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

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