
It’s time to kick off a new year, set goals, and make plans on how to help your nonprofit succeed in its mission in 2025. If you worked hard in 2024 to either thrive or just survive, talking about the “big thing” or “next thing” you have to do might actually sound a bit overwhelming.
As we kick off the new year, it might be more profitable to not focus solely on the future, but instead on the past. Here are two funding stats you should know:
Approximately 20% of donors become repeat donors. This means, 80% of people who give to a non profit donate once, but yet are the most likely people to become repeat or long term donors.
Nonprofits spend up to 500% more money and effort to acquire new donors than to retain existing ones. It is still a lot of work to learn how to retain donors, and to help one time donors become long time supporters, but is is far less work than spending year after year seeking new givers.
Knowing this, before diving into new ideas for 2025, why not take a moment to reflect on 2024? The donors and supporters you already have are your most important asset.
So, before jumping into all your new plans for 2025, it will be far more valuable to answer this question: “How am I making those who donated in 2024 feel valued and appreciated?”
In January, as you take time to answer this question, I’ll also be sharing a few ideas on how to make this happen. So please follow, and let’s work together to make your 2025 fundraising your best year yet!