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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. How does my nonprofit organization get an approved indirect cost rate? the agency that provides it with the most funds).

Rate 89
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Membership Retention Rate: How Associations Can Retain More Members

Neon CRM

Membership retention rates for nonprofits vary widely. If you want to improve your membership retention rates, you need to nurture and build your member relationships consistently. What’s Affecting Your Membership Retention Rate? Your membership retention rate is the percentage of people who renew their memberships each year.

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Adopting Modern Payment Methods To Engage And Keep A New Generation Of Donors

Bloomerang

Venmo, with more than 80 million users , offers a familiar and trusted platform for next-gen donors, who donate at more than twice the rate of non-Venmo users. Gain valuable insights into your fundraising efforts by tracking funds raised through digital wallet transactions. Moreover, repeat donations can surge by 76% when using PayPal.

Method 57
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Five reasons you need text-to-give technology at your association

Nimble AMS

But has your association yet considered the financial potential of adopting text-to-give technology? Text messages have an average open rate of 98% , compared to the email open rate of 22%. Reasons why your organizations should adopt text-to-give technology . If not, you’ll want to. . What is text-to-give technology?

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Inspire Generosity with a Better Online Donation Form

sgEngage

By marrying design principles with insights from behavioral science, nonprofits can create more engaging and efficient donation platforms that enhance the donor experience and boost conversion rates. Data from early adopters illustrates the tangible benefits of a seamless checkout process. Think snow-capped peaks and meadows in bloom.

Donation 100
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How can nonprofits adopt social enterprise strategies to create sustainable revenue streams?

ASU Lodestar Center

Organizations that rely on donations and grants for funding are being forced to look at their revenue portfolios and determine whether their revenue streams will be sustainable in the foreseeable future. The pandemic has impacted unemployment rates, thereby limiting household income available for donations to charity.

Stream 52
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Move DEI Beyond Words

.orgSource

Revelio Labs’ 2023 report on the state of DEI and the impact of last year’s layoffs, found that DEI-focused roles “experienced a nearly 40% churn rate at companies engaged in layoffs, as compared to about 24% for non-DEI roles.” Many groups have adopted DEI as a strategic priority. Adopt a pay equity policy. Lack of resources.