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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Retention Gift Donor Effective 75

TechImpact

JUNE 3, 2014

The technical terms “data mining” and “predictive modeling” are really just industry terms words for “gather information” and “educated guessing.”. Here are 5 simple steps you can take today to start benefiting immediately from collecting better donor data, and more of it. Analyze that data. Image courtesy of CRW Connect.

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Data Donor Retention Demographics 215

Bloomerang

MAY 8, 2023

Segmentation creates a personalized experience for constituents and impacts donor retention. Bloomerang’s Groups feature makes it easy for you to effectively organize, understand, and act on your data. Use the data from Groups to set goals and develop a personalized plan for each segment. Breakdown based on gender and age.

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Group Action Data Donor 80

DNL OmniMedia

APRIL 1, 2024

Nonprofits collect and generate vast amounts of data, ranging from individual donors’ contact information to program outcomes, but they often struggle with organizing and utilizing the information effectively. This is why data warehouses can have such a significant impact on nonprofits. We’ll cover: What is a Nonprofit Data Warehouse?

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Data Guide Proposal Nonprofit 52

Bloomerang

MAY 15, 2023

The data in your CRM can help you raise more money, improve your donor retention, and even attract new supporters to your cause. Here are three top ways to get the most out of the data you already have. As you look at your data, you’ll find trends that help you create your journeys and measure the success of those interactions.

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Data Gift Relationship Interaction 92

Nucleus

DECEMBER 11, 2020

In 2019, Terry and TEI decided to use advanced data analytics to help reach organizational goals and they selected the Nucleus solution to do this. In sharing his experiences and recommendations, he writes: “I hope to help somebody out there – we were making decisions that were not necessarily data driven.

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Analytics Associations Data Chapter 130

Volunteer Hub

MAY 18, 2023

A study by the Corporation for National and Community Service found that nonprofits that regularly use volunteer surveys are more likely to have higher volunteer retention rates. Do you have any ideas for expanding our volunteer base or reaching new demographics?

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Survey Volunteer Impact Data 72

Association Analytics

AUGUST 15, 2022

You may not realize it, but you are sitting on a treasure trove of data in your AMS. Your AMS focuses more on current and past data, however with analytics, you can use this data, and data from your other source systems, to be more forward-thinking. What are real-time trends and demographics of our meeting registrants?

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Analytics Associations Demographics Picture 169

Association Analytics

SEPTEMBER 13, 2023

While enrollment numbers and completion rates provide surface-level insights, digging into learner behavior and demographics can uncover more valuable information like which courses hold the most value for which learners and the factors contributing to their success.

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Analytics Education Program Impact 169

Candid

AUGUST 30, 2023

As we experience an ongoing shift toward equity-centered grantmaking, some foundations are seeking demographic data on their grantees and nonprofit communities to track, measure, and make informed decisions about the diversity within their grantmaking portfolios. New technology Hands up: Who knew anything about generative AI last year?

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Trend Demographics Philanthropy Generation 98

CauseVox

MARCH 1, 2024

This involves looking at demographics, motivations, and preferences. This ultimately results in better donor acquisition as well as stronger, more genuine partnerships with greater retention. There are so many tools available to us in this day and age to access some really meaningful data about our current donor base.

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Audience Donor Survey Demographics 82

M+R

MARCH 19, 2021

Delivering a supporter-intuitive direct response program today shouldn’t rely on gut instincts, staff opinions, and stereotypes—especially when organizations have the ability to rely on a combination of behavioral data and enhanced demographics. Want to know more?

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Audience Data Profile Demographics 63

3rd Sector Labs

MAY 14, 2014

Fundraising data analytics is becoming more popular – and more necessary in today’s philanthropy marketplace. Admittedly, for many of us in the sector, the very mention of ‘data analytics’ sounds intimidating. ” What is fundraising data analytics? Why is fundraising data analytics important?

