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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Retention Donor Data Advice 148

Bloomerang

JANUARY 23, 2024

On average, someone who donates regularly will give 42% more over a year than someone who makes a one-time gift. Thank them for being part of your donor family, give them credit for an accomplishment, and invite them to be part of an exclusive group making a monthly gift. How much more, you ask? Keep it simple.

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Giving Retention Gift Chapter 73

Pamela Grow

APRIL 29, 2023

And the retention of those new donors was a leading cause of the decline. The sharp decline in new donor retention, which decreased by 21.8%, represents a significant challenge to the industry. The struggle to retain donors is widespread, with the lowest recorded donor retention rate at 42.6%. How can you turn this tide?

Retention 52

Retention Newsletter System Donor 52

sgEngage

OCTOBER 18, 2022

It’s fundamental that donor retention remains one of the most critical factors in the long-term success and resilience of organizations. And, when looking at new, first-time donors nearly two-thirds never make a second gift. If you have a 66% donor burn rate—the industry average—it actually costs you $45.00 Not really.

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Time Build Retention Blackbaud 74

Bloomerang

JANUARY 25, 2024

Engage new donors by acknowledging their contributions, sharing the tangible impacts of their gifts, offering regular updates on your successes, and inspiring them to give again and again. Giving people multiple ways to support your cause throughout the year should be a critical piece in your donor retention strategy.

Guide 84

Guide Fundraising Retention Nonprofit 84

Double the Donation

JUNE 1, 2021

Double the Donation and Fundraise Up have enhanced their matching gift integration to include a matching gift upsell, which is an exciting new feature that drives matching gift requests and increases initial base donations. This enhancement will ensure no matching gift opportunities fall through the cracks.”.

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Gift Integration Donation Fundraising 52

Double the Donation

SEPTEMBER 13, 2021

360MatchPro by Double the Donation , the leading provider of matching gift automation software, integrates with the best school and university fundraising platforms. This allows your institution to raise more and take advantage of the $4-7 billion in matching gift revenue left unclaimed each year. GiveCampus & Matching Gifts.

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Platform Gift Fundraising Integration 52

Nonprofit Tech for Good

MARCH 8, 2024

Donor retention is important. All that is true, but the fact remains that donor retention is a struggle. Can Tech Tools Solve Donor Retention? Donor retention is, at its heart, about building relationships. Update your donation form and include the opportunity for a donor to leave a note about their gift.

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Retention Tech Tools Donor 269

Nonprofit Tech for Good

APRIL 23, 2019

Many CRMs are feature-rich but you want to choose once that is built and designed for the nonprofit industry – it needs to be donor-centric and meet the needs of each persona working at your organization. Does it allow donor wealth screening to assist Major Gift Officers? Is their expertise – nonprofit industry specific?

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Metrics Nonprofit Profile Platform 261

Nonprofit Tech for Good

FEBRUARY 12, 2021

According to the 2020 Benchmarks Data from M+R , overall online giving revenue increased by 10% in 2019, and revenue from monthly gifts increased by 22%. Access to an entire library of marketing templates, sample fundraising campaigns, and industry best practices. That’s where RoundUp App comes in.

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Effective Fundraising Nonprofit Channel 278

Eric Jacobsen Blog

NOVEMBER 13, 2023

McCollum divides her book into three parts: Understanding the hurdles to women’s advancement Overcoming the hurdles Eliminating the hurdles She professes that women have unique gifts and abilities. Businesses need talented women, now more than ever. Our organizations need to evolve alongside us,” says McCollum.

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Business Sponsor Leadership Voice 83

Bloomerang

DECEMBER 11, 2021

I know about donor retention rates, goals, etc., Is there some kind of nonprofit industry standard that says you should add 10% new donors over last year….or Direct mail results hover around 0.5% (they were 2% when I began in this industry, but there’s just a lot more competition for donor dollars today).

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Rate Donor Retention Mail 107

Bloomerang

AUGUST 16, 2021

One of the biggest problems nonprofits face is improving their low donor retention rate. It’s a remarkably ineffective way of working for an industry built on numbers. . “We If you have no idea what a good or poor donor retention rate is, it’s difficult to measure your own performance. Number of donors who increased their gift.

