{"id":26188,"date":"2022-10-17T10:04:35","date_gmt":"2022-10-17T14:04:35","guid":{"rendered":"https:\/\/www.donorperfect.com\/nonprofit-technology-blog\/?p=26188"},"modified":"2023-10-05T08:46:08","modified_gmt":"2023-10-05T12:46:08","slug":"year-end-goals","status":"publish","type":"post","link":"https:\/\/www.donorperfect.com\/nonprofit-technology-blog\/fundraising-software\/year-end-goals\/","title":{"rendered":"How to set ambitious and attainable year-end fundraising goals"},"content":{"rendered":"<p>It might be too early to start dreaming about twinkly lights, hot cocoa, and warm, fuzzy socks &#8211; but it\u2019s definitely not too early to start thinking about your year-end fundraising plan! Among DonorPerfect partners, over a third of all giving happens in the last three months of the year, so it pays to plan ahead and approach the generous year-end giving season with goals that are ambitious and attainable.<\/p>\n<p>We\u2019ve found that fundraising goals like \u201craise more money than last year\u201d are a bit too vague and don\u2019t inspire your team or your donors to take meaningful action. But when you use your data to inform your goals, create concrete plans to allocate your funds, and renew your strong commitment to your mission, your donors will be excited to give (and give again!).<\/p>\n<section class=\"content-section\">\n    <header data-toc-tag=\"Create data-driven goals\"><h2>Create data-driven goals<\/h2><\/header>\n    <p>The best place to start is by looking to the past:<\/p>\n    <ul>\n        <li>How much did your year-end campaign raise last year?<\/li>\n        <li>What\u2019s your average over the last five years?<\/li>\n        <li>Were there any messages that resonated with your donors?<\/li>\n        <li>Did you take any risks with your year-end strategy, and did they pay off?<\/li>\n    <\/ul>\n    <p>If this is your first time attempting a year-end campaign, you can look to <a href=\"https:\/\/afpglobal.org\/FundraisingEffectivenessProject\" target=\"_blank\" rel=\"nofollow noopener\">industry averages<\/a> and apply them to your own fundraising efforts. For example, nonprofits who use DonorPerfect tend to raise 37% of their annual funds in October, November, and December, and you can apply the same percentage to make an educated guess.<\/p>\n    <p>It also helps to look back at any unique circumstances from the past year. Did you have any staffing changes, <a href=\"\/nonprofit-technology-blog\/fundraising-software\/how-to-launch-a-successful-capital-campaign\/\">capital campaigns<\/a>, or other <a href=\"\/whitepapers\/generic\/events\/\" target=\"_blank\" rel=\"noopener\">unique events<\/a> that could impact your end-of-year fundraising results? Have there been any changes to your mission, scope, or your community\u2019s needs? No matter what you set for your year-end goals, you\u2019ll be more likely to accomplish them if you can justify them and get buy-in from your team.<\/p>\n    <aside class=\"bg_gray\">\n        <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-custome-report.png\" alt=\"DonorPerfect custom fundraising reports screenshot showing available data fields\" width=\"100%\" height=\"auto\" class=\"aligncenter size-full wp-image-27880\" \/>\n        <header data-toc-subtag=\"Create custom reports\"><p><a href=\"\/factsheets\/custom-report-builder\/\">Create custom reports<\/a> to get the information and trends that matter most to your nonprofit<\/p><\/header>\n    <\/aside>\n<\/section>\n<section class=\"content-section\">\n    <header data-toc-tag=\"Consider your pipeline \"><h2>Consider what\u2019s already in your pipeline<\/h2><\/header>\n    <p>When setting your year-end goals, take into account any fundraising activities you already have planned, and estimate how much each will raise.<\/p>\n    <p>For major giving, this can mean looking at all of the gift conversations that are already in progress, and determining which you believe are likely to close before December 31. You could include both a stretch goal and an expected gift amount for each donor to provide a range &#8211; sometimes your donors surprise you with larger gifts, especially if they\u2019re caught up in the spirit of the season!<\/p>\n    <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-scheduled-outreach.png\" alt=\"Example of DonorPerfect scheduled donor outreach alert showing date and time of recommended donor contact\" width=\"100%\" height=\"auto\" class=\"aligncenter size-full wp-image-27881\" \/>\n    <header data-toc-subtag=\"Pull custom reports\"><p>For annual giving, events, crowdfunding, and other fundraising activities, <a href=\"\/factsheets\/reporting-data-analytics\/\">you can pull reports<\/a> using codes from previous years to set benchmarks. Now is a good time to determine if you want to keep the same fundraising schedule as last year, or if you have the bandwidth to add an extra event, email appeal, or call-a-thon to encourage your community to give.