FundRaiser Blog

The FundRaiser Software Blog is an excellent resource for nonprofit organizations looking to learn more about fundraising, donor management, membership management, and much more.

5 steps to creating tax summary letters for your donors in FundRaiser

It's almost time to produce Tax Summary letters (End of Year Letters).  Usually sent in January, after the last donation for the year is in, end of year letters are a perfect way to re-establish your relationship with all your donors.  Here's a coherent plan of attack for FundRaiser users to breeze through this important time.

Step One -- HOW do you want to display their donations?

You'll obviously want to thank them for the year's donations, but do you want to list donations individually, or as a total dollar amount?  Do you want to mention the number of gifts they gave?  Would you like to encourage them to give again?  FundRaiser has merge fields and functions to help with all of this, with the most often used being the GiftList and GiftTotal functions.  GiftList can show a listing of the gifts you specify in a mini-report format, while GiftTotal simply adds up all the gifts you specify to print out the total dollar amount.

Step Two -- WHAT else do you want to say?

After you've decided how to show donations, there is a sample letter called Generic EndOfYear that comes with FundRaiser.  You can use it as a guide, changing the wording to fit your organization, of course, and re-inserting the pertinent merge fields and functions, to make sure they are from the latest revision of the program.  This will forestall any problems arising from possible outdated references in the sample template.

Step Three -- WHEN do you want to print them?

Before you print your letters, once you've gotten all the details of the letter worked out, make certain you have all of your gifts from the year entered into the system.  It sounds obvious, but sometimes gifts are given in the last few days of the year, but not entered into the system until January.  A bit of caution here will save you the hassle of having to go back and print letters one-at-a-time for those that were somehow overlooked.

Step Four -- WHO gets an end of year letter?

You can create a Grouping of everyone who donated last year, or you can simply use the Advanced section of the Mass Mailings to select those who have given during the past year.  You might save a little money by selecting only those who gave more than a preset amount (say, $20.00), but we recommend that you send a letter to everyone who gave, regardless of amount.  Why?  Even if someone gave only $5.00, you may be able to convince them to give more or to give more often.  You can be pretty certain that they won't give again if you don't maintain your relationship with them.

Step Five -- PRINT and mail the letters !!

The letters are printed through the Print menu, in Mass Mailings.  You'll either select the Grouping you created, or set up the Advanced section to limit the printing to just those donors you want.  Labels or envelopes will be printed here, too, and you'll want to make sure the same settings are used as when you printed the letters.

For a more detailed discussion on this subject, you may want to review the original article on our website.

When your spreadsheets aren't enough: import opti...
Get ready to send end of year letters to donors fo...

Related Posts

Wait a minute, while we are rendering the calendar
happiness event management annual campaign how-to videos donor recognition planned giving how to handle auction gifts solicitors technical support government grants features letter templates Reminders Crowdfunding Campaign online donations tribute gifts monthly giving user interface passwords Importing Data role of nonprofits membersip benefits backing up data fundraising capital campaign community arts nonprofits new version Constant Contact Company culture raffle transparency updates pledges campaign phoning donors donor advised funds brick campaign the Ask membership benefits campaign management training Facebook campaign relationship tracking data analysis donor retention donor prospects premiums In-Kind gifts charity golf tournaments recurring gifts Donor Portal Excel Volunteer module Tickles motivation code community supported gardens follow up grassroots campaign auction understanding giving trends Resiliency tax summary letters mode code holiday gift acceptance policy new leadership nonprofit fundraising change of address updating social media small donations on site training donor source foundations texting donors moves management giving levels donor training tip entering auction gifts large donations donor preferences merge notes mission driven FundRaiser Basic direct mail ROI board members office welcome packet community broadcasting alumni disaster relief add ons appeal adding personal notes to letters pictures donor loyalty donor targeting holiday letters new donors anonymous donors gift entry donor relations support Personalizing Network for Good Groupings custom page End of Year Letters annual maintenance plan ticketsales spreadsheets lapsed donor tech tip donor contact information Alternative Addresses endowment campaign correspondance donor slip National Change of Address memorial giving repeat donors spare fields donor attrition rate communications word processor online donations look and feel membership programs volunteering overview volunteers new features password protection Snow Birds donor engagement fundraising letters LYBUNTS planning letter gift notes field corporate sponsors correspondence ticket sales Cloud development director motivation product news major donors donation history PayPal prospects personalizing letters Reporting to IRS customer service operational costs security NCOA processing New Year holiday giving email #GivingTuesday donor retention rate Congratulations Task List SYBUNTS user spotlights case study flash sales salutation operating systems mailing Facebook FundRaiser Hosted animal rescue banquet grants major gift prospects segmenting donors Thank You budget building donor relationships upgrade advanced tab increasing giving amounts appeal letters announcements giving history thank you letters merge fields in honor of donations data entry legacy giving data conversion GoFundMe project importing csv GivingTuesday vacation customer portal Codes arts targeted mailings new nonprofit accounting software publicity materials Thanksgiving reports upgrading donors donor attrition general donor profile FundRaiser Spark

Connect With Us

  800-880-3454 ext 3
  Email Us
  Request More Information
  Monday-Friday
      8:30AM-5:30PM CST

Customer Portal Login Form

   

The customer portal is unavailable. If you need support please reach out to support@fundraisersoftware.com Thank you.

 

  User Name:
  Password:

If you are not sure about your Customer User Name, please call 800-543-4131 and we will be able to help you.

Or you have lost your password, Request Password