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The Employee Retention Credit: What Nonprofits Need to Know

Blue Avocado

Originally enacted as part of the CARES Act in March 2020, and subsequently voted into law last December, the Employee Retention Credit (ERC) may now be claimed by eligible employers—and that includes tax-exempt nonprofit organizations—that previously received a Paycheck Protection Program (PPP) loan.

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Solutions Day 2023—It’s Happening!

.orgSource

Nonprofit attorney Kimberly Pendo, a founding member of Chicago Law Partners, is going to discuss the issues we all need to understand. Also on her agenda is how copyright law and fair use apply to AI. Use revenue, retention, renewal, learning, event, and behavioral data to unlock hidden information.

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Why is Donor Retention Rate So Important?

Qgiv

Darrell Law is the VP and Chief Growth Officer at Infinity Concepts. Research consistently shows that it almost always costs more to acquire a new donor than it does to retain an existing donor, making your donor retention rate a very important metric to track. What Is Donor Retention Rate? How to Calculate Donor Retention Rate.

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Top 5 Challenges for Nonprofits in 2023

Qgiv

2022 was a year of growth for many nonprofits across the country. While many have embraced the “new normal” as we move past the pandemic, there continue to be underlying challenges for nonprofits trying to raise money in 2023. Despite organizations utilizing fundraising best practices , many challenges for nonprofits remain.

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“Donor retention by the numbers”: Q&A with Caity Craver and Gary Carr

3rd Sector Labs

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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8 Ways to Keep Former Nonprofit Board Members Engaged

Bloomerang

Just think of all they’ve done for your nonprofit over the years! . That’s as many as six years—or perhaps even more depending on the by-laws. They’ve heard compelling nonprofit stories that warmed their hearts. Just examine your donor retention rates. Your former board members are an untapped treasure trove.

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Discussion of Donor Data Retention

Robert Weiner

A few months ago I wrote a post on the topic of whether nonprofits should delete old donor records. The original question: My organization is working on a data retention policy and wondering if others have insights to share. It will depend on local laws, your storage needs, and your relationship to past customers.

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