Generational Giving: How to Engage with Donors of All Ages
Understanding what motivates donors is the lifeblood of any successful fundraising strategy. Knowing how supporters prefer to give, how they want to be contacted, and the platforms they prefer to use is crucial for maximising impact. In our increasingly digital world, where convenience is king, charities must make giving as seamless as possible, boosting both initial donations and long-term engagement.However, it’s essential to remember that charity donors are not a homogenous group. They are a diverse collective of regular givers, passionate advocates, and one-time supporters. To supercharge fundraising efforts, charities need to understand the nuances of their supporters and tailor their approaches accordingly. One key factor to consider is the generation of your supporters.
A recently published report, "Charitable Support Across Generations in the UK and Ireland," from charity software partner Blackbaud, has shed light on the differing behaviors of different age groups. This report offers critical insight for charities, allowing them to connect with supporters of all ages more effectively as we head into 2025.
Different Strokes for Different Folks: How Generations Engage
The report categorises support into four key areas: donors (those who give funds or goods), volunteers (those who give their time), promoters (those who spread the word), and advocates (those who actively rally for causes or policies). While engagement levels are high across all generations, the method of support varies significantly.
Here's a snapshot of the key findings:
Beyond the Method: Donor Motivations
The report also delves into what drives these different generations, exploring the types of causes they support and the factors that influence their choices. Health, children's, and animal welfare charities are popular across all groups. However, motivations differ:
What This Means for Charities
The Blackbaud report underscores the importance of segmentation. Understanding generational nuances isn't just about demographics; it's about tailoring engagement to connect with supporters most effectively. Some key takeaways include:
Looking Ahead
As charities navigate the ever-changing landscape of fundraising, it’s vital to understand the motivations of their supporters. By segmenting their approaches, and tailoring their communications to the needs and preferences of each generation, charities can harness the power of generational giving to truly make a difference.
If you'd like to find out more about which age ranges fall into which category EG: Millennials, Gen Z, Baby Boomers etc. Click HERE to find out more in a short BBC Bitesize article.To delve deeper into Blackbaud's findings and gain a complete understanding of generational giving, download the full report by clicking HERE