of them is you talk about a risk profile statement. What is that? Yes. Let’s. Go back to the convent and made earlier around. What is your tolerance? Andi? This is a tool that we developed with thunders and nine, but i think it is equally applicable and adaptable for non-profits out as well. One of the things that we found in our work and research is that it’s very hard to take steps to manage risk, to try to minimize it or avoid it. If you haven’t gone through the preliminary step of figuring out what you’re willing to deal with or not right, what is your current service profile statement is basically the idea that you go through a a very deliberate and intentional discussion with your your staff for your board, your trustees, depending on what type of organization you are and you really deliberately come up with what you’re risking, tolerance is and think about it along different not so your risk tolerance when it comes to taking reputational risk might be very low, but you’re colorants for innovation might be very high risk is not a single single variable, either. On the idea of this profile statements and it’s sort of the division would be wow, imagine if every thunder you could go to their website and you could look at their risk profile statement. And you could see in writing where they’re willing to take risks where they’re not willing to take risks, you know that? And it’s non-profit we’re able to look at their programs and strategies in the same light you the matchmaking, if you will, between non-profits grantees, not only is there potential for that becomes easier, but if you don’t know what risks you’re willing thank you, it’s very hard, then to identify and managed. So if you are looking to improve your management in general, you would’ve also have to do that. First step is figuring out what risks you even talking about and which ones are going to be worth it to try and save it for duitz and we need to, i guess, then set aside money teo plan for these could negative contingencies, absolutely, and that gets into the risk management side of it is sort of the objects inside of fifty will he other think cubine mind is that when we’re talking about a profiler with cholera in ultimately that’s a subjective measures, you know, whether or not i prefer to curtis, test with stock or treasury bonds is a very subjective choice on dh. That’s a choice that thunder have every single day do they want to invest in the tried and true after school program? Where do they want to invest in the innovative new inner cities i have model and whether or not which one they pick is as much about the impact that piece of the cross product can provide as much of the currents of the thunder, but that’s ultimately a subjective measure, but once you have that subjective measure now, you can do this management, and you can look at the object in sight of the fact that no matter how little tolerance for averse service you are subjectively it’s filled and exits, and you’re going to need to manage it and you can manage it through budgetary actions. You can manage it with internal policies of procedure e-giving manage it with communications on a whole bunch of other tools have been become much more easy to implement and ready it at your weinger john hicks, anything you want to head there? No, i think an ideal world and if we do live in an ideal world where there’s a lot of grantmaker who are listening to this program. Or are taking the time to go and get their hands on the tool kit, and they’re going, they’re going to use that five again, you know, just applauding the work that maya and her team have done on the topic and i hope, it’s useful to the grantmaking communities well, our our listeners are the non-profits over twelve thousand small mid size non-profit so what? We’re we’re i know meyer’s working on both sides because this is a shared responsibility, but so what we’re doing is encouraging non-profits to raise it with their they’re funders on dh that’s, why i want to drill down earlier and about how do you the asked both of you? How do you raise the question? Because where, you know, we’re hitting the non-profits and now the newly competitive because of maya’s my strategy and thinking on this, the newly competitive non-profits because they’re there now at a competitive advantage that they weren’t roughly twenty eight minutes ago. So i feel bad i feel bad for your competitors, not listening. You should, but you shouldn’t. But i do because i wish they were listening, which we have more but wait, we don’t have an audience to brag about of course we do, but i feel bad for the feel bad for the ones they’re not listening. My, i’m going to give you the last word. We just got about thirty seconds ago. Once you wrap up for us. Sure. Well, i guess that’s the last thing i would say, you know, keeping that non-profit audience and nine is duitz sebi breaks, you know, and stand up. There are a lot of a lot of things that you think you internally and externally with their fenders, put a risk front and center center onda also in terms of your own internal processes, you sustenance on your own. Anyway, even if you don’t know, never hear about it. Yes, what? You’ve just made your program stronger. You’re gonna have more impact and be more successful, which in turn is gonna attract more donors regardless. So i do think there’s a lot that non-profits could bring to the table here on but the end of the day without non-profit hundreds of just sitting on piles of money doing nothing. So i think it really, really is a great role that complaint my is executive director of open road alliance, open road, alliance dot or ge and at open road tweet john is principal of de lb hicks at de lb hicks dot com and also at deal be hicks. Maya. John, thank you so much. Thank you. Thank you for your pleasure. Got a void? Social weariness et s w with our own s w amy sample ward coming up first pursuant acquisition campaigns, they’ve got a free webinar, so much of the content is free it’s almost it’s redundant to safely webinar when you’re talking about pursuing but just in case you’re a first time listener free weapon are coming up to help you acquire new donors. It’s on august thirty first what inspires that first gift for a donor? They’ll talk about it. We’ll have lots of examples and and as we do here, actionable strategies just like non-profit radio, if you can’t make it live on august thirty first at noon eastern, then watch the archive listen live or archive, just like non-profit radio and the place to sign up. Is that the new landing page that pursuing has for non-profit radio listeners, that is tony dot m a slash pursuing with a capital p go there, sign up for the, uh, acquisition campaigns webinar and if you can’t make it live, you’ll get emails about you get an email telling you when the archive is available, so it doesn’t matter where you could make it alive or not. Just go, tony dahna i’m a slash pursuant we’ll be spelling, you know that super cool spelling bee fundraisers, millennial fund-raising and fund raising because they do spelling bees that include live music and dancing and stand up comedy, not your seventh grade spelling bee. At least not my seventh grade spelling bee from like, what would that have been? Nineteen, seventy one or something? Or nineteen, seventy five? Whatever. I was not like that. Throw that out. Check him out. The video that will show you all this happening at one of their many events is that we be e spelling dot com. Then just talk to the ceo. His name alex alex career. You’ve heard me talk about him. Get him, alex at we b e spelling dot com or you could pick up the phone. The numbers on the website. Check out the video. We b e spelling dot com have a millennial spelling bee fundraiser for your organization, low risk that’s probably don’t have to raise the risk issue for a spelling bee. I would think, what could it possibly be besides embarrassment now, time for tony steak, too. Listen, i really need you to be supporting our sponsors pursuant, we dispelling two new ones coming, the two new ones coming next week. Yes. Apple owes software is starting next week and also wagner, cps so we’re going for sponsors and peace organizations come to me. I’m very grateful for that because they know we’ve got a very consistent show every single week for seven years and over twelve thousand listeners, and i need you to step it up and show your love to our sponsors. So if you’re looking for millennial fund-raising talk to, we’d be spelling, and if you are interested in lots of free content bond fund-raising management then talk to pursue it, check them out, go to that landing page and likewise will be hearing me talk about wagner, cpas and apple owes software we need to show the love to the sponsors. Please keep respond to keep your sponsors. Our sponsors keep our sponsors in mind, thanks so much, and that is tony stick, too. And now time for a s w r own amy sample ward she’s, a social media contributor, and she’s, the ceo of inten, the non-profit technology network. Her most recent co authored book is social change anytime everywhere about multi-channel online engagement she’s that amy sample, ward dot or ge and at amy r s board. Welcome back in the sample. Ward. Yeah. Thanks for having me. Yeah. Did you see? I put i’m sure you noticed that she had put your initials in the segment title. Now, i actually thought maybe this meant there was a lot more pressure now that any topic in the future has to be able to fall into a nasco w acronym. No, i don’t. I don’t feel like that now. Besides, i’m the one who put there. I would be putting the pressure on myself because i there. Yes. You don’t hear me. Hello? Hear me? I cannot hear you. I’m not sure if you can hear me. Okay? Okay. Why don’t you call back and call back so i can hear you now? Okay. Okay. Now i was saying that there is no pressure because first of all, i did not ask you to come up with a title that met your initials. I did that myself, so you can blame me for that. And no, not not a precedent setting measure. No, you don’t have to worry. And we just lose amy. We did just back now. Now you are back. Okay. Did you hear? Everything i just said, i’ve been in the system the whole time listening to the whole show. And then when it’s my turn to talk wait cut you off? Yes. Did you just hear my whole diatribe? No, i didn’t hear you. Well, alright, basically. Well, i thought maybe i sum you buy my comment. Oh, come on. You know better than that eyes no silence on non-profit radio that never that would never happen. Okay, well, you’ll have to go listen back. But the short answer is no it’s, not a precedent. Don’t worry, grayce so what? We are talking about setting boundaries around your social. Is this getting to be now? Is this going to be an issue for you and your community? Definitely been a really kind of top of mind. Intentional topic here at and ten, i think i think last fall leading up to the election, regardless of any candidate that any single person was voting for. It was just such an intense election and the, you know, everyone turning to social media all throughout the campaign turned to social media that i think by the time the election happened, everyone was just really at this kind of emotional breaking point around how much content there wass how often updates were coming through and that’s both content from, you know, out less media outlets, newspapers, etcetera, but also just content from each of us write everybody sharing things and adding commentary and just reflecting on things that i think people have you no for almost a year now felt like i have to find a way to take a break, or i may be going to lose it, you know, i’m just reading too much, and i feel like if i’m not, you know, i’ve left my left my desk, but now i better open up twitter on my phone because i want to make sure i’m staying on top of this, that people are getting to a place that i think is really overwhelming. I understand, yeah, there’s so many more people paying so much more attention to the networks and the news. I mean, this is the social networks on dh exactly on i would never advocate against that way. I mean, i’m excited that we have a country that feels like people are paying attention, i think, for non-profits that this is a huge moment for us because it means that when we send out on a call to action or an appeal, we can make less of a point about what it is that’s going on because people are are now informed and waiting for that action and indifferent way, right? So on one hand, as organizations it’s a really great time because people are informed and are paying attention, but as individuals and individual staff, i think if we don’t set some boundaries around how much content we’re trying to absorb every day, we will just burn out. Look how good she is bringing it right back to the listeners wait brilliant were brilliant contributors on this show, the host is lackluster, but the contributors are outstanding example exemplary, alright, so yes, so as individuals and maybe even as organizations to i mean, if we’re a small organization, we don’t we don’t have a devoted social media director manager, this applies on the organization level to so what ideas you got? Well, i think at the very basic, when we’re talking about just boundaries in general, something that i have been practicing and that a number of other staff here it and ten have also been practicing is to kind of use different devices as a way to create boundaries. So for example, i don’t have facebook as an app on my phone, and that means that i’m only going to go expose myself to the world of facebook if i’m sitting at a computer and i can open up a browser right? That i’m not just like on my phone, letting myself be kind of mindlessly sucked into that news feed, so separating which which channels which applications you’re going to look at on different devices means oh, well, you know, maybe in the evenings you liketo have a tablet because that’s, where you read, you read a magazine or you have a kindle or something, making sure that you minimize how many other apsara on that device will help you create some boundaries so that’s excellent. And then in addition to that, i think it kind of goes hand in hand, but it’s picking times of day where you want to engage, so saying, you know what? During the morning when i’m getting up and i’m having my coffee and i may be with my family, i don’t wanna have to start the day already worried about what’s happening in the news, right? So, like i during these times, even though the temptation is there, i don’t check twitter until i get to work or something. So picking sometimes a day where your mind knows, okay, it’s okay to go down the rabbit hole. This is my life twenty minute twitter break when you get into the office or something, but then the rest of the time, you don’t feel like, oh gosh, i should check i should check i should check you say, no, i have that time when i know i’m going to go check it. That’s a tough one. You know, people have been saying that about email for a year for years as manager. Way of managing your inbox on ly check email, whatever two, three times a day instead of i think the is in the aft national adult average, like a hundred times a day, we look at our phone to check email something instead of doing it a hundred times. Cut it down to three that’s a that’s, a tough one. You know, last time i had beth can’t iran and i know you know, beth very well and she’s very smart. She talked about how difficult it was for her to break the habit of waking up and picking up her phone and looking at email it’s, hard it’s shorts and part of it, if you know you have that habit, let the device help you with that, right, you can set your different channels, whether that’s, social media are email or whatever toe on ly shou notifications at certain times or never shown on vacations. I think it is very healthy to make sure your phone is not constantly showing you the number of unready males, because that is just like a stressful little picker, right? So, you know, howto open email on your phone, you can go look at it, but you don’t need this scream at all times to be shouting at you fifty on read emails, right? So you some of the control that you have just by the settings and was identification setting their display settings to help create some space there? Yeah, that’s a great one. You know, i’m going to do that that’s a great, like that little red badge next to my helmet that red number you need that. I don’t need that in your life, right? I’m going to look at that. I’m going to check email anyway. I don’t need to know that. There’s there’s one i didn’t. I didn’t get to. I just checked back. They just check twelve. I closed the damn thing. And now there’s one how did that guy? How did that bugger sneak in there exactly. Just feel good about closing it. Yeah, you don’t need that picture and you know it’s a great one. It’s not a phone app, necessarily. But if you use gmail, i know a lot of folks do. If you use gmail there’s a free ad on called bloomerang and if you in add that into your gmail in your browser, it can mute that incoming email like you were just talking about for you. So it’s not a matter of temptation of saying, gosh, i can’t even open my email because i’m always forced to look at it two or three times a day. You can have it open. You could be sending emails. You can read emails that air there, but it will not show you the incoming. E mails wow, during these times where you say i want a mute email for the next hour so that you’re not tempted to dive into all those new emails while you’re trying to focus on something else. That’s outstanding what’s that called it’s called bloomerang bloomerang and it only works with what did you say? Gmail workflows gmail? Okay, well, i don’t know if it works on other things, okay? I know that it does work with female. I’ve heard i’ve heard of female, so okay bloomerang cool, you’ve great ideas, it’s amazing. What? Well, i mean, i think it’s what’s important, even if those air to specific things that you already do or you don’t care to try, they’re just example to illustrate that there are some ways that we can use technology to help us stay away from technology. There are some good tools are quick little add ons that can help you create some boundaries and some filters so that you’re not feeling overwhelmed all the time that you don’t have to do all that work, right? You don’t have to say i just need to be a better digital citizen and not care to check. Facebook, facebook wants you to check it it’s going to send you notifications every way it can and it’s trying to get you back in there so you don’t need to feel guilty for checking the notification instead. Think about where where should i go turn off those notifications? Facebook isn’t trying to tempt me back in and the emails the emails of facebook sends did you know that seventy nine people like the recent posting you’re non-profit happy hour? Oh my god! Yeah, i got to turn that off, too. All right, that’s, too? Yeah, i got one the other day that i thought i felt so desperate, it’s said. You have not updated your public, i don’t know if it was my profile or just i hadn’t posted to my own kind of, you know, posted into the news feed in fifteen week don’t you want to see it? And i was like, if i haven’t done it in fifteen, we space book makes me maybe you could just let me go, you neo-sage they’re trying to trying to get you back in. You’re not cooking on enough ads for them to suit them exactly. All right, we gotta go out far for a break. When we come back, we’ll talk about the ultimate low tech non-technical way of turning yourself off. Stay with us. Like what you’re hearing a non-profit radio tony’s got more on youtube, you’ll find clips from a standup comedy, tv spots and exclusive interviews catch guests like seth gordon. Craig newmark, the founder of craigslist marquis of eco enterprises, charles best from donors choose dot org’s aria finger, do something that worked. And naomi levine from new york universities heimans center on philantech tony tweets to, he finds the best content from the most knowledgeable, interesting people in and around non-profits to share on his stream. If you have valuable info, he wants to re tweet you during the show. You can join the conversation on twitter using hashtag non-profit radio twitter is an easy way to reach tony he’s at tony martignetti narasimhan t g n e t t i remember there’s a g before the end, he hosts a podcast for for the chronicle of philanthropy fund-raising fundamentals is a short monthly show devoted to getting over your fund-raising hartals just like non-profit radio, toni talks to leading thinkers, experts and cool people with great ideas. As one fan said, tony picks their brains and i don’t have to leave my office fund-raising fundamentals was recently dubbed the most helpful non-profit podcast you have ever heard. You can also join the conversation on facebook, where you can ask questions before or after the show. The guests were there, too. Get insider show alerts by email, tony tells you who’s on each week and always includes link so that you can contact guests directly. To sign up, visit the facebook page for tony martignetti dot com. I’m jonah helper, author of date your donors. And you’re listening to tony martignetti non-profit radio. Big non-profit ideas for the other ninety five percent. Welcome back and i got to say hello. More shout outs to facebook live, we’re on the tony martignetti non-profit radio page and scott williams with us. Mike hargrove, barbara freeze owner and terra kelly who’s now tower hickey, but i know you’re a star. Kelly welcome. Good to see you, facebook live! Thanks for being with us and there’s people on other pages, too, if you made beyond the talking alternative page. Thank you so much for being with us, facebook live and that leads me, of course, to live listener love the podcast audience the what am i saying? The live streaming audience. Our live love goes out to tampa, florida. Woodhaven, newjersey, ridgewood, new york. Which one you want? That’s, queens. We also have brooklyn. We have new york, new york. We’re missing staten island in the bronx. We got left to get that follow five boroughs, but live love to the three bottles that are with us. Queens, brooklyn in manhattan, andi woodbridge, new jersey. Also besides woodhaven, let’s, go abroad, seoul, south korea cells so of course, always checking in. So so, so loyal in seoul and your haserot cancer, ham, nida, germany. We can’t see your city? I’m sorry, but germany’s with us. Guten tag and rio de janeiro, brazil welcome live listener love to you also on the podcast pleasantries go out of course, to the over twelve thousand listeners on the podcast medium were multi-channel here where multi-channel multi? I know we’re multi personality maybe, but we’re multi multi. So, uh, every time i’ve been on, at least one listener has been on from seoul, i think that’s so awesome. Yeah, yeah, they are soul is very, very boyle. Yeah, i love it. So the podcast were the podcast audience. You’re pulling me back in howto live love. I’ve advanced. I’m past that now. I went to the podcast wasn’t i’m sorry you’re into other channels? Yes, or the other that’s, right, it’s, the podcast audience. The pleasantries go out to the over twelve thousand listeners, the ceos, the fundraisers, the the board members, the consultants pleasantries to you. And then, of course, the affiliate affections to our am and fm listeners throughout the country. Thank you. So glad that your station has included non-profit radio in its weekly schedule. Affections to our affiliate listeners and turkey in mexico joined us as well, back to the live love turkey, mexico sorry, we cannot see your cities, but but we know that we know you’re there. We know you’re there. All right, amy sample ward. Thank you for that indulgence, even though you interrupted, but okay, so let’s go to a very i know it is that i love having you on, you know that let’s goto a completely non tech way of setting boundaries, and that is just turn yourself off and take a take time away right from the social net from the networks. Yes, take a little social media vacation. Ah, sabbatical, if you will, you don’t have to close everything permanently. You don’t have to cancel all of your accounts, but, you know, and i think it doesn’t have to be like i’m going to take the month of september off of twitter or something. It doesn’t have to be so rigid and intense, but just saying, you know what? I wantto give a gift to myself of saying that every sunday afternoon is for me and not for the internet, it could be that simple, right doesn’t even have to say, oh, gosh, it’s twelve oh one, i’m already entered into my afternoon of no social media just saying, i i want i know that it will make me feel better. I’m going to give this to myself and then as you start to make that a regular routine, i think it’s easier to say ok like this feels good. I didn’t have to check anything all, you know, all sunday afternoon or whatever today it is, just give yourself that regular vacation very good idea and so simple to do and, you know, be good to yourself, you know? You need you need time away from the i don’t know the pace, the fast pace of the networks and the networks are only expanding and they’re only encouraging you back. Mohr and maura’s, we were just saying before the break, you’ve got to take control, you have to you have to it’s on you. They’re not gonna let you alone. You have to tell them you have to tell them to let you alone. I mean, just in that same way of, like, take control, i think it’s so easy to feel like, especially with channels like twitter where there’s it’s just happening so fast, right is just kind of streaming by that it can feel like you’re kind of this passive participants audience member right there, watching all of this content go by that again, just like you’re saying remember that you can be in control, that i think some of the smartest things to do for using it, not just setting boundaries about when you use it, but when you are using it are to use the list, make sure whatever channel you’re talking about, that you’re kind of filtering that content. It’s okay to follow a million people on twitter but start making a list of specific voices or people or certain hashtags that you you really do care about that you trust that you want to listen to first, and then instead of feeling like, okay, this is my to use that example from before. This is my kind of twenty minutes twitter break when i get to work instead of feeling like great. Now i need to read like all of twitter somehow open first that lift and just listen to those voices that you already know you care more about her that you wanted to listen to first, and then if you have extra time, open up the whole world of twitter, go back to your full kind of followers stream but don’t feel obligated to just always have to consume it all. Use some list on dh kind of filter down what you’re reading. Okay, excellent. Listen hashtags yes, and go there first, cause that’s your most important stuff to you, right? And then, of course, we could weaken turn off certain people if we need to. Yeah. Oh, my god! Unfollowed people just a kn follow-up make that stop if that if that is something that is not productive, you don’t mean maybe they’re your aunt and you feel like you can’t facebook unfriend them just mute them. Tell facebook you never, ever want to hear from that person, but they will still see that your facebook friends you know, maybe you need to maintain that in your family but again let some of those system preference options help you hide content that is on ly goingto make things worse for you. Okay, so and in that similar way i think you know something that’s been really helpful for me and my friends. Outside of work is just being intentional, you know, having conversations with folks and saying, when you realize that every person has started kind of their story or the article that they wanted to talk about by saying, oh, i read this article on facebook or i found this thing on twitter realizing that everyone’s starting place with social media, you know, we kind of had this conversation of i want i want to intentionally go find content that’s interesting to me that i made, you know, maybe i don’t tell anyone about it, i just read it while i was eating lunch. Or maybe i want to talk to my husband about it, but i don’t want to have to start every conversation with i read this article on facebook. I want to feel like i am, you know, i am not beholden to just those social channels i want to go find some other content and knowing that kind of having that realization has helped me and my friends and i have been all have a couple points during the day where we say i want to go like, look at the new york times home page. Oh, how crazy versus waiting for news. Articles to show up in twitter stream so just kind of thinking about how you want to be interacting with with content and media instead of just passively feeling beholden to the channels that you’re already a part of, i think also helps just with that kind of awareness, like we used to pick up the newspaper every day from from from a doorstep. Yeah, yeah, from the news stand okay, okay, which never like two minutes or so left. What else? What else? You have some ideas around filtering fill your other ideas around filtering content. Yeah, something that i found really helpful is that, you know, inside of channels like facebook is having private or semi private group that i engage in a lot more than just that generic kind of big news feed type engagement. So i’m not logging into facebook just to see what happens to be there. I’m logging in to go talk with this community. Andre could be really small or, you know, they could be professional, that i’m not saying there’s only one type, but i think creating some kind of safe private spaces with your friends, with family, with people that you like in any other way is really helpful because even what i have found t use facebook, arlington is two examples of people will still reference content in that group that maybe, you know, is everybody’s sharing that, saying on facebook or there’s a big news item on lincoln that lots of people are interacting with, but it’s a it’s a different way to talk about it in that group than it is often, you know what i’m talking about, where, like lots of different voices jumpin on a thread, and it just turns into a dumpster fire so instead, you know, having a kind of smaller, safer space to talk about things again just makes it feel a little bit more positive to engage their, especially around news items. Then it would be i just feel like you’re commenting on somebody’s post again create small groups that you want teo intentionally interact with versus just waiting to see who’s online and there could even be offline in your really real time real life community. Oh, my god! Okay, we get yes, yes. Oh, yes! Oh, heretical. How heretical is that? All right, we got to leave it there in the sample ward. Thank you so much. Thank you. You’ll find her at amy sample, war dot or ge and at amy r s board next week. I don’t know next week. Oh, no, i do know. Next week i was going to threaten you with fermentation that we actually i thought it might be from fisher, but no, we’re not doing that. It’s going to be with jean takagi. Jean takagi is returning and we’re going to talk about fiscal sponsorship. Big topic. I think we’re going to the whole show. If you missed any part of today’s show, i beseech you, find it on tony martignetti dot com. Responsive by pursuant online tools for small and midsize non-profits data driven and technology enabled and by we be spelling supercool spelling bee fundraisers we b e spelling dot com our creative producers claire miree sam liebowitz is the line producer shows social media is by susan chavez. And this very cool music is by scott stein be with me next week for non-profit radio big non-profit ideas for the other ninety five percent go out and be great. Hey! What’s not to love about non-profit radio tony gets the best guests check this out from seth godin this’s the first revolution since tv nineteen fifty and henry ford nineteen twenty it’s the revolution of our lifetime here’s a smart, simple idea from craigslist founder craig newmark yeah insights, orn presentation or anything? People don’t really need the fancy stuff they need something which is simple and fast. When’s the best time to post on facebook facebook’s andrew noise nose at traffic is at an all time hyre on nine a m or eight pm so that’s, when you should be posting your most meaningful post here’s aria finger ceo of do something dot or ge young people are not going to be involved in social change if it’s boring and they don’t see the impact of what they’re doing. So you got to make it fun applicable to these young people look so otherwise a fifteen and sixteen year old they have better things to do if they have xbox, they have tv, they have their cell phones me dar is the founder of idealist took two or three years for foundation staff to sort of dane toe add an email address their card it was like it was phone. This email thing is fired-up that’s why should i give it away? Charles best founded donors choose dot or ge somehow they’ve gotten in touch kind of off line as it were on dno, two exchanges of brownies and visits and physical gift mark echo is the founder and ceo of eco enterprises. You may be wearing his hoodies and shirts. Tony talked to him. Yeah, you know, i just i’m a big believer that’s not what you make in life. It sze you know, tell you make people feel this is public radio host majora carter. Innovation is in the power of understanding that you don’t just do you put money on a situation expected to hell. You put money in a situation and invested and expected to grow and savvy advice for success from eric sacristan. What separates those who achieve from those who do not is in direct proportion to one’s ability to ask others for help. The smartest experts and leading thinkers air on tony martignetti non-profit radio big non-profit ideas for the other ninety five percent.

