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Fundraising Events

The "Awareness" Trap: Why Your Fundraising Event Goals Need an Upgrade!

Ilan
Ilan |

When planning a fundraising or charity event, it's easy to get fixated on a single, seemingly straightforward goal: raising as much money as possible. While financial success is undoubtedly a key metric, it shouldn't be the only one. A truly impactful event goes beyond the dollar amount, aiming to build a sustainable foundation for future support and deepen the connection between your organisation and its community. 

The Problem with "Awareness" 

I've been in countless post-event debriefs where an event has fallen short of its fundraising target, and the conversation inevitably turns to a single, comforting phrase: "Well, at least it raised a lot of awareness." 

This statement, while well-intentioned, is a classic coping mechanism that prevents honest and valuable reflection. It's an easy way to avoid the tough questions about why the primary goal wasn't met. If the goal was purely fundraising, and it didn't succeed, we owe it to our organisation and our mission to understand why. 

This isn't about blaming the event organiser. It’s about putting aside ego to have a candid conversation about what happened. Were there market conditions that impacted donor giving? Was the "ask" not correctly positioned for the audience? Were there other barriers that came to light during the campaign that we can learn from? By digging into these difficult questions, we can gain insights that will make future events, and our fundraising strategy as a whole, far more successful. 

More Than Just a Number 

Focusing solely on the money can lead to short-term thinking and missed opportunities. If you only measure success by the funds raised on the night, you may overlook critical long-term goals that ensure your organisation thrives long after the last guest has gone home. 

Before you even start looking at venues or entertainment, it's crucial to ask: "What does success look like for this event, beyond the money?" A truly successful fundraising event sets and measures goals that build long-term value. 

Here are a few questions to guide your strategy: 

  • Donor Acquisition and Retention: Is the goal to acquire new, first-time donors, or is it to deepen the commitment of your existing donor base? 
  • Awareness and Advocacy: Do you want to raise awareness about a specific campaign, a particular cause, or an aspect of your organisation's work? If yes, how will this be measured? 
  • Volunteer and Community Engagement: Can the event serve as a tool to recruit new volunteers or strengthen the bond with your existing ones? 
  • Relationship Building: Is the aim to connect major donors with the beneficiaries of their giving, fostering a more personal connection to the cause in order to increase future donations? 

The Importance of Data 

When it comes to fundraising, data is your most powerful asset. Are you looking for one-off donations on the night, or are you looking to grow your network of committed donors? 

I've often seen live and silent auctions at galas where the attendees weren't always known to the organisation. People would make a one-off donation, and while we knew they had a connection to the cause, we had no way of reaching them again to ask for future support. 

An event is an incredible opportunity to capture valuable data. This could be as simple as an email address from every guest, or a more sophisticated system that links auction bids and donations to specific attendees. By ensuring every interaction is tied to a person, you transform a fleeting moment of generosity into the start of a long-term, valuable relationship. 

Ultimately, your event is a platform. By defining goals that extend beyond a simple dollar amount, and by using data to your advantage, you can transform it from a one-off fundraising event into a powerful catalyst for long-term growth, advocacy, and community building. 

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