Can Donor Surveys Really Help You Raise Money?

Numerous studies reveal donor satisfaction is the single biggest driver of donor loyalty. According to world-renowned fundraising researcher Adrian Sargent, donors indicating that they were ‘very satisfied’ with the quality of service provided being twice as likely to offer a second or subsequent gift than those who identified themselves as merely satisfied. Sadly, few nonprofits measure it.

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Twin Cities Habitat for Humanity

Bring people together to create, preserve, and promote affordable homeownership and advance racial equity in housing.

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Nonprofit Management

Helpful Resources for Nonprofit and Social Enterprises During the COVID-19 Pandemic

Article | July 15, 2022

As the country adapts to the unique circumstances created by the COVID-19 pandemic, nonprofits are being faced with new challenges as they continue their important work. Fortunately, there are hundreds of emergency relief funds at the global, national, and local levels, offering individual and organizational funding for basic needs, direct services, and other immediate concerns. Since Voqal cannot offer emergency funds for direct services like other funders and partners, we thought we would share a compilation of resources where organizations can find these dollars. A special thank you goes out to Voqal’s grants and fellowships program manager, Mary Coleman, for putting this list together.

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Nonprofit Management

4 Actions Responsive Nonprofits are Taking to Ensure Growth in 2020 and Beyond

Article | July 29, 2022

Barbara O’Reilly was recently featured on our Responsive Fundraising Podcast, where she discussed the three stages that follow an unexpected world event. First, the response phase, where we each find a way to contain the negative impact of the change. Next, comes the recovery phase, in which we all work together to find a way forward. Lastly, the resilience phase, in which we have recovered and emerge better than before. From the standpoint of COVID-19, we all have navigated the response phase, which triggered a far-reaching economic tremor. It’s fair to say that we currently live in the recovery phase, and probably will for quite a while. But even now, as we recover, our focus should be on the next phase: resilience. Of course, the resilience phase will look differently for everyone, and it is hard to predict exactly what it will look like for your nonprofit. However, there are ways for you to ensure that the work you do now will increase your annual revenue and improve donor retention while you recover and build resilience. Here’s how responsive fundraising can make that easier.

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Nonprofit Management

Nonprofit Success in Times of Crisis

Article | July 13, 2022

In recent weeks all business sectors across America have made significant transitions with their work force and have overcome huge hurdles to their success in response to the Covid-19 pandemic. Employees everywhere are doing their best to meet the goals expected of them in a time of intense uncertainty and rapid change. The nonprofit sector is one industry that has faced unique challenges due to the pandemic.

