A presentation from BBCON 2014 that highlights trends and benchmarks for young alumni engagement at colleges and universities. With a heavy dose of data analysis, the presenters make the case that young alumni deserve a larger portion of attention from fundraisers.
3. Session Topics
1. Who are young alumni?
2. Why is it so important to engage this
audience?
3. What should you be doing in front and behind
the scenes?
4. Trends in young alumni giving
5. Metrics you need to evaluate
6. Trendsetters in the space
4. • Statistics are powered by donorCentrics service
• Target Analytics FY2013 Report on Alumni Annual Giving
• Private College Consortium Benchmarking Group (Undergraduate Alumni)
• Large Summit Benchmarking Group (Undergraduate Alumni)
• Sustainer Benchmarking
• All metrics are based on transactional “hard credit” giving data
Background on Data
4
5. • Arizona State University
• Bowling Green State
University
• Carleton University
• Colorado School of Mines
• Colorado State University
• College of William and
Mary
• Dalhousie University
• Darden School of
Business
• Iowa State University
• Indiana University
• Indiana University of
Pennsylvania
• James Madison University
• Kansas University
• Kent State University
• Louisiana State University
• Loyola University Chicago
• McMaster University
• Michigan State University
• Montclair State University
• North Carolina State
University
• New Jersey Institute of
Technology
• Ohio University
• Oregon State University
• Pennsylvania State
University
• Queens University
• Radford University
• Rutgers University
• Simon Fraser University
• Southern Alberta Institute
of Technology
• Texas A&M University
• Texas State University
• The Ohio State University
• University of Arizona
• University of California,
Berkeley Haas School of
Business
• University of California,
Davis
• University of California, LA
School of Law
• University of California,
Riverside
• University of California,
Santa Cruz
• University of California,
San Diego
• University of California,
Santa Cruz
• University of Cincinnati
• University of Delaware
• University of Florida
• University of Georgia
• University of Guelph
• University of Houston
• University of Kentucky
• University of Maryland
• University of Michigan
• University of Minnesota
• University of Nebraska
• University of North
Carolina, Chapel Hill
• University of North
Carolina, Greensboro
• University of North
Carolina, Wilmington
• University of Northern
Colorado
• University of Oklahoma
• University of Oregon
• University of South
Dakota
• University of Tennessee
• University of Texas at
Austin
• University of Toronto
• University of Virginia
• University of Waterloo
• University of Wisconsin
• Virginia Tech University
• Washington State
University
• Western University
• Wilfrid Laurier University
• York University
Public Institutions
5
6. • Benedictine College
• Boston College
• Boston University
• Brandeis University
• Carroll College
• Case Western University
School of Medicine
• Colby College
• College of St. Benedict
• College of Wooster
• Columbia University
• Concordia College
• Cornell University
• Creighton University
• Dartmouth College
• Emory University
• Furman University
• Gettysburg College
• George Washington University
• Grinnell College
• Harvard Medical School
• Johns Hopkins University
• Luther Seminary
• Marquette University
• Massachusetts Institute of
Technology
• Meharry Medical College
• Mount St. Mary’s College
• Northwestern University
• New York University
• New York University Law
School
• New York University Stern
School of Business
• Ohio Wesleyan University
• Oral Roberts University
• Point Loma Nazarene
University
• Rensselaer Polytechnic
Institute
• Rice University
• Rockhurst University
• Saint Mary’s College of
California
• Sarah Lawrence College
• Smith College
• Southern Methodist University
• St. Catherine University
• St. Joseph’s University
• Syracuse University
• Texas Christian University
• The Geisel School of Medicine
at Dartmouth-Hitchcock
• Union College
• University of Chicago
• University of Miami
• University of Pennsylvania
• University of Pennsylvania Law
School
• University of San Francisco
• University of San Diego Law
School
• Wentworth Institute of
Technology
• Wake Forest University
• Wofford College
• Yale School of Management
Private Institutions
6
7. • Within 10 years of graduation
(age 21-31) “Millenials”
• Transient
• Philanthropic pattern = minimal
Who are Young Alumni?
9. Future impact:
• Enrollment numbers have reached an all-time high. For many
organizations, this means that young alumni are taking up a larger piece
of your active constituent pie.
• This growing number poses the question, “how will we able to connect
with all of these individuals in order to ensure participation rates and
dollars raised are on point?”
Why take action now?
9
38%
62% Active Alumni
Class of 2000+
All Other
Active Alumni
Alumni Distribution
80%
20%
Donor Distribution
Donors
Class of 2000+
All Other Donors
10. Helping young alumni understand the importance of supporting an entity
that has given them so much already is going to make the transition to
donor an easy one.
1. Don’t be afraid to throw out numbers
2. A smaller gift is still a gift
3. Keep your messaging catchy and consistent
The education continues…
10
“Last year, gifts between $10 and $100
totaled $1.25 million. The value of your
gift is much greater than its dollar
amount. It sends a strong message that
the newest generation of alumni
understands the importance of giving
back and is invested in the University’s
future.”
11. “We need to prove that we are an organization worthy of young alumni’s
support early on, and keep them there, or young alumni will find another
organization to support” – Anna Louise Carter, Alumni Relations (Clemson
University)
1. Form a young alumni council
2. Start a tradition
3. Recognize your young alumni
4. Hub city exposure
Connection is key
11
12. Gathering :
• email addresses
• employment information
• social influencers
• wealth indicators
Tracking:
• legacy
• student involvement
• post-graduate involvement
Use data analytics in house or from a vendor to build engagement models.
