Nonprofit Investment Management Blog

A Quick Guide to Capturing and Using Donor Stories

Posted by Sarah Fargusson on Nov 22, 2024 10:30:00 AM

Storytelling is a powerful tool for any nonprofit's communication strategy. The stories we tell resonate, build connections, and inspire action. 

Beyond telling stories about your cause or beneficiaries, there's a goldmine of potential in sharing the stories of your donors. These narratives not only showcase the impact of their contributions but also inspire others to get involved as donors.

In this blog post, we'll explore how you can effectively capture and use donor stories to enhance your nonprofit’s marketing and communication efforts. Consider this your quick guide to making the most of the stories your donors have to tell.

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Topics: Nonprofit

Key Takeaways From the Nonprofit Innovation and Optimization Summit

Posted by Megan Lencoski on Nov 7, 2024 11:14:51 AM

Attending the Nonprofit Innovation and Optimization (NIO) Summit last month was an unforgettable experience! 

The energy was electric, and the opportunity to connect with other nonprofit leaders was invaluable. The summit spared no detail with an incredible Indiana Jones-themed production titled "Generosity Jones and the Holy Grail of Fundraising"—a fun and memorable touch.

And very fitting - don’t you feel like fundraising is always an adventure of its own?

While the summit was packed with insights, one message stood out: optimizing the donor journey is critical, especially as we approach year-end fundraising. Read on to discover a breakdown of some of the things we learned and simple steps you can take to maximize your year-end success.

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Topics: Nonprofit

How to Plan a Successful Feasibility Study: 5 Steps

Posted by James Barnard on Oct 16, 2024 11:30:00 AM

Major campaigns, like capital or comprehensive campaigns, are no small feat. Before you can successfully engage your community and guide your organization to new fundraising heights, you must ensure your stakeholders are ready for such a monumental undertaking. 

That’s where feasibility studies, also known as campaign planning studies, come into play. In this guide, we’ll walk through five fundamental steps your nonprofit must take to plan and carry out a successful feasibility study.

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Topics: Nonprofit

Stock Donations Simplified: The Overlooked Asset That Could Boost Your Nonprofit’s Revenue

Posted by Megan Lencoski on Oct 8, 2024 5:30:00 AM

Many fundraisers think of cash when it comes to donations, but there's another valuable asset many overlook: gifts of stock. 

And no, we’re not talking about livestock! 

For savvy donors and nonprofits alike, stock donations present an incredible opportunity for giving that benefits both parties.

In this article, you will learn how stock donations benefit your nonprofit, the types of donors to focus on for this type of gift, and the tax advantages (and considerations) for both your organization and the donor.

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Topics: Nonprofit

4 Things to Do After Your Nonprofit Secures a Major Gift

Posted by Sandy Davis on Oct 1, 2024 10:30:00 AM

Securing a major gift for your organization is no small feat, and your achievement should be celebrated! But don’t let the celebration distract you from the fact that your work isn’t done yet. Major donor relationships are delicate and highly valuable to your nonprofit, meaning you need to approach them with care every step of the way—even after you receive a donation.

Once you receive a major gift, move to the next integral part of the major donor fundraising cycle: donor stewardship. In this guide, we’ll cover four steps you should take post-solicitation to steward and sustain your major donor relationships long-term.

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Topics: Nonprofit

5 Tips Nonprofits Should Know When Making Gift Range Charts

Posted by Jay Love on Sep 13, 2024 11:30:00 AM

When hosting a capital campaign, year-end campaign, or other significant fundraising initiative, it’s crucial to be strategic about the fundraising process. While smaller campaigns and fundraising efforts should still entail thoughtful planning, larger endeavors with lofty fundraising goals require more attention to the giving process and the specific donations you’re expecting.

That’s where gift range charts come in. These resources help set major campaigns up for success. The tips in this guide will help your team build an effective gift range chart that steers your campaign in the right direction.

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Topics: Nonprofit

Breaking Down Communication Silos: 4 Essential Practices for Nonprofits

Posted by Chelsey Newmyer on Aug 29, 2024 2:19:48 PM

The free flow of information between departments helps organizations thrive. Without it, projects hit standstills, ongoing activities get bogged down in redundancies, and strategic priorities suffer.  

This is especially true for nonprofit organizations. For nonprofits, missed targets and ineffective workflows can very quickly make the difference between a healthy bottom line (and more support for constituents) and budget shortfalls that set its mission back.

Let’s say you’re conducting a university capital campaign. Different departments take on different tasks during this complex project. Development and marketing oversee their respective activities but fail to communicate effectively both internally and with each other. Your campaign messaging becomes diluted, prospects get solicited twice, outreach becomes ineffective, relationships are damaged—several missteps combine, and you miss critical campaign benchmark goals. But this doesn’t have to be the case! 

Communication silos should and can be actively identified and broken down to ensure your organization will keep growing smoothly and reaching its goals.

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Topics: Nonprofit

How to Build Donor Relationships Through Prospect Research

Posted by Sarah Tedesco on Jul 24, 2024 7:30:00 AM

If your nonprofit has ever fundraised for major or planned gifts, you likely know that developing donor relationships is essential for successfully securing these types of donations. Most donors are only willing to commit a significant amount of money to organizations where they feel valued as an integral part of furthering their missions. 

You may have also conducted prospect research to gather data that helped you identify potential high-impact donors. This information can provide useful insights for reaching out to and building relationships with prospects! 

In this guide, we’ll discuss some of the best strategies for incorporating prospect research into your efforts to cultivate donors. No matter what cause or campaign you’re fundraising for, these tips can help you make tailored donation requests, boost donor lifetime values, and increase supporters’ loyalty to your organization. Let’s get started!

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Topics: Nonprofit

The Nonprofit’s Playbook for Attracting Life Insurance Gifts

Posted by Megan Lencoski on Jun 26, 2024 9:30:00 AM

Forget bake sales and car washes (although, hey, we still love those classics). Have you ever felt like your fundraising toolbox is getting a little…tired? We've all been there. But what if there was a hidden gem, a strategy that could boost your bottom line with the current donor base you already have? 

In this article, we'll shed light on the often-overlooked superpower of life insurance gifts. We'll break down the "hows" and "whys" in a way that's easy to understand and leave you feeling confident and equipped to chat with your donors about this powerful giving option. So, ditch the fundraising fatigue and get ready to discover a strategy that's as strategic as it is impactful. 

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Topics: Nonprofit

3 Communication Tips to Bolster Your Donor Stewardship Plan

Posted by Aly Sterling on Jun 12, 2024 7:00:00 AM

According to 360MatchPro, nonprofits raise an average of $287 per monthly donor each year. When comparing that figure to the average annual revenue per one-time donor of $192, it’s clear that recurring donors can significantly boost your donation revenue. 

However, major and recurring donors don't just show up out of the blue (most of the time). The most successful nonprofits don’t just solicit donations and then forget about their donors. Instead, they build long-lasting relationships with donors through dedicated donor stewardship plans. 

In this guide, we’ll review three communication tips you can implement to improve your existing endowment and major donor stewardship strategy. As a result, you’ll fine-tune your approach and form even stronger bonds with your supporters.

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Topics: Nonprofit

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