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2023 Fundraising Effectiveness Project Takeaways!

2023 Fundraising Effectiveness Project Takeaways!

FromThe Nonprofit Show


2023 Fundraising Effectiveness Project Takeaways!

FromThe Nonprofit Show

ratings:
Length:
29 minutes
Released:
May 18, 2023
Format:
Podcast episode

Description

Josh Meyer, Vice President of Demand Generation at Bloomerang.com, discusses the 2023 Fundraising Effectiveness Project. The project is a collaborative effort among various national donor databases and CRM systems to share anonymized data and analyze trends in the nonprofit industry and is available for free online. The goal of this extensive annual project is to provide insights to nonprofits and improve the software tools they use.The latest data focuses on the decline in fundraising dollars, which saw a 1.7% decrease in 2022 compared to 2021. It is speculated that the impact of the COVID-19 pandemic may have contributed to this decline. However, it is noteworthy that 75% of the total dollars raised came from major or large donors, indicating the importance of having a strong major gift strategy and making it easy for major donors to contribute.This episode also highlights the data showing a decrease in donor participation, which has been a trend over the past decade. It emphasized the need for nonprofits to prioritize donor retention and find ways to mitigate the decline. The importance of volunteer management is discussed and Bloomerang's investment in volunteer management software is mentioned. The software streamlines the process of acquiring, screening, and scheduling volunteers, and it integrates with donor databases and CRM systems, allowing nonprofits to have a comprehensive view of their volunteers and donors.Watch on video: https://bit.ly/3BEdtFWThe Nonprofit Show is the ultimate resource for anyone seeking to make a meaningful impact, bringing together leaders and professionals from the nonprofit and social impact sector in fast-paced, 30-minute episodes featuring a wide range of expert guests. From money management to mission-critical topics, TheNonprofitShow.com offers the information and strategies you need to succeed.Tune in each weekday to hear from guest experts on topics ranging from nonprofit boards, foundations, grant funding, and volunteer management to donor relations and fundraising. Gain valuable insights from legal and tax professionals, marketing experts, grant writers, philanthropy donors, and more.And if you're looking for even more resources, check out the American Nonprofit Academy for news, inspiration, and training to help you make a difference in your community.Follow us on the Twitter: @Nonprofit_ShowSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show
Released:
May 18, 2023
Format:
Podcast episode

Titles in the series (100)

The Nonprofit Show is the daily live broadcast where our national nonprofit community comes together for problem solving, innovations, and reflections to foster greater social impacts.  Each day the hosts and their guest experts cover relevant topics, from money to management to missions, with fresh thinking and ideas to help you and your nonprofit amplify your social impact and better achieve your mission, vision and values. //Join in with The Nonprofit Show Co-Hosts Julia C. Patrick, CEO of The American Nonprofit Academy and Jarrett Ransom, The Nonprofit Nerd and CEO of The Rayvan Group.   Watch or listen to The Nonprofit Show for new knowledge and amazing inspirations.  Connect with nonprofit and social impact experts from across the globe. More details . . . https://bit.ly/34yEYk1 //Signup to watch the Live video broadcast of The Nonprofit Show and receive a show time reminder: http://bit.ly/3nxnADf // The Nonprofit Show is a production of the American Nonprofit Academy http://bit.ly/2LsVonu