Nonprofit Radio for August 18, 2017: 5-Minute Marketing for Planned Giving & What’s Fair Game?

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Maria Semple: What’s Fair Game?

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Info you find on LinkedIn about a potential donor belongs in your report on the person. What about Facebook and Instagram? What if the tidbit is embarrassing or compromising, but valuable to your org? Should you friend prospects to learn more? Maria Semple walks us through the ethical conundrums. She’s our prospect research contributor and The Prospect Finder. (Sounds much more interesting than the first segment.)

 

 

 


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Hello and welcome to tony martignetti non-profit radio big non-profit ideas for the other ninety five percent. I’m your aptly named host. Oh, i’m glad you’re with me. I’d become fei broke calcification if you hardened to me with the idea that you missed today’s show five minute marketing for planned e-giving the best person to reveal my wildly simple plan giving promotion tips is me oh boy, i don’t know what i’ve gotten into, but i’m here and what’s fair game info you find on linked in about a potential donor belongs in your report on the person. What about facebook and instagram? What if the tidbit is embarrassing or compromising but valuable to your organization? Should you friend prospects tto learn more about them? Maria semple walks us through the ethical conundrums she’s, our prospect research contributor and the prospect finder this sounds much more interesting than the first segment and ah, much easier sarrantonio take two planned giving timing we’re sponsored by pursuant full service fund-raising data driven and technology enabled, you’ll raise more money pursuant dot com, and by we be spelling super cool spelling bee fundraisers we b e spelling dot com all right, well there is not a guest to welcome because, uh, i’m it, um, it’s a little awkward, because although i do a ton of speaking training this, you know that i don’t know, i think it’s very different that’s on a stage, people expect to hear me because i’m in the program it’s not like i just walked in, but i have crashed a few conferences, but they never up on stage. It hasn’t been successful yet, but those aside, you know, i’m in the program i mean, i mean, alright, i’m in today’s program it’s been booked, i’m booked for the spot, but the show is never been me sharing, you know, for, like, for a full segment. What? What i purport to know about planned e-giving or charity registration. You know, i filled in from time to time. Ah, guest is lead or a segment ran short maybe a pre recorded thing man short. And so i would fill in for, like, five minutes or seven minutes or so think is probably the most, but this is, uh this is a different one. This is different experience. Andi, i’m ah, i’m a little nervous about it. My voice just cracked like i’m a fourteen year old. Um all right, well, i mean, i certainly capable, but it feels weird that’s what i’m saying, it just feels different. This is not my typical venue for me to be speaking without having somebody to talk to. Let me just do a little technical detail first, sam is the facebook shared on facebook live shared on the non-profit radio page, can we, uh because i don’t want it just on my personal pager doing facebook live today? I don’t know if maria simple is going to do facebook live on her end, but you’ll you’ll certainly be hearing her when when it’s her turn. But look at me. I’m already rushing to the second segment already know this is this is okay. Not yet. Not yet. Maria, hang on. Okay, so you want to share the facebook live to the non-profit radio page so that it’s called tony martignetti non-profit radio. Okay, i have to do it on mine. Okay, so ah, i apologized, teo, podcast listeners for ah, for this. You know, just give me a little technological moment, okay? I’m in my facebook. Ah, i see. Live what? Ah, sam’s. Gonna say, i’m gonna take my phone and take care of that and of course, you know, we’re gonna get to the five minute marketing tips. Just hold your horses. You’ve got a nerve, you know, nervous guest. Okay, sam is going to take care of that. So five minute marketing i haven’t expanded version of this that i have done at conferences runs on for ninety minutes or so you’re not getting that version. Don’t we’re going to keep to the toe? Keep to the hour. Okay, but, you know, i mean, if you want me, tio training your conference. I love teo. I love to speak just this is today’s a little weird. So so here’s what? I ah anticipate we’re going to cover very briefly. What plans giving is we’ll make sure everyone’s on the same page with that. What kinds of non-profits benefit? Like what? What do you need to have in place before you can start your plan giving five minute marketing. Okay, on dh. What? The radical revocable planned gift are that that we’re going to be talking about marketing for and there’s a lot more plan giving beyond revocable but that’s what’s going to talk, you know, which is like scratching the surface, you know? Well, it’s, not bite off too much. I want you to get going with plant. E-giving and it doesn’t have to be in depth. So we’re starting with the revocable, and then we’ll get into the marketing tips, which is the bulk of book of our time. Okay, i’m feeling a lot more comfortable but it’s still also a little weird now, it’s like fifty, fifty instead of like ninety ten on the weighted to the weird side now, it’s like fifty fifty okay. Plan giving this’s a method of giving that is long term, involves the donors consideration of their long term plans. Their state plans a retirement plans very different than asking a donor, too, right? A fifty dollar check or even a half a million dollar check or a five million dollar check. These thes gif ts involved more personal considerations of family on dh. How your charity fits into their much longer term plan. And then, typically, these are cash to your organization when the donor dies. So again, long term, if you get a sixty or sixty five year old to include you in their will, they’ve got a twenty five, thirty, thirty five year longevity. So long term. You need to have this long term view of fund-raising. Your board needs to have that. We’re going to get to that board support. But this is not the type of giving that is going to pay the five year capital plan. Or or, you know, any kind of immediate immediate budget needs that you have. This is long term fund-raising. I want to stress that the outset that this is not on ly for your wealthy donors, i mean, the five minute mark in tips i’m going to be giving you these these quick ideas, these air, we’re going to be doing these for all your donors. We’re not getting into discriminating by age, um, because these are easy tips. So i want you to know that these are ideas that are appropriate for any donor-centric to get to this is not on ly for your wealthy donors and all of plant that applies to all of planned e-giving people are very modest means can be terrific planned give prospects i literally mean, if they have been giving you fifteen dollars, a year and they have been doing it for many years, like twelve of the past fifteen years, or eighteen or nineteen or twenty years of the past twenty, they are great plan giving prospects. This is not playing e-giving is not only for your wealthy donors, please take that away and that does not applied on ly to what we’re talking to about today. All of planned e-giving people have very modest means, very modest can include you. In their state plan, the smallest plan to gift i’ve ever seen was a thousand dollars in someone’s will and that’s very rare that i’ve seen that only a handful of times in twenty years. Thank you seventeen twenty years i’ve been doing plan giving only seen a couple seen that a couple of times the average charitable bequests in which you’re gonna be talking about a lot about will’s requesting a will, the average is around thirty six to thirty seven thousand dollars is the average bequest, so please take away planned giving is not on ly for your wealthy donors. Um, we’re going to ah, i just got, you know, we’re going to take our break now, and when we come back, then we’re going to get into what you need to have in place, what kind of non-profits benefit what these revocable gifts are that we were talking about and the marketing tips stay with me. You’re tuned to non-profit radio tony martignetti also hosts a podcast for the chronicle of philanthropy fund-raising fundamentals is a quick ten minute burst of fund-raising insights published once a month. Tony’s guests are expert in crowdfunding mobile giving event fund-raising direct mail and donor cultivation. Really, all the fund-raising issues that make you wonder, am i doing this right? Is there a better way there is? Find the fund-raising fundamentals archive it. Tony martignetti dot com that’s marketmesuite n e t t i remember there’s, a g before the end, thousands of listeners have subscribed on itunes. You can also learn maura, the chronicle website, philanthropy dot com fund-raising fundamentals, the better way. Welcome back to big non-profit ideas for the other ninety five percent since people joining us because that voice again joining us on facebook live. I gotta gotta shout them out. J frost hello. Thank you. Interesting subject. You’ve had me. Uh, jay, didn’t we set something up there? I speak about this. Or maybe i did charity registration for you, but j, are you running for congress? I heard that. I don’t know if it’s true. Let me know if you are running. I admire that very much. If you are. If you’re not, i, uh i still admire you, but you’re a little more lackluster than if you are running. Jackie likened jackie, laken maria and and that’s it okay, so far so far. Ok, cool. Thanks for being with me on facebook. All right, let’s, get into which organizations benefit right now. By the way, i feel much more comfortable now. Now. It’s like ninety five five in my comfort in this format, speaking alone. All right, so what do you need to have in place? You need to have individual donors? If you are strictly grant funded government funded fee for service funded, then you don’t have any potential for plan giving. You need to have individual people e-giving from their pockets and that’s distinguished from people who get you corporate gifts from their employers. That’s different you need to have people giving from their pockets, maybe it’s just your board. I hope all your board is giving from their individual pockets. They certainly should be. Lots of guests have made that case over the years, but, you know, it’s limited to the extent that you have individual donors, if you have lots of people who give individual gifts and great that that is a prerequisite also some longevity i’d like to see at least five years in an organization, because what are we asking the donors to do put you in their will or their other long term plans? Retirement said retirement or state plans inherent in that is the belief that your organization is going toe outlive them. And even though there’s, great passion and even fury sometimes around, you know, new organizations, they’re going to live forever. Your donors don’t may not have the same confidence probably don’t that you do when you’re a brand new organization, so i’d like to see at least five years that gives some confidence that your organization will survive the people who make these plan gifts for you some depth to i’d like to see more than just ah, founder and one or two people, same reason longevity, you know, you might have small potential again. Maybe just you’re bored if you’re just a founder and one or two people. But ah, outsiders is going to be much harder to persuade outsiders that you will survive them if ifit’s a tiny organization just a few people. The long term view of fund-raising i explained why before this could be thirty years waiting for cash to come to your organization. So you need to have a long term view of fund-raising um, and you’re bored metoo needs to understand that building endowment, i hope every knows what endowment is just in case endowment is that fund that you never spend the principle of you only spend, eh? Well, you may not. You only spend income and you may not even spend all the income you have a very good year in your returns, you know, in eight or ten or twelve percent year because non-profits are typically conservatively invested, you’re probably not spending that eight or ten percent, you’re spending a lot less like half of that because they’re going to be years when we turned your lower but that’s the purpose of an endowment isto live perpetually live forever. Hopefully, you’re never spending more than income and plant giving is perfect for building endowment because so many plan gifts are unrestricted and they could get put into that endowment fund, and even a lot of the restricted ones can go to endowment of creating endowed funds for aa program of yours. Ah, scholarships or popular if it’s ah, you know, if it’s some kind of school college, anything you know, really a donor could endow just about anything programmatically, as long as you are willing your organization’s willing to continue that program. So plan giving very good for building endowment. That board support. I mentioned any new initiative. If you’re gonna start planned giving, you need to have the board on board and aware of the long term nature of these kinds of gifts six months into this, you don’t want to boardmember complaining, we haven’t recognized any cash. You’re spending time, even if you say it’s only five minute marketing and but where’s the cash you don’t want that so set the expectations correctly at the outset, but your board members know again long term could be twenty, thirty years for some donors until the cash is received by your organization and any type of mission. I really don’t care what you do if you’re saving animals the sky, trees, educating, feeding, sheltering what else can we be doing? You know any of the charitable missions, anything religious, anything, social service, cultural museums. I worked in the north buried, um, you name it. Anything charitable, it doesn’t matter. Everything i’m going to sixth explain applies for you fund-raising across all charitable missions guaranteed um snusz cj frost in answer didn’t answer whether is going for congress. All right, maybe he’s not. Oh, not yet. He says. Not yet. Okay, well, getting there? Yeah. It’s easy for me to say. Why did you do it? Tony? Martignetti plant giving. So when we are ah, yes, this is this has come up for me a lot. Sexism. I want you to avoid not giving women the attention that they deserve in planned e-giving this goes back to january two thousand eleven, you can go to tony martignetti dot com could see the block post. Just just search sexism. A tony martignetti dot com. You’ll see the post i did and one of the comments. So what i’m what i’m quoting now from is from a comment not me surprise, not quoting myself. There were women who said that they had dropped hints, left messages, sent emails or boldly said something about a state planning and planned e-giving two non-profits that they had been supporting and this was more than one woman, it was one comment or talking about friends of hers, and they have been ignore it. I don’t know how that could possibly happen that is gross negligence and oversight just don’t don’t ignore women. I mean, they have money and they live longer than men, so a lot of men are giving the money to the women. But even if they didn’t, even if they had a shorter life span, they’re still half the population, women have wealth, and they want to support non-profits, so i don’t know how these hints, messages and bold statements could possibly be ignored. Don’t let that happen in your office, it’s gross. All right, we’re moving now to the what what types of gifts i’m talking about. The revocable plan gifts the three. I want to focus on our charitable bequests, that’s, a gift in your will. I got more detail on that living trusts to type of trust that people set up is not charitable purpose. It’s not set up for charitable purposes, but you could be a part of it and being named a beneficiary. Okay, those are the three revocable gifts that were focusing on today. There’s, a ton more you, khun do cracking again, oppcoll sip. Pardon me. Ton more you can do with planned giving, but oppcoll um, i’m only focusing on three things today that these three revocable gifts cherokee, facebook live says yes, we do. Tony yes, women have money and they want to give it don’t ignore them. All right, so these are the three revocable gifts that i’m focusing on because, you know, it’s only a half an hour now and now i feel like i don’t give myself enough time she’d done the whole show. Maria simple, you’re out, you’re out. I’m going out for sixty, all right? No, no, uh, let’s. See? And i want you to know that you can have a very, very respectable planned e-giving program just by focusing on these three revocable gifts, your organization may not be big enough to go any further, and that is fine. And you can have a really respectable, successful plan giving program if you just focus on these three types of gift. Well, you’re already feeling like i’m going to run out of time. All right, all right. So please take that away along with its not only for your wealthy donors. Please take away that you could be a very successful planned giving shop just focusing on these three revocable gif ts absolutely you’re bigger. You want to go further? Absolutely, andi, i worked a lot of organizations that do but also work with a lot that don’t all right. This charitable bequests again, it’s a gift in somebody’s will it’s the most popular kind of planned gift by far, you can expect like seventy five to eighty percent of the gifts that you get to be gifts by will. Why is that? Lots of reasons people don’t have to tell you that they’ve done it? It’s private, we always asking we always want people to tell you because you want to be able to say thank you, but they don’t have to, they can change their minds. This national statistic is like four percent of people change their minds after they put a charity in a will so it’s highly highly unlikely, but you don’t want to be in that four percent. You’ve got to treat your donor’s well and it’s comforting to donors to know that they can change their minds because that’s why a lot of donors don’t tell you because they feel if they do. Tell you, they then have an obligation not to change their minds. We all know that that’s not true. You can change your will anytime you want. I cut my wife out routinely every couple days. There’s. Nothing left for her, but u s so it’s comforting to your donors to know that they can cut you out, even though it’s highly unlikely. But it’s a reason that’s another reason that gift by will are so popular because it’s comforting to donors to know that no lifetime cost this is money that comes out of your state. Lots of people have charity they’re supporting, they wish they could doom or than they can while they’re living. I’m in that situation, but they can do for you cracker voice again. They can do for you mme, or they could do more for you in their state so that maybe their ultimate gift has to be for a lot of people again, remember modest, modest means donors of modest means. They wish they could do more, but they can’t, but that’s an advantage in that there’s no lifetime cost to these. Okay, that’s really? Pretty much all i want to say about requests. No, except for do they get a charitable deduction. Doesn’t matter because these are people who love your love. Your non-profit they’re already donating to you. These are the kinds of people who’re gonna include you in their will. So the charitable deduction, the estate tax deduction who knows what the state of it is going to be in the future? We have no idea, even within the next couple weeks and months, let alone twenty, thirty years from now. But that’s not the primary motivation for most planned gift it’s not that it’s, not the state tax deduction, so don’t worry about it. Okay? The other one, we won’t talk about his living trusts. As i said, it’s set up um, teo, not for charitable purposes. They set it up. People set it up for expedience to get get things out of their state faster. It works because there’s not a court supervised process like if if like it isn’t with a will called that you might have heard this probate process jargon jail, but the probate processes the court supervising the distribution of your assets after your death and by the way, i was death, you know that some people like to i don’t kind ofyou from eyes passing demise. The fact is, you know, we’re going to die and that’s ah that’s, just a part of planned e-giving and when i’m not saying, when you talk to a donut, you’re saying, when you die, we want you in our will we want to be in your will i’m not saying that, but between professionals, you know we can we can say death so that’s what probate is that court supervised process and the assets will get to ah teo ball beneficiaries quicker through a living trust and that’s typically white set up what’s your part in it. The trust has to say what happens at the donors at the death of the person who creates the trust. That’s, your donor has to say what happens. Ah lot goes to my husband, children, husband, wife, children, grandchildren, your charity khun b also one of those beneficiaries at the person’s death you could be named that’s. What? That’s what the value of the living trust is and the third one recovering is the name the beneficiary that’s? Just i’m gonna stop calling out my voice cracks that’s. The last one. I’m calling out the name beneficiary. Anything that has a death benefit. Think of life insurance, that’s, the most common example. You’ve got to decide where the death benefit is going to go, when, when, when you’re where’s, the money going to go most of it goes to husbands, wives, children, grandchildren. But maybe there’s a percentage for your charity. Five percent. Ten percent somebody can carve out. We always say family comes first. But after that, how about a small percentage for for our charity? But going beyond life insurance, some retirement plans, iras four oh, one case for three. B’s cept the small, small employer pensions. Some commercial annuities have death benefits. Some checking and savings accounts have ah, on brokerage accounts have have death benefit metoo them. So anything that has a death benefit your charity can be named all right now we’re getting into the actual five minute marketing tips that i have let’s start with events, drop a few speaking points into remarks were already hosting the event is not a plan giving event but any kind of gala. Any event where your c always speaking that’s probably everyone get them to say something about planned giving. You just need a couple of sentences. This’s. Not even well, i was gonna say not even a full paragraph, but two sentences. Khun b paragraph this is not even a full minute literally. I’m excited. We’ve kicked off a campaign to encourage you to remember us. You know, the organization in your will, it’s, very simple to do and secures our work long into the future. For instance, you know, then you can name a program or something that could be that could be endowed. I was talking about earlier, perpetually, or you could just, you know, rattle off program that you have. You know, you can support any of our great programs. You want more information? Talk to there’s a director development in the corner, you know, you know her. Talk to me. Talk to whoever it is. That’s it it’s like three, four sentences, quick it’s not the main part of the event by any means. Just we’ve kicked off a campaign. That’s a little news hook. It was something interesting kicked off this campaign. Love for you to be a part of it. It’s so simple you couldn’t tao any of our great programs support any of our great programs in the long term. Please talk. Teo. Whoever it is a t end of the program that’s it. I didn’t even spend a minute. Good thinking. I’m gonna run out of time. I should have we’re simple, you’re out. Um okay, five minute marketing was teo. So moron events pretty a program. You already printing a program for pizza? Put something about plan giving in the program. Put a little mention, you know, i’m the evangelist for plan e-giving without the religious overtones of evangelism, but you know, you’re doing the program. Same thing we’ve kicked off a campaign. I’m like dictating it to just start writing. We kicked off a campaign to encourage you to remember us in your will, it’s, so simple to do, secures our work long into the future. Your attorney is going to need our legal name, address and tax id. Here they are. Boom that’s it. Can you put that in your program? But you can or, you know, if you don’t even wanna go that much, just say we kicked off a program. Talk too. Whoever it is, whatever the contact person is. Please. I would love to talk to you today. Get something in the program again. Not spending any more money. You’re already producing programmes anyway. Kayman sample ward is on social media contributor and the ceo of and ten the non-profit technology network out in the prophet oregon. Yes. Wonderful. Welcome, amy. Well mmm. So many. I can’t name them. Uh, not that many more. A couple more. We gotta live. Listen, love too. That’s coming later with second segment. Okay, um okay. That’s it for events again. You not spending any more money already producing the program? Say something. You put something in your already speaking put in a couple of dropping a couple sentences. Oh, my gosh. Print channels. You doing newsletter? Or whether it’s print or email put in a sidebar with the same thing we’ve kicked off a campaign love to have you participate it’s so easy all you need is our two included to include us in your will. Well, you need your legal name, tax id and address. Here they are. Boom! Drop that into a sidebar on any whether it’s print or digital your annual report. Whether you do a printer digital say something about planned giving, innit? Also now i know some organizations i know are getting away from naming donors. I’ve learned that that’s in their annual report, it was always so cumbersome, you get the misspellings and i got so embarrassing the wrong levels. But if you’re naming them, if you’re naming donors in the annual report include your plan giving donors any direct mail you might be doing joppa buckslip in, you know, that’s, a book of your buckslip two third of a page, you print three and page drop it in the same thing that i’ve been talking about kicked off a campaign love to have you participate all your attorney needs is our legal name, tax id and address here they are boom drop that in it’s a third of a page doesn’t cost any more doesn’t increase your postage um, while you’re doing that while printing on direct mail printing envelopes on the envelope flap the flap that you’ve got a print, the envelopes anyway a checkoff box send me information on including your or the name, of course in my will we’ll check off everybody reads that everybody sees the envelope flap so easy i think i gotta wrap it up down i say, sam nods all right, so, uh well, time flies. Holy cow. It’s amazing. This show is out of control. What a show! Um, okay, that’s, five minute marketing for planned giving and what’s fair game with maria simple is coming up first pursuing acquisition campaigns. You need more donors, new donors, it’s their next free webinar on acquisition campaigns getting your new donors what works to inspire that first gift. They’ll have lots of examples actionable strategies which i love you know, i’m always drooling down with guests. I don’t know if people get annoyed but durney bluhm welcome on facebook. Cool. Thanks for joining me. Um, i know people get annoyed. I know listeners. Don’t have guests do but drilling down to actionable steps? I