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EverTrue TV Ep 5: Facebook 101 – Boosting a Post

If your school has a Facebook presence, you’ve already dedicated manpower and salary to the platform. Your social media team spends its time creating and sharing content on Facebook in the hope that alumni and donors will stay informed and engaged.

In the latest episode of EverTrue TV, our founder and CEO Brent Grinna tells you how to get the most ROI out of your Facebook efforts in three simple steps. By committing a little more time and money to Facebook, your advancement team can better achieve its fundraising goals by gaining a truer picture of your prospects’ propensity to give.

Check out the episode below!

Full Video Transcript

Just as people who attend events or volunteer are more likely to give, constituents who engage with you on Facebook are also more likely to give. This insight is encouraging many fundraising organizations to more strategically invest in Facebook.

One of easiest ways to get started is by boosting your posts.

Today, I’ll be showing you an example of how Brown University reached over 40,000 alumni and friends with just $30. [DID YOU SAY $30?]

Yes, just $30.

Now, let’s a look at Facebook. 

In order to boost a post, you need to be an administrator on your institution’s page. So if you don’t have access, get in touch with your social media manager.

Ok. There are three simple steps to getting started with boosting a post on Facebook.

First, find some interesting content. It could be a photo, news article, or an upcoming event.

Next, create a post on Facebook. In this case, we chose a story about James Develin’s journey from Brown to the New England Patriots. We added a photo because posts with photos or videos perform better.

Then, select “Boost Post.” In this case, I chose $30 and I decided to target fans of this page and their friends, but there are many targeting options.

Finally, hit “Post.” Then, sit back and watch the engagement roll in!

In this case, we were able to reach over 40,000 alumni, parents, and friends in just a few hours.

Facebook breaks down the total views by organic and paid traffic, so you can see just how much boosting this post really helped our reach.

By paying a very small amount, we were able to reach 4x our normal audience.

The people who engaged with that post range from major donors to non-donors and everything in between. In total, the people who engaged with that post have given over a million dollars to Brown.

Just think about how much time and money it would take to reach those same 40,000 people via email or direct mail. Facebook offers massive reach at a very low cost with strong potential ROI.

That’s what social donor management is all about.

Endowment Spending & Growth Calculator

Enter your fund's current value and adjust the return, spending, and inflation sliders to see how its value in today's dollars changes over time.

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In today's dollars

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4. Continue to Steward Donors

Your relationship with the donors who give to your endowment doesn’t end when you secure their gifts. Because your endowment exists to make a difference in the long term, your supporters will want you to keep in touch about its progress. Ongoing stewardship means keeping donors updated about your endowment’s performance and impact. A report that strengthens your relationship with donors should cover:
  • The fund’s balance at the start and end of the year
  • Spending amounts and allocations
  • How the fund’s returns compare to your investment targets
  • A short narrative detailing the specific impacts the endowment achieved
Create a report for each endowment rather than sending an identical document to everyone. A donor who endowed a scholarship wants to hear about the students it supported, while a donor who endowed a building fund wants updates on construction projects.

5. Upgrade Your Endowment Management Tools

Your endowment management tools should make applying your spending policy across every fund easy. Investing in dedicated software is especially useful as your endowment grows. Handling unitization in spreadsheets might work for a few funds, but as you begin to manage dozens or hundreds of gifts, dedicated software can save your team time spent manually calculating gains and losses for each one.

Why Nonprofits Need Dedicated Endowment Management Software

Dedicated endowment software brings accuracy and consistency to every part of the management process, from tracking individual funds to improving security. See how these solutions compare to a spreadsheet-based approach: nfographic table outlining the information below.

How These Methods Compare:

In managing your endowment with traditional spreadsheets, you may see:
  • High administrative burden: Manual entry across disconnected systems
  • Limited security and audit footprints: Reduced version control and audit trail visibility
  • Difficulty with donor transparency: Spreadsheets provide only static data that is difficult to turn into custom results.
By using dedicated software, you are likely to find the following improvements:
  • Lower administrative burden: Automated fund tracking and calculated allocations
  • Enhanced security and audit footprint: Audit-ready reconciliation with clear tracking
  • Greater donor transparency: Connects with reporting platforms
Dedicated endowment management software keeps your organization compliant while freeing up the time your team once spent manually managing spreadsheets.

Secure Your Endowment with Balance by EverTrue

Effective endowment management begins with excellent accounting. Balance by EverTrue handles unitization, applies spending rules, and produces audit-ready reports, so your team can spend more time on the donor relationships that built the fund in the first place.
  • Turn your data into a clear picture of long-term impact. Combine accurate fund accounting with donor reporting that showcases impact.
  • Connect with the tools you already use. Pair Balance with Impact by EverTrue and ODDER by EverTrue to create and deliver compelling digital endowment reports that you can send to donors with ease.
  • Know where every fund stands in real time. Check market values, gift history, and available spending for any fund. Then, share view-only versions with your team, so everyone stays informed.
With Balance, your team can stop spending all your time on manual management and instead add balance to your endowment workflow.

Additional Resources

To learn more about managing your endowment and other ways that technology can help your organization, check out these additional resources: Less stress, higher endowment funds. Discover how Balance provides the organization, security, and accuracy your endowment needs. Request a demo.
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