My Communities

All 7 facts is new for me, but I was most surprised by fact number 3, because in the past I simply think fundraising is donating something. And now I know donating is not the whole story of fundraising.

I also believed fundraising is all about knowing rich people, though have got alot in Tom's Lecture

@Bigngoc_vet13 said in Module 1 Discussion: The 7 Myths of Fundraising:

All 7 facts is new for me, but I was most surprised by fact number 3, because in the past I simply think fundraising is donating something. And now I know donating is not the whole story of fundraising.

Hope we now learn together and get more about Fundraising

@DamiO said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree with point 6: A great fundraiser is an individual superstar.

What happens if you are the only one in an organisation and so you are solely responsible for fundraising efforts?

Well,I thought too as well but the transcript taught me something that I think is much better than myth 6.come to think about it .can do all the necessary handling of finance,record keeping,mobilisation ,supervision and attention to all the donors at ago!??no that means you have to recruit other staff to help you out . thanks

As a beginner, someone who has never done any serious fundraising task, I would say I was very surprised that all the seven myths were not true. What I mean is that without Tom's Introduction to Fundraising, I would have believed the 7 myths to be very true. Now that I know better, am ready to conduct/prepare for any fundraising endeavour in a truly enlightened manner.

This has really been an eye opener to me.
I was surprised that myth 3 was not true. Because before now, I have always believed that the donor is the giver while the other party is the receiver.
Also I had. Always think that fund raising is about knowing rich people. But with the help of donor network mapping, I now see the link I have with people I have no formal relationship with.

@DamiO said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree with point 6: A great fundraiser is an individual superstar.

What happens if you are the only one in an organisation and so you are solely responsible for fundraising efforts?

It is possible to be a sole owner of an organization. But I tell you the truth, you will not display expertise in all the strategies to fund raising. You will need a team to work with. Volunteers or employee.

@oudo said in Module 1 Discussion: The 7 Myths of Fundraising:

I find it funny that all along I have been treating these myths as truth about fundraising

Myth no. 3 is what surprised me most. I never at any one point thought that a donor can receive something. This will help me in how I even interact with my donors. knowing there is always something I can give them.

Number 2 and 6 were a surprise to me. I was under the impression that I would be responsible to find rich people that could give a lot. And number 6, seems that in my inexperience of donor based organizations I have gotten the wrong impression that there is one person that is really good at finding rich people and convincing them to give lots of money. So this has been really helpful to see those myths revealed.

it was a great podcast but iwould have loved to hear more about 7th myth its kinda unclear to me

@opeter said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree that success stories are far better and more important than statistics, for statistics can easily be manipulated. What would be the best way though to ensure that the statistics provided are always credible?
I would suggest using images to prove your statistics. For example, if you say that you have over 1000 volunteers around the world, show pictures of them holding their flags, etc. If you are, however exploring statistics of your problem, also show pictures of it. Let's say you're fighting against hunger in your country and 10% of kids are anaemic. Show this stat but also show images of the kids and how they are affected. Of course, you won't be able to show pictures of 1000's of kids, but at least show some examples for people to believe you

@Osasenaga said in Module 1 Discussion: The 7 Myths of Fundraising:

I was really shocked about myth number 4 because I thought that most donors will like like to know all about the organization they are donating to.

But you also have to remember something: people are arrogant and selfish. I'm not saying that rich people are selfish and arrogant but all of us are. When we fight for a cause, we fight because it helps our own personal need of finding a place in society and finding happiness. Therefore, when people donate to a cause, they are donating because they want to feel good. They may also think about how their donation will help others, but they are always thinking how the donation will make them feel as well. Therefore, following the human's selfish nature, making a donor feel as he's a major component by giving a contribution to your cause will make him feel even better. How do you achieve this? By letting him speak and only speaking when you want to connect the dots between him and your organization.

I was surprised by myth 4, because must of my contacts are very busy people and does not give me much time to present my association work and needs, so I talk all I can of our Visión, the goals, achivements and challanges we need to overcome in the short time and send them more information about us on an email. Now I now that I can do better and let them explain about their company!

I totally agree with the professor that fund-raising is not all about getting the money. I used to be a believer in this. However, I now understand that there are other valuable things that I can get in a fund-raiser such as donation of time and even manufactured goods. This is something that should stick in the brains of every fund-raiser.

@Framunga said in Module 1 Discussion: The 7 Myths of Fundraising:

i was surprised to learn that not only fund in monetary value are valuable but also donation in kinds are also valuable .also i learn that you do not have to know about the rich people to be able to identify potential donor but you need to know friends and relative and there you have the donor you want in them.

Hi Framunga,

I am a complete novice to this practice so I can not agree more with you. Myth 1 is my huge surprise, whenever I hear about fundraising, I subconsciously relate to money and checks solicitation. Furthermore, rich people are not all about of potential donors, yet their friends, relatives and whoever in their network could lead us to the prospects who will help us fulfill the goals.

