5 Nonprofit Cash Management Statistics & Trends for 2024

2024-07-18T08:51:07-04:00

Managing your nonprofit’s finances is about more than just raising money and recording what you earn and spend. It also involves financial stewardship—the practice of saving, storing, and investing your cash reserves wisely to boost your organization’s long-term financial health. This means it’s crucial not only to manage your organization’s reserve funds well but also to stay aware of the current financial best practices and trends in the nonprofit sector. We’ve compiled this list of up-to-date nonprofit cash management statistics and trends to help you get started. Whether you’re investing your nonprofit’s funds for the first time or looking for the right cash management [...]

5 Nonprofit Cash Management Statistics & Trends for 20242024-07-18T08:51:07-04:00

4 Surefire Strategies for Effective Major Donor Fundraising

2024-06-25T16:13:17-04:00

Major gifts—the largest individual contributions your organization receives—are one of the most significant sources of nonprofit revenue. Many organizations find that 80% of their individual donation revenue comes from just the top 20% of their donors. In some cases, the ratio is closer to 90/10! What constitutes a major gift will vary based on your nonprofit’s unique size and scope. However, the importance of these gifts is the same across the board—they provide funding for the largest, most impactful initiatives your organization runs, from launching new programs to expanding your facilities so you can serve more community members. In this guide, we’ll discuss [...]

4 Surefire Strategies for Effective Major Donor Fundraising2024-06-25T16:13:17-04:00

Choosing a CMS: 3 Tips Your Nonprofit Needs to Know

2024-05-29T14:22:52-04:00

A strong website ties together all of your nonprofit’s activities and accomplishments—educating visitors about your mission, sharing updates with your supporters, and accepting online donations. Because of this, 68% of nonprofits have redesigned their website in the last three years and 94% have a website optimized for mobile browsing. To build and manage an engaging website, you need a user-friendly, comprehensive content management system (CMS) that fits your nonprofit’s needs. Whether you’re considering revamping your website or creating a new one from scratch, we’ll discuss three tips to help you choose the right CMS to support your goals. Here’s what we’ll cover: Define [...]

Choosing a CMS: 3 Tips Your Nonprofit Needs to Know2024-05-29T14:22:52-04:00

4 Best Practices for Managing Advocacy Group Finances

2024-05-24T07:27:25-04:00

Effective financial management is essential for any organization. No matter your purpose, well-managed finances yield data-driven insights that allow those in financial positions to plan and achieve the organization’s goals. Financial management is especially important for advocacy groups since these organizations tend to work under tight budgets and face greater challenges with maintaining public trust. To help, we’ve compiled this list of four best practices your advocacy group can implement to manage its finances more effectively. 1. Establish clear financial policies As various team members interact with your advocacy group’s finances, they’ll need clear guidelines for handling money within your organization. [...]

4 Best Practices for Managing Advocacy Group Finances2024-05-24T07:27:25-04:00

Major Gift Fundraising: Improve Your Strategy with Tech

2024-05-02T09:36:10-04:00

According to the 80/20 rule in fundraising, a small number of donors (typically around 20%) will provide the majority of your fundraising dollars (around 80%). These contributions are referred to as major gifts. What constitutes a major gift will be different for every nonprofit. For one organization, a major gift may be $5,000. For another, the major gift threshold may be $20,000. Whatever the specifics look like for your organization, the importance of these large gifts cannot be overstated. This is why your method for soliciting and securing major gifts matters. You’ll need careful planning and cultivation tactics backed by robust [...]

Major Gift Fundraising: Improve Your Strategy with Tech2024-05-02T09:36:10-04:00

5 Steps to Master the Charity Auction Check-in Process

2024-04-25T15:00:23-04:00

When it comes to planning a successful fundraising event, you need to factor in the entire attendee experience—from ticket purchase to post-event follow-up. If your nonprofit is planning to host a charity auction, it’s important to have an easy, streamlined check-in to make a strong impression on your guests. Your guests should feel confident that you are ready to present them with an unforgettable evening. In this guide, we’ll walk through five steps you can take to make the auction check-in as easy and streamlined as possible. 1. Collect the information you need from guests before the event. You want to move [...]

5 Steps to Master the Charity Auction Check-in Process2024-04-25T15:00:23-04:00

Improve Your Org’s Professional Development Program: 4 Tips

2024-04-16T09:53:52-04:00

If fulfilling your mission and being identified as an employer of choice are priorities for your nonprofit, invest in employee professional development. On the organizational level, you will build a skilled workforce prepared to meet your constituents’ evolving needs, and on an individual level, employees will feel engaged, valued, and committed to your cause. This guide outlines four tips for nonprofits of all sizes and levels of sophistication to improve their professional development programs. By following them, your organization will experience greater employee satisfaction and an enhanced bottom line. 1. Align individual and organizational goals. A key ingredient to success is [...]

Improve Your Org’s Professional Development Program: 4 Tips2024-04-16T09:53:52-04:00

Creating Meaningful Online Donor Experiences: 5 Strategies

2024-04-05T15:20:30-04:00

The average internet user spends nearly seven hours online every day. Between keeping up with global news and connecting with loved ones on social media, your donors have countless reasons to be online. Considering the amount of time they spend on their devices, your nonprofit can tap into many opportunities to bring donors closer to your mission. In this guide, we’ll share five strategies for developing meaningful online donor experiences, including: Improve your website accessibility. Accept multiple ways to give. Encourage two-way communication on social media. Add virtual events to your calendar. Share appreciation and impact online. By strengthening your nonprofit’s online presence [...]

Creating Meaningful Online Donor Experiences: 5 Strategies2024-04-05T15:20:30-04:00

3 Tips for Engaging Your Community as a Small Business

2024-03-29T13:08:54-04:00

Americans are loyal supporters of small businesses. In fact, 57% of consumers say that they are willing to pay more to support local businesses. 81% say that they want to shop at more local businesses but grapple with overcoming the convenience of large retailers. To encourage more traffic from local customers, your small business should build connections and deep relationships within its community. For example, giving back through philanthropic initiatives shows that you care about your community. Additionally, revisiting your marketing campaigns can help you connect with local audiences, reach new audiences and generations, and personalize communications. Whether you own a restaurant, dog boarding business, or flower shop, [...]

3 Tips for Engaging Your Community as a Small Business2024-03-29T13:08:54-04:00

Planning a Grassroots Advocacy Campaign for Your Nonprofit

2024-03-26T13:05:11-04:00

To further your nonprofit’s mission, sometimes you need to take direct action. Whether that means creating a public petition or hosting a rally to draw attention to your cause, your supporters will play a vital role in the success of your chosen advocacy efforts. That’s why many organizations choose to launch grassroots campaigns — advocacy initiatives designed to encourage large numbers of supporters at the local level to advocate for change. This article will explore the basics of grassroots advocacy and the steps your nonprofit can take to plan your own campaign. What is a grassroots advocacy campaign? Grassroots advocacy campaigns are organized efforts that [...]

Planning a Grassroots Advocacy Campaign for Your Nonprofit2024-03-26T13:05:11-04:00

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