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Top 6 Reasons to Focus on Recurring Donations for Nonprofits

Nonprofit Tech for Good

When you combine this higher annual giving level with the fact that monthly donors have much higher retention rates, you can begin to see why monthly donations are important. Discover more statistics on recurring donors and their preferences in the State of Modern Philanthropy 2022. 2) Easy and Effective For Nonprofits and Donors.

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How To Recruit New Members for Your Association on Social Media

Nonprofit Tech for Good

6) Use video and live streaming for storytelling. If you want to take your videos to the next level, you might want to consider live streaming. You’ll also be able to see the responses you’re receiving and make adjustments during the stream, to offer a better experience. Run competitions and giveaways. Source: Dreamgrow.

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Multi-Year Gift Agreements: Your Donor Retention ‘Ace-In-The-Hole’

Bloomerang

Personal acknowledgments, impact reporting, and a strong monthly giving program are some of the cornerstones to a high donor retention rate. But there’s one unsung strategy that can elevate your donor retention rates, while expanding mid-level and major giving: multi-year gift agreements. Let us know in the comments below!

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Let Data Drive Your Decisions

Bloomerang

Analyzing your data may require pulling information from multiple sources and seeing what can be learned using descriptive and inferential statistics. Total amount raised minus total fundraising expenses Dependency quotient encourages nonprofits to diversify their funding streams. What kind of performance matters to your organization?

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10 Tips for Better Grant Management Processes

sgEngage

In addition to the financial reporting requirements that grant recipients must meet, funders also expect statistical data that can demonstrate outcomes and effectiveness of program delivery, such as the number of meals served, people reached, or employees trained. Adopt a robust fund accounting system.

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6 Strategies to Boost Donation Revenue for Your Nonprofit

Get Fully Funded

As you incorporate these tips, work at fostering genuine supporter relationships, and strategize ways to improve the donor experience, you can generate more reliable revenue streams over time. Building relationships with all of your supporters can strengthen your donor retention rate and help your nonprofit raise more funds over time.

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End-of-Year Fundraising & Matching Gifts: It’s Not Too Late!

Double the Donation

Ready to dive deeper into fundraising research and learn more about matching gift software, strategic donor appeals, retroactive outreach, and automated email streams? Let’s take a closer look at some statistics that help illustrate the power of both year-end fundraising and matching gifts. Let’s get started! The moral of this story?

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