Fundraising for Nonprofits

Inspiring Gifts that Transform

Monday, July 10, 2006

8 things to know about women donors

  1. Women donors give twice as many gifts as men, but at smaller levels. In total, they give a higher percentage of their income.
  2. Language used in reaching women donors is import. Women prefer not to refer to themselves as “philanthropists,” but rather people who are “making a difference” or “giving something back.”
  3. Because of their longer life expectancy, women donors are expected to soon control 70% of all planned giving assets. Planned giving products should reflect women’s need for stable, long-term income.
  4. Their giving decisions are based less on status and recognition then male counterparts. They do not want to be seen as giving more than their peers.
  5. Younger women are often motivated to give by their peers through giving circles and other structured activities. They are also more open to giving online.
  6. They’re not as concerned about the status of the host committee members as male donors.
  7. Women value a personal connection with their solicitor and their commitment to the cause. It is less important of what their solicitor status is than for male donors.
  8. When talking to women donors paint a picture of the agency’s long-term vision through stories. Plus, they appreciate hearing a solicitor's own personal giving story.
These tips come from independent Fundraising Counselor Mary Alex Needham and a survey she conducted for the Women’s Funding Network. She'd be the first to point out that these are just general trends among the surveyed group women who had made their own fortune. But I think it is very informative nonetheless, don't you?

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2 Comments:

At 3:20 PM , Anonymous Anonymous said...

Dear Gayle,

I'm fascinated by this list. Thanks for posting it. Now I'm anxious to learn more.

Are there any points here that particularly resonate with your experiences?

I'm wondering about relationships. Women of all kinds, philanthropists included, are more intent on relationship building, but the list also states that they are more willing to give online. I'd like to know more about how these observations interact or will interact in the future. What do you think?

Maya Norton

The New Jew: Blogging Jewish Philanthropy

www.TheNewJew.wordpress.com

 
At 3:39 PM , Blogger Gayle said...

Thanks for the comment. Juicy stuff, right? I've my own opinions, but why don't I connect you with my friend Mary Alex, who did the research my post was based on? Will forward you her email separately.

 

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