The Momentum Fundraising Glossary

The Ask

Definition

The Ask' refers to the specific moments or strategies in fundraising when an organization formally requests or solicits donations from individuals, corporations, or other potential supporters. This can occur during meetings, events, or campaigns and may take various forms, including direct appeals, grant applications, or online campaigns. A successful 'ask' often relies on building relationships with prospective donors, understanding their motivations, and clearly communicating the impact of their contribution. Effective fundraisers prepare for the ask by engaging prospects, sharing compelling stories, and presenting funding opportunities that resonate with the donors' interests and values.

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Common Misperceptions

Many people think 'The Ask' is only about money.

In reality, 'The Ask' can encompass various forms of support, including time, resources, and in-kind donations. It's also about building relationships and fostering a community of supporters, rather than solely focusing on financial contributions.

FAQ

What is the best time to make 'The Ask'?

The best time to make 'The Ask' can vary depending on the context and relationship with the donor. It's essential to consider the donor's interests and previous engagement. Many fundraisers find success after building rapport and sharing impactful stories that align with the donor's values.

What are effective ways to make 'The Ask'?

Effective approaches to make 'The Ask' include personal meetings, well-crafted emails, storytelling techniques, and event presentations. Ensuring you articulate the need, the benefits of giving, and how the contribution will be used is crucial for a successful ask.

How can I follow up after 'The Ask'?

Following up is critical to maintaining the relationship with the donor. You should thank them for their consideration, provide additional information if they requested it, and reiterate your organization's impact. Not all asks will result in immediate donations, so keeping communication open is essential for future opportunities.

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