<\/p><\/header>\n    <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-solicitation-analysis.png\" alt=\"DonorPerfect Solicitation Analysis report showing standard report with custom elements\" width=\"100%\" height=\"auto\" class=\"aligncenter size-full wp-image-27884\" \/>\n<\/section>\n<section class=\"content-section\">\n    <header data-toc-tag=\"Not just about dollars\"><h2>It\u2019s not just about dollars raised<\/h2><\/header>\n    <p>Total dollars raised is a key metric, but there are plenty of other data points that can help you evaluate your fundraising strategy and predict future success.<\/p>\n    <aside class=\"bg_gray\">\n    <header data-toc-subtag=\"Goals ideas\"><p>Here are some ideas for additional goals you can set, and see how they impact your overall fundraising results:<\/p><\/header>\n    <ul>\n        <li>Meaningful donor interactions, visits, and gift conversations<\/li>\n        <li>Social media and other ad impressions to build awareness<\/li>\n        <li>Email open rates<\/li>\n        <li>ROI on fundraising activities and events &#8211; what is your ratio for dollars spent to dollars raised?<\/li>\n        <li>Number of first-time donors acquired<\/li>\n        <li>Number of year-end donors retained from last year<\/li>\n        <li>Average gift amount<\/li>\n        <li>Number of new monthly donors<\/li>\n    <\/ul>\n    <\/aside>\n<\/section>\n<section class=\"content-section\">\n    <header data-toc-tag=\"No     &quot;I    &quot; in     &quot;year-end    &quot; \"><h2>There\u2019s no \u201cI\u201d in \u201ccalendar year-end\u201d<\/h2><\/header>\n    <p>A successful year-end fundraising campaign is a heavy lift, and you don\u2019t have to go it alone! Consider holding a planning meeting in the coming months including your executive director, your board or a board representative, your data administrator, and your fundraising staff to get everyone excited to accomplish your year-end fundraising goals.<\/p>\n    <aside class=\"bg_gray vertical-align col_2\">\n        <div>\n         <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-customer-support-1.png\" alt=\"customer support rep happy to help a client\" width=\"612\" height=\"630\" class=\"aligncenter wp-image-28042 size-full\" srcset=\"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-customer-support-1.png 612w, https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-customer-support-1-291x300.png 291w, https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-customer-support-1-100x103.png 100w\" sizes=\"(max-width: 612px) 100vw, 612px\" \/>    <br \/>\n        <\/div>\n        <div>\n            <header data-toc-subtag=\"DonorPerfect support\"><p>Whether you have a team of one hundred or a team of one, know that <a href=\"\/client-services\/supportplans\/\">the DonorPerfect support team<\/a> has your back.<\/p><\/header>\n        <\/div>\n    <\/aside>\n    <p>Before your planning meeting, <a href=\"https:\/\/softerware.my.site.com\/dpcommunity\/s\/article\/DonorPerfect-Online-Year-End-Procedures\" target=\"_blank\" rel=\"noopener\">pull year-end fundraising data from previous years<\/a> and come prepared with a goal in mind. It may grow or change over the course of your meeting, but kicking off with an attainable number will help keep you and your team grounded.<\/p>\n    <aside class=\"bg_gray\">\n        <p><a href=\"\/factsheets\/reporting-data-analytics\/\">Schedule your year-end reports ahead of time<\/a> and have them automatically delivered to your inbox!<\/p>\n    <\/aside>\n    <p>During your planning meeting, we recommend reviewing your mission statement and values. In busy fundraising seasons like year-end, it\u2019s easy to fall prey to mission drift, which happens when organizations gradually abandon their original missions, usually in an attempt to solve every problem in their communities. To avoid this, it can help to create clear parameters for how you\u2019ll spend the funds raised from year-end activities, or determine the resources you need to move your specific mission forward.<\/p>\n    <header data-toc-subtag=\"What does success look like?\"><p>Finally, think about what success will look like. How will you and your team know you\u2019re succeeding, and how will you celebrate everyone\u2019s effort? With clear direction, a renewed commitment to your mission, and additional incentives for a job well done, your team will be motivated and eager to deliver your best year-end fundraising campaign yet.<\/p><\/header>\n<\/section>\n <script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\/\", \n  \"@type\": \"HowTo\", \n  \"name\": \"How to set year-end fundraising goals\",\n  \"description\": \"We\u2019ve found that fundraising goals like \u201craise more money than last year\u201d are a bit too vague and don\u2019t inspire your team or your donors to take meaningful action. But when you use your data to inform your goals, create concrete plans to allocate your funds, and renew your strong commitment to your mission, your donors will be excited to give (and give again!).