How to Build a Strategic Plan for Your Nonprofit: 5 Steps
A nonprofit strategic plan outlines the goals your org wants to accomplish in the near future. Learn how to build a strategic plan for a nonprofit in this post.
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Major Gifts Insights Blog
5 Important Tax Fundamentals Every Nonprofit Should Know
While tax management is an essential financial practice, it can be a pain point for nonprofit professionals. Starting your tax paperwork can be a confusing process if you’ve never done it before, and you likely have a lot of questions about how to get started.
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Warning! Check your Fuel Gauge BEFORE Campaign Launch.
Imagine that you board a plane and just when you have reached altitude, the pilot comes on over the microphone and tells you that although you are scheduled to land in two hours, there is no fuel gauge. The pilot tells you they are optimistic and determined to arrive on time anyway. Would you believe me if I told you this is the way many organizations start their capital campaigns? It’s true!
Review of Charitable Giving by Affluent Households – Part 2
The report was full of so much valuable information, we decided to split it into two blog posts.
4 Donor Appreciation Events to Boost Engagement & Retention
Your donors are what make your mission possible. From simply keeping the lights on to making an impact in your community and beyond, your donors make it all happen. Showing your thanks for their generosity in meaningful ways is crucial for keeping donors engaged, retaining their support, and scaling their gifts over time.
Review of Charitable Giving by Affluent Households – Part 1
The 2023 Bank of America Study of Philanthropy report is the 9th biennial examination about philanthropic attitudes, priorities, and more for affluent US households in 2022. It is written as a collaboration between Bank of America and the Indiana University Lilly Family School of Philanthropy. It is based on 1,623 wealthy US households, defined as either a net worth $1M+ or annual household income of $200K+. The average mean income was $523,472 and average mean wealth of $31M.
Fishing for Prospects: The Promise of Validations
Finding new prospects is often compared to fishing. You throw out a proverbial net and hopefully get an incredible number of fish in return. Some are going to be bigger than others; hopefully, you’ll throw the smaller fish back into the water to grow and thrive.
Family Opportunities: UBS Global Family Office Report 2023
The report is the 4th annual global family office report by UBS. The report provides comprehensive research on family offices throughout the world. Participating in the study were 203 family offices, each with an average $2.2B net worth.
How to A/B Test Your Nonprofit’s Text-to-Give Messages
A/B testing can give your nonprofit invaluable insight into how you can improve your text-to-give requests. Explore how you can leverage A/B testing.
Accepting crypto gifts? You need gift acceptance policies.
If your organization has made moves to tap into non-cash giving opportunities like donor-advised funds, gifts of stock, and various types of planned gifts, good for you! Studies have found that nonprofits that invest in their non-cash giving programs grow six times faster than those that stick to cash gifts alone.
Cryptocurrency represents one of the newest and most exciting (but complex) non-cash giving frontiers for nonprofits. Thankfully, accepting crypto gifts isn’t hard today. You can use a third-party processor to facilitate and liquidate the gifts or set up your organization’s own digital crypto wallet to manage and liquidate the assets yourself.
Read More »Accepting crypto gifts? You need gift acceptance policies.