Qgiv

SEPTEMBER 12, 2023

When launching the Sustainable Giving Report , Qgiv aimed to find solutions to some of the largest challenges fundraisers are facing today, such as the economy’s impact on philanthropy, overall donor numbers and donor retention declining, the Great Resignation, and more! switch up their retention strategies for recurring donors.

Retention 52

Retention Donor Report Practice 52

NonProfit Hub

NOVEMBER 26, 2020

Your nonprofit’s donor retention rate is the percentage of donors who give from year to year, or over any other specific time period. It’s probably one of the most critical metrics you should be studying in 2021. . With concrete retention strategies, you can make the most of increases in new donors.

Retention 75

Retention Donor Online Rate 75

Nonprofit Tech for Good

JULY 30, 2023

2) Increased Donor Retention: According to Nonprofit Source , nonprofits that effectively use storytelling in their fundraising efforts have a donor retention rate of 45%, compared to 27% for organizations that do not focus on storytelling.

Storytelling 241

Storytelling Action Roles Hunger 241

sgEngage

MARCH 22, 2022

One of the best methods to increase your donor retention is to leverage your overall communication strategies. But first, let’s compare how the major communication channels of direct mail versus digital communications play a role in donor retention. Personalize all appeals . Segment your audience . Focus on impact storytelling .

Retention 95

Retention Communication Donor Strategy 95

NonProfit Hub

JUNE 12, 2020

Start boosting your donor retention rate by focusing on those who are just giving to your nonprofit for the first time. Why First-Time Donor Retention is Important. New donor retention plays a major role in your overall retention rate. This has a lot to do with the power behind a second donation.

Retention 82

Retention Practice Donor Time 82

Care2

FEBRUARY 11, 2013

Unfortunately, many nonprofits don't feel like they have the luxury of focusing on fundraising strategies that will bring in long-term results, which has led to low donor retention rates. According to the Fundraising Effectiveness Project, the commercial business customer retention rate is 94%. to an estimated 1.5

Retention 76

Retention Rate Donor Strategy 76

Candid

FEBRUARY 27, 2024

When you hear directly from clients, you can better tailor services to their needs and preferences, which, in turn, helps increase client retention and impact. At L4G, response rates vary by collection method, from a median of 64% for in-person surveys to 32% for emailed surveys. Are the ratings worse in certain programs or locations?

Rate 128

Rate Survey Nonprofit Sample 128

Beth's Blog: How Nonprofits Can Use Social Media

OCTOBER 27, 2020

.” In our article for the SSIR Blog, Rehumanizing Fundraising with Artificial Intelligence we make the case that this is a pivotal moment for nonprofits to rethink fundraising and focus on donor retention rates. We also talk about the risks and need for more attention on the ethics of AI.

Retention 96

Retention Giving Donor Collaboration 96

sgEngage

MARCH 4, 2022

In this article, we’ll explore three key findings from the Giving Experience Study and explain what they mean for your nonprofit, including: . And the data supports it — just take a look at these engagement-related findings in The Giving Experience Study: . Convenience is crucial. . Younger and more diverse donors are giving. .

Studies 81

Studies Experiment Giving Generation 81

Bloomerang

MAY 1, 2023

Roughly 33% of respondents (1 in 3) rate internal support for fundraising as below average in 2022, and they indicate that support from leadership has room to improve. Recent data from The Fundraising Effectiveness Project shows a decrease in donor retention, which has been a major theme in the nonprofit community.

Studies 92

Studies Fundraising Philanthropy Culture 92

Bloomerang

APRIL 17, 2024

Each of these industries needs to study an aspect of their output to see how it performs and decide if they need to change. 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.

Data 89

Data Metrics Measure Goal 89

Nonprofit Tech for Good

OCTOBER 31, 2019

They also stick around longer with most programs enjoying donor retention rates north of 85%. Finally, the webinar will recommend practical suggestions for designing more effective outreach, engagement and retention strategies to ensure your monthly giving program can take your NPO to the next level. <<

New Zealand 219

New Zealand United Kingdom Program Belgium 219

Nonprofit Tech for Good

DECEMBER 2, 2023

Keeping donors connected with the mission ensures the best possible donor retention rate for an organization. This extra level of donor engagement and connection will transfer to an increase in donor retention as well! A study from Forbes found that over half of Americans prefer to use digital wallets as a payment method.

