By Ben Mulch, Director of Product and Brand at Atticus
For nonprofits, securing support from new major donors can feel like climbing a mountain. It’s tempting to stick with the familiar- cultivating relationships with existing supporters- but unlocking the potential of new major donors is becoming more essential every year. Estimates of “the great wealth transfer” range from $30-84 trillion moving across generations right now. Millennials have become the largest demographic in America. Learning to bring in new donors is a skill nonprofits must master to ensure their mission continues beyond a Baby Boomer generation of givers. If you’re hesitant, take heart: every donor relationship started somewhere, and, with the right approach, you can turn strangers into partners. Here’s some encouragement and actionable tips to help you get started.
“Donor, I Hardly Know Her”
First, let’s dispel the fear: approaching a major donor who’s never given to you isn’t as daunting as it seems. These individuals have a mission of their own—they’re just waiting for the right story to align with it. If you’ve done your research, it’s likely your organization has that story (or can with a little creativity). Major donors aren’t untouchable; they’re people looking for meaning, and you’ve got meaning to offer.
The key is confidence. You’re not begging for money; you’re inviting someone to join a world-changing mission. So, take a deep breath, believe in your cause, and let’s discuss some practical steps to make that first connection impactful.
Tips for Approaching New Major Donors
A Final Word of Encouragement
You don’t need a perfect pitch or a Rolodex full of billionaires to succeed. What you have—your mission, your passion, and your results—are your most valuable assets and they can inspire someone new to say “yes!”. Every major donor your organization has today was once a stranger. The next one is out there, waiting for you to take the first step. So go for it. Make the call, send the invite, tell your story. You’re not just asking for support—you’re offering them a chance to change the world with you. And that’s your gift to give.
About Atticus Technology
We identify the few major donor prospects your organization needs. Atticus provides tailored sets of high-profile major donor prospects with in-depth profiles, curated insights, and expert engagement strategies for personalized outreach.
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