Muhammad Babangida | Philanthropy

Muhammad Babangida is a committed philanthropist from Nigeria

Tag: Strategy

What Is Donor Screening in Nonprofits?

By

On March 1, 2023

In Muhammad Babangida, Philanthropy

Regarding philanthropy, it’s essential to consider the various factors that affect a donor’s impact on an organization’s mission and vision. Having the proper resources and practices in place minimizes risk and ensures that your gifts support your organization’s goals and mission.

As we develop and manage our prospect pipelines, it’s vital that we thoroughly consider the backgrounds of our potential donors. This is especially important when it comes to large gifts.

Before accepting a gift or soliciting a new donor, nonprofits must take the time to consider the various factors that affect an organization’s mission and vision. While predicting how a gift or donation affects an organization is impossible, the 24-hour news cycle can provide important information about a potential donor.

Financial and Legal Risks

There are many risks associated with accepting a donation to a nonprofit organization, and it’s usually not worth the risk to accept it if it could affect the organization’s financial stability or lead to an issue with the law. To minimize these risks, the development department, leadership team, and individual fundraisers should thoroughly investigate the potential donors’ backgrounds and follow established policies.

A strong donor acceptance policy is critical to protect the organization’s goals and mission. It should include rules about the types of accepted gifts and guidelines for naming and anonymity. Proper procedures can minimize risk and ensure donations support the organization’s goals and mission. 

Reputation and Ethical Risks

Different standards and methods should be used by each organization to determine when a gift or donation can be considered harmful. Some nonprofits will only accept contributions from individuals who support the organization’s values or mission, regardless of their motives.

Nonprofit organizations should consider the reputation of their potential donors by checking into financial difficulties and criminal activity. A foundation or organization should consider the ethical nature of its funding source. Check if the potential donor support groups or candidates whose agenda is out of sync with your nonprofit. These are some of the questions that leaders and fundraisers should ask during the donor vetting process to help protect their organizations from potential ethical and reputational risks.

Be Proactive

Conducting prospect research before asking for donations can help identify potential donors who may pose ethical, legal, and financial risks. It can also flag prospects who have unclear or inaccessible wealth sources.

To check for adverse press reports, an organization should conduct a news search and review recently published articles.

Before conducting prospect research, an organization should thoroughly check the sources of the potential donors’ previous funding and their current involvement with various charitable activities.

Although donor vetting can be a multi-faceted process, organizations must clearly understand their goals and the resources they need to make informed decisions. A strategic plan and asking the right questions can help ensure a successful process.

Digital Strategy for Nonprofits in 2023

By

On December 8, 2022

In Community Engagement, Muhammad Babangida, Philanthropy

Digital marketing has become a powerful tool that businesses can use to reach out to their customers worldwide. It can help them establish a strong relationship with their customers, expand their global reach, and boost brand awareness. There are a several digital marketing tools that you can use to grow your business, such as social media marketing and email marketing.

Compared to traditional marketing, digital marketing is more cost-effective. It can also reach a wider audience since almost 4.57 billion people worldwide use the internet. It allows non-profits with small budgets to reach even more people than before.

Non-profit organizations focus on raising awareness and increasing their mass following. Digital marketing can help these organizations do just that. 

 

SEO Authority

One of the most critical steps a non-profit organization should take when it comes to digital marketing is creating a website. This is the first place potential customers will go when searching for information about the organization.

Having other companies and organizations link back to your site can help boost your chances of ranking high in search engines. You can hire an agency to build links for you or create them yourself.

Engage Viewers

One of the most effective ways to boost the click-through rate of your targeted emails is by adding videos. Creating emotionally engaging videos can help your viewers feel connected to the message you’re trying to convey.

According to a survey by Wyzowl, over 85% of businesses use video marketing as their primary tool for digital marketing. Including video in your digital marketing efforts is very important. You can create a YouTube channel for your organization or post a video on your website.

