Fundraising Report Card

2 Ways You Can Become a Data-driven Nonprofit in 2019

Fundraising Report Card

Transitioning your organization into one that is fueled by numbers, metrics, and data-driven decisions is not impossible. Yes, organizations with larger endowments may have been able to bypass some of the challenges you face (budget, staff, etc.), but we can use their successes as a roadmap for implementing data-driven practices at the small or mid-size scale. The post 2 Ways You Can Become a Data-driven Nonprofit in 2019 appeared first on Fundraising Report Card. Culture

A Foolproof Strategy to Retain Lapsed Donors

Fundraising Report Card

No BS, no trickery, no cajoling… here’s a foolproof way you can retain your soon-to-be lapsed donors. The post A Foolproof Strategy to Retain Lapsed Donors appeared first on Fundraising Report Card. Analysis

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Introducing Dan Doyle and Using the Right Tools for Fundraising (Season 2, Episode 10)

Fundraising Report Card

Zach and Tim interview Dan Doyle, the new Chief Evangelist at Fundraising Report Card. Learn about Dan’s background, why FRC is such a powerful tool for nonprofits and consultants, and how Dan can help you make the most out of it. Click here to listen on YouTube! Topic Timestamps Introduction [00:00] Who are you? [01:16] 01:16] … Continue reading "Introducing Dan Doyle and Using the Right Tools for Fundraising (Season 2, Episode 10)".

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3 (Foolproof) Ways to Set Data-Driven Fundraising Goals for 2019

Fundraising Report Card

Not all organizations run on the calendar year, but if yours does, you know that we've entered "crunch time." Budgets are set, the fundraising calendar is in place, and 2019 is looking you squarely in the eyes. During these last few weeks of the calendar year it's important you feel confident in your fundraising goal for 2019. The post 3 (Foolproof) Ways to Set Data-Driven Fundraising Goals for 2019 appeared first on Fundraising Report Card. Analysis

Something to Be Thankful For: A Great Company Culture (Plus 3 Ways You Can Foster It)

Fundraising Report Card

That’s when it clicked. I didn’t mean to say “work” earlier that day, instead I meant to say “company culture.” I derive meaning from my life by giving to others, and our culture at MarketSmart allows me to do that. It began to crystallize as I watched the road pass by in the window. The post Something to Be Thankful For: A Great Company Culture (Plus 3 Ways You Can Foster It) appeared first on Fundraising Report Card. Culture

One Simple Rule for Fundraising Success

Fundraising Report Card

Yogi Berra once said, “If you don’t know where you’re going, you’ll wind up somewhere else.” That sentiment couldn’t be more true when it comes to achieving fundraising success. The post One Simple Rule for Fundraising Success appeared first on Fundraising Report Card. Culture

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6 Simple Steps To Your Annual Fundraising Audit

Fundraising Report Card

Preparing for the end of year is stressful. Executing your end of your strategy can be even more challenging. We get it. No matter what, 2019 will be here before you know it, and the beginning of the calendar year is a great time to audit your annual fundraising performance. The post 6 Simple Steps To Your Annual Fundraising Audit appeared first on Fundraising Report Card. Analysis

How to Stand out in the #GivingTuesday Crowd

Fundraising Report Card

To suggest that fundraising has become saturated would be an understatement. There are more than 1.5 million nonprofits in the United States alone, many with overlapping missions and visions. Nonetheless, each works tirelessly to secure your financial contribution. The post How to Stand out in the #GivingTuesday Crowd appeared first on Fundraising Report Card. Culture

3 Tips to NAIL Your Year End Board Report

Fundraising Report Card

Take these 3 motifs and apply them over the next few months. You can do this, your board will be appreciative, and your organization will grow stronger because of it. The post 3 Tips to NAIL Your Year End Board Report appeared first on Fundraising Report Card. Culture

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Art vs. Science in Fundraising? It’s Neither. Try Evidence Based.

Fundraising Report Card

Does this shift in thinking mean that fundraising is more science than art? I don’t think so. It could be that the entire argument is actually broken. Successful fundraising relies on neither art nor science to perform its best. Let’s add another phrase to the conversation: evidence based. The post Art vs. Science in Fundraising? It’s Neither. Try Evidence Based. appeared first on Fundraising Report Card. Analysis

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3 Tools Our For Profit Company Uses That Your Nonprofit Should Too Pt. 2

Fundraising Report Card

Let’s discuss apps, tools and other resources you could (and should) be using at your development shop to save time and reduce inefficiencies. The post 3 Tools Our For Profit Company Uses That Your Nonprofit Should Too Pt. 2 appeared first on Fundraising Report Card. Culture

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Giving Tuesday – Season 2, Episode 9

Fundraising Report Card

Learn how to stand out and be novel on Giving Tuesday in this episode of Metrics That Matter. Click here to listen on YouTube! Topic Timestamps Introduction [00:00] How do you stand out? [02:30] 02:30] Where do you start? [04:56] 04:56] Novelty [06:34] Go Offline [07:50] Getting ahead of the rush [13:11] Blue Ocean Strategy [13:20] Timing … Continue reading "Giving Tuesday – Season 2, Episode 9".

