The next step is to enter your fundraising goal into the online calculator and hit “calculate” to get the suggested gift ranges for your campaign. Step #2: Enter Your Goal into the Gift Range Calculator Be sure to factor in the cost of fundraising, donor recognition, etc. You’ll need to know exactly how much you want to raise in order to create an effective gift chart or donor pyramid.
The first step for using a gift range calculator is to determine the overall goal for your fundraising campaign. Here’s my simple, four-step process for using a tool like this at your non-profit: Step #1: Choose Your Fundraising Goal Using a gift calculator isn’t hard, but there are a couple of steps you will want to go through in order to use one effectively. Step-by-Step Instructions for Using the Calculator There are other great gift range calculators out there, so if you come across an online tool you really love, be sure to share it in the comments below, and we may add it to our list. (For example, if you know you are getting a top gift of $100,000, you can edit the top gift amount, and it will automatically change the other gifts amounts for you). The added benefit for this calculator is that you can edit the results and it will reconfigure the chart for you. Note that this tool will give you gifts that add up to more than 100% of your goal, in order to factor in your cost of fundraising and budget overages.įundraising Gift Range Calculator – This tool calculates gift ranges that add up to exactly 100% of the overall fundraising goal for your campaign. That being said, the results from each calculator tend to be similar. Each calculator will differ slightly in how it calculates giving ranges and the number of donors at each level.
#Range calculator free
There are a number of great free gift range calculators available online. It will help you segment your campaign prospects into defined giving ranges, and prepare you for asking donors for gifts at each of those levels. A gift range calculator will help show your board that in order to raise $200,000 your non-profit will need to find four donors who give $20,000 or more to the campaign… including a top donor who will give $50,000.įinally, using a calculator will help you know how much to ask donors to give.
Many boards set lofty goals (“let’s raise $200,000 during our year-end campaign this year!”) without understanding what size gifts are required to meet those goals. Second, your board will have a clearer understanding of what your coming campaign will look like. Using a fundraising calculator will help you understand just how many major gifts are required to raise your total campaign goal (it’s very hard to raise $100,000 in $50 and $100 chunks!) Many fundraisers underestimate the impact major gifts have on their fundraising efforts. There are lots of benefits to using gift range calculators for your fundraising campaigns:įirst, you’ll have a clearer understanding of the size gifts you will need to raise as part of your campaign.
You can turn the results into a donor pyramid or use them in chart form, as shown above. Gift range calculators can be used for any type of fundraising campaign, including capital campaigns, annual campaigns, crowdfunding efforts, etc. When you enter that amount into the calculator, it may suggest the following gift ranges for the campaign: What is a Gift Range Calculator?įirst, what exactly is a gift range calculator? A gift range calculator is an online tool that allows you to enter a monetary goal for your fundraising campaign, and see how many gifts you will need to raise at each level in order to meet your goal.įor example, you may want to raise $100,000 during your fundraising campaign.
#Range calculator how to
In this article, we’re going to take a look at how to use a gift range calculator the right way and give you some tips for using these tools to help supercharge your fundraising efforts. The good news is that a gift range calculator is easy to use, and there are lots of free calculators available for your non-profit. These tools will help you develop a successful plan for your campaign, build a great donor pyramid, and understand exactly what types of donors you will need to involve in your fundraising efforts. A gift range calculator is essential for running any fundraising campaign at your non-profit.
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