Bloomerang

JANUARY 7, 2022

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.

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Retention Donor Guide Rate 86

Bloomerang

MAY 10, 2022

Every member of your nonprofit team already knows how to build strong relationships with friends, co-workers, family members, significant others, and more. Magic happens when you build those kinds of relationships with your prospects and donors. We’ll explore: How does donor stewardship impact donor retention?

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Relationship Donor Build Tips 97

sgEngage

OCTOBER 27, 2021

Employer matching gifts offer ample benefits to each stakeholder, including the company matching the gift, the employee making the initial donation, and the nonprofit receiving the funds. . Some of the most notable advantages to nonprofits from employer matching gifts include: Added fundraising revenue. Improved donor retention.

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Gift Benefit Ratio Nonprofit 91

Bloomerang

AUGUST 7, 2023

It’s the reason so many donor programs have retention rates representing three steps forward, two steps back. And it’s why the way we’re used to categorizing gifts as small, medium, and large (or “new,” “mid-level,” and “major”) may not be the most fruitful strategy. Let’s stop giving gifts, and donors, these outdated labels.

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Gift Donor Time Mail 71

Nonprofit Tech for Good

APRIL 21, 2022

making donors feel appreciated goes a long way toward building long-lasting relationships. Receiving that small gift—along with annual updates on how “their” animal is doing—is measurable, touchable, huggable proof that an annual subscription is a big deal. Building Lasting Relationships Boosts Donor Retention.

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Donation Impact Donor Social Media 317

The Modern Nonprofit

MARCH 26, 2024

By using cause-specific language that clearly conveys the urgency of needs on the ground, you can compel donors to take immediate action through their communications across channels. Segmenting new donors based on demographics, interests and preferred channels can enable more personalized outreach. This builds a connection.

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Support Donor Community Retention 52

sgEngage

NOVEMBER 15, 2022

At this year’s virtual bbcon, Ashley Thompson (Managing Director, Blackbaud Institute) and Lawrence Henze (Analytics Architect, Senior Principal, at Blackbaud) expanded on the data and insights from this report to offer a roadmap to build a strategy for resiliency. During uncertain times, alternative sources of giving typically rise.

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Build Strategy Blackbaud Philanthropy 77

Kindful

FEBRUARY 25, 2021

There was a time not too long ago when digital channels like email, social media, and text messaging were seen as complementary to direct mail: the cornerstone of any robust donor communications strategy. This isn’t to say that the pendulum should swing all the way back, eschewing digital channels for an analog-only approach.

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Mail Relationship Digital Donor 52

Network for Good

MAY 14, 2021

Let’s address the elephant in the room… donor retention. As a sector, we place too much emphasis on one-time gifts. Last year, for the first time we saw that retention dropped year over-year, while donors grew year-over year. What would it mean for your nonprofit if you had 70% donor retention? Segment donors.

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Giving Retention Stream Music 86

Neon CRM

AUGUST 18, 2023

Giving and receiving gifts extends to others. In a season when many people are participating in gift-giving holidays, they’re inspired to give back to a worthy cause. Your plan should include your campaign’s messaging, theme, channels, and follow-up plan, for starters. It’s their last chance to make tax-deductible donations.

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Campaign Giving Tips Mail 98

Nimble AMS

NOVEMBER 27, 2022

When you say “thank s , ” you strengthen the relationship between a donor and an association , building greater trust and a stronger connection. To nurture your donor relationships, check in on your donors, sending them thank you not es and updates on your campaign. Thanking repeat donors also helps to boost future gifts.

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Associations Donor Gift Tips 121

Allegiance Group

JUNE 28, 2024

Say you receive a meaningful planned gift from someone who isn’t in your donor file and hadn’t previously shown up on your radar as a prospect. You need to recognize the gift and thank the family. Have your attorney send an official letter acknowledging the gift and consider it a stroke of fortuitous generosity.

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Donor Files Gift Game 59

NetWits

JUNE 13, 2011

If we are to tackle this situation (and improve the retention rates of all supporters) we need to look again at our websites and ask ourselves if they give donors what they want? The study confirms what we already know: online donors are younger, have higher incomes and give larger initial gifts than offline-acquired donors.

