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Back in May, I first wrote about the impending merger of the Peninsula Community Foundation and Community Foundation Silicon Valley. At the time I expressed some skepticism regarding the result. I feared that it could result in a 1+1=1.5 situation, with fewer nonprofit organizations sharing in slightly larger grants. I said this because I truly admire and appreciate both foundations as they've been.
Courtesy of the Donor Power Blog, today I share with you the calculation that can chart your future. NPV, or Net Present Value, is a simple calculation that can help you prioritize your fundraising efforts, and possibly leave some out entirely. Basically, the calculation takes into account the potential for the donor to support your nonprofit over the life of the relationship (not just the first ask) as well as the cost of cultivating and maintaining the relationship.
You can facilitate online fundraising by your nonprofit organization's supporters with a new site called firstgiving.com. This is not simply adding an online donations function to your group's existing web site, but enabling each of your volunteers and donors to set up their own, personal fundraising page. Using the site, individuals choose a cause and quickly create a page where they conduct their campaign.
Here's a new web site from a colleague of mine, Nancy Neal of Augment Direct (augmentdirect.com). There are, of course, sections about her consulting and coaching services, but also check out the free resources. Nancy has a monthly e-newsletter, Building Relationships , a long (and growing) list of links, and an excellent download (pdf), Principled Fundraising 101.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Does your nonprofit accept donations of used items for either resale or use by your low-income clients? You should be aware of new rules from the IRS regarding deductibility of these items. Items that are not in "good" (or better) condition will no longer be deductible. Old TVs that won't don't work? Games missing half the pieces? No deductions here anymore.
Mary Allie of Marquette, Michigan is a regular donor to the North Shore Animal League - an animal rescue organization that has a no euthanize policy. Recently, she's received a new benefit of being a donor to North Shore: sweepstakes advertisements in the mail. No, North Shore is not in the sweepstakes business, they've simply sold their mailing list to the sweepstakes company.
Mary Allie of Marquette, Michigan is a regular donor to the North Shore Animal League - an animal rescue organization that has a no euthanize policy. Recently, she's received a new benefit of being a donor to North Shore: sweepstakes advertisements in the mail. No, North Shore is not in the sweepstakes business, they've simply sold their mailing list to the sweepstakes company.
Each year the Nonprofit Times, a trade publication for those of us in the public benefit sector, releases its "Power and Influence Top 50" - The 2006 honor roll was released this week, and I am shocked and insulted by one of the additions to this year's list. The honoree I refer to is Dr. James Dobson, founder and chair of Focus on the Family. About Dr.
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