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How to Boost Online Donor Retention

NonProfit Hub

Your nonprofit’s donor retention rate is the percentage of donors who give from year to year, or over any other specific time period. With concrete retention strategies, you can make the most of increases in new donors. Here are the essentials to keep in mind when building or updating your nonprofit’s donor retention strategy.

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Nonprofit Grants: Bill & Melinda Gates Foundation To Fund $9 Billion

Bloomerang

Although the Twitter thread doesn’t dive into how the foundation will spend the money, we have a few recommendations for staying on top of that news: Keep an eye on their grants page. If you head to the foundation’s website, you’ll see their grants page. You just have to be proactive and look for them.

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Some Money Isn’t Worth The Chase: Why You May Want To Rethink Your Events And Grants Strategies

Kindful

Some fundraising strategies cost more than others, just like some donors cost more than others if they have poor retention rates. . Rated by cost-effectiveness based on the cost to raise a dollar, the two most expensive fundraising strategies are direct mail acquisition and special events. What could we do instead? .

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Mastering Next Year’s Budget With Revenue Projections and Donor Attrition Analysis

Neon CRM

First use this year’s revenue to establish a baseline for all your expected revenue, including but not limited to individual giving, major gifts, events income, expected pledges, and grants. 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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Helpful Ways to Measure and Optimize Your Nonprofit’s Performance

sgEngage

Some examples: Employee retention rate Absenteeism rate Employee satisfaction, quantified on a questionnaire or survey Free Guide Development Plan Toolkit Download Now Utilizing Effective Data Tools Many nonprofits started out as a grassroots group with a dream and some bootstraps. This is how you show what success looks like.

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Let Data Drive Your Decisions

Bloomerang

Some possible metrics could include the number of unique people served, retention rate, customer satisfaction rating, net promoter score, total amount from fundraising, graduation rate, turnover rate, and so on. What kind of performance matters to your organization?

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Measuring Your Nonprofit’s Success with Business Intelligence 

Qgiv

Using your financials as an indicator of success perfectly all right—but there’s a problem here: If you’re only taking into account how much you raised overall or how much you raised from individual giving, grants, or corporate giving, you’re missing the big picture—and that could really mess you up. Here’s why.

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