Page 7 - Nonprofit Fundraising Guide
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FUNDRAISING TRENDS - CONTINUED
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 4.)  SOCIAL MEDIA AND GENERATIONAL SHIFTS

 EMAIL MARKETING TRENDS


 Email marketing continues to be a significant tool for nonprofits, though
 its effectiveness is fluctuating. In 2023, nonprofits raised $76 for every
 1,000 emails sent, a 15.56% decrease from $90 in 2022. Response rates
 to fundraising emails declined by 10% for advocacy emails and 16% for   5.)  GENERATIONAL DYNAMICS AND DONOR PREFERENCES
 fundraising emails. Despite these declines, the number of subscribers
 on nonprofit email lists increased by 7%. On average, nonprofits send   MILLENNIAL DONORS
 59 emails per subscriber annually, with 27 being fundraising appeals.
 Email communications sent regularly are most likely to encourage repeat   Millennial  donors  prioritize  making  a  difference  and  actively  track  the
 donations, with 48% of donors reporting regular email communications   results of their donations, with two-thirds tracking outcomes compared
 keep them engaged. Nonprofits should also consider that 55% of U.S.   to  one-third  of  baby  boomers.  Mid-level  donors  are  particularly  loyal,
 donors prefer to be thanked via email.  with 52% giving to the same cause for over a decade. Additionally, 31%
 have made a bequest, and 23% are in the process of doing so.
 SOCIAL MEDIA UTILIZATION
 MAJOR AND MID-LEVEL DONORS
 Social media remains a critical platform for fundraising. Approximately   Major  donors  remain  impactful,  contributing  approximately  88%  of   OVERALL GIVING TRENDS
 99%  of  nonprofits  use  Facebook,  96%  use  Instagram,  and  88%  use
 Twitter/X.  Nonprofits  post  frequently  across  these  platforms,  with   total  dollars  raised  despite  constituting  just  12%  of  donors.  Location   Educational institutions, foundations, and  public-society organizations
 Facebook seeing an average of 5.95 posts per week and Instagram 4.9   and  income  are  also  significant  factors  in  giving,  with  about  80%  of   have seen the highest increases in giving. However, giving by individuals
 posts. Content that evokes a joyful emotional response tends to be the   donors supporting local organizations and households with incomes of   has  decreased  by  17.2%.  Response  rates  to  peer-to-peer  campaigns
 most widely shared. Social media is also a significant driver of online   $250,000 or higher being more likely to donate.  and crowdfunding  campaigns also reveal a trend toward new donor
 donations, with 32% of donors reporting that social media inspired their   engagement.
 contributions. Nonprofits should be aware of the varied effectiveness of
 different platforms; 23% of marketers see Instagram as the top platform   As  we  wrap  up  2024  and  move  into  2025,  nonprofits  face  both
 for growth, followed by TikTok (19%), Facebook (18%), and others.  challenges and opportunities. By adapting to economic shifts, leveraging
        technological advancements, diversifying donor engagement strategies,
        utilizing  social  media  effectively,  and  understanding  generational
        dynamics,  organizations  can  enhance  their  fundraising  efforts  and
        achieve greater success.
                                                           KEN CERINI, CPA, CFP, FABFA
                                                                   MANAGING PARTNER
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