Pay-Per-Click

One of the most effective ways to drive traffic to a website is through pay-per-click advertising. For non-profit organizations, Google Grants can be a great source of funds. Through this program, businesses can use pay-per-click advertising without a huge investment.

After verifying your Google Grants account, you can promote your organization and initiatives for free. This will allow you to get direct traffic to your website. You can consider what your audience is looking for through the data collected.

Interact More with Readers

One of the most effective ways to boost the click-through rate of your digital marketing efforts is through retargeting. Non-profit organizations commonly use this method to attract and retain viewers who have already visited their websites.

Deliver Your Message

A personalized email campaign is one of the most effective ways to deliver messages to your audience. This method allows you to segment your audience and create a customized message for each individual.

This method allows you to create a personalized email campaign with a solid call to action and gets your messages delivered to the right individuals.

With the help of email marketing tools like MailChimp, you can easily create and manage effective email campaigns for non-profit organizations. The company offers a 15% discount on its services to non-profit organizations.

Non-profit organizations can benefit from digital marketing, as it can help boost their brand awareness and increase their number of donors. It is also perfect for small and large non-profit businesses, allowing them to reach their potential customers.

Tools That Make Fundraising Collaboration Easier

By

On December 1, 2022

In Community Engagement, Muhammad Babangida, Philanthropy

Fundraising tools, like HootSuite, GreaterGiving, Springly, and GoFundMe, are designed to help organize and streamline the various steps involved in running a successful fundraising campaign. They can also minimize the amount of work your staff members must do to make the event successful.

Although there are many different fundraising tools, it’s important to note that some are comprehensive and can help you run a successful campaign. Others, however, are simpler and only provide a few features that allow you to manage a small amount of activity.

One of the most critical steps you can take is to organize an open forum for your organization’s staff members to discuss the various aspects of running a successful campaign.

One of your group members will be able to look into the various companies that offer these services and find out which will work best for your organization. Brands should also list their products’ top features and prices so that you can compare their offerings against your current needs and budget.

Canva

Canva has thousands of templates you can use to create engaging images, which can help capture the attention of your potential supporters. Canva also has tutorials and other resources to help you improve your skills in social media graphics. If you are running a social media campaign or planning to expand your reach, then boosting your visuals is essential.

HootSuite

It’s vital to consider when choosing fundraising software the ability to schedule your posts. With HootSuite, you can quickly implement various features, such as content scheduling. This tool can help you keep up with the latest trends in online fundraising.

MailChimp

Some organizations do not launch annual email fundraising campaigns. You can use an affordable service like MailChimp, which allows you to automate email delivery. It also offers professional templates to help build effective communications.

Crowdfunding Platforms

GoFundMe

This tool has a simple dashboard that allows you to manage various aspects of your organization’s operations, such as sending thank-you emails and withdrawing funds. Unlike other platforms, this service does not have fees.

Since it was first established in 2010, the crowdfunding platform known as Gofundme has become one of the most popular platforms in the world. It allows individuals and organizations to raise money for various causes. You can start a campaign by adding a certain amount of money to your goal, create a story using photos, text, and video, and share it on social media.

Peer-to-Peer Fundraising Platforms

Bonfire

With the help of crowdfunding and peer-to-peer capabilities, you can reach out to your target audience and raise money for your cause through the platform known as Bonfire. It also allows nonprofit organizations to sell their merchandise. Through its simple point-and-click feature, you can create and sell various products such as t-shirts, water bottles, and sweatshirts.

QGiv

QGiv is a software that supports various types of online fundraising, including peer-to-peer and online auctions. You can use it to manage multiple aspects of an organization’s operations, such as sending and receiving donations.

Springly 

With Springly, you can manage all the tools you need to run an organization, including a complete CRM, fundraising capabilities, and communication tools. It also comes with an event management system. Since all of these components are in one software, it eliminates much of the heavy lifting involved in running an organization.

