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Review of 2024 Reports on Donor Advised Funds

Review of 2024 Reports on Donor Advised Funds

By Elisa Shoenberger

In the past few weeks, two big reports on donor advised funds (DAF) in the US were released. The findings are pretty fascinating and can help reorient your thinking of how to approach DAF advisors for your organization.

The 2024 National Study on Donor Advised Funds (NSDAF) undertook the largest study of DAFs in the US so far by working with 111 DAFs to parse their data from 2014-2022. One of the most interesting findings is that 81% of DAFs in the study were opened after 2010 with 25% or more opened after 2020. That is astonishing! That means that most DAF advisors are relatively new to having a DAF.

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How to Assess Your Fundraising Campaign’s Success: 3 Tips

People discussing a project at a desk

Whether you’re managing a large-scale capital campaign or a small GivingTuesday push, understanding your fundraisers’ wins and failures can better prepare you for campaigns in the future. However, with so many moving parts at play, it can be challenging to pinpoint your success indicators and understand how to measure them. 

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How Prospect Research Brings Confidence to Your Prospect Meetings

How Prospect Research Brings Confidence to Your Prospect Meetings

We know that the best way to raise money for our organizations is through face-to-face relationships with our prospects. Like any relationship, we must put in time and effort. But sometimes, you need more than a company biography or what is in your organization’s database to establish that connection and maintain it. Knowing how to find the right information can be a struggle.

That is where prospect research comes in. Using public information and internal information from your organization (if available), prospect research can help figure out how to better cultivate the person. Research will help you learn more about the prospect and give you the confidence to deepen that relationship.

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Reduce, Reuse, Recycle: Key Environmental Fundraising Tips

People recycling plastic, paper, and aluminum

Your nonprofit fundraises to further your social good impact, but have you ever considered how your fundraisers impact the environment?

Consider the following ways you can make your operations greener, all while maximizing donations, boosting donor retention, and increasing ROI for your organization: 

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How to Build a Strategic Plan for Your Nonprofit: 5 Steps

Three people are looking at a computer screen

When you think about your nonprofit’s future, what do you envision? 

You might think about serving more constituents, diversifying your source of fundraising revenue, expanding your volunteer program, or hiring more employees. Whatever your specific vision is, you’ll need a clear plan on your side to help you get there. 

That’s where a nonprofit strategic plan comes in, in which you identify how you’re going to reach your long-term goals. 

To set your organization up for success with strategic planning, we’ve put together this quick guide that will cover all the basics you need to know, including five steps for building out your strategic plan. Let’s begin. 

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Warning! Check your Fuel Gauge BEFORE Campaign Launch.

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!

Knowing how much fuel is in the tank is critical before flying an airplane. Similarly, knowing the gift potential in your donor database is critical information before launching a campaign.

Read More »Warning! Check your Fuel Gauge BEFORE Campaign Launch.