The 4 Pillars Of Donor Relations
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The 4 Pillars of Donor Relations
Author | : Lynne M. Wester |
Publisher | : |
Total Pages | : 161 |
Release | : 2019 |
Genre | : Educational fund raising |
ISBN | : |
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"Fundraising has a major problem facing its sustainability, and it has nothing to do with the charitable tax deduction, with the transfer of wealth, or with the new generation of donors -- the millennials. It has everything to do with donor retention. Average donor retention rates for first time donors hover at a dismal less than 30% rate. Yet a focus on acquisition cannot be the whole solution -- not when studies reveal that donor acquisition costs seven times as much as retention. It's more cost effective to keep the donors an organization has than to chase new ones. A well-executed, strategic donor relations program is key to successful fundraising. In this book, Lynne Wester of Donor Relations Guru® helps you rethink donor relations practices and offers specific tips for more powerful acknowledgements, stewardship and impact reporting, recognition, and donor engagement."--Publisher's website.
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