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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Bloomerang

JUNE 3, 2022

Today’s question comes from a nonprofit employee who wants advice on how to calculate an accurate nonprofit dollar retention rate. The best place to find data—and the methodology that was used to collect it—is in resources like the Fundraising Effectiveness Project Reports. Purpose of gift. Please submit your question here.

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Neon CRM

MAY 22, 2023

By extension, it’s also one of the most impactful ways that an organization can promote matching gift opportunities to its audience. The same is true for matching gift emails⁠. In fact, matching gift emails sent in the first 24 hours after a donation result in 2-3 times higher than the average nonprofit email open rate !

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Bloomerang

DECEMBER 11, 2021

Today’s question comes from a nonprofit employee who wants advice on what would be considered a good new donor acquisition rate. I know about donor retention rates, goals, etc., but I’m not finding much data on what is a good new donor acquisition rate or goal annually. . The 2020 report showed an 18.5%

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Qgiv

JUNE 29, 2023

The Giving USA 2023: The Annual Report on Philanthropy for the Year 2022 is the most comprehensive report on philanthropy in America and the data within sheds light on the state of fundraising and ways nonprofits can overcome shortfalls in funding. Religious organizations , for instance, reported a 5.2% decline in gifts’ impact.

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Bloomerang

AUGUST 16, 2021

In part one of this series, I outlined my top six fundraising strategies for 2021: . Mastering an analytic approach to strategy and planning. In this post, I’ll explore the fifth strategy. . Master an analytic approach to strategy and planning. For example, retention rates tend to be higher for mid-level and major donors.

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sgEngage

JANUARY 17, 2023

In fact, setting your sights on major gifts this year may be more important than ever. Understanding the role of major donors, in tandem with an informed development plan, are the foundations of a securing a major gift in 2023. raise $100,000 via major gifts; volume-based—e.g., Step 3: Align those goals to proven strategies.

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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! he Sustainable Giving Report was broken down into multiple sections.

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EveryAction

JULY 12, 2023

Whether your nonprofit organization has used an omni-channel donor engagement strategy for years or you’re just getting started, busy fundraising seasons are the most important opportunities to communicate cohesively across mediums with your supporters.

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Nonprofit Tech for Good

OCTOBER 1, 2020

By Christy Smaglio , Instructional Writer at Donor Perfect – a top-rated donor management system and fundraising platform for nonprofits. Donor retention is a crucial aspect of a productive fundraising strategy. Chances are, you’ve already made a good one with your donor because they’ve made their first gift to your organization.

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Neon CRM

SEPTEMBER 12, 2023

The most effective nonprofit fundraising typically involves a combination of engagement and revenue-generation strategies. Lucky for you, employee matching gifts and nonprofit fundraising events are two of the most significant tactics for charitable organizations today. So what does that mean for your nonprofit’s fundraising efforts?

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sgEngage

OCTOBER 29, 2021

The new Blackbaud Luminate Online Benchmark Report is out, and it has some significant differences from previous years. What are those differences, and what can you take away from this year’s report? Topics Discussed in This Episode: Background on the Luminate Online Benchmark Report. How data is segmented in the report.

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Bloomerang

MAY 31, 2022

Your nonprofit’s fundraising strategy encompasses more than just earning donations from supporters. Whether you’re looking to take an improved approach to your existing strategy or design a new plan from scratch, this guide will steer you through the process of building a fundraising strategy. With that, let’s get started.

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sgEngage

MARCH 15, 2024

Then, guided by those goals, use effective data collection tools, measure outcomes, implement improvement strategies, and promote transparency. Your team can decide which data points and KPIs matter most to your strategy and your mission. How do you present nonprofit outcomes? Your goal is transparency.

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Qgiv

OCTOBER 26, 2022

Donor engagement is an essential component of an optimized nonprofit fundraising strategy. High levels of engagement lead to effective stewardship plans , increasing retention rates over time, and overall successful supporter relations. What are matching gifts? The relationship between matching gifts and donor engagement.

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Bloomerang

JULY 5, 2021

Do you know what your retention rates are or how to increase donor loyalty? The sorry state of donor retention has been a topic of discussion for at least the past decade, since the Fundraising Effectiveness Project Report began collecting data. Yet too many nonprofits still don’t prioritize donor retention strategies. .

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Nonprofit Tech for Good

JUNE 22, 2021

A large part of that is examining what actions define fundraising strategies that bring in more online donations and keep donors engaged each year. Reviewing new donations that have the potential to become recurring gifts. Offer donation matching to drive urgency and increase gifts in a short time.

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Allegiance Group

APRIL 15, 2024

Developing a digital donor acquisition strategy takes a similar approach to direct mail. It starts with a detailed analysis of your donor base, including average gift size, retention rates, and cost per acquired donor. Nonprofits usually report retention as a percentage. While different, these concepts are related.

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sgEngage

JANUARY 17, 2023

In fact, setting your sights on major gifts this year may be more important than ever. Understanding the role of major donors, in tandem with an informed development plan, are the foundations of a securing a major gift in 2023. raise $100,000 via major gifts; volume-based—e.g., Step 3: Align those goals to proven strategies.

