Scott Koegler

Scott Koegler

Scott Koegler is Executive Editor for PMG360. He is a technology writer and editor with 20+ years experience delivering high value content to readers and publishers. 

Find his portfolio here and his personal bio here

Cryptocurrency Marks a New Path for Nonprofits

The digital revolution is making its way into nonprofits and is inspiring charitable giving. All this began in the past decade, that saw diverse giving channels and donation options that were guided by technology. According to a report by Blackbaud, online giving has increased from 6.4% of all giving back in 2013 to 8.5% in 2018. Among online giving methods that have been adopted widely by nonprofits are cryptocurrencies. Hundreds of millions of dollars in cryptocurrency have been donated to many nonprofits. This includes the notable ones such as Fidelity Charitable and Wild Life Fund, that received $100 million and $4 million in cryptocurrencies respectively.

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Will Nonprofits Leave Facebook?

 Facebook donations have given nonprofits the ability to fundraise from their donors on the world’s leading website with much ease.  With just a Donate button on Facebook, fundraisers can get funds for different causes from all over the globe. While the help that nonprofits have received from Facebook cannot be downplayed, some nonprofit leaders are concerned with the changes that are affecting their charities. Some of these leaders are discussing the possibility of leaving Facebook entirely due to the increasing perception of censorship imposed on nonprofits’ messaging, which puts barriers between them and their donors. One of the reasons that might have informed the decision by Facebook is the Cambridge Analytica saga that led to massive disinformation and data collection.

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Create Your Nonprofit's Strategic Plan

Creating a strategic plan for your nonprofit is one of the methods of ensuring that your mission is well understood and achieved. The strategic plan puts your mission into goals that are not only easy but also measurable and easy to track. It defines where your organization wants to go and outlines how you should get there. Since the business environment changes along the way, your strategic plan also should be flexible enough to address the changes as this will make the plan valuable in guiding your nonprofit to success. As a leader of a nonprofit, a strategic plan will help you land more opportunities and have a template that will guide you to offer top-notch services, ideas, and priorities. Nevertheless, the question that many people ask is; what is a strategic plan?

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