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Understanding the Psychology of Why Donors Give to Nonprofits

Nonprofit Tech for Good

Why is the Psychology of Giving Important? Across the nonprofit sector, organizations usually utilize the psychology of giving in one of two ways: In one case, the Executive Director, Development Director, or Board Member who’s responsible for creating fundraising appeals assumes all donors have the same motivations for giving that they do.

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The Psychology Behind Giving: Motivating Members to Become Donors

Bloomerang

Understanding what flips the switch for your members to transform them from participants to passionate donors is the key to boosting your fundraising efforts. This, then, leads to higher conversion rates from members to donors, sustaining the nonprofit’s mission and expanding its impact.

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The Power of Heroic Philanthropy: Understanding Donor Motivations

iMarketSmart

17]) The point is that the behavior gives insight into core donor motivations. Review of General Psychology, 15 (2), 99-113. The post The Power of Heroic Philanthropy: Understanding Donor Motivations appeared first on MarketSmart LLC. (Unless you’re into that. Heroic donation opportunities can be compelling.

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The Psychology of Giving: 18 Tips to Increase Donor Retention and Lifetime Value

Nonprofit Megaphone

However, getting donors to give is only half the battle. The real challenge lies in retaining those donors over the long-term and increasing their lifetime value. This is where understanding the psychology of giving comes into play. This sets you apart from other non-profits and increases the chances of donor loyalty.

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Using Research to Raise More Money

Nonprofit Marketing Guide

When it comes to fundraising, we often strive to use storytelling and tugging of heartstrings to appeal to potential donors. Research conducted on effective marketing tactics and donor psychology are extremely beneficial to crafting communications that engage donors. But there is a science behind doing this well.

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The Top 4 Motivations for Giving and the Peril of Ignoring, Misinterpreting or Underestimating Them

iMarketSmart

The less energy an organization devotes to creating the conditions that will motivate donors, the more it wastes on fundraising, predisposing itself to high rates of donor attrition and handcuffing its advancement team. Donor motivations are the philanthropic horse that all too often get put behind the fundraising cart.

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Thinking About Donors as Customers

Bloomerang

Innovative fundraising researcher Adrian Sargeant, co-director of the Institute for Sustainable Philanthropy, says, “Nonprofits are a means to an end for the donor. A study by GlobalGiving, a nonprofit crowdfunding platform, found that projects offering donors a choice of specific items to fund received 2.5