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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Allegiance Group

OCTOBER 3, 2022

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.

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Qgiv

SEPTEMBER 12, 2023

When launching the Sustainable Giving Report , Qgiv aimed to find solutions to some of the largest challenges fundraisers are facing today, such as the economy’s impact on philanthropy, overall donor numbers and donor retention declining, the Great Resignation, and more! switch up their retention strategies for recurring donors.

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Pamela Grow

JUNE 14, 2023

When you deliver an experience that makes donors feel good about contributing to your cause, you could see a significant increase in retention rates. Prioritizing donor retention will ultimately build a dedicated pool of supporters who will lend support any time you need it. Recognize impactful donors.

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Bloomerang

AUGUST 12, 2021

Do you know your organization’s donor retention rate? A chorus of voices have been beating the drum about the importance of donor retention through their research, in blogs, and in webinars—with stagnant results. . The Donor Retention Crisis—and Why It Matters. whereas the new donor retention rate was 19.3%.

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Bloomerang

JULY 7, 2022

Best Practices for Donor Acquisition and Retention Through Direct Mail. Sending a personalized, well-written appeal via direct mail can be one of the most impactful ways for schools to fundraise. The post Best Practices for Donor Acquisition and Retention Through Direct Mail appeared first on Bloomerang.

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NonProfit Hub

JUNE 12, 2020

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. Show the impact of donors’ contributions. . Showing Impact.

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Qgiv

AUGUST 26, 2021

Whether developing fundraising strategies, creating donor retention programs, launching humanitarian outreaches on the other side of the world, or implementing marketing and assimilation strategies to grow a local church, Darrell’s passion is to help clients achieve their goals and fulfill their mission. . What Is Donor Retention Rate?

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Nonprofit Tech for Good

APRIL 17, 2021

Sponsored Post by: Accelerist , a leader in social impact partnership technology, supporting hundreds of brands and charitable organizations in finding and growing their partnerships with each other. In business, customer retention is “big business.” May 18 Webinar: Steward Corporate Partners Like a Boss.

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Nonprofit Tech for Good

JULY 30, 2023

From showcasing outcomes through compelling stories to highlighting the transparency and accountability that donors, volunteers, and partners who share your vision seek, dedicated online brand management will invariably fuel and amplify the impact of your unique mission. Powerful storytelling is the key.

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Neon CRM

DECEMBER 6, 2023

That’s why it’s essential to have a donor retention plan in place. Having a donor retention strategy in place to retain year-end donors is the best way to get a good return on the investment you put into acquiring them. 114 ÷ 367) x 100 = 31, so they had a 31% donor retention rate. Let’s take a look.

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Volunteer Hub

MAY 18, 2023

In today’s ever-changing landscape of nonprofit organizations, effective volunteer management is crucial for achieving impactful and sustainable results. 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.

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Nonprofit Tech for Good

JULY 17, 2022

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. A recurring donation allows supporters to spread the financial impact of their giving across the entire year, lessening the acute financial effect.

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Nonprofit Tech for Good

DECEMBER 2, 2023

Keeping donors connected with the mission ensures the best possible donor retention rate for an organization. The Sustainable Giving Report covers this topic in depth and found that 75% of donors have had their finances negatively impacted by inflation but 80% of donors continue to donate!

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Qgiv

AUGUST 15, 2023

In the last three years, fundraisers have faced additional challenges such as the Great Resignation shaking up nonprofit teams, individual donor numbers declining, and *economic instability impacting donor giving habits. Nonprofits and the donors that support their crucial missions are no different.

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Qgiv

AUGUST 18, 2023

In the last three years, fundraisers have faced additional challenges such as the Great Resignation shaking up nonprofit teams, individual donor numbers declining, and *economic instability impacting donor giving habits. <![endif]--> Nonprofits and the donors that support their crucial missions are no different.

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Qgiv

JUNE 1, 2022

In this article, I’ll explain what micro donations are and how you can leverage small gifts to make a big difference. Plus, micro donors represent a huge opportunity for donor retention. Show Impact. Donors like to know how their gifts will make a difference. What Are Micro Donations, and Why Do They Matter?

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DipJar

NOVEMBER 15, 2022

Whether your nonprofit is working to improve volunteer management or the success of your community outreach programs, you’re likely considering the impact of your planned or existing actions. . In this guide, we’ll answer the most frequently asked questions about nonprofit impact metrics, including: . Why Are Impact Metrics Important?

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3rd Sector Labs

JUNE 17, 2014

Third Sector Labs recently co-hosted a donor retention webinar with Caity Craver , CEO of DonorTrends. The topic – “Donor Retention by the Numbers: Demystifying the Leaky Bucket” – focused on how to properly measure donor retention and then use that data to drive improved fundraising results.

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Bloomerang

FEBRUARY 13, 2023

Community Brands recently shared donor retention data that reinforced alarming trends that the nonprofit sector has been monitoring for a while. In their survey, they asked nonprofits what their current donor retention rate was: about 60% said they didn’t know and the rest had an average donor retention rate of 45%.

