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Mar 11, 2019

The Bi-Polar Future of Fundraising

There are two fundraising models that are heading in opposite directions.

The traditional model is that you invest in new donor acquisition and then work to build a long-term relationship with those donors who, in turn, will faithfully support your cause.

The emerging paradigm is a point-of-sale model, where an organization realizes all of its LTV with the donor’s first gift and no possibility of an ongoing relationship.

One model is relational. One model is transactional. I see the industry struggling to “convert” transactional donors into the relational model. My sense is that this could be an expensive and futile effort.

Rather, I believe the better approach may be to create distinct strategies optimizing each of these two very different fundraising approaches.

Part VII: How Analytical Ones Will be Using AI

Over the past couple of weeks, I have written about some potential effects that AI will have on the nonprofit sector. Today, I’m going to end this series on how we as a company intend to use AI. There’s no doubt there is a certain “wow-factor” using AI. It’s like Star...

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Part VI: The Environmental Impact of AI

Up to this point in our AI blog series, I have been discussing (some might say ragging on) the practical implementational challenges of AI in the nonprofit sector. In today’s blog, I’m shifting the focus on a more global issue: Is using AI environmentally sustainable?...

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