One of the best ways to create consistent income each month is with a monthly giving program. Imagine what it would feel like to have a steady stream of recurring donations flowing in predictably every single month.
Recurring giving for a supporter is simple. Here’s how it works: First, donors choose the monthly donation amount. Second, they select their preferred payment method (e.g. credit card, bank transfer, PayPal). Then — like magic — the recurring donations come in automatically, like clockwork, every month!
There are many benefits of starting a monthly donor program for your nonprofit. Here are a few reasons you’ll want to add monthly giving to your fundraising strategy to begin receiving recurring donations now:
- Predictable Revenue — Monthly giving campaigns produce a dependable source of income for your nonprofit. Each monthly donor provides your organization with funds each month so you can plan your budget with confidence and peace of mind.
- Larger Gifts — Recurring giving increases a donor’s generosity! While a big, one-time donation may seem impossible for someone, breaking the gift down into manageable payments feels comfortable and so impactful.
- Better Retention — Once a donor is in your monthly giving program, chances are good that they will stay for the long term. Donor retention among supporters of a monthly donor program is much higher than those supporters who give annually.
- Donors Love It — Many supporters prefer a monthly giving option because it’s automatic, more efficient and it saves trees. PLUS, donors are reminded of their big, generous hearts each month when they see the recurring giving transaction on their bank statement.
When you join The Fundraisingology Lab by Moceanic, you’ll discover how to create monthly giving campaigns (with lots of examples) to give your entire fundraising a boost. You’ll know how to set up your program for success. You’ll learn the best ways to find a supporter in your donor file who wants to become a monthly donor — AND how to structure your monthly giving to create a dependable source of income, month after month.
Access the full catalog of fundraising courses and workshops including ones that will help you create monthly giving campaigns and programs. You’ll also get extensive training on all areas of individual giving such as fundraising fundamentals, direct mail fundraising, major gift fundraising, nonprofit storytelling, mid-level programs, planned giving, and much, much more!
Plus, you’ll get ongoing support from the Moceanic experts and connect with the most generous community of fundraisers. You’ll benefit from lots of practical fundraising training and loads of bonuses like monthly giving program examples, guides, checklists, and videos.
Get the best fundraising training and the support you need to connect with your donors… grow your income… and master your career. Check out The Fundraisingology Lab by Moceanic and start reaching your fundraising goals today.