Remove Arts Remove Metrics Remove Rate Remove Retention
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5 takeaways from the Fundraising Effectiveness Project’s 2023 data

Candid

The Q4 2023 Quarterly Fundraising Report , released in April, found significant year-over-year declines across all metrics for 2023, including the number of donors, total dollars raised, and retention rates. The retention rate, by contrast, fell 2.5% The retention rate, by contrast, fell 2.5%

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Decoding Nonprofit Research: Ensuring Authenticity Over Marketing Hype

Neon CRM

Fundraising Effectiveness Project (FEP) The Fundraising Effectiveness Project (FEP) is the industry standard for donor retention stats and other related donor engagement metrics. Every quarter, FEP provides a new set of updates on key performance indicators like new donor acquisition rate or changes in fundraising trends and patterns.

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What is a Donor Management System?

Saleforce Nonprofit

Picture this: you’re the executive director of a small but fast-growing arts and culture nonprofit organization. Patrick Bryden helps drive iWave’s target market awareness as well as increase both new customer acquisition and client retention. This post was originally published on 7/29/2019 and updated on 8/11/2022. Pretty neat, right?

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Six Steps On The Leadership Journey Of Development Professionals

Bloomerang

Systematically keep track of the following: Donor metrics: Who are your supporters, and what interests do they share? You’re able to see, for individual donors and for the organization overall, the number of asks made, gifts obtained, average size of major gifts and donor retention rate. Organized recordkeeping is key.

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10+ Fundraising Best Practices for Nonprofits

Qgiv

Fundraising is both an art and a science. Establish a recurring donation program An efficient way to grow donations and improve donor retention is through recurring giving. In fact, a 2016 study showed that monthly recurring donors have a 90% retention rate compared to the average donor retention rate of 46%.

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Looking to Be More Data-Driven? For Nonprofits, KPIs Start with Goals

Connection Cafe

In fact, companies with digitally literate board members significantly outperformed their peers on key metrics. All this technology and data have made it possible for nonprofits to use a range of metrics to measure growth and performance. Not all metrics are KPIs. Not every metric can be “key.”. What is a KPI?

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10 Steps to Planning a Fundraising Silent Auction

Qgiv

To determine these target metrics, look to past events and other similar experiences from competitive organizations. Art & History Museums Maitland is planning a virtual 3-day online art auction for summer 2021. Make sure you use multiple channels and take insight from past data and metrics for guidance.