Nonprofit News

Access the latest news in the nonprofit sector.

Katelyn Martin

Katelyn Martin is a Senior Consultant at Campbell & Company, with a primary focus in arts & culture philanthropy. She works to identify opportunities to leverage strategic use of data and communications. She frequently blogs on topics related to arts & culture philanthropy.

For almost every nonprofit organization, COVID-19 has placed a strain on essential resources in one way or another. Some are fighting to remain viable in the face of a total shutdown of their operating model. Others are experiencing skyrocketing demand and an outpouring of generosity from their communities. Still more are somewhere in the middle.

What all organizations have in common, though, is continued pressure to raise money at or above previous levels, all while trying to conserve resources in an uncertain environment.

To thread the needle between increased fundraising needs and scarce resources to meet those needs, you’ll need to think critically. Our Strategic Information Services team recently shared a process all organizations can follow—in as little as three weeks—to develop a crisis fundraising strategy using their donor data.

Beyond following that all-purpose process, we recommend using an approach tailored to the way the pandemic has impacted your organization. Below, we walk through fundraising approaches designed for organizations facing three different realities:

  • “We are fighting to survive.”
  • “This is our moment.”
  • “We’re not on the front lines, and we’re not sure what we should be doing.”

Fundraising Tips, Fundraising, Blog, Beam Insights

Regardless of industry or sector, the following truths about staff turnover seem universal:

Truth #1: Turnover is expensive and can have repercussions far beyond the position that is vacated.

Truth #2: Turnover is an opportunity to reframe and reconsider what an organization needs.

Based on the above truths, how can your nonprofit take advantage of the former while minimizing the latter? In short, by leaning on interim management to prioritize and maintain positive and productive relationships with key constituencies.

Talent Management, Talent Management Strategies, Fundraising

Five percent of all charitable dollars donated in 2014 went to donor-advised funds (DAFs). That $17.28 billion figure is slightly greater than the total amount given to the entire Arts, Culture and Humanities sector. Since its 2009 nadir due to the recession, total annual donations to DAFs have grown by 86 percent, and the number of DAF accounts has grown by 21 percent, to where they now outnumber foundations by a ratio of 3:1.

Nonprofit Trends, Fundraising Tips, Fundraising

The buying and selling of art – especially contemporary art – has been in the news a lot lately. In May, Christie’s sold over $1 billion of art in just three days. Rival Sotheby’s did well too; its 63 lots of contemporary American art sold for an average of over $6 million each, totaling over $380 million.

Nonprofit Trends, Arts & Culture Trends, Fundraising Tips