In the early stages of a nonprofit’s growth, accounting systems may not feel like a priority. However, as the organization grows, it can become increasingly complicated and time-consuming to effectively analyze your financial and operating data. Implementing a technologically advanced financial management system can ease this burden considerably by automating and streamlining core accounting, tracking, and reporting functions, making it possible for a non-profit to grow and carry out its core mission.
According to Nonprofit Source, in 2018 - 84% of millennials gave to charity, donating an annual average of $481 across 3.3 organizations. In addition, millennials were more likely to donate via their mobile devices and through websites than they were by email. These statistics have prompted charities to change the way they ask for donations. Momentum is hoping to appeal to millennials by making it easier than ever to donate to the charity of their choice by donating through a mobile app or through their website.
The Golden Age of Fundraising Technology - The Engagement Nexus A shift has happened. A shift in how we use technology to further fundraising efforts. We no longer focus on counting hits, click-through, likes and posts; understanding these may not lead to conversion—to the actual gift. We focus on something more human. We strive to connect with donors.
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