3 Steps to Create a Successful Monthly Giving Program
A nonprofit relies on donations to power its day-to-day operations, from providing essential services to the community to launching new programs and events. However, once these donations are received, is everything possible being done to retain donors for the long term? Many nonprofits struggle to engage existing donors and encourage those they acquire to continue to give year round. A great way to confront this issue is by setting up a monthly giving program. When donors sign up for monthly giving, they’ll automatically donate a certain amount to the nonprofit each month. A monthly giving program can help establish a reliable revenue stream for nonprofits.
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7 Tips for Fundraising on Social Media
In our increasingly interconnected world, about 82 percent Americans use some form of social network. Social media has become an important channel that nonprofits can use to boost their outreach and fundraising capabilities. Social media is a powerful tool to build relationships with supporters and influencers, relationships that will lead to successful nonprofit fundraising. This article contains a list of tips your organization can use to create and launch an effective fundraising campaign that includes social media.
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10 Ways Nonprofit Leaders Can Boost Their Team's Current Skill Sets
With work constantly changing in response to market fluctuations and tech solutions, upskilling is one way to ensure a business’s employees are ready for any challenge. Upskilling often entails investing in education, but these learning opportunities can sometimes come at a high cost. For nonprofits, making these investments can be challenging if the organization doesn’t really have the funds to support additional training.
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12 Tips For Establishing Telework In Your Nonprofit
The last few years have introduced a number of changes in workplaces across the world, with telework in particular proving that it has staying power as well as innumerable benefits for both employers and staff members if introduced with care and proper planning. Implementing telework into a nonprofit organization requires a considerate approach with all stakeholders in mind to achieve success. To help leaders integrate telework into their own organizations, 12 Forbes Nonprofit Council members each share tips that can aid the creation of a more hybrid- or remote-friendly workplace.
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Bridging the Generation Gap: Why Your Organization Should have an Associate Board (and How to Start One)
Nonprofits are missing an opportunity to engage with the next generation of donors. The author argues that while Gen Z make up over half the U.S. population, they account for only 16% of total charitable giving. The upcoming generation is largely an untapped group of donors and volunteers. Associate Boards are an innovative approach to attracting young professionals to a nonprofit. This article presents four steps for getting started.
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Ethical Fundraising
Transparency inspires confidence. Beyond what the law requires, nonprofits can demonstrate their commitment to ethical practices by being entirely transparent with financial information and fundraising practices.
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How to Use Email Drip Campaigns to Increase Donations
Donations from individual supporters are an extremely important part of a diversified fundraising strategy for many nonprofit organizations. Increasing donations is an important goal for most organizations. However, maintaining the right cadence of communication can be difficult. Drip campaigns are an effective tool to ensure that a nonprofit stays top-of-mind with potential donors and past donors throughout the year.
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The Top 3 Cybersecurity Challenges Nonprofits Face and How to Address Them
Safeguarding the sensitive data of members, donors, and volunteers is critical for nonprofit organizations. Yet, the rise of digital transformation and remote work has created new cybersecurity challenges — and IT budgets often don’t keep pace. To maximize cybersecurity while keeping overhead ratios low and operations lean, nonprofits need to understand the top cybersecurity challenges they’re facing and how to address them cost-effectively.
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7 Ideas for Pushing Your Board Forward in Diversity, Equity, Inclusion, and Belonging
While nonprofits say they support improving diversity, equity, inclusion, and belonging (DEIB) actually doing it requires getting the board to buy-in to the need for culture change. There are many reasons DEIB efforts fail including not being a part of the strategic plan, lack of board champions, and lack of budget. The solution starts with measuring outcomes and holding the executive director and board accountable.
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BNY Mellon Charitable Gift Report 2022
BNY Mellon Charitable Gift Report 2022 assesses the philanthropic landscape, levels of giving over the past five years and donor behavior to provide insights, context, and benchmarks. This report provides analytics and observations on the charitable gift annuity (CGA) and charitable remainder trust (CRT) activity during the calendar year 2021 for 101 nonprofit organizations and the BNY Mellon Charitable Gift Fund. It includes statistics related to life income or planned gifts. Organizations represented included education (56%); faith-based (20%); social services/other (14%); cultural (6%); and healthcare (4%). Data for the report is based on completed gift records in BNY Mellon’s database as of March 30, 2022.
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