Having good data will only help your efforts!
What should you be thinking about?
12
17. Young Alumni Trends in Giving
• Donors who graduated 1-9 years ago make up a larger portion of all
active donors than they did in 2009:
• 14% increase in Private Colleges
• 23% increase in Public Universities
• Where proper coding is available, Paid Caller programs continue to be
the largest source for Young Alumni (though web giving is certainly
increasing)
• Value grows over time (the payoff on the investment doesn’t happen
overnight!
%ofLifetimedonorsgivinginCY
LifetimeRevenueperDonor
18. The Key Metrics for evaluating your
Young Alumni Program
Retention
Reactivation
Acquisition
Donor Migration (i.e. pipeline to major giving)
Powered by donorCentrics Metrics
» 500+ organizations are using donorCentrics throughout North America, South
America, Europe, Australia, and Asia
» Benchmarking sectors include arts and culture, healthcare, environmental, societal
benefit, public broadcasting, human rights, human services, colleges and universities,
animal protection, international relief, and secondary schools.
» Transactional (not self-reported metrics)
» Hard credit giving, gift caps applied
20. Retention Rates
• Compare Retention Overall to Retention for Young Alumni
• Find your best young alumni donors to retain: giving levels, loyalty,
frequency
20 #bbcon
Large Publics:
Overall Retention Rate (median): 58%
Private Colleges:
Overall Retention Rate (median): 70%
22. Reactivation Rates (1-5 years lapsed)
• Compare Reactivation Overall to Reactivation for Young Alumni
• Find your best young alumni donors to reactivate: giving levels, loyalty,
frequency
22 #bbcon
Large Publics:
Overall Reactivation Rate 1-5 years
lapsed (median): 11%
Private Colleges:
Overall Reactivation Rate 1-5 years
lapsed (median): 18%
23. Median Revenue per New Donor
$119
$125 $123
$106
$119 $116$114
$130
$116
Private Public Overall
2011 2012 2013
24. Young Alumni: Revenue per New donor
Graduation Revenue per Donor
2000-2009 $85
2010-2013 $25
Seniors $14
Large Publics
Private Colleges
Graduation Revenue per Donor
2000-2009 $84
2010-2013 $48
Seniors $25
26. Case Study: University of Chicago
• 5 years ago implemented program:
• Specific branding and short bursts of activity for young alumni
• Found cell phone numbers
• Executed more digital solicitations overall for young alums and utilized more
challenges.
• Young alumni branding was more casual, graphic, and goal oriented.
• Added in a strong student philanthropy program
• Expanding the program: so successful with Young Alumni that the
definition is changing.
• Found that when alumni moved from 10 years out to 11, there were precipitous
drop-offs of participation—more than would have been expected from post-reunion
drop off.
• Attributed this to changing them from a mostly digital program to a mostly mail
program that was now addressing them as “Mr/Mrs” etc.
• Expanded the young alumni to 20 years out and have now seen significantly
renewed giving amongst those in the 11-20 year out range.
27. Results: University of Chicago
• Increased participation each year!
• Increased retention rates each year!
• Young Alumni are boosting totals overall, not “dragging them down”
Overall 66% retention rate
Class of 2000-2009 61% retention rate
Class of 2010-2014 53% retention rate
Seniors 45% retention rate
28. Case Study: Columbia University
• Giving Day Social Ambassadors (Columbia SOCIAL)
• Used the Columbia Alumni Association's Facebook page to start a pilot program
• Partnered with SocialToaster to share content via e-mail with ambassadors to post
on Twitter and Facebook.
• Sent E-mails 2-3 times a week (with a link to automatically share on social sites)
• Incentivized with prizes
29. Results: Columbia University (2013)
• 83 alumni, friends, faculty and staff members were ambassadors (over 6
states and 7 countries!)
• Average age 31.18 years old
• 61 were “active”
• 13 schools represented
• Reached 74,091 constitutents:
• Facebook: 59,961
• Twitter: 10,557
• Instagram: 3,436
• $7.8M Raised!!
• As of September, have recruited 333 ambassadors for Giving Day 2014
30. Case Study: Clemson University
• Implemented a Young Alumni fundraising campaign in conjunction with
the 1B “Will to Lead Campaign”
• Spearheaded by the Young Alumni Council and funded with help from the
office for advancement
• Initiatives:
• Host smaller scale campaign kickoffs in hub cities for young alumni specifically
• Release marketing material that pulled on heart strings
• Educate young alumni as to why giving back is important
• Results:
• Over a 4 year period, young alumni giving has increased over 217%
• The average young alumni gift has increased to $103.55
• More young alumni are active donors and sustainer giving is increasing
31. What is your reason to give back?
“The future of alumni engagement is fueled by young alumni, so I want to
help my alma mater stay cutting edge in its engagement efforts by relaying
the thoughts of a young alumni” – Harrison Trammel, Lawyer (Clemson,
UNC)
“I want to acknowledge the great experience I had during undergrad. The 4,
make that 5, years at UGA determined the steps I took in the next stage of
life. If every alum can make some type of gift or volunteer for their alma
matter it will drastically improve the experience for future students” – David
Seifert, Director of Sales (UGA, Citadel)
“I want to remain connected. For me, it's important to know that I am still a
part of Duke's current operations, even if it's just in a small way. Duke sends
me magazines, emails, and keeps me in the loop - it is my way of holding up
my end of the "keeping in touch" relationship” – Caroline Mix Stapleton,
Lawyer (Duke)
32. 32 #bbcon
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