Greater Giving

This software supports both live and virtual events and provides various services for both types of fundraisers. Through its event services, you can connect with experts who can help you maximize the performance of your events.

GiveSmart

GiveSmart is a sizeable online fundraising software that connects various aspects of an organization’s operations, such as its CRM and payment processing services. It can also handle virtual and live events. Its customer service team can answer questions and advise at any time.

Best Payment Processors for Nonprofits 

A payment processor is a must for any organization planning on holding a web-based fundraiser. It will ensure that they can accept donations online.

Stripe

For registered nonprofit organizations, which can raise at least 80% of their income through donations, a discount is available from Stripe. This payment processing company also offers a variety of developer tools and advanced reporting capabilities.

Square

Although Square doesn’t offer a discount to nonprofit organizations, it has a variety of free features. One of these is its customer management software, which is helpful for organizations that maintain a contact list and collect donations.

PayPal

Nonprofits can utilize PayPal’s various resources, including a dedicated Donate button, recurring donation capabilities, and payment options. It also allows you to be included in its Giving Fund, which enables donors to find your organization. PayPal’s integrations with other software can be effortless.

One of the most critical factors that any organization should consider when choosing online fundraising software is the ability to manage its donor information. Before you sign up for a platform, thoroughly understand its features and how it can help you collect donations.

In addition to helping organizations maximize their donations, this software helps them improve efficiency by integrating and automating various aspects of their operations. This can allow them to work more efficiently and effectively with their team members.

 

How Digital Marketing Skills Can Help Nonprofits: Part 1

By

On May 4, 2022

In Community Engagement, Muhammad Babangida, Philanthropy

Unlike other businesses, nonprofit organizations are not focused on making money. Instead, they are committed to helping those in need. Nonprofits can easily reach out to their supporters through digital platforms. They don’t have to spend a lot of money on advertising, and they can use their platforms to promote their work.

The digital space is very cost-effective and can help nonprofits reach their potential audience. It can also help them raise funds without taking on excessive expenses. Nonprofits can also benefit from having a great website. It allows them to communicate with their potential donors and showcase their work.

Digital marketing can help boost a nonprofit’s visibility and provide more people with a chance to support them. Here are some of the key ways that digital marketing skills benefit nonprofits.

  1. Sharing Your Impact

Getting started with a good online presence is very important for a nonprofit. Having a well-designed site can help boost the organization’s visibility and attract more potential donors.

A good website design company can help a nonprofit create a well-designed and engaging platform. They will also make sure that the users have a good experience. Aside from creating a well-designed website, a good digital marketing agency can also help boost a nonprofit’s visibility through search engine optimization. This process can help create awareness for the organization and its services.

Digital platforms allow nonprofits to publicly share the impact they have on their community and make people more aware of the work they are doing.

  1. Inexpensive Exposure

Digital marketing allows companies with the deepest pockets to get the most exposure. Nonprofits, on the other hand, do not have the option of spending big on digital marketing.

Nonprofits should be able to explain how they use the money they have to donors. They should also make sure that they are not over-spending on digital marketing.

Even without spending a lot of money, digital marketing can still be very efficient for a nonprofit to build its brand. One of the most effective ways to do this is through content generation.

Another effective way to get noticed is through link building. A good link-building agency can help nonprofits find opportunities to appear on authority websites.

  1. Endless Opportunities

One of the biggest limitations of analog marketing is that it only allows a nonprofit to choose the media houses that are available.

Digital marketing is different though, as it allows nonprofits to reach their potential audience and promote their work in a multitude of ways. They can also use social media platforms to reach their target audience.

Aside from social media, a good digital marketing agency can also help a nonprofit create and manage various marketing strategies. Some of these include blog posts, videos, and case studies.

One of the most important factors that a company should consider when it comes to developing a website is the availability of various fundraising tools. Having the right tools can make it easier for people to give.

  1. Adaptable Marketing

Before the rise of the internet, conducting research on a nonprofit was very challenging. People had few options when it came to finding out about a certain organization. Today, having a well-designed website can help make it easier for people to find out more about the organization.

