The greater the engagement of Donors, the more likely requests to increase average giving amounts will be accepted.
In the effort to increase donations, two other Stakeholder groups merit consideration.
Volunteers and the Board of Directors represent some of the Nonprofit’s strongest advocates. Not only do these Stakeholders tend to donate at above average levels, they also have the motivation and means to expand the Donor base through their own networks. Peer-to-Peer fundraising is an example of how organizations can tap into the energy and enthusiasm of these dedicated supporters to boost Nonprofit revenue.
Nonprofit revenue also flows from events. Whether the event’s purpose is educational, social, or purely to raise money, the goal is to bring in dollars more than are spent to stage the event.
To be successful (i.e. – make money), events need to be carefully planned and executed.