Why It’s More Critical than Ever to Cultivate the Middle of Your Giving Pyramid
In Academic Impressions’ recent free webcast Rethinking Campaign and Major Gift Strategies, we put together a snapshot of data culled from a series of recent surveys and reports. While many institutions responded a fear years ago to the recession by focusing increasingly on cultivating top donors, the snapshot we presented documents the extent to which this strategy may be unsustainable for your shop. Here are the highlights: More Focus on Top Donors, but Fewer Donors According to the CASE Campaign Report 2011, over the past five years (2006-2011): The percentage of campaign dollars provided by the top 1% of donors has increased from 64% to 77% The percentage of campaign dollars provided by the top 10% of donors has increased from 87% to 95% So only 5% of campaign dollars are being provided by the middle of the donor pyramid. Here are a few reasons why this should be concerning: According to Target Analytics’ Q4 2011 donorCentrics Index of National Fundraising Performance, the number of donors for all nonprofits has declined over the last six years by 5.3%, and the overall number of new donors acquired per year has declined 14.6% over those same past six years. In tightening their […]