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Channel News Mail Blogger 118

Neon CRM

MAY 17, 2024

If you’re not, you’re missing out on a valuable way to build real connections with them! A phone call gives you the opportunity to build real personal connections with the people who support you. With most nonprofit communications largely limited to digital channels like email and social media, calling your donors really stands out.

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Support Donor Phone Gift 88

Nonprofit Tech for Good

JANUARY 13, 2020

Many nonprofits fear that asking a donor for additional support, after they’ve already made a donation, will turn them off from making future gifts. Once you’ve thanked your donors , you can add another call-to-action to the page that will encourage them to continue engaging with your organization and help build a lasting relationship.

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Action Donation Mobile Social Media 329

Qgiv

SEPTEMBER 2, 2024

Donor management software enables you to organize your donor information, track gifts, and strengthen your donor engagement. Matching gift software automates the process of your donors using corporate gift matching programs to double their gift’s impact. In fact, 67% of nonprofits use a CRM.

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Software Effective Nonprofit Collaboration 98

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 Recaptured donors (whose last gift was two or more years ago) were up nearly 14%. The overall donor retention rate was 43.6% , a 4.1% Gifts of less than $250 grew by 15.3%.

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Donor Giving Retention Gift 101

Qgiv

AUGUST 21, 2024

Bloomerang was designed by fundraising experts who understand the importance of donor retention for sustainable organizational growth. 360MatchPro | Top matching gift software 360MatchPro is the leading matching gift automation platform that helps nonprofits make the most of corporate philanthropy programs to raise fundraising revenue.

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Software Fundraising Platform Contact 98

Bloomerang

JUNE 26, 2023

Based on survey results, we found that fundraising success is determined by the media channels nonprofits use to share their message and mission. Determining where to start and what channels are most worthwhile can be confusing, especially when staff capacity and external pressures are involved.

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email Campaign Marketing Fundraising 79

EveryAction

AUGUST 25, 2022

Whether you’re looking to contact lawmakers, gather petition signatures, or mobilize public support using social media, you can measure and increase support for your mission by presenting your audience with a digital form across their preferred channels. Building stronger supporter connections—even in economic uncertainty.

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Advocacy Digital Fundraising Channel 130

Bloomerang

JULY 5, 2021

Do you know what your retention rates are or how to increase donor loyalty? The sorry state of donor retention has been a topic of discussion for at least the past decade, since the Fundraising Effectiveness Project Report began collecting data. Yet too many nonprofits still don’t prioritize donor retention strategies. .

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Donor Strategy Retention Relationship 141

Bloomerang

MAY 15, 2023

The data in your CRM can help you raise more money, improve your donor retention, and even attract new supporters to your cause. Build Supporter Journeys A supporter journey is the series of interactions a supporter has with your organization. Your nonprofit CRM is much more than a storage space for addresses and phone numbers.

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Data Gift Relationship Interaction 96

Allegiance Group

APRIL 15, 2024

It starts with a detailed analysis of your donor base, including average gift size, retention rates, and cost per acquired donor. Then, once you understand your audience members and which strategies resonate with them, you can build a strategy. What is the difference between donor acquisition and retention?

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Fund Donor Strategy Search 52

sgEngage

OCTOBER 11, 2023

No matter what your mission is, you’re probably dedicating significant resources to finding potential supporters and getting that first gift. And with donor retention rates on the decline, new donor acquisition is a constant topic of conversation. I’m sure you’re using at least one of these social media channels.

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Donor Social Media Websites Content 93

Neon CRM

MAY 16, 2024

For example, Neon CRM users can create groups based on gift size, initial donation type (online, direct mail, or in person), their level of engagement (one-time donation versus recurring donors, for example), or the campaign that prompted their gift. Did it say, “Thanks for the gift!” This will help you achieve a few ends.

