Alumni Giving: How to Build a Sustainable Culture of Giving Back

Alumni Giving: How to Build a Sustainable Culture of Giving Back

 

This article written by Clive Pedley, CEO and Director, Giving Architects

Alumni play a crucial role in the sustainability and growth of educational institutions. Their contributions, whether financial contributions, volunteering, or through mentorship and advocacy, help create opportunities for current and future students. Establishing a culture of Alumni Giving is about fostering a lasting sense of belonging, gratitude, and shared responsibility for the institution’s continued success. 

At Giving Architects, we are big believers in extending the definition of Alumni beyond graduating students. We have found that where relationships are nurtured many past participants in the life of your institution may choose to stay connected and support your vision. Past parents, grandparents, past staff, past Board and committee members or anyone who has been involved in the life of your institution – in our opinion they all represent your wider Alumni Community. You can still preserve a special place for past students and traditional Alumni, but there is so much more to be gained from taking this broader approach. 

Encouraging Alumni Giving often begins with strengthening connections from the moment all of these people enter the institution. If that is not a strength of your past, you can change so it is true from today onwards. Creating meaningful experiences, engaging students in philanthropy early on, highlighting the impact of historical giving and fostering the value of lifelong relationships can lay the groundwork for sustained giving. Universities and schools need to communicate the impact of Alumni support and involvement through great storytelling and testimonials, reinforcing the value of many types of personal contributions. 

Personalised engagement strategies are key to maintaining strong Alumni relationships, especially when embracing the wider Alumni constituency. Institutions can use data analytics to tailor outreach efforts, but this is best supplemented with ongoing personal conversations with diverse Alumni from different eras, ensuring all Alumni feel valued and connected. Whether focused on the giving of time, talent, treasure or testimony that positively contributes to your institution’s future, a donor journey mapping process embedded into strategy and planning will undoubtedly build a greater culture of giving back. 

Effective communication that resonates with a broad Alumni can be challenging. Personalised and segmented regular updates through different channels and exclusive Alumni events can enhance a sense of belonging. Doing this well often requires ongoing testing and measuring as technology solutions evolve. Recognising and celebrating Alumni achievements and connections through storytelling, presentations that demonstrate how you truly value these important relationships and how they contribute back to the life of the institution. 

Offering flexible giving options is another important factor in sustaining giving from your wider Alumni. Providing multiple ways to contribute, from one-time gifts and recurring donations though to collective endowments and planned giving, ensures that Alumni can support the institution in a way that suits their circumstances. Traditional campaigns, giving days, matching gift programmes, and crowdfunding initiatives can also boost participation and engagement. But ultimately nothing will grow the culture of giving back more than attention for personalised relationship management. 

By aligning Alumni contributions with the vision of your institution’s leadership and strategic priorities, as well as consistently demonstrating tangible outcomes and impact, your institution can build trust and encourage a culture of generosity.  

Ultimately, fostering a sustainable culture of Alumni Giving requires consistent effort, great communication, and genuine engagement. By embedding the meaning of philanthropy into Alumni relationships, educational institutions can create a lasting legacy of support that benefits generations to come. 

Giving Architects has the pleasure of working with many institutions to establish, restart, build and capitalise on a variety of Alumni starting points. There are many variables to factor in when creating an informed and effective strategy that optimises outcomes from each starting point. Reach out to schedule an obligation free discovery call and let’s discover some direction for your future improved Alumni Giving.