Having a robust digital presence is also important for nonprofits as it allows them to appear more credible online. Having a well-designed website can help people easily find information about a certain organization.

It is also important that the website is mobile-friendly. Having a responsive design can help ensure that the site can be easily accessed on different devices.

How to Get Loved Ones to Start Giving

By

On July 13, 2020

In Community Engagement, Muhammad Babangida, Philanthropy, Youth Philanthropy

When a person is passionate about a cause, it is natural for them to want family members to join and support. Most nonprofit contributors are individuals who want to see a change in society. They are not staff or prominent people. However, asking a family member to donate can be awkward, and an individual can be unsure of how to start the conversation. Here are ways in which an individual can encourage a loved one to start giving.

 

  1. Tell a Story

Encouraging a loved one to donate may require more than dry statistics. An individual needs to use storytelling to show the impact of the cause on people and society.

 

  1. Use Different Ways to Reach People

The use of social media can be of great benefit in reaching friends and family who are not in close contact. But for those that are close, a phone call or an email can be effective. An individual can also request loved ones to get involved in the cause other than making donations.

 

  1. Make it Easy

It is important to have a proper donation channel. Eliminate guesswork and consider the various ways in which people make donations. Let them understand whether the organization can receive gifts.

 

  1. Organize a Birthday Fundraiser

An individual can demonstrate commitment by asking friends to donate in honor of a birthday. Online platforms such as GoFundMe can be effective for this campaign.

 

5. Express Gratitude

An individual should always thank the potential donors even before they reach out for their wallets. It is also important to express gratitude when sending the message or when sharing the online platform link.

Focus on Strategic Philanthropy

By

On November 4, 2017

In Muhammad Babangida, Philanthropy

While philanthropy is like a business in that time, money and effort are all put toward a goal, the biggest distinction between them is goals. Businesses further monetary gain. Philanthropy furthers “humanitarian gain.” It is with this distinction in mind that we have compiled several notable things philanthropists can do to optimize return on investment.
Consider the End Goal and Focus on It.
Philanthropy is the quest to preserve something you value, change something for the better or both. Focusing on a handful of causes means that donors can have see and feel a greater impact. A good mindset is “deep, not wide.”
Seek Reliable, Influential Partners.
With 1.5 million nonprofits in the US, deciding which groups to bring on board can be taxing. Before donating, do your research. Look into the NPO’s:Ultimately, follow up “What does your organization do” with “How well has it succeeded?”

  • Success in achieving goals.
  • Finances.
  • Command structure among staff and volunteers.
  • Expedience in changing to meet new needs.
  • Involvement with beneficiaries and stakeholders.
  • Actual difference made.

Discern If Philanthropic Capital Works For You.
The US sees 800 billion, non-refundable and tax-deductible dollars going to charities and donations. Despite this, no more than one-twentieth to one-fifth goes to nonprofits; the rest flows into public and private sectors, chiefly for financial growth.

Look into potential charities and where their investments end up. If the answer displeases you, then you can ignore them. Discuss investing with your financial advisors and figure out how you can best make use of philanthropic capital.
Evaluate and Progressively Change.
Philanthropy that achieves noticeable goals over time is rare. It takes more than checks induced by feelings from the holidays. Many donate to a go-to charity without receiving any feedback on that charity’s successes or operations.

Proper philanthropy requires endurance and constant assessment of successes and failings. A proper philanthropist is one who is constantly engaged and knows when to change strategies on the fly.
Give Boldly, Now!
It is natural to save as much as possible to take care of our own. Despite this urge, many easily accomplish that goal while still engaging in philanthropy. A financial advisor can point out when it is viable to give unto others. It is also important to remember that wealth does not follow you beyond death. Rather than horde your earnings, your fellow man and your planet could use it for improvement.

Powered by WordPress & Theme by Anders Norén