The Modern Nonprofit

JULY 11, 2023

Estimated Reading Time: 4 minutes Keep Your Donors Coming Back: Effective Strategies for Nonprofit Donor Retention and Recurring Gifts Ever wondered how some nonprofits have a dedicated group of repeat donors while others are constantly chasing new ones? The secret lies in mastering donor retention and recurring gifts.

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NonProfit Hub

JUNE 12, 2020

Start boosting your donor retention rate by focusing on those who are just giving to your nonprofit for the first time. Why First-Time Donor Retention is Important. New donor retention plays a major role in your overall retention rate. This has a lot to do with the power behind a second donation.

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Retention Practice Donor Time 82

Nonprofit Tech for Good

APRIL 17, 2021

In business, customer retention is “big business.” ” High customer retention rates can help a company spend less on marketing, improve the overall lifetime value of a customer, and earn more referrals. Calculate your churn rate as Total # of Partner by Total Value of Partners.

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Help Retention Tips Template 269

Bloomerang

DECEMBER 19, 2023

That’s just the start—nonprofit software tools come in many varieties, offering support for marketing, event planning, form building, and much more. That means you likely won’t see the results—increased fundraising revenue, increased donor retention rate, increased average gift size—that you would likely see when using a paid solution.

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Software Free Tools Adobe 91

ASU Lodestar Center

JULY 21, 2022

The nonprofit sector is built on human resources (HR): the energy, efficiency and passion of its employees. Strategic human resources management (SHRM) is a fundamental factor in making the best use of these resources. But nonprofit leaders at all levels can still pursue SHRM systems, even with limited time and resources.

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Resource Management Attitude Oregon 97

Nonprofit Tech for Good

DECEMBER 2, 2023

Reflecting on the past success of your fundraising efforts while also learning about emerging fundraising trends can help you decide how to best allocate resources for the upcoming year. 1) AI in fundraising Fundraisers’ opinions on using AI tools in their work vary. Fundraisers can receive helpful cues from these intelligent tools.

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Trend Fundraising Digital Celebrate 294

Association Analytics

SEPTEMBER 13, 2023

Let’s dive into how learning analytics can drive engagement, improve course completion rates, identify gaps in learning programs, and optimize the learning experience. Example: Through a learner sentiment analysis, one association discovered that one of their courses consistently received low ratings due to challenging content delivery.

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Analytics Education Program Impact 169

Neon CRM

DECEMBER 6, 2023

That’s why it’s essential to have a donor retention plan in place. You’ll spend a great deal of time and resources reaching new supporters. Having a donor retention strategy in place to retain year-end donors is the best way to get a good return on the investment you put into acquiring them. Let’s take a look.

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Nimble AMS

APRIL 11, 2024

Provide access to resources and tools Boost volunteer engagement by offering volunteer resources and tools in your online community. Your online community platform should be your member volunteers’ go-to resource for all sorts of pertinent information about your volunteer program.

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Volunteer Program Community Online 114

Bloomerang

JUNE 3, 2024

Small nonprofits face even more challenges when it comes to securing funding in comparison to larger organizations—from low donor retention rates to limited resources to an overall lack of unrestricted funding. Use online fundraising tools. Your relationship with the board is critical. Launch social media campaigns.

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Arts Culture Fundraising Nonprofit 71

Association Analytics

FEBRUARY 20, 2024

When you’re working with limited resources it can be a struggle to both get new people in the door and then keep them there once you do. Target new audiences – We focus on member experience, satisfaction, and retention, but what about the more tangential groups we touch as an organization? What’s slowing these association’s down?

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Create Strategy Associations Registration 169

Association Analytics

MARCH 13, 2024

Since his activity is newer and more consistent, his engagement score is rated higher than Lynne’s. As with other data processes, and depending on your association’s needs and resources, you might want to consider monthly, quarterly, and annual reviews. Do you want to improve retention numbers? Set a member engagement goal.

