Sat.Apr 06, 2024 - Fri.Apr 12, 2024

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Two Ways Nonprofits Get Donor-Centered Fundraising Wrong

Clairification

I find a widespread misunderstanding about the notion of what constitutes being donor-centered. It derives from two misconceptions: Assuming people don’t want to be asked. Spending all your time on cultivation, assuming folks don’t need an ask and will simply give spontaneously as a result of being wooed. Both of these rationales short-change your would-be donors.

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Is Your Nonprofit Newsletter Engaging or Boring?

Ann Green's Nonprofit

In theory, a newsletter can be a great way to engage with your donors. In reality, that doesn’t often happen because most donor newsletters can be used as a cure for insomnia. They’re too long and filled with boring articles that brag about how wonderful the organization is. A newsletter is a vital part of the ask, thank report, repeat formula and you can’t just go through the motions.

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Please don’t go! 5 ways to win donor hearts again.

Hands-On Fundraising

A lapsed donor is a donor who hasn’t given in a while. (And of course, that’s insider talk. But you’re an insider, so we’ll use the term here.) But how do you define that period? How long do you consider a donor active? Experts tell us that after a first gift, you need to thank […] The post Please don’t go! 5 ways to win donor hearts again. appeared first on Hands-On Fundraising.

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What’s in My Mailbox | “We created a brand new revenue stream!”

Pamela Grow

Email or print donor newsletter? Smart nonprofits utilize both to keep their donors close. But only print donor newsletters have the “sticky” quality that leads to greater donor loyalty — and the greatest gift of all, the bequest gift. Leading international fundraising copywriter, Lisa Sargent, calls print donor newsletters your “retention engines.

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AI for Grant Writing: 20+ ChatGPT Prompts You Can Use

This prompt guide for ChatGPT contains 20+ tested ChatGPT prompts, along with tips on how to use this tool the best way. Nonprofits can engage with ChatGPT to brainstorm ideas, refine project plans, and craft compelling narratives for grant proposals.

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Why You Must Put Real Resources into Building Nonprofit Donor Loyalty

Clairification

It costs more to acquire a new donor than retain a current one. A lot more. In fact, research shows it takes 7 – 12% more effort, time and money to bring in a new donor than to raise more from a current donor. Please, please, please… let this sink in. The for-profit world understands this. It’s why they retain, on average, 80 – 90% of current customers.

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More Trending

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Celebrating success: Millionaire Grant Lady and Associates raised more than $8.2 million in grant funding in 2023

Millionaire Grant Lady

The landscape of philanthropy is always changing. Foundations change funding priorities and funding strategies. Grant applications get longer and more complex. Maintaining meaningful communication with donors can be difficult to keep up throughout the year. Without an experienced grant partner, it can be hard for nonprofits to navigate this shifting scene and connect to the dollars they need to tackle some of the most pressing issues facing society today.

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Philanthropy Spent $11 Million to Prevent Changes to DAF Rules

The Chronicle of Philanthropy

Opponents of the 2021 attempt to speed donor-advised fund payouts stopped the legislation dead in its tracks. By Alex Daniels Opponents of the 2021 attempt to speed donor-advised fund payouts stopped the legislation dead in its tracks.

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7 Time Leaks That Are Zapping Your Nonprofit Productivity

Get Fully Funded

Your most precious resource is time. If you had more time, you could get more done. Right? More time to get organized. More time to plan. More time to respond to emails and voicemails. More time to THINK and not rush through everything. The problem is that time is a limited resource. We each get 24 hours in the day. No more. How you spend it is up to you.

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46 Unique Nonprofit Software Tools to Bring You Success in 2024!

Wild Apricot

Nonprofit software simplifies, automates and powers up your daily tasks. Accounting software, fundraising tools, CRM solutions, analytics and more!

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7 Types of Donors That Could Be Your Next Major Gift Prospect

NonProfit PRO

If you’re always looking externally for your next major gift prospect, you may overlook a loyal supporter already in your database. Here are seven types of donors your nonprofit can locate internally.

