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.

Grow Your LinkedIn Alumni Group By 5PM Today

There are over 86,000 alumni groups on LinkedIn catering to traditional high school and college alumni groups and a wide range of corporate alumni, including McKinsey (7,800 members), Goldman Sachs (8,800 members), and Bain & Company (5,600 members).

Yet, most of these groups grow organically at a slow pace, and few count more than 20% of their global alumni population as members.

Over the last four years, Bowdoin College Alumni has grown to 3,100 members representing 17% of Bowdoin’s 18,000-person global alumni community. However, there are 8,500 Polar Bears on LinkedIn.

Why haven’t more than 35% of Bowdoin alumni on LinkedIn joined the group?

Bowdoin’s doing much better than most.

• 30% of Carnegie Mellon alumni on LinkedIn have joined Carnegie Mellon Alumni.
• 25% of Brown University alumni on LinkedIn have joined Brown Alumni Association.
• And while Princeton touts an industry-leading 60%+ alumni giving participation rate, only 12% of Princeton alumni on LinkedIn have joined Princeton University – Alumni Association.

Alumni LinkedIn Group Participation Rate

So what gives?

One of the challenges is that discovery of alumni groups is difficult amidst a sea of over one million LinkedIn groups.

But there is a very easy, FREE way to grow your LinkedIn group in just a few minutes. Here’s how:

Step 1 – Select Your Alumni Group

Step 2 – Select “Share group” (upper right) and click “Invite others”

Step 3 – Click “Upload File” and upload a .csv file including the First Name, Last Name and Email Address of your alumni

Step 4 – Ensure the file format uploaded correctly, and select “Finish Uploading”

Step 5 – Select “Send Invitations”

Step 6 – Watch your Group Grow!

If you try the steps above, please let us know what kind of uplift you see in your alumni group membership.

If you’re interested in learning more about how LinkedIn groups can help you engage your alumni community, please listen to the free webinar below, or send us an e-mail at marketing@evertrue.com.

Ever True!
Brent


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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5 yrs25 yrs

Value in 10 years

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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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