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Analytics Associations Model Metrics 169

Bloomerang

JUNE 5, 2024

Equip your new board members with the knowledge, resources, and connections they need to succeed from day one. Adopt technologies that simplify collaboration and enhance communication , like board portals or other real-time tools. Offer mentorship and resources that help them grow into their roles. Provide the right tools.

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Director Guide Metrics Nonprofit 74

sgEngage

MARCH 15, 2024

Then, guided by those goals, use effective data collection tools, measure outcomes, implement improvement strategies, and promote transparency. Data analysis tools are helping organizations of all sizes to automate, streamline, and standardize processes so they can measure and optimize performance.

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Measure Help Analysis Metrics 95

Bloomerang

JUNE 6, 2024

Celebrating contributions: How recognition fuels donor retention Recognition matters. Boosting outcomes with an all-in-one platform OR Enhancing emotional connections with an all-in-one giving platform Modern platforms like Bloomerang are not just tools; they’re catalysts for emotional engagement.

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Neon CRM

DECEMBER 14, 2023

It means that where your organization puts its time, energy, and resources is a direct expression of the things it values. Lastly, factor in your donor retention rate so you can anticipate the number of new donors you’ll need to acquire in order to meet or exceed this year’s revenue total. What does that mean? Let’s do it!”

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Analysis Project Donor Retention 52

Qgiv

JANUARY 8, 2024

With the right AI tools, you can analyze donor data, predict giving patterns, and provide personalized resources without breaking a sweat. This versatile tool can generate text, translate languages, create diverse forms of creative content, and more. It can also help fundraisers strategize and come up with new fundraising ideas!

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Trend Raise Tools Tips 52

Nonprofit Tech for Good

APRIL 20, 2020

By Dana Bakich , founder and CEO of Positive Equation – a digital consultancy focused on equipping nonprofits with the tools and resources to build impactful digital strategies. Your average audience retention rate and engagement is substantially higher. 82% prefer live video over traditional social posts. .

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Bloomerang

FEBRUARY 1, 2023

With so many tools out there to choose from, your opportunities for customizing your organization’s tech stack are virtually limitless, especially when it comes to fundraising apps. This helps you monitor your progress with various campaigns, your donor retention rate, and other metrics that are important to your fundraising success.

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Org Raise Tools Help 85

CauseVox

MAY 28, 2023

Don’t miss out on this power-packed event to gain insider knowledge and practical tools that will supercharge your major gift fundraising efforts. Develop a solid stewardship framework for building lasting donor relationships and boosting retention rates.

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Arts Gift Retention Game 79

NonProfit Hub

DECEMBER 13, 2019

This means that your nonprofit must first master the art of effective donor retention. . There are several reasons donor retention is so important for nonprofits: First, it’s much less expensive to ask a donor to give again than to perform enough outreach to acquire a new donor. . On average, the recapture rate for lapsed donors is 5%.

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Retention Effective Donor Strategy 56

Forj

AUGUST 12, 2021

Did you know that 47% of HR professionals have said that retention is the top talent management challenge they face, closely followed by recruitment at 36%? In the broadest sense, employee retention depends on a combination of factors, including work-life balance, benefits, compensation, development and learning opportunities , and more.

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Retention Tips Training Train 36

Volunteer Hub

FEBRUARY 9, 2022

According to a recent retention report , published by the Work Institute, the voluntary turnover rate for nonprofits is around 27 percent. The same report claims that if this trend continues, the voluntary turnover rate for nonprofits could reach 35 percent by 2023. If not addressed, this can lead to turnover.

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Qgiv

MARCH 14, 2023

They are: Donor retention Leveraging technology Economic uncertainty Fundraising events Donor communication and engagement 1. Donor Retention Donor retention as a metric has gained traction since 2001 when Adrian Sargeant published the first academic research on the financial impact of increased donor retention.

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Challenge Retention Nonprofit Tennessee 98

Nonprofit Tech for Good

FEBRUARY 12, 2021

By Kelly Pullin , Marketing Manager at RoundUp App – the nation’s largest tool for rounded up donations, giving nonprofits across the country a new stream of recurring giving. But a lack of access to new technology or the resources it takes to set up and maintain these programs is a barrier for many nonprofits.