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Analytics Data Fundraising Database 170

Allegiance Group

APRIL 15, 2024

It starts with a detailed analysis of your donor base, including average gift size, retention rates, and cost per acquired donor. What is the difference between donor acquisition and retention? Donor retention is how many donors continue to support your organization year over year. While different, these concepts are related.

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Fund Donor Strategy Search 52

Nonprofit Tech for Good

APRIL 2, 2023

By Meredith Gray , Head of Marketing at Keela – a complete software solution for nonprofits looking to grow revenue, centralize and manage data, and deepen donor engagement. 4) Stewarding and Engaging Donors One of the best things about ChatGPT is its ability to assist with donor stewardship, which is critical to boost donor retention.

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Tools Fundraising Analytics Analysis 361

Achieve

JUNE 1, 2023

Let’s review three strategies for analyzing your donor giving patterns to create a data-driven fundraising and marketing strategy: Identify popular times of the year for giving. Review your donor demographics. Review your donor demographics. How can you make those options more accessible for each demographic?

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Donation Donor Giving Demographics 52

sgEngage

MAY 27, 2021

When you start GivingTuesday planning early, you can devote time to crafting a data-driven, evidence-based fundraising strategy with a better chance of success. Key fundraising metrics like donor retention rate, donation frequency, and fundraising return on investment (ROI). Demographic and personal information.

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Giving Retention Metrics Demographics 119

Nimble AMS

NOVEMBER 30, 2022

Each year your association rush es to collect last-minute data to keep your members and stakeholders updated on your accomplishments. User-friendly reports and dashboards Choosing an AMS ensures your data will be in one location , not spread across multiple systems or spreadsheets. What is your membership retention rate? .

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Report Tips Associations Advocacy 107

sgEngage

APRIL 10, 2023

Thanksgiving holiday each year, meaning that nonprofits have almost an entire year to analyze their data from this past Giving Tuesday and start planning for 2023. When you start Giving Tuesday planning early, you can devote time to crafting a data-driven, evidence-based fundraising strategy based on previous campaigns.

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Demographics Retention Donor Research 72

Greater Giving

SEPTEMBER 12, 2023

Begin by defining AI for non-technical team members, explaining that it can perform tasks that typically require human intelligence, such as learning from data, making predictions, or recognizing patterns. By analyzing historical data, AI models can anticipate future donor behavior and identify potentially valuable fundraising opportunities.

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Team Tips Fundraising Training 98

Charity Village

MARCH 3, 2023

The Canadian Nonprofit Sector Salary & Benefits Report Infographic highlights key data points from the report. Get detailed salary information relevant to your organizational size, and region.

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Benefit Report Demographics Nonprofit 99

The Modern Nonprofit

MARCH 26, 2024

Segmenting new donors based on demographics, interests and preferred channels can enable more personalized outreach. Tracking open and click-through rates for each segment provides data to refine messaging. Compared to one-time emergency donors, monthly donors have much higher retention rates and lifetime value.

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Support Donor Community Retention 52

sgEngage

JULY 15, 2023

Donor relation management is the process by which organizations organize donor data and maintain donor relationships to support a long-term donor infrastructure. Donor management consolidates and simplifies donor data and fundraising actions so team members can address organizational needs and steward new investors in the network.

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Management Donor Blackbaud Retention 52

Bloomerang

JANUARY 3, 2022

Looking at this data will help you make informed decisions and have an accurate picture of your organization’s health. . When you have all of your data and are ready to start evaluating it, look at these metrics : . Retention rate of last year’s campaign donors . Donor demographics . Targeting and segmentation .

