Next Level Donor Relations: Make The Experience “Unexpectedly Pleasurable”
Bloomerang
by Tom Iselin
14h ago
In today’s fundraising world, with dozens of nonprofits competing for donors’ hearts and wallets, it’s important to stand out from a donor relations standpoint. Otherwise, no matter how noble your mission, you’ll be left with your hand out as other fundraisers hit their goals. To inspire donor generosity and loyalty year after year, you must stop sending stale thank-you letters and having hollow donor experiences, and start thinking of creative ways to go above and beyond to provide donor service and experiences that are “unexpectedly” pleasurable and memorable. Here are 16 uncommon and practi ..read more
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The Future Of Giving: Strategies For Modern Philanthropy
Bloomerang
by Janis Weiss
2d ago
In the world of philanthropy, the intersection of technology and generosity has ushered in a new era of giving. The transformation in how we support causes close to our hearts is not just a fleeting trend but a fundamental shift toward a more inclusive, efficient, and impactful form of philanthropy. The evolving landscape of philanthropy Gone are the days when cash was king in the realm of donations. A significant 35% decrease in traditional cash donations since 2017 marks a pivotal change in donor behavior, shifting towards digital avenues for their philanthropic endeavors. This transition is ..read more
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Beyond Donations: A Guide For Effective Nonprofit Financial Management
Bloomerang
by Daniel Grunstein
4d ago
Financial management is possibly the most important aspect of your nonprofit’s operation. The services and programs your organization delivers are vital, but improper or ineffective fund management is a disservice to your donors and the people and cause you serve. So, how can you be sure that the funds you receive are used most effectively? By learning about and prioritizing nonprofit financial management. The importance of financial management for nonprofits Unlike many for-profit businesses, nonprofits don’t answer to shareholders who are focused solely on increasing revenue. That doesn’t me ..read more
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5 Research-Based Fundraising Strategies For Modern Campaigns
Bloomerang
by Sheena Sullivan
6d ago
In the world of nonprofit fundraising, much of what is considered best practice is steeped in tradition, passed down through generations of fundraisers. While there’s immense value in learning from experienced individuals, it’s essential to acknowledge that what works for one organization may not necessarily work for another, and even widely accepted practices can lose their efficacy over time as circumstances evolve. It’s imperative for nonprofit fundraisers to prioritize evidence-based strategies that yield tangible results. By incorporating findings from recent empirical research, organizat ..read more
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Elevating Nonprofit Events: A Strategic Guide To Guest Curation
Bloomerang
by Laurence Pagnoni, MPA
1w ago
In nonprofit fundraising, success often hinges on thoughtful development planning, effective resource development, and engaging your supporters—donors and volunteers. When you curate a guest list that not only gathers people but also garners support, it can significantly impact the outcome of your fundraising events by transforming attendees into active contributors to your mission. Is curating a guest list new to you? It was to me just a few years ago. The art of selective invitations We used to cast a wide net for every fundraising event invitation, welcoming everyone who bought a ticket. Th ..read more
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Multi-Year Gift Agreements: Your Donor Retention ‘Ace-In-The-Hole’
Bloomerang
by Adam Martel
2w ago
Nonprofits who care about donor retention employ numerous strategies to keep their donors coming back year after year. Personal acknowledgments, impact reporting, and a strong monthly giving program are some of the cornerstones to a high donor retention rate. But there’s one unsung strategy that can elevate your donor retention rates, while expanding mid-level and major giving: multi-year gift agreements. How multi-year giving agreements impact donor retention According to the Fundraising Effectiveness Project, retention hit an all-time low of 42.6%. While the full 2023 data has not yet been c ..read more
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[ASK AN EXPERT] Do All Donors Need A Thank You Within 48 Hours?
Bloomerang
by Claire Axelrad
2w ago
Our Ask An Expert series features real questions answered by Claire Axelrad, J.D., 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 persuade leadership to get donor thank-you letters out sooner:   Dear Charity Clairity, I just took a new job and have discovered they don’t get thank you letters out for two weeks. To me, this is unacceptable. But I can’t persuade them we need to speed this up. I told my boss, the E.D., the industry standard is 48 hours. He thinks I’m nu ..read more
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Turning Tax Season Tears Into Cheers: Your Chance To Cultivate Donors
Bloomerang
by Laurence Pagnoni, MPA
2w ago
As 2023 has drawn to a close, tax season looms on the horizon, and we nonprofits gear up for a unique opportunity—issuing tax summaries to our donors. Bloomerang refers to them as tax summaries—which they are—but they also summarize each donor’s cumulative giving. They form a powerful document informing donors about their total annual giving—a rare moment in the fundraising process. Allow me to explain. Cumulative giving statements Donors rarely know or keep track of their cumulative giving, so when you point out the total, they’re usually quite pleasantly surprised. Sending annual tax summari ..read more
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Dear Donor, Will You Be Mine? Stewardship To Transform Donors Into Valentines
Bloomerang
by Rachel Muir
3w ago
Valentine’s Day is a great excuse to deliver thoughtful stewardship to your donors. While your donors may be expecting their partner to recognize this particular holiday, they certainly don’t have any expectations that the nonprofits they support will. This is a golden opportunity to catch their attention, stand out from the crowd, and make them feel special. Delighting donors when they don’t expect it has a ‘shock and awe’ element that can make your thoughtfulness feel especially meaningful and memorable. Wondering what you can do? Below are some email templates and stewardship examples to in ..read more
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Nonprofit Membership Software: Compare 10+ Top Tools
Bloomerang
by Ann Fellman
3w ago
Nonprofit funding comes from various sources—regular and major gifts, grants, in-kind donations, corporate sponsorships, planned gifts, and eCommerce sales are a few of the most common. In addition, some nonprofits also rely partly or entirely on memberships to support their missions. If your nonprofit offers memberships to engage supporters more deeply in your organization’s activities, you need robust software to keep your program organized. This guide will review the basics of membership software for nonprofits and the top solutions to consider. Here’s our roadmap: What is membership softw ..read more
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