I think that is true

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

I was most surprised to learn that all the myths weren't true because:

1. I initially believed that fundraising is only about getting cash.
2. I previously thought that raising money is all about knowing rich people.
3. Hadn't initially thought that the recipient organization should also give as it receives .
4. I should always be interested in knowing what the donor does as possible.
5. When you're making your case to a donor, statistics and facts are not the only things that matter.
6. A great fundraiser is a team player.
7. Despite the Internet changing how we do fundraising, the key principles of fundraising remain important.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .

According to my working experience and observation I can say yap statistics, facts and figures are important but less attractive and effective than success story how a disadvantaged people or family had overcome their barriers with the help of the program or project.

I have recognized that myth number 6 is not true because many people think that fundraising activity is a work of an expert and a qualified one, named as a superstar during this session; but i agree that this is a team effort. As an organization gather many people with different talents; everyone has to come with something great that help and facilitate the activities of the organization.

I cannot help but emphasize myth number 3.
I cringe whenever I hear some of our donors say something like: Our family decided to give a small amount so that my children will see how lucky they are in life; that they are well-blessed and life can be extremely hard for other people.

I find the idea disturbing because it gives emphasis to the presence of hierarchy between the giver and the receiver. Charitable giving is attained when there is no acknowledgment between who is giving and who is receiving. Or am I being too idealistic?

@aimz996 said in Module 1 Discussion: The 7 Myths of Fundraising:

I was not surprised by the myths but it was very interesting to learn about them. Based on my experience with a previous organisation, I thought that myth four was key in gaining interest and investors. So, I am glad we debunked that myth.
Additionally, myth one reminded me that we should also take into consideration the quality of the products or investments we put into resources. For example, an organisation where the focus of stretching resources have lead them to lose sight of the quality, for instance, buying inferior quality pens or markers.

I was not really surprised by the myths. However, it has clicked my brain how fund raising is all about. One thing I was thinking funding raising is about money, but I have learnt that money is a scarce resource in many communities but the actual items or services money can buy are mostly available in communities.

All the seven Myths was informative and I agree with it. actually we are depending on single donor and only looking for cash. But it is also important to looking around for more donors like friends, small investors, and convince them for a good cause. Also build coordination and relations with community leaders, religious leader, and active persons from the community for strong advocacy/lobbying purpose and ask for their services a donation.
The idea of case study and success stories are impressive when we getting or approaching to donors.
That was surprising and learning point for me when you should get attention and listen to donor more, instead of listing your organization success in details.
The Mod;e 1 was really good and learning opportunity for me and I learned a lot.

@Osasenaga said in Module 1 Discussion: The 7 Myths of Fundraising:

I was really shocked about myth number 4 because I thought that most donors will like like to know all about the organization they are donating to.

Same here. Tom Wolf really enlightened me on that in the podcast and I think it goes way beyond Fundraising. It should be applicable in most forms of life.

@Anya123 said in Module 1 Discussion: The 7 Myths of Fundraising:

This is the first course that I have ever taken involving fundraising. I was very excited to hear about all the different myths. I was surprised with how much information I already knew just from my own common sense/prior knowledge. I am a Marketing major so connecting with people is something that I value a lot.

The only myth I had a difficult time with was #2, raising money is all about knowing rich people. To me, that does seem very real. I plan to get involved with larger organizations that will want me to raise $100,000-$1,000,000. I do not think that asking my family and friends would be the best approach. I would rather ask them if they know of someone who might be interested in donating money. I try not to mix business with family and friends unless they would insist on donating.

What are your thoughts? I don't think my mind would be changed in this regard but I would love to hear others perspectives.

I kind of agree with you. If someone comes from a middle-to-low income family, their family members would not know many rich people. Most of their peers would be those from similar socioeconomic background. Thus, although I also agree with Wolf's concept of word-of-mouth fundraising, it will take a longer time if we just ask our family and friends. But I think it will work nicely in crowdfunding cases.

@opeter said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree that success stories are far better and more important than statistics, for statistics can easily be manipulated. What would be the best way though to ensure that the statistics provided are always credible?

Although I agree with you about the power of success stories, I think that statistics are also important. Some donors would like to know the efficiency of our work. More efficient means more people getting helped per dollar. The only way to present those data to donors is through statistics.

@wuraolaainajanet said in Module 1 Discussion: The 7 Myths of Fundraising:

I find myth 3 most surprising because my line of thought has always been to receive from donors. The donors seems to me like 'big brother' who has so much to expend and most likely need nothing in return.

@wuraolaainajanet So, have you figured out what your organization could offer to the donor in return. Something they find valuable?

@OHMS said in Module 1 Discussion: The 7 Myths of Fundraising:

I have grasped all the seven but the testing exercise was very tricky. All the true statements seemed all true.

@OHMS Are you referring to the Quick Quiz? You should know that majority of the statements are "False" by now.

@amaentsie said in Module 1 Discussion: The 7 Myths of Fundraising:

I was most surprised to learn about myth 4 because i always thought you needed to let the donor know so much so you can get them to give you what you need. How will i get the donor to buy into my project without talking about my project?

@amaentsie In myth 4, you still need to let the donors know about your organization, mission and projects. At the same time, you also need to know about their interests, so that you can link their interests with your projects. And that's why they will donate.

