A note about setting fundraising goals

Setting goals is a key part of creating a plan.  How you create your goals is equally important.

True story:  I’ve asked nonprofits to share their goals with me and they say “raise more money” or “raise a lot of money”.  Those are not good goals.  They’re too vague.  They set no direction.  Does “raise more money” mean you want to raise $1 more?  Or $100 more?

Be as specific as you can when setting goals and you’ll be much more likely to achieve them.  Setting a goal of “raising $10,000 by July 1″ is a better goal – provided that you have the capability to raise that amount of money in that timeframe. 

Once you set a goal, be sure that you know HOW you will achieve it.  Pulling numbers out of the air and then hoping you’ll reach them is no good.  Be sure you have specific work plans to back it up.  In the case of the $10,000, if you know you can add one more direct mail appeal to your schedule and raise that money, then that’s a good goal and one you’ll be likely to achieve.