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Why You Should Do A Cost-Benefit Analysis Before Throwing Your Next Nonprofit Fundraising Event

Bloomerang

After all, it’s easier to sell tickets than ask for a gift. . The importance of a cost-benefit analysis for your fundraising strategies. James Greenfield is the guru of fundraising cost-benefit analysis. If people barely know you exist, it’s too soon to ask for a big gift. A donor makes a $300 gift.

Analysis 136
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Mastering Next Year’s Budget With Revenue Projections and Donor Attrition Analysis

Neon CRM

Understanding Revenue Projections When a nonprofit is putting together a budget for the coming year, an important step is to perform a revenue projections analysis that can inform the expected amount of income used for operational expenses and deepen mission impact. to project what your costs will be for the coming year.

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Helpful Ways to Measure and Optimize Your Nonprofit’s Performance

sgEngage

Data analysis tools are helping organizations of all sizes to automate, streamline, and standardize processes so they can measure and optimize performance. It) has helped me identify the correct constituents to place into gift officer portfolios,” she said. That’s where technology can make a real impact.

Measure 97
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12 Ways to Use ChatGPT and Other AI Tools for Fundraising

Nonprofit Tech for Good

Whether you’re trying to identify your next major gift donor, prevent donor lapse, or uncover new giving opportunities, predictive analytics is key. 4) Text and Sentiment Analysis Text and sentiment analysis is the process of identifying and analyzing information from text.

Tools 359
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5 Key Differentiators to Look for in Your Nonprofit CRM

Nonprofit Tech for Good

By StratusLIVE (Sponsored Post). Does the platform provide powerful tools for data analysis, insight and built-in reporting for nonprofit metrics? Does it allow donor wealth screening to assist Major Gift Officers? Nonprofits are doing important work every day that impacts lives and makes our world even better.

Metrics 262
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Major Gifts: Defining and Enhancing Your Strategy

Connection Cafe

Many organizations are embracing these coming-of-age fundraising strategies, but it may be to the detriment of what we’ve traditionally called “major gifts”. Benchmarking Major Gifts. Released in September, the 2017 Major Gifts Fundraising Benchmark Study (MGFBS), asked more than 600 organizations in the U.S.

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Workplace Giving Software: What Nonprofits Need to Know

Nonprofits Source

Workplace giving software is any digital platform that enables corporate giving programs , such as matching gifts, volunteer grants, and corporate volunteerism. Nonprofits can invest in software that enables donors to take advantage of their employers’ workplace giving programs, such as matching gift software. Benefits breakdown.