article thumbnail

How to Improve Fundraiser Retention

NonProfit PRO

For this reason, Greg Warner, CEO and founder of MarketSmart, shared four practical recommendations for raising retention rates. Research going back almost two decades has shown disturbingly high turnover rates and low morale plague fundraising professionals.

article thumbnail

Focus on Donor Retention This Year

NonProfit PRO

You cannot take any donor for granted, and the cultivation process, with an emphasis on donor retention, should continue year-round for each donor in your portfolio. Here are some helpful strategies you can implement to promote donor retention.

Donor 239
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Download the Definitive Donor Retention White Paper: Using Donor Retention and Data Mining Strategies to Create Sustainable Fundraising Programs

NonProfit PRO

Start your new year off right with this essential resource for 2023 success!

Donor 213
article thumbnail

Download the Definitive Donor Retention White Paper: Using Donor Retention and Data Mining Strategies to Create Sustainable Fundraising Programs

NonProfit PRO

Start your new year off right with this essential resource for 2023 success!

Donor 207
article thumbnail

‘Tis the Season for Member Retention – On-Demand

Association Analytics

The post ‘Tis the Season for Member Retention – On-Demand appeared first on Association Analytics.

Retention 321
article thumbnail

3 Steps to Create the Ultimate Donor Retention Plan

NonProfit PRO

However, effective donor retention is possible with a retention plan that takes into account why your donors give to your nonprofit, works to build personal connections and gives donors the flexibility they need to continue giving to your organization. .

Donor 261
article thumbnail

White Paper: Using Donor Retention and Data Mining Strategies to Create Sustainable Fundraising Programs

NonProfit PRO

The Definitive Donor Retention White Paper

Donor 130
article thumbnail

[FREE WEBINAR] How to Grow Donor Retention in 2022: Ask, Thank, Report, Repeat!

Nonprofit Tech for Good

Effective donor retention strategies require you to determine your baseline, define success, and measure your progress toward your goals through reporting. So at their most basic, how do your donor retention strategies work? In this webinar , you’ll learn how to: Calculate your donor retention rate. Cost: Free.

Donor 313
article thumbnail

7 Ways Nonprofits Can Automate Donor Retention

Nonprofit Tech for Good

Donor retention is a crucial aspect of a productive fundraising strategy. While a good deal of time and resources will be dedicated to this effort, certain aspects of donor retention can be made easy. Here are seven excellent methods of increasing donor retention and how to automate them. First impressions are essential.

Donor 336
article thumbnail

How to Improve Donor Retention in a Subscription Economy

NonProfit PRO

Research has shown a subscription model for recurring giving programs can boost retention by nearly 30%. Join us to learn how to increase donor retention in your monthly giving program.

Donor 141
article thumbnail

Are you getting the most out of your retention data?

Association Analytics

If you’re responsible for member retention, you have your renewal rate committed to memory, right? You are most likely doing everything you should — calculating your retention rate on a regular basis, being consistent in your retention formula and sharing results with key stakeholders.

Retention 169
article thumbnail

7 Ways to Prioritize Donor Acquisition and Retention This Year

NonProfit PRO

Industry benchmarks reveal just 23% of first-time online donors return, compared to 64% of existing online donors. And over the last decade, nonprofits have continued to raise more funds from fewer donors. These statistics underscore the importance of not only keeping your donors, but also acquiring new ones

Donor 312
article thumbnail

5 Reasons Nonprofit Organizations Should Apply Now for the Employee Retention Credit

NonProfit PRO

The Employee Retention Credit (ERC) was one of the government tax incentives passed to encourage eligible employers to continue paying employees and keep their businesses running during the economic fallout of the coronavirus.

Retention 240
article thumbnail

‘Tis the Season for Member Retention – 12/14/22

Association Analytics

The post ‘Tis the Season for Member Retention – 12/14/22 appeared first on Association Analytics.

