New Report Suggests that 2021 could be 'Best Year' for America's Nonprofits, New report Supposes New York: "New Report" Sukzess a new report recommending
New report reveals that the nonprofit organizations are on track for their best fundraising year ever, even in the midst of the pandemic.
The new study of people's giving intentions across the nation shows that 90 percent of the donors expect to give the same or even more this year compared to last year, which smashed records.
We conducted the survey of 1 149 mostly faith-based donors in June and July.
During the pandemic, many nonprofits -- especially those who help the homeless, hungry, and people who have lost their jobs -- struggled to meet the avalanche of needs in their communities.
Many nonprofit leaders were nervous about the accelerating demand for services, which the pandemic may affect charitable giving, Bakker said. The vast majority of donors say they intend to give as much as they did last year, or more, especially during the holiday season when many nonprofits receive up to 40% of their annual revenue.
One more record shattering year? DickersonBakker has an impressive track record forecasting trends in charitable giving.
The North Carolina-based company, last year, forecast that donations to charities would be strong in 2020, despite the pandemic, and the prediction proved accurate. The year after the year ended, the expectations were low and the amount of charitable giving grew 5.1% in 2020 to $471 billion.
"Our research shows that a large majority of donors are confident in their financial security and optimistic about the future of the economy," says the new report. "At the same time, donors are mindful of the fact that many people are still in need, and they don't intend to cut back on their charitable giving."
At the time of the survey, more than two in every three donors said they felt the COVID-19 crisis had "largely passed," and fewer than one-in-three felt it was still a "significant problem" in their
Donors "Anger for Normal" "Survey for normal". People "increasingly eager" to return to normal and come back to donors again," Bakker said.
More than seven of the 10 donors said they'd be willing to meet in-person with fundraisers or attend a small-scale fundraising event. About six-in-five said they'd attend a large donor gathering now, and nearly eight-out-ten said that they were ready to go to upcoming big events by year's end. Many older donors -- age 65-plus -- were reluctant to attend in-person events.
"Nonprofits should do anything they can to put hay in the barn now while the sun shines," Bakker said. People feel economically secure, they feel generous, and they see the real need around them. Who knows what'll happen in the future? It's not surprising that for the holiday season, there'll be plenty to be optimistic about.
Dickerson-Bakker () (Drey) and Dickens-by-Knight (). www.DickersonBakker.com www-dickerBuckkerker-in.org. ) has been providing professional fund development consulting services to nonprofit organizations for over 35 years. The firm has offices in Texas and North Carolina, and full-time consultants in several states. Through its offices, it has served hundreds of nonprofits -- particularly faith-based organizations -- located in the United States, Canada, or overseas.
PHOTOS: APPARE: AMERICA'S NONPROFITS, "BEST YEAR EVER"? A new report on charitable giving suggests that the American nonprofit organizations are on track for possibly their best fundraising year ever, even in the midst of the pandemic. According to a study published by DickersonBakker, survey of the people's giving intentions across the nation, 90% of donors expect to give the same or even more to charity this year, compared to last year'. This
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