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The Saxum Perspective Blog | Posts Tagged ‘american red cross’

As nonprofits approach the end of a fiscal year and gear up to begin a new one, fundraising campaigns are top of mind. This is the time of year when capital campaigns are launched and invitations to gala events are sent to loyal supporters.

A recent study, titled The Next Generation of American Giving, cites that the majority of fundraising targets older, more mature donors, but this segment of the population is quickly shrinking. Nonprofits are going to be forced to attract a new generation of donors. Generation Y, or the Millenniums, is a growing segment of the population with more than 71 million people compared to the 41 million Generation Xers before them.

The study also reports that matures give, on average, $1,066 per year to 6.3 charities, while baby boomers give $901 per year to 5.2 charities. Generation X gives $796 on average to 4.2 charities, and Generation Y gives $341 to 3.6 charities.

So the question is, how do we persuade Generation Y to give more? Consider the following recommendations to help attract young donors:

1)      Host events that appeal to younger audiences. Each year, Allied Arts hosts their “ARTini” fundraiser, an event inspired by dedicated young professionals in the Oklahoma City metro area. This year, the event raised more than $20,000 to support arts programs in central Oklahoma.

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The earthquake in Haiti may go down as the first international disaster to truly display the power of social media.

In the wake of a massive disaster, people usually want to know two things: 1) What happened? and 2) How can I help? Social media provides a platform to answer both of these questions quickly and easily.

No longer do we have to wait for updates from traditional news outlets, rather, through social media sites, citizens are journalists. Those directly impacted by the earthquake in Haiti were able to search for information and help through social media sites such as Twitter, Facebook, Skype, Flickr and YouTube. Thousands of photos taken directly from the devastation in Haiti were broadcast on social media sites 24 hours a day for several days. According to a Jan. 20 study by Pew Research, 13 percent of Americans – including 24 percent of those younger than 30 – say they have received or shared information about the Haiti earthquake through Twitter, Facebook or another social networking site.

As the lines between traditional and new media are beginning to merge, we see mainstream news organizations utilizing social networking for news and information. Nick Wrenn of CNN International Digital Services said, “We immediately moved someone supervising social media and our iReports to the Haiti desk.”

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