Nonprofits thrive on their relationships with their donors. Strong bonds with generous people who believe in the cause can help them generate revenue, project their brand, and engage with more people. Of course, cultivating these relationships isn’t easy. Let’s look at how the best nonprofits maintain strong relationships with their donors.Â
1. Donor Management Software
Managing donors can be tricky without the appropriate tools. That’s why the most successful nonprofits leverage the best donor management software to help with crucial relationships. Such software allows users to examine complete donor history with one click. It also offers the following features:
- Baked-in personalized recipients, thank you emails, newsletters, and more.Â
- Activity tracking for events, campaigns, phone calls, and attendance.Â
- Action plans for workflows.
- Report customization for data analysis.Â
With fundraising and donor management utilities designed to help organizations grow, nonprofits can engage supporters, expand donor bases, and raise more funds to satisfy their key point indicators.
The best part is that such software is affordable. Nonprofits can choose from basic to premium plans, depending on their needs and budget.Â
2. CourtesyÂ
Sometimes a simple thank you can go a long way towards pleasing a donor. Remembering specific personal details to bring up in conversation later is also helpful. You can always use the type of donor management software mentioned above to send personalized receipts and thank you emails to donors automatically.Â
3. Fast Follow-up
Some nonprofits make the mistake of waiting too long before reaching out to a first-time donor. However, studies show that it’s best to strike while the iron is hot. Nonprofits that connect with first-time donors to request a second gift within the first two months of the first donation are more likely to develop a longer-term relationship.
4. GiftsÂ
Small gifts like coffee mugs, keychains, t-shirts, or coasters, proudly displaying the nonprofit’s brand are an excellent way to cultivate donor relationships. Not only do small tokens of appreciation help donors feel appreciated, but they can also spread the mission statement. For example, a mug carrying a nonprofit’s logo in a donor’s office can help market your organization to other potential donors.Â
5. Phone Calls
Nonprofits can maintain strong long-term relationships with generous donors by calling them regularly to update them on the donation status. Givers like to know where their money is being spent. Accountability also helps encourage donors to give more.Â
6. NewslettersÂ
Newsletters are also a great way to enhance transparency. Well-written on-brand newsletters that share progress reports in a concise and informative way help cultivate relationships with old and new donors. Modern nonprofits typically send newsletters via email, though charities with donors from an older generation still rely on physical newsletters.Â
7. Heart and Soul
The most successful nonprofits truly care about their donors. They don’t treat them like paychecks but like people. All the newsletters, gifts, phone calls, and follow-up emails are genuine. Such nonprofits usually hire people who genuinely believe in the mission. Â
These are seven ways nonprofits enhance their relations with their fresh and old donors. The strong bonds they develop with their donors help them move forward.Â