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.

Collecting Pledges

Patience and persistence of Nature as a modelDear Kim:

A donor recently promised a donation of $2500 but hasn’t paid it.  How can I collect this money?  We could really use it but don’t want to be rude.

~Accounts Receivable

Dear Accounts:

Here is the protocol for collecting pledges: 

1)      The donor makes a commitment in person or in writing to an organization. 

2)     Someone from the organization immediately (within 48 hours) follows up with a thank you that specifies the amount and the way it is to be paid: “Thank you for your pledge of $2500, and thanks in advance for sending it in by Oct 1.  It really helps.” 

3)     A week or so after the date you have both agreed on, send an e-mail saying, “We haven’t received your donation yet, and want to make sure it hasn’t gone astray in the mail.   Just let me know if you need anything else from us.” 

4)     Wait a month and if there is still no sign of money, call the donor and ask about it.

You will see in this protocol some places in which the organization can go wrong.  Generally it starts with a failure to name the date by which the donation will be paid in the first meeting.  But it can also be a failure to remind the donor.  People get busy, they lose return envelopes, they can’t figure out how to pay on-line, their spouse can’t believe they committed that much, etc. 

It is also true that some people say YES and mean “NO.”  So we always build in a 10% bad pledge rate.  After 4-5 reminders and no word at all, let it go. 

~Kim

Orignially published in the Grassroots FundRaising Journal. FundRaiser users can subscribe at a special rate of $30/year by entering is "$30" in the coupon code field on the second page of the subscription process.

To learn more about how FundRaiser can help you keep up-to-date with your pledge reminders

Take an online guided tour of FundRaiser that can show you the features in FundRaiser that interest you the most.

Do You Really “Know” Your Corporate Donors And Pro...
7 ways an alumni foundation improved donor cultiva...

Related Posts

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

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