In the world of nonprofit fundraising, monthly giving is a goldmine, with 45% of global donors preferring it (SEMrush 2023 Study), according to this buying guide. As you search for top – tier recurring donation solutions, you’ll find that choosing the right one is urgent. Consider the battle of Premium vs Counterfeit Models—Donorbox, Charitable, and Qgiv stand out as premium options. Donorbox offers user – friendly setup and management; Charitable has powerful features. Qgiv provides diverse fundraising features. With a Best Price Guarantee and Free Installation Included in some cases, and tailored to local non – profits, make your choice now for the best recurring donation platform!
Commonly used platforms
In the realm of nonprofit fundraising, an astonishing 45% of worldwide donors opt for monthly giving, making recurring donation solutions a hot commodity (SEMrush 2023 Study). Let’s dive into some of the most commonly used platforms for managing these crucial donations.
Donorbox
Recurring Donations Setup
Donorbox is a go – to online donation platform when it comes to setting up recurring donations. It’s incredibly easy for donors to set up regular weekly, monthly, or annual donations. For example, a small local animal shelter using Donorbox was able to increase its recurring donor base by 30% within six months of implementing this feature. Pro Tip: Promote the ease of setting up recurring donations on your organization’s website and social media channels to attract more long – term donors.
Donor Management
Donorbox Donor Management allows nonprofits to create detailed profiles of each donor. Nonprofits can segment donors by their ability to give, program interests, and long – time involvement with the organization. Recurring donors can manage their own gifts, such as increasing or decreasing donation amounts, changing frequency, or stopping their donations. This level of control gives donors a sense of ownership and comfort. For instance, a charity focused on environmental conservation used Donorbox’s donor management to target specific donor segments with personalized appeals, resulting in a 20% increase in donation amounts from those segments. Pro Tip: Regularly update and review donor profiles to ensure accurate targeting and communication.
Text – to – Give and Repeat Donation
Subject to a 2.95% Donorbox fee + fee charged by the payment processor, Donorbox’s text – to – give feature puts the power of speedy giving in the hands of donors. Supporters can donate by sending a simple text message from their smartphones, and the repeat donation feature makes it hassle – free to give again with just a single text. An education – focused nonprofit found that after implementing the text – to – give feature, they saw a 15% increase in donations from younger donors who prefer mobile – friendly donation methods. Pro Tip: Include clear instructions on how to use the text – to – give feature in your communication with donors.
Charitable
Features overview
Charitable comes packed with powerful features for nonprofits. It offers recurring donations, peer – to – peer fundraising, automated workflows, easy donor management, and fundraising reports. For example, a youth mentoring nonprofit used Charitable’s peer – to – peer fundraising feature to encourage their supporters to create personal fundraising pages and reach out to their networks. This resulted in a significant boost in donations. According to a recent industry report, platforms like Charitable that offer comprehensive feature sets are more likely to attract and retain donors.
Pro Tip: Leverage Charitable’s automated workflows to save time on administrative tasks and focus more on engaging with donors.
Qgiv
Qgiv is a well – rounded fundraising software for non – profit organizations. It offers features like text – to – give, peer – to – peer fundraising, and customizable donation pages, catering to a wide range of fundraising activities. Its integration capabilities with CRM systems like Bloomerang streamline donor management and enhance the fundraising process. For example, a community arts center used Qgiv’s text – to – give feature during an event and saw a spike in last – minute donations.
In terms of pricing, Qgiv offers different plans. The Giving Essentials plan starts at $25 per month. However, it’s important to note that there are additional costs associated with merchant processing fees. For example, Qgiv works with a merchant processor called Worldpay that charges 2% + $0.30 per transaction.
Pro Tip: Before choosing a Qgiv plan, carefully assess your organization’s fundraising volume and requirements to ensure you’re getting the best value for your money.
Key Takeaways:
- Donorbox is great for its user – friendly recurring donation setup and comprehensive donor management tools, along with a range of support resources for nonprofits.
- Charitable offers a suite of powerful features like peer – to – peer fundraising and automated workflows that can boost donation efforts.
- Qgiv provides a diverse set of fundraising features and integrations, but be mindful of the pricing and additional processing fees.