@CindyKoen said in Module 1 Discussion: The 7 Myths of Fundraising:

The myth that surprised me the most was Nr7, I thought that it would have changed everything, however I can see how what he said made absolute sense.

My question is based on Nr6 - What if you are the only one working on the organisation at this stage... Do you get volunteers in or do you do what you can with what you have?

@CindyKoen About myth 7, you will know everything still holds true when coming to modern technology in crowdfunding in the last module of our fundraising strategy course starting today: https://courses.philanthropyu.org/courses/course-v1:PhilanthropyU+Fundraising_301+1_1.0_20180423_20180527/about Feel free to take it.
About myth 6, don't you think you will be alone in your organization forever? Every organization goes through different stages and no nonprofit would be run by a single person forever. Getting volunteer is a good strategy. Perhaps, like what the podcast suggested - get a volunteer designer for drawing some graphic for your fundraising campaign.

@ayeshapandit01 said in Module 1 Discussion: The 7 Myths of Fundraising:

it was a great podcast but iwould have loved to hear more about 7th myth its kinda unclear to me

@ayeshapandit01 Listening to it again is definitely a good revision exercise. Think about how each myth applies to your organization and your previous belief when doing so. What's still unclear? Basically, the 7 myths are about people's general misunderstanding about fundraising and what are the more effective strategies!

@oudo said in Module 1 Discussion: The 7 Myths of Fundraising:

I find it funny that all along I have been treating these myths as truth about fundraising

@oudo In a sense, they carry some "Truth" but now you know why they are myths. There are better strategies to fundraise if you think opposite about all those myths.

@MatthewLonzo said in Module 1 Discussion: The 7 Myths of Fundraising:

@Framunga said in Module 1 Discussion: The 7 Myths of Fundraising:

i was surprised to learn that not only fund in monetary value are valuable but also donation in kinds are also valuable .also i learn that you do not have to know about the rich people to be able to identify potential donor but you need to know friends and relative and there you have the donor you want in them.

I really think that in kind donations are easier to ask for than cash. I once held an event to raise money for Hospice. We were able to get free advertising in the local paper that helped get the word out.

@MatthewLonzo Thank you for giving a real example of in-kind donation from your fundraising experience. Free advertising is something many other organizations need as well.

@gkatjasrb said in Module 1 Discussion: The 7 Myths of Fundraising:

None of the myths were too surprising, they all make complete sense, and are logical, but for me the most valuable one is
myth No.4: In fundraising, one person gives and another receives.
I am the kind of person who do not like to ask for something from people (that is the reason I was always reluctant to jump into fundraising), but this statement opens up a new way of looking at the fundraising. It is no longer one way relation, but two way (mutual beneficial relation).

@gkatjasrb Great that this course makes you overcome one major obstacle in jumping into fundraising. Now you could start thinking about the benefits your organization can bring to the donors!

@Mygeoda said in Module 1 Discussion: The 7 Myths of Fundraising:

I found myth 3 of particular interest. In the Association I volunteer, we are intending to increase our donors participation. I believe that the result is that they feel much more engaged with our project

@Mygeoda The more engaging the donors are; the more money they will donate!

@Nelson said in Module 1 Discussion: The 7 Myths of Fundraising:

@CindyKoen said in Module 1 Discussion: The 7 Myths of Fundraising:

The myth that surprised me the most was Nr7, I thought that it would have changed everything, however I can see how what he said made absolute sense.

My question is based on Nr6 - What if you are the only one working on the organisation at this stage... Do you get volunteers in or do you do what you can with what you have?

@CindyKoen About myth 7, you will know everything still holds true when coming to modern technology in crowdfunding in the last module of our fundraising strategy course starting today: https://courses.philanthropyu.org/courses/course-v1:PhilanthropyU+Fundraising_301+1_1.0_20180423_20180527/about Feel free to take it.
About myth 6, don't you think you will be alone in your organization forever? Every organization goes through different stages and no nonprofit would be run by a single person forever. Getting volunteer is a good strategy. Perhaps, like what the podcast suggested - get a volunteer designer for drawing some graphic for your fundraising campaign.

Thanks for this!! Sometimes when we do something we tend to focus too much on our challenges and too little on the opportunities all around us...

@opeter said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree that success stories are far better and more important than statistics, for statistics can easily be manipulated. What would be the best way though to ensure that the statistics provided are always credible?

Well from my understanding and experience, both success stories and statistics are important but the issue is when to use each of the two.
Success stories are more appropriate at the initial stage when you are creating a relationship with the donor and after that has been established then comes in statistics. Of course these statistics should be in form of an audited activity report from an accredited /independent institution or consultant as this will build confidence for the donor. Remember at this point you would have established a better relationship with the donor.

@Nelson said in Module 1 Discussion: The 7 Myths of Fundraising:

@Mygeoda said in Module 1 Discussion: The 7 Myths of Fundraising:

I found myth 3 of particular interest. In the Association I volunteer, we are intending to increase our donors participation. I believe that the result is that they feel much more engaged with our project

@Mygeoda The more engaging the donors are; the more money they will donate!

Right and they also contributed with their time and offered abilities we need at no cost (therapy, repairs..)