don’t like vagary, i don’t like ten thousand i mean sometimes ten thousand feet, yes, but then we got to drill down. You got to start it. You start high level but then we drill down to tactics. Who actionable steps that’s what i love and that’s what pursue is going to have in this in this webinar that’s? Why they’re that’s, why they sponsor non-profit radio for pizza and so s so now where do you go to register gnome or pursuing dot com click resource is took their bernard no that’s out. Don’t do that. Go to the custom, earl. They have a landing page for non-profit radio listeners. They stepped up their game so we’re stepping up. We gotta step up our game and i need listeners to go to this landing page. So, tony dot m a slash pursuant with a capital p please. In bentley, it matters. You gotta have the capital p in pursuing tony dahna slash pursuant that’s where all the pursuing registrations are going to be from now i’m for now provoc radio listeners i announce our three fifty that they pursuing has, uh, renew their sponsorship. So grateful for that, tony that m a slash pursuant capital p for the acquisition campaign’s web in arts on august thirty first, but if you can’t, oh, it doesn’t really matter, because if you can’t watch live, sign up there on that landing page and then you’ll get an email that tells you when the archive is up. But if that happens within forty eight hours of the live, so if you can’t make the r live watching archive, sign up and you’ll get an email tells you how to watch the archive. Tony dahna may slash pursuant, we’ll be spelling. Please watch the video. See what a fun night of millennial fund-raising looks like that can be yours. This could be your fun night it’s devoted to you it’s not so there was some confusion. Some people thought it was a bunch of charity’s one night. No, we’ll be spelling hosts this for you, for your charity, a night of live dance comedy, um, music, live music and spelling and fund-raising for your organization, this could be cool for any millennial supported organization. If you’re trying to acquire millennials on dh encourage them in get them activated or if they’re already supporting. I don’t know. Uh, i know any sample or do you still on? I don’t know. I don’t want anybody on the spot but intent should consider ah, we’ll be spelling. Um, okay, so check out the video. We b e spelling dot com and then talk to the ceo alex career. You know, he’s a nice guy. He was on the three, fiftieth. Just pick up the phone and talk to him. We be the spelling dot com. Now time for tony’s. Take two and, uh, plan e-giving what do you know? What a coincidence. See how this show is orchestrated? This doesn’t just happen. This is a thought goes into this. Or you could say i have such a limited before that the topics have to coincide because i got so i got so naturally that’s going to come up have to sound the same show. No that’s, not the case planned giving the timing does not matter. I want you to get started with plan giving using those five minute marketing tickets i gave you. And it doesn’t matter when you get started. It’s not, you know. This is informational it’s educational it’s not write us a check. Now you know it’s, our it’s, our annual campaign it’s not like that this’s informational stuff educational donors are going to do it on their timetable, but you’ve got to stop start marketing and promoting the idea. That’s okay, so it doesn’t matter when you start so today’s friday for the live listeners yourselves, the weekend maybe take monday to talk to your ceo tuesday should be starting five minute marketing tips in plan e-giving that’s what i would say so give yourself till tuesday on dh for people listening podcast and of course, our affiliate listeners. So that’s, give yourself three days and then on the fourth day on the fourth day, he said you should begin plan e-giving that’s when the light comes, i don’t think it was the fourth day, but i’m not. I’m not steeped in genesis, okay, the video if you need more promote if you need any more encouragement than that, you could watch my video promote planned giving your timing doesn’t matter. It’s at tony martignetti dot com that is tony’s take two. Maria simple has been patiently waiting. You know her? Aside from a patient waiter, she’s, the prospect finder she’s, a trainer and speaker on prospect research. Her latest book is magnify your business tips, tools and strategies for growing your business or your non-profit she’s. Our doi end of dirt cheap and free ideas. She’s at the prospect finder dot com and at maria simple and she’s on the phone. Hello, maria. Hello, tony. How are you today? I’m doing great. My voice krauz i said i was gonna do that, linda, like kowski joined us. Hello, linda. Jackie liking says hello from noven health. Hello, jackie. I wish you were coming to the beach. She bagged out on me. Um okay. Maria? Yeah. It’s good to talk to you. Last time was very brief on the three, fiftieth that’s, right? That’s, right? And so now we’re plugging ahead to your for four hundred shell, right? That’s? Correct. It’ll be july twenty eighteen. Absolutely. In the meantime, way want to talk about ethics and what’s what’s fair game. What? You deal with this every single time you’re doing an assignment for a client, right? Yeah. Yeah. That’s. Right, tony, i mean, you know, when we’re talking about prospect research and we’re thinking about all the various tools that we have available to us as prospect researchers, you know, we have to think about what’s available in the public domain because that’s, the thing that’s going to be really important, keep in mind that a donor has the right to come in at any time and asked to see what information you may have compiled on them. So you want to make sure that that you’re always using sources that are available in the public domain. So where we kind of get into some gray areas are in the area of social media sites? Yes, okay, and i think that’s a very, very good test never put anything in your c r m database that you wouldn’t want a donor to read, i think that’s a good test. What do you think? Yeah, yeah, and and i think even even in the way that you’re writing up your reports, try and think about it as an investigative reporter trying not to put subjective statements in there, even if they may have been sort of subjective statements that you might have heard, you know, through the grapevine from volunteers or board. Members or whatever about somebody’s lifestyle or their marital status or whatever it may be, you know, try and just put a statement in there, you know, like whatever the couple divorced in x y z, day ten, you know, leave it out that i don’t think anybody would take offense to that very objective. A bunch of people just join us on facebook. So i got to tell you that we’re talking about the ethics of planned, of, of prospect research and what’s appropriate to be documenting and finding about potential donors. And i want to welcome michael zeller, attorney in north carolina. Just charlotte just hosted an outstanding fiftieth birthday party. Oh, my god. Michael, that was outstanding. You know, i know that. You know, i feel that rob maker. Good to see a rab. Welcome. And dahna gillespie dahna collectibe rivera, but i know it. I know. He’s dahna gillespie. Welcome. Um, okay, so but there can be great value in the end. What you find in social media, of course. I mean, people put a lot of stuff on social and their privacy settings are typically, i think, generally not set the way they want them. And but so there can be a lot of prospect research gold in in the networks, right? Yeah, that’s, right? So, you know, what i thought we might do is just sort of talk about sort of the top three networks for a couple of minutes, like the linked in facebook and twitter and may be trying to figure out, well, what types of information can we glean on dh? Should we be cleaning it? Should we be using it? You know, even if we were stumble upon it, that doesn’t necessarily mean that you put it into this. C r m r we’re into a written report. Yeah, okay, it’s, anarchist, but that’s way could do it that way. I’m just you know, i was thinking of some of the things that you could find out. I mean, you can find out about divorce, right? You know, i’ve had friends, i’ve had two friends who were posting about suicidal, suicidal thoughts, you know? I don’t know probably a lot of people see that, but i mean, that’s very disturbing, but does it belong in a prospect research report? Maybe i don’t know, maybe if you’re looking for that plant. Gift let’s not go there. I’m just kidding. Ae okay, i’m gonna let you off the hook. But it’s, good let’s go over that. We’ll skip over that. Okay? You know and and the words very sensitive stuff. Okay, so you want to you want to start with it? Works. All right. Let’s start with now to me, linked in to me, anything on linkedin is fair game in a prospect research report is that is that is that am i overstating and my oversimplifying? Yeah, i think that anything you find on lengthen, especially since lincoln has what they call a public profile that is out there it is searchable on google. It will come up on page one of google’s search results. If you if you google your prospects name, they’re linked in profile is going to be there. So yes, indeed, anything that you find there is going to be a public domain, and this is sometimes very valuable information. You’ll be able to find out, you know, their longevity at various companies. Maybe some of the companies that they’ve been associated with may have been for for a long period of time. Maybe they’ve got some. Stock that they’ve accumulated from within that company so you might want to think about steering the conversation in the direction of appreciated securities. Okay, okay, but we wear what we want to focus to on the ethics. So so basically, linkedin is do you consider linked in to be wide open? Yes. Okay, absolutely. Okay, i don’t see any ethical questions around anything that people might find in linked in. No, not not what they might find, but the ethical question might come in as to how you as the prospect researcher or the executive director of the development staff using length in how you might have your own privacy setting set up in such a way that, um, you know what other people can see once you’ve looked at their profile, right? So you have three choices on lengthen. You either have people know that you’re looking at there, profile your face, your title and where you work, right are going to follow you everywhere on linked in that headline and a picture so that’s full transparency when you have your privacy settings set up that way, that means they get to see you’ve been looking at them. And you get to see who’s been looking at your profile, but lincoln has two other privacy settings. One is sort of a semi private where, you know, you could be a management consultant in x y z industry in new york city area. Or you could be anonymous when you’re in one of those two modes, then people will not know that you’ve been looking at their profile. Okay? And we have covered this before. You know, this is what i consider fully dressed topless and naked. That’s. Right? Okay. All right. Uh, look, i got a chuckle out of maria. Simple she’s. Probably the only one that’s. Okay? I amuse myself. People should know. You know, if you don’t think i’m funny, i’m amusing myself that’s the most important. And i forgot to shut out joan pel xero i’m sorry, joan. I skipped over you. I scrolled up and then i lost you. Joan pills her on facebook. Thanks for so much for being with us. And also ralph asante and, uh, and mary and mary michalowski joined. Hello, mary. Thanks for joining us on facebook. I might do this more often. This is cool. Um all right. So ethically linked in safe now, let’s, go, teo. Ethical conundrum, where you want to go next, all the anarchist, i’ll give it to you where it’s, like, you want to know what network that let’s talk about facebook, okay, so wide open, okay, yeah, i mean, that’s, the network where people are really sharing about their family, their pictures wait, no, this so what? What do we do with what do we do if we find something that we believe is compromising, like let’s, say, a divorce that that maybe they don’t want the organization to know, but maybe that’s? Just what that’s, just one example, but compromising, but valuable to the organization. How do we deal with that? Again, i think go backto original statement if it’s going to if it’s going to jeopardize your relationship with that donor or that donor prospect, i think you leave it out of the conversations, you leave it out of the c r, m u leave it off of written reports, so if you could just sort of have that is your bellweather, i think it will serve you well, okay, okay, and also you’re your organization might have social media guidelines in place, so check that out first as as your you know, you may have certain guidelines that you, as an organization have decided upon. So if that is the case, anybody knew that you’re bringing into the organization should be aware of the social media guidelines both in terms of how they’re going to use social media for are on behalf of the organization, but there may also be, you know, standards of conduct that they’re expecting a view is an employee’s so again, default back to that statement and default back to your own bellwether your instincts if it feels like it’s going to jeopardize that relationship, don’t put the info in there also apra the the professional association for prospect researchers has a statement on ethics, and we’re going to talk about that after the break. So if your organization doesn’t have, you know, you might be a small organization without a social media policy as it relates to prospect research, apra can can help you out. We’ll get to that, okay, i like you’re like you’re like, you’re guideline, all right, we have just a couple minutes before a break, like a minute and a half a minute what’s the next network you want to talk about? Was it twitter waken talk about twitter that one probably won’t take long. You know, twitter is one of those social media platforms that people might be using, especially these days with regard to their politics, so the weather yet, and that might be important for you to know about depending on what type of organization that you are. So, again, if if knowing someone’s politics is important, you know, maybe checking out to see if they’ve got a twitter feed might be something you want to check out. Okay? Seems like you, twitter, you’re less likely to find something compromising it’s possible, but less likely to find. Something compromising on it. Okay, let’s, take a break. When we come back. I got, of course, i got live. Listen. Love podcast, pleasantries and affiliate affections, naturally, but also will get into the apra ethics ethics statement little about that, and we’ll see what else we had to stay with us. Like what you’re hearing a non-profit radio tony’s got more on youtube, you’ll find clips from stand up comedy tv spots and exclusive interviews catch guests like seth gordon. Craig newmark, the founder of craigslist marquis of eco enterprises, charles best from donors choose dot org’s aria finger, do something that worked neo-sage levine from new york universities heimans center on philantech tony tweets to he finds the best content from the most knowledgeable, interesting people in and around non-profits to share on his stream. If you have valuable info, he wants to re tweet you during the show. You can join the conversation on twitter using hashtag non-profit radio twitter is an easy way to reach tony he’s at tony martignetti narasimhan t i g e n e t t i remember there’s a g before the end he hosts a podcast for the chronicle of philanthropy fund-raising fundamentals is a short monthly show devoted to getting over your fund-raising hartals just like non-profit radio, toni talks to leading thinkers, experts and cool people with great ideas. As one fan said, tony picks their brains and i don’t have to leave my office fund-raising fundamentals was recently dubbed the most helpful non-profit podcast you have ever heard. You can also join the conversation on facebook, where you can ask questions before or after the show. The guests were there, too. Get insider show alerts by email, tony tells you who’s on each week and always includes link so that you can contact guess directly. To sign up, visit the facebook page for tony martignetti dot com. I’m dana ostomel, ceo of deposit, a gift. And you’re listening to tony martignetti non-profit radio. Big non-profit ideas for the other ninety five percent. Welcome back and i feel like starting with the with the shoutouts, teo, to our listeners, i’m going to start with facebook, but i don’t because it’s a fairly new formats only second time have dahna facebook live, so thank you, everybody on facebook! I believe i have shouted out everybody who joined us. Thank you for being there. Can i ask you to do? Ah one or two things like it and share it like it and share it. I think we know how to do that. I’d be grateful on facebook. Thank you very much. Live listen, love, we’ve got two in germany, guten dog, multiple. So multiple germany and seoul, seoul, south korea, always checking in so soul you’ve been on our minds, obviously a lot on your haserot comes a ham nida coming back into the u s, tampa, florida woodbridge, new jersey, matthews, north carolina and staten island and new york, new york, multiple new york city. Thank you. Multiple manhattan, new york appreciate that staten island. Thank you for being with us. Love it only to burroughs i don’t know. Queens, brooklyn, bronx. All right. Next time we have had a show way had a couple shows. Where was all five boroughs? And then, of course, the podcast pleasantries over twelve thousand listeners. Listen, that’s, why? You know, i don’t know if you put two and two together. It takes me over seven years to do that. But that’s, why? We have such loyal sponsors because there are over twelve thousand people listening to the podcast. So you know how grateful i am because it makes the show so much more fulfilling when there are sponsors, you know, helping me out. Basically mean that how else can i say it? So thank you for listening. You are attracting the sponsors to the show, and i do mean attracting the ones i announced it on the three fiftieth coming up. Wagner, cpas, that’s the only definite one. And i said there may be another one and there may still talking them, but they’re coming to me. So thank you, that’s over twelve thousand podcast listeners each week pleasantries to you and the affiliate affections to our am and fm station listeners through out the country. I’m not sure where you are, but what am i saying? I know exactly where you are and i even know when each station puts me in their schedule. Us, i prefer the us, puts us in their schedule, someone our block during the week, and i’m glad that on on your station, it could be saturday morning might be tuesday night, whenever affiliate affections to our am and fm listeners. Thank you for being with us, thanks to your stations for carrying non-profit radio multi-channel amy’s have award will love that were multi-channel we’ve been for years, and now we get into channel, i’ve discovered facebook only took me seven years, cutting edge, cutting edge what we call a pioneer. Yeah, right. Um okay. So, maria simple. Thank you for being patient again. The patient prospect. Researcher. Thank you. A lot of gabbing today. I’m off on tangents. All right? I feel like a facebook pioneer. I know. I know you’re not giving yourself enough credit. You’ve. You’ve been on facebook for a long time, it’s. Just that you’ve not been using this brand spanking new life from large. Yeah, mother it’s quite brand spanking new, but thank you. Thank you for you. That’s the point. Thank you for driving home that point and character chicken master just joined karen. Welcome on facebook. Good to see you. Thanks for being here. Okay, so we’re talking about the ethics of prospect research. Oh, my god. There’s tons more. How come they don’t show up on my phone? Because why? Oh, they’re in a group. That shit. Oh, my god. There’s! Hundreds. Well, dozens more scores, more than dozens scores more. Uh, okay, i don’t think i should do all those. But thank you. If you’re on facebook and i did not shut you out from from beth granger toe. Harriet steinberg to melinda roth. Epstein to eric mendelson. Thank you for being with us. Thank you so much. Thank you. Okay, so i maria i’m all right. So where do we go from here? Let’s talk about the apra s o apra aperribay pr. It started out as the american prospect research association. Then it became the association of professional researchers for advancement. Now, it’s just apra. So they’ve done to me that’s an abandonment of roots. They’re just apurate. Apurate. Apurate doesn’t mean anything to me probono actually ready haserot along they’ve been after all along i know what stood for different things. It’s i don’t know. I object to this rewrite of history like next it’s going to be we’re gonna be taking down statues of george washington and thomas jefferson in-kind i was around, i was around when they made that shift. And this this is the reason for it. They used to be just the american prospect research association. But now the association really envelope people from all parts of the world. So they wanted to be able to, you know, have that reflective of their their membership base. So now it’s, the association of professional researchers it’s like aarp. They don’t want to be the association. Of retired american association of retired persons anymore haven’t been for years. It’s history rewrite. I don’t mind change, but when it benefits me but it never does that’s why the world has to change without my consent i don’t know what this is, what i don’t i don’t grasp all right, let’s talk about their code of ethics anyway, so they have this ethical code and it does relate to social media specifically so right. So one thing i see is a balance for trying to balance the individual’s right to privacy with the needs of the institution that i like doing that. Yes, he did. And really, it is. It is very, very important that that that balance is capped for sure. Okay, yes. So drilling down on that. What about friends? They have they talk about. Should you be a friend to potential donors? People, you’re researching that’s a no, no. Right on. Yes. In terms of the essex statement that apple put forth that that that is correct, they would really recommend that you do not friend were really enter into a personal relationship with prospects or donors. Now lincoln could be, you know, a completely different platform, right? Because now we’re talking about a business social platform. Okay, right? All right, so but no friend. What about what? This seems like middle ground. What about following somebody on twitter? If you’re a prospect researcher, yeah, i mean, i think that that would be okay to be a follower on twitter because, you know, they’re again twitter feeds are very public, and so, you know, i don’t think there’ll be any issue. They’re okay, but you need to disclose who you are, that’s also in the statement in these guidelines, you need to disclose that you’re a prospect researcher for the organization. Do you need to say that? Um, well, you know, sometimes people will individually have ah, personal twitter account so that i feel the only twitter account that you’re following people from them, then you know, that is it, you know? So i think you have to start looking at your staff and determining, you know which staff members are on twitter hour? Is that the organization that it’s going to be a follower of that individual on twitter and again? It’s two very different to two very different things. Okay, okay, what about corroboration if you find something on a social network, is there an obligation as a prospect researcher to corroborate it from us from another source, or, like almost like a journalist or no? Yeah, if you can, absolutely ah again, is it personal versus business information? That’s going to probably make a difference in terms of what you’re going to try and source in terms of corroboration. But if you know you are, i’m thinking about having somebody make a major gift to your organization and you stumble across something on social media that gives you an indication that this might not be the right time to make that because you might have seen something going on on somebody’s personal facebook feed. You might just double check with you, noah boardmember that knows them well or something like that and just ask, you know, if they know anything about the timing is still a good time to talk to that individual. Okay, maria simple. We gotta leave it there. You’ll find the apra social media ethics statement at apra home dot or ge a after home dot org’s maria sample. Thank you so much. Thanks for having me. My pleasure. Absolutely. You’ll find her at the prospect finder and she’s at maria simple. You should be following her on twitter. If you’re not latto it’s your life, okay, next week, talking about risk your institutional funders. That’s going to very interesting. Plus, amy sample ward returns, and you gotta let me know what we’re doing. If you missed any part of today’s show, i beseech you, find it on tony martignetti dot com. Responsive by pursuing online tools for small and midsize non-profits data driven and technology enabled and by re be spelling supercool spelling bee fundraisers, we b e spelling dot com, more sponsors to come, our creative producers playing meyerhoff sam labor, which is the line user, shows social media, is by susan chavez, and this very cool music is by scott stein of brooklyn. Be with me next week for non-profit radio. Big non-profit ideas for the other ninety five percent. Go out and be great. What’s not to love about non-profit radio tony gets the best guests check this out from seth godin this’s the first revolution since tv nineteen fifty and henry ford nineteen twenty it’s the revolution of our lifetime here’s a smart, simple idea from craigslist founder craig newmark yeah insights, orn presentation or anything? People don’t really need the fancy stuff they need something which is simple and fast. When’s the best time to post on facebook facebook’s andrew noise nose at traffic is at an all time hyre on nine a m or eight pm so that’s, when you should be posting your most meaningful post here’s aria finger ceo of do something dot or ge young people are not going to be involved in social change if it’s boring and they don’t see the impact of what they’re doing. So you got to make it fun and applicable to these young people look so otherwise a fifteen and sixteen year old they have better things to do if they have xbox, they have tv, they have their cell phones. Me dar is the founder of idealist took two or three years for foundation staff, sort of dane toe add an email address card, it was like it was phone. This email thing is fired-up that’s why should i give it away? Charles best founded donors choose dot or ge somehow they’ve gotten in touch kind of off line as it were on dno. Two exchanges of brownies and visits and physical gift. Mark echo is the founder and ceo of eco enterprises. You may be wearing his hoodies and shirts. Tony, talk to him. Yeah, you know, i just i i’m a big believer that’s not what you make in life. It sze, you know, tell you make people feel this is public radio host majora carter. Innovation is in the power of understanding that you don’t just put money on a situation expected to hell. You put money in a situation and invested and expect it to grow and savvy advice for success from eric sabiston. What separates those who achieve from those who do not is in direct proportion to one’s ability to ask others for help. The smartest experts and leading thinkers air on tony martignetti non-profit radio big non-profit ideas for the other ninety five percent.

