article thumbnail

At Last! A CRM System Designed For Retention

The Agitator

Overall donor attrition in 2010 was 59% — that is, 59% of 2009 donors did not give again to participating nonprofits in 2010. Last year new donor retention was only 27%! If you’re interested in a low-cost, easy-to-use CRM that is built for fundraising results based on engagement and retention, I predict you’ll love Bloomerang.

Retention 102
article thumbnail

5 Challenges Nonprofits Face in 2024

The Charity CFO

Luckily, we’ve put together a list of the five most common challenges for nonprofits in 2024. These challenges include financial issues, data security compliance, and talent retention problems. Let’s look closer at the challenges nonprofits will face in 2024–and how to solve them!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Looking For Retention In All The Wrong Places

The Agitator

Tom’s post yesterday, Nonprofits and the Customer Experience not only warrants reading a second time, but I also feel compelled to pile on some more emphasis and detail because it goes right to the heart of retention and donor value. Here’s why I think this is so important. Donor Service centers (inbound calls and email response).

article thumbnail

Nonprofit Strategic Planning: Ultimate Guide + 7 Examples

Bloomerang

To do this, your organization will need to increase fundraising revenue by $10,000 by finding new outreach opportunities and strengthening relationships with existing supporters to increase donor retention. Meanwhile, you may assign another person to call new donors to thank them and increase your new donor retention.

article thumbnail

The Risk Not Taken

The Agitator

Sure, not so long ago maintaining the status quo — repeating the same activities year after year — was considered less risky than innovation. After all, the reasoning goes, “let others take the risk on ‘new’ things.” Just one problem. These days maintaining the status quo will ultimately kill your fundraising.

article thumbnail

Donor-Centric or Faux Donor-Centric? Check the Plumbing.

The Agitator

The society which scorns excellence in plumbing because plumbing is a humble activity, and tolerates shoddiness in philosophy because it is an exalted activity, will have neither good plumbing nor good philosophy. Are all departments aware of and focused on the same donor retention, commitment and satisfaction goals?

article thumbnail

Explaining Abstract Numerical Concepts–Like “Eleven”– To Your Boss

The Agitator

Any discussion of metrics in The Agitator must include a nod to “ The Curse of Fundraising Innumeracy ” about an Agitator reader who tried to keep a straight face when someone said they had a 95% retention rate. Starting off simple, this is the answer to why we must invest in acquisition and retention. The leaky bucket.