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Nonprofit Technology

How Donor Data Can Inform Better Donor Experiences

Article | June 1, 2022

Although we recommend talking directly with your donors to learn what matters to them, one-on-one conversations aren’t the only way to gain valuable information about your donors. Through analysis of the donor data in your fundraising software, you can obtain insights that will help you create a better experience for your donors, and motivate them to give more over time. Here’s what you can learn from the numbers and how you can apply this knowledge to improve your donor experience. Biographic and Demographic Information: This particular donor data isn’t snazzy, but it provides you with important tools to use in donor communications. Here’s what you can do with it. Preferred Name: Even something as simple as addressing your donors by their preferred names or nicknames will go a long way toward building a meaningful relationship. Employment: Improve the timing of your emails by sending to full-time individuals when they’re at work. Age: Millennials are more likely to check social media or text messages for communications, while Baby Boomers are more likely to use email or even snail mail. A multi-channel communication strategy, however, is the best thing to help you reach your donors where they’re at. Educational Background: While someone’s education level may provide insights about their capacity to give, consider looking at what your contacts were involved in while in school. Did they join clubs that provide a clue about their interests? Did they hold certain leadership positions that tell you what they’re committed to? What community service projects were they active in? This information can help you customize your communications more meaningfully. Involvement History: Monetary giving isn’t the only indicator of a donor’s interest in your organization. When you’re putting together your campaign lists, don’t forget to look at other historical indicators as well. Note: If you’re already using Network for Good’s simple, smart fundraising software, demographic details, like the ones above, need to be individually added as “Custom Fields” to a constituent’s record. Involvement in Advocacy Work: If an individual advocates for charities or causes, he or she is usually serious about making a difference and seeks to do so in other ways. Corporate Sponsorships: If someone has organized a corporate sponsorship for her or his place of employment, the individual has demonstrated a willingness to go the extra mile foryour organization. Showing Up at Events: If you have regulars who appear at your events, they’re prime candidates to get more involved. An events platform that integrates directly with your fundraising software can be a key tool here in making sure you’re following up with the right people. Network of Connections: Prospective donors will always be more willing to respond if a friend or business connection has introduced your organization to them. If you think an individual would be willing to contribute to your nonprofit, look at who in your donor database is connected to that person and ask for an introduction. This strategy can also be used for raising corporate sponsorships. Hobbies: Hobbies and interests will tell you who’s most likely to participate in your events. They’ll also give you ideas about what types of events will be most popular with your contacts. Here are a few ideas: Games: Trivia night, bingo, or board games. Outdoors: Run/Walk, golf or fishing tournament, or softball. Food & Drink: Wine tasting, celebrity chef or bartender, or profit share at a restaurant. Music: Benefit concert, talent show, or Battle of the Bands Arts & Culture: Group night at the theatre, charity poetry reading, or author meet-and-greet. Timing of Gifts: When do individuals give? If someone tends to make donations at a certain time of year, your request will probably be welcomed (and successful!) if you ask at that time. Using tools such as the “Giving” filters to conduct donor analysis can help determine if there are trends around a particular time of year for one (or multiple) donors – and knowing the timing of gifts will also help you spend your marketing dollars more wisely. If someone has given within a year-long time period, that person is much more likely to give again than someone who gave two years ago. You can allocate your marketing resources more intelligently if you know who is more likely to donate. These are just a few ideas on how to use your data to not only build a stronger donor experience but also increase your fundraising revenue. Learn why the donor experience is vital to a successful organization and how to implement an effective donor experience program by downloading “A Better Donor Experience: Is it the Cornerstone of Donor Loyalty?”

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Spotlight

Twin Cities Habitat for Humanity

Bring people together to create, preserve, and promote affordable homeownership and advance racial equity in housing.

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Nonprofit Management

Ameren Corporation adds $10,000 American Red Cross donation to Hurricane Ida recovery assistance

Ameren Corporation, American Red Cross | September 08, 2021

To help communities impacted by Hurricane Ida recover from the disaster, Ameren Corporation not only sent equipment and hundreds of co-workers to Louisiana, the company is also donating $10,000 to the American Red Cross for additional relief assistance. "Our thoughts go out to all the communities impacted by Hurricane Ida as they go about the work of recovering from the damage caused by this storm," said Warner Baxter, chairman, president and CEO of Ameren Corporation. "In addition to deploying hundreds of our Ameren co-workers to assist with getting the power back on, we are adding a donation to support the American Red Cross and the critical role they play in providing emergency relief to so many in need during this challenging time." Ameren is an engaged partner in the electric industry's mutual assistance network through Edison Electric Institute, and available to help with workforce resources, while also providing financial donations when emergencies in other parts of the country occur. Through the mutual assistance network, Ameren Illinois and Ameren Missouri are eligible to ask for assistance from neighboring energy companies when a crisis occurs. For those wishing to make their own donation, please visit RedCross.org to make a contribution. About Ameren Corporation St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries.Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution services, as well as natural gas distribution service. Ameren Transmission Company of Illinois operates a rate-regulated electric transmission business in the Midcontinent Independent System Operator, Inc.

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Grants From Donor-Advised Funds Totaled $23.42 Billion in FY2018

Philanthropy News Digest | November 14, 2019

Grants awarded from donor-advised funds in the United States in fiscal year 2018 totaled a record $23.42 billion, up 18.9 percent from the $19.7 billion awarded in 2017, a report from the National Philanthropic Trust finds. Based on an analysis of data from IRS Form 990s filed by nearly a thousand DAF-sponsoring charitable organizations, including national charities, community foundations, and single-issue entities, the thirteenth edition of NPT's Donor-Advised Fund Report found that grantmaking by donor-advised funds to qualified charities nearly doubled over the past five years, from $12.35 billion in 2014 to $23.42 billion in 2018. The report found that total DAF assets available for grantmaking increased 8.3 percent on a year-over-year basis in 2018, to an all-time high of $121.42 billion, while contributions to DAF accounts increased 20.1 percent, to a record $37.12 billion.

