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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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Product Update: CauseVox Auto-Pledge Helps You Get More Large Gifts

CauseVox

In recent years, pledges have fallen out of fashion: it’s not how today’s donors give, and it’s difficult for fundraisers to track and manage fulfillment. With Auto-Pledge, pledges will never be the same! That way, large gifts become approachable. With Auto-Pledges, even your biggest asks become easy.

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Pledges vs. Donations: Understanding the Difference

Pamela Grow

When you deliver an experience that makes donors feel good about contributing to your cause, you could see a significant increase in retention rates. Prioritizing donor retention will ultimately build a dedicated pool of supporters who will lend support any time you need it. This refers to any gift given to your organization.

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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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Strategies to Build Donor Trust and Retention

sgEngage

Here are some strategies your organization can consider for improving donor retention by building donor trust in your brand. Every interaction with donors communicates how your organization views them and their gifts. Such a pledge can be your foundation for trust. Deliver a welcome series for new donors.

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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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[ASK AN EXPERT] How Do You Calculate Your Nonprofit’s Average Dollar Retention Rate?

Bloomerang

Today’s question comes from a nonprofit employee who wants advice on how to calculate an accurate nonprofit dollar retention rate. Dear Charity Clairity, When you write “the average dollar retention is just 47%,” I’m not sure what that means. Purpose of gift. — Stats Nerd. How much more or less did they give?