2018 M&R Study: Monthly Giving Revenue Up 40 Percent

Posted by on May 7, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

I may have mentioned before that there really are not that many trend statistics tracking monthly giving revenue. For individual organizations, there are some wonderful analytics companies to look at trends and compare against their other clients, but that information is not publicly available. The only available stats I know of are: For small organizations (raising $2 million or less): the “Individual Donor Benchmarking Study,” but...

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What’s Your Measuring Stick for Monthly Donor Success?

Posted by on Apr 30, 2018 in Case Studies, NonProfit Pro Today, Recurring Giving |

I’m currently working on the analysis for a big national organization’s sustainer direct mail campaigns. One of the things we needed to settle on first was what they thought was important in measuring their monthly donor success. As you know, monthly gifts are typically small. So, if you only look at the first monthly gifts and possible one-time donations that came in from those donors who are not yet ready to give monthly, you’re not doing...

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Donors and Nonprofits Need To Budget for Effective Giving

Posted by on Apr 28, 2018 in General Interest, Guest Blog |

Many organizations are in the process of budgeting for their next fiscal year. Here’s a guest blog from Chrissy Reynolds who wrote a great post on how important it is for both organizations AND donors to budget their donations. That fits nicely with monthly giving, don’t you think? Donations to the non-profit sector for charitable causes grew by an estimated 3.6% in 2017 and is expected to increase to 3.8% this year. Many charities, foundations...

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How Nonprofits Should Act More like Businesses and Need the Management Focus

Posted by on Apr 28, 2018 in General Interest |

Here’s a guest blog where it’s all about the business focus for nonprofits. Somethings that’s very important when it comes to monthly giving. Once organizations see the power of those small donors, they’ll be more likely to focus on it more. As you know, nonprofit organizations are playing the positive role in the betterment of communities. Non-profit organizations are similar to for-profit organizations because they also need money to achieve...

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Do You Support Monthly Giving?

Posted by on Apr 22, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

You may know I’m a huge promoter of monthly giving. Why? Because it’s a great way to engage your small annual fund donors and increase your donor retention rates. And as a recent statistic showed, sustainer giving is indeed growing, especially online. Last year, 20% of online giving came from monthly donors (aka sustainers, recurring donors; source – Blackbaud 2017 Luminate Benchmarks). Needless to say, the interest in monthly giving has...

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What Do Monthly Giving, Mount Rushmore and Crazy Horse Have in Common?

Posted by on Apr 18, 2018 in General Interest, NonProfit Pro Today, Recurring Giving |

You may now know that I’m a Dutch immigrant. I just celebrated my 25th anniversary being in this beautiful country! I still remember Apr. 10, 1993, when I flew from Amsterdam, Netherlands, to Boston Logan via Bangor, Maine, where we had to stop to refuel because Logan was closed by fog. It was a tremendous feeling when I was able to walk in with my immigration papers. (I became a U.S. citizen in 2008, by the way.) Credit: Erica Waasdorp So, it...

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Monthly Donor Commitment: It Matters

Posted by on Apr 14, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

The Merriam Webster dictionary defines Commitment as follows: a promise to do or give something. A promise to be loyal to someone or something. The attitude of someone who works very hard to do or support something. Wow, that’s something isn’t it? Monthly donor commitment isn’t necessarily easy. It’s hard work. There are two different kinds of commitment in monthly giving: organization and donor. The organization must be committed to the...

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10 Reasons Why Small Monthly Donors Are Worth the Effort

Posted by on Apr 9, 2018 in General Interest, NonProfit Pro Today, Recurring Giving |

During a recent webinar, someone asked me a question. His finance people told him: “For $5 a month, it’s really not worth the effort. The finance charges are killing us.” This is another one of these monthly donor myths I’d like to debunk right away. My answer of course was this: “Yes, offering the $5 a month option to donors is totally worth it!” Here are 10 reasons why: You’re truly showing donor care.  No gift is too small. Your donor can...

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Take Action Right Away to Improve Your Monthly Donor Retention

Posted by on Mar 31, 2018 in General Interest, NonProfit Pro Today, Recurring Giving |

Over the past few weeks, I’ve presented numerous webinars on monthly giving. I’ve also had lots of conversations with organizations asking them about their challenges with their monthly donor retention. And the No. 1 problem is expiring credit cards. When that happens it’s really important to remember the following: The donors did not call you to cancel their commitment! They want to continue giving monthly! They may have just received their...

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Internal Staff Can Delay Your Monthly Donor Program Growth

Posted by on Mar 24, 2018 in Case Studies, NonProfit Pro Today, Recurring Giving |

Nonprofits never cease to amaze me. Sometimes in a good way. Sometimes in a not so good way. This is one of those sad case studies. I spoke to an organization recently, and its executive director told me they wanted to grow their monthly donor program—at least, that’s what he said at first. They have some 500 sustainers who are worth more than $500,000, so they are very high average gifts. Because they’re limiting recruitment by in-person...