@DamiO said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree with point 6: A great fundraiser is an individual superstar.

What happens if you are the only one in an organisation and so you are solely responsible for fundraising efforts?

Apart from increased man power, having to recruit volunteers Will make you achieve Greater success as there will also be great ideas brought to the table as every individual thinks and analyses situations uniquely.

Very true

thanks

I was reflecting on the question you asked at the end of the podcast: what can your organization provide to a donor (either tangible or intangible) in a fundraising transaction? Are you referring here to individual donors, or is a transaction also desirable for larger grants provided by philanthropic organizations?
For the latter, there are some more obvious examples that come to mind, for instance, if a donor sponsors an event held by my organization, we can use the donor's logo, acknowledge their contribution in various printed documents, invite the donor organization to be part of a panel, or if it is a substantial donation, invite a top personnel to be the keynote speaker.
However, if the philanthropic organization supports the operations of the organization, in this case a non-for-profit working for education reform, I was wondering of what could be the transaction other than acknowledging it on our website and annual report etc..?
For individual donors, since our non-profit creates content on student loan (tips when borrowing for college, what do be mindful while in college, advice on repayment plan etc..) it could be an option to provide this information to individual donors, perhaps even create a more individualized service (but I would be worried that it would quickly look like we are being paid to give advice).
In the case of a donor organization, would it be an option to offer content for their HR department? Or if they have an employee newsletter, content and advice on how to save for college, or how to repay student loans?
If so, at which point should I bring up the possibility of this transaction?
Sorry for the length of question!
Thank you,
Best,
Bahar

It was a nice feeling to find out that not only monetary funding is a valuable asset yet also giving your time and hosting a fundraising event can be of help.

I always thought having detailed description about the organisation and the project you are soliciting funds for will catch the attention of potential donors. But I now have insights that when you link your projects to the donors interests does the trick more.

I was most surprised to learn that myth 5 was not true because I thought the funding organization were more concern about the statistics than stories, this was an eye opener for me. I will make sure I include stories of the impact of my organization.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

The Internet has completely changed how we do fundraising

While I understand that fundraising is not about receiving only, I have found it difficult in the past to find something to offer back other than the feeling that the donor contributed to a great cause. Sometimes advertisement and publicity was possible, because it gave the donor a positive public image, but that was less possible in smaller NGOs with little following.
I was further quite surprised about "The Internet has completely changed how we do fundraising" being a myth. I really thought that social media and the internet in general had revolutionized the fundraising game, but was surprised to learn that was not so and that many of the "traditional" fundraising steps are still as important as before.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

The Internet has completely changed how we do fundraising

While I understand that fundraising is not about receiving only, I have found it difficult in the past to find something to offer back other than the feeling that the donor contributed to a great cause. Sometimes advertisement and publicity was possible, because it gave the donor a positive public image, but that was less possible in smaller NGOs with little following.
I was further quite surprised about "The Internet has completely changed how we do fundraising" being a myth. I really thought that social media and the internet in general had revolutionized the fundraising game, but was surprised to learn that was not so and that many of the "traditional" fundraising steps are still as important as before.

We often tend to forget that how important our networks can prove if we would like to use them for spreading word about fundraising, even if they are not donating funds themselves. I have often seen that larger organisations value money more than success stories, donation in kindness and time. Its good to know how someone who is an expert like Tom Wolf reminds himself of the basics of fundraising through these myths. This was a very helpful learning experience.

Myth #4 surprised me a little. I've made my living writing lead paragraphs (first as a journalist, then as a professional business writer) and, as a brand strategist, brand positioning statements (which pack everything into as few words as possible). I was taught and trained not to "bury the lead." In the branding world, the question we are often pressed to answer is, "What's in it for me, the customer?" So my tendency was to cram it all in, kitchen sink included. Tom's explosion of Myth #4 jibes with what I learned (or unlearned!) after interviewing countless doctors, nurses, patients and medical/healthcare executives: They should talk more than you do. Let them expose their humanity. It's a great lesson ... tell a little, ask a lot, and let the would-be donor make the beautiful connection between what moves them as human beings and what you offer to give their lives more meaning.

@DamiO said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree with point 6: A great fundraiser is an individual superstar.

What happens if you are the only one in an organisation and so you are solely responsible for fundraising efforts?

Hi, Damio ... in my experience in parish work (as an intern training for ministry), my supervisor-minister was the chief fundraiser ... but she was good at enlisting others to take up the cause. In the nonprofit I'm starting, I will be an organization of one. My plan is to enlist other "believers" to take up the cause with me. I'm confident there will be someone out there so jazzed about what I'm doing that they will want to enlist the support of others.

@timsinapragya said in Module 1 Discussion: The 7 Myths of Fundraising:

We often tend to forget that how important our networks can prove if we would like to use them for spreading word about fundraising, even if they are not donating funds themselves. I have often seen that larger organisations value money more than success stories, donation in kindness and time. Its good to know how someone who is an expert like Tom Wolf reminds himself of the basics of fundraising through these myths. This was a very helpful learning experience.

