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Storytelling has become a hot topic in non-profit fundraising. It went from something that you almost never heard about just a few years ago, to the topic of numerous books , websites and conferences today. There’s a reason for this change: storytelling is extremely important to good fundraising. As fundraisers, we need to be carrying on a constant conversation with our donors.
During this time of economic uncertainty, many organizations are renewing their focus on higher-value donors to generate revenue and build relationships that will keep them engaged with their mission. Here are seven strategies to elevate your current mid-level donor experience.
By Sean Kosofsky , is the Nonprofit Fixer and founder of Mind the Gap Consulting. He offers courses, consulting, and coaching to transform your organization and your leadership. Nonprofit organizations have a lot of challenges relating to fundraising. Nonprofits need every tool possible to entice donors to join and then stick around for years. Some organizations use donor perks or benefits to do this.
Even small associations tend to stack layers of management like the cake at a royal wedding. As many as five tiers of responsibility (junior positions, middle managers, executive staff, committees, and the board of directors) are not unusual. Depending on the circumstances, these levels either promote efficiency with short, clearly defined reporting lines or create a long, perilous climb before ideas reach decision-makers.
Speaker: Tim Sarrantonio, Director of Corporate Brand
Do you really know your donors? Not just what they give, but who they are? 👥 In this interactive session, we’ll break down how nonprofits can use behavioral indicators (affinity, recency, frequency, and monetary value) to build prospecting segments that go beyond wealth screening and actually align with donor identity. You’ll walk away with practical strategies to move beyond basic demographics and cultivate supporters based on how they already engage with you!
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. But are you truly leveraging that information? Are you using it to increase revenue and lower costs per renewal?
I know it feels hard at the moment, but if I could go back and do one thing differently during this time of year, it would be to spend more time planning what I needed to do in the first two weeks of January.
I know it feels hard at the moment, but if I could go back and do one thing differently during this time of year, it would be to spend more time planning what I needed to do in the first two weeks of January.
In 2022, Facebook revealed that it has 2.9 billion monthly active users. YouTube has 2.3 billion, and Instagram has 2 billion. Social media platforms are a great place to connect with people who are passionate about the cause your nonprofit is working for. If your nonprofit posts interesting and interactive content and engage regularly on the platform, you can attract donors and supporters who will help your organization spread the word about the work you’re doing.
A recent analysis of millions of teleconferenced meetings suggests that remote workers increased their engagement with colleagues between 2020 and 2022, contrary to previous assumptions. The results have limitations but show that work-from-home interactions changed over time without decreasing frequency.
Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX , and is likely to request his extradition. The Office of the Attorney General of the Bahamas issued a statement today, which was reported by BNO and other news outlets , that it would hold Bankman-Fried in custody until “a formal request for extradition is made.”.
For your fundraising efforts to continue to be effective, your communications must reach the right people and stand out. The good news is that there is technology out there that can support your fundraising efforts in today’s challenging fundraising environment.
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
The South China Morning Post reports that an editorial post in the Chinese nationalist tabloid Global Times slammed TSMC's investment in its Arizona plant as "a dark turn" in the global semiconductor industry.
If you’re ready to buy donor management software, fill out this form and a member of our team will reach out to show you how you can use Bloomerang to raise more funds and make a bigger impact. It’s a busy time of year, which means your time and resources are likely stretched thin. You’re probably looking at your to-do list and wondering what you can put off until next week, next month, or even next year. .
Have you ever wondered why some nonprofits seem to raise money again and again while others struggle? Their success is based on relationships and donor-centric philanthropy. Here are some ways that your organization can build and utilize this type of communication.
Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.
Like a special package under the tree, we have new solutions ready for the holidays. All wrapped-up and ready to delight, our CommunityOS®️ platform is designed to support your government grant funding opportunities. These proven solutions have been used by the American Red Cross, United Ways, city, county and state governments, and hundreds of nonprofit organizations, including by a national group of trusted VOAD partners.
Kommersant business daily (via Tom's Hardware), citing sources close to Russia's Ministry of Digital Development and in the electronics market, writes that the Chinese government has banned the supply of Loongson processors based on its own LoongArch architecture to the Russian Federation and other countries.
Looking for a few easy upgrades that are light on the budget but will start you off strong in 2023? Matrix Group Creative Director Alex Pineda and Lead Front-End Developer Jaime Quiroz have suggestions for a few simple upgrades and updates you can make that will improve your user experience, give you more accurate data, and help you better serve your members. 1.
When a role is created with an employee in mind, you know they’ve made an impact on their organization. For Patricia Squires, that is her story. Over the course of a decade, she has been making deep connections with donors at Angela Hospice, resulting in her acclaim as Nonprofit PRO’s 2022 Unsung Hero.
Speaker: Tim Sarrantonio, Director of Corporate Brand
Is your organization ready to build a recurring giving program that not only sustains but also propels your mission forward? 🚀 In this new webinar with industry visionary Tim Sarrantonio, we’ll guide you through the critical steps to establishing and scaling a successful recurring giving program. Whether you’re starting fresh or enhancing an existing program, this session will provide the strategies you need to deepen donor relationships and secure long-term support!
Did you know as many as 81% percent of new donors don’t return to give again? And only 43% of all donors remain loyal? . Donor attrition has gotten worse over time. It’s also the number one reason you’re raising less money than you could. You’re Leaving Money on the Table. I don’t mean to be harsh, but this is the truth. . Donors tell us this all the time, both with words and actions.
Is your association looking to crack the Gen Z code? While we can ’t promise we have all the answer s, this blog offers vital facts about the important young professionals that your organization is so eager to recruit. If Gen Z isn’t yet on your radar, it really should be. Statista estimates there are 68.6 million Generation Z Americans. While not quite as large a demographic as Millennials , Gen Z is historically the most racially and ethnically diverse generation to date.
Speaker: Andrew Olsen, CFRE - EVP, Fundraising Solutions at DickersonBakker | Kat Landa, CFRE, CSD - SVP, Talent Solutions at DickersonBakker
Across the nonprofit sector, organizations invest heavily in donor retention efforts, yet the struggle of cultivating lasting relationships remains. While attracting new donors is crucial, the lack of repeat donors poses significant financial risks. Through a comprehensive analysis of industry data, experts argue that there is a direct correlation between donor burnout, donor retention, and the talent retention crisis.
Wouldn’t life be easier if people opened and read your fundraising emails? And even better, RESPONDED to them by clicking the Donate Now button? It’s frustrating to spend precious time and effort drafting a request for support only to hear crickets. Maybe you check your open rate and see that only 25% of your audience bothered to open the email you spent hours writing. ( That’s average. ).
Backblaze has kept records for most of the hard drives used in its cloud storage business. Since 2009, the San Mateo-based corporation purchased 265,332 HDDs and kept meticulous records of each one.
‘ Tis the season of holiday parties , bak ing delicious treats, and preparing to i mplement association management software (AMS) in the new year! Is your association updating its software budget and attempting to get staff buy-in for your innovative AMS? We’re here to guide you through your AMS implementation with three key ingredients to ensure y our association has a recipe for software success.
Currently serving as Nicholas president and CEO at Boys and Girls Clubs of Boston (BGCB), Lewis has been honored with NonProfit PRO's 2022 Lifetime Achievement Award.
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
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