Hope for nonprofits with recurring donations. Just imagine for a moment starting 2021 with your organization’s hard costs already covered! Many nonprofits may not have heard of the wonderful new fundraising strategy.
Did you know that 45% of worldwide donors are enrolled in a monthly giving program?
A reoccurring donations campaign works as follows. Instead of asking donors for a one-time gift of $100 you ask him for a monthly gift of $10. This option is a win-win for both sides. The nonprofit gains an extra $20 annually. It also gains a steady monthly income. Besides, a few weeks before the year is up you kindly ask for a renewal.
From the donor’s side, this option is much better as well. He probably won’t even feel the monthly $10 charge like he would the $100 charge. Donors can understand the need for this type of donation since it relieves fundraising pressure and it allows the organization to focus on its vital work.
Make sure that your reoccurring donors are placed on a separate email list. You should also make sure to send a monthly or quarterly update on your organization’s progress. The updates should include both the past activities and future activities. This way your donors feel that every month their donation is making a difference.
Another great idea for nonprofits is to categorize recurring donors as a sort of VIP donor.
Another great idea for nonprofits is to categorize recurring donors as a sort of VIP donor. Add a special section in your newsletter for them or special seating at an organization’s event. People love to feel special and they deserve to feel special.
You can also give the group a special name like Builders of Hope or Stars of Pride.
Recurring donations for nonprofits is the hope of the times.
Recurring donations for nonprofits is the hope of the times. Easily accept recurring donations in your online form to give your nonprofit a predictable revenue stream.
Great software that can help you’re nonprofit manage recurring donations. Below are some important features that nonprofits should look for in today’s online fundraising market. Embeddable forms. Embed the donation form onto your website so donors don’t have to leave your site to give to your cause.
Youhelp.com has many functions that help integrate our crowdfunding platform with your nonprofit’s software.
For more information on how your nonprofit can take advantage of crowdfunding today send us an email at email@example.com