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5 Ways Nonprofits Can Diversify Funding in 2023

Nonprofit Tech for Good

Let’s dive into five ways that nonprofits can diversify funding in 2023: Monthly Giving and Pledges. Major Gifts. 1) Monthly Giving and Pledges. There are two types of recurring giving: Monthly Giving Programs and Donation Pledges. What are Donation Pledges? Pledges are typically paid in installments.

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3 Ways to Spotlight Your Monthly Giving Program on #GivingTuesday

Nonprofit Tech for Good

Monthly Gifts: A Perfect Way For Millennials To Pitch In . And don’t forget that as they move up in their careers, millennials will increase their gift amounts to you substantially. Millennials aren’t the only group who will jump at the chance to give monthly. 3) Lead with the impact of a monthly gift. .

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[ASK AN EXPERT] Should Fundraiser Salaries Correlate With How Much Revenue They’ll Generate?

Bloomerang

Or theyre told they must bring in X number of new donors at the organizations major gift level. Mid-level, major, and legacy gifts are a long game. So, handing over a bunch of major gift likelihood folks to your fundraiser and expecting them to raise major gifts from each of them is shooting them in the foot.

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[ASK AN EXPERT] When Should We Give Donors Gifts?

Bloomerang

Today’s question comes from a nonprofit employee who wants advice on when it’s a good idea to give gifts to donors. . Dear Charity Clairity, I know public broadcasting offers donors gifts in exchange for their donations at various levels. Also, it’s a lot of work to get donated gifts, and expenses to buy them. What to do?

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How To Get More Donation Pledges For Your Nonprofit

CauseVox

You’ve probably heard of a donation pledge if you’ve been in fundraising for any amount of time. A donation pledge is when a supporter promises to give a certain amount of money in a set time frame. Why Ask For Donation Pledges? So what is the benefit of a pledge over a donation? Increase Gift Sizes. Not anymore!

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A Matching Gift Brings in Big Bucks

Get Fully Funded

A matching gift is a great opportunity to leverage a generous donation from one donor, or a group of donors, to bring in even more money from other donors for your nonprofit. Their support lets you tell other donors: A generous donor has offered to match every gift made toward the laptops dollar-for-dollar up to $3,000!

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Mitigating the impacts of a loss of a nonprofit revenue source

Candid

For example, obtaining high-dollar individual gifts will require different connections and skills than ensuring government funding. These articles offer tips for developing a robust funding strategy. Learning from peers to refine your nonprofit funding strategy.

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