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Qgiv

OCTOBER 15, 2021

As a group, they want multiple avenues to make donations, 50% want to see the impact of their gifts, and 50% don’t mind multiple solicitations in a year. I would argue differently. Are you finding ways to show them the impact of their gifts? Is it possible that mid-level donors, or Generation X, aren’t very philanthropic?

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Association Analytics

SEPTEMBER 27, 2023

Let’s take member retention as an example. These could be member retention, recruitment, products & services and event registrations. Revenue Impact – calculate the revenue impact of the future state improvement using known or estimated values. Consider the different departments in your association.

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Association Analytics

DECEMBER 13, 2023

Consider your average spending year over year or the trend in your retention over a period of time. Just like you need to plan a project for data, you should also be intentional with your plans for data retention. You can also start with low-hanging fruit to make a quick impact. Be specific about what data you keep and why.

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Nonprofit Tech for Good

APRIL 20, 2020

By Dana Bakich , founder and CEO of Positive Equation – a digital consultancy focused on equipping nonprofits with the tools and resources to build impactful digital strategies. Your average audience retention rate and engagement is substantially higher. If you’ve been watching Facebook or Instagram recently, everyone is going LIVE. .

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The Modern Nonprofit

MARCH 26, 2024

The post-emergency phase sees many organizations grappling with a decline in donations, a critical period where strategic donor engagement can make a difference. Focus on educating new donors about unfolding events and exact needs, while demonstrating the impact of contributions already made. This creates a more meaningful ask.

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Get Fully Funded

APRIL 4, 2024

Explain the impact of donations. Building relationships with all of your supporters can strengthen your donor retention rate and help your nonprofit raise more funds over time. Explain the impact of donations. 75% of donors who give regularly seek information about the nonprofit’s impact. Enable recurring donations.

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NonProfit Hub

DECEMBER 13, 2019

This means that your nonprofit must first master the art of effective donor retention. . There are several reasons donor retention is so important for nonprofits: First, it’s much less expensive to ask a donor to give again than to perform enough outreach to acquire a new donor. . Strategies to Encourage Increased Engagement.

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Neon CRM

SEPTEMBER 7, 2023

In this article, we’ll look at three important steps to take as you start planning your year-end fundraising campaign, including: Setting your year-end fundraising goals Identifying your campaign’s story Planning for donor retention Let’s take a look! You can read more about how to build a donor retention strategy over here.

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Association Analytics

APRIL 11, 2023

You’d be surprised how common it is for different departments in the same association to calculate member retention differently. Or to go to different systems within the association to pull data for the calculation. A data dictionary both defines the formula and tells team members where to go for the data.

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Bloomerang

JANUARY 23, 2024

Let’s talk about how you can make a big difference at your local YMCA chapter with something simple but powerful: monthly giving. This approach not only values their past support but also emphasizes the ongoing impact they can make. Recurring donor retention Keeping your donors informed and engaged is key. Keep it simple.

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Nonprofit Tech for Good

FEBRUARY 12, 2021

But there are countless benefits to registering your nonprofit with RoundUp App , including: A custom RoundUp App registration page with your own logo, photo, and impact statement. The average RoundUp App user donates $15 – $20 a month and has an 80% retention rate. Highlight the impact that RoundUps can make for your nonprofit.

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Saleforce Nonprofit

SEPTEMBER 2, 2022

Over the last few years, many companies have made bold claims on plans to address global issues like climate change; diversity, equity, and inclusion (DEI); and community impact. When looking at social impact, it’s important to understand the difference between ESG and purpose. However, few actually live up to their commitments.

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Neon CRM

DECEMBER 14, 2023

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. Retention Rate: The percentage of donors who gave last year and this year.

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Association Analytics

NOVEMBER 16, 2021

What’s the difference between analytics and reporting? Some examples to consider: What are the main drivers of member retention? Bring together people throughout your organization that have different points of view but are curious about data and want to learn. See if seasonality impacts engagement with a certain product.

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Forj

AUGUST 12, 2021

Did you know that 47% of HR professionals have said that retention is the top talent management challenge they face, closely followed by recruitment at 36%? In the broadest sense, employee retention depends on a combination of factors, including work-life balance, benefits, compensation, development and learning opportunities , and more.

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Bloomerang

NOVEMBER 15, 2023

They range from retirees looking to give back, to busy professionals seeking purpose, and to young students wanting to make a difference. A compelling narrative that resonates emotionally and highlights the impact of your work can be a powerful magnet. How does their contribution make a tangible difference?

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Qgiv

FEBRUARY 15, 2023

Findings from Nonprofit HR’s 2021 Nonprofit Talent Retention Practices survey showed that 42% of responding nonprofit leaders expected their employee turnover to increase in the coming year. You might find that your organization needs more (or different) training and support than software vendors provide.

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