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Nonprofit Radio for August 11, 2017: Master Google AdWords & Master Your Decision Making

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Google has $10,000 of free advertising for you each month. Are you taking advantage? Learn about the program and how to plan your campaign. Also find the best search terms to bid on and stay on track as AdWords evolves. At the 2016 Nonprofit Technology Conference I talked to Jason Shim at Pathways to Education Canada, and Mark Hallman of Evergreen Digital Marketing. (Originally aired August 12, 2016)

 

Karin Hedetniemi & Jayme Nelson: Master Your Decision Making

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You make hundreds of decisions a day: some simple and some complex. What’s the science and art behind making good ones? You’ll learn how to pare down choices and ask yourself good questions. Karin Hedetniemi and Jayme Nelson are from the Inside Education Society of Alberta. This is also from 16NTC and the August 12, 2016 show. It’s 16NTC Canada Day!

 

 

 


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Durney hello and welcome to tony martignetti non-profit radio big non-profit ideas for the other ninety five percent. I’m your aptly named host. Oh, i’m glad you’re with me. I’d come down with trapani mitosis if you infected me with the idea that you missed today’s show master google adwords google has ten thousand dollars of free advertising for you each month. Are you taking advantage? Learn about the program and how to plan your campaign also find the best search terms to bid on and stay on track as adwords evolves the twenty sixteen non-profit technology conference i talked to jason shim at pathways to education canada and mark coleman of evergreen digital marketing. This originally aired august twelfth twenty sixteen and master your decision making you make hundreds of decisions a day, some simple, some complex what’s the science and art behind making good ones. You’ll learn how to pare down choices and ask yourself good questions. Karen headed niimi and jamie nelson are from the inside education society of alberta. Karen is director of business in human resources, and jamie is an educator. This is also from sixteen ntc it’s ntcdinosaur day on non-profit radio canada master day. Lots of mastering going on on tony steak, too solitude, responsive by pursuant full service fund-raising data driven and technology enabled, you’ll raise more money pursuant dot com and by we be spelling supercool spelling bee fundraisers we b e spelling dot com here’s master google adwords welcome to tony martignetti non-profit radio coverage of sixteen auntie si the non-profit technology conference. We’re also part of ntcdinosaur say, shins, we’re in san jose, california, at the convention center on day three of the conference. My guests now are jason shim and mark holman will meet them very shortly first have to shout out today this this interview’s not just one a day, but one interview swag item which is a brand dahna and it’s from ah on good from on good many ways to wear it and also ah ah yo, yo alighted yo yo which we don’t have enough not brought enough frame i can’t demonstrate my yo go pray yo, yo prowess i used to be able to walk the dog doo around the world, you know, rocket out horizontal butt now it was not to take my word for it that i can still do it, so this joins our swag pile. All right, jason shevawn jason is associate director of digital strategy and alumni relations at pathways to education in canada. Thank you. Very welcome back, jason. Thank you. Believe it was two years ago. It ntcdinosaur good memory and more. Coleman is president of evergreen digital marketing. Mark, welcome to the show. Thanks, tony. My pleasure. All right, gents, we’re talking about how to be a google adwords superhero waken rock this now let’s talk first about the ten thousand dollars per month program for non-profits who who knows this program best. Is it free? How do we where we find it? What is this? Who knows the best? Go ahead. Yeah. Basically it’s ten thousand dollars of in-kind advertising given by google every month. It’s rule over grantspace oh, there’s there’s no limit to it as long as you keep me in the grant requirements and basically it’s in-kind so the little adds it show up on the top the google search results and that’s what you get so it’s a great program be part of. Okay, where can we find info for people who’ve never heard of this before? Google’s website is, i believe it’s google dot com slash non-profits or for canada’s, google dot cn non-profits okay, and you get ten thousand dollars a month? Yeah, a month free. Edwards yeah, free. Albert is not a cash it’s non-cash granted in-kind advertising, but every month limited to three hundred twenty nine dollars per day. But every month on going, as long as you meet the program requirements, there is no expiration date. Okay, did you find it very hard to qualify if you’re i mean, if you’re in the u s and your five o one c three or if you’re in canada and you have the wherever the equivalent designation is, um, you’re a bona fide non-profit is that about all it takes are very much if you meet the requirements for being a registered charity, then you’re pretty much good to go. Okay, well, that’s outstanding, alright, i’m not sure how widely known that is, but it is now because everybody listens to the show. If they’re not, then they do. They ignored at their peril because then i don’t know. All right? Well, let’s, talk about some campaigning. Where should we start with our google now? We’ve got three hundred eighty nine dollars, a day forever where should we start our campaign? So i think that one of the first things to start off with is really identifying, you know what your organization’s your mission is, and then how you can align some of those add words to to align with, you know, with that that mission. So for example, for pathways to education canada, you know, our mandate is to help high school students that they’re living in low income communities to graduate from high school. So anyone searching for any topics that are related to, you know, dropout prevention or helping the high school students day in school or people that are living in communities that we serve, you know, whenever they’re searching for nothing’s, really to education and drop you? No, we make sure that we sort of an ad, so, you know, they confined our resources more easily and that we can get access to nothing’s like tutoring and mentoring and, you know, access to scholarships and things like that, so it really helps connect people with the resource is out in the community. Yeah, how do we think broadly about what keywords people might be searching for him and you know, i’m sure every organization could name half a dozen off the top of their head, but how do we go beyond that? Maybe listening on twitter? I don’t know. You tell me, how did it go beyond what it comes to it comes to mind immediately. I think it’s, you can start with a sort of ah thought experiment and just trying to get into that the heads of other people and really, you know, using your, you know, just general empathy. So when when you, for example, mark and i, we used to live in a way, we’re sort of used to work together in kitchen waterloo at a place called cries in family counseling services. And what we did was we were trying tio create ad campaigns to target people who are looking for things that couples counseling. Nothing is the market for key. Which couples counseling. You know, the bid rate is quite high, you know, for it. And then when you think about it, you know, by the times a couple realizes they need couples counseling. You know, you may have to pay more than what you have for those kind of words. You rewind it. You know, a month, six months prior. You know what? What kind of things might that couple be going through? And, you know, trying we want it that way. So the kind of things maybe bidding for it’s, like, you know, i’m having challenges, you know, communication with i suppose, you know, how do you resolve money issues? Fundamental difference of opinion about children. You know, things like that that, you know, you krauz you at the end of the path, you know, but for people who would require couples counseling you how to get to them a little bit earlier to connect them with the organization. So really, it’s just a lot of service sitting there and thinking, oh, i love that idea of thinking ahead because you actually beat the competition that is paying the higher price for couples. You know, for that phrase couples counseling, absolutely relationship counselling you can get. You can beat the competition if you’re thinking a couple of months earlier. What are they talking about? Like money? Children finance center? Yeah. Cool. On another example, i can provide and american and speak to this. Ah, as well. Let’s, when we part of the service that were offered was credit counseling, and the thing is, like payday loan places like they’re they’re willing to bid up to, like fifteen dollars per click and the google lad words krauz is limited to two dollars per click maximum. Okay, so you really have to be extremely creative when you’re thinking about, you know, for some of those services where you also, you know, essentially competing against for-profit right on do you know, how can you think about, you know, okay, so for people that are running into credit issues down the road, you know, what might have looked like six months prior? And, you know, maybe, you know, people are searching for, you know, troubles making their bills or looking for, you know, initial, you know, information about me, you know, loan consolidation or things like that, you know, before they get into that critical, you know, the moment where you know, they’re they’re living on sort of back to back loans and yeah, so it’s just a lot of thinking and but one of the greatest tips that i think we received when we first discovered head where it’s at it’s from the ultimate guide to adwords by perry marshall you know, way highly recommend that book through the ultimate guide to edwards yeah, it’s called okay. And if one of them was read cosmo magazine and, you know, i think cosmo magazine provides a lot of lessons around, you know that the way that it cost one magazine covers designed, you know, it’s it’s designed to entice, you know, people that are going through a shopping check out to pick up a copy immediately, and i mean, it’s been the best selling women’s back-up dean since nineteen seventy to know so you know, they really done that in the print industry on the transits quite well into design in-kind adwords campaigns as well, you’re tuned to non-profit radio tony martignetti also hosts a podcast for the chronicle of philanthropy fund-raising fundamentals is a quick ten minute burst of fund-raising insights published once a month. Tony’s guests are expert in crowdfunding, mobile giving event fund-raising direct mail and donor cultivation. Really, all the fund-raising issues that make you wonder am i doing this right? Is there a better way there is? Find the fund-raising fundamentals archive it, tony martignetti dot com that’s marketmesuite n e t t i remember there’s, a g before the end, thousands of listeners have subscribed on itunes. You can also learn maura, the chronicle website. Philanthropy dot com fund-raising fundamentals the better way. Dahna oppcoll is pathways to education canada using google edwards ten thousand dollar month program? Yeah, yeah, ok, and mark, you have other clients that are as well, successfully, yeah, a number a number and you’re going with jason’s saying as well to part of the big part of adwords is trying to think of you know how how our people need our programs and services are looking for us if you’re doing banner ads or magazine ads to to kind of show what your your services are in google search is very specific, you can’t think of what our people looking for it so how to use the wise all the questions for help versus the opportunity of having made a scene at where you can put a big, you know, big, full page description of what your services are. This is really an opportunity for people who are actively searching for your programs and services and bring them right back to website. So it’s a really important program tohave from non-profits okay, after we’ve set on decided on a set of add words, phrases that we can afford to bid on how do we? I’m thinking next stage is monitoring. Our our results day today is that if i skipped anything well, there’s there’s a process there’s the whole setup piece, which is your campaigns, i groups keywords creating your ads. But one side nuts and bolts piece of it is done gather it is the moderate peace and add words and google analytics are fantastic for that they show you clicked the rates that should you conversion rates if you have that set up impressions and something, and really manage actively and make wise decisions on a short term basis. And that’s what actually drew me, tio adwords and that grants program originally was the fact that i came from a auto background. We have the auto trader, which is it’s, a paper magazine, and anatoli, you’re hoping to see people come in and say, i came here because i read your magazine without words, jason first showing the dashboard the first day i’m like, okay, we can actually see that accent or people clicked this ad in this time frame. It went back to our website and took actions, so get the monitoring in the analytics part of is a really big piece it’s important? Okay, yeah, jason won’t you talk about this more? Yeah, what’s really great is that you can really make data driven kind of decisions, which is, you know, one of the hallmarks of working in digital, an example i would give us, you know, we we had run a campaign to get supporters to donate their air miles to our organization, and we worked off the assumption that, you know, people want to give their, you know, their airline miles, you know, the goodness of their hearts because, you know, you know, but what? We quickly realized that, you know, the think the ad copy was something along the lines of, like, hey, you know, i don’t need your airline miles to ah, charity focused on youth and, you know, the click to rates on that were abysmal, like they weren’t fantastic people kapin verdict, so we, you know, we sat down and went back and thought about it, and the ad copy that did perform better was, hey, i don’t have enough miles teo to go on a trip, you know, donate them to our charity instead, which reflected the kind of reality that some people face when you realize that you need like, maybe ten or fifteen thousand miles you wanna trip in just a thousand? Yeah. Dahna and they just want to, you know, do something good with it and, you know, because they can’t go anyway and that one converted three times better and it’s amazing to people to get, get the metrics around and really support some of those hypotheses around. You know how our people thinking, how are they behaving? And you can really test those out. And conversely, you know, sometimes you know the hypotheses that you come up, you know, fall completely flat as well. But it’s, you can always go back to the data rather than relying on some of these, you know, anecdotal, you know, kind of gut feelings. You can still have toast, got feelings, but you consistently validating them over and over again with the data, which makes us think, edwards, you know, one of most compelling platform’s teo, really experiment and run campaigns. Mark, you mentioned something. I want to die aggress to an add grants. You said adwords and add grants what’s with the ad grantspace program. Yeah, granted, we’re actually talking here for non-profits adwords is a platform. That google has five times in that sort of business is you and you pay for ads today, but i grantspace the non-profit program that’s just ten thousand dollars a month. Okay, exactly. Right. Keeping keeping a straight. All right. Okay. Well, all right. So now we can monitor results like day to day, right? I mean, we and at the end of a week, we can see one phrase, one word is performing quite well. Another is not so weii stop bidding on the on the underperformers that basically what what we do? Yeah, basically straight a be testing and if one odds working other ones not if it’s we’re talking incremental increases. Here is what we’re talking about. One point five click through rate versus the one point seven or two point three it’s not always an eighty twenty of this huge disparity. Okay, but over time, you can make these incremental increases and really improve your presence, and we’ll set up typically set up two ads per at group abila play them out like jason mention. We make assumptions about what’s going to work, and we’ll quickly learned that it does or it doesn’t, and they get to go on, we’ll pause the want ad, create new adam, obviously reset the process and move forward. So kind of a fun game that i have with my summer intern. So we get a summer intern every summer, and what i do is i challenge them to a competition, so every week will come up with an ad and you’ll see what the results are. And then we face off every week, so the lower performing at gets paused. And then we were both trying to create a better one every week. So, you know, by the end of the summer, you sort of have this, like, hunger games, you know, style of creation. You know, only the strongest survives the best click through and the best results and conversions. Okay, all right. Pathways, education canada benefits. All right, they’re the winners. All right, do-it-yourself time together. What? Let’s? See what else? You, uh, campaign what else can we say about a campaign but the ongoing but i think waken speak a bit to the google grantspace oh, program. So if you max oh, it’s, your ten thousand dollar grant does there’s a few of our requirements in there. You max out your the ten thousand dollar grant for two months out of the prior six months, a cz well as maintaining certain kind of quality metrics around new york like two rates and also setting up conversions non-profits are eligible to apply for the grants parole account, which is forty thousand dollars a month, which is nearly half a million dollars a year in in-kind ad revenue and, you know, that’s that’s a great way for, you know, larger non-profits or international facing non-profits to get additional kind of exposure grantspace pro it’s called that’s pro. Okay, ru is pathways, education and a grand pro now, yet we’re run away, but i know that a mark is pricked with several clients against pro against yeah, we we have a few that working with the grants provoc counts again. It’s the more than international reach or the national across the states reach the reality is a lot of our smaller non-profit to have a regional focus, a search based so there’s a limitation, sometimes near population, searching for programs and the relevancy in just the raw reach doesn’t there sometimes, but for the bigger the big organizations absolutely it’s. A fantastic way to actively manager account and and really reach out. Okay, okay. You are. You also spent some time talking about keeping your skills fresh. As as adwords evolves. What is that about? What happens? I think that the platform is constantly changing. And s o back in toronto, i teach a digital marketing classes in the evenings. And one of the things that i am costly, thomas students, is that in one working in adwords and analytics, that the platform can change at any time on do you have to adapt to it? That’s part of you know, being, you know, working in digital so an example would be, you know, if when, when google changes our algorithm for search, you know, you have to respond to that, and you read up on, you know what the new algorithm changes? Maybe an adjuster campaigns accordingly. Another one is sometimes the platform itself changes. So you log into the interface and, you know, the buttons of switch debate or there’s. A new feature or a new tab. It’s? Very disconcerting. Yeah. Especially people. We’re not, you know, native digital. You know, you just used to something for years. And then without an announcement, it’s different yeah, so you have to keep on constantly beating and adapting and everything, but part of it is that, you know, even though, you know, for people who have been doing it for a while, you know, and maybe a little bit disconcerting to, you know, have everything shift, i think it’s also an opportunity for people who are completely new to the platform, i mean, it hits the reset button for everyone, right? So