Posted on 11/21/2018 6:00 AM By Paul Virts (Advocace)
If you’re like most ministry executives, one of the greatest challenges you face is donor retention from one year to the next. You need to look no further than a few key statistics to see the problem many ministries face:
A shockingly low 45% donor “retention” rate for all nonprofit organizations combined! (According to the Association for Fundraising Professionals)
In a recent study of one ministry sector, Advocace found that the retention rate was 60%.
Posted on 10/31/2018 6:00 AM By Paul Virts (Advocace)
You and your Board may have concluded that your aging facilities are holding your ministry back from accomplishing your vision...so, what do you need to know to plan a capital campaign?
Posted on 10/22/2018 10:05 AM By Paul Virts (Advocace)
One of the most frequently cited reasons for gift income plateaus or decreases in a broadcast ministry is that donors are bombarded with requests for gifts from many ministries. It’s easy to conclude that donors spread their gifts around and dilute their giving to any one organization. But, does research back up this reason?
Data from two studies suggests, for most stations, that is not a major problem.
In Advocace’s Listener-Supported Radio Development Outlook (LSRDO) 2017 st ...
Posted on 10/15/2018 8:34 AM By Paul Virts (Advocace)
How passionate are your donors about your radio ministry? Do they give every once in a while because they benefit from your programming, or do they really “buy into” your ministry more deeply?
One way to gauge donors’ passion is by asking them what priority they place on giving to your ministry compared to other causes they support (other than their local church).
In Finney Media’s recent nationwide survey of Christian radio listeners to all major programming formats ( ...
Posted on 10/8/2018 10:26 AM By Paul Virts (Advocace)
How passionate are your donors about your radio ministry? One way you can tell is by how frequently they give.
Finney Media recently performed a nationwide study of Christian radio listeners to all major programming formats (Why Listen 2018). Most participants in this study were donors. In the graph below, you can see how frequently they say they give to the radio ministry that sent them the questionnaire.
Here are a few key findings:
Monthly donors are the most passionate, f ...
Posted on 9/13/2018 6:00 AM By Paul Virts (Advocace)
Some of your donors who could give more to help you grow your ministry’s impact may be pulling a “King Saul”.
Remember the story? After Samuel had anointed Saul King of Israel, he couldn’t be found when it came time for his public coronation (1 Samuel 9:9-10:22).
The Lord revealed his whereabouts saying, “He has hidden himself among the baggage!” Pretty funny, especially when you consider the writer’s later comment, “As he [Saul] stood among th ...
Posted on 8/27/2018 10:18 AM By Paul Virts (Advocace)
God’s first priority is getting your donors’ hearts—and their heads. That may sound strange to development staff members who feel the daily pressure of raising money for ministries.
Posted on 8/9/2018 6:01 AM By Paul Virts (Advocace)
Is the size of your donor-base shrinking, growing or stagnant? According to data in a recent study of numerous noncommercial Christian radio stations, executives report that while gift income is increasing, the number of active donors is decreasing.
Posted on 7/11/2018 6:00 AM By Paul Virts (Advocace)
A 4% DECREASE in gift income? Yes...So, what can you do to minimize the impact of tax code changes on giving to your ministry? How can you be prepared for that eventuality? Here are four steps...
Posted on 5/9/2018 6:00 AM By Paul Virts (Advocace)
Yes, acquiring new donors can feel like pulling teeth, but by using some well-thought-out strategies and tactics, you can manage that pain—and grow your station’s revenue.