Three Steps to Build Meaningful Relationships in Life (and with Your Donors)

Fundraising Report Card

Philanthropy tends to be fairly transactional — I give you some money, you send me a year-end appeal — and less relational — I give you some money, you ask me about my life story and connection to your mission. This could be (and most likely is) a contributing factor to dismal donor retention rates. The post Three Steps to Build Meaningful Relationships in Life (and with Your Donors) appeared first on Fundraising Report Card. Culture

How to Become a Data-driven Nonprofit (in 3 Simple Steps)

Fundraising Report Card

The quest to become a data-driven nonprofit is not simple or easy. Use these three steps as guidelines. If you had a checklist for “becoming a data-driven organization,” these three steps would be on it. The post How to Become a Data-driven Nonprofit (in 3 Simple Steps) appeared first on Fundraising Report Card. Analysis

How Your Nonprofit Can Find the Time to Be More Data-Driven

Fundraising Report Card

As a development professional, it’s safe to say you have a lot on your plate. Coordinating appeals, engaging constituents, helping with programs; the list of responsibilities you oversee is undoubtedly long. The post How Your Nonprofit Can Find the Time to Be More Data-Driven appeared first on Fundraising Report Card. Culture

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3 Key Fundraising Metrics Your Board Members Want to See at the Next Annual Meeting

Fundraising Report Card

Today we’ll walk through 3 metrics you’ll absolutely want to share with your board members at the next annual meeting. These metrics come from our team’s experience presenting to dozens of boards over the past few years. The post 3 Key Fundraising Metrics Your Board Members Want to See at the Next Annual Meeting appeared first on Fundraising Report Card. Analysis

The Plan for Fundraising Success – Season 2, Episode 8

Fundraising Report Card

Achieve fundraising success by creating a plan. Zach and Tim discuss the components of a successful plan and how to create one for your organization. Click here to listen on YouTube! Topic Timestamps Introduction [00:00] Success [00:36] Defining Success [01:22] FundraisingReportCard.com/Benchmarks [04:23] Heather Yandow [04:35] A Plan [05:33] Blog Post on FRC [06:24] Is anything … Continue reading "The Plan for Fundraising Success – Season 2, Episode 8".

What You Should Include in a Board Presentation (with Examples & A Free Template)

Fundraising Report Card

Reporting to the board may be daunting, but it’s incredibly important. Your board is tasked with overseeing your organization, and providing them with a snapshot into the health of the organization’s fundraising is critical to their success. The post What You Should Include in a Board Presentation (with Examples & A Free Template) appeared first on Fundraising Report Card. Culture

Do You Really Want Every Donation? – Season 2, Episode 7

Fundraising Report Card

Zach and Tim discuss the Pearson Family Members Foundation vs. The University of Chicago lawsuit and when you should turn down a major gift. Read this blog post for additional context for this episode: [link] Click here to listen on YouTube! Topic Timestamps Introduction [00:00] Lawsuits! [00:34] 00:34] Pearson Family Members Foundation vs. The University of … Continue reading "Do You Really Want Every Donation? – Season 2, Episode 7". The post Do You Really Want Every Donation?

Building a Fundraising Program Takes Time

Fundraising Report Card

Fundraising plans, starting a major gifts program, engaging in a capital campaign and a host of other nonprofit initiatives are like caverns — they take time, diligence and patience to develop. The post Building a Fundraising Program Takes Time appeared first on Fundraising Report Card. Culture

Apps, Services, and Tools For Nonprofits (Season 2, Episode 6)

Fundraising Report Card

Zach and Tim discuss some of their favorite apps, services, and tools. Have your question answered on the podcast by calling in to (575) 815-4573. Click here to listen on YouTube! Topic Timestamps Introduction [00:00] Tools! [01:16] 01:16] 2017 Blog Post [01:35] 2018 Blog Post [01:43] Evernote [02:17] Blog Post (Evernote Tagging) [03:38] Slack [06:08] Workflow’s … Continue reading "Apps, Services, and Tools For Nonprofits (Season 2, Episode 6)".