Retention 169
article thumbnail

[Free Webinar] How to Maximize Donor Retention and Raise More for Your Organization

Nonprofit Tech for Good

In this free webinar , you’ll learn two strategies that will allow you to maximize donor retention and raise more: With Social Impact Solutions, you’ll learn how to leverage storytelling to advance your cause. But how do fundraisers know where to invest and what strategies will help them raise more for their causes?

Donor 164
article thumbnail

Nonprofit Donor Retention 101: Always Do This

Bloomerang

For as long as the Fundraising Effectiveness Project has measured nonprofit donor retention it has been abysmal. Donor and dollar retention rates have averaged well below 50% for over a decade, and it’s been getting worse over time. Long-term retention (5+ years) is now 10% or less. “ People give.

Donor 119
article thumbnail

Donor Retention and an Oprah Winfrey Moment

NonProfit PRO

Come with me as we explore new insight into donor retention. Hold on to your seat — you are in for a big surprise. And there’s a free prize inside, too. Right now, I am going to give your organization 100 brand new donors; and you get 100 new donors; and you get 100 new donors; and you get 100 new donors.

Donor 162
article thumbnail

The State of Nonprofit Donor Retention (And What To Do About It)

EveryAction

This means for most nonprofit organizations, reducing donor losses—and increasing donor retention—is the most affordable strategy for meeting their fundraising goals and powering their purpose. Donor retention is currently low. Unfortunately, across the nonprofit sector, donor retention rates are low and getting worse.

Donor 177
article thumbnail

Donor Retention – A Guide for Nonprofit Organizations

DonorPerfect

By Mallory Erickson Nonprofit organizations across the world are struggling with donor retention, with the average retention rate hovering around 45%. Of course, donor retention benchmarks vary depending on many factors, including the type of nonprofit. Contributors who Read More ».

Donor 122
article thumbnail

Rethinking Recruitment and Retention Goals

VQ Strategies

For decades, volunteer engagement was summed up in 3 Rs: “Recruitment, Retention, and Recognition.” While recruitment efforts have evolved, so have perspectives on retention. The COVID-19 pandemic challenged the definition of retention even more dramatically. Recruitment. What else is part of your recruitment success story?

article thumbnail

Are you getting the most out of your retention data?

Association Analytics

If you’re responsible for member retention, you have your renewal rate committed to memory, right? You are most likely doing everything you should -- calculating your retention rate on a regular basis, being consistent in your retention formula and sharing results with key stakeholders. Retention rates aren’t one dimensional.

Retention 192
article thumbnail

5 Ways to Build Relationships and Increase Donor Retention

Bloomerang

The post 5 Ways to Build Relationships and Increase Donor Retention appeared first on Bloomerang.

Donor 87
article thumbnail

Donor Retention Webinar June

Bloomerang

The post Donor Retention Webinar June appeared first on Bloomerang.

Donor 88
article thumbnail

A Guide to Donor Retention

Bloomerang

A Guide to Donor Retention. What is Donor Retention? If you’re a fundraiser or nonprofit development professional, you’ve likely heard the term “donor retention.” But what is donor retention? Quite simply, donor retention is a measure of how many donors continue to donate to your organization.

Donor 92
article thumbnail

Elevate your Donor Stewardship and Retention Rates

NonProfit PRO

GiveSmart Donor CRM is a new, modern, user-friendly tool to make donor management efficient and easy for nonprofits like yours.

Donor 222
article thumbnail

The $50K Monthly Giving Mistake: Why Retention Rates Matter

NonProfit PRO

Join Jake Munaker, CharityEngine payment processing expert, as he demonstrates subscription billing insights that can increase retention and save anywhere from $50,000 to $5,000,000 in revenue! Free Webinar: Beware of the wrong math – and the wrong technology - when it comes to sustainers. For Sustainer Programs of 400+ monthly donors).

Retention 130
article thumbnail

Donor retention for small shops

Charity Village

Why is donor retention important? The post Donor retention for small shops appeared first on CharityVillage. Let’s start with a simple example. A new organization with a strong mission has a crowdfunding campaign. Unfortunately, as time goes on, many of the new donors from the campaign do […].

