American nonprofits are in the midst of an existential crisis, specifically regarding funding and mission viability. One CEO offers three strategies that service organizations can consider to offset funding challenges in the near term.
Research shows that 72% of donors make their giving decisions while physically holding mail in their hands—even when they ultimately click "donate" online.
To manage costs, some nonprofit leaders and boards have considered hiring fractional fundraisers. While being concerned about the budget is understandable, this tempting approach will likely not result in the fundraising stability and gains that nonprofits need.
Millionaire donors came out of hiding during 2024, with 242 donors making gifts totaling $11.6 billion. Excluding anonymous donors, billionaire philanthropist MacKenzie Scott made more $10 million plus gifts than any other donor for the fifth consecutive year.