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THE SIMPL… ASK ESSENTIALS OF MAJOR GIFT FUNDRAISING

Asking for major gifts is Simpl

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You can ask for major gifts confidently and elegantly following the SIMPL model

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Page 1: Asking for major gifts is Simpl

THE SIMPL… ASK

ESSENTIALS OF MAJOR GIFT FUNDRAISING

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SIMPL…. A Model for Successful Asking

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What holds us back is often…

• “What will they think of me…?

• “What if I say something inappropriate…?

• “What if I can’t answer their questions…?

• “What if they say no…?”

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SIMPL… can help you overcome these fears

• puts you in control

• gives confidence

• provides a map for the meeting

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S & I are for Showing Interest

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Rapport

• the easiest way to rapidly establish rapport with anyone is simply to SHOW INTEREST in them

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Ways of building rapport

Ask open questions and show genuine interest:

• “Who was the greatest influence on you growing up?

• “What aspects of the care system today concern you most?”

• “Where did your family used to spend most time when you lived here?”

• “When did you last visit the museum?”

• “Why did you start donating to charity?”

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Ways of building rapport

Use clean questions, such as• “And [their words]…?”

• “Is that [their words]…?”

• “So you think [their words]…?”

• “What is it about [their words]…?”

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What happens when the person responds?

• listen, make attention signs (nod in agreement, say “yes”)

• retain eye contact while noting down key concerns: their needs, problems, questions, issues

• remember these key concerns for matching in the next stage of the model

• briefly prompt to get more information (but now is not the best time to reply to each concern in detail)

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M for MATCHING

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How do you start to match?

• consciously stop the open and clean questioning and move into matching their key concerns in a natural and unforced manner

• bundle the person’s key concerns together

“You mentioned you have concerns about the lack of creativity and self confidence in young people…and that their literacy standards are poor”

• match several key needs with specific benefits in the case

“Did you know that our students spend a minimum of six hours a week doing music, drama or art? Our new creative arts centre will enable even greater choice”

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Emphasize the benefits not the features

Show the person how their bequest will add value

• how early clinical intervention will be enabled using the improved medical facilities.

• the effect the new designs will have on the quality of the teaching environment.

• that world-class researchers will be attracted to work at the institution as a result of the new amenities.

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P is for PACING

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Ways of pacing

Use assumptive statements and closed questions to find out if the other person will confirm agreement with the case for support:

• “So you would agree with us that …….?”

• “Just to clarify, do you feel happy with ….?”

• “Do you think we are going about this the right way?”

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Pacing is putting you in control

• you will be getting signals that the other person is ready to be asked

• you are in rapport

• you have matched their interest

• there is no obstacle to asking them for a gift

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L is for LEADING to the Ask

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Rehearse the askPractice the ways you will ask, so you feel comfortable:

• “Would you consider naming ……….. for $XXXXX?”

• “Council is offering naming rights to rooms for $XXXX”

• “We are looking for $XXXXX to ensure this suite is provided and fully equipped”

• “Other parents interested in the project have come on board for $XXXX ”

• “I’ve given $XXXX for a…... Would you join me?”

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And what happens after you ask?

Wait, stay silent - who speaks first loses!

• the other person is thinking about the ask

• look them in the eye, expectantly but patiently

• do not interrupt the silence through your own nervousness

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Remember the L.A.W.

• L is for lead

• A is for ask

• W is for wait

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If the person says “Yes” but you can’t pin them down to details

• all you want at this stage is to get agreement to a bequest in principle

• you are now ready for negotiating the gift details

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If you get a “No””?

• uncover the reason

• thank them for sharing that information (and do not argue with their decision!)

• move on to the end part of the meeting

• see them as a future “Yes”

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If you get a “maybe”?

• don’t worry.

• gifts are often not agreed in one meeting but through a series of meetings

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Ending the meeting

• lead to the end of the meeting by using one of several key phrases:

• “When will you be in a position to decide?”

• “What further information do you need?”

• “Would you like to bring [a family member] to one of our open days to learn what we are doing?”

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Summary of the Gift Asking Model

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How do you ask successfully?

• you SHOW INTEREST in the person by asking interested, clean and open questions

• you MATCH the person’s key points to the benefits your case for support offers

• you PACE and confirm that the person’s key points are matched by these benefits

• you LEAD to the rehearsed ASK and WAIT for the reply

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Remember

• asking is the start of getting…

• if you don’t ask, you don’t get!

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Making the most of the Gift Asking Model

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SIMPL – 4 part model

1. SI = showing interest

2. M = match

3. P = pace

4. L = lead to the Close

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Look on the model as your route map

remind yourselves of SIMPL before each meeting

• if you lose your way at any time during the meeting, return to the SIMPL route map

• decide, agree and rehearse your Ask line

• remember the LAW!

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Use it, schmooze it, then lose it!

• use it: try out SIMPL… every time you meet with a prospect

• schmooze it - adapt it creatively to your own personal and verbal style

• lose it - know when to internalize it, adapt it or discard it

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It’s that SIMPL….