if you’re if you’re brand new getting into edwards, i mean, it’s a great opportunity jumpin you’re at the same level of everyone else. So, you know, it’s it’s also, i think, a positive thing and, you know, for people, you do not feel intimidated about jumping into it cause i know that when you first log into the dashboard like it’s, a lot of buttons and everything, but, you know, it’s, you know, both of us, you know, we start doing adwords about seven years ago when we were working at a smaller non-profit and, you know, it’s been a constant kind of learning and evolution, and we’ve seen so much change on the platform, but you know, the more time you spend in it, you know, it’s, the analogy we used in in our in our session was, you know, we’re not the kind of, like superheroes i got bitten by a radioactive spider and wasn’t out with all these superpowers to do add words, we would be more like, you know, the batman or the ironman in-kind things where, you know, just a regular person who, you know, that man went away for, like, five years, you know, into the mountains to, you know, train and honed his skills and everything. So, you know, similarly, i think it’s a lot of reading, so i really start off with a you know, just that the ultimate guide to edward’s weii read that book cover to cover many several times. Okay, is there a i presume there is? Ah, blogged that block for edwards. So google keeps yeah, google keeps obl argast adwords dot black spot dot com and that’s not asleep. Grants focus but that’s where all the new updates come out. Oftentimes the update will come out a few days before they get around the block post. So part of the fun as your law again and you think things were happy? Like, oh, shoot where’s my reports button, but they are constantly changing things and they are constantly improving. That’s part of the fun of google’s, they’re always innovating and, you know, a few weeks ago they went from having ads on the top, the top the searches also and decide to just the top. So jason’s thing it’s an opportunity to have you say that’s what i noticed that s o for advertisers know we were used to having, you know, three or four spots across the top, plus five or six more down the side, and i were down too two or three or four at the top. It has become really competitive, so if you’re willing to spend the time and research and learn the program, you’re competitive, you could be up there. So it’s, not it’s, not it’s, not something you’re like. Jason said begin with immediately and be up there, but you can learn it quickly and to spend the time. That’s what? We both started a lot of reading a lot of time out the side of our deaths and a lot of time at night, you know? Just just learning the craft. So yeah, it is definitely a worthwhile investment in time because i think that for all the organizations i’ve been involved with after implementing the edwards grant, like, you see a good spike in traffic, you know, in your google analytics, because people are finding the organization and all the the services you offer much easier and better. And, you know, mark has a similar kind of experience with the organization that he works with, like just getting general traffic over to your site for better awareness and, you know, connecting with existing supporters who are looking to make a donation like no one, no one google’s like, you know, i have too much money, you know, how you know who can i give it to you? I don’t, yeah, yeah, me strategic, yeah, all right. Now you had a superhero theme your your session? I see now i am not a dc comics guy or, like, superheroes, guys. So were you challenging? You’re challenging audience members, too. I identify with a superhero name themselves a superhero now? Yeah, not actually named themselves. But the whole approach was that you could be a superhero as well, and you can learn the craft. You can hone your skills, you could be a superhero. And you really do have responsible of the digital marketing record in your organization. Tto learn this and you know it’s there. It’s free it’s free money from google’s free ahjumma, google if you dont having not using it is a bit of a disturbance. So step up. Be a superhero and you know, okay, take it up. What? What is excelsior in you’re in the god zoology is thin. The session description says excelsior that’s how you ended it, excelsior all right, so that was that was just like a superhero. Kind of like exclamation that comment is the marvel comics. Yeah, okay, sure. Okay. Okay. Yeah. Part of superhero theme is also, you know, the spider man quotation. You know, with great power comes great responsibility and that’s good if you have an opportunity to connect with someone and you miss that opportunity, you know, that could be someone who was searching for, you know, help with their rent to what their anxiety or depression or help, you know, with some of their personal challenges. You can’t you can’t be serious. You’re absolutely right. We have a couple more minutes left. What have we not talked about or what you want to see? More detail may be something we covered too quickly. You spent ninety minutes in a session, so i know you got more. I got more knowledge than nineteen and a half minutes. I think that one of the questions that we ask this, you know, how much time does this take, you know, to do adwords. And to be honest, i wish i could say that, you know, it’s, you know, you can always make you know the case and be like, okay, i’m going to spend this amount of hours and you know, you’re your organization is going to support you all the way to do it. But, you know, the reality is, you know, sometimes you get you know, you’re really busy and non-profits and no this’s another thing to do on top of the you know, the ten or twenty, you know, items on your list for the for the week. And i guess what i want when i want a share is that when we both started out doing add words like we really were doing it off the side of right ask you not to try and prove that viability that you know, to bring in new traffic for our site. So you two, i guess whatever advising people are looking into adwords is you don’t know that this way. Do you know if if you to have a passion for it and are willing to do, you know, a bit in your spare time to even, like, get the initial ball rolling like it’s worth it? You know, even just to prove the viability to the organization because i know could be hired to try, negotiate for that time and resources and initially to get started, okay, but you’re encouraging. Yeah, for sure and the other part, guys don’t expect you have to spend two, three, four hours per week and build all your campaigns the first it can be a slow burn, it’s non going grant you khun step a a few basic campaigns to start with you learn the accounts, learn how things work and build from there that’s often often times your clients of just become super overwhelmed because they want to have this full blown fifteen campaign hundred. Ads that i’m going to spend my ten thousand dollars but it’s a race today you don’t need to yeah, that’s actually very good point we always talk it’s not about spending ten thousand dollars of spending the money properly, and you might spend five dollars, a month or a thousand dollars a month. But if you’re reaching your target and the people need to find your finding, you dori with ten thousand dollars, worry about doing it properly and making sure you spend the money properly and i think one of the great things about antennas that there’s ah, a community of people that are using adwords a spell. So, you know, one of the things i was really important for our session is like it’s, not only to show people how to use adwords, the google adwords grant better, but also, you know, reminding people like, you know, don’t forget to reach out to those around you because we’re all facing similar challenges, and we’re all along, you know, a spectrum of you know, your movies to experts and, you know, whenever something changes in all the experts become newbies again and so making sure that, you know people recognize you, there’s always help, you know, just around the corner just, you know, don’t be afraid to ask for help when especially in the community for is there a, uh, maybe xero community of practice around add words, you know, in in ten? Not yet, but we should wait. Yeah, i mean, you know, they’re very liberal about ah, a couple people interested, and now they’ll support it. Ok, there isn’t yet, but yeah, the entire community is very giving. So even without a formal structure around around edwards, there’s still help. They’re absolutely just posted one of the one of the one of the community boards and examine you and ask, ask for help, ok? And the one thing i would mention is that american speak to some of the more advanced you. So just so you know, i think there’s there’s certain things that you khun dio with the free adwords grant, but it also helps pave the way for a charity to explore usage of paid advertising as well and that’s, you know, the edwards grant is a great way to sort of explore those initial kind of foundational steps before moving to the paid advertising model what you have demonstrated, no clear return on investment for you’re on schnoll can about what you can persuade the leadership that there’s value, then maybe they’ll start to invest some of the organization money. Is that where we’re headed? Yeah, exactly. A string itself is an expert, as you understand there’s gaps we might know jason talked about competing with the pity alone’s places are competing with payed counselors and professionals add words is a really competitive market, but if you can show yourself is an expert and say, you know what, here’s what we’ve done but there’s a few gaps over here would like to other, you know that on some paid, you know hyre big key words or potential duitz, um, banner advertising, the google display network, or even potentially do some advertising on youtube that’s all within the adwords platform on a number of my clients and people i work with have their google grants account and also separate google adwords account is paid and google’s fine with that they there’s no wish without as long as you’re not competing on the same let’s, same keywords in your paid account and you’re free account. Dahna wish you okay. Okay. So you can you can do both side by side. Exactly. All right. Um okay. We wrap it up there. You think we’ve anything else? Well, before we do any other good, you have to raise something that made me think any other good questions that came from from the audience in your session. You want toe one highlight. Eleven were around some of the kind of technical details and that there are quite a few kind of, you know, technical, administrative details, you know, related to, you know, properly administering your adwords accounts. The one question that did come up during our session was, you know, what if you’re inheriting account that, you know, it is quite old and, you know, it may not have been well administered in the past, you know, how should you even start to, you know, fix it up, and our suggestion for that was to, you know, to break it down into buckets and just start changing it one campaign at a time to try and use proper structures and applying very method a logical approach to it, rather than sort of the scattershot approach that may have been used, but if you’re inheriting a campaign that has been a total mess, theun, you know, chances are it’s not performing very well, you may as well just wait, you know, most paul’s most of the campaigns and restart everything on the other question that came as well was just, you know, are on general support. And one thing that i like some of the google reps here at ntc mentioned is that there is a support line as well. So, you know, it’s it’s amazing, because there was a lot of companies that don’t offer, like, direct phone support. We’re talking about telephone support. Yeah, from google. Oh, yeah, yeah, it was actually a number that you can call, you know, if you’re adwords grantee that, you know, if if you need help, you know, navigating, you know, the main panel or creating ads or whatever, you know that there is, you know, entire support team that you can pick up the phone and call and they will help navigate through some of those challenges. Excellent. Yeah. So that that number is available. Okay, that is rare. Yeah. Okay. All right. Let’s, leave it there. Thank you. Very much thanks, alright. Jason shim, associate director of digital strategy and alumni relations at pathways to education canada, and mark coleman, president of evergreen digital marketing. Thank you again, gents. Thanks, tony, thanks, thank you very much for being with us. This is tony martignetti non-profit radio coverage of sixteen ntcdinosaur non-profit technology conference. Thanks so much, master. Your decision making coming up first. Pursuant is your last chance to check out the archive of the state of fund-raising midyear checkpoint that’s, their webinar with ceo trent ryker and senior vice president jennifer balat. Midyear fund-raising reports they came out last month. What’s most important to follow. What if you’re not hitting the benchmarks? How do you keep up your good pace if you are doing well in comparison with the rest of the community? Pursuant is data driven. They’re gonna help you succeed in these all important third and fourth quarters by making sense of the data that you are inundated with its at pursuing dot com quick resource is then webinars. Let them help you make sense of data. We be spelling super cool spelling bee fundraisers it’s a night of live music, dancing, standup comedy, spelling and raising money for your work. It’s a night devoted to your charity not a bunch of charities it’s for you that’s the purpose raise money for your good mission to help you make the world better. Watch the video at we b e spelling dot com and then talk to ceo alex career ninety nine to two four bees now time for tony stick too solitude i’m hitting this again this week. It’s essential if you want to do your best work helping other people, you’re in e-giving profession if you want to give, you got to take take time for yourself. It’s essential time away from phone, email, text, social media and work just me show your boss my video. I’ll get an extra view your boss will agree with you, they’ll see it. My way. And you get the time off. It’s called solitude, full cast and crew. Your boss is going to be impressed. You got to trust me. Just show this thing to your boss it’s at tony martignetti dot com and that is tony’s take two here’s karen headed niimi and jamie nelson with master your decision making welcome to tony martignetti non-profit radio coverage of sixteen ntc that’s, of course that’s, the non-profit technology conference hosted by intend the non-profit technology network. This is also part of ntc conversations. We’re in san jose, california, at the convention center on my guests are karen already said, karen headed niimi and jamie nelson and their session topic is the science and art of decision making. Karen is director of business and human resource is at the inside education society of alberta and she’s sitting closest to me. And jamie nelson is an educator at the inside education society as well. Ladies, welcome. Thank you so much. Thank you. My pleasure. Indulge me, please. While i just highlight our swag item for this interview, which is from think shout it’s a t shirt from think shout and according to our outstanding piela hanna this is a minimalist star wars theme. She can point out that there’s ah, minimalist death star and a minimalist. What else is there? Millennium falcon. See it. See the minimalist millennium falcon, that’s, an mmf, minimalist millennium falcon. For those of you who are not on the video, i’m sorry. Go to real tony martignetti dot com r e a l, and you can watch the video there. It’ll be there shortly, so we’re adding this to our second day swag pile. All right, that’s. Where it goes, the science and art of decision making. Karen what? What are our challenges around decisionmaking? Well, i’ll tell you a little bit of the back story of this session, okay. Came to the non-profit technology conference last year for the first, and i am not a techie, but i want to learn more about trends and issues. And after it was over, i was very overwhelmed. And i thought it would be really need if there was a session on another life. Important topic to kind of give my brain a break. So weii well, had to choose this one, but i don’t know. You know what? It just came out of the universe, but i was here to make decisions about technology solutions, and i was having some trouble, and yeah, so i just thought, you know what? I need to learn more about this. And so it’s been a good long years journey. And here we are spent a year curating content a little bit. Yeah. Okay. Yeah. Jamie wanted to share. What did you what have you learned in this curation process? So karen invited me in after she’s done. Quite. A bit of the legwork, which was wonderful on dh, so for me, it was really trying to look at the three different kind of areas of decision making, so we talked about the science on dh. Then we talked about what it’s like to take in additional information, and then we kind of talked about some of the the influences, and i think for me, one of the big things that i learned is is too to understand the systems that are happening every time that we face a decision. And that was really, really important because, like karen said, we’re here at the ntcdinosaur decisions a cz non-profits we’re faced with all kinds of, like, really important decisions on dh, so being able to kind of understand that process was really, really valuable as part of this whole, the building of the presentation, okay? So there’s, the science, the influences and the process all around our decision making. What did the count since you did most of the duration will give you the chance. What? What did you learn about the science of decision making? Well, it drew a lot from the work of dr daniel kahneman. Who? Wrote the book thinking fast and slow and he’s very respected in his field. He’s, a psychologist. And he also won the nobel prize in economics eggs for some of his work. So okay, smart guy. He basically proposed that our approaches to judgment and choice take their two mental systems or modes of thinking one of them is sort of fast and instinctual. Then the other is slower and deliberate. So that was sort of based on the different types of decisions we have to make, like whether whether it across the road now versus whether to buy a new home are hard wiring. You know, we could come free built right way. But we have different types of thes to these two methods of decision making. Break down into the types of decisions we have to make for sure, like one is mohr sort of natural. The fast thinking that we do is effortless is just something we do is we navigate our life. We drive the car down the road. Okay? Slow thinking is more deliberate, it’s more logical thinking through procedures. Little more algorithmic. So it takes more mental effort to do logical thinking decision making. It takes longer. Okay. More deliberative process. Yes, exactly. Um, is that all you learned on it for you in the years that all the science you master and that’s it? No. I mean, we boy, you could go on forever. I mean, a decision making is such a huge topic. You can look at it from a leadership aspect. Marketing behavioral economics. It’s huge. We just sort of focused in this session on, you know, information overload in an increasingly digital world. And how that’s we process that kind of information differently. Then then what? What we’re hardwired to do? Just perfect. Because that’s what you suffered after and twenty fifteen mental fatigue you were you were distressed and overloaded. Exactly, there’s. Not that you suffer from ntcdinosaur. The after effect was it was so much value, so much value. You were you were you were shell shocked. All right, um, so how can we start to help people in there decision making and let you know, let’s, take the the normal in our conversation. Let’s, take the normal day to day decisions. Not this. Something is simple minded is crossing the street. But, you know, some fair minded. Work decisions or personal decisions, but it is not his monumental is whether to buy a home, whether they have a child. But, you know, you know what? Like, what am i gonna have for dinner tonight or ah, whether i should have my parents over or, you know, i mean, average sort of day to day decisions, sort of in the middle of the spectrum, very fair, fair