You make an excellent point ... years ago, when I worked for a nonprofit hospital, we talked about "friend-raising" as being as important as fundraising. The friends may not have money, but they have voices, and can spread the word for you. And those who become friends of an organization first are likely to fund it somewhere along the say.

Yes that is very true, every person is important in our network, you never know, where your next donor is going to come from.

Myth one is easy to understand once you look at 80.000 hours, Effective Altruism and Givewell.org
Raising money is NOT all about knowing rich people but knowing rich people can be helpful and should be seens as one of the objectives of Fundraising.
Fundraising, MANY person give and SEVERAL receive.
A 20 min presentation should be enough to start a relationship over years
Data matters and stories matter. We should strive to see data also in stories of cash transfers that unite families, that help parents dedicate time and love to their children and the elderly.
A great fundraiser uses swarm intelligence and that in the fundraising world cooperation works.
The Internet is for connecting, presenting, communicating, involving and getting donors to become promoters.

@RobK said in Module 1 Discussion: The 7 Myths of Fundraising:

Myth #4 surprised me a little. I've made my living writing lead paragraphs (first as a journalist, then as a professional business writer) and, as a brand strategist, brand positioning statements (which pack everything into as few words as possible). I was taught and trained not to "bury the lead." In the branding world, the question we are often pressed to answer is, "What's in it for me, the customer?" So my tendency was to cram it all in, kitchen sink included. Tom's explosion of Myth #4 jibes with what I learned (or unlearned!) after interviewing countless doctors, nurses, patients and medical/healthcare executives: They should talk more than you do. Let them expose their humanity. It's a great lesson ... tell a little, ask a lot, and let the would-be donor make the beautiful connection between what moves them as human beings and what you offer to give their lives more meaning.

Thanks for sharing! Popular sayings can also help. There is that one about us having 1 mouth and 2 ears. Or take form art: the beauty is in the eyes of the... donor.

@Bishop12 said in Module 1 Discussion: The 7 Myths of Fundraising:

I was most surprised to learn that myth 5 was not true because I thought the funding organization were more concern about the statistics than stories, this was an eye opener for me. I will make sure I include stories of the impact of my organization.

check givewell.org, effectivealtruism.org and 80000hours.org
I hope you like in case you dont know them yet

@Deshmartin said in Module 1 Discussion: The 7 Myths of Fundraising:

@opeter said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree that success stories are far better and more important than statistics, for statistics can easily be manipulated. What would be the best way though to ensure that the statistics provided are always credible?

Well from my understanding and experience, both success stories and statistics are important but the issue is when to use each of the two.
Success stories are more appropriate at the initial stage when you are creating a relationship with the donor and after that has been established then comes in statistics. Of course these statistics should be in form of an audited activity report from an accredited /independent institution or consultant as this will build confidence for the donor. Remember at this point you would have established a better relationship with the donor.

I sometime think donors lost their confidence. In the good of mankind, in the decision making capabilities especially when it is about the poorest, non-educated. I believe that the Effective Altruism movement and givewell.org have the power to help us regain that confidence. And I hope blockchain and transparency like live.givedirectly.org will help us on the way.

Like many of you, I was surprised to learn about myth 3 because I never saw asking for support as a transaction. I had this idea that donors were always giving and had nothing to gain. One question I have about myth 3 is that; when sourcing for funds/partnership/donor, be it cash or in-kind, do you have to transact only with people who share in your vision, people who understand that they have something to gain by supporting? Or can you still accept support from people who have the mindset that they are just giving and have nothing to gain?

I totally agree that fundraising is not just about getting cash. Items of good value can be received, time, even volunteering for labor can also go a long way. To myth#4 I used to think that information about your organization and project is important for the donor to know to convince them that you are in for something genuine. And that statistics and facts are as well important. But with the course I've learnt that listening to donor is more important than lecturing them. And also stories are more convincing than statistics.

I totally agree with point 5: When you're making your case to a donor, statistics and facts are the only things that matter

@Framunga said in Module 1 Discussion: The 7 Myths of Fundraising:

i was surprised to learn that not only fund in monetary value are valuable but also donation in kinds are also valuable .also i learn that you do not have to know about the rich people to be able to identify potential donor but you need to know friends and relative and there you have the donor you want in them.

I am in the process of completing the assignment of mapping donors through our friends and close network. I stated the lists, but can't even begin to think how do I ask them for help with my effort. I don't know who they know. Do I look at their FB friends? I'm pretty confused with this mapping assignment. How does my circle of friends could get me to that one or two rich people (or source of donation)? Can someone shed some light my way. I am solo at the job, so #6 was so surprising to me too, yet glad to hear that it is not a one person effort.

@OreoluwaFuwape said in Module 1 Discussion: The 7 Myths of Fundraising:

@Anya123 said in Module 1 Discussion: The 7 Myths of Fundraising:

This is the first course that I have ever taken involving fundraising. I was very excited to hear about all the different myths. I was surprised with how much information I already knew just from my own common sense/prior knowledge. I am a Marketing major so connecting with people is something that I value a lot.

