The benefits of virtual galas are undeniable. But, there are trade-offs as well. Many donors, for example, miss the communal feeling of everyone coming together at an in-person gala to help a dear cause. Fortunately, there’s a way to reap the benefits of virtual event without the trade-offs: the hybrid fundraiser. In this post, you’ll learn what […]
There is no doubt that you have been affected by COVID-19 both at home and work. However, your organization’s work needs to continue, so what does that look like in terms of fundraising and sustaining operations? The travel and events industries have been some of the hardest-hit groups, causing a standstill as public health regulations halt travel […]
Two economists, Paul R. Milgrom and Robert B. Wilson, won the Nobel in economic science on Monday for improvements to auction theory and inventions of new auction formats. At TravelPledge, we are quite excited about auction theory getting so much attention in the news! We looked at a few of Milgrom and Wilson’s findings to see how […]
Charity auction organizers know the importance of connecting with generous businesses to find silent auction items. However, it’s cumbersome to write hundreds of online donation request letters (not to mention the cold-calling) hoping enough generous business owners say “yes.” How do you make your charity auction stand out when requesting donations? In this post, we cover the […]
Earlier this year, society came to a halt as COVID-19 spread to all corners of the globe. For nonprofits, this meant finding digital alternatives to their donor engagement activities in order to keep their doors open during this uncertain time. Even though the pandemic has turned society upside down, nonprofit fundraising doesn’t stop for anything. Thanks to […]
The most important thing for a virtual gala fundraiser is not the scripting, the video, the hosts or the auction items. The most important thing is getting people to tune in, ready to open their wallets. In this post, I’m going to show you how to achieve just that using “living room captains.” What Is a Living […]
Despite the virtual gala being the “plan B” for many nonprofits in 2020, many organizers have realized that their net donations are increased by going virtual! Since their virtual gala was less expensive to throw, the decreased revenue from ticket sales was more than offset by the lower costs. But just how much does it cost to […]
It’s the night of your big fundraiser. The money raised will define your ability to execute your mission and impact the lives of the communities you serve in a positive way. Your organization has planned every detail. Everything is running smoothly. You’ve come to the point in the night when you will ask your donors (don’t call […]
The pandemic has forced thousands of nonprofits to cancel their in-person galas and stream a virtual gala online instead. However, the thought of producing a live gala on camera makes many organizers nervous. Here’s a little secret: the vast majority of virtual galas are pre-recorded. In this post, I’ll share why it’s A-OK to skip the stress […]
Thousands of nonprofits are realizing the benefits of virtual galas. Virtual galas engage new donors, save event costs on food, staff and venue, and ultimately deliver donations that meet or exceed that of in-person events. We’ve surveyed benefit auctioneers and consultants to put together their list of top tips for your virtual gala. 1. Invite everyone Unlike […]
