Every nonprofit understands how important major donors are—they provide the largest contributions to your annual fund, invest in your growth through donations to capital campaigns, and serve as long-term ambassadors for your cause. Their commitment to your organization warrants plenty of individualized attention from your staff members, especially when you’re trying to solicit a prospect’s first major gift.
However, cultivating major donor relationships is an intricate pr [...]
Retaining your nonprofit’s donors depends on the effectiveness of your stewardship. Especially for first-time donors, you need engagement strategies like tailored communications, appealing involvement opportunities, and genuine appreciation to keep them invested in your mission. After all, you’ve put in the work to successfully acquire a new donor and you don’t want to lose them now.
Proactive stewardship will ensure you not only keep new donors interested in your no [...]
Nonprofit financial sustainability is necessary for organizations like yours to develop lasting strategies that help you not only maintain your current standing but also grow.
CharityProud’s article on sustainability explains that economically sustainable nonprofits “operate within their financial means and use their inherent resources responsibly. Your resources include both tangible (donors, technology) and intangible (staff skillsets, community partners) things.” [...]
Being in nonprofits for 10+ years, I quickly learned that the engagement of your supporters goes a long way. Another thing that I learned is that engagement doesn’t have to be hard. You just have to learn the basics and decide to do them right. As the title of this blog suggests, successful engagement is a multistep process that centers around the following five steps.
1. Get to Know Your Donors A crucial step in any good relationship is laying the right foundation. Wh [...]
Presidents’ Day is a federal holiday in the United States that began as a celebration of George Washington’s birthday and has expanded as a day to honor the memory of past presidents. In addition to their services to our nation, did you know that many of the men formerly known as POTUS were avid philanthropists? Today we’re taking a look back at what the presidents have to teach us about why donors engage in charitable giving.
Philanthropy Is an Investment in the Future [...]