enough, very good point because our brain doesn’t doesn’t prioritize all the decisions we have to make in a day so we could be spending a lot of mental energy on things that are a trivial nature. Andi and then we don’t have enough reserves for the important ones, you know, when when we’re expending mental effort in our slow thinking we are we’re the brain is using twenty percent of our body’s energy, so we’re using up more of that energy in our in our logical processes. So if there’s a new way of losing weight, i just obsess about whether across the street now definitely can i can i lose twenty pounds? Not that i have a lot to lose, but but but, you know, yeah, i obsess about whether to put the stamp on the envelope right side up or upside down can i drop some pounds? You may drop some pounds. I know, i know. All kidding aside energy not calories, energy. Okay, assuming energy. Okay, but, i mean, you do. You are depleting some of your resources if you spend too much time on thing on decisions that just ultimately don’t matter that much. Ah, so, you know, some really good advice is to look at how you are. You know, how? First of all your energy when you’re making these decisions, you don’t want to make them when you’re tired and hungry? I mean, this is just obvious when you’re feeling emotional things, you can monitor about yourself. You know, in a busy life. We did go. Go, go, go, go. We don’t have this sort of transition zone to kind of recent reset our mental mode to the next transition zone. Right? We don’t. We don’t have. Okay. Okay, jamie, anything you want to add at this? Ah, scientific stage. Yeah, well, i think a lot of people can can relate to that. And that transferred really well from kind of talking about how as an individual, we make decisions and what influences us, whether it’s past memories, past experiences, you know, the time of the day how much you’ve had to eat, i think it really translates well when you’re talking about the non-profit world is a cz well, so if you are thinking about some major decisions that you need to make, you want to make sure that you’re you’re planning your board meeting an appropriate time of the day, you know, like so people are feeling fed if you feel really happy if you’re in a really good mood than that can actually make you less thoughtful in your decision making. And so we’re not saying that, you know, everybody should be kind of new thriller on happy in a board meeting, but just keeping these kinds of influences in mind. So in your day to day life, if you’re if you’re making decisions on what project to work on or if you’re making some of those bigger organization all decisions just keeping these influences in mind, khun b can actually have quite an impact, and that was really surprising to me to find out all of these external factors, aunt. How you know, just one of the stories that karen tell told in the session today was how if you’re holding a warm liquid like a cup of coffee? Yeah, you actually feel warmer feelings towards the people person that you’re chatting with, which makes sense culturally, like we get together over coffee all the time. And so and usually when someone asks you to go for coffee, it’s not because they want to yell at you, it’s, because they wanna have ah, positive, you know, productive kind of conversation, so that was was really interesting to think about and and that’s, what i loved about this session is it helped us kind of connect with our our own processes, but at the same time, we can think about how it influences our day to day work. Excellent, i liketo like that exploration of holding a warm liquid, what other other influences are there that we haven’t talked about yet? Well, we’re we’re influenced by almost everything in our environment, you know, our natural impulses when you know if i look at you and i see i might be able to detect that you’re angry, just buy one or two. Words that you say in the tone, you know, whether makes us happy if you ask someone if they’re happy and that’s a beautiful brightstep durney day, they’re more inclined to say that they’re happy than they are on a cloudy sort of moody day. You know, we are feeling beans before we are thinking beings and so, you know, this translates in our day to day life. All right, so how do we control some of these things? The one that we can control? We can control the weather, but our feelings, our state. How do we how do we sort of harness that? So that we do make better decisions? Well, you know a very simple thing you khun dio, is before you’re making a decision. Put yourself in a neutral state of mind. You know, you can. You can just say write down everything that you did yesterday, step by step in sequins i got up, i had breakfast, i drove to work had my day of work came home walk the dog you’re just sort of reset it’s like it’s like your computer, your rebooting your computer on then you’ve shifted your mental mode, you know? You’re not bringing in, maybe your emotion and your anxiety and whatever you’re kind of reset and then take the appropriate approach for what type of decision that that it is, you’re making. You want to just take a step back. You need this transition zone, you know, it’s hard, all the switching we do all the time, you know, between with multi task. And, you know, they’re really saying, well, what you’re doing is you’re you’re, you’re just doing attention switching, and that is very depleting in our mind, in our body. So, you know, having a little like, if you go to a therapist and you have an appointment, your appointments probably going to be about forty five minutes. It’s, not an hour, because they use some time to prepare. Have your session sometime to externalize what just happened and and collect some notes and be ready for the next person, you know, that’s logical. I see myself, yeah, i see my therapist for three hours, three hours, three times a day for a week, so i don’t know how she’s managing externalization she’s got just needs she needs to download, just like on the only person we could see each of those three days or practices suffering. I’m bolin pain, well, externalizing information. I mean it’s coming at us, and i mean, we we learn our brain like spatial, you know, and and the context of the environment that we learn in having all of this information coming at us. It’s. I mean, yes, lists are still important in this digital age. It’s still important to externalize some of what’s going on in your mind so that you can look at it as an observer in your environment, rather than you know, yeah, okay, yep, little dispassionate, yes, once removed, but but clearheaded. I see your head, all right. Like what you’re hearing a non-profit radio tony’s got more on youtube, you’ll find clips from stand up comedy tv spots and exclusive interviews catch guests like seth gordon, craig newmark, the founder of craigslist marquis of eco enterprises, charles best from donors choose dot org’s aria finger do something that worked and they are levine from new york universities heimans center on philanthropy tony tweets to he finds the best content from the most knowledgeable, interesting people in and around non-profits to share on his stream. If you have valuable info, he wants to re tweet you during the show. You can join the conversation on twitter using hashtag non-profit radio twitter is an easy way to reach tony he’s at tony martignetti narasimhan t i g e n e t t i remember there’s a g before the end he hosts a podcast for the chronicle of philanthropy fund-raising fundamentals is a short monthly show devoted to getting over your fund-raising hartals just like non-profit radio, toni talks to leading thinkers, experts and cool people with great ideas. As one fan said, tony picks their brains and i don’t have to leave my office fund-raising fundamentals was recently dubbed the most helpful non-profit podcast you have ever heard, you can also join the conversation on facebook, where you can ask questions before or after the show. The guests were there, too. Get insider show alerts by email, tony tells you who’s on each week and always includes link so that you can contact guests directly. To sign up, visit the facebook page for tony martignetti dot com. I’m christine cronin, president of n y charities dot orc. You’re listening to tony martignetti non-profit radio big non-profit ideas for the other ninety five percent. Anything else about these influences? Because we’re going now, we’re going to move to the process. Okay, but anything more about the influences? Well, i mean, biologically speaking, good moods. I mean, meant to us and our ancestors that environment was safe. We could we could relax a little. We could let our guard down, but that makes us less vigilant. You know, a bad mood. Singles tow us. Something’s wrong. I might need to protect myself. There might be a threat. I need to pay more attention. So, yeah, emotions. Like i said, we’re we’re thinking or feeling beings before we’re thinking. Okay? We moved to the process of of decision making. I mean, i feel like we’re sort of there, but okay, it sounds like yes. Yeah, well, i want to go there next. Well, one thing about the process, there is a lot of choice in today’s world, you know. Example, in the session we gave was going to pick out aspirin. You know, when you look at the isle of there’s, a spare for migraines and for sore muscles. And for all the different reasons you might have an ailment. But ultimately, maybe it’s the same. Product on homes have thousands and thousands of our possessions um, there’s research that shows that actually having too much choice leads us to make poor decisions, and we’re also dissatisfied with them. So having in the process fewer, fewer good options, but just a few and fewer variables, okay, karen is nodding a lot what you wantto into this? Well, i think that that ah, really translates well, when we’re thinking about that, the options that a lot of non-profits faces thinking, well, we can go in this direction, and we could do this kind of program or or use this kind of tactic, and what karen saying is is really like pairing that down and then making that decision and and the process of paring it down requires a decision as well. But i think a lot of us can agree that after a brainstorming session, it’s pretty obvious what some of the best options are, and then kind of taking a moment and taking a break, especially in, like, a working meeting where everyone has a chance to kind of reset and then that makes that actually makes the decision process easier on dh, that is really profound that sometimes people just want to kind of powerthru and say, it’s, getting towards the end of the day like we just need to make a decision. And that’s exactly right, you just need to make a decision. So in order to do that, you have to kind of think about all of these, all of the influences that air that are wrapped up in that. Okay, okay, we still have some time together. You spent ninety minutes on this and in your session, so has it goes quick, here’s a lot more to say and have enough time. This well, i mean, okay, the other the other part that we touched on in the session of the end was about creativity, because how can you choose the best option if you haven’t even imagined it? So part of it is developing some flexible thinking skills to, you know, be experimenting a little whimsical. And, um, you know, that requires sometime sometime in a calm mental state to do that kind of creative exploration. Eso we didn’t exercise in the session. We just ask everyone, what could you do with a marble? You know, similar to google? Asking what? Can you do with a pencil? Let’s? Try and see what we get. And some of the answers were like super unique. Jamie, can you ask the audience? Okay, what can we do with a marble? So it’s kind of fun? Yeah. Some people went really practical right away. Like i could hold it. I could put it in my mouth. I could put it in my head. I could put it on the table on dh. Then other folks also kind of went more creative right away. So one of our participants said you could write a haiku about it, which i she’s like it’s, not that left field, but but in the activity they had on an opportunity to work just by themselves and then to share and build upon. And i think what was really apparent is that a lot of the folks who participated said that that once they connected and started to build upon existing structure, then it it was really additive and really complimentary. And they started to go in more creative places. Yeah. Um, you know, along this line we were talking about the complexity of problems today and a lot of our problems are crossing borders and what is required. You know, i read something today about borderless leadership on dh you need a different skill set to address some of these problems. And so some of the things we talked about beyond creativity, where was critical thinking skills, you know, to look at all of the information coming at us and to be able to discern what is true and what is not true, what are some reliable sources, you know, and to be able to synthesise some of this information together with that we talked about being able to ask good questions, because that helps you ultimately make a better decision if you can clarify things so it’s kind of a lost art, you know, we reward people at work for having the answer rather than having a really good question and children asked several hundred questions a day on. Well, you probably ask a lot as an interviewer, but i do know i’m also child. I’m asking a thousand questions today in our day today, life like way asked everyone in the room, like, see if you can keep track of how many questions you ask today is probably going to be very few. Ah, very good skill to develop question answering how does that help us make better decisions? Jamie well, for me, i mean, in our work with the inside education, we we ask a lot of questions, so we do environmental programs with our students on we talked about natural resources in the environment and in that is this critical thinking piece. And so i found that if a student asked me a question and i turn it back to the rest of the classroom or or answered them with another question that it helps start to kind of peel back the layers and let’s folks realize they start to consider the question from a different perspective. So if i used the example in the session, you know, the first time a student asked me, well, what’s the difference between coal and charcoal? First of all, i couldn’t believe that i didn’t know the answer and it’s not a life changing thing, you know, like, i’ve gone so far without knowing that, and that was fine, but once i realised that it made me think to myself like, what else don’t i know about the world? Like, why don’t i know the difference between those two things and that’s the power of questions is that i know, like karen said in a professional life, sometimes if you’re if you’re in a meeting and and there’s questions about the reasoning behind the project that you’re working on, folks, khun bristle they can feel really defensive, but the power of asking a really good question is that it expands that horizon, and it helps you start to think about the bigger picture on dh then in that you’re able to think creatively and shift the paradigm and that that can only be helpful, you know? Okay, okay, we still have a couple minutes left. Let’s tease out. Come on. Did ninety minutes in a session. We’ll back on non-profit radio listeners. Yeah, never. I’ll never have your back-up billet. All related. Teo related to good questions and critical thinking is really about how we learn on dh and, you know, if you notice someone’s thinking process, if if if there’s a bias or they they they have a distorted reasoning, you know, we get defensive when people point out our errors. So the best way to help people see that they have maybe a flaw in their thinking is too created a learning experience for them to see the insight for themselves. Tohave a lightbulb moment an ah ha moment your mental mode shifts more easily when you discover it for yourself. How do you create this kind of moment? Teachers are good at creating this moment. What teachers are good you turned away from the mic, she said teachers were go to creating this moment on, i guess one of the ways that that i do that in a classroom with students is i you know, if we if we ask in opening question like what’s, a type of natural resource that we used to create energy, you know, some kids might have the answer right away and then others will be like lightning and it’s like, okay, so why did you say lightning? We don’t get electricity from from lightning, but why that? And then it helps them instead of saying no, you’re wrong because they’re they’re right. Lightning is electricity, but instead then we can kind of have a conversation about it, and then the student can come to the conclusion themselves working can work. Through the process themselves and say, okay, wait a second that doesn’t make sense, there’s nobody running around trying to capture lightning so that we can have power in our homes, but in that it doesn’t it’s that experience, and i think it resonates more with a student. I mean, this is such a trivial example, but like karen said, if, if there’s this this bias that occurs or this kind of error in thinking, i think everyone can relate to have someone if you have ah colleagues saying you’re wrong, the rest of the conversation doesn’t always go really well. So instead, you know yeah, you came, you can and it’s not avoiding the conversation, it’s just helping them kind of see, because that’s, the only way that that folks can kind of overcome is that if they experience that process themselves, it can be really hard to try to convince someone that they’re wrong and you’re right. But by building that experience by kind of understanding how our mind works and how thoughts are created, you can you can help increase that knowledge and expand the conversation instead of shutting it down and making it kind of antagonistic. Okay, okay. That sounds like a pretty good place to wrap up. Yeah, i think bernie’s consolation like you. All right. See, the closest to me is karen headed niimi, director of business and human resource is at the inside education society of alberta. And if the same society is jamie nelson who’s, an educator at inside education, ladies, thank you very much. Thank you. Thank you. Pleasure. Thank you. And this is that i thank you for being with us. Twenty martignetti non-profit radio coverage of sixteen ntcdinosaur non-profit technology conference. Thank you. Next week. Definitely not fermentation. If you missed any part of today’s show, i’d be seat. You find it on tony martignetti dot com responsive by pursuing online tools for small and midsize non-profits data driven and technology enabled. And by we be spelling supercool spelling bee fundraisers. We b e spelling dot com. Our creative producer is climb hyre off. Sam liebowitz is the line producer shows social media is by susan chavez on our music is by scots time be with me next week for non-profit radio big non-profit ideas for the other ninety five percent go out and i agree dahna what’s not to love about non-profit radio tony gets the best guests check this out from seth godin this’s the first revolution since tv nineteen fifty and henry ford nineteen twenty it’s the revolution of our lifetime here’s a smart, simple idea from craigslist founder craig newmark yeah insights, orn presentation or anything? People don’t really need the fancy stuff they need something which is simple and fast. When’s the best time to post on facebook facebook’s andrew noise nose at traffic is at an all time hyre on nine a m or eight pm so that’s, when you should be posting your most meaningful post here’s aria finger ceo of do something dot or ge young people are not going to be involved in social change if it’s boring and they don’t see the impact of what they’re doing. So you got to make it fun applicable to these young people look so otherwise a fifteen and sixteen year old they have better things to do if they have xbox, they have tv, they have their cell phones. Me dar is the founder of idealist. It took two or three years for foundation staff, sort of dane toe add an email address their card it was like it was phone. This email thing is right and that’s why should i give it away? Charles best founded donors choose dot or ge somehow they’ve gotten in touch kind of off line as it were on dno. Two exchanges of brownies and visits and physical gift. 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Nonprofit Radio for August 4, 2017: Personalized Philanthropy

