What can you learn from a no?
Lucy Stone
Fundraising Consultant | Trusts & Foundations | Income Diversification | Relationship Management | Supported organisations to raise £97 mill | Art/ Culture/ Music | Brighton & Hove, Sussex
First of all I am really sorry that you did not get the vital funding you need for your organisation and your work. We know that there is not enough funding which makes the process competitive.
In normal times Trust Fundraisers are aiming for 1 in 10 success rate so that is nine nos for every yes! However, post covid people have been reporting a drop to 1 in 25.
We have to learn to build that resilience and understand that the rejection is not personal. It has taken me a long time to learn that. Even though my success rate is generally a 1 in 3 I still get knocked back more than I don’t. Moving on is key as you need to have the energy for the next one.
So, you didn’t get the funding – now what? What do you need to be thinking about, reflecting on and planning to do next??
Looking after yourself
People are feeling the pressure more now than ever before. Are you taking care of yourself?
Please take a look at my article about mental health here – ‘How are you? – Caring for Mental Health’
What kind of ‘no’ was it?
=mc directors Clare Segal and Bernard Ross in their book The Influential Fundraiser (Wiley 2010) outlined the 9 different ways in which donors say ‘No’ and how to respond.
The nine fundraising Nos are:
Find out more here
Can you ask for feedback?
Feedback is vital to understand the reason that you were turned down so if it has not been offered with the rejection – ask for it.?
If the funder doesn’t have capacity to give feedback they will let you know but I can’t stress enough how important it is to ask!
Whatever they say about offering feedback, thank them.?
When you get feedback try to look at it objectively.
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What did you learn in the process?
No funding application is a complete waste of time because you learn about you and the funder.?
To develop we need to learn.
Every bid?
What could you do differently next time?
It is important not to regret what you did not do in the application but to ensure that you apply what you know now to the next application or set of bids.
Use your energy to move forward.
Ask yourself
Does your case for support need a refresh? Please get in touch for me FREE Case For Support Canvas at [email protected].
Are there other funders out there for you?
Fundraisers often re-purpose their applications for other funders so can you think about applying to other trusts, foundations or lottery sources for this or similar work?
Check out my article – Find the best funders for you for FREE here
Final Thoughts
?I want to come back to your mental health. As someone who has had mental health issues in the past I can not stress enough how important I think it is to look after yourself and get support.?
Please take a look at my article about mental health here – How are you? – Caring for Mental Health here
Article also published on my website here - take a look for more blogs and articles
Business Development Manager || Solidaridad
4 个月Thank you Lucy Stone for these reflection questions! I would add, "Was this the right opportunity to pursue?" If the answer is yes, then this helps you to accept rejections as part of the fundraising process. It reinforces that you targeted the right opportunity, but perhaps faced stiff competition. If the answer is no, then it emphasizes the importance of a strong decision-making process for future opportunities. This helps you filter out applications that might not be a good fit.
Entrepreneurial Partner | Co-Founder @yourmiddlelink | NED, Fractional Executive | Board Member/Trustee | Venture building & brokering opportunities with ambitious people in Business.
2 年You’re wonderful Lucy! ?? great article.
Co-Founder at Wolo Foundation Charity (weonlyliveonce) Dad to 3 kids and husband to - a 'cancer survivor’ Designer + Fundraiser + Storyteller + Mentor + Mental Health Activist + Run for fun
2 年Hannah Jarvis
CEO at Ealing Mencap
2 年Really excellent article Lucy Stone - as are all the other ones that you've provided links for within it! Thank you!
Experienced worker in the Voluntary and Public Sectors
2 年A great article and very timely article Lucy Stone. Lots of really good advice. One of the key things which, as funder, we'd endorse is asking for feedback - we'll always provide it, and also to make use of the support which infrastructure organisations (Voluntary Actions) can provide to help with re-submissions etc. And we also run surgeries aimed at supporting new applicants and those who've been unsuccessful. Visit our website for more details - https://sussexgiving.org.uk/apply-for-grants/how-it-works/funding-advice/