Fundraising Experiment Now in Progress: Return on Influence

I’ve added a widget to the sidebar of this blog as sort of an experiment.  Some of my friends at nonprofit organizations believe that it’s just too darned hard, too complicated and not worth the effort to ask current supporters to fundraise on their behalf via the online medium.  That is, the technology just isn’t quite “there” yet; that it’s not a priority given all of the other opportunities on the plate; that, although it’s a good idea, it’s not a GREAT idea.  There’s just bigger fish to fry.

I totally understand.  And yet, I have a few minutes of spare time on my hands (yeah, right) and with some help from friends, ah heck, why not just try.  I figure there is so much great, valuable information out there.  For example, Beth’s Blog has been educating us on widgets all this month.  Her post, “Let’s Go Widget Shopping!” along with her interview with Michael Stein (An Interview with Michael Stein) are must-reads on the subjet of giving this business of fundraising into the hands of donors passionate about their causes.  I have always believed that donors are more generous and more passionate than we know. 

And then, just when I thought I could hide, doesn’t Mr. Don’t Tell the Donor himself publish a post asking for donations so that he could have the funds to add more value to this world of ours.   I love it.

Chip In 

Both great bloggers mentioned (and are using) ChipIn. From the website: “ChipIn is a Web-based service that simplifies the process of collecting money from groups of people. We make this process quick, easy, and secure, and we provide organizers with numerous ways to get the word out about their ChipIn event.”  Is it quick?  Is it easy? Is it secure?  I thought I’d give it a try.

Literally, within a few minutes my “ChipIn Event” was up and running.  I decided I would try to raise $400 so that I could purchase 10 pigs for 10 African children.  And I’d try to to it by Christmas Day.  Creating the ChipIn widget was fairly easy and it certainly was quick. 

Of course, I have a plan to use my sphere of influence to help. As part of that plan, I’m asking you.  I realize you may not know me but you do know about children in need and you do know World Vision. Please give to my “10 Pigs For 10 Kids” Christmas Campaign for World Vision.  Not only do I want to help children, I also want to prove to my friends that maybe, just maybe this idea of the Participant Fundraising is something to seriously consider. 

I know a story of a woman in Calgary, Alberta Canada.  Her two sons were killed in a car accident a number of years ago. One of those events in life in which there are no answers, no reason, nor rhyme.   The death of her sons left with a gaping hole in her heart as large and lonely as a vacant lot.  So she picked herself up from the ruins and did something about it.  She set up a memorial fund and started cooking Christmas dinner for friends and family.  When dinner was over, she asked them to donate to the fund.  That was 22 years ago. Well, this past year, she served 1,500 turkey dinners under a big-top tent and raised thousands of dollars for the local homeless shelter.  She covered that ugly vacant lot with a huge beautiful tent. 

I think that’s what ROI really means, Return on Influence.

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Duke… great article and I like your use of the term ROI as a Return on Influence which is essentially what online fundraising activities should be. A mixture of both contributions and messaging. We are building ChipIn as a tool to provide both of those attributes via our ChipIn widgets. There are several major new features we will be releasing in the upcoming weeks which includes the ability to create a sub campaign from a parent campaign. This helps supporters create their own Sphere of Influence by segmenting the fundraising efforts.

Thanks for the link Duke. I’ve been surprised at how easy it was to set up the ChipIn widget… and to raise money so fast for my site upgrade. It took less than a week to reach 50% of my goal.

I am at 80% goal with not much effort on my chipin campaign - now got to hustle the last 20%!

Not sure if you saw the little article for Heifer (and sort of Salvation Army) but it looks like they’ve dived into this power of influence thingy in a neat way. Here’s the link, hope it works: http://www.nwanews.com/adg/national/175558/. Exerpt: “With Christmas coming on, the charity started registering the bloggers and offering them online tools such as a fundraising thermometer and a button readers can click to make a credit-card donation…A knitting blog has brought in $ 19, 000 so far, he noted.” Hmm, hope your friends start to see the greatness in this idea! At least to test :-)