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4 Top Donor Retention Strategies to Keep Your Year-End Donors

CauseVox

Now is the time to make sure that your organization has donor retention strategies in place to bring those year-end supporters with you into 2025. It costs 200-300% more to attract new donors than it does to get a second gift. Youre saving money by improving your donor retention. What is Donor Retention?

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3 Ways to Boost Donor Retention with Nonprofit Tech Tools

Nonprofit Tech for Good

Donor retention is important. All that is true, but the fact remains that donor retention is a struggle. Can Tech Tools Solve Donor Retention? Donor retention is, at its heart, about building relationships. Use that data to paint a picture of the different groups of people who are passionate about your cause.

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Multi-Year Gift Agreements: Your Donor Retention ‘Ace-In-The-Hole’

Bloomerang

Nonprofits who care about donor retention employ numerous strategies to keep their donors coming back year after year. Personal acknowledgments, impact reporting, and a strong monthly giving program are some of the cornerstones to a high donor retention rate. Savvy fundraisers have always kept donor retention top of mind.

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Mastering Your End-of-Year Fundraising Plan: Calendar + Checklist

Bloomerang

What was our average gift amount? What was our retention rate year over year? October Collect testimonials, impact stories, videos, and pictures and use them to write ‘reporting back’ stewardship emails, postcards, texts, thank-a-thon phone scripts, or letters. How many new first-time donors did we have at end of year?

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Stewardship Tactics That Are Sure To Keep Donors Tied To Your Cause

Bloomerang

Conversely, loyal donors give 42% more over their lifetime and are 70% more likely to leave a planned gift. Following this, initiate a call from your executive within the first week of receiving a gift to further emphasize the donors importance to your organization.

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10 Digital Marketing & Fundraising Trends to Prioritize in 2023

Nonprofit Tech for Good

As a sector, we’ve been addicted to the buzz about social media – and social media itself – for nearly 20 years, but if we take a step back and take a critical look at the big picture of social media, many nonprofits will discover that their return on investment (ROI) from using social media is minimal. They live in a different world.

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How to Boost Online Donor Retention

NonProfit Hub

Your nonprofit’s donor retention rate is the percentage of donors who give from year to year, or over any other specific time period. Your ability to retain donors and keep them engaged can directly impact your nonprofit for a few reasons: Retained donors can be more easily guided towards making larger gifts in the future.