Nonprofit 114
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Equity Advocates Harm Their Cause When They Insist on a Raised Fist, Not an Extended Hand

The Chronicle of Philanthropy

Collaboration — not resistance — is the best path to lasting social change. For proof, just look at the debate over pandemic school closures. By Eboo Patel Getty Images Collaboration — not resistance — is the best path to lasting social change. For proof, just look at the debate over pandemic school closures.

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The Voices of Neurodiversity: Celebrating World Autism Month

GrantNews

We live in a world where diversity is increasingly celebrated and recognized. So, it stands to reason that the voices of neurodiversity deserve to be heard and recognized as well. Neurodiversity encompasses a spectrum of neurological variations, including autism, ADHD, dyslexia, and more. Rather than viewing these differences as deficits to be remedied, they should be embraced and celebrated as integral aspects of human variation.

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The Top 15 Member Retention Strategies to Grow Your Community in 2024

Wild Apricot

Retaining your membership base saves money on recruitment and helps build a lasting community. Get inspired by these 15 member retention strategies!

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When You Can’t See the Trees for the Forest

Veritus Group

How can you find efficiencies in your donor CRM that will help you see and care for the trees, not just the forest? The post When You Can’t See the Trees for the Forest appeared first on Veritus Group.

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As the Number of Donors Continues to Drop, Monthly Giving Could Be a Solution

The Chronicle of Philanthropy

Year-end giving was down 2.8 percent compared to 2022, according to a new study. Donor participation fell across the board. By Emily Haynes Getty Images Year-end giving was down 2.8 percent compared to 2022, according to a new study. Donor participation fell across the board.

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A Really Tough Planned Giving Conversation

Planned Giving

What To Do When There’s a Verbal Promise, a Death, and No Intention Form? Summary: What would you do if you had a verbal commitment for a planned gift—and the donor died before putting it into writing? It happens more often than you’d think. Here’s a real-world example of how stewardship can save the day. “How do I find out if Stuart remembered us in his estate plan?

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7 Tips On How To Build An Effective Outreach Strategy

GiveSmart

“Strategy without tactics is the slowest path to victory. Tactics without strategy are the noise before defeat.” – Sun Tzu Building an effective nonprofit outreach strategy must be approached thinking about everyone your organization touches: recipients, donors, sponsors, partners, volunteers, board, and employees of the organization. What exactly do we mean by outreach?

Media 105
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The Wind Is at Your Back. What Are YOU Going to Do?

Veritus Group

Fundraising reports are predicting that giving will expand in the years ahead. Now's the time to focus on mid-level and major gift fundraising. The post The Wind Is at Your Back. What Are YOU Going to Do? appeared first on Veritus Group.

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Guaranteed Income Is All the Rage in Philanthropy. Will it Last?

The Chronicle of Philanthropy

Since the pandemic, over 200 guaranteed-income experiments launched across the United States. The Mellon Foundation backed one of them, providing $115 million to support 2,400 New York City artists. By Sara Herschander Rachel Keane Sylvain Souklaye, an artist supported by the Creatives Rebuild New York initiative from the Mellon Foundation, in a performance of Depopulated.

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The Maui wildfires: A record in disaster philanthropy, an opportunity to ‘get it right’ 

Candid

Part of my work at the Center for Disaster Philanthropy (CDP) involves monitoring philanthropic giving in response to disasters through our annual Measuring the State of Disaster Philanthropy: Data to Drive Decisions (SODP) report. However, due to lags in reporting, that data is two years behind. When we can look at numbers immediately after a disaster, it gives us a unique perspective.

IT 122
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AFP ICON Conference 2024: Tips from the Pros

Gail Perry Group

AFP ICON Conference 2024: Tips from the Pros | Join Gail Perry live from AFP ICON 2024 conference in Toronto as she unveils insights & tips from some of her favorite fundraising professionals.

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Revisiting 7 Big Questions for Big Philanthropy: Will A Focus on Racial Equity Be Sustained?

Center for Effective Philanthropy

The post Revisiting 7 Big Questions for Big Philanthropy: Will A Focus on Racial Equity Be Sustained? appeared first on The Center for Effective Philanthropy.

