ARTICLE
Transform Tax Summaries Into Giving Statements
Topics -
Updated - 01/13/2025
A new way to strengthen donor connections and showcase their impact.
Tax summaries have long been a compliance tool for nonprofits, but Bloomerang refined them as an opportunity to engage donors and highlight their generosity. Bloomerang takes this further with Giving Statements, offering a more holistic and personalized way to celebrate donor support.
This isn’t just about year-end documentation. It’s about transforming essential communications into a meaningful way to build trust and inspire future generosity.
From Tax Summaries to Giving Statements: What’s new?
While tax summaries focus on financial information, Giving Statements expand the picture. They let you:
- Show a holistic view of giving: Recognize non-financial contributions like volunteer hours, in-kind gifts, and soft credits, giving donors a complete picture of their impact.
- Strengthen donor relationships: Use Giving Statements as a touchpoint to thank donors for their yearly contributions and keep them connected to your mission.
- Highlight tax benefits: Provide donors with a clear visual representation of tax deductions to show the value of their giving and encourage continued generosity.
This evolution reflects a shift in donor expectations—people want communications that feel personal and meaningful, not just transactional. Giving Statements delivers on that expectation.
A holistic view of donor support
Giving Statements bring all types of donor contributions together in one place.
- Financial gifts: Previous year totals and detailed breakdowns of contributions.
- In-kind donations: Descriptions and dates of non-monetary gifts.
- Volunteer hours: Recognize the time donors dedicate to your mission.
- Soft credits: Acknowledge indirect donations separately from tax-deductible gifts, ensuring clarity and reflecting every form of generosity.
By showing all types of contributions together, donors can clearly see the impact of their support.
Seamless integration into your workflow
Giving Statements is simple, making the most of tools you already use in Bloomerang:
- Customize branding by adding your organization’s logo and EIN to ensure your statements accurately reflect your organization’s branding and donor contributions.
- Generate on-demand by creating statements directly from a donor’s profile with just a few clicks—or send a link via email for higher volume needs.
- Tailor features to your needs by turning off settings like volunteer hours or soft credits if the data isn’t ready, ensuring a smooth rollout.
These enhancements save time and make it easier to focus on connecting with your donors.
Why Giving Statements matter to donors
Donors want to see the impact of their generosity. Giving Statements makes that possible.
- Clarity and connection: Provide a clear overview of contributions, financial and beyond.
- Celebrate past support: Highlight the full breadth of donor contributions—from financial gifts to volunteer hours, in-kind donations, and soft credits—showing them how much their generosity matters.
- Future inspiration: Reinforce their connection to your mission by showing donors the difference they’ve made and inviting them to continue their support.
For donors, these are more than year-end summaries—they’re proof of the difference donors make and reminders of the mission you share.
Ready to see Giving Statements in action?
Bloomerang Giving Statements build on the strengths of traditional tax summaries, offering a better way to recognize donor impact. By combining financial details with insights tailored to each donor, they turn year-end communications into an opportunity to deepen relationships.
See how easy it can be to make donors feel like a vital part of your mission. Schedule a demo today and explore how Giving Statements can elevate your donor stewardship.
Learn how Bloomerang Tax Summaries can work for you!
Comments