The only myth I had a difficult time with was #2, raising money is all about knowing rich people. To me, that does seem very real. I plan to get involved with larger organizations that will want me to raise $100,000-$1,000,000. I do not think that asking my family and friends would be the best approach. I would rather ask them if they know of someone who might be interested in donating money. I try not to mix business with family and friends unless they would insist on donating.

What are your thoughts? I don't think my mind would be changed in this regard but I would love to hear others perspectives.

I think if you tell your family and friends, your family and friends tell their family and friends and then word keeps spreading until it gets to your rich donor, I don't think that myth means your family and friends would be financial donors, but they could definitely help you spread the word till it gets to your potential donors.

I agree with the idea of not asking fam and friends. I can't even start to connect how would that get me to the donor I am looking for. I am having a very difficult time with the assignment, as I don't visualize how that could happen. How are you doing with that assignment? I'm pretty stuck!

Great podcast.
I love the 10 percent inspiration and 90 percent perspiration.
That means working

@WilliamF said in Module 1 Discussion: The 7 Myths of Fundraising:

@Bishop12 said in Module 1 Discussion: The 7 Myths of Fundraising:

I was most surprised to learn that myth 5 was not true because I thought the funding organization were more concern about the statistics than stories, this was an eye opener for me. I will make sure I include stories of the impact of my organization.

check givewell.org, effectivealtruism.org and 80000hours.org
I hope you like in case you dont know them yet

@WilliamF Thank you for sharing all those links. I guess the other learners would find them informative as well

@WilliamF said in Module 1 Discussion: The 7 Myths of Fundraising:

Myth one is easy to understand once you look at 80.000 hours, Effective Altruism and Givewell.org
Raising money is NOT all about knowing rich people but knowing rich people can be helpful and should be seens as one of the objectives of Fundraising.
Fundraising, MANY person give and SEVERAL receive.
A 20 min presentation should be enough to start a relationship over years
Data matters and stories matter. We should strive to see data also in stories of cash transfers that unite families, that help parents dedicate time and love to their children and the elderly.
A great fundraiser uses swarm intelligence and that in the fundraising world cooperation works.
The Internet is for connecting, presenting, communicating, involving and getting donors to become promoters.

@williamf Thank you for this balanced view that gives the learners another level of insights.

@VDAnna said in Module 1 Discussion: The 7 Myths of Fundraising:

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

The Internet has completely changed how we do fundraising

While I understand that fundraising is not about receiving only, I have found it difficult in the past to find something to offer back other than the feeling that the donor contributed to a great cause. Sometimes advertisement and publicity was possible, because it gave the donor a positive public image, but that was less possible in smaller NGOs with little following.
I was further quite surprised about "The Internet has completely changed how we do fundraising" being a myth. I really thought that social media and the internet in general had revolutionized the fundraising game, but was surprised to learn that was not so and that many of the "traditional" fundraising steps are still as important as before.

@VDAnna The Internet probably opens a new channel but not changing the way how we should fundraise. Perhaps, it is good to check some of the most popular fundraising sites in Denmark to see how other nonprofits fundraise over internet.

I was most surprised to learn that myth 4 was not true because I imagined absolute transparency to be essential. One question I have about myth 4 is how much information is enough.

@Osasenaga said in Module 1 Discussion: The 7 Myths of Fundraising:

I was really shocked about myth number 4 because I thought that most donors will like like to know all about the organization they are donating to.

This was also interesting to me, but in the end when you self analyze you realize it is something that doesn't necessarily captivate you in the beginning, you need to sort of first persuade to come on board before it is really necessary to reveal all details etc

I found all 7 myths to be really realistic and actually easily do able when you put your mind to it! And I appreciate the slogan Fundraising = Team Sport! Makes it so much more easier cause we are fortunate to have some amazing talent and also abilities within our company.

Myth no.2 was a real eye-opener to me. It is great to be aware of this one, and to know that the fund raisers and the fund givers are equal partners! That adds responsibility to our task, but it provides for a long-lasting relationship if done well.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .

I was most surprised by Myth #5. I was always taught that sponsors and donors want to know what ROIs that can benefit them and not to talk too much about success stories . Taking time to listen to donors will help along the way of know which donor to appeal to.

@DamiO said in Module 1 Discussion: The 7 Myths of Fundraising:

I totally agree with point 6: A great fundraiser is an individual superstar.

What happens if you are the only one in an organisation and so you are solely responsible for fundraising efforts?

that alos has me stuck. sometimes the fundraising department is one or two persons

I'm totally agree with with Tom when he mentions that Stories often matter more than statistics to capture people's attention ( Myth Number 5). Some fundraisers narrate wrong stories to attract donor's attention. In such case, how can the Donor know the wrong and the true success story?

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .

I totally believe myth 2 is so true because you can really get a fund for your organization from the rich people, because most of the poor are not ready to help and can't give out of the little they have

@Oluwatoseen said in Module 1 Discussion: The 7 Myths of Fundraising:

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .

I totally believe myth 2 is so true because you can really get a fund for your organization from the rich people, because most of the poor are not ready to help and can't give out of the little they have

And one question I have about myth 7 is how has the internet change how fundraising is usually done?

I think the person who asked this question copy it from my mind.
How would one get a team while starting fund raising?

