Retain New Donors By Nurturing Them Like New Employees

April 25, 2024 | Categories Donor Management, DonorPerfect Fundraising Software, Featured

Attracting new donors is vital for nonprofit growth. However, the journey doesn’t end with finding them – it’s equally crucial to nurture these relationships long-term.

According to a study by the Association of Fundraising Professionals, acquiring a new donor can cost up to five times more than retaining one. Just as nonprofits invest in thorough onboarding processes for new employees, they must prioritize communication with first-time supporters to foster lasting connections. Every effort should be made to ensure they feel welcomed and valued from the start, laying the foundation for continued engagement and support of your mission.