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Analytics Strategy Fundraising Benchmark 122

Qgiv

MARCH 19, 2024

Donor retention. Donor appreciation events help foster your relationship with your donors, keeping them engaged with your mission, leading to higher donor retention rates. Having an event to celebrate their contributions can help motivate donors with the financial capacity to make major gifts.

Ideas 52

Ideas Donor Movie Retention 52

Connection Cafe

APRIL 19, 2019

Blackbaud’s latest Charitable Giving Report sheds light on the importance of donor retention in the nonprofit industry. According to the latest research from Blackbaud’s Charitable Giving Report : The average donor retention rates for first-year offline-only donors is 29%. That’s shocking (and pretty scary).

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Retention Donor Change Blackbaud 37

Qgiv

AUGUST 9, 2023

It’s undoubtedly a challenging time for new donor acquisition, underscoring the constant importance of retention. Don’t be afraid to ask for another gift Some nonprofits may be hesitant to quickly ask for another gift from donors, worrying that they’ll come off as too pushy. Day 2: Call the donor to say thank you.

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Relationship Donor Gift Retention 52

NonProfit Hub

NOVEMBER 2, 2018

Pick software that summarizes all-time giving totals, average gift amounts and other key donation data. Use your donor profiles to note important identifiers, like what industry your supporters work in, biographical information, familial connections and other data important to your strategy. Leverage at-a-glance giving summaries.

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Retention Data Donor History 56

Nonprofit Tech for Good

APRIL 2, 2023

Does it seem like everyone you know is raving about a new tool that’s revolutionizing the way employees in all industries are doing their work? With the ability to generate human-like responses to a variety of topics, employees of all industries are using it to increase their efficiency!

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Tools Fundraising Analytics Analysis 361

Bloomerang

OCTOBER 30, 2023

Thanking donors well is an essential aspect of fundraising that is often done just once—when the donor makes a gift, or, worse, it’s overlooked entirely. Feeding America , originally founded in 1979 as a faith-based organization, is headquartered in Chicago, IL, a central hub of the food industry. Aaron LaMonica-Weier , Sr.

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Feeds San Antonio Donor America 83

Bloomerang

JUNE 15, 2022

A few lowlights from our past: Letting the donor get too close to the wealth screen, not reading the room to realize who the real decision-makers were, asking for a big gift without the proper cultivation, and not doing our donor research. You should know the average gift in a will is approximately USD $37,000! .

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Guide Gift Donor Retention 117

Neon CRM

AUGUST 18, 2023

Giving and receiving gifts extends to others. In a season when many people are participating in gift-giving holidays, they’re inspired to give back to a worthy cause. For templates you can use to set up a welcome series for new donors and tips for donor retention, check out The Fundraiser’s Guide to Welcome Series.

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Campaign Giving Tips Mail 98

Neon CRM

NOVEMBER 14, 2023

And how does their impact compare to those of one-time donations and gifts from major donors? Don’t get us wrong: One-time donations and major gifts should both play big roles in your organization’s fundraising. Use SSL encryption and comply with industry-standard security measures to protect donors’ financial information.

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Donation Gift Platform Nonprofit 52

Connection Cafe

JANUARY 6, 2014

In 2013, Chuck Longfield was on a mission to shed light on the importance of donor retention in the nonprofit industry. According to Chuck, ten years ago the average retention rates of a newly acquired donor were roughly 33%. Today it’s 27%, and even lower in some industries. That’s shocking (and pretty scary).

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Retention Donor Change eBook 55

Qgiv

OCTOBER 3, 2023

As always, make sure you account for your organization’s unique history by taking any giving trends found in your donor database into consideration alongside this industry comparison. This makes December a great time to promote matching gift options to your donors. This season is a great opportunity for themed events.

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Trend Giving Social Media Gift 52

Connection Cafe

APRIL 3, 2014

We impact over 10,000 lives each year, and in 2013 we had a donor retention rate of 43% ( compared to 27% ). I’m not writing this post to tell you the ‘5 Sure Fire Ways to Increase Your Donor Retention’. So, what led to our above industry average donor retention rates? Not asking for a second gift unless asked.

