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How to Drive High Donor Retention Rates with Text Messaging

Achieve

However, with the average donor retention rate sitting around 45%, many nonprofits struggle to sustain newly acquired donors’ support. In this guide, we’ll cover four best practices to increase your donor retention rate with text messaging. In no time at all, you’ll have a loyal donor pool you can count on year-round!

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3 Tips to Help Your Nonprofit Steward Corporate Partners

Nonprofit Tech for Good

Stellar stewardship can deepen your relationship with your partners and help build trust in your area of expertise that in turn translates to positive funds for your mission. We’ve borrowed basic business principles to help you steward your partners like a boss ! In business, customer retention is “big business.”

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How and Why to Track Your Donor Acquisition Rate

Neon CRM

If you do, you’ll probably want to track your donor acquisition rate. It’s an important metric that will help you gauge how effectively you’re engaging new supporters, and it can also give you insight into which of your fundraising and marketing campaigns are most effective. Why Track Your Donor Acquisition Rate?

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5 Common Questions About Calculating Your Nonprofit’s Indirect Cost Rates

sgEngage

Indirect costs can be confusing because there is conflicting information about indirect cost rates for nonprofits, what is considered an indirect cost, and how to calculate the costs. Below are five frequently asked questions related to indirect costs to help organizations identify how to calculate and allocate indirect costs.

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Helpful Ways to Measure and Optimize Your Nonprofit’s Performance

sgEngage

By applying these helpful ways to measure and optimize nonprofit performance, you can drive positive change for your organization. Data analysis tools are helping organizations of all sizes to automate, streamline, and standardize processes so they can measure and optimize performance. That’s where technology can make a real impact.

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ChatGPT Isn’t Ready for Prime Time, But an Upskilled Team Will Be

.orgSource

Some of that adaptation will require higher educational attainment, or spending more time on activities that require social and emotional skills, creativity, high-level cognitive capabilities, and other skills relatively hard to automate.” AIs still need more rehearsal before they are ready for prime time.

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Value of Volunteer Involvement… The good, the bad, and the “time” to move on

VQ Strategies

This week, the much anticipated annual announcement of the updated Value of Volunteer Time was announced by Independent Sector and, drumroll please, the national value for 2023 reporting is $33.49, a 5% increase over the 2022 value. You can read the full report for national and state-by-state data. Is it merely volume?