Welcome to the ResultsPlus Blog!
The nonprofit sector is undergoing a transformative shift, leveraging technology to enhance its management, operations, and outreach. Adapting to these technological tools can not only streamline operations but also extend the reach and impact of a nonprofit. Here are some ways technology is enhancing nonprofit management.
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Major gifts represent a significant portion of revenue for many organizations. These substantial contributions come from individual donors, and cultivating these relationships is a critical activity known as moves management. Managing these relationships effectively can significantly impact an organization's financial health and long-term stability. One tool that is indispensable in this process is a Customer Relationship Management (CRM) system like ResultsPlus.
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Nonprofits have a public purpose and the public puts their trust in them to do right, both for the community and as stewards of public resources. Maintaining financial transparency in nonprofit organizations is critical for several reasons: it builds trust with donors and stakeholders, satisfies regulatory and compliance requirements, and ensures that resources are being used efficiently and effectively to fulfill the organization's mission. Here are 8 strategies to enhance financial transparency in your organization:
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Nonprofit organizations operate under a unique set of challenges, including limited resources, reliance on donors, and a continuous need to justify their impact. To tackle these challenges, they require tools that can optimize their operations while minimizing costs. A CRM like ResultsPlus is an excellent way to address some of these issues. Here’s how:
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Many nonprofits rely on grants for stability in programs and services but the task of securing and managing grants can be onerous. To streamline these processes and enhance the efficiency of the task, a Customer Relationship Management (CRM) software like ResultsPlus can play an incredibly supportive role.
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When it comes to giving to charity, oftentimes it’s the adults of the house who choose the organizations they donate to. And with the ease of online giving, charitable donations can be made quickly, or even scheduled if you’re a recurring giver, so that you don’t even need to think about it. However, it’s important to instill philanthropic tendencies into the next generation, which is why we encourage you to chat with your kids about how you give back and why.
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Whether you work in nonprofit or retail, marketing or engineering, email communication with prospects, customers and donors is essential. And while every organization uses email just a little bit differently, nonprofits – according to a study by Campaign Monitor – experienced higher-than-average email open rates in 2018 compared with other industries.
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Each year, $4-7 billion in matching gifts go unclaimed. This is a ton of money that nonprofits are missing out on that could go toward supporting their missions and allowing them to do the great work that they need to do to improve their communities and the world. Matching gifts, especially through corporate giving programs, are a great way for nonprofits to increase donations and allow employees to give to the causes that mean the most to them, while doubling that donation through an employer contribution.
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Millennials: there’s no escaping this generation and the stereotypes that accompany them. Set to be the largest demographic in the workforce in America by 2020, it’s no secret that this group of individuals is having and will continue to have a huge impact on our economy.
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As a nonprofit organization, you work hard to raise funds and promote the importance of your cause or mission. So, what happens when you find out that a local corporate social responsibility (CSR) program is focusing its efforts on the realm that you’ve committed yourself to, as well? This means that people who are socially conscious and want to dedicate themselves to a mission no longer need to work for a nonprofit, but can instead expand their job search to for-profit companies that have a strong CSR program.
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