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Evaluation Metrics Campaign Fundraising 109

Get Fully Funded

APRIL 4, 2024

Use the donor data in your nonprofit’s constituent relationship management system (CRM) to segment donors into groups based on shared characteristics and preferences. 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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Donation Strategy Nonprofit Gift 110

Bloomerang

AUGUST 30, 2021

The Fundraising Effectiveness Project (FEP) noted that while 2020 saw an overall increase in giving, that year’s donor retention rate dropped by 4.1 Per the FEP , donor retention rates (which have been falling at least since 2006, the first year of the FEP) continued to fall last year. drop from the 2019 rate of 45.4%. .

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Donor Giving Retention Gift 98

Allegiance Group

APRIL 15, 2024

The first step in creating any marketing campaign is to conduct preliminary research that investigates and explores data about your organization’s current audience and past campaigns. Analyzing your nonprofit’s data and industry trends can uncover insights about: Existing donors. Data comes in handy again at this step.

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Mail Fundraising Nonprofit Channel 52

Bloomerang

JULY 19, 2023

You’re able to see, for individual donors and for the organization overall, the number of asks made, gifts obtained, average size of major gifts and donor retention rate. You can access this data from year to year, so you can better determine where adjustments should be made. Do you serve K-12 students?

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Professional Leadership Develop Proposal 70

Qgiv

JUNE 6, 2023

Facebook allows you to target specific demographics for a minimum of one dollar a day. If your organization needs some extra help with events or day-to-day tasks, there are options to target a specific demographic to recruit new volunteers for your organization. Facebook Ads also allow your nonprofit to grow your donor base.

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Facebook Guide Demographics Nonprofit 86

.orgSource

JANUARY 22, 2024

That data turns what was once a narrow path into a two-way street. Digital transformation provides the systems and analytics to move beyond demographics and discover behavior. When we view data through the lens of empathy it becomes a powerful magnet for retention and growth. How do you put emotion into data?

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Life Digital Data Skills 221

ASU Lodestar Center

JUNE 15, 2022

However, if boards and upper management do not prioritize human capitol recruitment and retention with proper funding, then the result is often high turnover rates and lack of skilled leaders. Benefits like these can be the difference in recruiting and retention efforts, despite potential short falls elsewhere in the organization.

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Skills Colorado Retention Rate 52

Allegiance Group

FEBRUARY 14, 2023

From January to June 2022, the number of donors declined by 7%, and overall donor retention decreased by 4.2% Additionally, retention rates for first-time donors declined from 25.3% Adding wealth data to your prospect file will result in a more successful campaign. year over year. in 2016 to 19.3%

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Mail Donor Strategy Files 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. Tapping into this demographic is going to be crucial for fundraising, and your organization will need innovative and tech-savvy approaches. Make data-driven decisions.

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Trend Raise Tools Tips 52

Achieve

JULY 28, 2022

So how do you target these important demographics? . Of course, we’re not suggesting that your nonprofit only target one demographic. In addition to being user-friendly, text donations enable nonprofits to easily raise donor engagement and retention. . among your younger demographics, look no further than contactless payments.

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Process Donor Pledge Demographics 52

DipJar

NOVEMBER 15, 2022

You should be able to collect data for your impact metric in a timely manner and on a regular basis. . Collecting data can be time-consuming and expensive. Participant retention. Participant demographics. Volunteer retention. Collect Data Regularly. Data collection should be a frequent, ongoing process.

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Metrics Impact Guide Literacy 52

Bloomerang

MARCH 30, 2023

Keeping your volunteers happy, motivated, and engaged in your organization’s mission is a key part of longer-term volunteer retention and program success. When considering who your volunteers are, you need to collect necessary information from them like demographic information, skills, and qualifications. WHO are your volunteers?

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Volunteer Strategy Organization Metrics 91

Bloomerang

SEPTEMBER 4, 2018

According to Roger Craver in his book Retention Fundraising , “The average nonprofit has a 60-70% chance of getting additional gifts from current donors, a 20-40% chance from a lapsed donor and a 2% chance from a prospect.”. Let’s start with your data. Start with Your Data. Their customer retention rates dwarf ours.

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Donor Tips Retention Files 52