Comments on: Crisis, the economy and nonprofits – it could be a “Good Thing” http://nonprofitdoesntmeanbreakeven.com/2009/04/30/crisis-the-economy-and-nonprofits-it-could-be-a-good-thing/ Tue, 28 Jul 2009 22:45:21 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Ben Brabyn http://nonprofitdoesntmeanbreakeven.com/2009/04/30/crisis-the-economy-and-nonprofits-it-could-be-a-good-thing/comment-page-1/#comment-4 Ben Brabyn Fri, 01 May 2009 06:40:52 +0000 http://nonprofitdoesntmeanbreakeven.com/?p=36#comment-4 We're seeing donation values increasing. Between April 2008 and April 2009, the average donation value rose 8% from £36.17 to £38.90 (over $50). The change appears most pronounced for those organisations that are exploiting the power of social networks to make their causes more immediate to their supporters. The economic circumstances are certainly challenging, but the cost of engaging supporters and building valuable relationships is falling far faster than economic output. We’re seeing donation values increasing. Between April 2008 and April 2009, the average donation value rose 8% from £36.17 to £38.90 (over $50).

The change appears most pronounced for those organisations that are exploiting the power of social networks to make their causes more immediate to their supporters.

The economic circumstances are certainly challenging, but the cost of engaging supporters and building valuable relationships is falling far faster than economic output.

]]> By: p2pconsulting http://nonprofitdoesntmeanbreakeven.com/2009/04/30/crisis-the-economy-and-nonprofits-it-could-be-a-good-thing/comment-page-1/#comment-3 p2pconsulting Fri, 01 May 2009 03:04:59 +0000 http://nonprofitdoesntmeanbreakeven.com/?p=36#comment-3 I work in microfinance of which many are essentially NGOs that rely on philanthropic funding. The thought in the sector is that this is a fantastic (maybe too strong a word) opportunity for institutions to strengthen internal operations and concentrate on the quality of their portfolios, not quantity. A crisis provides incentives to adjust and move forward. Not a bad outcome ... Peter Frerichs www.poletopoleconsulting.com I work in microfinance of which many are essentially NGOs that rely on philanthropic funding. The thought in the sector is that this is a fantastic (maybe too strong a word) opportunity for institutions to strengthen internal operations and concentrate on the quality of their portfolios, not quantity. A crisis provides incentives to adjust and move forward. Not a bad outcome …

Peter Frerichs
http://www.poletopoleconsulting.com

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