Bloomerang

JUNE 3, 2022

CFRE, our very own Fundraising Coach , also known as Charity Clairity. 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.

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Retention Leadership Values Fundraising 95

Bloomerang

AUGUST 12, 2021

Do you know your organization’s donor retention rate? According to the Association of Fundraising Professionals’ 2020 Fundraising Effectiveness Project (FEP), only 43.6% As important as it is to pay attention to donor retention, it’s equally important to know how to “move the needle”—and we do. I’d bet not. .

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Retention Nonprofit governance and management Finance Governance 111

NonProfit Hub

NOVEMBER 26, 2020

Your nonprofit’s donor retention rate is the percentage of donors who give from year to year, or over any other specific time period. With concrete retention strategies, you can make the most of increases in new donors. Here are the essentials to keep in mind when building or updating your nonprofit’s donor retention strategy.

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Retention Associations Advertising Activism 75

NextAfter

JUNE 9, 2023

In fact, according to data from the Fundraising Effectiveness Project, donor acquisition, dollars, and donor retention rates fell YoY in 2022. 1 – Recognize the power of acquiring a donor’s email address One way to increase retention is to acquire an email for a donor who only gives offline. What is the COVID Bump?

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Retention Activism Values Philanthropy 52

The Agitator

MARCH 4, 2013

And since Tom and I have been banging away on the subject of retention, we thought it high time to offer up some specific, empirically proven practices and techniques for improvement. ‘Retention’ and ‘Lifetime Value’ are the fundamental vital signs for virtually every organization that relies on donors.

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Retention Values Activism Communication 79

Ann Green

OCTOBER 26, 2023

Let’s take a look at three areas where nonprofits can drive increased fundraising efficiency: staff retention, donor qualification, and campaign planning. By Chelsey Newmyer What first comes to mind when you think about increasing your nonprofit’s fundraising efficiency? Prioritization is a key part of efficient fundraising.

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Fundraising Fundraising Retention Leadership 106

Affnetz

JUNE 1, 2023

6 Techniques to Boost New Donor Acquisition and Retention By Mike Crum It’s essential to acquire new donors for your Nonprofit to have a thriving fundraising program. But, don’t overlook the incredible value of implementing a First-Time Donor Program. Here are 3 techniques you can use to acquire new donors today.

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Affnetz

JUNE 1, 2023

It’s essential to acquire new donors for your Nonprofit to have a thriving fundraising program. There’s just so much noise in the world, particularly in Nonprofit fundraising, and using compelling stories helps relate your message to your donors in a way they can understand.

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Bloomerang

JANUARY 25, 2024

In today’s fast-paced and economically uncertain world, nonprofit organizations (NPOs) face the critical task of fundraising effectively. DRMs can directly address industry challenges by offering tools for personalized communication and targeted outreach to support relationship building and retention. you’ve got a lot of competition.

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Fundraising Fundraising Retention Nonprofits 83

Momentum Nonprofit Partners

FEBRUARY 19, 2024

Fundraising is evolving quickly. Have you noticed that everything feels a little different in 2024 compared to five years ago, especially when it comes to fundraising? The pace of change in fundraising trends can be rapid, driven by factors like technology, donor expectations, and economic shifts. Is your organization ready?

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Ethics Fundraising Fundraising Philanthropy 75

Bloomerang

MARCH 4, 2024

Fundraisers often have a love/hate relationship with fundraising CRM reports. Picture this: your donor data and fundraising trends reports are due, but instead of the usual stress, you’re calm, prepared, and even proud of what you’re about to submit. Sounds ideal, right?

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Fundraising Fundraising Retention Foundations 60

Nonprofit Megaphone

AUGUST 1, 2022

Donor retention is one of the most prevalent challenges for nonprofits. Nonprofit fundraising consultants agree that a phone call or mailed thank you letter is more meaningful than an email to thank your first-time donors. . This shows donors that you value their partnership and see them as an integral part of your mission.

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Retention Nonprofits Management Activism 52

Nonprofit Marketing Insights by GlobalOwls

APRIL 26, 2024

This understanding is key to customizing strategies for both acquisition and retention, activities that go hand-in-hand with sustained profitability. Profitability hinges on close monitoring of KPIs like Profit Margins, Average Order Value (AOV), Cart Abandonment Rate, and Customer Lifetime Value (CLTV).

