What is Subscription Philanthropy?

Donors have changed. They have a new set of expectations. They're looking for new ways to engage with the causes they support.

Welcome to Subscription Philanthropy

We've outlined a few articles that might be helpful to get you up to speed on what we're all about:

• Understanding Retention and Churn

  • In this post, we cover how to calculate (as a percentage) your donor retention and churn over a specific period of time.

• Avoiding the Pitfalls of Donor Churn

  • Are you asking yourself, "why are my donors churning"? Let'd dive into the deep on what the key elements of donor retention are and how can you avoid it?

• 5 Ways to Turn Your Nonprofit into a Recurring Donation Powerhouse

  • In this article, we share our top five ways to help your nonprofit begin its transformation into an incredible fundraising success story.

• Should I Prioritize New or Existing Donors?

  • Not sure where to start with your donor asks? In this post, we help you break it down so you can decide what's best for your organization.

• How to Build a Sustainable Nonprofit Organization

  • Developing a strong & consistent revenue stream is vital to long term success. Let's look at metrics to help you track, grow, and target your growth.

• Calculate your Donor Lifetime Value [Template]

  • Every donor has a lifetime. They come, they donate, and they eventually leave. Use your own donor metrics to calculate your Donor Retention, Churn and overall Lifetime Value

• Piecing together the Donor Puzzle with MRR Forecasting

  • You can start by simply tracking, monitoring, and updating these metrics. Once you have strong understanding of each metric and feel confident in their accuracy, you can begin to forecast.

    But what does the puzzle look like, and how can your organization put it to work?

The message remains the same: Donors want customization, not generalization. Sincere gratitude, not presumed formalities. Above all, they want to help create change, not just throw their dollars at the idea of it.

In the old world, let's call it Transactional Philanthropy, it was all about securing the donation. Acquiring new donors, searching for the right heartstrings to pull, shaking them down for a gift - any gift. But in this new era, it's all about the donor relationship. More and more donors are rejecting the transactional fundraising approach in search of genuine causes and giving opportunities that they can rally behind.

Developing relationships requires a new way of thinking. Rather than placing focus on the "donation" or the "transaction," organizations offering Subscription Philanthropy live and die by their ability to focus on the donor experience. The formula for success lies in delivering multi-channel feedback and the gratification that conditions and reinforces altruistic giving behavior). This is exactly what makes Subscription Philanthropy so awesome: the ability to make donors feel like their contributions are directly moving the needle.

It's more important to note that shifting to a subscription model is exploding in all consumer markets for its ability to create predictable, recurring revenue streams - ultimately, what we are all seeking.

Harness was hand-built for the subscription experience. It comes loaded with features to help transform your fundraising from end-to-end. High fives all around