Sarah Sebastian & Steve Lausch: 2023 Fundraising Outlook
OneCause’s research study includes insights to help you benchmark, plan, prioritize and improve your nonprofit’s fundraising this year. From OneCause, Sarah Sebastian and Steve Lausch talk us through.
Listen to the podcast
Audio Player
Podcast: Play in new window | Download
Get Nonprofit Radio insider alerts!
We’re the #1 Podcast for Nonprofits, With 13,000+ Weekly Listeners
Board relations. Fundraising. Volunteer management. Prospect research. Legal compliance. Accounting. Finance. Investments. Donor relations. Public relations. Marketing. Technology. Social media.
Every nonprofit struggles with these issues. Big nonprofits hire experts. The other 95% listen to Tony Martignetti Nonprofit Radio. Trusted experts and leading thinkers join me each week to tackle the tough issues. If you have big dreams but a small budget, you have a home at Tony Martignetti Nonprofit Radio.
View Full Transcript
Transcript for 624_tony_martignetti_nonprofit_radio_20230123.mp3
Good to be here with you Tony, [00:01:46.85] spk_2:
thank you. It’s great to be here talking to you today, appreciate [00:01:50.18] spk_0:
It. Pleasure to have both of you. Thank you and we’re talking about the 2023 fundraising outlook. Who’s the best person to talk about an overview of of this, of the study [00:02:03.86] spk_2:
definitely. [00:02:04.58] spk_0:
Okay, it’s unanimous [00:02:25.75] spk_1:
dive in on that I mean this whole project has been such a great partnership with Sarah but as far as going back to the survey that that fuels the study, um, this, this was, I’d say I can dive in on that. So this is really the fifth year of developing the study into the size that it has been at one cause and the third year of releasing the data in such a way that it is served up in the annual fundraising outlook report. So getting some really great research in a rear view mirror and we’re excited to come out again this year with this report. Maybe to give a little bit more color as to what this report is about and how it works. Um, [00:02:53.28] spk_0:
we kick [00:02:53.88] spk_1:
it off every year tony at our annual conference. So the one cause raised conference and spends about a month in market where nonprofits are engaging and responding to the survey and this particular year, 890 nonprofits raise their hands and said, hey, we want to weigh in on this. So 890 voices from nonprofits, [00:03:16.43] spk_0:
Let’s just call it 900, [00:03:18.41] spk_1:
900 [00:03:20.48] spk_0:
900, [00:03:52.42] spk_1:
900 all shapes, all sizes, all segments. We even did some really cool cross tabulation. Looking at annual operating revenue. I’m sure we’ll talk about that at some level. But you know, every year we ask ourselves as well, tony are we, are we getting the right voices. Are we getting the right um, inputs so that we’re capturing all the right information that is helpful to nonprofits and this year in particular, nearly 30% were executive directors, 31% Deb director Development VPs had a great voice from event directors and marketing professionals. So we really are getting the right voices. In fact, 81% of those who responded are involved in making a technology decision. They may even be the ones pulling the trigger on deciding how we’re going to move forward in the next year with technology to help drive our nonprofit mission. And a lot of that goes to fundraising as we’ll talk about. [00:04:43.56] spk_0:
I also appreciate that the population is very much in line with with our listeners. You know, small and midsize shops. I see 48% have revenue of a million dollars or less. Annual, annual, your, your annual operating revenue a million dollars or less and 31%. So a third basically 350,000 or less. [00:04:59.16] spk_1:
It is so important to to have the representation of that beautiful bride call at this broad base of the nonprofit world that is just those who are maybe just getting started in their garage or their bedroom or wherever they happen to be. But they have a passion for their mission and maybe those that are starting to add more and more volunteers. Perhaps that 1st, 2nd or third full time employee. But whatever it is, it is that beautiful broad base of the nonprofit world that we’re looking at [00:06:15.87] spk_0:
11% were all volunteer. So just like a 10th or don’t even have full time employees. And I saw 49% have 10 full time employees or fewer, though perfectly in line with with our listeners. Now there are, there are large organizations represented over $50 million dollars in revenue. Um, if there are any of those folks listening, uh, let me know and I’ll shout you out because I bet I bet the list is small. Most of the vast, vast majority, vast, vast, overwhelming majority of our listeners are in small and mid size shop. So those are those who were, I’m channeling. Um, let’s define this. It was a little unusual to me the A. O. R. Which I look at as album oriented rock, but that’s because I work up, I was raised on rock and roll. So, but that’s not what you mean by a. O our annual operating revenue. So I mean is that annual budget sarah? Is that, is that annual budget or is that something different? What’s annual operating revenue? Because you segment by by this A. O. R. So it’s important for us to understand, [00:06:45.95] spk_2:
so annual operating revenue, how much money folks are bringing in and then when we touch on budget, how much obviously they’re able to spend for the year. And I think some of the stuff that you just touched on and you’re talking about, like the volunteer numbers and everything that’s really going to come out when we get into some of the challenges. Some of those smaller organizations with uh, the smaller annual operating revenues are really going to be, um, feeling a little bit of a pinch in some of these areas that will take a look at. So I think it will definitely be some good data for the audience at home right now. [00:06:59.70] spk_0:
Is it fair to just call? Not, I’m not going to change the term on you, but is it fair to call annual operating revenue? Like just annual fundraising revenue? [00:07:08.94] spk_2:
Absolutely. [00:07:09.64] spk_0:
It’s the fundraising revenue. Okay. Okay. Report calls it the uh annual operating revenue. [00:07:16.56] spk_2:
Alright. Yeah. [00:07:49.81] spk_0:
Okay. Um, so let’s dive in a bit. I see uh I see some challenges facing non profits of of all sizes really that this was, this was kind of interesting to me. Um, the the challenges that are rated sort of critical critical are definitely a concern. I mean they cut across all the, all the all the the annual operating revenue segments like donor engagement, all all all five of your segments, all six of your segments rate donor engagement as a, as a, as a top five problem. And donor fatigue shows up in five of the six categories. What do we do? What do we know about donor donor issues? [00:09:13.98] spk_2:
Sure. So things things have Changed a lot since the last study. So the challenges that were related to planning around the pandemic dropped significantly because those were at the top of the list in the past couple of years surveys, but don’t get us wrong, like we’re not saying it’s not a challenge anymore. It’s obviously still a challenge, 71% reported that planning related to the pandemic was still challenging for them, But it dropped from number one to number 10 in the list. And those donor-related challenges that you just mentioned, those are coming back to the top. People are starting to feel a little bit of relief and they’re able to shift back to donor engagement worrying about hair. We fatiguing our donors with all of this messaging and everything that they’ve been through over the past few years and donor retention is coming back up into that top four to um recurring giving was something we saw that came out as a top challenge as well. And for the view of challenges that you’ll see in the report first where everything’s kind of rated, it was folks who rated items as critical, definitely a concern or somewhat a problem. And that’s where we came up with that donor engagement, donor fatigue, the recurring giving and donor retention were all there in the top four. So things have changed a lot steve, did you have anything like a little bit of color from the past or anything about like varying sizes? How that differed? [00:09:31.07] spk_1:
Well, let’s start, let’s start with sizes. And then I think there is something to be learned as we look longitudinal e over the study over the past few years. But as we looked at non profits of varying sizes again by that annual operating revenue marker. Uh, that donut retention really fell into, became notable in the top two places for orders that were a million dollars A. O. R. And above. And then [00:09:48.43] spk_0:
excuse [00:10:15.24] spk_1:
me looking at the top three places really tony for most of the market. So we’ll call that the 350,000. 0. R. All the way up the scale. Um, recurring giving was something that became very much apparent in that. And, and I’ll say real quick, um, as your audience accesses this report and downloads it, there’s a, there’s a lot of data right in this one question and becomes v very visibly and visually better understood when you kind of see it, how we’ve laid it out. So I know we’re throwing a lot of numbers, a lot of information, but boy donor fatigue was definitely the top voiced concern that made it into the top five concerns for every segment every strata of the nonprofit nonprofit world. Um, what’s interesting about that for me [00:10:41.49] spk_0:
though, [00:11:03.24] spk_1:
is that while retention has a number, we can put on it. Um, while recurring giving has a number that we put on it, fatigue is a lot more of a perception metric. And uh, it’s, it’s interesting to me that, that, that had such important placed on that particular metric as you look at the data. Now, I’ll also say really quickly we saw staff turnover work its way into the top five challenges, especially as you kind of go up and that was for [00:11:16.48] spk_0:
the larger staff turnover was [00:11:18.39] spk_1:
you got it. Yeah, [00:11:20.21] spk_0:
Over $50 million. They’ve got hundreds of employees [00:11:24.88] spk_1:
well. And look what happened over the last two years. Right. I mean [00:11:27.50] spk_0:
things talk [00:11:54.70] spk_1:
about upset the apple cart, right. And that, that large organization perhaps felt the, the need for agility more and the need for finding out how do we get through this and with such a large staff, it’s just, it was, it was an unfortunate story. We don’t have to dwell on here today. The good news is that, um, is that those nonprofits are working through those challenges. I’ll also add that acquisition and management sponsors and sponsorships also is a challenge that we’ve tracked year over year every year, every year these last few years. And that has surfaced for a number of the segments of nonprofits. So there’s some other, there’s some other color there. But sarah, I’m sure you would agree having released the report yourself. It’s far more visually understood for, for those who can access this and download the report. Yeah, [00:13:14.30] spk_2:
I agree. There are a lot of ways to look at, especially the challenges, um, by breaking it down by revenue level and looking at what’s critical are definitely a concern compared to having like the somewhat important mixed in there as well. But I do kind of want to touch on that donor fatigue because we have been hearing a lot about it and tony I don’t know if you’ve heard this throughout your career to that there’s, there’s been kind of a historical disconnect between nonprofits and donors when it comes to donor fatigue. I’ve done a few studies at various companies in the past where nonprofits said one thing they thought they were really fatiguing their donors and donors are like, no, you’re not. We want to hear more from you. But I think what it comes down to that’s important here is that you have to remember that the communications that you are sending out, if they’re engaging, they’re worthwhile, they’re giving something to your donor, then they’re not going to be fatigued. I know around like holiday giving season, even on linkedin. And I noticed there were a lot of folks popping on that consultant saying, I got this many emails from this, these nonprofits. It’s too many emails and only enough. A couple of donors popped and they were like, oh, I like getting those emails. They told me what was happening. Like how much they were raising from there giving Tuesday campaigns, etcetera. So as long as you’re giving them something that they want to hear. I think they’re going to stay engaged. They’re not going to get fatigued. Have you heard anything about that, [00:13:53.67] spk_0:
uh, from some guests? Yes. Um, let’s first, let’s use this opportunity to remind folks or let them know where they can get the get the study because it’s, it’s very visually engaging as both of you have said. So. One cause dot com. And then where do we go after that? [00:13:57.83] spk_2:
Sure. It’s one cause dot com backslash research. And you’ll find the study there. There are a lot of other resources on our website as well as well as past reports. So if you want to dig in and compare to past reports as well, they’re on that site. [00:14:56.34] spk_0:
Okay. Excellent. Thank you. Um, All right. So this idea of the fatigue, you know, as as steve said, it’s it’s a perception. It’s it’s not something measurable, but it’s, it’s a perception internally. Right in in everybody’s office. What do you, what do you think is, what do you think is causing this idea that we’re fatiguing our donors where Sarah you’re saying they actually want more. And I’ve heard that also, I’ve heard that especially among among and about boards members that, you know, we’re giving our board members too much. No, actually, they want more because they’re your key volunteers. And they the fear is that you’re giving them too much. Um, so I’ve heard it in that respect, but we don’t have to, you know, we have to stick to board. I know that’s not your, that’s not the study, but that’s, that’s where I’ve heard it even even more? What do you think is causing this belief that we’re fatiguing folks [00:15:24.30] spk_2:
right current state. I honestly think we all feel fatigued after going through a pandemic, going through you know political ups and downs. We’re still in this big mindset of uncertainty and I know everybody has heard that word 1000 times but it’s still there and it’s just making everyone feel very unsettled and very tired. So I think sometimes that just kind of bleeds over into our everyday interactions [00:15:28.65] spk_0:
were contributing to it. Yeah we [00:15:31.08] spk_2:
must be doing it too. We must be adding onto the pile but [00:15:34.18] spk_0:
we see it we feel it we must be contributing to it because we send mail and email. Alright. [00:15:39.80] spk_1:
tony I think I think I want to [00:15:42.53] spk_0:
don’t be so hard on yourself basically. [00:15:55.78] spk_1:
I want to jump in here real quick. I do wanna I do want to suggest here at this point that fatigue is a it’s a complex metric to unpack. It is not as simple. I mean I think we could probably spend the next hour kind of um in a conjecture of sorts of how to unpack this. But fatigue comes because as Sarah said it’s something we feel elsewhere. And so we translate that to I’m sending one emails to emails, five emails ergo my donor base must be fatigued. [00:16:21.53] spk_0:
And [00:16:42.39] spk_1:
when we actually look at the data as Sarah has said. In fact some of the great reports that we have available at one? Cause dot com actually give you the perspective of the donor as is our research done every spring. So this is the nonprofit voice every fall compare that to what’s going on in the spring with what donors are saying? Yes, they want the communication. I want to see those emails in my inbox and if I open up one or two of the five, it’s okay. I’ve heard from you and I can digest that you are not asking too much of me. You are not giving too much to me. It is not the fatigue level that perhaps we are putting on on our shoulders ourselves. [00:17:04.36] spk_0:
Sarah, you have many years in your background with ford motor company, right? Oh, that’s steve I [00:17:13.54] spk_1:
carry, you know, you mentioned that in the intro. I carry a good number of years in the automotive retail technology side. Um, and six years now or coming up on six years in the nonprofit world. Two very different worlds. But yes, go ahead. tony on. [00:17:28.74] spk_0:
Do you know, does, does, does the ford motor company worry about fatiguing? It’s uh, potential customers like do they worry about sending too much buying too many ads? Sending too many messages to folks who have signed up? Does the ford motor company? Uh, do they worry about things like that? [00:18:22.10] spk_1:
I would say in general, the automotive world perhaps. Um, let me say this first. Any good marketer understands the sensitivity around sending the right message at the right time to the right audience for the right response. Any good marketers, there are perhaps markets in our ecosystem in the world that are more sensitive to doing that and there are perhaps markets that are less sensitive to doing that. I do find that the automotive world sends a good number of emails and there perhaps, maybe those what you’re getting at, not as worried about fatiguing me at least as a recipient. So I’ll let you put a bow on that where you were headed. But [00:18:53.72] spk_0:
No, that was it. I just, that was, that was my suspicion. But you know, I don’t talk to, uh, Fortune 100 folks, um, ever or even. So I was seeing it in your background. Uh, I was just curious about it. Um, let’s talk some about events. What Sarah, can you talk about, what, what, what is planned and I see more more hybrid being planned. Can you flush that out for us? [00:19:51.24] spk_2:
Sure. I think if we start with a little bit of an overview from 2022, it’s a helpful kind of foundation. Um, so in 2020 to 95% of nonprofits who took this survey said that they held at least one online camp, 93% said they held at least one event in 2022. So vast majority of nonprofits there and that makes up the bulk of quite a few nonprofits fundraising budget, their revenue for the year. So 56% said that they raise 21% or more of their annual fundraising revenue from online and event fundraising. And an additional quarter of those nonprofits said that they raised 41% or more of their annual fundraising budget from event and online fundraising. So it’s huge. It’s very important. Um, and looking back at 2022, as far as how supporters participated in events, I think Steve Do you want to touch on that data for me? [00:19:59.61] spk_1:
Sure, Sure, Absolutely. Yeah. This was really great to see tony So we asked these nonprofits, how did your supporters participate in your 2022 events and then followed up with how many of the following fundraising events do you plan to hold in 2023. So we have to look back, we have to look forward and again [00:20:20.61] spk_0:
for [00:20:47.57] spk_1:
Context, this question was asked an end market with the survey in September so nonprofits were giving us a good view into most of the year to 2022, but they were forecasting into 2023, still sitting in their third quarter of the year. So with that in mind, looking back in 2020 to 32% of nonprofits held in person only events. Now, just I let that just sit for a [00:20:51.21] spk_0:
second and [00:21:52.57] spk_1:
We look back in the rear view mirror a year or two and to consider how we were in 2020, early 2021. No way were one in three only having in person events. So what a great comeback in 2020-1 half of nonprofits, 56% did. In fact, as you said earlier, Tony Lean to that hybrid side, which is fantastic. So let me fill the blanks on the, on the rest here and I’ll come back to the hybrid 9% only virtual 4% no events at all. And for various reasons, I’m sure. But over 50% hybrid tells me a couple of things. You add the only in person and the 56% hybrid together and you have a mass of the, of the nonprofit world that is back in the ballroom. But so much of that is, is uh, an event that is in consideration of that virtual audience. So we learned from the last three years, we learned that people want to engage with with us differently. And so while we’re back in the ballroom, we’re not going to forget that virtual audience, we’re gonna include them. It may be for the whole event. It may not be for the whole event. It may just be for the appeal. It may be for other programming that we wanted to share with them. But the Great News is that we are back to the ballroom in 2022. Now that was of course last [00:22:19.78] spk_0:
year, what [00:22:31.18] spk_1:
about this year, september people are answering this survey and there’s looking forward and guess how many say we are going to hold an in person event, 83%. Look forward in time and with such confidence and Sarah maybe you can, you can elaborate on this. They’re willing to say that over 80% were absolutely back in the ballroom for at least one in person only event. [00:22:59.78] spk_2:
Yeah, I think the confidence levels, that was a real takeaway for us. How much they changed confidence levels about in person events just kind of shot through the roof in this year’s survey. Um, nonprofits who said they were undecided about holding those in person events dropped to 8% this year, down from 20% in last year’s survey. So people are feeling really good about heading back to the ballroom. Like Steve said, uh, [00:23:13.83] spk_0:
I, I saw that golf outings ranked as the number two most common event after after something social. So I’m assuming that’s a gala type event. [00:23:25.60] spk_2:
Yes. I think that the in person auction events and then [00:23:28.12] spk_0:
the person, we’re [00:23:29.27] spk_2:
very successful as well. Yes, absolutely. [00:23:43.28] spk_0:
Now golf outings and hybrid. I don’t know, can we, I don’t know are they playing like minute, are they playing golf? They have their favorite golf app or they, they’re, they’re in there, they’re in their stroke trainer, you know, maybe it’s videoing them while others are actually playing. I don’t know, can we do a golf outing hybrid. [00:24:13.74] spk_2:
I have actually seen, I do not remember the name of the software or the company, but there was a virtual golf software that a nonprofit for an event. So I know it’s possible it’s out there. People really made some as we’ve all heard major pivots to, you know, fit the pandemic in our way of life changing. So it’s definitely out there. I’ll have to look into that and see if I can get that over, [00:26:49.39] spk_0:
you know, the dinner, the dinner or the lunch after. I mean I could see that being a hybrid but I was just wondering about the golf experience itself. I don’t know, maybe golfers are out there with caMS on their GoPro’s on their heads or something. And so you vicariously. Oh, that shot sucked. Oh, you’re terrible camera to somebody else please. You’re awful. It’s time for Tony’s take two. I’m talking a lot about planned giving in January and February. I’ve got 15 webinars and podcasts on planned giving uh just in in these like not even the full two months. It’s more like six weeks january and early february. A cornucopia of webinars uh podcast, a prodigious profusion of podcasts. I’ve got coming up lots of content. Um, if you are at all interested in learning about the basics of planned giving, launching, planned giving at your nonprofit then you may very well be interested in this Horn of plenty of content that I’m doing with other folks who are hosting me for webinars and podcasts. You can keep abreast of what I’m doing by following on linkedin or maybe I should say more correctly connecting, connect with me on linkedin. Uh, follow me on twitter. And another way is you could sign up for the nonprofit radio Insider alerts at tony-martignetti dot com because I let folks know um, on that, who, who is hosting me and uh, where you can hear me speak. So if you are interested in launching planned, giving, planned, giving basics, I’m doing a lot of talking about that in january and early february. That is Tony’s take to imagine that We’ve got boo koo but loads more time for 2023 fundraising outlook with Steve and Sarah Sebastian, imagine that data, Let’s talk about data. You’re a data driven type organization and what, what, uh, you had some takeaways about data access. [00:27:15.32] spk_2:
Yeah, I think this was our surprise, not surprise moment really when we were looking at data because we all know that a lot of nonprofits do struggle with data, whether there’s too much of it or what to do with it. Uh, so we found that making it accessible and actionable just continues to be a concern for nonprofits like, okay, yeah, we know that already. But when we actually saw the numbers, that was kind of the moment where everyone on our team Kind of got slack jawed whenever they heard the stats. Um, so only 18% of non profits who took the survey said that they actually have access to all of the data that they need 18%, that’s [00:27:26.46] spk_0:
it and [00:27:35.91] spk_2:
that they use it to make decisions. Um, and of course those smaller nonprofits did report having even less access to the data that they do need. So it’s a bit of a struggle and steve, I think, I know you have something to say, [00:27:40.78] spk_1:
Oh, I always have something to say [00:27:43.25] spk_0:
That that’s, that’s dismal. You know, one [00:27:46.68] spk_1:
in five, [00:27:47.80] spk_0:
one [00:27:54.77] spk_1:
in five. Like if you’re sitting down around the table right with five nonprofits and one of them says I have all the data I [00:27:55.86] spk_0:
need, I [00:28:04.99] spk_1:
have it in the place where I need it and I have it served up to me in a way that I know what to do with it. Make a good decision. That’s dismal. That’s a great word for it. [00:28:07.05] spk_0:
Yeah. [00:29:21.91] spk_1:
And then we looked at some other aspects to this tony and okay, if if you do have a lot of data, Then what’s holding you back from using it every day to make meaningful decisions in your fundraising strategy 26%. So again, another like, well in this case, one in four, I suppose roughly so that they don’t have the time to form the insights they have the data, but maybe it’s just it’s just a matter of time. We all get that we, especially your audience, as you said, the smaller nonprofit world is there’s never enough time in the day. So I think there’s an opportunity for us, especially as you said as our data providers, technology providers that, that work off the data serve up data help nonprofits live off data. We need to serve it up in a way that makes sense that it doesn’t take time. Another one that I’ll share another one in five said that they don’t know how to form actionable insights. Okay. So I have the data, but again, it’s, it’s, it’s not and it may even be like right there for me, I don’t even need the time to go dig, you know into it and pull a report and compare and pivot tables and all the, I just don’t even know how to form an actionable insight based on what I’m given. Again, I believe that this is on us and our world to say here is what your auction data is telling you [00:29:35.32] spk_0:
this is a data literacy issue. Then people not feeling comfortable making conclusions from the data that they do have. Is that isn’t that that data literacy, [00:31:16.58] spk_2:
I think to some extent it is. But I also think the data can be intimidating just because there’s so much that can be measured and there’s, there are a lot of numbers obviously coming out of fundraising. What do I do with all of this? And I think people, especially non profits, you know, they have big jobs, they’re trying to make the world a better place. They want to do big things. And I think when you’re looking at data, you have to narrow and pick something small first and focus on that. Okay, I’ve got this piece master now I can pick another metric and focus on that. And I guess trying to give an example of that if you have part of your fundraising strategies to boost your recurring revenue this year. Great. Okay, where do I start? What do I do? What data do I look at start by going into your crm and looking at donors from 2022 who gave maybe three or four times. And I use myself as an example for this because this happened to me, I gave I think four or five times two best friend animal at best Friends animal society last year, just throughout the year as I was giving an honor of friends, pets, my pets, etcetera. They called me after running a little campaign and said, Hey, you know, we noticed that you’ve offered ongoing support last year, thank you for these gifts of these amounts. Would you consider becoming a recurring donor at $25 a month? Why not sure I can, I can spare that. Great. And even with just those little incremental increases across a couple of 100 people, you’re boosting your revenue there. Alright, you’ve boosted revenue using this one small metric that you focus in on what can you do next. So start small. Don’t get too overwhelmed to try to find somewhere to start, got to start somewhere. [00:31:23.02] spk_0:
Let me give you a generous softball shameless self promotion opportunity because we’re talking about data being overwhelming and, and, and uh, like frustrating, how does, uh, how does one cause overcome that? [00:31:44.28] spk_2:
I [00:31:44.45] spk_0:
think the great, [00:32:02.93] spk_1:
the great news is we help in a lot of ways. I mean we help connect nonprofits with more donors. We help that connection be meaningful in a way that it, it truly helps them engage with those donors. And we talked, we talked about donor engagement back when we were looking at that Finding around challenges, Tony Right. And so once we connect with more donors and engage with more donors and do that through a number of different ways to fundraise. That’s one of the things that we found and maybe I’m getting ahead of myself here. But I know we’ll talk about priorities for 2023 that nonprofits had told us about. [00:32:21.12] spk_0:
But looking [00:33:36.68] spk_1:
at new ways to fundraise to find new donors, acquire new donors and then use that engagement to retain those donors are nonprofits find that they are more highly satisfied with the technology that they acquire that they, that they purchase, that they use every day. And uh, it drives our mission and that’s what it’s all about. I I tell, I’ll give you a little anecdote here. tony but tomorrow and every Tuesday first Tuesday of the month. I help onboard new 11 cost team members that join our company. And I tell them, hey, you’re gonna have its work. You’re gonna have a bad day every now and then. But what we do, even on those bad days, we help make sure that another child is educated, another family is fed. We’re taking two steps closer to just finding that cure. Right? And this is all executed through these amazing nonprofits, all over the nation. How do we get involved with that? Exactly what I shared with you before, helping nonprofits find those donors engage those donors retain those donors and building a wonderful relationship that helps build a better tomorrow. Softball question back at you. Nobody [00:33:38.05] spk_0:
answered. I was waiting. Yeah, I’m glad you. Thank you for stepping [00:34:32.11] spk_2:
up. I do have something. I think since I just started talking about focusing on small things, something popped into my head while steve was talking about connecting with more donors. We run a campaign every year called in detectives where companies sign up and fundraise for nonprofits in the Indianapolis area. Um, and we use our peer to peer system for that. So we get in there, we use it, we fundraise for, we would fundraise fundraise for make a Wish Foundation this past year and looking even in just our peer to peer tools, we’re talking about starting small, There are little data points in there. Even for our donors where you can trap how far your social posts are reaching, how far different campaigns are reaching. So even donors can look and see what’s working to get the word out about a campaign and shift their strategies to use that particular social platform or that particular technique. So there are things built in throughout the system to even help donors analyze data, which I think is really interesting and something I haven’t seen with a lot of other fundraising platforms to be honest. So I think there’s something helpful there. [00:34:45.38] spk_0:
Thank you. Alright, let’s let’s let’s go back to the, to the fundraising outlook. What are their takeaways are there that we haven’t talked about yet that you like to highlight you think are important for small and midsize shops to know the benchmark against. [00:36:55.44] spk_2:
Sure, I think I would like to touch back on the hybrid fundraising aspect quickly, Quickly calling out again, steve touched on that 56% held hybrid events in 2020 to 32% held in person And looking at 2023 as nonprofits were looking ahead 45% said they were going to be holding hybrid events in 2023, which is really good to hear. Um, those hybrid and in person events were what we saw as most successful budget wise, performing against budget. And when we looked at, um, how they were performing against their budget was 80% who held either an in person or hybrid event reported that they were raising in line or more than their budget for the year. So great. We definitely want to focus on in person and hybrid. But I think Steve touched on this point a little bit The good part about this is that people are listening to donors. He mentioned some earlier research we had done with giving experience study earlier in the year where we get donor perspective on everything. And in that particular report, 56% of event donors said that they wanted some sort of virtual option. So I think that’s something that’s really important for nonprofits of all sizes to listen to, especially the small and midsize shops. We understand that hosting a hybrid event, there’s a lot of work. It’s, it’s tough. We held our race conference was hybrid this last year and it was hard. So definitely empathize with that. And but you’ve got to listen. It’s worth the effort if your donors are telling you this is what they want to give it a shot. Look at that event calendar. See if you can fit in some sort of virtual option in there somewhere. If it’s not on there now because that’s what people are saying they want to do this year. And of course keep an eye on the news because we know we’ve been hearing from here and there. There’s some, some numbers numbers going back up with covid cases, fingers crossed. Of course we don’t want anything to happen. But in the event that it does, It’s good to have that in your back pocket as an option for your donors. [00:37:03.27] spk_0:
Do you think it’s worth surveying. [00:37:06.20] spk_2:
Absolutely. [00:37:26.27] spk_0:
Or do or donors like is everybody going to say I want the hybrid option. But then the fewer people actually sign up for it once it’s offered, everybody wants the option and then we set it up. We spend the money on the production and the platform. And, and then a disappointing number of people actually subscribe to it, join the stream. What do you what do you think? Yeah, [00:37:46.92] spk_2:
I agree with that. That is kind of a sticking point when planning events as well. But if people have been telling us this is what they want, give it a shot. If it’s a total flop, then, you know, but I do agree that serving finding out what people want to do. Sometimes people are going to say yes and then they change their minds. I mean people change their minds all the time. You never know. But we have had customers who have said when they did offer that virtual option, they even wound up just getting donations from people who couldn’t attend the event in person and didn’t wind up, you know, going the virtual route. So offering that donation option along with that registration could be a possible solution to that as well to make up some of that. If people decide they’re not going to go the virtual route? [00:38:16.65] spk_0:
I I saw that um, the fundraising, the priorities [00:38:20.55] spk_2:
looking [00:38:36.37] spk_0:
Forward are consistent with the challenges. So that’s that’s good. Our our community is aligned with what they see, where they see problems and where they know they have to focus. So 97% of of your respondents said that donor acquisition is going to be a key focus. I mean that, you know, it may as well call it 100% and nine right. If we’re going around 8 92 900 we could certainly around 97 to 100. Um and 96% right is right there to say donor retention is a key focus areas. So it’s gratifying to see that priorities are in line with the [00:38:58.80] spk_1:
challenges. [00:39:00.00] spk_0:
We’re rational, we’re all rational. [00:39:02.17] spk_2:
It makes [00:39:03.47] spk_0:
sense that the actor, a bunch of rational actors [00:39:39.41] spk_2:
Um outside of those, I wanted to run through the top priorities really quickly because there’s some interesting differences in how folks rated those. So you touched on the top two. Um, next up was increasing funds from existing campaigns and that was, that was pretty high as well, 93% said that there was a priority and these were ranked as critical or important by folks who responded. Um, then there’s kind of a draft in the rate here, new ways to fundraise came in at about 82%, a little bit above that was operational efficiency and effectiveness at 84 and I find that kind of interesting [00:39:41.84] spk_0:
because [00:40:09.51] spk_2:
you know, if you’re focusing on operational efficiency and effectiveness, there’s probably gonna be a little bit more time in your day to focus on donor acquisition and retention. But there’s kind of this vicious cycle and all of these little things that go into that because we just talked about people being short on resources short on time so they can’t get to focusing on the operational efficiency. So I think there’s some work to be done and figuring out how to address all of these challenges and priorities in a way that’s beneficial to everybody and especially for these small and mid sized shops that are struggling with the resources and I know steve and I have talked about new ways to fundraise and how that can help with the donor attention in the acquisition as well as you want to. [00:40:39.93] spk_1:
Yeah, I mean that’s that’s the diamond in the rough, as far as I’m concerned because we’re looking at it, this is nothing shiny at this point. It’s 82% for new raise to fundraise when we’re looking at 97% for donor acquisition, but it’s very possible that the new ways to fundraise and, and I think what we tend to do tony we tend to imagine the worst possible scenario, right. If I look into a new way to [00:40:50.59] spk_0:
fundraise, it’s [00:41:48.03] spk_1:
gonna take loads more time that I don’t have, it’s gonna take a lot more effort that that I just, I’m not ready to give. It’s gonna, it’s gonna expose me to all kinds of distractions. Uh, let’s go back to something, Sarah said, how about we start small? There are there are fundraising platforms available that allow you to break out of just the event type of fundraising And we then elements appear to peer weave in elements of social fundraising. Be able to tie together your online with your event efforts so that perhaps you are able to, by using new ways to fundraise, acquire new donors, retain some of those same donors because you’re doing it in a slightly different way where you might actually engage them differently. So I would, I would encourage your audience to consider. Okay, what is available to me that I might be able to try a slightly different way to fundraise, engage a slightly different audience and in fact, I may end up acquiring those new donors and retaining my current donors at the end of the day. Even better. [00:42:08.34] spk_0:
All right, what else? We have some good amount of time left. If we, if we like any, any other stuff that uh, we haven’t talked about that you think is important for folks to know anything else from the study? Let me just remind folks you can get it at one cause dot com slash research. It’s the 2023 fundraising outlook. [00:42:23.94] spk_2:
Perfect. Anything [00:42:25.35] spk_0:
else? [00:42:25.65] spk_1:
I’ll add something. Let’s go back. Let’s go back to challenges real quick, just for just for a minute. And [00:42:32.02] spk_0:
this is gonna [00:42:33.23] spk_1:
sound, this is gonna sound a little bit perhaps initially on the negative side, but I’m going to try to turn it into a little bit of a sunrise for us and end on something inspirational. Um, I’ve had the privilege of running this survey for I think I said five years now, five or six [00:42:51.04] spk_0:
years [00:42:51.97] spk_1:
And one of the things Tony that we do is we take that question around challenges. And we, we talked about this right donor fatigue, donor engagement retention, recurring giving, etc. And, and there are 13 different challenges that we asked non profit respondents to rate individually so we can track those as individual challenges. [00:43:13.35] spk_0:
We can [00:43:13.77] spk_1:
also track them as a collective level of challenge that the nonprofit says, hey, this is my [00:43:20.98] spk_0:
overall [00:43:22.26] spk_1:
level of challenge this [00:43:24.49] spk_0:
year. [00:43:51.86] spk_1:
We take that average across the entire respondent base. We’ll call it 900 and we’ll link that back to what things look like in 2021 and we can compare that average as well to 2020 and a 2019. And what’s really interesting to me. So two points first one again, perhaps on the surface a little negative is that those challenges are getting more intense. The average of those 13 challenges year over year, the relative rating of those challenges is increasing year over year over [00:44:00.65] spk_2:
year. I [00:44:02.10] spk_1:
Would have thought initially that 2020 would have been defining the ceiling and perhaps 2021 a little less and 2022 a little less. That’s not the trend. The trend is actually showing more intense challenges for our nonprofits. [00:44:20.49] spk_0:
The good [00:44:21.01] spk_1:
news is that we have data like this report and other reports out there that help us focus in on that right step that, that next right step and how to understand that Sarah was saying to find that one metric, maybe it’s around recurring giving, maybe it’s around looking at my, my uh, tech acquisition. Uh, there’s all kinds of things in this report that we’re not obviously covering in in these few minutes, but [00:44:50.45] spk_0:
take [00:45:29.16] spk_1:
This report, find that one or two next steps that you can actually move against in 2023 and watch yourself move be pulled out of those challenges in that one area. Are you going to improve every area? Probably not because not one of us can do everything. But the good news is that we have a clear path to make good decisions to see what our peers are doing with through research reports like this, see what the rest of the nonprofit world is doing, where they’re succeeding and we can point our ship there and really look to succeed even if it’s in small ways in 2023. So that’s, that’s probably my, my, my message of hope and inspiration using something as as, uh, as vanilla as data. But boy, it really opens up the opportunity for us to see what we need to do next. What step we want to take and where we can make progress in the next year. [00:45:48.63] spk_0:
Anything that sounds like, you know the way one cause hopes that you will use their 20, fundraising outlook. Sarah, what would you like to leave this with? [00:46:58.64] spk_2:
I kind of wanted to touch on steve mentioned tech acquisition and there’s something in the report about shifts in nonprofit technology investment. I would love for people to kind of look at the particular chart for that. I think about it. I’m looking at it right now on my other monitor actually and there are 36% of nonprofits saying that they’re going to invest more in marketing automation. So that’s kind of in line with, you know, the donor acquisition piece we were talking about in the challenges etcetera. And I’m interested to see, you know, what is the R. O. I. On this once this year happens? How do people use it? Was it effective for them? Did they feel like they had enough training? Were they able to use it? Because I don’t really want people to fall into that hole of, here’s the data and now I don’t know what to do with it. So I’m interested to see if there are enough resources out there for folks related to that marketing automation. Are they getting the training? They need to know how to use it effectively. Um I’m just interested to see next year’s results I guess is what I’m trying to say, but I do kind of want to echo steve’s message. I I want nonprofits to know they’re not Lonely islands. There are other nonprofits out there who are obviously facing similar challenges and looking for solutions. Talk to other nonprofits, talk to your peers, uh something that may have worked for them, may work for you, something that works for, you may work for them. So really rely on your community to talk through solutions that you’ve been working through and share the wealth of those ideas because we’re all in it for the same reason and that’s to make lives better for everyone. So definitely share the knowledge. [00:47:29.48] spk_0:
Alright, messages of hope and inspiration [00:47:33.08] spk_2:
from [00:47:34.25] spk_0:
from two directors at one Cause Sarah Sebastian Director of corporate communications steve Lauch, Director of product marketing. The company is at one cause and at one Cause dot com, The report is the 2023 fundraising outlook, steve, Sarah Sarah steve, thank you very much. Real pleasure. [00:47:55.96] spk_1:
Thanks for having us [00:47:57.13] spk_2:
appreciate it [00:48:21.15] spk_0:
next week, purchasing pro tips If you missed any part of this week’s show, I Beseech you find it at tony-martignetti dot com. Our creative producer is Claire Meyerhoff. The shows social media is by Susan Chavez Marc Silverman is our web guy and this music is by scott stein, Thank you for that. Affirmation Scotty B with me next week for nonprofit radio big nonprofit ideas for the other 95%, go out and be great.