\",\n  \"image\": \"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-header.jpg\",\n  \"totalTime\": \"PT60M\",\n  \"estimatedCost\": {\n    \"@type\": \"MonetaryAmount\",\n    \"currency\": \"USD\",\n    \"value\": \"0\"\n  },\n  \"supply\": [{\n    \"@type\": \"HowToSupply\",\n    \"name\": \"Fundraising Reports\"\n  },{\n    \"@type\": \"HowToSupply\",\n    \"name\": \"Segmented Donor List\"\n  },{\n    \"@type\": \"HowToSupply\",\n    \"name\": \"Mission Vision\"\n  }],\n  \"tool\": [{\n    \"@type\": \"HowToTool\",\n    \"name\": \"Nonprofit CRM\"\n  },{\n    \"@type\": \"HowToTool\",\n    \"name\": \"Online Donation Form\"\n  },{\n    \"@type\": \"HowToTool\",\n    \"name\": \"Marketing Tools\"\n  }],\n  \"step\": [{\n    \"@type\": \"HowToStep\",\n    \"text\": \"If this is your first time attempting a year-end campaign, you can look to industry averages and apply them to your own fundraising efforts. For example, nonprofits who use DonorPerfect tend to raise 37% of their annual funds in October, November, and December, and you can apply the same percentage to make an educated guess.\",\n    \"image\": \"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-custome-report.png\",\n    \"name\": \"Create data-driven goals\",\n    \"url\": \"https:\/\/www.donorperfect.com\/nonprofit-technology-blog\/end-of-year\/year-end-goals\/#section-0-toc-0\"\n  },{\n    \"@type\": \"HowToStep\",\n    \"text\": \"When setting your year-end goals, take into account any fundraising activities you already have planned, and estimate how much each will raise.\",\n    \"image\": \"https:\/\/uploads.donorperfect.com\/images\/sites\/2\/eoy22-blog-2-scheduled-outreach.png\",\n    \"name\": \"Consider your pipeline\",\n    \"url\": \"https:\/\/www.donorperfect.com\/nonprofit-technology-blog\/end-of-year\/year-end-goals\/#section-1-toc-0\"\n  },{\n    \"@type\": \"HowToStep\",\n    \"text\": \"Total dollars raised is a key metric, but there are plenty of other data points that can help you evaluate your fundraising strategy and predict future success.  Here are some ideas for additional goals you can set, and see how they impact your overall fundraising results.\",\n    \"name\": \"Consider more than dollars\",\n    \"url\": \"https:\/\/www.donorperfect.com\/nonprofit-technology-blog\/end-of-year\/year-end-goals\/#section-2-toc-0\"\n  },{\n    \"@type\": \"HowToStep\",\n    \"text\": \"A successful year-end fundraising campaign is a heavy lift, and you don\u2019t have to go it alone! Consider holding a planning meeting in the coming months including your executive director, your board or a board representative, your data administrator, and your fundraising staff to get everyone excited to accomplish your year-end fundraising goals.\",\n    \"name\": \"Enlist your nonprofit team\",\n    \"url\": \"https:\/\/www.donorperfect.com\/nonprofit-technology-blog\/end-of-year\/year-end-goals\/#section-3-toc-0\"\n  }]    \n}\n<\/script>\n<aside id=\"form\" class=\"bg_gray center\">\n    <div id=\"eoy2022-cheatsheet-form\">\n        <h2>Get your fillable year-end fundraising cheat sheet<\/h2>\n        <script>\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 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d=gform.hooks[o][r];null==n&&(n=r+\"_\"+d.length),gform.hooks[o][r].push({tag:n,callable:e,priority:t=null==t?10:t})},doHook:function(r,o,e){var t;if(e=Array.prototype.slice.call(e,1),null!=gform.hooks[r][o]&&((o=gform.hooks[r][o]).sort(function(o,r){return o.priority-r.priority}),o.forEach(function(o){\"function\"!=typeof(t=o.callable)&&(t=window[t]),\"action\"==r?t.apply(null,e):e[0]=t.apply(null,e)})),\"filter\"==r)return e[0]},removeHook:function(o,r,t,n){var e;null!=gform.hooks[o][r]&&(e=(e=gform.hooks[o][r]).filter(function(o,r,e){return!!(null!=n&&n!=o.tag||null!=t&&t!=o.priority)}),gform.hooks[o][r]=e)}});\n<\/script>\n\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework eoy2022_cheatsheet_form_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_72' style='display:none'><div id='gf_72' class='gform_anchor' tabindex='-1'><\/div><form data-confirmation-type=\"message\" method='post' enctype='multipart\/form-data' target='gform_ajax_frame_72' id='gform_72' class='eoy2022_cheatsheet_form' action='\/nonprofit-technology-blog\/wp-json\/wp\/v2\/posts\/26188#gf_72' data-formid='72' novalidate>\t\t\t\t\t<div style=\"display: none !important;\" class=\"akismet-fields-container gf_invisible\" data-prefix=\"ak_\">\n\t\t\t\t\t\t<label>&#916;<textarea name=\"ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label>\n\t\t\t\t\t\t<input type=\"hidden\" id=\"ak_js_1\" name=\"ak_js\" value=\"166\" \/>\n\t\t\t\t\t\t<script>\ndocument.