Ron Krit’s Post

Did you know that gifts from donor-advised funds (DAFs) now account for nearly 10% of all charitable giving? That's a staggering $52 billion in 2022 alone! 📈💡 Nonprofits are actively seeking to engage DAF donors by making giving as seamless as possible. Here are a few tactics they are using: 🔹 DAF-Friendly Donation Pages: Ensuring DAF options are visible alongside traditional payment methods. 🔹 Educating Donors: Providing clear info on how DAFs work, including EIN numbers to avoid donation errors. 🔹 Consistent Messaging: Mentioning DAFs in all giving campaigns, newsletters, and online content. As the influence of DAFs grows, it's crucial for nonprofits to stay ahead and make it easy and enticing for DAF donors to support their causes. #Philanthropy #DAFs #Nonprofit #CharitableGiving #FundraisingTips

🌟Explore the latest insights on charitable giving with our report: Charitable Support Across Generations in the UK and Ireland. 💡Discover how different age groups engage with causes, their preferred giving methods, and what inspires their generosity. This resource is packed with valuable data to help nonprofits connect with supporters across all generations. Download the report and empower your fundraising strategies: https://lnkd.in/ebNagxrg #Fundraising #CharityInsights #GenerationalGiving

https://lnkd.in/gRHr8ZTf 🌟 Exciting News for Philanthropists! 🌟 We are thrilled to unveil our latest video on Donor-Advised Funds (DAFs). This powerful tool has revolutionized the way we think about giving, and we can’t wait to share it with you! 🎥 What’s Inside the Video? A step-by-step guide on how DAFs work. The benefits of using a DAF for your charitable contributions. Real-life success stories from donors who have maximized their impact. 💡 Why Watch It? - Discover how you can make a bigger impact with your giving. - Learn how to efficiently manage your philanthropic funds. - Find out how DAFs offer flexibility in supporting the causes you care about. -Join us in spreading the word about this game-changing approach to philanthropy. Watch the video, share it with your network, and let’s make a difference together! 🔗 Link to the video #Philanthropy #DonorAdvisedFunds #CharitableGiving #MakeADifference

📣 📣 📣 The two questions Kelly Morris asks for you to consider* below are so important. 🖥 📧🖱 If you go through your own online donation process, you might be surprised (albeit, horridly) by what you uncover. 📊 Our most recent online donor retention benchmark report shows that only 49% of organizations sent a thank you email within the first week of making a donation. 😯 ❗Don't assume you are sending a thank you to first-time donors. Trust, but verify. 👟 *necessary caveat: keep in mind these questions as you go through this process must be considered from the viewpoint of being in your donor's shoes—NOT in your fundraiser or marketer shoes 💬 P.S. Comment below or send me a message if you want a link to the full research study!

New research reveals fascinating insights about the next generation of donors: Key findings: 📍 84% support charitable causes 📍Average 11.4 donations per year 📍76% prefer digital giving 📍70% demand impact transparency Are you adapting your nonprofit's strategy for Gen Z? Our latest blog explores how this digital-first generation is transforming philanthropy. Read the full blog now - link in the comments! #NonprofitTrends #GenZGiving #FutureOfPhilanthropy #SocialImpac #HelpYouSponsor

Misconceptions about fundraising are abundant. One prevalent fallacy is the belief that large donations mainly come from wealthy seniors. However, research shows that people are more inclined to give when they feel a personal connection to the cause. This underscores the importance of emotional ties and individual beliefs in philanthropy. Other misconceptions include the idea that fundraising success is solely dependent on the size of the donor's bank account, rather than their passion for the cause. Understanding these misconceptions is crucial for effective fundraising strategies. What do YOU think are other common misconceptions about donors and fundraising? #NonprofitInsights #DonorRelations #Fundraising

Are You Fundraising Strategically and Focusing on Larger Individual Gifts? On average, we know the Pareto Principle applies to fundraising as much as anything else. Broadly speaking, that would mean 80% of the money comes from 20% of the donors. Whether it's 70/30 or 90/10 or whatever, larger donors Individual and institutional) almost always make up the majority of your giving. Second, from year to year 86-88% of all charitable dollars come from individuals (including individual and small family foundations). That means if you only focus on foundations and corporations, you're leaving a ton of money on the table. Third, the biggest gifts come from cultivating and asking one-on-one. How many gifts at the top of your giving roster came without individual attention? Given all that, are your organization’s fundraising efforts focused where they can make the biggest impact? Yes, it would be amazing if we could have a broad base of support and giving felt more democratic, but it's hard enough to raise funds as it is and we can't keep setting the bar higher. So I believe we should go for the gifts that can really make a difference. And don't be afraid to ask for something big. Asking matters! hashtag #fundraising hashtag #nonprofit hashtag #giving hashtag #philanthropy

Nonprofits, make sure to integrate Planned Giving with Annual Giving! Here are three effective strategies to get started: 1. Educate Your Donors: Inform your donors about diverse giving options. For those at retirement age, highlight the advantages of the IRA Charitable Rollover. 2. Active Listening: During donor interactions, pay attention to the hints they drop about their preferred giving methods. If they mention supporting multiple charities, introduce the concept of a donor-advised fund. Tailoring suggestions to their interests can lead to more meaningful contributions. 3. Combine Messaging: Leverage your existing communications to include information about planned gifts. Share stories of donors who have included legacy gifts in their wills. This not only educates but also inspires others to think long-term. By integrating planned giving with your annual campaigns, you open the door to lasting impact and sustainable growth. #PlannedGiving #NonprofitStrategy #LegacyImpact #Nonprofits #Fundraising2024 #ChangeMakers

🔸What do I want my legacy to be? 🔸How do I want to make an impact? 🔸How long do I want my legacy giving plan to last? 🔸Who will make sure that my legacy is secured? 🔸Does my international legacy giving plan comply with the relevant rules and regulations? These are the best questions to ask yourself as you approach your legacy giving plan. Legacy giving is one of the best ways for donors to support charities they care about and CAF America can help you build your charitable legacy. In this guide, our Brooks Reed, CAP® answers common questions about legacy giving and explains how our services can help you navigate the beginning stages of your philanthropic journey. https://lnkd.in/ekWTg_BP

Let's Talk Fundraising Facts The United States is incredibly generous! Despite a slight dip in giving over the past two years, we are still doing amazing! Individuals Lead the Way: Individual donors continue to contribute the most to charitable giving. Average Household Gift: The average household donation has risen to an impressive $2,500. Yes, that's right, two thousand five hundred dollars! Sophisticated Giving: Individual donors are becoming more sophisticated, with an increase in donations through Donor-Advised Funds (DAFs). A big shoutout to our Community Foundations and Wealth Management Teams for facilitating this! Major Contributions: Donors giving $10,000 or more comprise 70-80% of individual giving. How does your fundraising record stack up against these national trends? If you're not quite there, what would it take to get there? If you're unsure, let me help you figure it out. I offer development assessments that can be completed in just 3 months. From there, you can decide if you'd like me to coach your organization to match or even exceed these trends. Let's work together to elevate your fundraising efforts to new heights! Let's chat! Schedule me with the link in my bio! #fundraising #majorgifts #nonprofits