New 1:many cadences with automated emails, reusable templates, and more in Signal

DonorSearch identifies prospects in your database with the capacity and intent to give.

Missed the live session? Watch our on-demand webinars anytime to get guidance from industry experts.

3 Ways to Get 100 New Users on Your Community App

By now, you know that St. Paul’s School won our first ever Customer Summit Challenge amid some pretty steep competition. As promised, we’re sharing the great ideas and techniques from three more of the challenge’s standout participants: Phillips Exeter Academy, Choate Rosemary Hall, and Brewster Academy.

These three institutions did an amazing job promoting their respective Community apps to increase their young alumni adoption. All set out to win our Customer Challenge, and all acquired some amazing results.

Phillips Exeter Academy

I spoke with Mike Nagel, Associate Director of Advancement Communications at Phillips Exeter, who is “still finding email to be our most successful way to reach out to folks to facilitate immediate app adoption.”

He continued Exeter’s regular email blasts for ⅕ of its alumni body—segmented by reunion years—with one touch point every week. The school also ran a series of Facebook mobile ads, targeting only the youngest 20 alumni graduation years. Exeter ran three different ads; two were significantly more successful than the third. One included a screenshot of Community’s map, while the other used the Exeter and LinkedIn logos. The school spent $28 for a total of 224 clicks, converting to over 100 new users. Mike was very excited to receive that new contact data which he referred to as an “enormous value for us.”

Choate Rosemary Hall

Monica St. James, Director of Alumni Relations at Choate Rosemary Hall, who took a personalized approach to attracting new users by taking advantage of the “Invite to App” banner at the top of each Community profile. She did this on a class-by-class basis.

Instead of using the invitation language auto-populated by Community, Monica added her own personal invitation to speak more directly to Choate’s alumni:

EverTrue is Choate’s mobile alumni directory. Connect with friends, update your contact info, and network, network, network! You’ll love finding alumni who live nearby and who work in the same industry as you—or the one you want to be in. Check it out.
-Monica

Choate also continued to send dedicated app emails and was ultimately able to attract over 175 new users to the app between July and September.

Brewster Academy

Last but certainly not least, I spoke with Whitney White, an Annual Fund Officer at Brewster Academy. She helped create a rollout plan for each month from the beginning of the challenge and made sure she and her team “stuck to it.”

In addition to a Facebook Mobile ad, dedicated emails, Facebook posts, and tweets, Brewster Academy was creative in harnessing the power of particular alumni. The team reached out to its most active alums already using Community and solicited fun testimonials about the app. Through Community’s “Alumni Nearby” feature, one of Brewster’s alums had a powerful anecdote about a long-lost classmate who ended up living around the corner from him; now the two regularly have dinner together with their wives. The school shared this moving story via one of its e-newsletters.

In the end, Brewster Academy was able to add over 100 new users from July to September with these marketing efforts.

A big congratulations to Exeter, Choate, and Brewster for your great successes! Thanks for sharing your stories! Congratulations, too, to all of you who worked so hard to consistently and creatively promote your app throughout the challenge at your respective institutions.

Keep it up and please reach out to your Relationship Manager if you have any questions or want to share your story!

Related Content:



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.

$
6.0%
0%12%
4.0%
2%7%
3.0%
0%8%
10
5 yrs25 yrs

Value in 10 years

$0

In today's dollars

$0

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.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x