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69% of U.S. Muslims Always Give to Charities during Ramadan

The Chronicle of Philanthropy

Giving fulfills a religious obligation, and research suggests that nonprofits should reach out to this small but generous population during the monthlong holiday. By Shariq Siddiqui Adam Gray/AFP via Getty Images Members of the Muslim community gather for the first Taraweeh prayer of Ramadan in New York City. Research suggests that nonprofits should reach out to this small but generous population during the monthlong holiday.

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Bonterra Fundraising and Engagement

Bonterra

Bonterra Fundraising and Engagement Bonterra Fundraising and Engagement Innovative fundraising software for nonprofits Attract donors, increase engagement, and empower your base with a seamless supporter experience that connects donors with doers. Request a demo Explore pricing nicole.kowalcz… Wed, 04/10/2024 - 16:32 Fundraising software for nonprofits The Bonterra Fundraising and Engagement software platform delivers the tools and technology you need to identify, involve, and inspire your suppo

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Taking the Guesswork out of Managing Restrictions with a Fund Accounting Solution

Blackbaud

You know how important it is to manage your funds according to their purpose and source. That includes ensuring that you use restricted donations, grants, and other revenues in accordance with your donors’ and funders’ wishes. Plus, you need to report on these financial activities to various stakeholders, such as the board of directors, the government, and the public.

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IRA Qualified Charitable Distributions

Planned Giving

Understand the benefits and increase your value to donors. You may have heard it called a “charitable IRA rollover,” but this is a misnomer. Yes, there is a distribution from a traditional IRA, and yes, the account holder does not pay tax on that distribution. But the distribution is outright to a public charity, not to another IRA. The correct terminology, which is finally beginning to catch on, is a “qualified charitable distribution,” or QCD.

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Humanitarian-Aid Group BRAC USA Selects Next CEO

The Chronicle of Philanthropy

By M.J. Prest BRAC USA Julia Roberts is set to lead BRAC USA, an organization that fights global poverty. Also, the Connecticut Community Foundation has named a new leader, and the Samuel H. Kress Foundation will install its next president in the fall.

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Podcast: Transforming Challenges into Success: A Comprehensive Look at Capital Campaigns in the Nonprofit Sector

Capital Campaign Pro

Season 3, Episode 53 In this episode, we dive into an enlightening conversation with Esther Landau, the Senior Director of Advancement at The Arc of San Francisco. Join host Amy Eisenstein as she explores the strategic planning and execution behind successful capital campaigns, focusing on The Arc’s innovative approach to expanding its programs and services. […] The post Podcast: Transforming Challenges into Success: A Comprehensive Look at Capital Campaigns in the Nonprofit Sector a

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4 Tactics to Implement in 2024 to Elevate Your Fundraising

NonProfit PRO

With fundraising down yet again in 2023, it may be time to try a few new approaches to regain momentum. Here are four tactics for 2024.

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Your Unrestricted Funds Need Stewardship, Too

Blackbaud

Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given away more than $17.3 billion. All in unrestricted funds with no reporting necessary. While Scott is far from the first to focus on giving major gifts with no strings attached, the scale of her philanthropy is causing many funders to rethink long-held beliefs about what requirements should be paired with a donation.

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Ikea Foundation Awards $100 Million to the ClimateWorks Foundation's Drive Electric Campaign

The Chronicle of Philanthropy

By M.J. Prest Aji Styawan, Climate Visuals The Ikea Foundation has given $100 million to the ClimateWorks Foundation for its Drive Electric Campaign to help countries in Africa, Latin America, and Southeast Asia develop the infrastructure to support electric vehicles. Above, electric two-wheelers in Jakarta, Indonesia. Also, the West Virginia University Cancer Institute received $50 million for a new cancer hospital, and the Skoll Foundation has announced the four winners of the 2024 Skoll Award

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Social Workers and Community Helpers Deserve Our Praise

GrantNews

Social workers and community helpers are a vital part of the communities to which they belong. In fact, social workers and community helpers may well be the folks we have to thank for the well-being of our family, friends, and neighbors. These folks aren’t always appreciated for the important roles they play. They wear so many different hats and play a part in a variety of circumstances.

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5 Steps to Improve Your Nonprofit’s Grant Management Process

NonProfit PRO

Nonprofits may scramble to gather details or documents and submit last-minute applications for grants. Here are five tips to cut the chaos.