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« Growing Up Online | Main | Forecast for the Next 25 Years »

Social Networks and Fundraising

Non Profit organizations are being drawn towards large social networking sites at a rapid pace, due in large part to the density of potential volunteers. One of the organizations looking to recruit new donors is the International Humanitarian Foundation. The group recently launched the $10/1000 campaign focusing on attracting 1000 new donors at $10. "Social networking has the power to effect change in our world. We can reach the people we know will be interested in our work in a viral manner," said IHF President Amish Parashar.

Part of the allure continues to be massive scope and size of these spaces, but no one has really tried to quantify the quality for specific actions. There have been no research studies that I have seen that help fund raisers better understand conversion rates in social networks, and ROI for each fund raised dollar. IHF suspects tha the overwhelming majority of new donors will be 1 to 3 degrees away from existing IHF volunteer, which speaks to the assumption that the web technology allows for stronger reach across weaker ties but we still do not know how strong or how far that reach can go.

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