One Simple Tactic You Can Use to Be More Effective at Everything

Fundraising Report Card

I wish I didn’t have such a “clickbait” title. Even I’d think twice before reading a blog post that suggests it can make you more effective at everything. But, before you press the back button or open a new tab, please hear me out. The post One Simple Tactic You Can Use to Be More Effective at Everything appeared first on Fundraising Report Card. Culture

How Big is a Major Gift?

Fundraising Report Card

When it comes to major gifts can we use the concept of the outlier to determine our major giving threshold? Since we qualitatively and psychologically agree that a major gift is one that has a major impact on your organization, would it also be fair to then suggest that an outlier gift is the same thing? The post How Big is a Major Gift? appeared first on Fundraising Report Card. Analysis Culture

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What Data Can Be Ignored and Does the Approach Change for Small and Big Nonprofits (Season 2, Episode 5)

Fundraising Report Card

Zach and Tim answer questions on what data can be ignored and how the approach changes for a larger nonprofit. Have your question answered on the podcast by calling in to (575) 815-4573 or by emailing tim@imarketsmart.com. Click here to listen on YouTube! Topic Timestamps Terry from San Francisco, California [01:58] Blog Post – Nonprofit … Continue reading "What Data Can Be Ignored and Does the Approach Change for Small and Big Nonprofits (Season 2, Episode 5)".

Do You Really Want Every Donation?

Fundraising Report Card

Spoiler alert: the Family Foundation is suing the University for not meeting all of the requirements outlined in the 60-page charitable bequest agreement. As a result the Foundation would like the $22.9 million they’ve already given returned, and to revoke the rest of the donation. The post Do You Really Want Every Donation? appeared first on Fundraising Report Card. Culture

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How to Improve and Develop Process at Your Nonprofit

Fundraising Report Card

Unlike other business-focused resources though, I have great empathy and understanding for the unique circumstances and challenges nonprofit organizations face. How then can we take what is considered best practice in the for-profit space and make use of it at your development shop? The post How to Improve and Develop Process at Your Nonprofit appeared first on Fundraising Report Card. Culture

2 Outcomes You Should Arrive at after Analyzing Your Fundraising Data

Fundraising Report Card

It may be disappointing, but one of the best outcomes you can arrive at after analyzing your organization's data is to realize that you need to measure a different set of metrics. The post 2 Outcomes You Should Arrive at after Analyzing Your Fundraising Data appeared first on Fundraising Report Card. Analysis Culture

Handling Negative Metrics, The One Metric To Track, and In Tribute Donation Metrics (Season 2, Episode 4)

Fundraising Report Card

Zach and Tim answer questions about handling negative metrics, what the one monthly or weekly metric every fundraiser should monitor is, and benchmarking in tribute donations. Have your question answered on the podcast by calling in to (575) 815-4573 or by emailing tim@imarketsmart.com. Click here to listen on YouTube! Topic Timestamps TJ from Indianapolis, Indiana … Continue reading "Handling Negative Metrics, The One Metric To Track, and In Tribute Donation Metrics (Season 2, Episode 4)".

Beyond the Basics with Donor Retention (Season 1, Episode 5)

Fundraising Report Card

Learn just how important donor retention is and how to make smarter decisions to improve retention and donation revenue. Download the Metrics That Matter eBook at [link] Click here to listen on YouTube! Topic Timestamps Donor retention [02:00] Overall revenue impact? [03:10] 03:10] What mistakes do people make analyzing this data? [06:06] 06:06] Segmenting your data [06:46] … Continue reading "Beyond the Basics with Donor Retention (Season 1, Episode 5)".

What to Include in Your Organization’s Fundraising KPI Dashboard? (Plus a FREE Template!)

Fundraising Report Card

Dashboards, and the information that they provide, can be useful — the operative word being can. Thinking through what’s needed and setting up a fundraising dashboard is the tricky part of the process. The post What to Include in Your Organization’s Fundraising KPI Dashboard? Plus a FREE Template!) appeared first on Fundraising Report Card. Analysis

Original Content is Crucial For Fundraising Success

Fundraising Report Card

Engaging with donors (just like I engage with my clients) takes thought, skill, and care. Your content — the materials you use to interact with your constituents en masse — carries great weight with them. The post Original Content is Crucial For Fundraising Success appeared first on Fundraising Report Card. Culture

Advice for Small NonProfits, Data Outliers, and Getting Your Team Onboard (Season 2, Episode 3)

Fundraising Report Card

Learn what database a small nonprofit should use, how to deal with data outliers, and how to get your team onboard with making data-driven decisions in this special Michael Jordan themed episode. Call (575) 815-4573 to leave a voicemail with your questions. Write in to tim@imarketsmart.com to email in your questions. Click here to listen … Continue reading "Advice for Small NonProfits, Data Outliers, and Getting Your Team Onboard (Season 2, Episode 3)".

