- Asking for Donations
- Campaign Management
- CFRE Information
- Cryptocurrency
- Database Management
- Donor Retention
- Feasibility Studies
- Fundraising Events
- Fundraising Psychology
- Fundraising Tips
- Gift Recognition
- Hospice Philanthropy
- Nonprofit Boards
- Online Giving
- Prospect Research
- Time Management
- Volunteer Management
5 Ways to Test the “Fitness” of Your Fundraising Program
Assess the Efficiency of Your Donor Onboarding Process:
One of the most telling signs of a robust fundraising program is how quickly and effectively a donor is brought into the fold after their first donation, no matter how small. A healthy fundraising program swiftly acknowledges the donor's contribution, expresses gratitude, and makes them feel valued and welcomed to your organizational family. In addition, it should provide them with insights about how their donation is making a difference.
The Art of Simplicity: How to Cut Through the Jargon for Effective Nonprofit Fundraising
Avoid Acronyms and Jargon: While they might save space, acronyms and jargon can confuse your audience or make them feel excluded. Replace these with common terms that can be understood by everyone.
2. Use Everyday Language: Think about how you would explain your mission or project to a friend or family member who knows absolutely nothing about the nonprofit sector. Use that language in your appeals and messaging.
How to Build Synergy Between Fundraising and Marketing
A Tale of Two Departments:
The disconnect between fundraising and marketing is not uncommon in non-profits. While fundraising focuses on securing financial support for the organization's mission, marketing aims to spread awareness and create a favorable public image. These different objectives can sometimes lead to disagreements over messaging, resource allocation, and priorities. However, it's essential to remember that both departments are working towards the same overall goal - the success and sustainability of the organization.
Fundraising Training: A Crucial Aspect of Nonprofit Development Professionals
The Need for Fundraising Training:
Fundraising, at its core, is no different from these professions. It requires a specialized skill set, including building relationships, understanding donor psychology, creating compelling narratives, strategic planning, and navigating ethical considerations.
Sadly, however, fundraising is one profession where individuals are often thrown into the deep end with minimal training or professional development.
How to Write an Impact Story for Your Nonprofit
Identify Your Story:
First, you must identify the story you want to tell. Start by answering the question, "What change or difference has your organization or project made?" This could involve specific individuals who have benefited, communities that have transformed, or positive shifts in statistics. The purpose is to highlight your organization's influence and results. When in doubt though, stories about individuals are recommended if you want your audience to really resonate with the story.
A Comprehensive Guide to Ethical Fundraising: Practices Your Nonprofit Should Adhere To
Respect for Donor Intent:
Ethical fundraising respects the intent of the donor. When a donor gives to a specific cause, program, or project, it is the organization's responsibility to ensure the funds are used accordingly. Violating donor intent can not only harm the organization's relationship with that donor but also damage its reputation in the broader community.
Philanthropy vs Charity: Understanding the Difference
Understanding Charity:
Charity is like the immediate relief that quenches the burning fire of need. Derived from the Latin word 'caritas' meaning 'costly love', it is an instant response to address an immediate problem. This could involve providing food for a hungry family, clothing for the homeless, or funds for disaster relief.
Bold Asks, Bigger Impact: Why Courageous Fundraising Works
1. Confidence Attracts:
Donors, like any other audience, are more likely to be persuaded by those who exude confidence. By presenting your cause confidently, you demonstrate belief in your mission, the effectiveness of your work, and the value of the potential donor's contribution. This confidence is contagious, inspiring donors to believe in your cause as much as you do.
Fundraising in 2023 - How Different is it?
Cryptocurrency Donations:
As cryptocurrencies like Bitcoin and Ethereum become mainstream, more nonprofits are accepting and even soliciting cryptocurrency donations. This trend is worth watching as it opens up a new potential revenue stream. The average cryptocurrency donation is far greater than the average cash donation…
Fundraising on a Budget: Creative Strategies for Small Nonprofits
Leverage Social Media: Utilizing social media platforms is a cost-effective way to reach a wide audience. While this might not necessarily “move the needle” as much as other fundraising methods, it is a great way to connect with a lot of people very quickly and in an engaging way. The secret lies in creating consistent content that resonates with your target audience that regularly keeps them up to date and provides insight into the mission. Remember, being consistent is better than being perfect.
Are Fundraising Events Worth It? (We Did the Math!)
First, let's look at the costs associated with a typical fundraising event. There's the venue, the food, the entertainment, and a whole list of other expenses that can quickly add up no matter the size or scope of your event. According to a study by the Nonprofit Research Collaborative, the average cost to raise a dollar through a special event is 50 cents. That's a 2:1 return on investment.
Fundraising Metrics That Matter: Tracking Success
1. Donor Retention Rate
The donor retention rate is the percentage of donors who give to your organization more than once. Retaining donors is far less expensive than acquiring new ones, and retained donors often increase their giving over time. Thus, a high donor retention rate is a sign of a healthy and optimized fundraising program.
Why You Can't Miss This Fundraising Conference in 2023
1.Stay Ahead of Industry Trends:
The Tides of Change conference will provide invaluable insights into the latest trends, strategies, and best practices in fundraising and philanthropy. Our expert speakers will share their knowledge on topics like digital fundraising, donor engagement, and emerging technologies, ensuring that you stay ahead of the game in 2023 and beyond. Some aspects aspects of fundraising have not changed much in years past, but others are changing faster than you could imagine.
How to Overcome the Fear of Asking Money
First and foremost, fundraisers need to understand that "no" is not a personal attack. Donors have their own reasons for declining to donate, and it often has nothing to do with the fundraiser themselves. Donors may have financial constraints, may not believe in the cause, or may simply prefer to donate to a different organization.
Nonprofit Board Training: Tips That ACTUALLY Work
Start with a Comprehensive Orientation - A solid orientation is the foundation for effective board training. Make sure to provide new board members with an overview of the organization's mission, goals, programs, and financials. Introduce them to the staff and share relevant documents like bylaws, strategic plans, and board policies. It's also a good idea to pair new board members with experienced mentors for ongoing support and guidance.
Top 10 Fundraising Mistakes to Avoid: Learn from the Experts
7. One-size-fits-all approach to donor communications - Different donors have different communication preferences and interests. Treating all donors the same can result in disengagement and dissatisfaction. Segment your donor base and tailor your communications to address their unique preferences, motivations, and giving history.
Boost Your Board's Performance: Top 7 Strategies for Nonprofit Board Engagement
Clear Communication of Roles and Responsibilities - To keep board members engaged, it's crucial to communicate their roles and responsibilities clearly. Provide a comprehensive board member handbook that outlines their duties, the organization's expectations, and the board's code of conduct. Be specific about individual responsibilities such as chairing committees, fundraising, and serving as liaisons with stakeholders…
Federal Reserve Rate Hike: Why Fundraisers Should NOT Worry
There are several reasons why major donors maintain their commitment to philanthropy during economic downturns:
Long-term perspective: Major donors often have a long-term outlook on their investments, which extends to their philanthropic giving. They understand that the impact of their contributions may not be immediately apparent but can lead to significant positive outcomes in the future.
8 Fundraising Trends to Watch in 2023: AI, Data, and the Virtual World
Data-Driven Fundraising Strategies: Leverage data analytics to make informed decisions and optimize your fundraising efforts. Analyze donor behavior, preferences, and trends to create targeted campaigns, identify new donor segments, and boost donor retention. Implementing a data-driven approach will help you allocate resources more effectively and maximize your fundraising potential.