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Get the ‘Generator’ Before You Need It

Posted by on Mar 24, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

If you’ve been following the weather, you may know that it’s been a rough few weeks, especially in New England. In Massachusetts, we were hit by our second Nor’easter within 10 days; and this last one was really bad. Snow was falling at one to two inches an hour, and the many downed trees caused power to be out for 99 percent of our area. Emergency shelters were open for days. Some cellphone services went down as well, so many people had no way...

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7 Tips to Create a Wildly Profitable Monthly Giving Program

Posted by on Mar 21, 2018 in Case Studies, General Interest, Recurring Giving, Speaking |

Monthly giving is a huge untapped revenue source for so many nonprofits. I am still trying to wrap my head around the vast potential monthly donors offer. If you have 300 monthly donors – just how much overall revenue would these 300 lovely people be contributing to your cause each year? Let’s run the numbers: If each of those wonderful donors gave the average amount of the typical monthly gift – they would be giving $24/month. That’s really...

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Your Questions and Answers about Monthly Giving

Posted by on Mar 19, 2018 in Case Studies, Recurring Giving, Speaking |

As you know, weve been talking about monthly donors for the past few weeks. And you may have seen my Facebook Live interviews here and here with monthly giving guru Erica Waasdorp. It’s been tremendously fun and exciting to get lots of feedback and questions from attendees. Here is another guest post from Erica – responding to many of the questions we are receiving from our attendees. It’s not too late to join the Monthly Donor Intensive with...

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3 Powerful Ways to Get Your Monthly Donors to Give More

Posted by on Mar 14, 2018 in Case Studies, General Interest, Recurring Giving |

A few weeks ago, Michael Rosen published the post “How to Get Last Year’s Donors to Give More this Year.”  Guest blogger Joe Garecht shared some great advice for increasing giving. However, the post did not specifically address the issue of monthly giving. That led to a reader comment. Larry Little, President of Guardian Angel Basset Rescue, raised some important questions: Our revenues are in the $300k range but approximately 30% of that comes...

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Simplify Your Life

Posted by on Mar 10, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

I’ve been working with monthly donor programs for more than 25 years now. Wow, so much has changed. Monthly giving has become so incredibly easy to set up and organize. And yet, whenever I teach a webinar or give a presentation, fundraisers tend to glom onto the “hard parts” right away. And that’s where in many cases it stops. Please, do yourself a favor. Simplify your life and that of your donors. Take what you’re already doing now in your...

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Three Steps to Launch a Robust Monthly Giving Program

Posted by on Mar 4, 2018 in Case Studies, General Interest, Recurring Giving, Speaking |

Monthly giving programs are becoming more and more popular revenue sources. If you want to nail your own monthly giving strategies to ramp up your nonprofit’s revenue, then join our Monthly Giving Intensive with Erica. You’ll get two jam-packed webinars, slides and handouts full of tips and specific strategies for building a robust, profitable monthly giving program. Erica will also give a live Makeover session of monthly giving materials.  You...

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Report: Online Sustainer Revenue Grows 20 Percent

Posted by on Mar 4, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

This was a tough week for me. I got home from a trip and then got hit by this terrible cold. Boy, I haven’t been this sick in years! I’m finally starting to get over it, and it’s been going around like crazy. What I realized as a sick “donor” was that, because my monthly gifts are coming out of my account automatically, I didn’t have to worry about my mail; but I was still supporting the organization I care about. And you, as the organization,...

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Don’t Keep Your Monthly Donors Waiting

Posted by on Feb 28, 2018 in Annual Appeals, Case Studies, NonProfit Pro Today, Recurring Giving |

Earlier this week, I was talking with a client about their newsletter. It’s mailed to their monthly donors as a cultivation piece, with wonderful stories about how their gift has made a difference. It also goes to their active and major donors. The communications department creates the piece, and, of course, it looks absolutely amazing! But it is probably also going to mail a week or more late. The review process involves numerous people inside...

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How Important are Monthly Donors?

Posted by on Feb 27, 2018 in General Interest, Legacies and Bequests, Recurring Giving |

“If you don’t have a monthly donor program yet, you’d be wise to make that part of your plan for next calendar year and perhaps even sooner than that.” People often ask me why you should focus on this now? Well, if last year’s Harvey hurricane disaster is any indication: Monthly donors provide sustainable revenue, no matter what happens. Their gifts keep coming in, rain or shine! In essence, it’s an extra insurance policy for your...

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Keep Moving Toward More Monthly Donors

Posted by on Feb 25, 2018 in General Interest, NonProfit Pro Today, Recurring Giving |

“If you can’t fly, then run. If you can’t run, then walk. If you can’t walk, then crawl. But whatever you do, you have to keep moving forward.” — Martin Luther King, Jr. I love this quote because it’s so very true, especially when it comes to sustainers—no matter where you are in your monthly donor program. If you have a small number of them, you always want to be moving toward growing that number: to the next 50, to the next...