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Retail Retention Advertising Values 52

Bloomerang

AUGUST 18, 2023

Across the nonprofit sector, the average donor retention rate is about 40% to 45%. At the same time, nonprofits are struggling to retain fundraisers and crucial development staff. You can’t place a value on how much donors appreciate staff that truly understand their stories, personalities, and preferences.

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Nonprofit Administration and Development Retention Fundraising Fundraising 69

Clairification

APRIL 24, 2023

You see, information was presented from the full 2022 Fundraising Effectiveness Project report, and the results were sadder than usual. You probably already knew donor retention has been declining for the past decade. Repeat donor retention declined from 46.1% I want to share this with you, because you need to know.

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The LAPA Blog

MARCH 22, 2023

Our recent posts have lasered in on fundraising perennials--retention of fundraising staff, annual funds, and why donors give. Another perennial stacks up as equally worthy of thoughtful commentary, and that’s the role of the chief executive officer in fundraising.

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Fundraising Fundraising Retention Values 52

Bloomerang

AUGUST 21, 2023

This post describes actions you can take to implement the findings of Bloomerang’s 2023 Fundraising Planning and Climate Report. 1,071 fundraising professionals were surveyed at small and medium-sized nonprofits supporting a variety of causes. Not all fundraising programs look alike.

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The LAPA Blog

MARCH 22, 2023

Our recent posts have lasered in on fundraising perennials--retention of fundraising staff, annual funds, and why donors give. Another perennial stacks up as equally worthy of thoughtful commentary, and that’s the role of the chief executive officer in fundraising.

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Fundraising Fundraising Retention Values 52

Bloomerang

AUGUST 23, 2021

In part one of this series, I outlined my top six fundraising strategies for 2021: . Investing in digital-first fundraising and marketing communications. Mastering personalized, customer-centered philanthropy facilitation, especially mid-level and major donors, to increase donor lifetime value. Donors will run from fraud.

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Culture Philanthropy Fundraising Fundraising 136

The Volunteer Hub

JANUARY 16, 2023

Fundraising serves as a way to raise awareness and money towards your mission. Here are 7 ways to make your fundraising campaigns more effective. For most nonprofits, fundraising is a year-round event. A few fundraising statistics to know. Gen Zers are influenced the most by social media when it comes to fundraising.

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Bloomerang

DECEMBER 4, 2023

Each episode is packed with insights , strategies, and real-life experiences designed to help you flourish in your fundraising endeavors. How This Nonprofit Retains 46% of Their Donors with Amy Gibson Nonprofit Nation The Boys & Girls Clubs of Muncie, increased their donor retention rate from 26% to 46%. Listen to this episode.

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Fundraising Fundraising Culture Leadership 87

Bloomerang

MAY 25, 2022

With the app, the fundraising power of Bloomerang can be accessed from anywhere and in real time to provide meaningful insights that improve constituent interactions. Now fundraisers can keep up to date on their donors, fundraise on the go more efficiently, and ultimately build better relationships with their constituents.” .

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Fundraising Fundraising Retention Production 81

Top Nonprofits

JANUARY 10, 2024

According to the Fundraising Effectiveness Project , a drop in gifts from major donors and a decrease in donor retention have led to fundraising challenges for nonprofits this year. When it comes to major gift fundraising, the moves management process is essential for building genuine, long-lasting bonds with major donors.

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Management Retention Volunteerism Volunteerism 105

Bloomerang

FEBRUARY 26, 2024

As fundraisers, we strive to create meaningful impact and cultivate lasting relationships with supporters, donors, and the communities we serve. Enhance donor retention Personalized messaging is critical to preventing declines in donor retention and loyalty.

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Retention Communication Foundations Values 87

The Agitator

MARCH 29, 2017

Tom’s rant, A Man of Infinite Patience in a World of Imposters , triggered helpful comments from fellow Agitators on what can be done to help organizations better focus on understanding and measuring retention rates and other key metrics. Jay Love added the helpful suggestion of a “Donor Retention Board Meeting Kit!”