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );\n<\/script>\n\n\t\t\t\t\t<\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_72' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_72_1\" class=\"gfield gfield--type-text gfield--width-full input-field gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_1'>First Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input data-parameter='first_name' name='input_1' id='input_72_1' type='text' value='' class='large'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_72_2\" class=\"gfield gfield--type-text gfield--width-full input-field gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_2'>Last Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input data-parameter='last_name' name='input_2' id='input_72_2' type='text' value='' class='large'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_72_3\" class=\"gfield gfield--type-email gfield--width-full input-field validate gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_3'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input data-parameter='email' name='input_3' id='input_72_3' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><div id=\"field_72_4\" class=\"gfield gfield--type-text gfield--width-full input-field gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_4'>Organization<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input data-parameter='organization' name='input_4' id='input_72_4' type='text' value='' class='large'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_72_7\" class=\"gfield gfield--type-select gfield--width-full select-field role-field select-display field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_7'>Role (Optional)<\/label><div class='ginput_container ginput_container_select'><select data-parameter='role' name='input_7' id='input_72_7' class='large gfield_select'     aria-invalid=\"false\" ><option value=''  selected>Please choose an option<\/option><option value='Development Director' >Development Director<\/option><option value='Fundraising Assistant' >Fundraising Assistant<\/option><option value='Executive\/Board Member' >Executive\/Board Member<\/option><option value='Volunteer' >Volunteer<\/option><option value='Communications' >Communications<\/option><option value='I do it all!' >I do it all!<\/option><\/select><\/div><\/div><div id=\"field_72_17\" class=\"gfield gfield--type-select gfield--width-full gf_software_interest select-display gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_17'>Interested in DonorPerfect?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select data-parameter='software_interest' name='input_17' id='input_72_17' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' disabled selected>Please choose an option<\/option><option value='No' >No<\/option><option value='No, I am a current DonorPerfect client' >No, I am a current DonorPerfect client<\/option><option value='Yes' >Yes<\/option><\/select><\/div><\/div><div id=\"field_72_6\" class=\"gfield gfield--type-select gfield--width-full gf_number_of_constituents select-display gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_6'>Number of Constituents<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select data-parameter='number_of_constituents' name='input_6' id='input_72_6' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' disabled selected>Please choose an option<\/option><option value='0 - 500' >0 - 500<\/option><option value='501 - 1,000' >501 - 1,000<\/option><option value='1,001 - 2,500' >1,001 - 2,500<\/option><option value='2,501 - 6,000' >2,501 - 6,000<\/option><option value='6,001 - 20,000' >6,001 - 20,000<\/option><option value='20,001 - 50,000' >20,001 - 50,000<\/option><option value='50,001 - 100,000' >50,001 - 100,000<\/option><option value='100,001 - 200,00' >100,001 - 200,00<\/option><option value='200,001+' >200,001+<\/option><option value='Other' >Other<\/option><option value='Unknown' >Unknown<\/option><\/select><\/div><\/div><div id=\"field_72_5\" class=\"gfield gfield--type-select gfield--width-full gf_state_province select-display gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_72_5'>State\/Province<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select data-parameter='state_province' name='input_5' id='input_72_5' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' disabled selected>Please choose an option<\/option><option value='Other' >Other<\/option><option value='AB' >AB<\/option><option value='AK' >AK<\/option><option value='AL' >AL<\/option><option value='AR' >AR<\/option><option value='AZ' >AZ<\/option><option value='BC' >BC<\/option><option value='CA' >CA<\/option><option value='CO' >CO<\/option><option value='CT' >CT<\/option><option value='DC' >DC<\/option><option value='DE' >DE<\/option><option value='FL' >FL<\/option><option value='GA' 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