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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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Taking Action: Fundraising Trends And Best Practices From Bloomerang’s ‘Fundraising Planning and Climate Report’

Bloomerang

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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Donor Database Management: A Quick Guide to Prospect Setup and Tracking

Qgiv

However, many organizations fail to properly track gift officer portfolios, gift officer actions and donor pipeline management within their donor database management. Standardization around portfolio tracking, donor interactions, documenting proposals, and next steps is critical to the health and sustainability of any fundraising program.

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The Secret Way To Boost Year-End Gifts

Bloomerang

Here are 3 rules for reporting impact Be warm, heartfelt, and sentimental. First names only! Here are 6 channel options: A simple phone call from you, or even better—a board member A postcard A video email A letter An email A text 3 time-saving ways to report impact with scale and efficiency (no matter how big or small you are!)

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Five reasons you need text-to-give technology at your association

Nimble AMS

Pew Research Center reports that 97% of Americans now own a cell phone, with 80% of respondents texting. It enables donors to give money from their phones to campaigns. Text messages have an average open rate of 98% , compared to the email open rate of 22%. Text-to-give is the perfect call to action.

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How to Get Leadership Buy-in for Streamlining Your Grantee Application

sgEngage

Or you can track the time it takes you to fill out the form, either with sample data or by trying to collect similar data from your own systems. Do you analyze it, report it, or share it with your stakeholders? Limit mid-cycle reporting to a phone call with the program manager.

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Don’t Fear Your Dirty Data

Association Analytics

Even without a complete data set (which is practically unattainable), you can still do things like send renewals, get event registrations, create membership reports and raise funds for your foundation. Set a baseline and keep track of the progress you are making. It’s an easy way to collect phone numbers for your database.

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