Trend 314

Trend Fundraising Digital Celebrate 314

Nimble AMS

MAY 17, 2022

The number of job openings has been on the rise since the pandemic and continues to outpace the rate of new hires. A recent Salesforce study identified that 89% of full-time workers were more satisfied with their job because of workplace automation. Technology significantly contributes to employee satisfaction and retention.

Technology 141

Technology Literacy Associations Retention 141

Volunteer Hub

DECEMBER 8, 2022

Here are a few actionable strategies to help you create an effective retention plan. According to the Corporation for National & Community Service, the average volunteer retention rate is 65%. Studies have shown that the average volunteer commits 52 hours a year to volunteerism, and each hour is worth around $29.95.

Volunteer 70

Volunteer Effective Retention Skills 70

Volunteer Hub

AUGUST 2, 2022

According to AmeriCorps, the national average volunteer retention rate is 65%. Because your organization relies on the support of volunteers, it is critical to try and optimize volunteer retention rates. In fact, according to a Workhuman study, people who are recognized are 4X as likely to be engaged in their work.

Volunteer 77

Volunteer Retention Americorp Training 77

ASU Lodestar Center

JUNE 15, 2022

However, if boards and upper management do not prioritize human capitol recruitment and retention with proper funding, then the result is often high turnover rates and lack of skilled leaders. Benefits like these can be the difference in recruiting and retention efforts, despite potential short falls elsewhere in the organization.

Skills 52

Skills Colorado Retention Rate 52

Bloomerang

AUGUST 30, 2021

The Fundraising Effectiveness Project (FEP) noted that while 2020 saw an overall increase in giving, that year’s donor retention rate dropped by 4.1 Check your belly: Donors are still giving up at rapid rates. The overall donor retention rate was 43.6% , a 4.1% drop from the 2019 rate of 45.4%. .

Donor 98

Donor Giving Retention Gift 98

M+R

APRIL 16, 2024

And, finally, update your GA4 Explorations data retention settings from the default (2 months) to 14 months so this critical data isn’t being lost. Many participating organizations also were limited to pulling only the last 2 months worth of GA4 data due to the change in default GA4 data retention settings. Give it a read here !

Benchmark 40

Benchmark Analytics Google Comparison 40

Volunteer Hub

AUGUST 1, 2021

Here are 5 strategies to incorporate into your retention plan this year. According to the Corporation for National & Community Service, the average volunteer retention rate in 2019 was 65%. Studies have shown that the average volunteer commits 52 hours a year to volunteerism, and each hour is worth around $28.54.

Volunteer 97

Volunteer Retention Skills Studies 97

Connection Cafe

JANUARY 17, 2020

Conducting a comprehensive feasibility study is a critical first step in every major fundraising effort. In my experience, the how and who aspects of the study are where many organizations tend to falter. Here are some tips to help guide you through a successful study: The How — Asking The Right Questions. How best to do that?

Studies 41

Studies Campaign Fundraising Interview 41

Qgiv

JUNE 8, 2021

In terms of donor retention, FEP measures three specific donor retention rates: the overall average donor retention rate (donors of all types regardless of recency/frequency), the average retention rate of first-time donors (those who have only given one gift), and “repeat” donors (donors who gave last year and in prior years).

Report 52

Report Project Effective Retention 52

Volunteer Hub

DECEMBER 13, 2021

Here are 5 strategies to incorporate into your retention plan going into the new year. According to the Corporation for National & Community Service, the average volunteer retention rate in 2019 was 65%. The secret to volunteer retention going into 2022 is a combination of strategies.

Volunteer 85

Volunteer Retention Skills Studies 85

Nimble AMS

MAY 25, 2022

An AMS is an invaluable tool to optimize your operations and boost member recruitment and retention. . Promote the placement service’s success rate on your association website to encourage potential members to join and receive this valuable resource. . A modern platform. Here’s how to develop your program: .

Associations 130

Associations Technology Adopt Industry 130

Bloomerang

FEBRUARY 27, 2024

The minute you understand and act on this, your retention rates will rise. It’s worth noting that a recent study by Philanthropy Daily found that 49% of lapsed donors who hadn’t made a gift in at least two years believe themselves to be current donors. In one Harvard Study , 10-15 years longer.) How lapsed is “lapsed”?