I was most surprised to learn that myth 1 was not true because for some reason, whenever I hear fundraising I just think of money, and maybe because that's how its just been brought in our culture.
I'm happy to have learned and be enlightened about this myth.

I had always thought fundraising was about money and knowing rich people but i know better now.
I also felt that fundraisers where individual superstars now i know it's a team effort

I concur with the view that stories are more important than facts and figures. It is important to have a connection with the donor. Facts and figures might be very boring and not compelling enough. Giving a story in which the donor can relate to would go a long way in delivering the good.

I too thought most donors interest was with statistics. But I understand and truly agree that stats could be manipulated whereas an organization's stories reaches further and allows the donor an inside and closer view of the organization.

I was most surprised to learn that myth 4 was not true because I felt people especially potential donors needed to know a lot about the organization where their is going into. One question I have about myth 4 is how can one convince potential donors without telling them much about your organization? Though I now totally agree that myth 4 is false.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

Fundraising is only about getting cash.
Raising money is all about knowing rich people.
In fundraising, one person gives and another receives.
You should always try to tell a donor as much about your organization or project as possible.
When you're making your case to a donor, statistics and facts are the only things that matter.
A great fundraiser is an individual superstar.
The Internet has completely changed how we do fundraising.

Most myths are really shocking because many people thing all that are facts, the numbers 3 and 4 make me cleared a lot my mind

@Anya123 said in Module 1 Discussion: The 7 Myths of Fundraising:

This is the first course that I have ever taken involving fundraising. I was very excited to hear about all the different myths. I was surprised with how much information I already knew just from my own common sense/prior knowledge. I am a Marketing major so connecting with people is something that I value a lot.

The only myth I had a difficult time with was #2, raising money is all about knowing rich people. To me, that does seem very real. I plan to get involved with larger organizations that will want me to raise $100,000-$1,000,000. I do not think that asking my family and friends would be the best approach. I would rather ask them if they know of someone who might be interested in donating money. I try not to mix business with family and friends unless they would insist on donating.

What are your thoughts? I don't think my mind would be changed in this regard but I would love to hear others perspectives.

I think the idea that Tom was explaining is that you start with what you have. The networks that are in your disposal are your family, colleagues and community members. That as you get them involved and they get others involved you will end up reaching the 'rich' people. In my experience my family members have actually donated when I approached them. Because they know and trust me, it was easier for them to give.

@Framunga said in Module 1 Discussion: The 7 Myths of Fundraising:

i was surprised to learn that not only fund in monetary value are valuable but also donation in kinds are also valuable .also i learn that you do not have to know about the rich people to be able to identify potential donor but you need to know friends and relative and there you have the donor you want in them.

when i think fundraising i think cash raising. its really enlightening to find out that fundraising goes beyond generating the cash needed for a project

Myth 1 surprised me as i thought the prime purpose is to get funds and now when you tell me that Fundraising is not getting money am mesmerized.

How can the community around you help in fundraising.

The myth that surprised me the most was number 3, as I hadn't thought before what do I give to donors in a fundraising transaction. It is really nice to think what tangible and intangible things I give to donors, so that I can approach better to them when needed.

@shivanithapliyal18 said in Module 1 Discussion: The 7 Myths of Fundraising:

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .
I was most surprised to learn that myth 7 was not true because, we live in the era of finding and raising funds via the internet. I feel, the internet may intimidate some NGO to go away from contemporary principles of raising funds that works by attempting to please and impress various donors in new approaches. One question I have about myth 3 is what are some examples that a small NGO organization can offer to donors? As some donors just feel, you need them more than they need you?

Myth 4.
We should listen to the donor but also them about the organization or project as much as possible so that they can connect with the organization and see the efforts they had made.

I was most surprised to learn that myth 7 was not true because, we live in the era of finding and raising funds via the internet. I feel, the internet may intimidate some NGO to go away from contemporary principles of raising funds that works by attempting to please and impress various donors in new approaches. One question I have about myth 3 is what are some examples that a small NGO organization can offer to donors? As some donors just feel, you need them more than they need you?

@Jetrin said in Module 1 Discussion: The 7 Myths of Fundraising:

Great lecture.

I actually agreed with myth Number 4 but was surprise about Tom opinion about it. I believe trying to tell a donor as much about your organisation or project will actually give them insight about what you do or about the project you want to carry out.

Telling them about the project may even give them idea of how to render assistance to you

I was surprised as well. I honestly thought that telling them as much as possible would be beneficial. But connecting the donor's life and interests with the organization seems like a better but harder task. Good thing Philanthropy University also has courses on strategies for fundraisers and getting donors. I think I'm going to need them.

This course has brought a lot of information especially myth number 2 that its not only the rich who should be targeted for fundraising. This will help me in conducting meaningful fundraising by appreciating little contributors for our organization

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.
   Y

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .

I really like when he talked about the donation, for the past 5 years in the company I worked for in kind donation amounted to over 85% of locally based funds...