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Effective Fundraising Nonprofit Channel 278

Bloomerang

DECEMBER 2, 2021

“Giving Tuesday fundraising results in 2021 were largely driven by the recent release of a new suite of online fundraising tools and Bloomerang Payments , our best-in-class payment processor,” said Ann Fellman, CMO of Bloomerang. Additional Resources: Learn more about Bloomerang’s Online Fundraising Tools.

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Raise United States Giving Classes 107

Nonprofit Tech for Good

NOVEMBER 15, 2019

I have worked with many clients who opt against a CRM, preferring to keep track of donors in an excel spreadsheet or through Quickbooks, but these baseline tools don’t offer the functionality to track these relationships. They also appear to have higher conversion rates of web traffic into contributions.

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Relationship Software Management Pledge 231

sgEngage

JANUARY 17, 2023

The latest resource from the Blackbaud Institute, Development Plan Toolkit: Your Three-Step Guide to Strategic Fundraising offers a pathway to reaching and retaining major donors: Step 1: Reflect on successes and opportunities. Tools for Success.

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VQ Strategies

MARCH 22, 2021

Volunteer engagement has been evolving for years, but due to the COVID-19 pandemic, organizations were forced to accelerate change at an unprecedented rate. Meanwhile, with so many long-time volunteers taking time off from active volunteering for safety reasons, organizations are also challenged to redefine what retention means.

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Volunteer Retention Policy Virtual 98

Bloomerang

MARCH 4, 2024

Manage financial planning: Keep a pulse on your finances to streamline budgeting, forecasting, and resource allocation for sustainable growth and stability. Implement donor retention strategies: Uncover insights on retention rates to strengthen donor loyalty and reduce donor attrition. Kacey Edmondson, Donor Dev.

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Report Effective Fundraising Template 64

Bloomerang

FEBRUARY 8, 2022

One way to set your organization up for success is to educate your fundraisers and provide them with the resources they need to create an engaging donation page and make effective appeals. To encourage social sharing, you’ll also want to provide them with sample posts and any resources (videos, etc.) Prepare your fundraisers.

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Hosting Practice Fundraising Retention 120

Qgiv

OCTOBER 11, 2023

If you, your team, senior leadership, and your governing board want to understand how successful you’ve really been, you (and they) need to know about the tools, resources, and support you have provided to your fundraising team—including contractors and volunteers. Has your donor retention rate increased, decreased, or remained flat?

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Measure Business Retention Profile 52

Association Analytics

NOVEMBER 16, 2021

Some examples to consider: What are the main drivers of member retention? You can also use this as a great onboarding tool to educate new employees on company data. Try starting with membership data like the number of new members or your retention rate because your colleagues are used to seeing this type of data.

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Analytics Data Beginner Associations 169

Nimble AMS

MAY 25, 2022

An AMS is an invaluable tool to optimize your operations and boost member recruitment and retention. . Become a career resource for professionals by mapping career paths for various roles in your industry. Become a career resource for professionals by mapping career paths for various roles in your industry.

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Associations Technology Adopt Industry 129

Candid

AUGUST 18, 2021

It’s been a big buzzword for years now, but AI has moved beyond buzzword status—it’s an accessible and increasingly common tool for nonprofits. The most user-friendly AI tools will provide these insights in the form of predictive scores and rank metrics. Reduced overhead costs of broad fundraising outreach.

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Course Fundraising Analysis Mail 128

Bloomerang

NOVEMBER 10, 2023

7 steps to start a major gift program Major gift fundraising tools Let’s start by reviewing the basics of what these key donations are. Therefore, one of the best ways to encourage donors to make major gifts is by building relationships with supporters and focusing on donor retention and stewardship. What is a major gift?

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Gift Raise Guide Relationship 103

Qgiv

NOVEMBER 2, 2023

Fundraising automation saves your nonprofit valuable time and resources by streamlining time-consuming tasks, so you can devote more to time advancing your mission and raising more money. The ability to cut the number of man-hours it takes to complete a task can save a lot of resources. Another perk is increased revenue.

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