Raise and Engage

Nonprofit State of the Social Sector Summary

Blackbaud's #NoFilterNonprofit Resource Hub for the Nonprofit Community

Issue link: https://nofilternonprofit.blackbaud.com/i/1326322

Contents of this Issue


Page 0 of 2

www.blackbaudinstitute.com November 2020 1 In The State of the Social Sector, we examine today's environment against the backdrop of long-term trends and the core practices that have enabled organizations to weather dynamic economic, environmental, political, and social challenges. Though 2020 will be marked as a time of widespread change, the overarching trends in philanthropy are positive: Individuals, companies, and groups continue to invest in the causes they care about. While the percentage of online donations has leveled off for the past two years, we may see an uptick as in-person stewardship and programming give way to online-only engagement. These effects will be telling if seen throughout major giving, where gifts have traditionally been made in person. Significant jumps during the month of May, for example, showed an increasing reliance on online platforms, as many organizations rushed to leverage momentum from #GivingTuesdayNow. One thing is clear: Social good institutions have long contended with the ripple effects of various challenges. Smart institutions look to the most effective practices in the face of extreme events. As we continue to navigate the road ahead, we'll need to focus on these strategies: Diversify Revenue Social good organizations should not overlook revenue mix as a component of ongoing strategic planning. The dependency quotient is a metric that quantifies the risk associated with a lack of revenue diversification. While some organizations may cease to exist if they lost their top five donors, others may experience minimal distress. This metric allows you to take a more nuanced Read the full report for a deeper dive into the data and trends you need to know. Access now Highlights from The State of the Social Sector

Articles in this issue

Links on this page

view archives of Raise and Engage - Nonprofit State of the Social Sector Summary