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  • 1.  Fundraising Metrics

    Posted 05-21-2019 11:08 AM
    Hi Kate, Metrics differ based on the nature of fundraising effort (e.g. major donors or crowdfunding, etc.), as well as your overall campaign strategy and organizational structure. Overall, the first and foremost question to ask is, what is the main criteria of success or progress in my current campaign? Then formulate the reports/metrics based on that. For example, a capital campaign towards a specific goal will be focussed on how close you are to the goal. A fundraising campaign that runs annually towards the same target audience should compare YoY results. Some metrics that I advise nonprofits to use: - typical fundraising reports like LYBUNT and SYBUNT. Most CRM's have basic fundraising reports available as canned reports. - Active donor growth (#donors, donation amounts, average donation amount etc.) - Campaign ROI : if you have similar campaign effort year over year, then YoY growth, YoY retention - Efficiency of the organization: time spent in cultivation, solicitation, stewarding. $$'s donated per person, effectiveness of crowdfunding or events versus major donor approaches, etc. - Major donor trends: based on the organization, even individualized donor charts to show trends is useful Reports are entirely based on what data you maintain related to donors and your own solicitation effort, and this aspect heavily depends on which donor database system you use. Reporting capabilities within individual CRM's also vary. Some allow creating custom reports, while some others do not. Some expose all data for drawing reports, whereas some others hide certain fields from reporting. Your mileage will vary. Not all donor CRM's are created the same. Another approach is to export data into a spreadsheet and then run Tableau type visualization/analytics to see the trends. I am not a fan of this strategy, because this essentially forces you to work off stale data. However, sometimes, if your CRM does not support your reporting needs, this is the only option available. Hope this helps & good luck with your reporting, *Medha Nanal* *Strategic Data & CRM Consulting for Nonprofit Organizations* (Fundraising, Programs, Operations, Communications) 650-600-9374 www.topcloudconsult.com ---------------------------------------------------------------------------------------- On Tue, May 21, 2019 at 11:43 AM Kate Becker <Kate.Becker@lulife.org> wrote: > Good Afternoon, > > > > We are looking into our current metrics for our department – both > fundraisers/solicitors and operations. Would you be willing to share your > current metrics? I would also be very interested in seeing the reports you > use. > > > > Many thanks, > > Kate > > > > > > *Kate Becker* > *Corporate Director of Advancement* > 3150 Salt Creek Lane | Arlington Heights, IL 60005 > office (847) 368-7375 | fax (847) 368-7369 > kate.becker@lulife.org > > [image: Lutheran Life Communities] > <http://www.lutheranlifecommunities.org/> > > *empowering vibrant, grace-filled living across all generations* > > www.LutheranLifeCommunities.org <http://www.lutheranlifecommunities.org/> > > > > Caution:This message originated outside of Lutheran Life Communities! Use > caution when opening attachments, clicking links or responding to requests > for information. >


  • 2.  Re: Fundraising Metrics

    Posted 05-21-2019 11:11 AM
    Hi Kate, My apologies for the last line: I realize that in spite of the word "luck" it conveys a very different meaning. What I should have said (and meant to say) was: Happy Reporting. Once again, sorry for the miscommunication!! *Medha Nanal* *Strategic Data & CRM Consulting for Nonprofit Organizations* (Fundraising, Programs, Operations, Communications) 650-600-9374 www.topcloudconsult.com ---------------------------------------------------------------------------------------- On Tue, May 21, 2019 at 12:07 PM Medha Nanal <medhananal@topcloudconsult.com> wrote: > Hi Kate, > > Metrics differ based on the nature of fundraising effort (e.g. major > donors or crowdfunding, etc.), as well as your overall campaign strategy > and organizational structure. Overall, the first and foremost question to > ask is, what is the main criteria of success or progress in my current > campaign? Then formulate the reports/metrics based on that. For example, a > capital campaign towards a specific goal will be focussed on how close you > are to the goal. A fundraising campaign that runs annually towards the same > target audience should compare YoY results. > > Some metrics that I advise nonprofits to use: > - typical fundraising reports like LYBUNT and SYBUNT. Most CRM's have > basic fundraising reports available as canned reports. > - Active donor growth (#donors, donation amounts, average donation amount > etc.) > - Campaign ROI : if you have similar campaign effort year over year, then > YoY growth, YoY retention > - Efficiency of the organization: time spent in cultivation, solicitation, > stewarding. $$'s donated per person, effectiveness of crowdfunding or > events versus major donor approaches, etc. > - Major donor trends: based on the organization, even individualized donor > charts to show trends is useful > > Reports are entirely based on what data you maintain related to donors and > your own solicitation effort, and this aspect heavily depends on which > donor database system you use. Reporting capabilities within individual > CRM's also vary. Some allow creating custom reports, while some others do > not. Some expose all data for drawing reports, whereas some others hide > certain fields from reporting. Your mileage will vary. Not all donor CRM's > are created the same. > > Another approach is to export data into a spreadsheet and then run Tableau > type visualization/analytics to see the trends. I am not a fan of this > strategy, because this essentially forces you to work off stale data. > However, sometimes, if your CRM does not support your reporting needs, this > is the only option available. > > Hope this helps & good luck with your reporting, > > *Medha Nanal* > > *Strategic Data & CRM Consulting for Nonprofit Organizations* > (Fundraising, Programs, Operations, Communications) > > 650-600-9374 > www.topcloudconsult.com > > ---------------------------------------------------------------------------------------- > > > On Tue, May 21, 2019 at 11:43 AM Kate Becker <Kate.Becker@lulife.org> > wrote: > >> Good Afternoon, >> >> >> >> We are looking into our current metrics for our department – both >> fundraisers/solicitors and operations. Would you be willing to share your >> current metrics? I would also be very interested in seeing the reports you >> use. >> >> >> >> Many thanks, >> >> Kate >> >> >> >> >> >> *Kate Becker* >> *Corporate Director of Advancement* >> 3150 Salt Creek Lane | Arlington Heights, IL 60005 >> office (847) 368-7375 | fax (847) 368-7369 >> kate.becker@lulife.org >> >> [image: Lutheran Life Communities] >> <http://www.lutheranlifecommunities.org/> >> >> *empowering vibrant, grace-filled living across all generations* >> >> www.LutheranLifeCommunities.org <http://www.lutheranlifecommunities.org/> >> >> >> >> Caution:This message originated outside of Lutheran Life Communities! >> Use caution when opening attachments, clicking links or responding to >> requests for information. >> >


  • 3.  Fundraising Metrics

    Posted 05-21-2019 05:44 PM
    Good Afternoon, We are looking into our current metrics for our department – both fundraisers/solicitors and operations. Would you be willing to share your current metrics? I would also be very interested in seeing the reports you use. Many thanks, Kate Kate Becker Corporate Director of Advancement 3150 Salt Creek Lane | Arlington Heights, IL 60005 office (847) 368-7375 | fax (847) 368-7369 kate.becker@lulife.org [Lutheran Life Communities]<http://www.lutheranlifecommunities.org/> empowering vibrant, grace-filled living across all generations www.LutheranLifeCommunities.org<http://www.lutheranlifecommunities.org/> Caution:This message originated outside of Lutheran Life Communities! Use caution when opening attachments, clicking links or responding to requests for information.