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. This has a lot to do with the power behind a second donation.

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.orgSource

OCTOBER 31, 2023

Sponsored by Nimble AMS We’ve crafted a great educational program, but it’s not delivering ROI. Erica Kruse, Director of Education, American Society of Neuroradiology, turned to Attendee Interactive for help. Use revenue, retention, renewal, learning, event, and behavioral data to unlock hidden information. What’s wrong?

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Sponsor Associations Law Hype 275

Nonprofit Tech for Good

APRIL 17, 2021

In business, customer retention is “big business.” ” High customer retention rates can help a company spend less on marketing, improve the overall lifetime value of a customer, and earn more referrals. Calculate your churn rate as Total # of Partner by Total Value of Partners.

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Help Retention Tips Template 269

Cloud 4 Good

MAY 17, 2022

Louisiana State University Online and Continuing Education (LSU Online) is a part of the LSU family of institutions, a group of accredited, top-tier universities leading the charge toward innovations in distance learning. LSU’s Continuing Education program has been helping students realize their potential since 1924.

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Louisiana University Education Student 59

Nonprofit Tech for Good

APRIL 2, 2020

2) Conversion Rates. The mention of conversion rates often makes nonprofit pros cringe, because it sounds technical, like some jargon a marketer would use. By increasing your conversion rate to 1.5% Focusing on your conversion rate is one of the few things you can do that can truly multiply your results. 5) Retention.

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Metrics Digital Marketing Retention 318

Beneblog: Technology Meets Society

JUNE 9, 2014

Investing in education has an incredible multiplier effect as it leads to increased prosperity not just for individuals, but also for their communities and societies. Gallucci noted that there was one statistic that matters to him: “There are 39 million girls globally that should be in secondary education, and who are not.”

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.orgSource

FEBRUARY 27, 2023

Some of that adaptation will require higher educational attainment, or spending more time on activities that require social and emotional skills, creativity, high-level cognitive capabilities, and other skills relatively hard to automate.” A culture of education is exciting. Digital markets don’t allow room to languish.

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Team Time Skills Professional 221

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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Donor Retention Template Widget 98

Candid

FEBRUARY 27, 2024

When you hear directly from clients, you can better tailor services to their needs and preferences, which, in turn, helps increase client retention and impact. At L4G, response rates vary by collection method, from a median of 64% for in-person surveys to 32% for emailed surveys. Are the ratings worse in certain programs or locations?

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Rate Survey Nonprofit Sample 128

.orgSource

MARCH 18, 2024

Government, healthcare, educational, and financial institutions are being viewed with skeptical eyes. Maybe your retention rate isn’t as high as you’d like, or your topline revenue isn’t where you want it to be. Trust has declined in every sector. Even the Supreme Court is not exempt. That’s a major change.

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Associations Jordan Industry Podcast 221

The Modern Nonprofit

MARCH 26, 2024

This transformation requires thoughtful preparation, empathy, education, and strategic communication. Tracking open and click-through rates for each segment provides data to refine messaging. Focus on educating new donors about unfolding events and exact needs, while demonstrating the impact of contributions already made.

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Support Donor Community Retention 52

Nonprofit Tech for Good

DECEMBER 2, 2023

By Wendy Mercurio , Content & Education Specialist at Qgiv — an online fundraising platform empowering 20,000+ nonprofit fundraisers to raise money for their causes while keeping costs low. Keeping donors connected with the mission ensures the best possible donor retention rate for an organization.

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Trend Fundraising Digital Celebrate 311

Neon CRM

DECEMBER 14, 2023

Lastly, factor in your donor retention rate so you can anticipate the number of new donors you’ll need to acquire in order to meet or exceed this year’s revenue total. Growth Rate: The expected percentage increase in revenue. Retention Rate: The percentage of donors who gave last year and this year.

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Analysis Project Donor Retention 52

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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Retention Tips Training Train 36

Connection Cafe

APRIL 3, 2014

I work as the Donor Relations Coordinator at Lena Pope , an agency that serves children and families through counseling and education. We impact over 10,000 lives each year, and in 2013 we had a donor retention rate of 43% ( compared to 27% ). So, what led to our above industry average donor retention rates?

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Retention Rate Donor Lesson 53

Nimble AMS

APRIL 20, 2021

“I don’t need to increase retention rates or recruit new members.” – said no association professional ever. Most association are focused on improving member retention and increasing membership , even when membership times are good. Members don’t typically want to purchase continuing education. And, members agree.

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Benefit Communication Retention Associations 113

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. Typically, this involves educating them about your cause or issue and highlighting the work you do. What is the difference between donor acquisition and retention? What is donor acquisition?

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Fund Donor Strategy Search 52

Nimble AMS

MAY 25, 2022

An AMS is an invaluable tool to optimize your operations and boost member recruitment and retention. . Together with your continuing education program, your best practice sessions, and networking opportunities, you’ll become indispensable to the professionals you serve,” says Tristan Jordan, General Manager of YM Careers.

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Associations Technology Adopt Industry 130

Qgiv

JUNE 8, 2021

A prolific writer and speaker, he curates Bloomerang’s sector-leading educational content and hosts their weekly webinar series. The overall 2020 donor retention rate was 43.6%, a 4.1% drop from the 2019 rate of 45.4%, likely brought down due to the 2020 first-time donor retention rate dropping 9.2%

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Report Project Effective Retention 52

TechImpact

JUNE 3, 2014

The technical terms “data mining” and “predictive modeling” are really just industry terms words for “gather information” and “educated guessing.”. One of the most important statistics to glean from this whole process is your donor retention rates, or, the number of donors who donate to your nonprofit each year.

