Is 2024 a “Make or Break” Year for Nonprofits?
Update: 2024-05-14
Description
The Fundraising Effectiveness Project’s latest Quarterly Fundraising Report™ is out, and we’re digging in! In this episode of Fundraising Today, VP of Client Strategy Kristin Priest breaks down the key findings that compare overall philanthropic giving trends in 2022 and 2023.
The report tracks macro trends in donors, dollars, and retention, then looks deeper at each category. The leading takeaway is that all three show a continued decline, but there is a glimmer of good news. For instance, in 2022, donors were down 10%; but in 2023, they’re only down about 3.4%.
Join us as we discuss what the report means for fundraisers as we prep for the second half of 2024. Will we continue to see decreases, or is this the year that things start to stabilize? Kristin also shares five strategies fundraisers can use to acquire, engage, and retain donors.
The report tracks macro trends in donors, dollars, and retention, then looks deeper at each category. The leading takeaway is that all three show a continued decline, but there is a glimmer of good news. For instance, in 2022, donors were down 10%; but in 2023, they’re only down about 3.4%.
Join us as we discuss what the report means for fundraisers as we prep for the second half of 2024. Will we continue to see decreases, or is this the year that things start to stabilize? Kristin also shares five strategies fundraisers can use to acquire, engage, and retain donors.
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