article thumbnail

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

Bloomerang

Nonprofits who care about donor retention employ numerous strategies to keep their donors coming back year after year. Personal acknowledgments, impact reporting, and a strong monthly giving program are some of the cornerstones to a high donor retention rate. Savvy fundraisers have always kept donor retention top of mind.

article thumbnail

Retention Strategies for Different Types of Donors from Year End

Qgiv

Now is the time to build and refine your donor retention strategies to ensure that these year-end donors remain engaged and committed to your cause. Whether you launched a full-blown end-of-year campaign or didn’t send out appeals at all, the inherent generosity of the holidays inevitably attracted donors to your cause.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Donor Retention: Reasons to Keep Your Supporters Giving Year Round

Greater Giving

But as we kick off 2023 and look back at what worked well in 2022, an excellent tool for evaluating donor retention is to look at the donors that gave last year but unfortunately not this year (LYBUNT) and work on engaging them with new opportunities to give. ” TIP: How do you Calculate Donor Retention Rate?

article thumbnail

How to Improve Donor Retention

Allegiance Group

Donor retention is the second-highest concern for nonprofits, according to the 2022 CCS Philanthropy Pulse survey. What is donor retention? Donor retention measures how many donors continue to give to your organization. Understanding what may have encouraged the first and subsequent donations is key to understanding retention.

article thumbnail

4 Communications Strategy Tips for Donor Retention

sgEngage

One of the best methods to increase your donor retention is to leverage your overall communication strategies. But first, let’s compare how the major communication channels of direct mail versus digital communications play a role in donor retention. This is why focusing on impact is one of the best ways to increase donor retention.

article thumbnail

First-Time Donor Retention: 3 Nonprofit Best Practices

NonProfit Hub

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. Call your new donors. .

article thumbnail

Beyond Bronze, Silver, and Gold—Grow Success With Purpose

.orgSource

For example, you pay a membership fee to join an association and receive a long list of available products, like newsletters or certifications. Maybe your retention rate isn’t as high as you’d like, or your topline revenue isn’t where you want it to be. I would urge people to think about your just cause.