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The Role Of Tax Summaries In Nonprofit Donor Stewardship

Bloomerang

While delivering year-end donation tax summaries to donors before January 31st is a crucial part of your role, it’s not just a compliance step—it’s a golden opportunity to reconnect and thank your donors for their contributions and remind them of their incredible impact through your mission.

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Understanding the Psychology of Why Donors Give to Nonprofits

Nonprofit Tech for Good

When you think of why your nonprofit’s donors support your organizations, do you expect each of their motivations to be the same? Their outreach messaging is cohesive, but doesn’t speak to the interests, needs, and experiences of supporters who have a different reason for donating. What has Research Shown About Why Donors Give?

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professionals

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Turning Tax Season Tears Into Cheers: Your Chance To Cultivate Donors

Bloomerang

As 2023 has drawn to a close, tax season looms on the horizon, and we nonprofits gear up for a unique opportunity—issuing tax summaries to our donors. Bloomerang refers to them as tax summaries—which they are—but they also summarize each donor’s cumulative giving. What are tax summaries? Allow me to explain.

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Empower donors with a personalized portal

Bloomerang

Create a donor experience that strengthens supporter relationships. According to the Association of Fundraising Professionals, the average donor retention rate in the U.S. As nonprofits work on strengthening donor relationships to improve retention, there has been an increased focus on the donor experience.

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3 Ways to Make the Most of Non-Cash Giving

Nonprofit Tech for Good

Another $250 billion sitting in Donor Advised Funds, just waiting to be distributed. Here’s a quick overview of each: 1) Donor Advised Funds There are about 1.3 Today, the playing field has been leveled and all donors can gift stock with ease in minutes with solutions offered by DonateStock. That’s a big piggy bank.

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8 Artificial Intelligence Concepts & Terms for Nonprofits

Nonprofit Tech for Good

Improved Fundraising: AI-powered analytics can identify potential donors and personalize outreach strategies, leading to increased donations. Efficient Operations: Automation through AI streamlines repetitive tasks, allowing nonprofits to focus more on their mission-driven work.

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How to Retain Your Year-End Donors

Neon CRM

You may be balancing your final push to reach your fundraising goal with event planning, donor meetings, board meetings, and planning for the new year—and that list doesn’t include all the things you do outside of work, either. That’s why it’s essential to have a donor retention plan in place. Let’s take a look.

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