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NEWS

Bloomerang Launches First-of-its-Kind Giving Statements Feature to Inspire Ongoing Generosity

Enhanced giving statement functionality helps nonprofits express gratitude to supporters and showcase the impact of their volunteer, in-kind, and financial donations

Giving Statements Feature

Bloomerang, the industry’s leading donor, volunteer, and fundraising management platform, is excited to announce expanded functionality for its Giving Statements feature. An industry first, Bloomerang Giving Statements will now include volunteer hours, in-kind donations, and soft credit gifts in addition to tax-deductible donations in a single year-end summary. Giving Statements makes it easier than ever for nonprofits to showcase all of the ways a constituent chooses to give and supports compliance with IRS requirements.

“All support—whether it’s volunteered time or a cash donation—is critically important for nonprofits to move their missions forward,” said Dennis Fois, chief executive officer at Bloomerang. “Giving encompasses more than monetary donations, and our built-for-purpose giving platform continues to meet the evolving needs of nonprofits and the industry at large. Giving Statements supports and helps track the various ways individuals give to the causes they care about, opening new avenues for nonprofits to build stronger relationships with supporters.”

Bloomerang clients can efficiently send year-end giving summaries via email to each supporter in their database, making required tax documentation much less time consuming, while also giving nonprofits a new opportunity to personally engage constituents around the positive impacts of their giving. With 74% of donors not expecting to be thanked for their contributions, Giving Statements provide a new touchpoint for nonprofits to better steward relationships with supporters. These giving summaries help drive real results for nonprofits when it comes to securing repeat and ongoing support.

With Bloomerang’s Giving Statements nonprofits can:

  • Save time: Year-end giving summaries can be created and emailed in just a few clicks, saving hours of manual work, so nonprofits can spend more time focused on their mission.
  • Show gratitude: Sending giving statements is a great way to personally thank supporters, highlighting all the ways they’ve made an impact through their support.
  • Inspire ongoing generosity: Showcasing how a constituent’s support has impacted a nonprofit and helped move a cause forward can inspire them to not only keep giving, but give in different ways.

“Nonprofits face a tough challenge during tax season: providing timely donation summaries while also keeping donors engaged,” says Tammy Hammond, chief product officer at Bloomerang. “Since more than a third of donors will stop their support due to feeling disconnected from a nonprofit, it’s crucial for nonprofit staff to make the most of every opportunity to connect. Giving Statements simplifies year-end reporting, freeing up valuable time for nonprofits to build stronger relationships. By celebrating every gift, nonprofits can foster deeper connections with their supporters, inspire continued generosity, and ultimately further their mission.”

This latest product release continues to bolster and expand the growth and success Bloomerang customers experience when using Bloomerang’s Giving Platform. Nonprofits are able to raise more and do more, increasing recurring donations by 25%, growing their donor base by 15%, and raising 26% more on average annually.

Learn more about Bloomerang’s Giving Platform and see the latest updates and product offerings here.

Kristen Hay
Kristen Hay is the Senior Marketing Manager at Bloomerang. From 2018 - 2020, she served as the Director of Communications for the Public Relations Society of America's local Hoosier chapter. Prior to that, she served on several committees and in committee chair roles.