| North American Nonprofits' Outlook and Tactics For Year-End Fundraising |
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| Written by News | |||
| Wednesday, 23 November 2011 12:57 | |||
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Sage North America today announced the results of its recently conducted Sage Nonprofit Insights, Q3 2011, survey of U.S. and Canadian nonprofit organizations, which focused on questions related to their year-end fundraising efforts. According to the survey, organizations are generally optimistic about the final quarter of 2011, with a third (33%) saying they expect to raise more funds than they did in last year's final quarter. A little more than half of survey respondents (53%) said they have raised about what they expected to at this point in the year.
About one-third of respondents (32%) said they have raised fewer funds so far in 2011 than they expected. "Nonprofits are no longer waiting for our tighter economic conditions to improve and are adjusting their fundraising expectations accordingly," said Krista Endsley, senior vice president and general manager for Nonprofit Solutions at Sage. For the entire year, the majority of responding organizations (63%) expect to meet their fundraising goals for individual donors, while nearly a quarter (24%) project falling short. Also, according to the survey, organizations using mobile strategies as part of their year-end fundraising campaigns are more likely to expect to exceed their fundraising goals (21% versus 11%) than organizations not using mobile strategies. Endsley sees this as a trend. "Organizations focused on creating multi-channel year-end campaigns, incorporating direct mail, email, special events, as well as social media and mobile, are more likely to expect to raise more funds," she said. Other interesting findings from the Sage Nonprofit Insights, Q3 2011, survey: * The most common tactics organizations will use for conducting year-end fundraising are direct mail (84%) and email (69%); however, a sizable portion also will utilize special events (60%) and Facebook pages (54%) * Organizations plan to use a wide range of technologies as they carry out their year-end fundraising, with office productivity applications (59%), online donation solutions (56%), donor management systems (55%), and email marketing (53%) leading the list An executive summary of the survey and results are available at the following link: http://bit.ly/ugcwlT. The online survey was conducted among Sage customers in the U.S. and Canada between late September and early October 2011. Responding to the survey was a total of 175 organizations that solicit individual donations for financial support. Sage has been serving nonprofit and governmental organizations throughout North America for more than 30 years. The company helps more than 32,000 unique not-for-profit organizations increase efficiency and more easily manage their operations through the use of technology. From fund accounting, donor and fundraising management, and grant management, to online donation processing, human resources (HR), payroll, and fixed asset management, Sage offers a software product or service to meet the organization's need.
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About the Author: Kurt Martin is a Founder and Group Publisher of Progressive Media Group (PMG) and the Publisher of Nonprofit Technology News. During his 4 years as Publisher of The NonProfit Times, he grew the imprint from a single newspaper to a community of websites, online job boards, email newsletters and digital editions of the print editions. Prior to taking the role of Publisher he was the East Coast Sales Manager for Broad Daylight, Inc. a knowledgebase company. He also held management roles in advertising and ciruclation sales at American Banker/Bond Buyer (Thomson), Faulkner & Grey (Thomson) and SourceMedia (Investcorp.) Kurt graduated from Montclair State University with a B.A. in Political Science and Public Administration. |