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How to Get Your Alumni and Students on LinkedIn

LinkedIn is a tremendous tool as we work to strengthen and grow our alumni network at Longwood University. It’s a platform where our alumni can not only connect with each other, but also endorse and recommend one another.

Because of this, one of our primary goals as an alumni office is to get as many Longwood constituents as possible using LinkedIn on a regular basis. We’ve gone about this in a couple of different ways; below are some of the tactics we use to demonstrate the value of LinkedIn to alumni and students.

Encouraging Alumni to Network on LinkedIn 

As with any university, many of our alumni are natural networkers who actively use LinkedIn. On the other hand, plenty of our alumni don’t yet see how LinkedIn can benefit you personally and professionally, as well as enhance the Longwood alumni base as a whole.

With alumni, we do a couple of things to get them into the LinkedIn ecosystem. The first is showing them the power of the “Find Alumni” tool, which is located in the “My Network” drop-down on your home screen.

 

This is an incredible feature for job seekers, networkers, and people just looking to better understand their fellow alumni. When you click through to the page, you can see where alumni are living, what companies they’re working at, and what types of jobs they have. If a Longwood alum tells us that he or she is moving to a new area, one of the first things we do is send over a screencast of how the “Find Alumni” tool works.

We’ve also incorporated LinkedIn into our “1 Hour a Month” volunteer program. Two of our volunteer bundles—”The Connector” and “The Head Hunter”—encourage alumni to spend 15 to 30 minutes a month on LinkedIn. They can endorse fellow Lancers, write brief recommendations on their peers’ profiles, suggest jobs at their company, and grow their connections using the “Find Alumni” tool. It’s a quick and easy way to add value to our overall network while also helping alumni enhance their personal networks.

Introducing Students to the Power of LinkedIn

For students, we take a slightly different approach. We’ve developed a program that fosters their relationship with LinkedIn across their four-year journey at Longwood.

 

 

To introduce them to LinkedIn, we hold conversations at “lunch and learns,” at group meetings, as part of classroom programming, and of course, one-on-one. The idea is to familiarize them with LinkedIn and to demonstrate the value it can have across their college years and beyond. We encourage them to start connecting with their classmates now, as those can turn into beneficial professional connections down the road.

From there, we take them on a journey so that by their junior and senior years, they’re using LinkedIn and the “Find Alumni” tool to find great internships and set up informational interviews that open the door professionally after graduation.

Bonus: LinkedIn-Themed Events

This year, we also had the pleasure of hosting high-profile speakers and LinkedIn advocates on campus for a series of events that we call The Real World Chronicles and Career Chats Live. The Real World Chronicles was a lecture-style series geared towards students.

 

The event featured J.T. O’Donnell, CEO and founder of CAREERALISM & CareerHMO, and John Hill, network catalyst at Techstars, who presented on the value of networking to all of the students in attendance. The speakers also sat down with us for a podcast recording, held a digital lecture for alumni who couldn’t be on campus for the event, and met with individual students for LinkedIn profile reviews and networking tips.

The response to this program has been so positive that we’ll be hosting a LinkedIn Influencers Week this summer in which four high-profile Influencers will hold digital conversations about LinkedIn and the importance of networking.

Needless to say, here at Longwood we’re “all in” on LinkedIn. We know it’s an incredibly powerful tool for both our alumni relations office and the university community as we work together to build the Longwood Network.

Thinking about creating a LinkedIn group for alumni? Check out this post for some helpful guidelines.  

Parks Smith is the director of alumni relations and a 2008 graduate of Longwood University. You can follow Parks on LinkedIn or on his Twitter @RVAparks.

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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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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