kultivate

Excel: Why it isn't a donor database
Wednesday, 25 March 2015 20:06

Excel is a great program. It is perfect for crunching numbers, tracking budgets, and herding gobs of numbers into organized columns and rows in order to easily make sense of them. Unfortunately, too many organizations use Excel to track their most valuable asset – their donors. Here are a few reasons why a donor database is the investment you should make to protect and grow your assets.

 
Social Giving Contest: Big Payout or Big Pain?
Friday, 06 March 2015 21:48

A new trend in corporate giving makes it easier for millions of people across the nation to decide where corporate dollars should go through online contests. These social giving contests are seemingly a great opportunity for nonprofits to gain exposure fast and earn money for their organizations.

Large corporations like JPMorgan Chase, Kohl’s and Pepsi encourage the public to vote online for their favorite charity. In turn, the corporation gives away hundreds of thousands of dollars to the winning organization.

 
Give, Get, or Get Off
Friday, 30 January 2015 21:58

According to a recent study by BoardSource, the old adage, “give, get, or get off,” still holds true. While board members have increased their individual giving, there is room to improve.  The report, “Leading With Intent,” gathered feedback from 850 chief executives and 246 board chairs.  When asked to grade their boards, boards earned a 2.65 or B- average with both chief executives and board chairs giving boards just a C in fundraising.

At kultivate, we agree, there is work to do.

 

 
Krisp Communications is now kultivate
Thursday, 31 July 2014 14:42

“We did not change as we grew older; we just became more clearly ourselves” – author Lynn Hall.

Thirteen years ago Krisp Communications was born from a simple mission: not being afraid to say, “Yes, I can do that.”

 

 
How do you treat your best friends? Cultivating existing donors.
Wednesday, 30 July 2014 12:55

You know the old saying, “Absence makes the heart grow fonder?” Well, in the case of donors, that’s not true at all. The industry standard is that donors should be touched seven times each year in order to successfully create and support your relationship and grow their gifts.

 
Building a budget when you are allergic to numbers
Sunday, 06 July 2014 18:08

If you work for a nonprofit organization, you have probably seen the budget. Depending on your role at the organization, you may have been part of the process of creating that budget. A well thought out budget is one of the keys to financial stability, growth and fulfillment of an organization’s mission. But what does a better budget look like? An effective budget is realistic, consistent, flexible and measurable.

 
Seven is Still the Magic Number
Tuesday, 07 January 2014 21:06

The "old" wisdom was to touch donors seven times a year to keep them engaged.  Of course this was the wisdom before the dawn of electronic communications and social networking, so it must not be relevant anymore, right?

I was reading the most recent issue of Advancing Philanthropy when I came across a box with, you guessed it, "Seven Touches."  The article listed the old favorites in its summary of seven touches: Prompt Thank Yous, Impact Reports, Annual Reports, Volunteer Recognition Cards, Birthday Cards, Thanksgiving Cards, and Personal Phone Calls.

Wait - no social media?

 
Three Sides to Every Argument
Tuesday, 27 August 2013 17:28

The Tampa Bay Times recently ran a story highlighting the 50 worst charities in America.  These organizations pay large salaries to their executives, huge amounts to professional fundraisers, and an incredibly small percentage of their revenue (if any) to actual programs, goods or services.

In the article, the Tampa Bay Times refers to a percentage of 35% as the maximum cost of fundraising as a percentage of income.  Most of the charities listed on the Top 50 Worst have much higher fundraising costs.

 
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