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Values Retention Education Education 49

The Agitator

NOVEMBER 18, 2013

As you can see from Tom’s post yesterday , when it comes to fundraising planning and budgeting, The Agitator clearly believes the most important questions should focus on boosting retention and increasing lifetime value. What is our retention profile (did it get better or worse in 2013) and program?

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Nonprofit Tech for Good

MAY 16, 2021

By Audrey Phillips , a customer success manager at Classy – a social enterprise that creates world-class online fundraising software for nonprofits, modernizing the giving experience to accelerate social impact around the world. Remind your donors that they bring a unique value to your organization. Explain your motivation.

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Participation and motivation Fundraising Fundraising Social Enterprise 122

Bloomerang

AUGUST 16, 2021

In part one of this series, I outlined my top six fundraising strategies for 2021: . Investing in digital-first fundraising and marketing communications. Mastering personalized, customer-centered philanthropy facilitation, especially mid-level and major donors, to increase donor lifetime value. Track your own data.

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Fundraising Fundraising Food Retention 122

The Agitator

JULY 12, 2011

We’re back on the Retention Trail today. When it comes to retention, Rick doesn’t mince words, always writes well, and succinctly summarizes the Amergent analysis of millions of gifts. Donors who have entrusted you with an email address have an average donor value that can be 150% higher than donors who don’t provide their address.

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Values Retention Fundraising Fundraising 96

iMarketSmart

MARCH 9, 2015

is stuck at 2% of GDP and retention is in the toilet. Give ‘em value! So give ‘em offers for engagement that provide a positive experience along with tremendous value. Here’s a simple checklist to help you develop your offers for engagement so they are sure to deliver value. Fundraising'

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Values Retention Fundraising Fundraising 76

Bloomerang

DECEMBER 7, 2022

As a QuickBooks Solution Provider, Bloomerang now makes it even easier for nonprofits to purchase, deploy, and use a complete fundraising and financial operations solution. ” This joint solution supports Bloomerang’s vision to deliver the donor relationship management and fundraising platform of the future.

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Fundraising Fundraising Finance Management 91

Clairification

JANUARY 4, 2024

The only reason to acquire these supporters is to sustain them over timeso their lifetime value to you merits your investment in them. Your own retention rates may be better or worse than average (do you know them?), it sounded like another fundraising appeal). If you thank well you’ll see retention rates increase significantly.

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Retention Values Communication Fundraising 113

Bloomerang

FEBRUARY 13, 2023

Community Brands recently shared donor retention data that reinforced alarming trends that the nonprofit sector has been monitoring for a while. In their survey, they asked nonprofits what their current donor retention rate was: about 60% said they didn’t know and the rest had an average donor retention rate of 45%.

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Retention Energy Philanthropy Foundations 102

Get Fully Funded

APRIL 4, 2024

The past couple of years have represented a challenging time for nonprofit fundraising. In difficult circumstances, it’s helpful to return to the fundraising basics to ensure you’re making the most of tried and true strategies to boost your nonprofit’s donation revenue. Personalize donor outreach.

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Nonprofits Retention Values Technology 110

The Agitator

APRIL 2, 2018

Consequently, any organization serious about improving its retention rates and lifetime values had better be deadly serious about the quality of donor services it provides. Solving the donor service part of the retention puzzle is no mystery. And they reap big bucks for their effort. Neither does it have to involve high costs.

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Values Retention Food Communication 56

Bloomerang

JUNE 26, 2023

At the end of 2022, we asked 1,000+ nonprofit professionals what worked well in 2022, what they believed would work well in 2023, and their general outlook on the current fundraising climate. Based on survey results, we found that fundraising success is determined by the media channels nonprofits use to share their message and mission.

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Marketing Marketing Fundraising Fundraising 77

Bloomerang

JANUARY 23, 2024

While large fundraising events and campaigns are effective, they can be a lot of work and tied to specific times of the year. This approach not only values their past support but also emphasizes the ongoing impact they can make. Welcome these valued donors into a unique circle. Keep it simple. Nurture your monthly donors.

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