Kick off Stewardship with a Tax Letter

Episode SummarySummaryIn this episode of Fridays 4 Fundraising, Kelly emphasizes the importance of sending tax letters to donors as a way to enhance donor appreciation and loyalty. She discusses the key elements of crafting effective tax letters, including the timing, content, and legal language to use. Additionally, she highlights the need for a solid fundraising infrastructure to support organizations in their fundraising efforts.Get SupportNote: We only support U.S.-based nonprofit organizations that are IRS designated 501(c)(3) organizations or that are fiscally sponsored by a 501(c)(3) organization.Sustain & Thrive: Engaging, Supportive Group Learning: https://www.fromscratchfundraising.com/sustain-thriveNurture & Grow: Your Individual Giving Program Launch: https://www.fromscratchfundraising.com/nurture-growNot sure what you need? Request a Consultation: https://www.fromscratchfundraising.com/schedule TakeawaysSending tax letters is a best practice for donor relations.Send letters when donors receive other tax documents.Include a summary of accomplishments in the tax letter.Use clear language about tax deductibility to avoid legal issues.Creating tax letters should be a straightforward processRegular communication fosters a sense of partnership with donors. Chapters00:00 The Importance of Tax Letters for Donors03:37 Crafting Effective Tax Letters05:16 Building Sustainable Fundraising StrategiesKeywordstax letters, donor appreciation, fundraising, nonprofit, donor loyalty, charitable deductions, communication, impact letters, fundraising infrastructure, donor relations