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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. Qgiv’s Sustainable Giving Report found that most fundraisers are feeling overwhelmed with their workload and are working only occasionally with the proper number of staff. In return, donors may provide larger gifts.

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Bloomerang

AUGUST 21, 2023

This post describes actions you can take to implement the findings of Bloomerang’s 2023 Fundraising Planning and Climate Report. General guidance for fundraisers Here is general guidance on actions fundraisers can take based on fundraising trends and best practices drawn from the report.

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Allegiance Group

JANUARY 18, 2023

Corporate matching gift initiatives are among the most impactful philanthropic programs offered by thousands of companies across the globe. Matching gifts bring with them the obvious benefit of increased corporate philanthropy revenue. So why not utilize strategic matching gift initiatives to further aid you in reaching your goals?

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EveryAction

OCTOBER 26, 2022

Is there something you can do now to influence their end of year gift? TechJury has reported that SMS open rates average 98%. They tell you how your gift made a difference. Maybe they mention how your gift helped a person or solved a problem and include a photo (or emoji.). Think you’ll make a gift?

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Nonprofits Source

AUGUST 18, 2023

We’ve done our research and heard what nonprofit professionals have to say about matching gift software. And we’ve compiled a list of matching gift software reviews from the leading provider, Double the Donation , for your benefit. The smoother the transition, the quicker your team can begin driving matching gifts for your cause.

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Qgiv

AUGUST 15, 2023

From 2019 to 2020, 68% of surveyed nonprofits increased their fundraising revenue, according to Qgiv’s Navigating The Unknown Report. Fundraisers have noticed a change in their fundraising results and have made adjustments to their strategies. The most common strategies implemented were additional asks to grants and corporate funders.

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Qgiv

AUGUST 18, 2023

From 2019 to 2020, 68% of surveyed nonprofits increased their fundraising revenue, according to Qgiv’s Navigating The Unknown Report. Fundraisers have noticed a change in their fundraising results and have made adjustments to their strategies. The most common strategies implemented were additional asks to grants and corporate funders.

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sgEngage

MARCH 22, 2022

One of the best methods to increase your donor retention is to leverage your overall communication strategies. This new, more effective communication strategy is referred to as integrated or multi-channel marketing, and it allows you to connect with supporters across all channels. . Ensure communication is a two-way street .

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Neon CRM

DECEMBER 6, 2023

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. The strategies in this article will help you. 114 ÷ 367) x 100 = 31, so they had a 31% donor retention rate. Let’s take a look. This year, 114 of them gave again.

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Double the Donation

OCTOBER 4, 2021

If you’re looking to drive additional fundraising revenue through corporate gift-matching programs , making the most of matching gift upsells is the way to go. Picture this: A donor is in the process of making a gift to your organization. The Value of Matching Gift Upsells. Matching Gift Basics.

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Qgiv

JUNE 8, 2021

The Fundraising Effectiveness Project recently released their 2020 Fourth Quarter Report, which examined giving trends for the entire 2020 calendar year. Compared to past years, the 2020 report was as unique as the year itself. The overall 2020 donor retention rate was 43.6%, a 4.1% The Bad News. to an average of 19.2%.

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sgEngage

MAY 30, 2024

Understand the broader concept of talent strategy. So, rather than honing in on just a few individual practices as part of a limited-scope retention strategy, it’s ultimately more helpful to look at your organization’s broader talent strategy and how it is or isn’t helping to drive retention.

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Neon CRM

MAY 31, 2023

Fundraising metrics are the key to unlocking your most effective, generosity-encouraging strategies. That’s why it’s important for fundraisers to stay up to date on nonprofit organization statistics and use metrics to inform their fundraising strategies and decisions. Report The Nonprofit Email Report Learn More 4.

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Nonprofit Tech for Good

JANUARY 24, 2021

By Laura Bucher , Storyteller at Donor Perfect – a top-rated donor management system and fundraising platform for nonprofits. Keep the momentum going with these creative donor engagement ideas you can apply to your 2021 fundraising strategy: 1) Get personal with gratitude via thank-you videos. 7) Invite your donors to shop for good.

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Candid

NOVEMBER 14, 2023

But unfortunately, the average donor retention rate in 2022 was 42.6%, making it the lowest rate on record. I’ve seen first-hand how building in simple and inexpensive donor loyalty strategies makes a huge difference in year-end giving success and your nonprofits’ long-term sustainability. If they don’t answer, no worries.

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The Science Behind Engaging your Supporters

MAY 15, 2019

Every year, nonprofit consultants M+R release their annual Benchmarks report , which provides an overview of digital trends in the sector. This year's report addressed issues such as email list growth and churn, the rise of monthly giving, and the impact of social media's peer-to-peer fundraising for nonprofits.

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DNL OmniMedia

MAY 25, 2023

Here are five strategies to help your nonprofit increase your supporters’ value and build relationships that stand the test of time. For instance, when recognizing a donor , you might thank them for their most recent gift and give an update on a campaign that they recently supported. Personalize communication. Create a video.

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Neon CRM

SEPTEMBER 29, 2023

With 12% of all gifts made during the last few days of the year , fundraising emails are a powerful tool to encourage year-end generosity among your donors. Instead, fold them into a larger strategy that involves many touch points. While subject lines alone can’t get someone to donate, they can make or break your email open rates.

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