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Donor Chicago Gift Children 95

Network for Good

MAY 14, 2021

Let’s address the elephant in the room… donor retention. As a sector, we place too much emphasis on one-time gifts. Last year, for the first time we saw that retention dropped year over-year, while donors grew year-over year. What would it mean for your nonprofit if you had 70% donor retention? Segment donors.

Giving 52

Giving Retention Stream Music 52

sgEngage

MAY 27, 2021

Key fundraising metrics like donor retention rate, donation frequency, and fundraising return on investment (ROI). For example, if you discover your donor retention rate is falling, you can focus more time and resources on donor stewardship in the months leading up to GivingTuesday to boost retention. Wealth indicators.

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Giving Metrics Retention Demographics 122

Bloomerang

DECEMBER 19, 2023

Segmentation and personalization: The secret of savvy fundraisers Categorizing your donors into segments and then tailoring your strategies and communications can maximize engagement, retention, and contributions. Prioritize them for meaningful updates, impactful projects, and major gift solicitations. And that’s okay.

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Giving Retention Causes Database 57

Get Fully Funded

JUNE 14, 2023

Consider your communication channels. Consider which types of communications result in higher engagement and which channels these communications take place through. Ask your donors which channels they would prefer your nonprofit use to reach out to them. Phone call. Social media. How frequently does the donor give?

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Communication Personal Donor Nonprofit 59

Bloomerang

MAY 31, 2022

Whether you’re looking to take an improved approach to your existing strategy or design a new plan from scratch, this guide will steer you through the process of building a fundraising strategy. 10 steps to build your fundraising strategy. Major gifts. Your fundraising strategy should focus heavily on cultivating major gifts.

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Strategy Develop Fundraising Nonprofit 105

sgEngage

APRIL 10, 2023

For example, if you discover your donor retention rate is falling, you can focus on donor stewardship in the months leading up to Giving Tuesday to boost retention. To expand your audience, consider how you can take a multi-channel marketing approach. Explore advertising opportunities such as: Your email newsletter.

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Demographics Retention Donor Campaign 81

Bloomerang

MAY 26, 2021

This is the step where you determine which channel you will use to acquire donors. While some advice may suggest starting with determining a channel, the reality is, if you want the best results, you need to know who your audience is FIRST—and let that drive your decision about which channel you think they will respond to. .

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Program Donor Tips Channel 120

Bloomerang

AUGUST 21, 2023

Craft personalized thank-you messages and updates to strengthen relationships with donors and enhance donor retention. Diversify fundraising channel s: The report documents shifts in donor behavior and preferences. Further, many capital campaigns overlook the need for reserve funds to maintain the new or renovated building.

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Action Report Practice Fundraising 75

Nonprofit Tech for Good

JUNE 23, 2020

According to the 2020 Benchmarks Report , revenue from monthly gifts increased by 22% in 2019 and now accounts for 17% of all online revenue for nonprofits. For example, the Nature Conservancy offers both honor gifts and memorial gifts – each with their own donation page. 3) Launch a Tribute Giving Program.

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Practice Online Fundraising Nonprofit 342

Allegiance Group

JUNE 7, 2023

In this guide, we’ll explore the basics and best practices you can follow to retain existing donors, get them reinvested in your cause, and build stronger donor connections: 3 Individuals and Organizations to Ask for Donations 10 Ways to Get Donations for Your Fundraiser How Can Nonprofits Get Donations for a Fundraiser? Foundations.

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Donation Practice Fundraising Gift 52

Qgiv

JUNE 23, 2021

When developing a fundraising strategy, your best bet is to concentrate on two areas: your most productive donor groups and high-impact donor recruitment and retention. Your fundraising strategy should include plans for donor acquisition and retention with an emphasis on recruiting high-impact donors. Gift range chart.

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Campaign Effective Fundraising Nonprofit 98

Get Fully Funded

JANUARY 24, 2024

The work you do wouldn’t be possible without the generous support of your donors, so it’s vital that you work to build genuine relationships that inspire them to continue giving. Create templates for campaign updates and fundraising appeals that fill in with each donor’s name, gift size, and tangible impact.

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Relationship email Donor Wisconsin 59