The Guidance prepared by the Data Protection Network is a practical tool aimed at helping commercial and not-for-profit organisations to assess whether or not they can rely on Legitimate Interests as a lawful basis for processing personal data under the GDPR. The Guidance covers: Understanding what Legitimate Interests are Identifying areas of processing where Legitimate … Continue reading Long Read: DPN Legitimate Interests Guidance – GDPR
Long Read: Good asking
The Institute of Fundraising (IoF) recently launched Good Asking – a report on why charities research and process supporter information. They worked with leading academic Dr Beth Breeze from the University of Kent, to survey over 300 fundraisers to understand why they process and research information about their supporters, and what the benefits are for … Continue reading Long Read: Good asking
Retention is the New Acquisition
While organizations focus on their development goal and raising money through major gifts, events, direct mail, grants and online, it is often stewardship and retention that fall by the wayside. According to Adrian Sargeant and Elaine Jay, a 10% increase in donor retention can enhance the lifetime value of your donor base by up to … Continue reading Retention is the New Acquisition
Donor Retention: What Do We Know & What Can Nonprofits Do about It?
Retention is one of the Big 5 KPIs to measure, but why is it so important? A 10 percent improvement in attrition can yield up to a 200 percent increase in projected value, as with lower attrition significantly more donors upgrade their giving, give in multiple ways, recommend others, and, ultimately, perhaps, pledge a planned … Continue reading Donor Retention: What Do We Know & What Can Nonprofits Do about It?
The BIG 5 in fundraising performance metrics
Reinier Spruit discusses how we're in the relationship building business and how we need to measure and register every response. Ironically, we must quantify the relations with our donors, so we can improve the quality of the contact we have with them. There are a ton of metrics we can track, and should track, like … Continue reading The BIG 5 in fundraising performance metrics
Why crowdfund?
Philippa Christoforou has been part of the OxReach team at Oxford University Innovation since 2016. Since then over £200,000 for social good projects originating at the University of Oxford has been raised. But why crowdfunding? Why not just apply for grant applications? What is the benefit to the project in watching the pledge count slowly … Continue reading Why crowdfund?
Colleges are going online to crowdsource donations, and they’re raising millions
Getting alumni, especially younger graduates, to donate is a challenge for many colleges and universities, especially those that rely on approaches that could end up in voicemail or the rubbish bin. Crowdfunding models are increasingly popular for students to undertake peer-to-peer and social fundraising on behalf of a fundraising program to bring in new donors. … Continue reading Colleges are going online to crowdsource donations, and they’re raising millions
Should you be Crowdfunding?
Crowdfunding isn’t a new concept; it’s been around for nearly two decades. However, it has recently become more prominent as an alternative tool for the Higher Education sector. In this blog, Eliott Falvert-Martin explains how Crowdfunding gives donors a unique opportunity to get interested in a cause on an emotional level and becomes an acquisition … Continue reading Should you be Crowdfunding?
Charity governance, finance and resilience: 15 questions trustees should ask
To deliver against their duties, charity trustees need to be able to identify the critical issues - the charity’s purposes and plans, its solvency, its resilience and quality of governance - and to be able to review these at regular intervals. In this post, the Charity Commission has designed 15 questions to help charity trustees … Continue reading Charity governance, finance and resilience: 15 questions trustees should ask
Nonprofit Board Members Have The Potential To Become Great Ambassadors!
Nonprofit board members have the potential to be exceptional ambassadors for the charity. However, finding the time to coach board members in the art of putting the organization’s public face on view can be tricky. In some cases, the CEO simply doesn’t encourage contact between the board and staff. At other times, they fail to … Continue reading Nonprofit Board Members Have The Potential To Become Great Ambassadors!