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5 Revenue Streams to Strengthen Nonprofit Sustainability

Ann Green's Nonprofit

This is especially important now because of the current chaos of eliminating (and then not eliminating, at least for now) federal grant funding. This guest post by John Killoran covers a variety of revenue sources to help you diversify your funding. We also saw disruption five years ago when the COVID-19 pandemic started.

Nonprofit 165
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Fundraisers Taking Smaller Bite Of New York Donations

The NonProfit Times

Professional fundraising firms retained 17% of donations raised in New York State during 2023, the lowest amount during the past five years. The data shows that 46% of the time charities received less than 50% of funds raised and 16% of campaigns had expenses that exceeded revenue to the tune of $26 million during 2023.

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What are Matching Grants and Why You Should Want Them

GrantNews

Some funders require grant seekers to raise a portion of the needed funding. The applicant organization must show evidence of need and a commitment to raising matching funds. Funding will be for upgrading facilities and operations, lowering costs, and greater focus on more efficient use of resources.

Grant 109
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How to Engage and Retain DAF Donors

NonProfit PRO

With no signs of slowing down, DAF donors are a big source of donations for nonprofits. Here are eight ways to engage and retain DAF donors.

Retainer 105
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Building an Effective Online Donation Process: Expert Tips

Get Fully Funded

The data speaks for itselfaccording to the M+R Benchmarks 2024 report : Of desktop users who made their way to a nonprofits main donation page, only 16% completed a gift. For mobile users, the primary donation page conversion rate was just 10%. Make it easy for supporters to complete their donations. Optimize the submit button.

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Your New Budgeting Superpower: Program-Based Budgeting

Blackbaud

As a nonprofit finance leader, you are constantly aware of the many different pulls on your funding availability. This is where your fund accounting system can help you get the granularity you need from your budgeting process to make data-driven decisions. One program could use more headcount to serve more people.

Budget 103
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2024 Year-End Recap: Evaluating Fundraising Events

Greater Giving

Attendee Engagement Track metrics like number of auction bids, donations, social media shares, and post-event survey responses to gauge participation and event impact. Gross Revenue vs. Net Profit Start with the big picture: total funds raised (gross profit) and subtract expenses to determine your net profit.

Metrics 98