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Steven Meyers: Personalized Philanthropy

Steve Meyers wants your fundraising to be seriously (really!) donor-centered. What do you need to do internally? What are his 3 killer apps? How will your solicitations change? How do you count the new gifts you’ll get? Steve is author of the book “Personalized Philanthropy.” (Originally aired June 17, 2016)

 

 

 


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Hello and welcome to tony martignetti non-profit radio big non-profit ideas for the other ninety five percent. I’m your aptly named host. What a cool show last week, thanks so much to scott stein and claire meyerhoff for being in the studio for non-profit radios, three hundred fiftieth great great time laughing. Lots of callers live music loved it, loved it. I hope you caught it. Thanks so much. Oh, i’m glad you’re with me. I’d be hit with pirate. Oh, genesis! If you made me hot with the idea that you missed today’s show personalized philanthropy steve myers wants your fund-raising to be seriously really donor-centric what do you need to do internally? What are his three killer aps? How will your solicitations change? How do you count the new gif ts? You’ll get stevie, though. Is author of the book personalized philanthropy that originally aired june seventeenth, twenty sixteen on tony’s take two solitude we’re sponsored by pursuant full service fund-raising data driven and technology enabled, you’ll raise more money pursuant dot com and by we be spelling supercool spelling bee fundraisers we b e spelling dot com you should know that steve myers is no longer with the american committee for the weizmann institute of science he’s, now founder and ceo of personalized philanthropy and a member of the carter center advisory council on philanthropy. Here he is with personalized philanthropy. I’m very pleased that steve myers is here in the studio for the hour. He is vice president of the center for personalized philanthropy at the american committee for the weizmann institute of science and author of the book personalized philanthropy crash the fund-raising matrix he’s, a frequent and popular speaker. And he’s at stephen meyers eight six three s t e v e n o m e y e r s welcome stephen meyers. Welcome to the studio. Hello, tony. Glad to have you in person. I love it here. Glad you’re here. Um, let’s. Start with the basics with the title. What is this matrix that you want people to crash? Yes. The book is called crashed the fund-raising matric because it reflects what my experience was when i it was in the process of writing the book when i realised all along that i’d been living in these two cultures that were completely unaware of each other. And the matrix, the movie, the matrix is the perfect metaphor for describing these two cultures if you remember in the movie dahna you have to describe it, i didn’t see the movie in the movie, people were taken over by cybernetic implants, robots, machines that rebelled against humanity, and they existed only in ah, like in a computer matrix, and everybody in the matrix was really unaware of it. They just thought that everything was normal, they were living their normal lives, and they didn’t realize that they were kind of being held prisoners, that they were enslaved in a sense and that’s what the movie is about when this one person that called neo the one wakes up to the fact that he’s living in this synthetic artificial environment you are you are our neo am, and i’m standing in for all the fundraisers who are trying to wake up who feel the same sense of something’s just not right in my world is the fundraiser, and that was the experience that i had, andi i wanted to write the book to share that with people so they could wake up, help them to wake up and kind of escape the confines of the silos and the channels that they’ve been stuck in for so many years, okay, sometimes without even realize again. Ok, eso your neo nickname neo-sage steve neo-sage miree all right, rob was deconstructing the titles are working a little backwards. Now, what is the this model? Personalized philanthropy, personalized philanthropy is is the antidote the opposite of what goes on in the matrix? If you think about fund-raising and philanthropy when it translates into the way that we work? It’s really like there’s two cultures there’s an institutional focused culture which is focused almost entirely on trying to make campaign goals and reach objectives within the annual department or the and the major gift department. And the plan giving department and even the small organizations tend to mimic these the’s, silas and channels. So my first experience wasn’t really working, and maybe a two man organization to people and one of us was assigned this one channel and the other one of us was assigned to the other channel. And how ridiculous is that it’s a counter intuitive. So the institutional focus is set off against this personalized focus, where instead of trying to service the campaign you’re trying to serve the interests of donors, you meet the donor where they are instead of where the institution is. So you’re really talking about a whole new definition of what philanthropy is and what fund-raising is for we’ve been talking about donor-centric fund-raising for a dozen years or so, roughly, maybe, maybe more? Sure, i mean, i’ve been in fund-raising from nineteen years, i don’t think we started out that long ago, but donor-centric fund-raising donor-centric has been around for i’d say, at least a dozen years or so, why is how are you nio going toe going to make this different and actually get us to where donor-centric is supposed to have been a cz long as twelve or fifteen years ago? We’ve been talking about donor-centric this and donor-centric that for a really long time, but we really haven’t had much to do about it when some people talk about donor-centric fund-raising they’re talking about recognizing the donor or maybe finding a vehicle that they’re talking about selling a vehicle that they need to sell in order to make to bring that donor in. So really donor-centric fund-raising and that’s really a copyright it’s a trademarked on dh it it really could have to do with how you thank them, how you write to them, how you called cultivate them, but it doesn’t really have anything to do with what fund-raising and philanthropy is about which under my definition, the deafness that i’ve been working with is trying to mesh the compelling needs of interests off a donor with the compelling needs of the organization. So that changes if you start with that definition where the donor’s needs matter that’s the focus is on them. I really refer to this is stoner focus giving rather than donor-centric e-giving because the shift means that you’re focused on trying to understand the compelling interests and the passions of the donor and how they would connect to your organization. All right, that’s. Much different than the institutional focus. I hope personalized philanthropy is going toe is not going to take his long tto be really be realized. As as donor-centric trademark name. Okay, you’re thank you. You’re the evangelist for for personalized philanthropy. I believe i am, i presume. Okay, very good. We got the right person and i mean you. You brought the book all right. There’s let’s, make sure that we just have a minute or so before break, but we got plenty time to talk. We’re in, you know you’re here for the full hour. Let’s make sure that small and midsize shops know that they have this is applicable to them. And they probably have advantages in tryingto pivot too, to be personalized philanthropists philanthropies sent centers or shops, right? Yes. When i wrote the book, i was thinking of the person like me who was working in a small shop who had a background in annual giving and found themselves working in a major e-giving field. So for me, they were always connected. And i think that this is about empowering and enabling a person in a small shop to make a difference with every donor that they work with, not just the ones that there focus on for annual or planned or major e-giving you meet the donor where they are that’s the that’s, the magic of this. Okay, excellent. All right. I want that reassurance. I’m very glad to hear it. And steve and i are going to keep talking about personalized philanthropy. Stay with us. You’re tuned to non-profit. Radio tony martignetti also hosts a podcast for the chronicle of philanthropy. Fund-raising fundamentals is a quick ten minute burst of fund-raising insights, published once a month. Tony’s guests are expert in crowdfunding, mobile giving event fund-raising direct mail and donor cultivation. Really, all the fund-raising issues that make you wonder, am i doing this right? Is there a better way there is? Find the fund-raising fundamentals archive it. Tony martignetti dot com that’s marketmesuite n e t t i remember there’s, a g before the end, thousands of listeners have subscribed on itunes. You can also learn maura, the chronicle website, philanthropy dot com fund-raising fundamentals, the better way. Welcome back to big non-profit ideas for the other ninety five percent. Let’s get some early live listen love but my my voice just cracked like him twelve years old books i don’t want to summerlee live listen love so let’s say hello and send love to san diego, california, oakland, california. We got the north and north and south represented, uh, garfield, new jersey. Cool garfield. I’m not familiar with garfield used have relatives living there. I mean, you haven’t checked in before. Glad you’re with us. St louis, missouri, new bern, north carolina live listener love to each of you. I’ll bet there will be more to come. Let’s go abroad has always checking in the big three in asia, south korea, china and japan. Always listeners from each of those in south korea we got soul and actually have multiple south korea so there’s more than more than one we only see soul anya haserot and in shanghai and shanghai. And also beijing ni hao and yokosuka, japan. Konnichiwa and i learned something else from our intern ho, jon for soul i omitted so let me try this. Tio tio, south korea comes a hum nida all right, i hope i just said something like hello and welcome good my intern, our intern assures me i did. I’m glad live listener love lots of live listen love going out, okay, steve myers, you talk about in the book you mentioned a few times transformation over transaction flush that out from this two ways to think about fund-raising the usual ways to think about the donor period and have a colleague who was written a book about the donor lifestyle cycle pyramid and the pyramid you’re thinking about transactions you’re thinking about where a donor falls as a major donor at the top, in the middle or at the bottom in transformational fund-raising you’re really thinking about time, you’re thinking about loyalty, you’re thinking about relationships, and they can take place over time, and the problem with with the pyramid style the transactional is that each transaction is separate and unrelated to all the others. What personalized philanthropy does is it creates a new model where all the transactions are connected to one another so that each gift can count in a way that would never count ordinarily, and that could explain, i can give you an example. I love examples stories. Just imagine, imagine a rope. What ended the rope is the first gift. And another end of the rope is the last gift. This is the chain of value in plan giving in and fund-raising okay, and if you know all the all the value comes out of the end when the donor dies, implant given it. Well, really. And if you think about the lifetime value of a donor, the big gifts come at the end. Yes. Okay, andi, you’re looking for bumps and major gifts and special gifts gifts you make frequently gifts you make once in a while during a campaign and gives you make once when you die. So what you have is you have a long rope with a lot of knots in it what you’re gonna do and personalize philanthropy is you’re going toe move this rope around and you’re going to connect all of the knots and that’s good means that all of these gifts are going to be connected with what another and they’re going to be united around ah, common purpose that the donor has an objective, a goal that not one gift could achieve, but altogether. They can start to make a big difference during the donor’s lifetime. That’s a radical rethinking of how philanthropy works can we tie the two ends of the rope together and make a circle so that it’s it’s unending and non never breaks a circle? Or you could make a don’t want teo, don’t make a noose you make, you know, make a circle. You’re making really a tapestry like like a persian rug each age a lifetime of giving it has a different design and each donor of weaves their own tapestry of giving as they go through their life. Okay, i won’t force you to take the metaphor any further. We’re going to start making cat beds and that’s not okay, okay, now you you run at the weizmann institute, the center for personalized philanthropy. I’m betting that it wasn’t called the center for personalized philanthropy. When you first got there, you had toe make some changes. I was the national director of plan giving that i was the a national vice president for planning giving. And then ultimately we decided to abandon the title of plan given because sounds very solid and make trixie to me. Well. It what it was we came to realize that playing giving us just a cz much asylum or channel as any of these other poor paint and we weren’t working that way anymore. So we wanted to change that. Actually, what inspired the change from plan giving to personalize philanthropy was when my organization, the weizmann institute, decided to establish a center for personalized medicine. That’s, a collaborative, multi disciplinary interdisciplinary program where people are collaborating in all kinds of new ways. And when i heard that phrase personalized medicine, you mean this medicine is designed for one person only and it’s going to work the first time in their dna. Tnegative with that with their deanna. Why? You know, that just was a wake up call for me. That that’s what philanthropy and fund-raising auto bay. All right, one of the kind of full spectrum, all the building blocks should be available to you. You bring them to where the donor is, rather than trying to sell them something that you have you been instructed. Really? Basically tto bring to them and ask them, would you make a gift of x for this math building, math and science building? And it doesn’t matter if the person cares about mathos sign it, maybe they were in the art department or they were a into literature or poetry. And why would they? Yeah, but we need based on our needs space three organizations needs. But now that you had to do some cultural and organizational change, teo, to create the the the center for personalized philanthropy, what advice do you have for people who want to initiate this in their own organization? How do we start that conversation? I wouldn’t make a lot wouldn’t wait a lot for the organization to change its culture or its policies or procedures. Yeah, personalized philanthropy is something that you could begin to think about when you kind of open up your your mind first realize that there is this matrix of silos and channels that all of our fund-raising basically is in right, and you want to try to find a way to connect your current giving in your future e-giving around where your donors are at, and in order to do that, you need, like like in personalized medicine, they have the technology they have, they’re using technology in new ways they have computational biology so they can look at all this life science information in a systematic way, and this technology allows them to personalize medicine, so we have to have some tools that allow us to do this. So i developed these things that i called killer aps they are gift designs for bringing together current and future gifts that could be personalized and individually tailored to work with each donor-centric get to the killer aps, but we’re we’re we’re spawning neos throughout the throughout the world, and there are in small most of them listeners there’s, a small and midsize non-profits and they want to start a conversation about making a shift to personalize philanthropy from the matrix that they are now burdened with, right? We’re on some tips. How did they start? But they’re going to sound like a lunatic the first time they go to their vice president or their ceo executive director, personalized philanthropy, and they have rope metaphors and not since you know how maybe based on your own experience or you know you’re coaching of others, how do we get this process started in our own currently matrix to shop? Well, as i said, the first thing you have to do is wake up to the fact that you’re working in a silo. Oh, and awareness awareness, and then you need to look outside of yourself outside of your silo. And for instance, if you’re involved in plan giving, you know that one of the things that really makes that correlates with the plan gift is the donor who gives all the time a daughter who gives frequently tends to be the kind of person who wants to remember your organization in their state plans. In fact, they may already have done that, so you would think, wouldn’t it be amazing if we, without changing very much of this donor’s habit or pattern of giving they could have a much greater impact today instead of waiting until their their death, when they’re bequest, comes in so kind of realizing that it’s possible t to have impact and recognition for a donor that begins right now? Okay, we were so we’re going to look teo methods of current recognition and current value for both the organization and the and the donor, right rather than long term. All right, all right. Let’s start and and you have. The killer aps before we get to the killer aps, i think i’d like to just explain the spend rate because the apsara largely dependent on an endowment spend rate and there may very well be organization that don’t even have an endowment yet. So let’s explain, spend re this personalized philanthropy works whether or not you have an endowment or not, right? If you don’t have an endowment, you still need to have cash reserves, and you still need to be able to be financially sound so that’s an objective that every organization has, even if they’re a food bank or the kind of organization where they believe that they should not have an endowment. So there are a good number of them there’s a lot of them out there, actually smaller ones, right? But the basic principle involved here is what i would call something like like this it’s the grail of fund-raising the question that is not asked very often bye donors to the organization is what’s the best gift that i could give you if i could give you anything that you wanted, most organizations would ask for id like a gift of cash and i like it right now, thank you very much. Oh, and they would, and they would like to have it for general purposes, but the question that they don’t know to ask is, can we have a gift that will start working right away? Because we need to pay our bills? We have current needs, and we also want to sustain ourselves for the future. So we need a gift that starts now and grows and scales up for the future, and most people in playing, giving our only focused on the future and most people in major and annual giving our only focus current president, right? So this grail of fund-raising is the gift that it really is the ultimate, the kind of gift that the organization needs the most, but doesn’t even know how to ask for ok and that’s the kind of gift that were talking alright, let’s define spend rate for people, and then we’ll get to your killer aps spend spend rate, please, in an endowment on down when it’s usually thought to be the most important type of gift because a person makes a gift, and instead of being expended immediately, it goes into a bank account, an investment program and each year a certain percentage of that fundez is spent on the the project or the program or the program whatever that might be and usually it’s like five percent. Yeah, i’ve seen between, like, three and a half and five. Yeah, okay, yeah used to used to be hyre when the with economy tanked a few years ago was spending rates began to drop right? Because this is the amount that you’re spending from your endowment and your endowment is supposed to be perpetual. So when investment returns or low spend rate spend rates come down, this is typically decided by the board or maybe a committee of the board each year, and sometimes they look at the role of the average of the past three years, returns and that’s all financial stuff like if you left the idea that yeah, i’m just one of just feeling a little background, so to spend a rate so the spend rate changes from year to year. That’s the point, and typically, you see, same like three and a half to five, usually it’s around around five percent and for the purpose of conversation it’s it’s pretty good. So that if someone makes one hundred thousand dollars gift for an endowed scholarship and the scholarship is a proxy for whatever is something that’s really important to the donor into the school or the organization meshing? Yes. Then that hundred thousand dollars is going to produce, like, five thousand dollars each year we spend each year five thousand five percent of the endowment. Okay, so that’s how that’s, how the spend rate works and the goal of every fundraiser is to go out and get that endowment gift. All right, now we got the basics. Your first killer app is the virtual endowment. What is that? Well, it sounds very jargon. E virtually way. Have george in jail on tony martignetti non-profit radio. Okay, but i know you’re going to get yourself out quickly. I’ll try. I’ll try. Well, you take that. And down with that, you just talked about the hundred thousand dollars that produces five thousand dollars a year. You turned it upside down. This sounds like the veg o matic doesn’t ok. He turned it upside down. It produces the donors is giving you the five thousand dollars a year every every year say for five years or ten years, and that is going to be treated as if it were the product of an endowment that is yet to be created. So this donor has you in their will already safe for one hundred thousand dollars, and they’re pretty comfortable giving you five thousand dollars a year, and they’ve been doing that without even being asked for it. And it was maybe for general purpose, but they’re not comfortable giving you the hundred thousand dollars that’s right during their life, or at least to this point in their life. But their pattern of giving is such that an annual give her already, and they care about the organization. So at the end of the rope to the end of the chain of their living and give it is that hundred thousand dollars? So why just come a bit closer to the mike? Okay, thank you. So who is to say that getting that five thousand dollars every year? No, and then getting one hundred thousand dollars later where the program becomes self sustaining? Who’s to say that that’s not just his valuable a cz getting one hundred thousand dollars up front, right. Ok. That’s a virtual endowment, and then with the donor passes away, the virtual endowment essentially becomes a true and down okay, or if they have a life event that changes their circumstances and they’re able to fund their endowment foully or maybe even half or some, you know, big, big bump while they’re living that’s great, but in the meantime, they’re they’re giving you what you would have spent from the endowment anyway. Brilliant it’s, very simple, not too many organizations do this, though i take it they don’t do that often because they’re focused on having a separate annual campaign, and they’re gonna maintain that base of annual donors and they have a whole maybe, either they have a whole separate division, a department and a department head who focuses on annual giving and a on another department that focuses on major e-giving in another one that focuses on plan giving, and they just they don’t connect up, and they have a lot of issues about who owns the donor and speak to the donor. So and what do you doing? Speaking to the donor there? Not a plan giving prospect, right thinking, right? So if this this donor that you’re describing doesn’t meet the major gift level because here she can’t afford one hundred thousand dollars outright, then they’ll go to the maybe they’ll drop to the or be shifted over to the annual e-giving team or something, but they won’t think of it as a virtual endowment. They’ll just think of it is we get five thousand dollars a year from this person, but they’re not thinking longer term and it’s usually not annual fund silo in the matrix that the preferred gift in the matrix in districts general unrestricted gifts because we know how to spend your money better than you do on. And we needed to keep our operations go. They’re not thinking about devoting it to a purpose that might later be endowed fully that’s, right later in the person’s life or at their death. And if the purpose is central to the organization, if they had that endowment and they could do anything they wanted with it, they would most likely be funding those kind of programmes anyway. Yeah. Okay. Okay. Killer aps o okay, before we get to the killer aps two and three. What? Just make clear why they’re called killer. Aps they’re called killer aps because, like with any kind of technology, when new technology comes on, it just sort of wipes out everything that’s come before it the’s when you employ these aps and you work with them with donors, they achieve gifts