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[Music] the nonprofit podcast powered by donor Buck acknowledgements arent just a nice gesture theyre really the foundation of a robust enduring relationship with your donors we often make them way more difficult than they need to be welcome to the nonprofit podcast Im Cara fundraising coach at donorbox were here each week with practical actions you can use today to increase donations and take your nonprofit to the next level tomorrow on last weeks episode Jenna made a strong case for donor stewardship as the key to keeping this years donors around and giving to your organization next year today we journey through the strategies and tactics that turn ordinary acknowledgements into powerful catalysts for donor retention and organizational success but why are they so important lets start there lets talk about a problem thats haunting many nonprofits and thats donor retention the statistics are alarming for every 10 new donors your organization gets more than eight of them walk