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How To Use Technology To Power Charitable Donations
- By Christine OKelly
- Published 08/25/2009
- Technology
Christine OKelly
View all articles by Christine OKellySoftware for
fundraising has evolved along with the internet to allow charities to reach
donors much more easily and to facilitate the donation process. In addition to
the traditional methods, online fundraising increases a charity’s exposure and
earning power into new demographics as a cost-effective business model.
Software for fundraising
empowers a charitable organization to accept payments online via credit cards
first and foremost; but there are many more tools to improve donations. For
example, donor management software and integration with customer relations
management (CRM) software allows an organization to do more than just accept
payments, it allows a closer relationship between donor and charity. With the
rise of social networking through the internet, software for fundraising can
now tap into viral marketing and social networks to better expose a charity’s
cause and truly build a community.
Payment Options Beyond Simple Donations
The cornerstone of
online fundraising is to accept payments online via credit cards and PayPal.
Yet, there is a vast untapped potential if a charitable organization is only
utilizing their online resources in such a manner. Software for fundraising, at
the basic level, should allow for recurring payments, integration of tax
documentation, and accounting transparency.
Going outside the
box, other options include offering merchandise and premium content in exchange
for donations. Returning a tangible product or service not only attracts
donors, it also perpetuates a charity’s message above and beyond a single
donator. Effective systems will account for sales tax, shipping arrangements,
and bulk discounts for an easy plug-and-play arrangement to supplement any
charity
Customer Relationship Management
A charity should be
more than just a vehicle to accept donations and dispense needed services.
Building a relationship between donors and a charity is as important as the
relationship between the organization and the recipients. Software for
fundraising should provide marketing tools to manage campaigns to reach and
connect with donors and supply the required financial analysis to determine a
return on investment for these campaigns.
Being able to better
connect with and manage each donor really gives a charity a personal face to
put forward. Outreach and sales tools should be able to pinpoint leads that
will be truly interested in getting involved with a given organization. Keeping
an entire online fundraising team on message will enable a unified effort to
spread an organization’s cause and good works. Finally, effective software for
fundraising will pull this all together with forecasting tools to keep everyone
accountable and on goal.
Building Social Communities
A key aspect of online fundraising is social networking.
The internet provides limitless avenues to build communities across physical
boundaries and national borders. Maintaining a presence on the internet with an
interactive, informative website will attract a steady stream of attention.
Disseminating news through an online medium will keep your cause in the minds
of donors and potential donors. These networking tools will also spawn
secondary contacts as by their very nature they move on their own accord
through donors.
Ultimately, effective
software for fundraising should focus on making payments easier, providing more
options for giving, and better promoting a sense of community between donors,
charities, and recipients.