Processed on: 2023-01-21T22:41:36.041Z
S3 bucket containing transcription results: transcript.results
Link to bucket: s3.console.aws.amazon.com/s3/buckets/transcript.results
Path to JSON: 2023…01…624_tony_martignetti_nonprofit_radio_20230123.mp3.66214119.json
Path to text: transcripts/2023/01/624_tony_martignetti_nonprofit_radio_20230123.txt
[00:01:36.34] spk_0:
Hello and welcome to Tony-Martignetti non profit radio big non profit ideas for the other 95%. I’m your aptly named host of your favorite abdominal podcast. Oh I’m glad you’re with me, I’d get slapped with a diagnosis of a fraser because I cannot bring myself to say the words you missed this week’s show 2023 fundraising outlook one causes research study includes insights to help you benchmark plan, prioritize and improve your nonprofits fundraising this year from one cause Sarah Sebastian and Steve Lauch talk us through on tony stake to webinars galore Here is 2023 fundraising outlook. It’s a pleasure to welcome to non profit radio steve Lauch and Sarah Sebastian both from one cause steve Lauch is director of product marketing at one cause where he brings 17 years of experience in automotive, retail, customer relationship management and marketing technology. Sarah Sebastian at one causes Director of corporate communications. She’s a marketer with eight years of experience in the nonprofit tech space. The company is at one cause and at one cause dot com steve Sarah welcome to non profit radio
Good to be here with you Tony, [00:01:46.85] spk_2:
thank you. It’s great to be here talking to you today, appreciate [00:01:50.18] spk_0:
It. Pleasure to have both of you. Thank you and we’re talking about the 2023 fundraising outlook. Who’s the best person to talk about an overview of of this, of the study [00:02:03.86] spk_2:
definitely. [00:02:04.58] spk_0:
Okay, it’s unanimous [00:02:25.75] spk_1:
dive in on that I mean this whole project has been such a great partnership with Sarah but as far as going back to the survey that that fuels the study, um, this, this was, I’d say I can dive in on that. So this is really the fifth year of developing the study into the size that it has been at one cause and the third year of releasing the data in such a way that it is served up in the annual fundraising outlook report. So getting some really great research in a rear view mirror and we’re excited to come out again this year with this report. Maybe to give a little bit more color as to what this report is about and how it works. Um, [00:02:53.28] spk_0:
we kick [00:02:53.88] spk_1:
it off every year tony at our annual conference. So the one cause raised conference and spends about a month in market where nonprofits are engaging and responding to the survey and this particular year, 890 nonprofits raise their hands and said, hey, we want to weigh in on this. So 890 voices from nonprofits, [00:03:16.43] spk_0:
Let’s just call it 900, [00:03:18.41] spk_1:
900 [00:03:20.48] spk_0:
900, [00:03:52.42] spk_1:
900 all shapes, all sizes, all segments. We even did some really cool cross tabulation. Looking at annual operating revenue. I’m sure we’ll talk about that at some level. But you know, every year we ask ourselves as well, tony are we, are we getting the right voices. Are we getting the right um, inputs so that we’re capturing all the right information that is helpful to nonprofits and this year in particular, nearly 30% were executive directors, 31% Deb director Development VPs had a great voice from event directors and marketing professionals. So we really are getting the right voices. In fact, 81% of those who responded are involved in making a technology decision. They may even be the ones pulling the trigger on deciding how we’re going to move forward in the next year with technology to help drive our nonprofit mission. And a lot of that goes to fundraising as we’ll talk about. [00:04:43.56] spk_0:
I also appreciate that the population is very much in line with with our listeners. You know, small and midsize shops. I see 48% have revenue of a million dollars or less. Annual, annual, your, your annual operating revenue a million dollars or less and 31%. So a third basically 350,000 or less. [00:04:59.16] spk_1:
It is so important to to have the representation of that beautiful bride call at this broad base of the nonprofit world that is just those who are maybe just getting started in their garage or their bedroom or wherever they happen to be. But they have a passion for their mission and maybe those that are starting to add more and more volunteers. Perhaps that 1st, 2nd or third full time employee. But whatever it is, it is that beautiful broad base of the nonprofit world that we’re looking at [00:06:15.87] spk_0:
11% were all volunteer. So just like a 10th or don’t even have full time employees. And I saw 49% have 10 full time employees or fewer, though perfectly in line with with our listeners. Now there are, there are large organizations represented over $50 million dollars in revenue. Um, if there are any of those folks listening, uh, let me know and I’ll shout you out because I bet I bet the list is small. Most of the vast, vast majority, vast, vast, overwhelming majority of our listeners are in small and mid size shop. So those are those who were, I’m channeling. Um, let’s define this. It was a little unusual to me the A. O. R. Which I look at as album oriented rock, but that’s because I work up, I was raised on rock and roll. So, but that’s not what you mean by a. O our annual operating revenue. So I mean is that annual budget sarah? Is that, is that annual budget or is that something different? What’s annual operating revenue? Because you segment by by this A. O. R. So it’s important for us to understand, [00:06:45.95] spk_2:
so annual operating revenue, how much money folks are bringing in and then when we touch on budget, how much obviously they’re able to spend for the year. And I think some of the stuff that you just touched on and you’re talking about, like the volunteer numbers and everything that’s really going to come out when we get into some of the challenges. Some of those smaller organizations with uh, the smaller annual operating revenues are really going to be, um, feeling a little bit of a pinch in some of these areas that will take a look at. So I think it will definitely be some good data for the audience at home right now. [00:06:59.70] spk_0:
Is it fair to just call? Not, I’m not going to change the term on you, but is it fair to call annual operating revenue? Like just annual fundraising revenue? [00:07:08.94] spk_2:
Absolutely. [00:07:09.64] spk_0:
It’s the fundraising revenue. Okay. Okay. Report calls it the uh annual operating revenue. [00:07:16.56] spk_2:
Alright. Yeah. [00:07:49.81] spk_0:
Okay. Um, so let’s dive in a bit. I see uh I see some challenges facing non profits of of all sizes really that this was, this was kind of interesting to me. Um, the the challenges that are rated sort of critical critical are definitely a concern. I mean they cut across all the, all the all the the annual operating revenue segments like donor engagement, all all all five of your segments, all six of your segments rate donor engagement as a, as a, as a top five problem. And donor fatigue shows up in five of the six categories. What do we do? What do we know about donor donor issues? [00:09:13.98] spk_2:
Sure. So things things have Changed a lot since the last study. So the challenges that were related to planning around the pandemic dropped significantly because those were at the top of the list in the past couple of years surveys, but don’t get us wrong, like we’re not saying it’s not a challenge anymore. It’s obviously still a challenge, 71% reported that planning related to the pandemic was still challenging for them, But it dropped from number one to number 10 in the list. And those donor-related challenges that you just mentioned, those are coming back to the top. People are starting to feel a little bit of relief and they’re able to shift back to donor engagement worrying about hair. We fatiguing our donors with all of this messaging and everything that they’ve been through over the past few years and donor retention is coming back up into that top four to um recurring giving was something we saw that came out as a top challenge as well. And for the view of challenges that you’ll see in the report first where everything’s kind of rated, it was folks who rated items as critical, definitely a concern or somewhat a problem. And that’s where we came up with that donor engagement, donor fatigue, the recurring giving and donor retention were all there in the top four. So things have changed a lot steve, did you have anything like a little bit of color from the past or anything about like varying sizes? How that differed? [00:09:31.07] spk_1:
Well, let’s start, let’s start with sizes. And then I think there is something to be learned as we look longitudinal e over the study over the past few years. But as we looked at non profits of varying sizes again by that annual operating revenue marker. Uh, that donut retention really fell into, became notable in the top two places for orders that were a million dollars A. O. R. And above. And then [00:09:48.43] spk_0:
excuse [00:10:15.24] spk_1:
me looking at the top three places really tony for most of the market. So we’ll call that the 350,000. 0. R. All the way up the scale. Um, recurring giving was something that became very much apparent in that. And, and I’ll say real quick, um, as your audience accesses this report and downloads it, there’s a, there’s a lot of data right in this one question and becomes v very visibly and visually better understood when you kind of see it, how we’ve laid it out. So I know we’re throwing a lot of numbers, a lot of information, but boy donor fatigue was definitely the top voiced concern that made it into the top five concerns for every segment every strata of the nonprofit nonprofit world. Um, what’s interesting about that for me [00:10:41.49] spk_0:
though, [00:11:03.24] spk_1:
is that while retention has a number, we can put on it. Um, while recurring giving has a number that we put on it, fatigue is a lot more of a perception metric. And uh, it’s, it’s interesting to me that, that, that had such important placed on that particular metric as you look at the data. Now, I’ll also say really quickly we saw staff turnover work its way into the top five challenges, especially as you kind of go up and that was for [00:11:16.48] spk_0:
the larger staff turnover was [00:11:18.39] spk_1:
you got it. Yeah, [00:11:20.21] spk_0:
Over $50 million. They’ve got hundreds of employees [00:11:24.88] spk_1:
well. And look what happened over the last two years. Right. I mean [00:11:27.50] spk_0:
things talk [00:11:54.70] spk_1:
about upset the apple cart, right. And that, that large organization perhaps felt the, the need for agility more and the need for finding out how do we get through this and with such a large staff, it’s just, it was, it was an unfortunate story. We don’t have to dwell on here today. The good news is that, um, is that those nonprofits are working through those challenges. I’ll also add that acquisition and management sponsors and sponsorships also is a challenge that we’ve tracked year over year every year, every year these last few years. And that has surfaced for a number of the segments of nonprofits. So there’s some other, there’s some other color there. But sarah, I’m sure you would agree having released the report yourself. It’s far more visually understood for, for those who can access this and download the report. Yeah, [00:13:14.30] spk_2:
I agree. There are a lot of ways to look at, especially the challenges, um, by breaking it down by revenue level and looking at what’s critical are definitely a concern compared to having like the somewhat important mixed in there as well. But I do kind of want to touch on that donor fatigue because we have been hearing a lot about it and tony I don’t know if you’ve heard this throughout your career to that there’s, there’s been kind of a historical disconnect between nonprofits and donors when it comes to donor fatigue. I’ve done a few studies at various companies in the past where nonprofits said one thing they thought they were really fatiguing their donors and donors are like, no, you’re not. We want to hear more from you. But I think what it comes down to that’s important here is that you have to remember that the communications that you are sending out, if they’re engaging, they’re worthwhile, they’re giving something to your donor, then they’re not going to be fatigued. I know around like holiday giving season, even on linkedin. And I noticed there were a lot of folks popping on that consultant saying, I got this many emails from this, these nonprofits. It’s too many emails and only enough. A couple of donors popped and they were like, oh, I like getting those emails. They told me what was happening. Like how much they were raising from there giving Tuesday campaigns, etcetera. So as long as you’re giving them something that they want to hear. I think they’re going to stay engaged. They’re not going to get fatigued. Have you heard anything about that, [00:13:53.67] spk_0:
uh, from some guests? Yes. Um, let’s first, let’s use this opportunity to remind folks or let them know where they can get the get the study because it’s, it’s very visually engaging as both of you have said. So. One cause dot com. And then where do we go after that? [00:13:57.83] spk_2:
Sure. It’s one cause dot com backslash research. And you’ll find the study there. There are a lot of other resources on our website as well as well as past reports. So if you want to dig in and compare to past reports as well, they’re on that site. [00:14:56.34] spk_0:
Okay. Excellent. Thank you. Um, All right. So this idea of the fatigue, you know, as as steve said, it’s it’s a perception. It’s it’s not something measurable, but it’s, it’s a perception internally. Right in in everybody’s office. What do you, what do you think is, what do you think is causing this idea that we’re fatiguing our donors where Sarah you’re saying they actually want more. And I’ve heard that also, I’ve heard that especially among among and about boards members that, you know, we’re giving our board members too much. No, actually, they want more because they’re your key volunteers. And they the fear is that you’re giving them too much. Um, so I’ve heard it in that respect, but we don’t have to, you know, we have to stick to board. I know that’s not your, that’s not the study, but that’s, that’s where I’ve heard it even even more? What do you think is causing this belief that we’re fatiguing folks [00:15:24.30] spk_2:
right current state. I honestly think we all feel fatigued after going through a pandemic, going through you know political ups and downs. We’re still in this big mindset of uncertainty and I know everybody has heard that word 1000 times but it’s still there and it’s just making everyone feel very unsettled and very tired. So I think sometimes that just kind of bleeds over into our everyday interactions [00:15:28.65] spk_0:
were contributing to it. Yeah we [00:15:31.08] spk_2:
must be doing it too. We must be adding onto the pile but [00:15:34.18] spk_0:
we see it we feel it we must be contributing to it because we send mail and email. Alright. [00:15:39.80] spk_1:
tony I think I think I want to [00:15:42.53] spk_0:
don’t be so hard on yourself basically. [00:15:55.78] spk_1:
I want to jump in here real quick. I do wanna I do want to suggest here at this point that fatigue is a it’s a complex metric to unpack. It is not as simple. I mean I think we could probably spend the next hour kind of um in a conjecture of sorts of how to unpack this. But fatigue comes because as Sarah said it’s something we feel elsewhere. And so we translate that to I’m sending one emails to emails, five emails ergo my donor base must be fatigued. [00:16:21.53] spk_0:
And [00:16:42.39] spk_1:
when we actually look at the data as Sarah has said. In fact some of the great reports that we have available at one? Cause dot com actually give you the perspective of the donor as is our research done every spring. So this is the nonprofit voice every fall compare that to what’s going on in the spring with what donors are saying? Yes, they want the communication. I want to see those emails in my inbox and if I open up one or two of the five, it’s okay. I’ve heard from you and I can digest that you are not asking too much of me. You are not giving too much to me. It is not the fatigue level that perhaps we are putting on on our shoulders ourselves. [00:17:04.36] spk_0:
Sarah, you have many years in your background with ford motor company, right? Oh, that’s steve I [00:17:13.54] spk_1:
carry, you know, you mentioned that in the intro. I carry a good number of years in the automotive retail technology side. Um, and six years now or coming up on six years in the nonprofit world. Two very different worlds. But yes, go ahead. tony on. [00:17:28.74] spk_0:
Do you know, does, does, does the ford motor company worry about fatiguing? It’s uh, potential customers like do they worry about sending too much buying too many ads? Sending too many messages to folks who have signed up? Does the ford motor company? Uh, do they worry about things like that? [00:18:22.10] spk_1:
I would say in general, the automotive world perhaps. Um, let me say this first. Any good marketer understands the sensitivity around sending the right message at the right time to the right audience for the right response. Any good marketers, there are perhaps markets in our ecosystem in the world that are more sensitive to doing that and there are perhaps markets that are less sensitive to doing that. I do find that the automotive world sends a good number of emails and there perhaps, maybe those what you’re getting at, not as worried about fatiguing me at least as a recipient. So I’ll let you put a bow on that where you were headed. But [00:18:53.72] spk_0:
No, that was it. I just, that was, that was my suspicion. But you know, I don’t talk to, uh, Fortune 100 folks, um, ever or even. So I was seeing it in your background. Uh, I was just curious about it. Um, let’s talk some about events. What Sarah, can you talk about, what, what, what is planned and I see more more hybrid being planned. Can you flush that out for us? [00:19:51.24] spk_2:
Sure. I think if we start with a little bit of an overview from 2022, it’s a helpful kind of foundation. Um, so in 2020 to 95% of nonprofits who took this survey said that they held at least one online camp, 93% said they held at least one event in 2022. So vast majority of nonprofits there and that makes up the bulk of quite a few nonprofits fundraising budget, their revenue for the year. So 56% said that they raise 21% or more of their annual fundraising revenue from online and event fundraising. And an additional quarter of those nonprofits said that they raised 41% or more of their annual fundraising budget from event and online fundraising. So it’s huge. It’s very important. Um, and looking back at 2022, as far as how supporters participated in events, I think Steve Do you want to touch on that data for me? [00:19:59.61] spk_1:
Sure, Sure, Absolutely. Yeah. This was really great to see tony So we asked these nonprofits, how did your supporters participate in your 2022 events and then followed up with how many of the following fundraising events do you plan to hold in 2023. So we have to look back, we have to look forward and again [00:20:20.61] spk_0:
for [00:20:47.57] spk_1:
Context, this question was asked an end market with the survey in September so nonprofits were giving us a good view into most of the year to 2022, but they were forecasting into 2023, still sitting in their third quarter of the year. So with that in mind, looking back in 2020 to 32% of nonprofits held in person only events. Now, just I let that just sit for a [00:20:51.21] spk_0:
second and [00:21:52.57] spk_1:
We look back in the rear view mirror a year or two and to consider how we were in 2020, early 2021. No way were one in three only having in person events. So what a great comeback in 2020-1 half of nonprofits, 56% did. In fact, as you said earlier, Tony Lean to that hybrid side, which is fantastic. So let me fill the blanks on the, on the rest here and I’ll come back to the hybrid 9% only virtual 4% no events at all. And for various reasons, I’m sure. But over 50% hybrid tells me a couple of things. You add the only in person and the 56% hybrid together and you have a mass of the, of the nonprofit world that is back in the ballroom. But so much of that is, is uh, an event that is in consideration of that virtual audience. So we learned from the last three years, we learned that people want to engage with with us differently. And so while we’re back in the ballroom, we’re not going to forget that virtual audience, we’re gonna include them. It may be for the whole event. It may not be for the whole event. It may just be for the appeal. It may be for other programming that we wanted to share with them. But the Great News is that we are back to the ballroom in 2022. Now that was of course last [00:22:19.78] spk_0:
year, what [00:22:31.18] spk_1:
about this year, september people are answering this survey and there’s looking forward and guess how many say we are going to hold an in person event, 83%. Look forward in time and with such confidence and Sarah maybe you can, you can elaborate on this. They’re willing to say that over 80% were absolutely back in the ballroom for at least one in person only event. [00:22:59.78] spk_2:
Yeah, I think the confidence levels, that was a real takeaway for us. How much they changed confidence levels about in person events just kind of shot through the roof in this year’s survey. Um, nonprofits who said they were undecided about holding those in person events dropped to 8% this year, down from 20% in last year’s survey. So people are feeling really good about heading back to the ballroom. Like Steve said, uh, [00:23:13.83] spk_0:
I, I saw that golf outings ranked as the number two most common event after after something social. So I’m assuming that’s a gala type event. [00:23:25.60] spk_2:
Yes. I think that the in person auction events and then [00:23:28.12] spk_0:
the person, we’re [00:23:29.27] spk_2:
very successful as well. Yes, absolutely. [00:23:43.28] spk_0:
Now golf outings and hybrid. I don’t know, can we, I don’t know are they playing like minute, are they playing golf? They have their favorite golf app or they, they’re, they’re in there, they’re in their stroke trainer, you know, maybe it’s videoing them while others are actually playing. I don’t know, can we do a golf outing hybrid. [00:24:13.74] spk_2:
I have actually seen, I do not remember the name of the software or the company, but there was a virtual golf software that a nonprofit for an event. So I know it’s possible it’s out there. People really made some as we’ve all heard major pivots to, you know, fit the pandemic in our way of life changing. So it’s definitely out there. I’ll have to look into that and see if I can get that over, [00:26:49.39] spk_0:
you know, the dinner, the dinner or the lunch after. I mean I could see that being a hybrid but I was just wondering about the golf experience itself. I don’t know, maybe golfers are out there with caMS on their GoPro’s on their heads or something. And so you vicariously. Oh, that shot sucked. Oh, you’re terrible camera to somebody else please. You’re awful. It’s time for Tony’s take two. I’m talking a lot about planned giving in January and February. I’ve got 15 webinars and podcasts on planned giving uh just in in these like not even the full two months. It’s more like six weeks january and early february. A cornucopia of webinars uh podcast, a prodigious profusion of podcasts. I’ve got coming up lots of content. Um, if you are at all interested in learning about the basics of planned giving, launching, planned giving at your nonprofit then you may very well be interested in this Horn of plenty of content that I’m doing with other folks who are hosting me for webinars and podcasts. You can keep abreast of what I’m doing by following on linkedin or maybe I should say more correctly connecting, connect with me on linkedin. Uh, follow me on twitter. And another way is you could sign up for the nonprofit radio Insider alerts at tony-martignetti dot com because I let folks know um, on that, who, who is hosting me and uh, where you can hear me speak. So if you are interested in launching planned, giving, planned, giving basics, I’m doing a lot of talking about that in january and early february. That is Tony’s take to imagine that We’ve got boo koo but loads more time for 2023 fundraising outlook with Steve and Sarah Sebastian, imagine that data, Let’s talk about data. You’re a data driven type organization and what, what, uh, you had some takeaways about data access. [00:27:15.32] spk_2:
Yeah, I think this was our surprise, not surprise moment really when we were looking at data because we all know that a lot of nonprofits do struggle with data, whether there’s too much of it or what to do with it. Uh, so we found that making it accessible and actionable just continues to be a concern for nonprofits like, okay, yeah, we know that already. But when we actually saw the numbers, that was kind of the moment where everyone on our team Kind of got slack jawed whenever they heard the stats. Um, so only 18% of non profits who took the survey said that they actually have access to all of the data that they need 18%, that’s [00:27:26.46] spk_0:
it and [00:27:35.91] spk_2:
that they use it to make decisions. Um, and of course those smaller nonprofits did report having even less access to the data that they do need. So it’s a bit of a struggle and steve, I think, I know you have something to say, [00:27:40.78] spk_1:
Oh, I always have something to say [00:27:43.25] spk_0:
That that’s, that’s dismal. You know, one [00:27:46.68] spk_1:
in five, [00:27:47.80] spk_0:
one [00:27:54.77] spk_1:
in five. Like if you’re sitting down around the table right with five nonprofits and one of them says I have all the data I [00:27:55.86] spk_0:
need, I [00:28:04.99] spk_1:
have it in the place where I need it and I have it served up to me in a way that I know what to do with it. Make a good decision. That’s dismal. That’s a great word for it. [00:28:07.05] spk_0:
Yeah. [00:29:21.91] spk_1:
And then we looked at some other aspects to this tony and okay, if if you do have a lot of data, Then what’s holding you back from using it every day to make meaningful decisions in your fundraising strategy 26%. So again, another like, well in this case, one in four, I suppose roughly so that they don’t have the time to form the insights they have the data, but maybe it’s just it’s just a matter of time. We all get that we, especially your audience, as you said, the smaller nonprofit world is there’s never enough time in the day. So I think there’s an opportunity for us, especially as you said as our data providers, technology providers that, that work off the data serve up data help nonprofits live off data. We need to serve it up in a way that makes sense that it doesn’t take time. Another one that I’ll share another one in five said that they don’t know how to form actionable insights. Okay. So I have the data, but again, it’s, it’s, it’s not and it may even be like right there for me, I don’t even need the time to go dig, you know into it and pull a report and compare and pivot tables and all the, I just don’t even know how to form an actionable insight based on what I’m given. Again, I believe that this is on us and our world to say here is what your auction data is telling you [00:29:35.32] spk_0:
this is a data literacy issue. Then people not feeling comfortable making conclusions from the data that they do have. Is that isn’t that that data literacy, [00:31:16.58] spk_2:
I think to some extent it is. But I also think the data can be intimidating just because there’s so much that can be measured and there’s, there are a lot of numbers obviously coming out of fundraising. What do I do with all of this? And I think people, especially non profits, you know, they have big jobs, they’re trying to make the world a better place. They want to do big things. And I think when you’re looking at data, you have to narrow and pick something small first and focus on that. Okay, I’ve got this piece master now I can pick another metric and focus on that. And I guess trying to give an example of that if you have part of your fundraising strategies to boost your recurring revenue this year. Great. Okay, where do I start? What do I do? What data do I look at start by going into your crm and looking at donors from 2022 who gave maybe three or four times. And I use myself as an example for this because this happened to me, I gave I think four or five times two best friend animal at best Friends animal society last year, just throughout the year as I was giving an honor of friends, pets, my pets, etcetera. They called me after running a little campaign and said, Hey, you know, we noticed that you’ve offered ongoing support last year, thank you for these gifts of these amounts. Would you consider becoming a recurring donor at $25 a month? Why not sure I can, I can spare that. Great. And even with just those little incremental increases across a couple of 100 people, you’re boosting your revenue there. Alright, you’ve boosted revenue using this one small metric that you focus in on what can you do next. So start small. Don’t get too overwhelmed to try to find somewhere to start, got to start somewhere. [00:31:23.02] spk_0:
Let me give you a generous softball shameless self promotion opportunity because we’re talking about data being overwhelming and, and, and uh, like frustrating, how does, uh, how does one cause overcome that? [00:31:44.28] spk_2:
I [00:31:44.45] spk_0:
think the great, [00:32:02.93] spk_1:
the great news is we help in a lot of ways. I mean we help connect nonprofits with more donors. We help that connection be meaningful in a way that it, it truly helps them engage with those donors. And we talked, we talked about donor engagement back when we were looking at that Finding around challenges, Tony Right. And so once we connect with more donors and engage with more donors and do that through a number of different ways to fundraise. That’s one of the things that we found and maybe I’m getting ahead of myself here. But I know we’ll talk about priorities for 2023 that nonprofits had told us about. [00:32:21.12] spk_0:
But looking [00:33:36.68] spk_1:
at new ways to fundraise to find new donors, acquire new donors and then use that engagement to retain those donors are nonprofits find that they are more highly satisfied with the technology that they acquire that they, that they purchase, that they use every day. And uh, it drives our mission and that’s what it’s all about. I I tell, I’ll give you a little anecdote here. tony but tomorrow and every Tuesday first Tuesday of the month. I help onboard new 11 cost team members that join our company. And I tell them, hey, you’re gonna have its work. You’re gonna have a bad day every now and then. But what we do, even on those bad days, we help make sure that another child is educated, another family is fed. We’re taking two steps closer to just finding that cure. Right? And this is all executed through these amazing nonprofits, all over the nation. How do we get involved with that? Exactly what I shared with you before, helping nonprofits find those donors engage those donors retain those donors and building a wonderful relationship that helps build a better tomorrow. Softball question back at you. Nobody [00:33:38.05] spk_0:
answered. I was waiting. Yeah, I’m glad you. Thank you for stepping [00:34:32.11] spk_2:
up. I do have something. I think since I just started talking about focusing on small things, something popped into my head while steve was talking about connecting with more donors. We run a campaign every year called in detectives where companies sign up and fundraise for nonprofits in the Indianapolis area. Um, and we use our peer to peer system for that. So we get in there, we use it, we fundraise for, we would fundraise fundraise for make a Wish Foundation this past year and looking even in just our peer to peer tools, we’re talking about starting small, There are little data points in there. Even for our donors where you can trap how far your social posts are reaching, how far different campaigns are reaching. So even donors can look and see what’s working to get the word out about a campaign and shift their strategies to use that particular social platform or that particular technique. So there are things built in throughout the system to even help donors analyze data, which I think is really interesting and something I haven’t seen with a lot of other fundraising platforms to be honest. So I think there’s something helpful there. [00:34:45.38] spk_0:
Thank you. Alright, let’s let’s let’s go back to the, to the fundraising outlook. What are their takeaways are there that we haven’t talked about yet that you like to highlight you think are important for small and midsize shops to know the benchmark against. [00:36:55.44] spk_2:
Sure, I think I would like to touch back on the hybrid fundraising aspect quickly, Quickly calling out again, steve touched on that 56% held hybrid events in 2020 to 32% held in person And looking at 2023 as nonprofits were looking ahead 45% said they were going to be holding hybrid events in 2023, which is really good to hear. Um, those hybrid and in person events were what we saw as most successful budget wise, performing against budget. And when we looked at, um, how they were performing against their budget was 80% who held either an in person or hybrid event reported that they were raising in line or more than their budget for the year. So great. We definitely want to focus on in person and hybrid. But I think Steve touched on this point a little bit The good part about this is that people are listening to donors. He mentioned some earlier research we had done with giving experience study earlier in the year where we get donor perspective on everything. And in that particular report, 56% of event donors said that they wanted some sort of virtual option. So I think that’s something that’s really important for nonprofits of all sizes to listen to, especially the small and midsize shops. We understand that hosting a hybrid event, there’s a lot of work. It’s, it’s tough. We held our race conference was hybrid this last year and it was hard. So definitely empathize with that. And but you’ve got to listen. It’s worth the effort if your donors are telling you this is what they want to give it a shot. Look at that event calendar. See if you can fit in some sort of virtual option in there somewhere. If it’s not on there now because that’s what people are saying they want to do this year. And of course keep an eye on the news because we know we’ve been hearing from here and there. There’s some, some numbers numbers going back up with covid cases, fingers crossed. Of course we don’t want anything to happen. But in the event that it does, It’s good to have that in your back pocket as an option for your donors. [00:37:03.27] spk_0:
Do you think it’s worth surveying. [00:37:06.20] spk_2:
Absolutely. [00:37:26.27] spk_0:
Or do or donors like is everybody going to say I want the hybrid option. But then the fewer people actually sign up for it once it’s offered, everybody wants the option and then we set it up. We spend the money on the production and the platform. And, and then a disappointing number of people actually subscribe to it, join the stream. What do you what do you think? Yeah, [00:37:46.92] spk_2:
I agree with that. That is kind of a sticking point when planning events as well. But if people have been telling us this is what they want, give it a shot. If it’s a total flop, then, you know, but I do agree that serving finding out what people want to do. Sometimes people are going to say yes and then they change their minds. I mean people change their minds all the time. You never know. But we have had customers who have said when they did offer that virtual option, they even wound up just getting donations from people who couldn’t attend the event in person and didn’t wind up, you know, going the virtual route. So offering that donation option along with that registration could be a possible solution to that as well to make up some of that. If people decide they’re not going to go the virtual route? [00:38:16.65] spk_0:
I I saw that um, the fundraising, the priorities [00:38:20.55] spk_2:
looking [00:38:36.37] spk_0:
Forward are consistent with the challenges. So that’s that’s good. Our our community is aligned with what they see, where they see problems and where they know they have to focus. So 97% of of your respondents said that donor acquisition is going to be a key focus. I mean that, you know, it may as well call it 100% and nine right. If we’re going around 8 92 900 we could certainly around 97 to 100. Um and 96% right is right there to say donor retention is a key focus areas. So it’s gratifying to see that priorities are in line with the [00:38:58.80] spk_1:
challenges. [00:39:00.00] spk_0:
We’re rational, we’re all rational. [00:39:02.17] spk_2:
It makes [00:39:03.47] spk_0:
sense that the actor, a bunch of rational actors [00:39:39.41] spk_2:
Um outside of those, I wanted to run through the top priorities really quickly because there’s some interesting differences in how folks rated those. So you touched on the top two. Um, next up was increasing funds from existing campaigns and that was, that was pretty high as well, 93% said that there was a priority and these were ranked as critical or important by folks who responded. Um, then there’s kind of a draft in the rate here, new ways to fundraise came in at about 82%, a little bit above that was operational efficiency and effectiveness at 84 and I find that kind of interesting [00:39:41.84] spk_0:
because [00:40:09.51] spk_2:
you know, if you’re focusing on operational efficiency and effectiveness, there’s probably gonna be a little bit more time in your day to focus on donor acquisition and retention. But there’s kind of this vicious cycle and all of these little things that go into that because we just talked about people being short on resources short on time so they can’t get to focusing on the operational efficiency. So I think there’s some work to be done and figuring out how to address all of these challenges and priorities in a way that’s beneficial to everybody and especially for these small and mid sized shops that are struggling with the resources and I know steve and I have talked about new ways to fundraise and how that can help with the donor attention in the acquisition as well as you want to. [00:40:39.93] spk_1:
Yeah, I mean that’s that’s the diamond in the rough, as far as I’m concerned because we’re looking at it, this is nothing shiny at this point. It’s 82% for new raise to fundraise when we’re looking at 97% for donor acquisition, but it’s very possible that the new ways to fundraise and, and I think what we tend to do tony we tend to imagine the worst possible scenario, right. If I look into a new way to [00:40:50.59] spk_0:
fundraise, it’s [00:41:48.03] spk_1:
gonna take loads more time that I don’t have, it’s gonna take a lot more effort that that I just, I’m not ready to give. It’s gonna, it’s gonna expose me to all kinds of distractions. Uh, let’s go back to something, Sarah said, how about we start small? There are there are fundraising platforms available that allow you to break out of just the event type of fundraising And we then elements appear to peer weave in elements of social fundraising. Be able to tie together your online with your event efforts so that perhaps you are able to, by using new ways to fundraise, acquire new donors, retain some of those same donors because you’re doing it in a slightly different way where you might actually engage them differently. So I would, I would encourage your audience to consider. Okay, what is available to me that I might be able to try a slightly different way to fundraise, engage a slightly different audience and in fact, I may end up acquiring those new donors and retaining my current donors at the end of the day. Even better. [00:42:08.34] spk_0:
All right, what else? We have some good amount of time left. If we, if we like any, any other stuff that uh, we haven’t talked about that you think is important for folks to know anything else from the study? Let me just remind folks you can get it at one cause dot com slash research. It’s the 2023 fundraising outlook. [00:42:23.94] spk_2:
Perfect. Anything [00:42:25.35] spk_0:
else? [00:42:25.65] spk_1:
I’ll add something. Let’s go back. Let’s go back to challenges real quick, just for just for a minute. And [00:42:32.02] spk_0:
this is gonna [00:42:33.23] spk_1:
sound, this is gonna sound a little bit perhaps initially on the negative side, but I’m going to try to turn it into a little bit of a sunrise for us and end on something inspirational. Um, I’ve had the privilege of running this survey for I think I said five years now, five or six [00:42:51.04] spk_0:
years [00:42:51.97] spk_1:
And one of the things Tony that we do is we take that question around challenges. And we, we talked about this right donor fatigue, donor engagement retention, recurring giving, etc. And, and there are 13 different challenges that we asked non profit respondents to rate individually so we can track those as individual challenges. [00:43:13.35] spk_0:
We can [00:43:13.77] spk_1:
also track them as a collective level of challenge that the nonprofit says, hey, this is my [00:43:20.98] spk_0:
overall [00:43:22.26] spk_1:
level of challenge this [00:43:24.49] spk_0:
year. [00:43:51.86] spk_1:
We take that average across the entire respondent base. We’ll call it 900 and we’ll link that back to what things look like in 2021 and we can compare that average as well to 2020 and a 2019. And what’s really interesting to me. So two points first one again, perhaps on the surface a little negative is that those challenges are getting more intense. The average of those 13 challenges year over year, the relative rating of those challenges is increasing year over year over [00:44:00.65] spk_2:
year. I [00:44:02.10] spk_1:
Would have thought initially that 2020 would have been defining the ceiling and perhaps 2021 a little less and 2022 a little less. That’s not the trend. The trend is actually showing more intense challenges for our nonprofits. [00:44:20.49] spk_0:
The good [00:44:21.01] spk_1:
news is that we have data like this report and other reports out there that help us focus in on that right step that, that next right step and how to understand that Sarah was saying to find that one metric, maybe it’s around recurring giving, maybe it’s around looking at my, my uh, tech acquisition. Uh, there’s all kinds of things in this report that we’re not obviously covering in in these few minutes, but [00:44:50.45] spk_0:
take [00:45:29.16] spk_1:
This report, find that one or two next steps that you can actually move against in 2023 and watch yourself move be pulled out of those challenges in that one area. Are you going to improve every area? Probably not because not one of us can do everything. But the good news is that we have a clear path to make good decisions to see what our peers are doing with through research reports like this, see what the rest of the nonprofit world is doing, where they’re succeeding and we can point our ship there and really look to succeed even if it’s in small ways in 2023. So that’s, that’s probably my, my, my message of hope and inspiration using something as as, uh, as vanilla as data. But boy, it really opens up the opportunity for us to see what we need to do next. What step we want to take and where we can make progress in the next year. [00:45:48.63] spk_0:
Anything that sounds like, you know the way one cause hopes that you will use their 20, fundraising outlook. Sarah, what would you like to leave this with? [00:46:58.64] spk_2:
I kind of wanted to touch on steve mentioned tech acquisition and there’s something in the report about shifts in nonprofit technology investment. I would love for people to kind of look at the particular chart for that. I think about it. I’m looking at it right now on my other monitor actually and there are 36% of nonprofits saying that they’re going to invest more in marketing automation. So that’s kind of in line with, you know, the donor acquisition piece we were talking about in the challenges etcetera. And I’m interested to see, you know, what is the R. O. I. On this once this year happens? How do people use it? Was it effective for them? Did they feel like they had enough training? Were they able to use it? Because I don’t really want people to fall into that hole of, here’s the data and now I don’t know what to do with it. So I’m interested to see if there are enough resources out there for folks related to that marketing automation. Are they getting the training? They need to know how to use it effectively. Um I’m just interested to see next year’s results I guess is what I’m trying to say, but I do kind of want to echo steve’s message. I I want nonprofits to know they’re not Lonely islands. There are other nonprofits out there who are obviously facing similar challenges and looking for solutions. Talk to other nonprofits, talk to your peers, uh something that may have worked for them, may work for you, something that works for, you may work for them. So really rely on your community to talk through solutions that you’ve been working through and share the wealth of those ideas because we’re all in it for the same reason and that’s to make lives better for everyone. So definitely share the knowledge. [00:47:29.48] spk_0:
Alright, messages of hope and inspiration [00:47:33.08] spk_2:
from [00:47:34.25] spk_0:
from two directors at one Cause Sarah Sebastian Director of corporate communications steve Lauch, Director of product marketing. The company is at one cause and at one Cause dot com, The report is the 2023 fundraising outlook, steve, Sarah Sarah steve, thank you very much. Real pleasure. [00:47:55.96] spk_1:
Thanks for having us [00:47:57.13] spk_2:
appreciate it [00:48:21.15] spk_0:
next week, purchasing pro tips If you missed any part of this week’s show, I Beseech you find it at tony-martignetti dot com. Our creative producer is Claire Meyerhoff. The shows social media is by Susan Chavez Marc Silverman is our web guy and this music is by scott stein, Thank you for that. Affirmation Scotty B with me next week for nonprofit radio big nonprofit ideas for the other 95%, go out and be great.