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Get donors to invest in your NPO in 3 ways

Keeping donors and finding new donors is challenging, considering South Africa’s economy. We touched on storytelling a while back in one of our blogs, where we mentioned the touch of emotion when posting for your target audience. Storytelling builds emotional connections, strengthens donor relationships, and demonstrates the effectiveness of its mission.

One of the obvious things is to set a goal, this also helps your organization, employees, and volunteers focus and direction, helping you work smarter with the available resources. Be clear with what you’re trying to achieve, then incorporate storytelling to connect with donors on an emotional level. 

Attract donors in 3 ways: 

1️⃣ Storytelling 

For a relationship to work, you have to have an emotional connection, and so it does in this instance. For people generally, to help you actualize your vision, they have to first know it,  understand it, and it has to matter for them. As much as it matters to you. How do you get strangers to do this? Build an emotional connection with them. You can do this through storytelling. 

One way to tell powerful stories: 

Visuals deliver home a message faster than text. Share powerful images that grab attention and highlight your mission, such as pictures of the people you help, or even the work that goes on behind the scenes, such as staff and volunteers teaming up to plant trees or build houses.

2️⃣ Data and metrics 

This is the part that gets a bit technical… but more than anything, it’s just to strengthen your story and back it with data. As mentioned, you cannot measure what you don’t know, so the more you tell stories, the more you can track and measure your performance towards your goals.  

A practical example is if you are on a mission to upskill the youth and give them opportunities, you can report on the number of young people you managed to teach skills, and the number of learners you managed to get internships for. If you run a pad drive, you might measure the number of pads donated per week, cost per package, and the demographics of people that need help.

Tracking the metrics shows transparency while also providing the proof and accountability that donors expect from you. 

3️⃣ Marketing 

While marketing can assist you in attracting more/potential donors, keeping in touch with your current donors, highlighting your accomplishments, and taking the time to cultivate relationships with important donors can all assist in making sure that your organization is at the top of its minds when they plan their charitable giving.

Donors care deeply about supporting organizations that share their interests and beliefs, and they’ll want to see proof of efficient financial management and successful mission execution. Continue to share tales.

It’s crucial that the foundation of your marketing plan is your messaging and branding, and that your website, social media accounts, and other communications accurately reflect your brand and objective.

Data provides a better understanding of your organization and mission and can take your NPO storytelling to the next level.

If you are running an NPO, let us know in the comments how you attract donors and how you nurture relationships with them. 

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All about NPOs in South Africa

We have touched on Public Benefits Organizations not so long ago on one of our #FunFactsWednedays video, let us to continue this chat. 

What is an NPO?

We cannot assume you know, let’s get to understand what an NPO is. An NPO is a Nonprofit Organisation that plays a significant role in society, they take responsibility of the social and development needs of the country.

How to get started: 

Just like any other business/organisation, there must be intent or purpose of starting. Start here: 

1️⃣ Define your goal – before you could even register, you just at least know what your NPO will stand for. Knowing your WHY is important, it will help you navigate things more especially in cases where you need to go back to the drawing board. What exactly do you hope to achieve once you start the organization? Read more: What exactly do you hope to achieve once you start the organization?

2️⃣ Choose your board of Directors – selecting management of the NPO is probably the most fundamental step. Bring in like-minded people on board, it’s even better to get people from different industries who could come in with different perspectives during different situations. 

3️⃣ Draft your memorandum – this is important as it proves your intention to register the organization as a “not-for-profit” company – followed by information about how the organization would be governed, owned, and other important things to note therein.

Lastly, register. 

About registering your NPO

You can submit your non-profit organisation (NPO) application at your nearest provincial  social development office or a local South African Revenue Service (SARS) branch office. 

Benefits of registering is that its certificate:

  • improves your credibility and increases funding opportunities
  • it allows your organisation to open a bank account
  • helps your organisation with tax incentives.

The prerequisites of registering is that you must be one of the following:

  • non-governmental organisation (NGO)
  • community-based organisation (CBO)
  • faith-based organisation (FBO).

Do NPOs pay tax? 

However these organisations are “nonprofit”, they do not automatically qualify for tax exemption, the organisations that meet the requirements set out in the Income Tax Act, 1962 must apply for this exemption. Only IF the exemption application has been approved by SARS, the organisation will then be registered as a Public Benefit Organisation (PBO) and allocated a unique PBO reference number. 

These organisations can issue section 18A certificates – which allow for tax deduction to parties who make donations to such organisations. This becomes an attraction to donors because they get to enjoy these tax benefits therein by making donations to your organisation. 

As a member of a Public Benefit Company/Organisation, familiarise yourself with the conditions of the section 18A or contact Accase Solutions and we will gladly assist: 

✉️: info@accasesolutions.co.za

☎: 0615238833