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How to Ask for Monthly Gifts at Your Gala Event

Posted by on Feb 3, 2018 in Case Studies, General Interest, NonProfit Pro Today, Recurring Giving |

A colleague consultant asked me this question last week, and I was discussing this very same thing with another organization myself. Great timing! A nonprofit in the process of launching its monthly donor program has its annual gala coming up this spring. It’s a fancy event—heavy hors d’oeuvres, silent and live auction, including a “fund-a-need” focused on something they need for their program. Donors typically pay $100 to $150 for a...

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Organize a Process Review to Improve Your Donor Retention

Posted by on Dec 19, 2017 in Case Studies, General Interest, Recurring Giving |

As a fundraiser and donor relations professional, you work hard every day to make sure your donors feel important. You know like no other that all donors need to feel appreciated, no matter how much they give or how often they donate to your organization. That’s why I’m still amazed at how difficult this seems to be, especially as organizations grow. Especially if there are multiple “cooks in the kitchen.” Often decisions are made...

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Nothing Is Impossible If You Just Believe

Posted by on Dec 2, 2017 in NonProfit Pro Today, Recurring Giving |

  Every year, the military base theater near us (Joint Base Cape Cod) organizes the annual Christmas tree lighting. It’s a fun event, with hot cocoa, peppermint sticks and a short visit of Santa, of course! As a military spouse myself (married to a 32-year Airforce veteran), we love our little theater, and this event is always a lot of fun. It’s so wonderful to see the little kids and adults enjoy themselves. The tree lighting is followed...

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Warning: Minimal Stress Involved

Posted by on Nov 26, 2017 in NonProfit Pro Today, Recurring Giving |

Yes, it’s true! Prime giving season is here. Everybody is on high alert. Printers are buzzing. Letter shops are stuffing appeals in overtime. Email drafts for #GivingTuesday and December are flying left and right. You’re pushing board members to commit to calling at least a few donors to say “thank you.” Some have said they’d be willing to come in and write personal notes on some of your appeal letters. And it all has to drop by Thanksgiving!...

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How Will You Engage Your Monthly Donors This Fall?

Posted by on Oct 7, 2017 in Direct Mail, General Interest, NonProfit Pro Today |

This question comes up regularly, but especially now, as nonprofits are starting to prepare their fall and year-end appeals. Should you or should you not ask your monthly donors for money? The answer is a resounding YES. As in YES, you should absolutely ask your monthly donors for money at this time of year. Unless the donor told you that he or she doesn’t want to hear from you, now is the time to engage and ask for a special or extra gift. If...

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How many monthly donors can you expect?

Posted by on Jun 4, 2017 in NonProfit Pro Today, Recurring Giving |

This was first published on Nonprofit Pro How many monthly donors can you expect? That was one of the questions someone asked of me after a recent webinar. That is the $64 million question, isn’t it? The answer may surprise you, because it differs by organization size and organization’s motivation to grow its monthly donors. For example, I was speaking with a group the other day, and they have less than 300 donors to work with. They set a goal...

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When Should You Give Up on a Lapsed Monthly Donor?

Posted by on May 30, 2017 in Recurring Giving |

 posted April 27, 2017 NonProfit PRO Today And the answer is: NOT ANYTIME SOON! A year or so ago, I joined 20 organizations with a monthly gift. And (sneaky me), I gave them a card that was going to expire a month later. I then tracked what organizations did in terms of “thank you” letters and actions to try to get me back. In the next two months, only two organizations picked up the phone and called me! The rest sent me emails and left it at...

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Is an Auto-Responder Message Enough Recognition for a New Monthly Donor?

Posted by on May 26, 2017 in NonProfit Pro Today, Recurring Giving |

Originally posted in NonProfit Pro  What’s the monthly donor experience when he or she fills in the online donation form and clicks the button to submit? In virtually all online donation platforms, it’s a two-step process. The minute the donor hits submit, he or she gets an auto-responder message, confirming that wonderful monthly gift. Then, secondly, an email is sent to the monthly donor confirming that gift again. In many online donation...

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The nuts and bolts of direct mail

Posted by on Mar 13, 2017 in Direct Mail, Speaking |

This post was first published on the Charity How To blog. Before I got ‘hooked’ on monthly giving, I was already a direct mail ‘aficionado’. Why? Because direct mail works. Because people respond to it. Because you can measure what you’re doing. You can see how many fundraising messages you mail out and how many donations you receive back. But yet, so many people are no longer ‘trained’ in direct mail. They think that all donations are...

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Organization Makes Money on New Donor Acquisition Campaign

Posted by on Jun 10, 2016 in Annual Appeals, Case Studies |

When A Direct Solution started working with this organization, serving individuals with disabilities, the organization had some 5,500 donors. It had historically mailed two direct mail appeals a year and two hard copy newsletters. Then the organization hired a new Director of Development. With a small staff, she was tasked to considerably grow the donor base and its fundraising budget. A Direct Solution was hired to help accomplish this. We...

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