that are so much greater. The donor you were talking about, who was the five thousand dollars donor-centric thousand dollars on the books, so that could be, you know, a two hundred thousand dollars done, or even a much larger donor. It just changes the way you think about how you, how you work, you really don’t want to go back to living in that silo. Once you’ve been able to span plan major on annual giving through one of these per highly personalized gifts, they really work amazingly well. Excellent. Okay, we’re going take a little pause, much more. With steve myers coming up, we’re gonna talk about the philanthropic mortgage and step up gift on how your solicitations air going to change more with steve myers coming up first pursuant midyear fund-raising reports and benchmarks air out, you’ve you’ve seen them, you’re getting them in your inbox, but what’s most important to follow what? If you’re not hitting the benchmarks, what if you are? How do you keep it up? Check out the archive of the state of fund-raising midyear checkpoint webinar with ceo trent ryker and senior vice president jennifer bilich they will help you push through your third and fourth quarters those important six months by making sense of all the data they’re dated. Driven, of course, it’s at pursuing dot com you quick resource is then webinars. We’ll be spelling super cool spelling bee fundraisers. These things are ideal for a millennial night out. People have been talking to alex greer, the ceo, because he reports back to me so ah, i’m glad more people call. Check out the video it’s at we b e spelling dot com see what they’re about music, comedy, dancing, spelling, fund-raising and then talked to alex or you could just pick up the phone. You don’t have to if you don’t want to watch the video, just cut right to the chase. Nine to nine to two four bees. That was not my idea. Now time for tony’s. Take two solitude. Did you get yours this summer? If not, you still can if you did. I applaud you. I admire that. Please do if you haven’t of reprising my high production value video from last summer called solitude. I shot it on location in some location upstate new york, full cast and crew credits solitude, it’s at tony martignetti dot com. And that is tony’s. Take two. Here is steve myers continuing with personalized philanthropy. Steve myers never went anywhere. Took a couple sips of water. Thank you for your indulgence. Let’s. Talk about another killer app. The philanthropic mortgage. What you got going on there? Yeah, i did. The philanthropic mortgage seems so intuitive, but it’s something that we would never be able to think about in highly silent and channeled environment that they call the fund-raising matrix. Yeah, philanthropic mortgage. When you when you buy a house, you don’t have to pay for it in full before you move into it, you’re not. You create a mortgage. This mortgage you are paying, you’re making like one payment and the payment goes partly for interests. And the other part of it goes, who build equity in your in your home bill’s equity principle. Yeah, yeah. Building building princessa build equity, but basically the idea. Here is that your it’s? Just same ideas, thie the virtual endowment a person can make a gift of that spending rate for the for the scholarship that they’d like to have. And so the scholarship khun start up right away and then in the virtual endemic, they’re going to make slight, sort of like a balloon payment at the end of their life. They’re going to pay it off through there bequest. But in the idea of a philanthropic mortgage, you can pay more than just the quote unquote interest. You could also pay a little more than the spending write thie operating annual cost of that on that little bit extra goes to creating and building equity in your endowment fund beautiful so over years, over time, you could build the equity in your fund, and your program can begin right away. So if you’re talking about a scholarship or professorial chair, you get to meet that incumbent, you get to get the letters from them, you get to go and play an active part and have a relationship with the organization of the people that you’re supporting. So going back to our hypothetical before maybe that donor is giving ten thousand dollars a year or seventy, five hundred years, five thousand is the spend rate, and then the surplus goes to start building up that endowment, which will be fully funded at some balloon payment with some balloon payment in future. That’s exactly what all right, there’s a there’s an even more interesting example that relates us up to a donor who’s maybe a little bit older, and they’re going to have to and they have an ira ira now that that thie permanent charitable roll over is in effect, right? We know that it’s going to happen all the time. We want to wait to the end of the year, and guests wait to the last minute so we could make these gifts whenever we want to. So that means if you’re working with the donor who is going to be seventy and a half in the next couple of years, they’re going to start taking money out on a regular basis, right? That required minimum district required to do that and let’s say that they don’t need it toe live that could become part of the, you know, both part of the virtual endowment and it can also be part of the little extra that they might have. So working with a donor who for the first couple of years is just paying the spending right to create a post doctor old chair in computer science because he loves that. But towards the end of the schedule, he’s going to reach the age of seventy, the half he’s going to get a huge for him, at least required minimum distribution of that’s going to be his balloon payment. Right. So he’s going to pay the regular amount. And then the last year he’s going to receive a much larger amount from his ira and he’s going to add that complete his thie endowment that he writes for the post doctoral fellowship in his parent’s names. I’d like to think of the the ira now, especially because the rollover is, well, it’s, actually a qualified charitable distribution. But everybody knows there’s a rollover because that’s, now permanent, we might start to see, you know, ira’s sort of become i got many foundation. You can do your charitable giving through your i r a have a count toward this required minimum distribution, which for a lot of people is more than they want or need, and then you’re not, you know, text on it. You avoid the federal income tax on that, that distribution or that gift teo to the charity so not only doesn’t have a value as a transaction, because each time, as you pointed out, you don’t have to pay a tax on the money that you’re giving away, you’re never taxed on it. Essentially you can use it strategically to grow. You’re on pay, the spending rate and the operating costs for your program so you could begin right away transformational and transaction sorted. It’s okay, we agree, it’s, not a hostile environment didn’t think you’re walking into a house down farm. Okay, um, your your final killer app is a step up gifts, sort of a hybrid talk about talk about to step up and it’s a hybrid that person might be able tio this is one of those gifts that people wouldn’t think about because they would think that i could never have a professorial chair, at least not during my lifetime, because the professorial chair cost of million or two million dollars and that’s going to be more than likely. That i’ll be in my state, but i can’t really find a way to access that money. Now, however, i can i do have that five thousand dollars that i’ve been giving every year for general purposes on dh i could continue to do that for a number of years, so i could start off by funding that scholarship we talked about earlier that hundred thousand dollars scholarship that costs five thousand dollars a year, so during my lifetime with simon older donor, i could have that masters or other scholarship that could begin right now and then upon my death, the funds for my estate, a bequest for my estate could step up that endowment to the million or two million dollar level. So basically my gift would step up from a master scholarship or a doctoral scholarship or a postdoctoral scholarship all the way up to a professorial chair through my estate, okay? And my plan would be put together s so that the totality of my plane would be understood by both myself and by the charity that i’m working with from the very beginning, right? This is a comprehensive that truly is a transformation will get it transforms from an annual gift to a major scholarship gift than to really a very substantial st gift. And they’re all tied together around the same purpose, even though there are separate gifts that function for different purposes along the way. And then, ultimately, they all go for the same purpose. How do the killer aps and the smashing of the matrix and the creation of the personalized philanthropy? How do these all come together to change our solicitations? That’s really a good question. I think it changes the way. First of all, it it changes the way that you think if you go back to the back to the movie the matrix, when people see the matrix, they sort of acquire these magical powers that could kind of see around corners and they can fly, they can defy the laws of physics because they understand the world in a in a way that was different in the way they understood it before. So if you are, if your practice becomes one of personalized philanthropy, you’re kind of working as an enlightened generalised you have all the gifts, all the building blocks of philanthropy that you could bring to bear on each person, wherever they are and that’s going to change the nature of your work. You’re going to be basically sitting on the same side of the table as the donor, really an ally, a force to help them achieve what they want to and realize what’s what’s possible that they never would have thought was possible before by connecting all these small, modest gifts that they could make during their lifetime with larger gifts that they could. Make through their estate essentially changed the whole value change, so the value can come out when they want it to come out and achieve that impact on dh begin to change society now. So that means that instead of just kind of being a hit and run kind of fundraiser like the annual fundez people come in, i’d like to get the same thing i got last year, maybe a little bit more, you know, and then move on to something else. Instead, you’re connected with the stoner through time, you’re not just looking at them at a point on the donor pyramid, you’re looking at their whole lifetime value as a donor and that that changes everything, the changes, the process for developing a personalized gift is much different. I think the solicitation of a typical asking for a regular don’t write your soul stations is going to be more questioning and what’s important to you and what what brings you joy around the work that we do, and right and more of a process than a discreet sit down? And the loser is the one who talks first after the ask is made and then in four. Days there’s a follow up phone call. What are your thoughts about what we pitched, right? Very different. It’s it’s really completely utter lead. So what are some of the things that you ask about in your solicitation meetings? Well, it’s not that i ask any pursuit, different questions than other fundraisers would just when i when i huh we’re thinking is different, i’m listening, i’m listening in a different way. And so what are you doing? Let us into that neo brain. Okay, well, what are you doing? What i’m trying to do is some trying to discover what what matters to them and what i have that other fundraisers don’t have is that i have these killer aps that khun connect to where the donor is, so that if a donor has a habit of giving annually, i couldn’t begin to think about how i might they have a greater impact by connecting all those gifts that they’re doing if they gave for the last ten years, five thousand dollars a year, chances are pretty good that they won’t be offended if we talk about if you continue your pattern of giving, you could have a whole different kind of impact then you then you were having the fair. So it’s it’s a different different tools and technology that i can use. I don’t have to sell them the math building when they’re really more interested in the arts and music programs i can start with where with where they with where they’re at. Okay, so that that makes all the difference. All right, thanks for letting us into that head. We want when i want to be there explicitly, even though we’re there for the hour. But it’s a good head today because you, you know, you’re not just talking about donor-centric donor focused e-giving when you get this information, you can use it so that if a donor is if they may already have included you in their state plans princessa lot of donors they will they will do that without even being asked that’s that’s where they began. So you know that there’s going to be endowment, possible att tthe ENDOFDICTIONARYTRANSCRIBE so that the impact of that future gift can start now we have just about two minutes before break. And in those couple minutes, i want you to flesh out something you talk in. The book about the four children from the passover seder? Yeah, just a couple minutes. How do they figure into this? The four children? Who are they and what? Okay, in there in the passover, in the passover services, this is part of the service that gets recited every year, so people know these names might be familiar with him. So you could well, they think that we were going to passover seders. I’ve only been to one in my life and i don’t remember the four children. So the four children, the seder are the wise, the wicked, the simple and the one who doesn’t know how to ask. So just imagine that these people have grown up and become donors and each one of them in the past, over service. The idea is to try to reach each individual, each type of children of child where they are, and begin with what they are, who they are, and to relate to them as individuals on then you build out, you build out from that. So the four children who begin to think about them a stoner’s, you begin to focus on where they’re at. If they’re wise, they might give it they might be the kind of person who gives every year without being asked if they’re wicked, they might. Now wicket is not it’s, not a bad term in this case, it’s a kind of a positive thing because the person would be discerning very smart, they might have an interest in taking care of their loved ones as well. The donor, who is simple just might begin with a bequest because as the seeds were planted before them, they will continue to plant the seeds for the future. And the donor who doesn’t have know howto ask, is the one who has a charitable inclination but doesn’t know how to scratch that itch so that they’re the most fun to work with the ball. Beautiful that’s, great story. I kind of wish we’d ended with that, but we’re not ending, but we have. We’ll have a good ending anyway. Let’s go out for a break when we come back, stephen, i’m gonna keep talking, talking a little about counting all these new gifts that you’re gonna be getting stay with us. 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If you have big ideas but an average budget, tune into tony martignetti non-profit radio for ideas you can use. I do. I’m dr. Robert penna, author of the non-profit outcomes toolbox. I was just talking to robert planet this morning, as i was saying that’s, a pure coincidence. I did not choose that drop, teo, be put in he’s going to be guest next week. Got more live listen, love rego park, new york. Welcome that’s queens, of course, and augusta, georgia, thea, was that the masters that always in the u s open no usopen rotates the masters in augusta, isn’t it? Live listener love to rego park in augusta, we also give ah, sweden and kazakhstan with us live. Listen, love to you wonderful, thank you for being with us now, affiliate affections. Did you think i forgot the affiliate affections? How could you think that i forgot affiliate affections and podcast pleasantries? Our many affiliate stations am and fm stations throughout the country, wherever we fit into your time block throughout the week, whether it’s a sunday or a tuesday very grateful that you are with us affiliate stations throughout the country, affiliate listeners on those am and fm stations and the podcast pleasantries have to go out to our over ten thousand listeners. Podcast wise, so glad that you were with us. Most ofyou come through itunes, although there’s, others a stitcher and there’s ah podcast site in delaware, delaware it’s d d, which is germany in germany, that we get a lot of listeners from whatever site you’re catching us from. Thank you pleasantries to the over ten thousand podcast listeners. Okay, steve myers, we’re going to have lots of new gifts coming in, and you’re pretty. You’re pretty generous about counting you don’t say very generous don’t say that in the book, but it’s between between the lines you want, you want to give as much credit as possible. Not not surprising. Really. Yes, yes, you do let’s talk about, say, i’m non-cash we break this down, we look at the killer aps and how they would be counted. Or what’s your what’s your counting philosophy generally let’s start there. Okay, the prime directive for me and counting is don’t just count one number. Yes, you said that explicitly. The book? Yeah. Playing everything in our lives. It’s the sort of damage cleese hanging over the head of every fundez razor, its financial resource development. And how much did you raise? You have to? How much did you raise? What did raise? And if you don’t have an answer for that, someone else will. It’ll be on accounting formula financial formula that tells what the present value is of all the gifts that came in. And of course, the president value doesn’t include bequests or request expect expectancies. It doesn’t include dahna the kind of cultivation in the activities that you dio, it reduces everything that comes out of the system that doesn’t not have a present value. Yeah, and as fundraisers know thiss a lot of things that we do that that would be considered us fund-raising achievements that normally don’t count. So we wanna have a way of describing what it is that we do that goes along with how we feel about what fund-raising achievement actually. Is so when i say, don’t count just one number, what we’re really saying is there is one number that you have to be aware of it everybody has to know that, but there’s a complement of that one number and it’s a multi dimensional set of numbers that can help us to measure our own effectiveness and convey to the people that we are working with and for what all this fund-raising has been about and really there are three kinds of gifts that we we like to count outright gifts that count one hundred percent gifts, that there would be like category one gifts like cash and cash equivalents call those the category one cash cash equivalents that would include pledges that are like payable over a couple of years. Legally binding, i get legally binding place it’s legally binding pledges ok and legally binding pledges couldn’t include pledges that air payable over one, two or three years, but also pledges for older donors that are going to be they’re considered is bookable or irrevocable from their estates. That’s another type of ah gift that would count in this cash or cash equivalents. The second category is thie irrevocable gifts that we we raised a charitable remainder trust and gift annuities, and part of the value of them would count in that one number, and the rest of the wood would not count until they were later received. And the third category is revocable gifts or or bequests that are expected, but that have not yet been received and they’re not legally binding and they’re not, and they’re not legally because there are ways of making a bequest legally binding if the person signed a contract to bind their state testamentary contract. Okay, so this, uh, this journey towards personalized philanthropy really began for me with this question of what am i doing here? What? I just asked that question about a half an hour, you’re just asking that’s a really good question that you should always be asking, what am i doing here? And if you’re on task, you’re doing something that relates to one of those kinds of gifts you’re cultivating a donor for a future gift your culture, get cultivating them for a gift that can provide income to them now in a gift to you later, and you’re also cultivating a formal gift that they could make now and that you can have now that could be both cash or khun b assets other other than cash and that’s. How you would evaluate what you’re doing in kind of a multi disciplinary way. How do you like toe, give credit to fundraisers for activities that aren’t quantifiable, you know, advancements in a relationship, but the person didn’t increase. They’re giving this year or pledged to in the future, you know, all those activities that meaningful but non quantifiable, right? You want to. How do we help fundraisers be recognised? Well, you know, we develop metrics out of these out of these out of activities, and you try to figure out the ones that are going to be important for you, and you embrace the ones that are important for you. Now, sometimes, um, people go way overboard on this. There was one fundraiser that i know who travels around a lot to meet with donors, and his super bowl advisor wanted to him to quantify how much. Money per per mile. He was raising. He said, oh, no, no, i won’t do that on. He was senior enough that he was able to avoid that in another system they want to know. What is this fundraiser doing every fifteen minutes? It’s? Almost like a that’s like law firms like a lot of booking for way. I used to book six minute increments. All right, we just have about a minute left. We don’t want to do right. We do it right, that’s what not to do. We have about a minute left. Leave us with some things that we should be measuring to give credit to fundraisers sametz samples of what you measure you like to measure well, when you when you do these blended gifts with blended gifts come from a combination of current and future gifts. So you want to measure the gifts all of their dimensionality so that you could compare them to the single present value along with all the value that they’re going to bring to the organization beginning right now. So if you’re going back to the person that we’re speaking of before, go ahead, you have to wrap it up. Okay, well, their gift just going to have an immediate impact and it’s going to grow and scale up over time and that’s. What you want to try to achieve that’s, the grail of fund-raising and that’s. Why you want to track? Okay, we have to leave it there. Steve myers, vice president at the center for personalized philanthropy at the american committee for the weizmann institute of science. You’ll find him on twitter at stephen meyers eight six three the book get the book it’s personalized philanthropy crashed the fund-raising metrics it’s at amazon and it’s also a charity channel which is the publisher next week master google adwords and master your decision making. If you missed any part of today’s show, i beseech you, find it on tony martignetti dot com responsive by pursuant online tools for small and midsize non-profits data driven and technology enabled, and by we be spelling super cool spelling bee fundraisers we b e spelling dot com creative producer is claire meyerhoff. Sam lee boots is the line producer shows social media is by susan chavez and this cool music is by scott stein be with me next week for non-profit radio big non-profit ideas for the odd, learned ninety five percent. Go out and be great. What’s not to love about non-profit radio tony gets the best guests check this out from seth godin this’s the first revolution since tv nineteen fifty and henry ford nineteen twenty it’s the revolution of our lifetime here’s a smart, simple idea from craigslist founder craig newmark insights orn presentation or anything? People don’t really need the fancy stuff they need something which is simple and fast. When’s the best time to post on facebook facebook’s andrew noise nose at traffic is at an all time hyre on nine a m or eight pm so that’s when you should be posting your most meaningful posts here’s aria finger, ceo of do something dot or ge young people are not going to be involved in social change if it’s boring and they don’t see the impact of what they’re doing. So you got to make it fun and applicable to these young people look so otherwise a fifteen and sixteen year old they have better things to dio they have xbox, they have tv, they have their cell phone. Amador is the founder of idealised took two or three years for foundation staff to sort of dane toe, add an email. Address their card. It was like it was phone. This email thing is fired-up that’s, why should i give it away? Charles best founded donors choose dot or ge somehow they’ve gotten in touch kind of off line as it were and and no two exchanges of brownies and visits and physical gift mark echo is the founder and ceo of eco enterprises. You may be wearing his hoodies and shirts. Tony talked to him. Yeah, you know, i just i i’m a big believer that’s not what you make in life. It zoho, you know, tell you make people feel this is public radio host majora carter. Innovation is in the power of understanding that you don’t just put money on a situation expected to hell. You put money in a situation and invested and expect it to grow and savvy advice for success from eric sabiston. 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