Donor 81

Donor Rhode Island Gift Tennessee 81

Nimble AMS

JUNE 22, 2022

According to the Community Brands 2022 Association Trends Study, members are more likely to be satisfied and invest in their organization if it’s an early adopter of technology—but less than 20% of association professionals feel very technologically prepared for the future. Why does this disconnect occur? Learning program.

Experiment 122

Experiment Tech Tips Associations 122

Nimble AMS

APRIL 29, 2022

T he Community Brands Association Trends Study found 5 7 % of association members are more likely to attend i n-person events if their friend or co-worker plans on attending. The Community Brands study discovered 41% of association members value training opportunities as one of the most important membership benefits.

Associations 118

Associations Strategy Sponsor Industry 118

Nimble AMS

SEPTEMBER 14, 2022

According to the Community Brands 2022 Association Trends Study, over half of association professionals say investing in business intelligence and data analytics is a top priority, yet only one-third would rate their organization’s data as excellent or very good. What is the state of your association’s data?

Associations 136

Associations Data Benefit Practice 136

sgEngage

NOVEMBER 10, 2023

57% of donors are enrolled in a recurring giving program, up 46% from the previous year according to a 2023 360MatchPro study. Increases Retention Rates and Donor Life Cycle With each recurring donation, your organization may send thank-you notes with suggestions to stay engaged beyond financial support. And donors like it.

Donation 52

Donation Blackbaud Retention Gift 52

Pamela Grow

JUNE 28, 2023

According to a recent study by Campaign Monitor , email marketing has an astonishing ROI of 4400%! A study by Edgerank Checker found that Facebook posts from nonprofit Pages only reached an average of 7.7% And while those numbers might seem modest, when you compare them to social media engagement rates, they become truly impressive.

email 52

email Rate ROI Social Media 52

Volunteer Hub

MAY 18, 2023

A study by the Corporation for National and Community Service found that nonprofits that regularly use volunteer surveys are more likely to have higher volunteer retention rates. How would you rate the clarity and effectiveness of communication between staff and volunteers?

Survey 72

Survey Volunteer Impact Data 72

Bloomerang

FEBRUARY 8, 2022

Studies show that branding your donation pages and creating event-specific graphics will increase your donations significantly. It all comes down to your donor retention strategies. Another way to increase your retention rate is by asking the donor to turn their one-time donation into a recurring donation.

Hosting 115

Hosting Practice Fundraising Retention 115

Bloomerang

SEPTEMBER 16, 2021

Then, you can increase your retention rate and create a stronger base of support. . Bloomerang customers have the advantage of leveraging a donor database solution designed by fundraising experts to help nonprofits improve donor retention rates and raise additional funds. Engage your volunteers. Always say thank you.

Story 77

Story Examples Learning Tips 77

Pamela Grow

OCTOBER 30, 2023

According to the latest M+R Benchmarks Study , monthly giving increased by 11% in 2022, making up 28% of all online revenue. Get a holistic view of prospective donors’ involvement by studying factors like event attendance, time spent volunteering, response rates to emails, whether they are signed up for your newsletters, and so on.

Analytics 52

Analytics Data Giving Metrics 52

Nonprofit Tech for Good

APRIL 22, 2013

Until recently the nonprofit pioneers of the Social Web had to mostly rely on their intuition that their social media campaigns were resulting in more dollars raised online, an increase in brand and cause awareness, and higher rates of volunteer recruitment and retention. That said, congrats to the early adopters!

Social Media 279

Social Media Awareness Causes Stats 279

Qgiv

OCTOBER 11, 2023

We’ve been studying the use of business intelligence in the fundraising space for a dozen years and our conclusion. Has your donor retention rate increased, decreased, or remained flat? For that information, you would need to keep track of the rate—ditto for donor acquisition and upgrading.

Measure 52

Measure Business Retention Profile 52

Nimble AMS

JULY 11, 2022

According to the Community Brands 2022 Association Trends Study , member priorities have shifted to tangible, personal benefits. Doing so provides members with an ongoing benefit that boosts retention and engagement. . What kind of benefits are members looking for when they join an association? Build interest with non-members.

Integration 108

Integration Experiment Software Associations 108