“Our in Memorium giving is declining. What should we do?”
Recently, a hospice client asked me his very question during one of our recent coaching sessions.
It got me thinking. Demographics are changing, and, of course, a recent pandemic altered the way that funerals have been held.
So, what we do know is that the “Baby Boomers” much prefer value information, and “Young Donors” much prefer organizational outcomes. So, yes, the typical “In Memorium giving, may not be as attractive to this demographic of donors. Compound that with a pandemic, where funerals homes had capacity levels and social distancing requirements, and you will have a recently flailing program.
As many of you know, I have clients both in the United States and Australia. And, those two countries are not only 10,000 miles apart, but they also have distinct ways of doing things. And, not just how they “put another shrimp on the Barbie,” either. Australia tends to model the UK model of fundraising and philanthropy. I spend time studying techniques and methods globally and expanding beyond my familiar US perspective, and I urge my clients to do the same.
As such, I often turned to the models here to help guide some of my smaller clients to adopt new ways of being and doing.
Here are the steps I recommend that smaller groups take to attract more “In Memorium” gifts:
- I recommend that you incorporate “In Memorium” giving as part of an actual function in your fundraising efforts and not just treat it as an afterthought. In the UK and Australia, to a lesser degree, it can be a significant source of income. Dedicate time and resources to making it more of a central function. Make it a process and invest budget into it.
- Consider making “In Memorium” giving an actual campaign where you offer a physical, tangible memorial that donors can “purchase” to have their loved one’s name inscribed on a memorial. For example, an “In Memorium” physical sculpture with engraved names, tiles, bricks, or whatever you can imagine.
- Alternatively, some organizations also establish special recognition events such as the “Light up a Life” series of special community events organized by hospices during November and December.
- Consider making “In Memorium” giving more prominent on your website and in other collateral materials. Consider creating its separate landing page as a specific giving method.
- Countries such as Australia and the United Kingdom offer Tribute Funds. You can create a “Tribute Fund” with its landing page in memory of a loved one or a caregiver, celebrating their life. You can then urge others to donate on behalf of your established “Tribute Fund” to the organization, much like a Peer-to-Peer Campaign.
- Promote “In Memorium” giving as you would Bequest Giving across all channels.
- Once you obtain “In Memorium,” donors consider placing them in the dedicated email sequence that recognizes their giving and begins to cultivate a highly personalized relationship with them.
- Create an online area where donors can share the stories of their loved ones. This will allow them to connect with your organization and their loved ones in a more profound way and enables the organization to deepen their relationship with the donor.
- Consider creating a sustainer donor giving program to specific “Tribute Funds.”
- Consider creating “Challenges” or other events that participants can take part in, all the while “honoring or memorializing” their loved ones. Challenges could include a marathon, a walk, a hike, a swim, etc.
For far too many years, we have had a very passive approach to “In Memorium” and “In Honorarium” giving in the United States. It is now time to expand our research to what other countries are doing and how they are doing it and adapt some of these best practices to our small fundraising shops.
Send me a line on how you will take some of these best practices and start incorporating them to develop greater “In Memorium” giving in your small fundraising shop.
Check out the British Heart Foundation’s “A Gift of Hope” page for more samples and a highly recommended study of “In Memorium” giving.
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