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Data Donor Retention Demographics 215

sgEngage

APRIL 15, 2024

According to the US Department of Education, about 330,000 federal financial aid applications will need to be reprocessed following yet another data error. As of this post, completion rates are down 40% year over year, a devastating drop. Encourage prospective students to complete the FAFSA despite the difficulties.

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Impact Student Alternative Education 65

Nonprofit Tech for Good

NOVEMBER 15, 2019

There is a higher website conversion rate and donors stay on the website longer because of more opportunities to engage with the software. Kindful places a heavy focus on data, giving the user access to donors’ giving history, wealth details, and rating for likelihood to give. 4) Raiser’s Edge :: blackbaud.com/raisers-edge.

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Relationship Software Management Pledge 231

Bloomerang

FEBRUARY 8, 2022

One way to set your organization up for success is to educate your fundraisers and provide them with the resources they need to create an engaging donation page and make effective appeals. It all comes down to your donor retention strategies. Be careful with this method, as being too aggressive can lower your retention rates.

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Hosting Practice Fundraising Retention 115

Association Analytics

NOVEMBER 16, 2021

Some examples to consider: What are the main drivers of member retention? You can also use this as a great onboarding tool to educate new employees on company data. Try starting with membership data like the number of new members or your retention rate because your colleagues are used to seeing this type of data.

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Analytics Data Beginner Associations 169

Nimble AMS

SEPTEMBER 14, 2022

According to the Community Brands 2022 Association Trends Study, over half of association professionals say investing in business intelligence and data analytics is a top priority, yet only one-third would rate their organization’s data as excellent or very good. It’s crucial to educate your entire staff about the importance of analytics. “At

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Associations Data Benefit Practice 136

sgEngage

JANUARY 3, 2024

According to the National Center for Educational Statistics , only thirteen percent of all community college students complete by earning a degree or credential in two years. An expanded overview of two-year diploma acquisition at three years and beyond increases traditional completion rates, but only minimally.

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Student Measure Illinois Education 71

Bloomerang

SEPTEMBER 16, 2021

Then, you can increase your retention rate and create a stronger base of support. . Bloomerang customers have the advantage of leveraging a donor database solution designed by fundraising experts to help nonprofits improve donor retention rates and raise additional funds. Bloomerang is all you need and then some.

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Story Examples Learning Tips 77

Bloomerang

MARCH 4, 2024

Implement donor retention strategies: Uncover insights on retention rates to strengthen donor loyalty and reduce donor attrition. Key reporting features The most impactful reports encompass a variety of aspects, from donation trends to donor retention.

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Report Effective Fundraising Template 60

Association Analytics

FEBRUARY 20, 2024

Besides facing competition from free online sources of continuing education and mentorship, it can also be a challenge for associations to communicate their value, especially when it comes to younger generations. Not surprisingly, a 2020 report from Wild Apricot showed that 68% of organizations have difficulty growing membership.

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Create Strategy Associations Registration 169

Qgiv

AUGUST 21, 2023

Once you know what worked and what didn’t, you can start looking at the current trends in fundraising to create the best GivingTuesday campaign to maximize your donor acquisition and retention. Despite this, GivingTuesday’s Look Back report shows that GivingTuesday provides a donor acquisition growth rate that is 4.4x

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Template Retention Stream Social Media 98

Volunteer Hub

OCTOBER 11, 2021

Recognizing volunteers effectively can positively impact your retention rates. Actively recognizing volunteers is one of the most important components of volunteer engagement and retention. Your organization can use gamification to challenge volunteers, reward them for opportunities served, and create incentives for retention.

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Volunteer Tips Retention Demonstration 94

Nimble AMS

NOVEMBER 30, 2022

Enrolled in continuing education or training courses? . What is your membership retention rate? . How many members enrolled in professional development, continuing education, or certification compared to last year? . Completed certification courses? . Advanced certifications in your field? .

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Report Tips Associations Advocacy 107

Qgiv

OCTOBER 11, 2023

Has your donor retention rate increased, decreased, or remained flat? For that information, you would need to keep track of the rate—ditto for donor acquisition and upgrading. So far, our twelve years of data show that about 76% of nonprofits lack key performance targets for donor retention, and it’s even worse for upgrading.

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Measure Business Retention Profile 52

ASU Lodestar Center

JULY 21, 2022

Small nonprofits have limited financial resources to invest in SHRM education and implementation. In a 2020 paper , Philip and Arrowsmith identify that the lack of intentional HR management systems leads to added challenges in employee retention. The organizational structure of small nonprofits also produces unique challenges.

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Resource Management Attitude Oregon 97

Forj

OCTOBER 23, 2017

Professional education is one of the top perks that young professionals are looking for in the 21st century. Providing educational resources that allow your association members to advance their own careers is a great way to position your organization ahead of the competition. Increased Credibility. Increased Revenue.

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Education Associations Professional Aggregator 31

sgEngage

JULY 15, 2023

Donor management centers around proactively fostering relationships with donors and leveraging donor data to cultivate donor interest, maximize retention, and utilize donor resources effectively. Donors may suddenly be unable to afford their contribution, causing an interruption in fundraising.

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Management Donor Blackbaud Retention 52

Qgiv

SEPTEMBER 28, 2022

Kate is also a member of the ICON Education Advisory Council, the VA AFP Caucus, and is the current chair of the Virginia Fundraising Institute. Your year-end donor retention plan is an ongoing, cyclical process that starts as soon as the donor makes their contribution. That means it’s now your job to educate them.

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Donor Virginia Retention Gift 69