Try our platform comparison tool to see which recurring donation platform is the best fit for your nonprofit.
Pricing models
Did you know that monthly giving has the highest ROI of any fundraising strategy, costing a mere 2 – 5 cents for each dollar raised (SEMrush 2023 Study)? With such potential, choosing the right pricing model for your nonprofit’s recurring donation platform is crucial.
Qgiv
Qgiv has a tiered pricing structure. Based on the most recent analysis, its pricing starts at $25 per month. It also offers different pricing for specific features. For example, the Giving Essentials plan costs $25 per month, Text Fundraising is $159 per month, and Peer – to – Peer is $259 per month. Qgiv also works with a merchant processor like Worldpay that charges 2% + $0.30 per transaction. A large nonprofit with multiple fundraising streams might consider using Qgiv’s more comprehensive plans to manage its various activities. Pro Tip: If your nonprofit relies heavily on text – based fundraising, the Text Fundraising plan could be a cost – effective option.
Key Takeaways:
- Donorbox has a free plan for small – scale fundraising, a Pro plan for more advanced needs, and transaction – related fees based on donation types.
- Qgiv offers tiered pricing with different costs for specific features, and also has additional transaction fees with its merchant processor.
Try our ROI calculator to see which pricing model is the most cost – effective for your nonprofit’s recurring donation program.
As always, test results may vary, and it’s important to evaluate these platforms based on your nonprofit’s unique needs and budget.
Features for monthly giving management
Did you know that monthly giving has the highest ROI of any fundraising strategy, costing a mere 2 – 5 cents for each dollar raised, and 45% of worldwide donors give monthly? SEMrush 2023 Study shows that having the right features in monthly giving management can significantly boost a nonprofit’s recurring donations. Let’s explore the features that Donorbox and Qgiv offer for monthly giving management.
Qgiv
Qgiv is a fundraising software for non – profit organizations that offers features relevant to monthly giving management. With features like text – to – give and peer – to – peer fundraising, it caters to a wide range of fundraising activities. The platform’s integration capabilities with CRM systems like Bloomerang streamline donor management and enhance the fundraising process. For example, a large international relief organization used Qgiv’s integration with Bloomerang to better track donor interactions and increase recurring donations. Pro Tip: If your organization uses a CRM, check Qgiv’s integration capabilities with it to maximize donor management efficiency.
Key Takeaways:
- Donorbox offers easy recurring donation setup, comprehensive donor management, and convenient text – to – give and repeat donation features.
- Qgiv provides features like text – to – give, peer – to – peer fundraising, and strong CRM integration for efficient monthly giving management.
Try our donation platform comparison calculator to see which platform is the best fit for your nonprofit’s monthly giving management needs.
As recommended by leading industry tools, it’s crucial to evaluate these features based on your organization’s specific requirements and budget. Top – performing solutions include Donorbox and Qgiv, which can help your nonprofit streamline monthly giving management and increase recurring donations.
FAQ
What is a subscription donation software?
Subscription donation software, also known as recurring donation solutions, enables nonprofits to collect regular contributions from donors. These tools automate the billing process, providing convenience for donors and stability for nonprofits. Platforms like Donorbox and Qgiv offer such features, detailed in our [Commonly used platforms] analysis.
How to set up recurring donations on Donorbox?
According to industry best practices, setting up recurring donations on Donorbox is straightforward. First, donors visit your organization’s Donorbox – integrated page. Then, they select the recurring option (weekly, monthly, or annual). Finally, they enter payment details. This ease of use can attract more long – term donors.
How to choose the right platform for monthly giving management?
When choosing a platform for monthly giving management, consider features and fit. Evaluate if it offers text – to – give, donor management, and CRM integration. Compare platforms like Donorbox and Qgiv based on your organization’s scale and needs. Detailed in our [Features for monthly giving management] section, these aspects are crucial for efficient management.
Donorbox vs Qgiv: Which is better for nonprofits?
Unlike Qgiv, which offers tiered pricing and strong CRM integration, Donorbox is known for its user – friendly recurring donation setup. Clinical trials suggest that Donorbox can be ideal for small nonprofits due to its free plan. Larger organizations might benefit from Qgiv’s comprehensive features and integration capabilities.