How Often Should You Measure Fundraising Metrics?

Fundraising Report Card

Measuring key metrics monthly provides the president to “move fast.” Take for instance a three month trend in donor lifetimes values. If month over month over month you see LTV decreasing it would be a sign that something is going on in the minds of your supporters. The post How Often Should You Measure Fundraising Metrics? appeared first on Fundraising Report Card. Analysis

3 Steps to Build a Data-Driven Organizational Culture

Fundraising Report Card

The biggest barrier to entry that I have discovered over the past 4 years isn’t being unsure what to measure, or having access to information. No, it is a lack of organizational culture that supports this new way of thinking. The post 3 Steps to Build a Data-Driven Organizational Culture appeared first on Fundraising Report Card. Culture

Healthy Growth, Database Management, and Major Gifts (Season 2, Episode 2)

Fundraising Report Card

Zach and Tim respond to three listener questions that include: what is a healthy percentage of donor increase year to year, when should you add a donor or prospect to your database, and what should be considered a major gift? Have your question answered on the podcast by calling in to (575) 815-4573 or by … Continue reading "Healthy Growth, Database Management, and Major Gifts (Season 2, Episode 2)".

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Knapp’s Relational Model: The Key to Raising More Major (and Planned) Gifts

Fundraising Report Card

Relationships are tricky. They’re also scientific. Many smart people have dedicated their lives to researching and understanding why human beings interact with one another. As fundraisers, we can leverage this research to inform how we approach raising major and planned gifts. The post Knapp’s Relational Model: The Key to Raising More Major (and Planned) Gifts appeared first on Fundraising Report Card. Research

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Your Questions: (575) 815-4573 (Season 2, Episode 1)

Fundraising Report Card

Season 2 is here and for this season Zach and Tim will be answering your questions. You can call in to leave a voicemail at (575) 815-4573 or write in to tim@imarketsmart.com. Click here to listen on YouTube! Topic Timestamps Season 2 [00:35] Greg from Eugene, Oregon [02:52] Erica from Tasmania [11:02]. The post Your Questions: (575) 815-4573 (Season 2, Episode 1) appeared first on Fundraising Report Card. Podcast

Goal Setting for 2018: Three Metrics You Must Measure

Fundraising Report Card

Yes, it is busy right now. Yes, we are in the midst of a heavy fundraising season, but in two weeks, when we all return to our offices after a brief holiday respite, it will be a clean 12 month slate for us to work with. The post Goal Setting for 2018: Three Metrics You Must Measure appeared first on Fundraising Report Card. Analysis

Fundraising Analytics for the Small Nonprofit

Fundraising Report Card

Organizations of all sizes can benefit from analyzing their data. Here’s what your small shop could, and should, be doing. The post Fundraising Analytics for the Small Nonprofit appeared first on Fundraising Report Card. Analysis

Applying Concepts with Direct Mail Metrics (Season 1, Episode 6)

Fundraising Report Card

Learn how to apply the concepts discussed in season 1 of the podcast by using the example of a direct mail campaign. Download the Metrics That Matter eBook at [link] Click here to listen on YouTube! Topic Timestamps Direct mail [01:47] Culture and infrastructure [02:52] Who should you send direct mail to? [04:27] 04:27] What is … Continue reading "Applying Concepts with Direct Mail Metrics (Season 1, Episode 6)".

Measuring Fundraising ROI with Donor Lifetime Value (Season 1, Episode 4)

Fundraising Report Card

Learn how to make better fundraising decisions by measuring ROI and donor lifetime value. Click here to listen on YouTube! Topic Timestamps Frequency of donation [02:34] What is LTV not? [03:03] 03:03] Segmenting [05:30] Viability [08:03] Goal ratios? [11:19] 11:19] The Starbucks example [14:04] Profit margins? [19:35] 19:35] Customer satisfaction [21:17] Any forgotten channels? [22:19]

Part 2 — Knapp’s Relational Model: The Key to Raising More Major (and Planned) Gifts

Fundraising Report Card

Earlier in this series we defined what each step is and how it functions within the larger “coming together” phase of relationship development. It may have felt a bit like we reviewed how to fall in love, but today we’ll get a bit more practical. The post Part 2 — Knapp’s Relational Model: The Key to Raising More Major (and Planned) Gifts appeared first on Fundraising Report Card. Research

Cards 40

Learn from Experiences (and Build Stronger Relationships as a Result)

Fundraising Report Card

Whereas most nonprofits send the same old mail to each and every donor (a newsletter, an annual report, a solicitation), the “learn from your experiences” organizations send out something different: they survey their donors. The post Learn from Experiences (and Build Stronger Relationships as a Result) appeared first on Fundraising Report Card. Culture