Creating a Donor Stewardship Plan
Consistent donor stewardship requires a plan. For a stewardship plan to be impactful, organizations must outline the specific processes, actions, and strategies it will utilize to engage donors. Whether the organization is revising its existing plan or approaching stewardship strategically for the first time, Bonterra recommends the following steps for creating a donor stewardship plan:
1. Create a Donor Pyramid to Identify Giving Levels: By segmenting donors based on gift frequency, size, and type, organizations are better positioned to “craft specific stewardship strategies that resonate with each group.”
2. Outline Stewardship Activities: Using the segmented categories, draft a list of the stewardship activities for each type of donor.
3. Build a Stewardship Matrix: With the activities determined, the stewardship matrix is the “detailed schedule that outlines the specific points and timeframes of how and when you’ll communicate with donors.” If helpful, the matrix could include the specific staff member or board member responsible for the activity.
4. Evaluate and Refine the Stewardship Plan: The stewardship plan should evolve with the organization’s needs and capacity. Incorporating qualitative and quantitative data, the plan should be regularly reviewed and changed as needed.
For more information, read Bonterra’s “How to create a donor stewardship plan: step-by-step guide.”