Mar 13, 2021

Setting Non-Monetary Goals For Your Peer-To-Peer Campaign

Annual-Fund-Plan-Sample-Goals

While your peer-to-peer fundraising campaigns will likely have a monetary goal, it’s important to set a donor-facing non-monetary goal to inspire your beneficiaries, and highlight the importance of the campaign. 

A non-monetary goal can range from reaching a certain number of donors, to how many people your campaign is helping. These types of goals are specific and measurable, two critical components of successful goal setting. 

Here’s how our customers are applying this strategy to their campaigns: 

How to Determine Your Goal

There are ways to determine what your goal should be based on your campaign. A good place to start is by figuring out what the cost is to impact one beneficiary.  

For example, imagine you’ve held ten fundraisers that each raised around $512, the average fundraiser amount, and the cost to help one beneficiary is $25. 

10 Fundraisers X $512 = $5,120 
$25 = Cost of 1 backpack with school supplies for 1 child 
$5,120 / $25 = 205 backpacks 

In this scenario, your non-monetary goal might be: “This summer we are raising funds to outfit 205 students in our community with a new backpack filled with school supplies for the 2019-2020 school year. Help us get students back to school with a $25 donation.”  

How Your Goal Influences Future Campaigns

When planning a new campaign, it is also helpful to look back at goals and data from past campaigns. That data can include metrics like the average donation amount per donor, number of donors, as well as what campaigns were “liked” and “shared” on social media most often by your supporters. Analyzing this data helps you set more realistic goals and can shape messaging for upcoming campaigns.  
 
For example, if your last campaign had 80 donors and there are 120 potential donors in your database, this year’s goal may be for 100% participation in the campaign by donors. 

Non-monetary goals are a great way to make your campaign’s objectives more digestible for individual donors and volunteer fundraisers. Consider setting non-monetary goals for your next campaign to echo your storytelling and help enforce the direct, tangible impact your organization is striving for. 

Our goal at GiveSmart is to help nonprofit organizations create and manage successful digital fundraising campaigns, raise more money and retain donors longer. Request a free demo with one of our fundraising experts to learn, step by step, how GiveSmart can simply help set up your campaigns while transforming your results. 

Related

October 17, 2024

Don’t Concede: Nonprofit Fundraising During an Election

This election year has been a topic of much conversation for a good, long time….

Read More
Learn about matching gift strategies for your nonprofit
September 22, 2024

15 Companies with Groundbreaking Matching Gift Programs

You work hard for every dollar raised in online giving. What if you could double…

Read More
A Quick Guide to Nonprofit Marketing
September 19, 2024

A Quick Guide to Nonprofit Marketing

When you hear the term “marketing,” you likely picture tools and tactics designed to target…

Read More
clients-B

What our clients say

We needed a platform to make sales online and to track and display ads for our sponsors. GiveSmart was perfect. We ended up making close to $15,000 more than we had hoped for. Definite better ROI than we anticipated. The interface is easy to use and provides plenty of options to get help if needed.

Michelle M.

The Rotary Club of South Whidbey Island

Using GS has created ease in auction bookkeeping, payments, and generating post-event thank you/tax letters. While we were online during COVID, our interactions with our GiveSmart via phone, email, and zoom were seamless. A representative always got back to us within the day. I would recommend GiveSmart to anyone doing a large online event.

Julie G.

MicroFinancing Partners in Africa

GiveSmart is highly flexible - you can use it for [a] simple registration and check-in, to full-scale galas with complex order forms, onsite upsells, live auctions, seating management, and more.

Jamie F.

Hope Chest for Breast Cancer

GiveSmart is easy to use and ideal for virtual events and can be used for in-person events to manage the silent auction, seating charts, and check-in to the event. Being able to use the platform for unlimited events within the contract year is very useful and being able to add other users and volunteers for different levels of access is helpful as well.

Dawn L.

Literacy Coalition of Palm Beach County