Donor 98
article thumbnail

Nonprofit Success: Increase Donor Retention for Your Giving Tuesday Donors

Bloomerang

The post Nonprofit Success: Increase Donor Retention for Your Giving Tuesday Donors appeared first on Bloomerang.

Donor 97
article thumbnail

6 Ways to Use Your CRM for Better Donor Retention

NonProfit PRO

The beauty of using a customer relationship management (CRM) tool is that it gives you a place to house your donor information and creates automated processes and background information to guide you in continuous engagement.

Donor 247
article thumbnail

Donor Retention Spreadsheet

Bloomerang

The post Donor Retention Spreadsheet appeared first on Bloomerang.

Donor 62
article thumbnail

Four easy ways to boost member appreciation and increase retention

Nimble AMS

But did you also know that increased member appreciation can help to boost retention efforts at your association? Show your members you care by offering benefits they actually value. How to increase retention by showing member appreciation through top member benefits . Here’s how to get started. . C ontinuing education.

Retention 106
article thumbnail

How to Use LYBUNT and SYBUNT Reports to Raise Donor Retention

DonorPerfect

The post How to Use LYBUNT and SYBUNT Reports to Raise Donor Retention appeared first on Nonprofit Technology & Fundraising Blogs. These reports will give you the information you need to analyze your donors, find out who hasn’t given this year, and use that information to re-engage these important contributors. LYBUNT Read More ».

Donor 98
article thumbnail

Nonprofit Donor Retention 101: Always Do This

Bloomerang

For as long as the Fundraising Effectiveness Project has measured nonprofit donor retention it has been abysmal. Donor and dollar retention rates have averaged well below 50% for over a decade, and it’s been getting worse over time. Long-term retention (5+ years) is now 10% or less. “ People give.

Donor 78
article thumbnail

Volunteer Retention: What Makes them Stay?

Volunteer Hub

With the value of a volunteer hour approaching $29 in 2022, now is the time to focus on retention and better utilize your existing volunteer contacts. Simply put, to reduce turnover and increase retention, volunteers must be pleased with the environment in which they work and motivated by the tasks to which they are assigned.

article thumbnail

Struggling With Donor Retention?

NonProfit PRO

Nonprofits typically lose over 50% of their donors every year. With new donor acquisition costing 10-20x more than retaining existing donors, it's time to dig deep into your database and come up with a plan to re-engage the constituents that have fallen off your radar.

Donor 130
article thumbnail

[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. ., CFRE, our very own Fundraising Coach , also known as Charity Clairity.

Retention 103
article thumbnail

Supporter Retention: 5 Ways To Improve Supporter Relationships

Care2

As a nonprofit professional, you’re likely always thinking about ways to improve your supporter retention rate. Your retention rate measures how many supporters (donors, volunteers, ambassadors, community partners, etc.) continue helping your nonprofit over time.

article thumbnail

Now Is the Time To Focus on Donor Retention

NonProfit PRO

I was going through my resource development library with specific interest to the month of January. What should my job focus be this month with respect to donors? Since the heaviest concentration of time for donor solicitation has recently passed, what should you be doing at this time of the year?

Donor 241
article thumbnail

9 Proven Ways to Increase Member Retention Right Now

Wild Apricot

Here are 9 proven ways to increase member retention — featuring expert advice, real life examples, research, and more. By the end, you'll have the blueprint to create a solid strategy to start increasing member retention at your organization right away.

Retention 137
article thumbnail

The NonProfit Voice Ep 56: The Importance of Peer-to-Peer Participant Retention — and How To Do It

NonProfit PRO

This podcast will examine the best tactics for peer-to-peer participant retention, which starts at each participant's initial event signup, to help grow your event as well as fundraising dollars raised. Nonprofits put a lot of time, energy and money into acquiring peer-to-peer event participants, so it's vital to retain them year-over-year.

Retention 130