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5 Common Questions About Calculating Your Nonprofit’s Indirect Cost Rates

sgEngage

Indirect costs can be confusing because there is conflicting information about indirect cost rates for nonprofits, what is considered an indirect cost, and how to calculate the costs. How does my nonprofit organization get an approved indirect cost rate? Organizations cannot get an approved rate until it is approved to receive funding.

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4 Text Marketing Lessons Nonprofits Can Take from Big Brands

Nonprofit Tech for Good

Your organization likely relies on direct mail, emails, social media, and even phone calls to get the word out about your organization’s work and solicit support for your mission. Big brands know that texts have an incredibly high open rate—that’s why many of our favorite retailers have adopted a text marketing strategy.

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2024 Online Fundraising Statistics for Nonprofits

Nonprofit Tech for Good

Direct mail was the second most preferred channel at 21%, followed by social media (17%), text messaging (8%), and phone calls (2%). Neon One ] 72% of individuals say that the presence of a charity rating badge increases their likelihood of giving. Double the Donation ] The current donor retention rate is 41.9%. billion—only 0.6%

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Solving the Donor Retention Rate Issue: The Case for Creating a Board-level Donor Thank You Committee

Bloomerang

Do you know your organization’s donor retention rate? In 2019, Dr. Adrian Sargent bemoaned the fact that first-time donor retention rates were below thirty percent: “The USA still holds the record for the most shockingly poor pattern of results. Because according to the FEP, the 2020 repeat donor retention rate was 59.6%—whereas

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How Digital Wallets Build Trust With Donors, Help Drive Better Conversion Rates

DonorPerfect

Put yourself in your donors’ shoes for a second, and think of a recent purchase or donation you made on your mobile phone, tablet, or laptop. The post How Digital Wallets Build Trust With Donors, Help Drive Better Conversion Rates appeared first on Nonprofit Technology & Fundraising Blogs. What held you Read More ».

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Why omni-channel fundraising works at year-end

EveryAction

Mobile messages Another tool you might see brands adding to the mix of channels they’re using to message you in a cohesive way is with texting, also known as SMS communications—maybe you decide to enter your mobile phone number in exchange for a coupon, and now you receive the occasional message.

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Tech Tools Working Together: How Text-To-Donate Paves the Way for Text Message Communication

Nonprofit Tech for Good

With average email open rates at 20% for nonprofits , many organizations struggle to grab the attention of supporters, volunteers, and donors. Building Your List of Cell Phone Numbers. One of the quickest ways to build a list of cell phone numbers is through a text-to-donate or text-to-give mobile platform.