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Community Bank donates $41,750 to nonprofits in New York

Olean Times Herald | October 10, 2019

For the second year, Community Bank N.A. staff in Cattaraugus County marked National Good Neighbor Day by being involved in helpful activities and donating to community causes and organizations. New York state branches contributed $41,750 to local nonprofits of their choice, including Genesis House of Olean. Olean’s branch will also continue to help staff the Warming House during the end of each semester, when student volunteers are away on school break. “National Good Neighbor Day is an opportunity for us to showcase the love we have for our communities and neighbors — all while having fun,” Eric Garvin, a Community Bank vice president, said. “We’re truly honored to be a part of this community and are grateful for the chance to give back.” The Franklinville branch collected non-perishable food items for Catholic Charities’ food pantry.

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Nonprofit Management

Ameren Corporation adds $10,000 American Red Cross donation to Hurricane Ida recovery assistance

Ameren Corporation, American Red Cross | September 08, 2021

To help communities impacted by Hurricane Ida recover from the disaster, Ameren Corporation not only sent equipment and hundreds of co-workers to Louisiana, the company is also donating $10,000 to the American Red Cross for additional relief assistance. "Our thoughts go out to all the communities impacted by Hurricane Ida as they go about the work of recovering from the damage caused by this storm," said Warner Baxter, chairman, president and CEO of Ameren Corporation. "In addition to deploying hundreds of our Ameren co-workers to assist with getting the power back on, we are adding a donation to support the American Red Cross and the critical role they play in providing emergency relief to so many in need during this challenging time." Ameren is an engaged partner in the electric industry's mutual assistance network through Edison Electric Institute, and available to help with workforce resources, while also providing financial donations when emergencies in other parts of the country occur. Through the mutual assistance network, Ameren Illinois and Ameren Missouri are eligible to ask for assistance from neighboring energy companies when a crisis occurs. For those wishing to make their own donation, please visit RedCross.org to make a contribution. About Ameren Corporation St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries.Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution services, as well as natural gas distribution service. Ameren Transmission Company of Illinois operates a rate-regulated electric transmission business in the Midcontinent Independent System Operator, Inc.

Read More

Grants From Donor-Advised Funds Totaled $23.42 Billion in FY2018

Philanthropy News Digest | November 14, 2019

Grants awarded from donor-advised funds in the United States in fiscal year 2018 totaled a record $23.42 billion, up 18.9 percent from the $19.7 billion awarded in 2017, a report from the National Philanthropic Trust finds. Based on an analysis of data from IRS Form 990s filed by nearly a thousand DAF-sponsoring charitable organizations, including national charities, community foundations, and single-issue entities, the thirteenth edition of NPT's Donor-Advised Fund Report found that grantmaking by donor-advised funds to qualified charities nearly doubled over the past five years, from $12.35 billion in 2014 to $23.42 billion in 2018. The report found that total DAF assets available for grantmaking increased 8.3 percent on a year-over-year basis in 2018, to an all-time high of $121.42 billion, while contributions to DAF accounts increased 20.1 percent, to a record $37.12 billion.

Read More

Community Bank donates $41,750 to nonprofits in New York

Olean Times Herald | October 10, 2019

For the second year, Community Bank N.A. staff in Cattaraugus County marked National Good Neighbor Day by being involved in helpful activities and donating to community causes and organizations. New York state branches contributed $41,750 to local nonprofits of their choice, including Genesis House of Olean. Olean’s branch will also continue to help staff the Warming House during the end of each semester, when student volunteers are away on school break. “National Good Neighbor Day is an opportunity for us to showcase the love we have for our communities and neighbors — all while having fun,” Eric Garvin, a Community Bank vice president, said. “We’re truly honored to be a part of this community and are grateful for the chance to give back.” The Franklinville branch collected non-perishable food items for Catholic Charities’ food pantry.

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