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Retention Rate Donor Lesson 53

Whole Whale

SEPTEMBER 8, 2023

Show how gifts further the outcomes step-by-step. For example, if a mailed appeal with a matching gift incentive consistently outperforms others, keep using that format. Or if a certain donation thank-you gift reliably increases donor retention, offer it in campaign after campaign. Helping real people should be the star.

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Lesson Fundraising Digital Test 59

The Modern Nonprofit

APRIL 6, 2021

In this blog, you’ll learn about: Annual Giving, Donor Retention, Major & Legacy Gifts, Online Fundraising, Boards & Leadership, Content Marketing, Social Engagement , Strategy & Management, and Culture & Values. It’s the specific change you’re asking the donor to help make with their gift. Clairification

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Bookmarking Storytelling Nonprofit Social Media 98

Connection Cafe

JANUARY 19, 2014

In honor of the release of the newest npExperts ebook, Show the Love: Thoughtful Engagement to Retain Donors , this roundup all about retention. I mean, is it just me or is anyone else a little concerned that donor retention remains a lower priority for nonprofits across the industry? . Donor retention. Have a look.

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Retention email Donor Tips 37

NetWits

AUGUST 8, 2012

They then continue to give offline in similar proportions in subsequent years, although the amounts are typically not as large as the initial online gift. The higher the donor’s original gift level, the less they upgrade and, in fact, the more likely it is that the donor will actually downgrade if when they move to offline giving.

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Offline Donor Online Fundraising 219

3rd Sector Labs

JUNE 30, 2014

Combat the challenges of donor retention? A Major Gifts Officer is actively developing personal relationships with existing and potential donors. So far in 2014, Third Sector Labs has run a number of webinars focused on topics such as fundraising strategies, technology, donor data, and donor retention. Data degrades. What to do.

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Attention Data Donor Retention 157

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% When planning an acquisition campaign, you should project revenue for the first gift and subsequent year giving. year over year. in 2016 to 19.3%

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Mail Donor Strategy Files 52

Saleforce Nonprofit

MARCH 30, 2022

Staffing, Retention, and Burnout. In the trends report, 85% of those surveyed said staff retention will continue to be or increasingly become a challenge. Nonprofits can also support retention by helping current employees build new skills or upgrade existing ones. Bridging Skills Gaps.

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Survey Trend Change North America 59

Bloomerang

AUGUST 22, 2023

Retention-focused donor management system. Retain 10% more than the industry average of recurring donors using features such as a constituent timeline, wealth-screening functionality , an engagement meter, and segmentation capabilities. View reports such as campaign health metrics, recurring gift volume, and total donations.

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Websites Paypal Fundraising Nonprofit 76

Bloomerang

SEPTEMBER 10, 2021

According to fundraising expert and author Penelope Burk, 67% of respondents attending a donor cultivation event credited it as the reason why they made their gift. . They can drive upgrades and retention . You probably ask your donors often for gifts, but how often do you ask for their opinions or advice? Smart decision!

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Donor Audience Fun Script 108

Nonprofits Source

OCTOBER 4, 2023

CSR regulations and reporting requirements vary by region and industry. For example, Double the Donation’s matching gift auto-submission tools integrate with leading CSR software providers like Millie, POINT, Selflessly, and Givinga. Many CSR software solutions also include a matching gift program feature. The list goes on!

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Software Business Guide Companies 52

Bloomerang

AUGUST 28, 2023

Giving histories, gift amounts, and frequencies can reveal a lot about future willingness to give. This type of stewardship helps boost donor retention. Increase donor retention: Some nonprofit CRM solutions (like Bloomerang !) For example, Bloomerang’s dashboard data updates daily with donor retention information.

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Profile Software Nonprofit Donor 92

Achieve

JULY 28, 2022

In addition to being user-friendly, text donations enable nonprofits to easily raise donor engagement and retention. . In-Person Contactless Payments: Contactless payments allow donors to make a gift by tapping their contactless card, wearable device, or phone near a card machine. Matching gifts: With a. matching gift.

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Process Donor Pledge Demographics 52