Although subtly, I think this session deals a lot with how good we are at bonding and grooming a relationship because we will deal alot with our immediate contacts

I totally agree with the third Myth✔

I particularly liked the point that it is not about my project that matters most, but also about the potential donor's perspective. That while I tell the story about my project, I must also do it in a way that makes the donor identify any fit with my organisation, and how funding my organisation will help the potential donor realise their goals. I realise the truth in this as it emphasises that normally, people invest their resources (time and money and thoughts) for a return, but the return is not always monetary.

The important lesson here is that while I am talking about my story, it must also focus on encouraging the potential donors to talk more about themselves, which will further help me to sharpen my pitch by making it more responsive to the potential donor's expected returns.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

Fundraising is only about getting cash.
Raising money is all about knowing rich people.
In fundraising, one person gives and another receives.
You should always try to tell a donor as much about your organization or project as possible.
When you're making your case to a donor, statistics and facts are the only things that matter.
A great fundraiser is an individual superstar.
The Internet has completely changed how we do fundraising.

Fundraising is only about getting cash.
When I first started doing humanitarian work, I didn't have access to money of my own for purposes of donating. So I used my social networks to fundraise enough each time I went to the villages to buy or bring what was needed for that very day. Sometimes it was only enough to buy a few pairs of pants for the kids and sometimes an acquaintance or friend was able to give me a big bag of rice or a pack of diapers etc... But, every time I went out I had something personally donated by a community member or friend. Donations are donations, be it cash, time or objects donated.

Raising money is all about knowing rich people.
It definitely helps, but isn't always the key to raising funds. Sometimes the rich are the most guarded when it comes to giving. Sometimes those with nothing tend to give more.

In fundraising, one person gives and another receives.
In my mind even the person giving is receiving. For instance, I don't have much to give monetarily but I give my time and my connections to be able to help others. This to me is receiving the biggest gift of all. Seeing a smile on the face of someone who has benefited from my help is me also receiving. Both the donor and the person receiving are "receiving"

You should always try to tell a donor as much about your organization or project as possible.
From what I remember in the last course I took with Philanthropy University, one of the points when going for the Ask was that you should try to talk about the donors not your organization. Be sure to explain your organization but don't speak the entire time on this, speak of the donor and their involvement in charitable giving or something that you have already researched about the donor. Something that is of interest to them. They will see that you are prepared and will be impressed that you can speak to their interests.

When you're making your case to a donor, statistics and facts are the only things that matter.
I believe personal stories will work better, giving someone something to relate to or see as a need through your personal experience or direct contact with the person or organization needing the help will be more of a draw than a statistic or a fact that can be directly accessed by the donor on their own time.

A great fundraiser is an individual superstar.
The fundraiser or organization is only a good as the team who keeps it functioning. Yes, a strong leader who is organized and acts as a great team leader is important, but the team who makes all that the leader does happen is equally important if not more. Numerous hands are better than one.

The Internet has completely changed how we do fundraising.
This is true, as it is now much easier to access help and your reach can get a lot further with social media and email capabilities, but I also believe it is important to reach out to potential donors via letters and personal visits too. I imagine you will get more of a response this way and it will enable us to keep the human contact in place that has been forever lost in the days of Social Media and the Internet.

I really would love to know more about how I can develope the Myth number 4, usually, when you are studying, theory said that you should show people your own project, with a lot of details, I want to know how to develope that Connection, It isn´t a really easy thing to do, this podcast is really interesting, I started to think more about a funraising network and not about me getting a lot of support for people who need it.

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

commonly

Am intrigued to have learned all about the 7 myth of fundraising... However,Myth 4 & 5 at some point or should I say it depends on the donor... Some don't even have the time for fundraiser to table out all about the organizations and the statistical record they just need a concise discussion with the fundraiser... Bet some of them don't have the time for long conversation and have some many works to tend to....

I was most surprised to learn that myth 7 was not true because I see the internet have to be an element of fundraising. But I have one question about myth 7 is which things internet gives on fundraising.

The myth that most surprised me is also #4. I always believed that the more information that you could provide to a donor the better, now I realise that contextual information, and active listening will also be a great help!

@Course_Operations said in Module 1 Discussion: The 7 Myths of Fundraising:

In this module, Tom Wolf introduced seven commonly believed but mistaken myths of fundraising. Which myth surprised you the most? Do you have any questions about any of the myths? Post your comments below! If someone has already mentioned the myth that you were thinking about, respond to their post.

In case you have forgotten, here are Tom's 7 myths of fundraising:

1. Fundraising is only about getting cash.
2. Raising money is all about knowing rich people.
3. In fundraising, one person gives and another receives.
4. You should always try to tell a donor as much about your organization or project as possible.
5. When you're making your case to a donor, statistics and facts are the only things that matter.
6. A great fundraiser is an individual superstar.
7. The Internet has completely changed how we do fundraising.

Example post: I was most surprised to learn that myth 1 was not true because ______________. One question I have about myth 1 is ___________ .

Myth 4 really stood out for me for years I have always thought You should always try to tell a donor as much about your organization or project as possible. But now I am seeing it in a new light

I was reminded that soliciting for funds for a cause is similar to pitching a startup- it's the story that connects, rather than the statistics. I must say that I needed reminding though!

Now I'll set about amending my pitches to reflect the paradigm correction.