I’ve written before about the dangers of the DIY (do-it-yourself) mentality in fundraising. The most frightening thing is the amount of time you’ll spend doing everything but meeting with donor prospects.
On average, 88% of a nonprofit’s revenue comes from the top 12% of its donors. This shows how crucial major gifts are to an organization’s overall fundraising strategy. Additionally, major donors not only provide nonprofits with sustained financial security but are often co-creators of many programs and initiatives.
Your donor gave you an in-kind gift that you thought had nominal value, but when it was appraised, it was worth a lot more? This kind of pleasant surprise is not uncommon for charities that accept in-kind gifts of oil and gas interests.
If you haven’t had your donor database screened, or your screening vendor doesn’t provide a total RFM figure, you can, with a little work, do it yourself.
Whether you’re kicking off a fledgling planned giving program or you’re comfortably positioned with a legacy society, it doesn’t take a data scientist to help you find your best prospects. It DOES, however, start with your donor data. This blog explains why data is essential.
Don’t let gift planning misconceptions get in your way. They’re just an opportunity for a conversation about what gift planning can really do for your nonprofit.
Personal finance is largely about taking a proactive approach to planning your future. Along the way however, it’s also about avoiding common mistakes that typically result in unnecessary financial stress.
“But Most Nonprofits Still Don’t Get It.” A statement like that certainly entitles a fundraiser to ask, “Okay, what is it precisely I don’t understand?”
Executive directors looking to host more productive board meetings at small to mid-sized nonprofits with budgets ranging from $1-$10 million. Overall, this will focus on how software can help engage leadership in board meetings.
Successful major gifts officers don’t stop learning. There’s a simple reason: the skills you need for major gift work never stands still.