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Multi-Year Gift Agreements: Your Donor Retention ‘Ace-In-The-Hole’

Bloomerang

Nonprofits who care about donor retention employ numerous strategies to keep their donors coming back year after year. Personal acknowledgments, impact reporting, and a strong monthly giving program are some of the cornerstones to a high donor retention rate. Savvy fundraisers have always kept donor retention top of mind.

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[ASK AN EXPERT] How Do You Calculate Your Nonprofit’s Average Dollar Retention Rate?

Bloomerang

Today’s question comes from a nonprofit employee who wants advice on how to calculate an accurate nonprofit dollar retention rate. Dear Charity Clairity, When you write “the average dollar retention is just 47%,” I’m not sure what that means. — Stats Nerd. Dear Stats Nerd, First, I’m glad you’re asking this question.

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Pledges vs. Donations: Understanding the Difference

Pamela Grow

When you deliver an experience that makes donors feel good about contributing to your cause, you could see a significant increase in retention rates. Prioritizing donor retention will ultimately build a dedicated pool of supporters who will lend support any time you need it. You can apply this model to almost any fundraiser.

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Which Customer Relationship Management (CRM) Software is Best for Your Nonprofit?

Nonprofit Tech for Good

The ability to track and monitor those relationships should be the #1 priority for organizations seeking to expand their donor base or increase their revenue. There is a higher website conversion rate and donors stay on the website longer because of more opportunities to engage with the software.

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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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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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Love At First Sight: Getting To The Heart Of Fundraising With Effective Reporting

Bloomerang

Implement donor retention strategies: Uncover insights on retention rates to strengthen donor loyalty and reduce donor attrition. Key reporting features The most impactful reports encompass a variety of aspects, from donation trends to donor retention.

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